Remove Big Data Remove Predictive Analytics Remove Real-time Data
article thumbnail

Predictive Analytics Made Last Summer The Season Of Altcoins

Smart Data Collective

Data analytics has been the basis for the cryptocurrency market for years. In 2018, a study from the University of Bremen in Germany discussed some of the implications of big data for the altcoin industry. They found that predictive analytics algorithms were using social media data to forecast asset prices.

article thumbnail

Great Benefits of Leveraging Big Data in Investing

Smart Data Collective

Implementing big data solutions can help investment managers navigate value investing safely. In this article, we will show you the use of the tools and the top reasons to hire Django developers to help you with big data integration. Main Types of Big Data. That is why it does not provide scalability data.

Big Data 284
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Ways Big Data Is Being Used To Understand COVID-19

Smart Data Collective

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. Predicting Patient Treatment Outcomes.

Big Data 279
article thumbnail

New Software Development Initiatives Lead To Second Stage Of Big Data

Smart Data Collective

The big data market is expected to be worth $189 billion by the end of this year. A number of factors are driving growth in big data. Demand for big data is part of the reason for the growth, but the fact that big data technology is evolving is another. Characteristics of Big Data.

Big Data 201
article thumbnail

How AI Software is Changing the Future of the Automotive Industry

Smart Data Collective

This figure is expected to grow as more companies recognize the potential and decide to increase the resources they dedicate to machine learning and predictive analytics tools. Vehicle data processing allows to increase industry standards and design better solutions for maximum benefits.

article thumbnail

ERP Integration Benefits Data-Savvy eCommerce for Distribution Industry

Smart Data Collective

Few people anticipated that big data would have such a profound impact on the e-commerce sector. Companies in the distribution industry are particularly dependent on data, due to the complicated logistics issues they encounter. ERP Integration is the Newest Trend in E-Commerce for Data-Driven Distribution Businesses.

article thumbnail

6 Data And Analytics Trends To Prepare For In 2020

Smart Data Collective

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.