2/24/2023 0 Comments Knowledge is power quote![]() ![]() Why the world's leading fleets rely on data Data Mining with Telematicsĭata mining with the use of telematics technology, also known as GPS fleet management and vehicle tracking, covers vast topics, including safety, productivity, optimization, to compliance. Predicting Traffic Congestion with Driving Behavior Predictive analytics are a central component of data mining, since decisions about future events can be more easily identified.Ĭollecting data without sufficient analysis requires management to defer back to intuition-based thinking, rather than evidence-based decision-making.įrom marketing and sales, to banking and government, to basketball and football teams – data mining and analytics are being applied everywhere. ![]() While the benefits and processes vary across each industry and type of organization, the essence of data mining remains the same – searching, discovering, and tracking patterns and the unique relationships between them. ![]() The quote still holds true in the 21st century as data, now a widespread tool, helps fuel knowledge. Everybody, at some point or another, has heard or seen the quote: “knowledge is power.” This quote is attributable to Sir Francis Bacon, an English philosopher, scientist, and author, and dates all the way back to 1597. ![]()
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