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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data technology used to be a luxury for small business owners. It helps companies operate more efficiently, tap larger markets of customers, and solve some of their most complex challenges. In 2023, big data Is no longer a luxury. However, there are even more important benefits of using big data during a bad economy.

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Move From Insight To Impact: Data Strategy & Insights 2020

Srividya Sridharan

And data, analytics, and AI are going to drive this future. These capabilities are becoming more crucial to stay ahead of uncertainty and change and get smarter about every aspect of your business: your customers, your suppliers and partners, your competitors, your employees, your processes, your operations, and your markets.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Tata Consultancy Services experienced its slowest profit growth since 2020 in the December quarter, and Infosys failed to meet its quarterly profit expectations.

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The top 7 FP&A trends for 2023

Jedox

In times of uncertainty and change, technology can drive our ability to adapt quickly. Integrated business planning (IBP) is the next generation of decisive planning, with technology-driven cross-functional collaboration at its core. Integrated business planning creates more meaningful collaboration. Technology is a talent magnet.

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Surviving Radical Disruption with Data Intelligence

erwin

It’s certainly no secret that data has been growing in volume, variety and velocity, and most companies are overwhelmed by managing it, let alone harnessing it to put it to work. quintillion bytes of data every day, and 90% of the world’s data volume has been created in the past two years alone. Where is the data?

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This is the easiest AI strategy decision you’ll ever make

CIO Business Intelligence

But we don’t necessarily see this with AI-driven models, in which the return on scale can continue to climb to previously unheard-of levels. Make decisions that enable—not constrain— scale Even if your organization isn’t yet as “all in” on AI as John Deere, you share the same market context. Whatever you conclude won’t actually matter.

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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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