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3 Huge Ways Big Data Analytics Benefits Businesses

Smart Data Collective

Savvy business owners recognize the importance of investing in big data technology. Companies that utilize big data strategically end up having a strong advantage against their competitors. However, despite the benefits big data provides, companies that are using it are in the minority.

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Fleet Management and Big Data: Points to Consider

Smart Data Collective

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data.

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4 Ways To Grow Your Business With Big Data

Smart Data Collective

Decision making is a big part of running a business, and in today’s world, big data drives that decision making. The power of big data has become more available than ever before. Big data has been highly beneficial to business. Data collection is just a step data-driven approach.

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10 Spectacular Big Data Sources to Streamline Decision-making

Smart Data Collective

The market for big data is surging. The increasing demand for big data is not surprising. We are living at a time when there is heavy reliance on big data, which often comes from online information. Due to the benefits online data provides, you should strive even more to find or share factual information.

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How Big Data Analytics & AI Combined can Boost Performance Immensely

Smart Data Collective

Big data, analytics, and AI all have a relationship with each other. For example, big data analytics leverages AI for enhanced data analysis. In contrast, AI needs a large amount of data to improve the decision-making process. What is the relationship between big data analytics and AI?

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Data Analytics Technology is Positively Disrupting the World of Sports

Smart Data Collective

In recent years, organized sports have been steadily changed by big data. More sports companies are likely to invest in big data in the future. Many people are unaware of the importance of big data or even what it is. This data may overwhelm businesses every day in structured or unstructured forms.

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Big Data Is Rapidly Changing How We Look at Economics

Smart Data Collective

Big data has evolved from a technology buzzword into a real-world solution that helps companies and governments analyze data, extract the meaningful statistics, and apply it into their specific business needs. It’s not just public sector government entities able to enjoy the use of big data, either.