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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. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Some of these benefits include the following.

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The Wide World of Data: Enter the Datasphere

Sisense

Data’s more influential than ever, but just how much data is there? In The Wide World of Data , we dig into astonishing facts and trends about the size and growth of the datasphere, how data is being used, and how it truly makes up the entire world around us. But just how significant is the data revolution, really?

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What is IT operations analytics?

IBM Big Data Hub

And yet, CIOs say their executives believe 59% of digital initiatives take too long to complete and 52% take too long to realize value, according to a 2023 Gartner survey. ITOA turns operational data into real-time insights. It aims to understand what’s happening within a system by studying external data.

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The Reason Many AI and Analytics Projects Fail—and How to Make Sure Yours Doesn’t

CIO Business Intelligence

Topping the list of executive priorities for 2023—a year heralded by escalating economic woes and climate risks—is the need for data driven insights to propel efficiency, resiliency, and other key initiatives. Many companies have been experimenting with advanced analytics and artificial intelligence (AI) to fill this need.

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