Pattern Recognition

A process to classify or label the identified pattern in the process of machine learning is known as pattern recognition.

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36 percent of investment professionals use web scraping to derive data.
In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
The big data industry will be worth an estimated $77 billion by 2023.
62 percent of retail businesses see competitive advantages from information and analytics.
29 percent of investment professionals use search trends to derive data.
8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition

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