Smart Data Collective

DECEMBER 21, 2021

Big data is a phrase that the industry coined in 1987 , but it took years before it became truly popular. By the time the name was a household term, big data was everywhere, and companies were seeking ways to store and use the data. Data scientists knew that big data could hold valuable insights.

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Smart Data Collective

JANUARY 26, 2021

Big data technology has been instrumental in helping organizations translate between different languages. We covered the benefits of using machine learning and other big data tools in translations in the past. How Does Big Data Architecture Fit with a Translation Company?

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Smart Data Collective

OCTOBER 14, 2019

From the tech industry to retail and finance, big data is encompassing the world as we know it. More organizations rely on big data to help with decision making and to analyze and explore future trends. Big Data Skillsets. They’re looking to hire experienced data analysts, data scientists and data engineers.

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Smart Data Collective

FEBRUARY 24, 2021

The scope of satellite big data applications has dramatically increased lately. Spatial data helps almost in any niche of human activities. Spatial data helps almost in any niche of human activities. In the past, these stations were but a few, which increased the data transmission intervals.

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Smart Data Collective

DECEMBER 13, 2022

Experts assert that one of the leverages big businesses enjoy is using data to re-enforce the monopoly they have in the market. Big data is large chunks of information that cannot be dealt with by traditional data processing software. Big data analytics is finding applications in eLearning.

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Smart Data Collective

SEPTEMBER 27, 2021

Big data technology has had an enormous impact on many sectors. Big data is completely changing the securities trading profession. The digital age is here to stay and big data has changed how business operate forever. Big Data is Transforming the Trading Profession.

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Smart Data Collective

NOVEMBER 25, 2019

New technologies, especially those driven by artificial intelligence (or AI), are changing how businesses collect and extract usable insights from data. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade. New Avenues of Data Discovery.

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Smart Data Collective

NOVEMBER 18, 2020

The market for big data is surging. The increasing demand for big data is not surprising. We are living at a time when there is heavy reliance on big data, which often comes from online information. Due to the benefits online data provides, you should strive even more to find or share factual information.

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Smart Data Collective

JULY 20, 2021

Big data technology is incredibly important in modern business. One of the most important applications of big data is with building relationships with customers. These software tools rely on sophisticated big data algorithms and allow companies to boost their sales, business productivity and customer retention.

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Smart Data Collective

MARCH 19, 2020

In this article, we will take a close look at 3 industries using AI in 2020, while trying to dive deep into the methods and reasons behind why these areas are so ahead of the pack in terms of tech. So, without further ado, let’s take a look at 3 industries using AI in 2020… Online Gaming Industry.

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Smart Data Collective

JANUARY 14, 2021

It is no secret that email technology has then significantly shaped by new developments with big data. We have talked extensively about the benefits of using big data in the field of email marketing. However, there are plenty of other novel data technology applications that email providers are rolling out.

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Smart Data Collective

MARCH 16, 2022

Last year, in an article that talked about the impact big data has on finance, we said that location data sets can make investing easier. Companies spent nearly $11 billion on financial analytics in 2020. Today, we are going to look at the potential influence big data has on personal finance in detail.

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Smart Data Collective

APRIL 22, 2020

Big data can be a tool, a weapon or a currency. Now, amid the COVID-19 pandemic, big data has become a life-saving ally for the health care community. This moment in history is unlike any other — and the value of data in ending it resembles nothing we’ve yet seen. Here are a few ways this is possible: 1.

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Smart Data Collective

APRIL 13, 2020

Big data is becoming an integral part of the financial sector. Large financial brands are seemingly the biggest investors in big data. However, smaller investors and solopreneurs are likely to make big data a focus in the coming years as well. Understand the Nature of Big Data in Day Trading.

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Smart Data Collective

JANUARY 27, 2022

Did you know that big data consumption increased 5,000% between 2010 and 2020 ? Big data technology is changing countless aspects of our lives. A growing number of careers are predicated on the use of data analytics, AI and similar technologies. This should come as no surprise. Genetic Engineer.

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Smart Data Collective

DECEMBER 6, 2019

Big data is changing the way we live in tremendous ways. One impact of big data is the way that it influences employee scheduling. However, big data has led to a number of new features that are making it more reliable than ever. Employee Scheduling Features that Are the Result of Big Data.

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Smart Data Collective

MAY 19, 2022

Big data technology is incredibly important in many aspects of modern business. The sales profession is one of the areas most affected by data. billion on marketing analytics in 2020 alone. There are many ways that big data is helping companies improve sales. Big Data Helps Automate Sales Processes.

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Smart Data Collective

APRIL 1, 2020

Big data is the lynchpin of the Software as a Service (SaaS) business model. Panoply, a big data innovator, has talked about a new model called Data as a Service, which is a variation of the same idea. Big data is used at every junction of the SaaS model. SaaS Model Relies on Big Data Innovation.

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Smart Data Collective

JANUARY 21, 2020

It wouldn’t be wrong to consider that the growth and availability of advanced analytics and big data technologies have actually popularized the concept of AI marketing , which in turn allows firms to draw a better and bigger picture of the target clientele. Benefits of AI Marketing. Machine Learning.

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Smart Data Collective

FEBRUARY 16, 2021

Big data has shed some important insights on a number of facets of modern organizational functions. One of the areas that has been shaped by big data is cybersecurity. We have talked about the importance of using big data to strengthen cybersecurity by creating more robust defenses. The ransomware explosion.

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Smart Data Collective

JUNE 22, 2022

The financial sector is among the industries most affected by developments in big data. This market doesn’t seem to even include a number of new services financial institutions use that rely on big data. Big Data Change the Future of Payment Processing for Small Businesses. That rose to 19% by 2018.

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Smart Data Collective

SEPTEMBER 6, 2020

A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. How much of a role will big data play in ecommerce? billion on big data by 2025. But how should ecommerce platforms use big data effectively?

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Smart Data Collective

JUNE 8, 2023

The field of academia is more dependent on big data than ever before. Educational institutions reportedly spent over $13 billion on big data in 2020. Expenditures on big data in academia are projected to be worth over $57 billion by 2030. They can only store around 3,000 bytes of data.

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Smart Data Collective

MARCH 17, 2020

The global demand for big data is surging. Is the Booming Big Data Field Right for You? Everyone has heard about Data Science in 2020. Consider Pursuing a Career in Big Data. The big data field is growing rapidly. You may want to consider becoming a data scientist.

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Smart Data Collective

APRIL 10, 2019

While I’m not one to claim that “most businesses are practically drowning” in a sea of data, it’s fair to say that companies wanting a long future had better start taking Big Data seriously. According to Inc.com, around 73 percent of companies have been neglecting their Big Data sets.

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Smart Data Collective

SEPTEMBER 22, 2020

If you’ve never been aware of big data in the firearms industry, you’re in for a treat. Even though the industry has been growing for the last decade, that growth has exploded exponentially in the first half of 2020 alone. The post How to Use Big Data to Cash in on the Firearms Market appeared first on SmartData Collective.

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Smart Data Collective

FEBRUARY 2, 2021

Big Data is more than a trend or a buzzword. In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. Consumers are generating huge amounts of data at a rapid rate, and it is estimated that up to 90% of all data was generated only in the past two years.

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Smart Data Collective

MAY 20, 2019

We’re well past the point of realization that big data and advanced analytics solutions are valuable — just about everyone knows this by now. Big data alone has become a modern staple of nearly every industry from retail to manufacturing, and for good reason. Machine Learning Experience is a Must.

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Smart Data Collective

JUNE 11, 2021

Big data has a number of important roles in businesses around the world. Savvy companies need to appreciate all of the advantages big data provides. Remittance is one of the most important areas where big data can utilized. The Growing Role of Big Data in Remittance Businesses.

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Smart Data Collective

AUGUST 31, 2020

A prime example is the growing use of big data for stock future trading. One company that uses big data to forecast stock prices has found that its algorithms outperform similar forecasts by 26%. Big data is changing the tide with stock futures trading. Big data is the key to successful stock future trading.

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Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Patil and other experts argue that big data can help them with this.

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Simplilearn

DECEMBER 3, 2020

LinkedIn manages and utilizes data from over 700 million users worldwide. LinkedIn has learned to use this Big Data repository to power AI, Data Science, and Data Products. Read More.

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Smart Data Collective

APRIL 10, 2020

Fortunately, new big data technology can address all of them. Big data has made creating custom accounting software easier than ever. The post Can AI Slash the Costs of Accounting Errors in 2020? Obviously, there are a number of causes of accounting mistakes. This can help reduce the costs businesses have to face.

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Smart Data Collective

JULY 24, 2019

Big data is often used to make the world safer. We can use big data to develop better predictive analytics tools to identify risks and take the right precautions. One of the best examples is with using big data to protect driver safety. Companies that use big data can create better contingency plans.

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Smart Data Collective

AUGUST 14, 2019

One of the major reasons why people keep coming back to these platforms is the big technology that powers the gaming industry , making their offerings highly enjoyable and secure. CIO reports that big data has helped the gaming industry increase its revenue to $40.6 How Is Big Data Transforming Digital Gaming?

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Smart Data Collective

APRIL 2, 2021

Big data has become a very important for modern businesses. Franchises are among the businesses that have benefited from major breakthroughs in data science. A lot of franchises rely on data technology. Some big data startups even specialize in serving franchises, such as FranConnect.

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Smart Data Collective

MAY 30, 2019

Big data is changing the direction of customer service. They rely on big data to better serve customers. Namee Jani wrote a fascinating article on chatbots and data analytics last year. She said they are the next big thing in business optimization in her article on Towards Data Science.

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