by Britta Scherer | 14. September 2021 | Knowledge Nugget, News and events
At its core, the term Big Data describes an enormous amount of structured and/or unstructured data that is too large, too complex, or too fast-moving to examine using simple or manual analysis techniques. However, the term has been used in a variety of ways in recent...
by Britta Scherer | 7. September 2021 | Knowledge Nugget, News and events
Data mining is the process of systematically examining and analyzing large amounts of data to identify patterns, trends, and relationships. Since this involves Big Data, statistical and computer-aided methods are used to process the data and extract insights. In...
by Britta Scherer | 20. October 2020 | News and events, The Ten
Every department and every area in the company is in demand for digitization. Many companies are currently considering increasing the degree of automation in purchasing. Processes should run completely autonomously. Blockchain technology with smart contracts or...