Big data can help experts spot trends and foretell when these trends may reoccur and what to expect in unexpected circumstances.
To put it simply, big data is the processing of large amounts of data, be it historic or real-time, and to which algorithms are applied to discover trends in user behaviour, predict future outcomes, or gain other insights, just to name just a few. Buying real estate is an emotive experience and big data helps shed light on the motivations behind a purchase rather than what was purchased.
Simply put, big data is about shedding light on the motivations behind a purchase rather than what was purchased. In more precise terms, big data helps in better prediction and analysis in real estate,” says Thor. “Affordability is not just about financial capability to buy houses, but it depends on the ‘habitability’ of the houses. Here, an accurate, reliable and up-to-date database is important to be able to analyse and make decisions with,” Ismail says.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Retired Penang couple wins Big Sweeps' first prize during MCO, endures 103-day wait to claim RM1m winnings | Malay MailKUALA LUMPUR, July 8 — A retired couple from Penang had to endure an arduous and nerve-wrecking 103-day wait to collect their winnings of RM1 million after buying the Pan Malaysian Sweeps’ Big Sweep Super 7 Draw winning ticket in March. The couple, who had purchased the ticket before the...
Source: malaymail - 🏆 1. / 86 Read more »
Gold above US$1,800 an ounce for first time since 2011 | The Malaysian InsightPrecious metal benefits from haven status as coronavirus outbreak triggers global economic fears.
Source: msianinsight - 🏆 8. / 63 Read more »
M'sia, Japan discuss cooperation to stimulate tourism industry - NancyCooperation in the industry was raised when Japanese Ambassador to Malaysia Hiroshi Oka visited her today.
Source: malaysiakini - 🏆 20. / 51 Read more »
Pellegrini set to coach Real Betis - reportMADRID (Reuters) - Former Real Madrid and Manchester City coach Manuel Pellegrini is set to take over at La Liga side Real Betis from next season, Spanish newspaper El Pais said on Wednesday.
Source: staronline - 🏆 4. / 75 Read more »
Ringgit opens lower against US dollarGreenback strengthens on improving economic data despite Covid threat. FMTNews Ringgit
Source: fmtoday - 🏆 5. / 72 Read more »
Pompeo says US looking at banning Chinese apps, including TikTokLawmakers have raised national security concerns over social media app's user data handling. FMTNews TikTok Pompeo
Source: fmtoday - 🏆 5. / 72 Read more »