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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

Positive customer experience sits atop the most valuable things critical to the longevity of any business. It helps build brand reputation, enhances a company’s visibility, and encourages customer loyalty, which translates to increased revenues. Big data has led to many important breakthroughs in the Fintech sector.

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Predictive Tourism: The Merger Of Big Data In Travel Industry

Smart Data Collective

Customer Experience. Big data can greatly help in prepping up the overall customer experience for travel and hospitality industry. It helps hotel owners and customer service teams to spot significant trends in terms of customer opinions, learning about their strengths and weaknesses in the process.

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

Smart Data Collective

Companies can then monitor their performance from this platform. The global pandemic saw a paradigm shift in the way customers interact with and use products. Businesses are increasingly using Azure to retrieve information related to consumer behavior. This both enhances the user’s experience and benefits the business.

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Deciphering the Pros & Cons of Real-Time Data Streaming

Smart Data Collective

The stream processing evaluates streaming cross-device information in almost real-time. A company doesn’t encounter any difficulties in monitoring every major and minor aspect of its business because the data stream facilitates it to process data in real or near real-time. Make Informed-Decision Faster.

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Key Reasons Businesses Are Embracing AI

Smart Data Collective

Reactive AI does not store memory; therefore, it cannot rely on past experiences to inform real-time decision-making. On the other hand, limited memory AI consists of machine learning models that can extract knowledge from previously learned facts, information, events, or stored data. Improved Customer Experience.

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AI Is Changing the Automotive Industry Forever

Smart Data Collective

AI can also improve transportation by developing driver assist programs, autonomous driving, and driver monitoring. It can also improve customer service with predictive maintenance and notifications for engine and battery performance. AI can even be used for insurance programs that monitor driver behavior to calculate risks and costs.

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Transforming Business Analysis With Big Data: A Decision-Maker’s Guide

Analysts Corner

It plays a vital role in driving transformation, helping companies make more informed decisions and adapt to ever-evolving challenges and opportunities. By examining the data, the analyst identifies peak sales periods, popular products, and customer demographics.

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