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Big Data Helps Drive the Future of Virtual Healthcare

Smart Data Collective

Global healthcare companies are projected to spend over $105 billion on big data by 2030. This makes it easier to make more informed diagnoses. Today, many patients utilize telemedicine to have prescriptions renewed, get ready for a visit, examine test results, or get information. A sick child is never easy to monitor.

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Aiding Architecture & Engineering Firms with Data-Driven Learning

Smart Data Collective

More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. They can use data analytics tools to monitor progress and help people learn more easily. The micro-learning courses enable the professionals to grasp most information in an engaging format.

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AI Is Changing the Automotive Industry Forever

Smart Data Collective

billion last year , but it is projected to be worth nearly $20 billion by 2030. AI can also improve transportation by developing driver assist programs, autonomous driving, and driver monitoring. AI can even be used for insurance programs that monitor driver behavior to calculate risks and costs.

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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

billion on financial analytics by 2030. They can also use this information to analyze consumer behavior and create tailored services. Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. Global companies are projected to spend $19.8 Improving Risk Assessment.

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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. The relationship managers get access to relevant information about borrowers, too. Loan approval, as one of the biggest bottlenecks due to inconsistency of information between teams, may increase business risks.

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Using Predictive Analytics to Get the Best Deals on Amazon

Smart Data Collective

Therefore, it should not be a surprise that the market for predictive analytics tools will be worth an estimated $44 billion by 2030. Using a price tracker website or browser plugin is one of the simplest methods to monitor a product’s price on Amazon. While some Amazon price monitors are free, others charge a monthly fee.

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5 Innovative Ways Big Data Is Shaping Cities Of The Future

Smart Data Collective

The report highlighted that , at the present rate of development, there will be 43 megacities by 2030 and New Delhi is set to surpass Tokyo, which is currently the world’s largest city. In an ideal city, citizens are not only satisfied with their standard of living, but also informed on how and where their tax money is spent.

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