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Key Data Trends And Forecasts In The Energy Sector

Smart Data Collective

According to a new study called Global Big Data Analytics in the Energy Sector Market, provides a comprehensive look at the industry. Using Data to Understand the Future. Corporations need data to forecast the market’s future and the recent drop in the price of fossil fuels have invigorated alternative energy projects globally.

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Big Data Is Already A Thing Of The Past: Welcome To Big Data AI

Smart Data Collective

Not long ago, big data was one of the most talked about tech trends , as was artificial intelligence (AI). But, in case people need a reminder of how fast technology evolves , they only need to consider something newer — big data AI. So, big data AI can both compile information and respond to it.

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Will Predictive Analytics Help Forecast Profitable IPOs for Stock Traders?

Smart Data Collective

In 2019, Forbes published an article showing that machine learning can increase productivity of the financial services industry by $140 billion. A lot of experts have talked about the benefits of using predictive analytics technology to forecast the future prices of various financial assets , especially stocks.

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Here’s How Big Data And Business Card Marketing Go Together

Smart Data Collective

They believe that advances in big data have made business cards, brochures and direct mail marketing obsolete. We showed that marketers are actually using big data to improve the performance of their direct mail marketing campaigns. We can draw a similar conclusion about the relevance of business cards in 2019.

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The Double-Edged Sword Of Big Data In The Criminal Justice System

Smart Data Collective

Big data is rewriting the playbook for the criminal justice system. Oxford Research Encyclopedias has talked about some of the ways that criminal justice professionals are utilizing big data. Two significant applications really stand out the most: Big data is used extensively in criminal justice research.

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How Big Data Makes Us Rethink The Design Of Magnetic Devices

Smart Data Collective

One of the most fascinating things about big data is its ability to optimize the design of products that have pre-dated digital technology by centuries. Improvements were needed for imaging and data storage. Fujitsu has recently started embracing the benefits of big data. Magnets are ancient devices.

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How the BMW Group analyses semiconductor demand with AWS Glue

AWS Big Data

The main requirement is to have an automated, transparent, and long-term semiconductor demand forecast. Additionally, this forecasting system needs to provide data enrichment steps including byproducts, serve as the master data around the semiconductor management, and enable further use cases at the BMW Group.