2023 Analytics Technologies Cost-Benefit Data mining 
Smart Data Collective
MARCH 2, 2023
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. However, there are even more important benefits of using big data during a bad economy. Some of these benefits include the following.
IBM Big Data Hub
JULY 24, 2023
For example, 99% of organizations surveyed by McKinsey said they have pursued a large-scale technology transformation since 2020. 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. billion business.
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