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. Companies which require immediate business funding are using data analytics tools to research and better understand their options.

Big Data 81

Big Data Uncertainty Risk Data mining 81

CIO Business Intelligence

MARCH 14, 2022

Several factors make such scaling difficult: Massive Data Growth: Global data creation is projected to exceed 180 zettabytes by 2025. Increased Digitization: Digitally transformed organizations are projected to contribute more than half of the global gross domestic product (GDP) by 2023. Just starting out with analytics?

Data Processing 110

Data Processing Optimization Deep Learning Software 110

CIO Business Intelligence

JUNE 7, 2022

Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research. Intel® Technologies Move Analytics Forward. Just starting out with analytics? IT Leadership

Unstructured Data 84

Unstructured Data Deep Learning Insurance Interactive 84

CIO Business Intelligence

JANUARY 20, 2023

While more than half of C-suite executives agree on the need to reimagine workforce models, only a quarter feel their organizations are ready to address the evolving environment, according to Deloitte’s 2023 Global Human Capital Trends report. [2] 2] In this arena, desktop virtualization and cloud technologies will play starring roles.

Technology 57

Technology Cost-Benefit Deep Learning Modeling 57

Smart Data Collective

JULY 31, 2022

Modern investors have a difficult time retaining a competitive edge without having the latest technology at their fingertips. Predictive analytics technology has become essential for traders looking to find the best investing opportunities. Traders will have to use it to manage their risks by making more informed decisions.

Predictive Analytics 134

Predictive Analytics Analytics Uncertainty Forecasting 134

CIO Business Intelligence

APRIL 1, 2022

Consider that it may be easier to make one big decision well, rather than hundreds of smaller decisions that each have different payouts and risks. For example, buying stock in one company involves determining which stock will provide the best results, balanced with risk. Graph analytics is one of the fastest growing markets in AI.

Data-driven 79

Data-driven Deep Learning Risk Optimization 79

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.

IT 54

IT Analytics Cost-Benefit Predictive Analytics 54