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Big Data Partnerships Drive Growth in the Global Remittance Market

Smart Data Collective

Recent financial data from Western Union shows the company is leading this market. Recent revenue reports from its website show its digital partners increased more than 38% in 2020 from 2019. Companies that use financial data strategically can get the most value from it.

Big Data 236
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Machine Learning Transforms Life Insurance Beyond the Actuarial Process

Smart Data Collective

The market for data analytics in the insurance sector is projected to be worth nearly $22.5 Many of the applications of big data for insurance companies will be realized with machine learning technology. If a customer has already filed multiple complaints with the insurer, it could mean they are at risk of churn.

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9 Ways Location Data Can Help You Excel in Retail

Smart Data Collective

One of the secrets to attracting and retaining customers is to become more data-centric. trillion in 2019? According to many surveys, more than 90% of retail organizations across a wide range of sectors feel location data is crucial to their success. Enhance the client experience. Here it goes.

Retail 252
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Big Data Is Shaping These Huge Digital Marketing Trends In 2020

Smart Data Collective

The difference is that big data technology has made email more powerful than ever. If you want to make the most of this interactive channel, you must use data analytics to: Review it with a new coat of paint. The latter is about a customer’s journey at various stages of the buying process and beyond.

Big Data 289
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10 Powerful Ways To Use Artificial Intelligence In eCommerce

Smart Data Collective

Gartner reports that 37% of companies used AI in the workplace in 2019. eCommerce businesses are embracing AI for a number of use cases as they need a more efficient way to process the terabytes of data they collect regularly and drive better results. Enhance customer experience with personalization.

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The future of casino marketing strategy is digital plus data

BizAcuity

From 2009 to 2019, in a span of 10 years, the United States tripled its gross gaming revenue from $34.3 Thanks to data analytics, these decisions can now be backed by data. Real-time decisions can be taken in line with data insights. Casino owners can also leverage similar approaches using data analytics.

Digital 130
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Bridging the Gap Between Analytics Expectations and Reality

Sisense

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. 39% of companies want to identify new revenue and business opportunities with data analytics.