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9 Best Practices for Real-Time Data Management

Dataversity

In the era of digital transformation, data has become the new oil. Businesses increasingly rely on real-time data to make informed decisions, improve customer experiences, and gain a competitive edge. However, managing and handling real-time data can be challenging due to its volume, velocity, and variety.

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Transforming Real-Time Analytics with AI-Powered Digital Twins

Dataversity

Data management professionals face growing challenges in handling the vast amounts of live data generated by live systems, such as transportation networks, power grids, and security infrastructures.

Digital 162
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APIs and Data Sharing: Key Challenges to Address

Dataversity

Realizing the full potential of real-time data sharing among partners in an organization’s ecosystem is a crucial component of digital transformation. For digital businesses to progress quickly, it will take more than just better data management and more insightful analysis.

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Data-Driven Business Applications Businesses Can’t Live Without in 2022

Smart Data Collective

A growing number of companies are discovering new data analytics applications, which can help them streamline many aspects of their operations. Data-driven businesses can develop their own infrastructure and handle all of their data management processes in-house. Four Major Types of Apps for Businesses Using Big Data.

Big Data 241
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Global Hospitals Embark On A Worldwide Medical Data Initiative

Smart Data Collective

One of the biggest developments was the implementation of the Medical Information Mart for Intensive Care , which took data from 50,000 patients dating back to 2001. Big data will have an even more profound impact in the near future. More than 15,000 hospitals around the world collect real-time data on their patients.

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Great Benefits of Leveraging Big Data in Investing

Smart Data Collective

It is essential for value investors, who want to predict their future income or deploy high-frequency strategies, to capture broad, real-time data. However, value investors cannot use broad data to make risk-free decisions since it is not specific enough. You now know understand the different types of big data.

Big Data 284
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New Software Development Initiatives Lead To Second Stage Of Big Data

Smart Data Collective

Relevant, complete, accurate, and meaningful data can help a business gain a competitive edge over its competitors which is the first step towards scaling operations and becoming a market leader. As such, any company looking to stay relevant both now and, in the future, should have data management initiatives right.

Big Data 201