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Blockchain: The Fall of Traditional Centralized Systems in Business & Finance

Smart Data Collective

The market for blockchain technology in the financial sector is expected to reach over $3 billion by 2024. Also, it states, in 2019 and 2020 cryptocurrencies have been on the road to recovery potentially entering a bull market. In May of 2019 Facebook announced that they would create a cryptocurrency named Libra, now Deim.

Finance 348
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4 IT Management Best Practices Data-Driven Businesses Must Practice

Smart Data Collective

In fact, according to Gartner , it is expected that business owners will spend $750 million on investing in ineffective features of IT tools, up from $600 million in 2019. Artificial Intelligence performs human-like tasks like problem-solving, speech, and text recognition. CAGR between 2016 and 2024. billion by 2024.

Big Data 297
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AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!

Smart Data Collective

billion by 2024 compared to $2.6 billion in 2019. It’s no longer a fruit of our imagination, not with chatbots acting like humans and machines doing tons of our work. BusinessInsider estimates that the chatbot market size will grow to $9.4 This equals a compound annual growth rate of a whopping 29.7%. What does this tell us?

Retail 338
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Automation: Eliminate manual processes and manual work and get more work done

Monday

According to a recent Gartner article , 69% of routine work currently done by managers will be fully automated by 2024 – thanks to “Artificial Intelligence (AI) and emerging technologies such as virtual personal assistants and chatbots.”. The days of manual processes, manual work, and manual tasks are disappearing rapidly.

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Extracting Actionable Insights from Learning Analytics Data with AI: Enhancing Teaching and Learning 

Astera

during 2019-2024. According to a report by MarketsandMarkets, the global learning analytics market is expected to reach US$8.2 billion at a compound annual growth rate (CAGR) of 21.5%

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Image Tracking And Other Machine Learning Benefits For Photography

Smart Data Collective

Artificial intelligence is leading to some drastic changes in the field of photography. The market for artificial intelligence in photography was worth $10.7 billion in 2019. It is expected to reach over $29 billion by 2024. We previously talked about the benefits of machine learning in photo editing.

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Top 10 Analytics And Business Intelligence Trends For 2020

Data Pine

2019 was a particularly major year for the business intelligence industry. But the BI landscape is evolving and the future of business intelligence is played now, with emerging trends to keep an eye on. It will also be a year of collaborative BI and artificial intelligence. 3) Artificial Intelligence.