Which technology uses algorithms to analyze large amounts of data for patterns and predictions? 🔊
The technology that uses algorithms to analyze large amounts of data for patterns and predictions is known as data mining or predictive analytics. These techniques allow organizations to extract meaningful insights from big data, helping in decision-making processes across various industries. They can identify trends, forecast future behaviors, and improve operational efficiency. Data mining plays a pivotal role in sectors like finance, marketing, and healthcare, driving strategies based on data-driven insights.
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