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Big Data: The Technology Behind Retailers Success

Smart Data Collective

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Big data in retail help companies understand their customers better and provide them with more personalized offers. Big data is a not new concept, and it has been around for a while.

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How Big Data is Changing the World of Investing

Smart Data Collective

Last year, in an article that talked about the impact big data has on finance, we said that location data sets can make investing easier. Companies spent nearly $11 billion on financial analytics in 2020. Today, we are going to look at the potential influence big data has on personal finance in detail.

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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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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 Up-And-Coming Music Companies Use Big Data For Optimal Results

Smart Data Collective

Big data has brought major changes to countless industries. Healthcare, finance, criminal justice, and manufacturing have all been touched by advances in big data. However, big data is also transforming other industries. The music industry is relying more on big data than ever.

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Big Data Makes Black Hat Hackers More Terrifying Than Ever

Smart Data Collective

Big data is the lynchpin of new advances in cybersecurity. Unfortunately, predictive analytics and machine learning technology is a double-edged sword for cybersecurity. Datanami has talked about the ways that hackers use big data to coordinate attacks. Phishing-as-a-Service on the rise, due to big data.

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AI Is Reaching New Milestones In Senior Care In 2019

Smart Data Collective

Big data and artificial intelligence technology is going to play an extremely important role in the near future in the future of senior care. Addressing specific health risks facing seniors. Seniors face a growing number of health risks as they get older. The senior care industry is undergoing a massive transformation.