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The telecom sector is loosing billions of money every year due to fraud detection. Machine Learning is the best weapon for telecom industry against fraud detection. Machine Learning has the capability to self- learn, the algorithm gives accurate result which helps in detecting fraud activities.
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Hadoop is extensively used in big data analytics, including scientific analytics, business and sales development, and enormous volumes of data processing. The Hadoop and Big Data Analytics Market are expected to reach USD +40 billion by the end of 2022 with +43 % CAGR during the forecast period 2018-2022.
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Twitter uses R for Data Visualization and Semantic Clustering. Twitter has created some super impressive projects using R. They also have created open-source packages for anomaly and breakout detection, which has helped improve their customer experience.
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The global Data Analytics market in Banking sector was $7.19 billion in 2017 and it is expected to reach $14.83 million by 2023, growing at a CAGR of 12.97% between (2018-2023).
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