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5 Ingenious Ways To Use Big Data For Customer Engagement

Smart Data Collective

Every business should look for ways to monetize big data and use it to optimize your business model. The number of companies using big data is growing at an accelerated rate. One poll found that 53% of businesses were using big data analytics in 2017. However, companies need to use big data wisely.

Big Data 115
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Transforming Credit and Collection with Predictive Analytics

BizAcuity

According to a Federal Bank report, more than $600 billion of household debt in the U.S. is delinquent as of June 30th, 2017. Using algorithms, AI is now able to store data before making a prediction about something – such as when a debtor is likely to pay. Out of which, $400 billion is delinquent for more than 90 days.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

The development of business intelligence to analyze and extract value from the countless sources of data that we gather at a high scale, brought alongside a bunch of errors and low-quality reports: the disparity of data sources and data types added some more complexity to the data integration process.