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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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Car and Mobile Companies Use Big Data to Reduce Distracted Driving

Smart Data Collective

The average consumer is unaware of the phenomenal benefits that big data provides. One of the biggest benefits of big data is that it can help improve driver safety. Data analytics technology is becoming more useful when it comes to stopping traffic accidents. Big Data is the Key to Addressing Driver Safety Risks.

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The Hidden Risk of AI and Big Data

KDnuggets

With recent advances in AI being enabled through access to so much “Big Data” and cheap computing power, there is incredible momentum in the field. Can big data really deliver on all this hype, and what can go wrong?

Big Data 107
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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. This is because accurate data about consumer movement can help you know about consumer trends and corresponding market movements. Big Data & Investment Today.

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Big Data Will Become Central to Healthcare Following The Pandemic

Smart Data Collective

Big data analytics has already had a transformative influence across a wide range of sectors, and it’s perhaps no more prevalent than in the world of healthcare. Big data analytics has enabled doctors to access a holistic view of a patient’s health history. Image: Impact ). Smart Glasses & Healthcare Delivery.

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Shocking Ways Big Data Changed the Nature of Business Lending

Smart Data Collective

Lenders are tightening their actuarial criteria and employing data driven decision making capabilities. If a company is looking to borrow money, they need to understand how big data has changed the process. They need to adapt their borrowing strategy to the new big data algorithms to improve their changes of securing a loan.

Big Data 100
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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.