OCR(Optical Character Recognition) used to convert text and data present in images to machine-encoded format for digital purposes. In our case, the images are digital documents. These are the general methods that are involved in an OCR.
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Business Intelligence is very helpful in making those correct decisions, as it joins data, technology, analytics, and knowledge altogether, to help business professionals make the optimal decisions that drive their enterprise’s success in the market.
Chatbot technology is a designed tool powered by the rules of Artificial Intelligence (AI) and Machine Learning (ML), acts as a simulator of human conversation for the purpose of automation and business process. Chatbots facilitate users to interact when placed within the messenger apps that act as a platform for supporting the bots.
Google Data Studio is cloud-based, free, data visualization and reporting tool that turns your data into informative, easy to read, easy to share, and fully customizable dashboards and reports. And all of this can be done simply by its intuitive and user-friendly drag-and-drop features.
Tableau is a powerful and fastest growing data visualization tool. It helps in simplifying raw data into the very easily understandable format.
Healthcare analytics is the collection and analysis of data in the healthcare industry in order to gain insights and support decision-making.
The field of retail analysis goes beyond superficial data analysis, using techniques like data mining and data discovery to sanitize data sets to produce actionable BI insights that can be applied in the short-term.
Power BI is a cloud-based business analytics service, developed by Microsoft, which enables users, even those who are not that friendly with technology, to visualize and analyze data, along with the functionality of creating real-time dashboards, with speed, efficiency, and understanding
Businesses use analytical platforms to measure and benchmark site performance and to look at key performance indicators that drive their business, such as purchase conversion rate.
Considering the overall situation, universities should rethink and revise the way they build curriculum. They should wholeheartedly welcome career planning tools to drive innovation in developing strategic programs and making data-informed decisions for student success. Let’s understand how to implement this.