The Underpinnings of Analytics
Mathematical Underpinnings of Analytics. First Edition. Peter Grindrod.
© Peter Grindrod 2015. Published in 2015 by Oxford University Press.
In almost every sector of commercial and public endeavour there has been, or there is about to be, a data deluge. The innovation and exploitation, and also the hype, are driven by (a) the availability of data from emerging and converging digital platforms; (b) the increased amount of online and off-line traffic, data collection, and surveillance; (c) the commercial imperatives to create greater value from existing customers and distilled knowledge; and (d) growing open data initiatives. Companies have become more aware of their own data resources, and see the future exploitation of these resources as a strategic path to growth....
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