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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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Why Data-Driven Outsourcing Can Be a Massive Win for Your Business

Smart Data Collective

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. billion outsourcing tasks in 2019.

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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. The benefits of this are threefold: Artificial intelligence-driven robots reduce the need for human workers. Addressing specific health risks facing seniors.

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International Institute for Analytics 2019 Predictions – Some Thoughts

Decision Management Solutions

Bill Franks, Tom Davenport and Bob Morison of the International Institute for Analytics recently published their 2019 Analytics Predictions & Priorities. They had some great predictions and suggested priorities around the ethics of analytics, the value of data and the use of AI in fraud and cybersecurity.

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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. A large portion of this market is driven by investment companies and mutual funds. Big Data & Investment Today.

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Experts Warn AI And Social Engineering Lead To New Digital Scams

Smart Data Collective

A study by Juniper Research estimates that they will cost global companies $2 trillion in 2019! They use a variety of machine learning and predictive analytics models to target new marks and reach them more effectively. Others use AI driven malware tools, such as keyloggers to intercept the passwords of users.