Data mining and big data are known to be two different things. While it is true that both of them relate to the use of large datasets for handling data that serves our purpose and yet they are Data mining vs big data two different terms in the aspect of operation they are used for. We can say that big data refers to a collection of large datasets and the best example to explain that is datasets in Excel sheets which are too large to be handled easily. On the other hand, data mining is referred to as an activity of going through a very large chunk of data with the aim of looking for relevant or pertinent information. You can also checkout best online Data science & Big Data courses.
In easy words, all such data that is equal to or greater than 1 TB is known as big data. All the analysts predict that there will be 5,200 GBs of data on every person in the world by 2020.
Here the importance of big data does not refer to how much data there is but what we are getting out of it. We can analyze such data to reduce cost and time and make smart decisions out of it. If you’re looking to advance your data skills, these Top certifications in Big Data can help you get started.
Below are the challenges that can be faced while dealing with big data.
Data mining or we can also say “Knowledge Discovery of Data” refers to the extraction of knowledge from a very large amount of data that is, big data. Data mining is mostly used in statistics, machine learning, and artificial intelligence. Thus, considered as the step of the “Knowledge discovery in databases”.
Data mining helps greatly in credit ratings, fraud detection, and targeted marketing where we find out which types of transactions are likely to be a fraud. This is done by checking the past transactions of a user and checking customer relationship like which customers are loyal from the start. And which customers are most likely to leave for other companies. You can also find out learn Artificial Intelligence & Machine Learning.
Many challenges are expected in data mining and some of them are mentioned below.
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Here are the key differences between big data and data mining.
By reading all the above explanation on data mining and big data, we can say that data mining is not depended on big data at all. It is because it can be done on the small and large amount of data. But on the other hand, big data surely depends on data mining. It is because if we are not able to find the importance of large amount of data then know that this data is of no use to us. So if you have any confusion regarding what big data and data mining is and what are the key differences between them, then this article is what you need to read.
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