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Will Data Analytics Help Mercedes Meet 2030 Carbon Reduction Targets?

Smart Data Collective

The automotive industry has been far more reliant on big data than most other sectors in recent years. A growing number of major automobile manufacturers have started using data analytics and AI to improve production. There have been a number of clear advantages of using big data to manufacture automobiles.

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Big Data Leads to the Possibility of a Cashless Society

Smart Data Collective

The financial sector is among the industries most affected by developments in big data. A study by Allied Market Research has found that the market for financial analytics services will be worth nearly $20 billion by 2030. Big Data Change the Future of Payment Processing for Small Businesses.

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26 Interesting Statistics around Big Data, Data Science, and Analytics Market, Jobs, and Salaries

Analysts Corner

LinkedIn’s emerging jobs report states that data science has emerged as the fastest-growing job requirement world-wide, with more than 650% growth since 2012. According to a 2021 report by the World Economic Forum, data science was identified as the skill with the largest skill gap. billion in 2023. billion ( Source: KR Elixir).

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Green Data Centers Make Data-Driven Entities More Sustainable

Smart Data Collective

The proliferation of big data has had a huge impact on modern businesses. We have a post on some of the industries that have been most affected by big data. Of course, there are some reasons big data can help make our communities more sustainable. from 2021 to 2027.

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AI-Based Banking Loan Software Will Become Norm In 2022

Smart Data Collective

However, the market for AI in banking is expected to grow over 30% a year and will be worth over $64 billion by 2030. Growing trust in online and mobile banking due to meeting customers’ resource-saving expectations was the driving force behind digital lending growth in 2020-2021. They currently spend just under $4 billion in 2020.

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Blockchain ETFs Offer Awesome New Crypto Investment Opportunities

Smart Data Collective

It is projected to be worth nearly $5 billion by 2030. The April 2021 public listing of cryptocurrency exchange Coinbase on the Nasdaq Stock Market is one major example of investing in blockchain technology through a company’s stock. The global cryptocurrency market is growing rapidly.

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Data Analytics Helps Hedge Funds Improve Customer ROIs

Smart Data Collective

Big data is the most important business trend of the 21st century. The usage, volume, and types of data have increased significantly. In fact, big data keeps gaining momentum. We mentioned that data analytics is vital to marketing , but it is affecting many other industries as well.