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Deciphering the Pros & Cons of Real-Time Data Streaming

Smart Data Collective

One of the recent developments in digital technology is streaming data in real-time. Data streaming is all about processing and analyzing data that keeps on flowing from a particular source to a destination in almost real-time. Data Streaming Functioning Procedure.

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How Organizations Can Overcome Barriers to Leveraging Real-Time Data

Dataversity

Customers want fast and more personalized experiences at their fingertips, and real-time analytics is a key tool that companies can use to deliver tailored and responsive user experiences […] The post How Organizations Can Overcome Barriers to Leveraging Real-Time Data appeared first on DATAVERSITY.

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IT Hardware Startups Turn to Data Analytics for Market Research

Smart Data Collective

Data analytics technology has been instrumentally valuable for the marketing profession. billion on marketing analytics within the next seven years. One of the biggest ways that data analytics is changing marketing is that it can help with marketing research. Global companies are projected to spend over $9.7

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What You Don’t Know About Real-Time Data Is Killing You

Dataversity

One of the biggest pitfalls companies can run into when establishing or expanding a data science and analytics program is the tendency to purchase the coolest, fastest tools for managing data analytics processes and workflows, without fully considering how the organization will use these tools.

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Data Analytics Will Power a Transformation of Supply Chains in the Post-Pandemic Environment

Dataversity

The post Data Analytics Will Power a Transformation of Supply Chains in the Post-Pandemic Environment appeared first on DATAVERSITY. In a recent report, Deloitte said the pandemic might be “the black swan event that finally forces many companies, and entire industries, to rethink and transform […].

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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

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. They will also use historical and real-time data to identify possible customer challenges.

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How BI Can Help Enterprises Overcome The Effects Of The Pandemic

Smart Data Collective

It’s been almost two years since the COVID-19 pandemic started, and now we have enough information to assume that most enterprises weren’t prepared for the crisis. Although teams had vast amounts of data and powerful analytic tools at their fingertips, the pandemic still caught most organizations off guard.