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Bigdata is playing a more important role than ever in fine-tuning the relationship between customers and brands. The Complex Role Between BigData and Social Listening Tools. A number of companies use bigdata to provide better social listening capabilities.
Modern marketing strategies rely heavily on bigdata. One study found that retailers that use bigdata have 2.7 Bigdata is even more important for companies that depend on social media marketing. His statement about the importance of bigdata in social media marketing is even more true today.
“Bigdata is at the foundation of all the megatrends that are happening.” – Chris Lynch, bigdata expert. We live in a world saturated with data. Zettabytes of data are floating around in our digital universe, just waiting to be analyzed and explored, according to AnalyticsWeek. At present, around 2.7
“Without bigdata, you are blind and deaf and in the middle of a freeway.” – Geoffrey Moore, management consultant, and author. In a world dominated by data, it’s more important than ever for businesses to understand how to extract every drop of value from the raft of digital insights available at their fingertips.
In fact, a Digital Universe study found that the total data supply in 2012 was 2.8 Based on that amount of data alone, it is clear the calling card of any successful enterprise in today’s global world will be the ability to analyze complex data, produce actionable insights and adapt to new market needs… all at the speed of thought.
In the digital age, those who can squeeze every single drop of value from the wealth of data available at their fingertips, discovering fresh insights that foster growth and evolution, will always win on the commercial battlefield. Moreover, 83% of executives have pursued bigdata projects to gain a competitive edge.
He should elaborate more on the benefits of bigdata and deep learning. A lot of bigdata experts argue that deep learning is key to controlling costs. Health IT Analytics wrote an article on the cost benefits of using bigdata in healthcare. This will be essential for all countries.
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