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Not long ago, big data was one of the most talked about tech trends , as was artificialintelligence (AI). Cytora is a company that operates in the European and Australian markets for now but plans to expand. In 2014, Cloudera and Hortonworks had much-hyped IPOs. It combines elements of both technologies.
The data collected by these devices is used to design personalized training plans. Big data analytics and artificialintelligence enable the simultaneous processing and analysis of data from many sources to measure and even predict performance. These developments have added a whole new dimension to data analysis.
According to a recent Forbes article, “the prescriptive analytics software market is estimated to grow from approximately $415M in 2014 to $1.1B ” The article goes on to state that “by 2020, predictive and prescriptive analytics will attract 40% of enterprises’ net new investment in business intelligence and analytics.”
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