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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

It helps companies operate more efficiently, tap larger markets of customers, and solve some of their most complex challenges. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Big data technology used to be a luxury for small business owners.

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IRM 2021: The Year of Uncertainty and Change

John Wheeler

No doubt, 2021 will be the year of uncertainty and change. As it turns out, uncertainty and change are the two primary aspects of strategic, operational and technology risk fueling the current demand for integrated risk management (IRM). A focus on performance and assurance helps to reduce uncertainty related to strategic goals.

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Move From Insight To Impact: Data Strategy & Insights 2020

Srividya Sridharan

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. And data, analytics, and AI are going to drive this future.

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How to Use Big Data to Cash in on the Firearms Market

Smart Data Collective

Even though the industry has been growing for the last decade, that growth has exploded exponentially in the first half of 2020 alone. The scarcity of guns and ammunition heralds a promising future market. Likewise, when a national crisis emerges, people rush to buy firearms and ammunition out of fear, uncertainty, and preparedness.

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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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IBM to acquire Octo to boost its US government business

CIO Business Intelligence

The deal, which is expected to close in the fourth quarter of this year, will see Octo’s 1,500 employees join IBM Consulting’s US public and federal market organization, taking its total staff count to 4,200 employees. Its consulting business alone has acquired 13 companies to boost its offerings.

IT 98
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Macroeconomic jitters further slow AWS growth in Q3

CIO Business Intelligence

Just like all companies, they want to lower their spend when they’re faced with uncertainty in the market,” Olsavsky said while responding to a question on customer behavior. share of the market against 40.8% dominance in 2020, Gartner said. Microsoft increased its market share by 1.4% share of the market.