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Interesting statistics around big data, data analysis, and usage

Analysts Corner

Data Analysis (Image created using photo and elements in Canva) Evolution of data and big data Until the advent of computers, limited facts were collected and documented, given the cost and scarcity of resources and effort to capture, store, and maintain them. B y 2025 , t he world will produce slightly over 180 zettabytes of data.

Big Data 130
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Advanced Data Analytics for the Smart Retailers

BizAcuity

Their seamless digital transformation included having to change the way they operated their stores. Walmart along with IBM are experimenting with Blockchain, surveying pilot projects aimed towards the goal of 100% visibility of their supply chain. The new wave of retail experience: the omnichannel boom.

Retail 147
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How The Cloud Made ‘Data-Driven Culture’ Possible | Part 2: Cloud Adoption

BizAcuity

Cloud is now the backbone of digital transformation. They drive business growth in 2022 thanks to its heightened capabilities. Quick recap from the previous blog- The cloud is better than on-premises solutions for the following reasons: Cost cutting: Renting and sharing resources instead of building on your own.

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Moving to the cloud? Choose cloud service providers wisely

Analysts Corner

Is it because of cost-saving and pursuit of flexibility? Or is this due to the pressing need for digital transformation triggered by the pandemic? At the same time, the overall end-user spending is expected to grow 20% in 2022 alone, which translates into $495 billion. It’s been around for a couple of decades now.

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Health Data Management | Challenges and Best Practices

Astera

Source: Precedence Research The increased volumes of information, varying in type and velocity, present immense potential to derive value from this information and aid the digital transformation of the healthcare industry. Reduced costs The national health expenditures for the US healthcare system totaled $4.1

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How AI Can Help FP&A Teams Achieve Greater Accuracy with Fewer Resources

Insight Software

Since the launch of ChatGPT in late 2022, the professional world has been abuzz with reactions to this game-changing technology. Additionally, AI can be expensive to implement and using it to its full potential may require specialized training. Manage new forms, dimensions, and users, without requiring technical expertise.

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Streamline Your Financial Reporting with Jet

Insight Software

It started with COVID, as the pandemic and its fallout transformed the Finance function, necessitating faster and more accurate forecasting and reporting to inform rapid decision-making. Jet Reports enables you to refresh reports at any time, and it’s easy to drill down to the individual transactions when more detail is needed.