In this blog, let’s understand what hot and cold data storage mean and then later let’s explore Database, Data Warehouse and Data lake.
Also, I suggest you read this article to understand Structured data, Unstructured data and Semi-structured data before we proceed.
This kind of storage is used when data needs to be accessed right away. Hot data is typically business critical information which is used for quick decision making.
Hot storage is most expensive since hot data needs to be accessed frequently.
On the other hand, cold storage is meant for data that is rarely used. Cold data mostly…
Historically, organizations have mainly focused on structured data for any kind of visualization or analysis. Traditional systems and reporting still rely on this form of data.
However, with evolving world and swift increase in semi-structured and unstructured data sources businesses are evolving too! They are now exploring all 3 kinds of data, interpreting them and acting on those insights.
This article will walk you through what is Structured data, Semi-structured data and Unstructured data with examples. Also, present few differences between each of them to understand even better.
Before we proceed, let’s see what is a Data and Data structure.
Cloud computing is the on-demand availability of computer system resources, especially data storage and compute power provided by cloud providers. This involves huge data centers available to many users over the internet. It allows companies to avoid or minimize up-front IT infrastructure costs.
Earlier, almost all the businesses used to have their servers set up on-premises. This means company servers might be sitting in a room a few meters away from an employee’s desk. The company had to source, maintain and manage IT infrastructure all by themselves which involved time, expertise and huge amount of money. Failure of any server…
Machine learning is changing the way retailers do business!
From groceries to clothes and to technology products, the possibilities in retail space are full of promises. Retailers have access to huge customer data. By applying machine learning to this data, it can forecast demand for certain products, provide tailored product recommendation, offer promotions and also identify fraudulent purchases.
Demand forecasting is all about how efficiently companies use the available data and derive actionable insights. It is a critical process of predicting what the demand for certain products will be in the future. …
What is Machine learning?
Machine learning is a branch of artificial intelligence (AI) that provides systems the ability to automatically learn from data and improve their accuracy over time without being explicitly programmed.
Applications of Machine Learning
We now live in an age where machine learning is a hot topic. It is so pervasive today that you probably use it dozens of times a day without knowing it. It is changing the world by transforming many segments including education, entertainment, food industry, transport, social networking platforms and many more. I have mentioned few below.
We make several decisions in life. Few of them are choosing to save or spend money, buying a home with a partner, breaking up with partner, getting a pet, choice of degree to study, choosing a University, quitting a job, quitting smoking, getting married, having children, buying a new car and many more.. Recent addition — Should I get a COVID test?
Decision Tree is the graphical (inverted tree-like) representation of all the possible solutions to a decision based on certain conditions. These conditions are generally if-then statements. The deeper the tree, the more complex these conditions will be. …
Machine Learning Engineer