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Big Data: The Technology Behind Retailers Success

Smart Data Collective

During the beginning of the pandemic, many businesses went digital, and the retail industry is no exception. Big data in retail help companies understand their customers better and provide them with more personalized offers. Key advantages of big data in retail. 4 real-life examples of retailers leveraging big data.

Retail 326
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6 Data And Analytics Trends To Prepare For In 2020

Smart Data Collective

Big data alone has become a modern staple of nearly every industry from retail to manufacturing, and for good reason. IDC predicts that if our digital universe or total data content were represented by tablets, then by 2020 they would stretch all the way to the moon over six times. What will our digital future look like?

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4 Industries Benefiting from Data-Driven Mobile App Development

Smart Data Collective

According to the most recent App Annie report, there was a 26% rise in app downloads in 2020, as well as an increase in the amount of time consumers spent using mobile applications. The influence of mobile browsing on offline retail sales is increasing year to year, and is expected to reach more than $1 trillion in 2021. (2).

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The Surprising Benefits of Data Analytics for Furniture Stores

Smart Data Collective

One study from March 2020 showed that 67% of small businesses spend over $10,000 a year on data analytics. Many businesses have since invested even more in their data analytics infrastructure, since they have relied more heavily on digital technology in a post-pandemic world. Of course, this statistic predates the pandemic.

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Big Data Partnerships Drive Growth in the Global Remittance Market

Smart Data Collective

With so many consumers around the world using money transfer services, the global digital remittance market has experienced unprecedented rates of growth over the last few years. Recent revenue reports from its website show its digital partners increased more than 38% in 2020 from 2019.

Big Data 236
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Azure Cloud Is Transforming the Way We Run Our Businesses in 2021

Smart Data Collective

For instance, Azure Digital Twins allows companies to create digital models of environments. It is an Internet of Things (IoT) platform that promotes the creation of a digital representation of real places, people, things, and business processes. Every part of that industrial installation is stored in a digital twin.

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How Will The Cloud Impact Data Warehousing Technologies?

Smart Data Collective

sThe recent years have seen a tremendous surge in data generation levels , characterized by the dramatic digital transformation occurring in myriad enterprises across the industrial landscape. In fact, studies by the Gigabit Magazine depict that the amount of data generated in 2020 will be over 25 times greater than it was 10 years ago.