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Sunday, April 17, 2011

Large Scale Data Analysis

The past decade has seen the increasing availability of very large scale data sets, arising from the rapid growth of transformative technologies such as the Internet and cellular telephones, along with the development of new and powerful computational methods to analyze such datasets. Such methods, developed in the closely related fields of machine learning, data mining, and artificial intelligence, provide a powerful set of tools for intelligent problem-solving and data-driven policy analysis. These methods have the potential to dramatically improve the public welfare by guiding policy decisions and interventions, and their incorporation into intelligent information systems will improve public services in domains ranging from medicine and public health to law enforcement and security.

In Pakistan, there are so many organizations that are always in need of better mechanism to handle such a large data and use to take decisions effectively and quickly. Take the telecom sector, for instance, almost all the decisions are made by taking out KPIs from a large set of data. A lot of research work is going on worldwide in this arena and there still exists a lot of potential!

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