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Data-Driven Companies Leverage OCR for Optimal Data Quality

Smart Data Collective

Every company deals with a certain number of documents on a daily basis: invoices, receipts, logistics, or HR documents… You have to keep these documents, extract the useful information for your business, and then integrate them manually into your database. It’s long, redundant, and particularly frustrating.

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

Analysts Corner

The process of prescriptive analysis [own elaboration] As an example, a logistics company uses prescriptive analytics to optimize delivery routes. By analyzing data on delivery locations, traffic patterns, and fuel consumption, the business analyst develops a model that prescribes the most efficient routes for delivery trucks.

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Intelligent document processing (IDP) in logistics and transportation

Astera

Take logistics and transportation, for example, where companies process hundreds of thousands of documents daily to keep the goods in motion and the supply chain functional. So, what are logistics companies doing to handle such a vast number of documents? And that brings us to the document processing challenges in the logistics sector.

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Data Logistics Mandates: Devising a Plan to Ensure Long-Term Data Access

Dataversity

times, according to a […] The post Data Logistics Mandates: Devising a Plan to Ensure Long-Term Data Access appeared first on DATAVERSITY. One million companies globally use 365 and create 1.6 billion documents each day on the platform and in the next two years, that is expected to grow by 4.4

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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025. This growth means that you should prepare to handle even larger internal and external data soon.

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How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 Or that the US economy loses up to $3 trillion per year due to poor data quality? quintillion bytes of data which means an average person generates over 1.5 megabytes of data every second?

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Pioneering AI Frontier: Integrated Knowledge Bases

Analysts Corner

Commercial : Customer Relationship Management (CRM) systems that integrate customer data and preferences to identify greater business opportunities in personalized campaigns and actions. Management : monitoring transactional data from business operations to generate indicators at various levels. Some kind of digital surveillance.