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Banks Merge Data Mining and CRM Tools to Boost Profitability

Smart Data Collective

CRM enables banks to personalize their interactions with customers, track and analyze customer data, and provide targeted marketing and sales efforts. This data is useful in segmenting customer bases into useful categories, allowing banks to tailor their services to meet the unique needs of each client group.

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What Role Does Data Mining Play for Business Intelligence?

Jet Global

Data drives everything in the business world, from manufacturing to supply chain logistics to retail sales to customer experience to post-sale marketing and beyond, data holds the secrets to making processes more efficient, production costs cheaper, profit margins higher and marketing campaigns more effective.

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Glossary of Digital Terminology for Career Relevance

Rocket-Powered Data Science

Chatbots cannot hold long, continuing human interaction. Traditionally they are text-based but audio and pictures can also be used for interaction. They provide more like an FAQ (Frequently Asked Questions) type of an interaction. NLG is a software process that transforms structured data into human-language content.

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. Decision support systems are generally recognized as one element of business intelligence systems, along with data warehousing and data mining.

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Your Modern Business Guide To Data Analysis Methods And Techniques

datapine

What Is A Data Analysis Method? Data analysis method focuses on strategic approaches to taking raw data, mining for insights that are relevant to the business’s primary goals, and drilling down into this information to transform metrics, facts, and figures into initiatives that benefit improvement.

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Leveraging Data Analytics for YouTube SEO for Maximum Visibility

Smart Data Collective

Keyword research is one of the most important uses of data analytics for YouTube marketing. You can use a lot of data mining tools to find out more about the keywords that can drive traffic to your videos. How does data analytics come into play here? Encourage People to Interact with Your Videos.

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Take Your SQL Skills To The Next Level With These Popular SQL Books

datapine

One of the best beginners’ books on SQL for the analytical mindset, this masterful creation demonstrates how to leverage the two most vital tools for data query and analysis – SQL and Excel – to perform comprehensive data analysis without the need for a sophisticated and expensive data mining tool or application.