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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy.

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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt). So what? (2)

Strategy 289
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insightsoftware Launches Angles Professional for Oracle to Automate Recurring Operational Reports at the Gartner Data & Analytics Summit 2023

Jet Global

This data is gleaned from a report from insightsoftware and Hanover Research: The Operational Reporting Global Trends Report. The issues finance and operations teams face are twofold: the nature and increasing demands for operational data and analytics, and the fact that tools on hand are not optimized to handle the data or analysis.

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Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48 degrees Celsius (2.66 degrees Fahrenheit) warmer than 19th century pre-industrial levels.

Modeling 122
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Why CIOs should invest in digital through economic headwinds

CIO Business Intelligence

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Digitally reduce energy usage: Gartner believes that CIOs should use cloud, data and analytics to establish a “base load” – an overview of how much energy the organisation has consumed.

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20 issues shaping generative AI strategies today

CIO Business Intelligence

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode.

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12 Cloud Computing Risks & Challenges Businesses Are Facing In These Days

datapine

It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237