– Big Data encompasses vast datasets collected by businesses, captured through the Internet of Things (IoT). – AI mimics human intelligence via algorithms, neural networks, and machine learning for traditionally human-centric tasks.
– Data Preprocessing: Big Data tech aids in collecting, cleaning, and organising data for AI readiness. – Data Analysis: Big Data analytics fuels AI, swiftly processing vast amounts of information for more accurate predictions.
– Predictive Analytics: Merging big data and AI enables the prediction of trends, customer behaviour, and market dynamics. – Personalisation: Collaboration yields personalised experiences through AI user behaviour and preferences analysis.
Fraud Detection: Big Data and AI collaborate in finance, detecting and preventing fraud through real-time analysis of transaction patterns.
As AI and Big Data evolve, businesses must embrace them for a competitive edge in today's data-driven world.