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Predictive Analytics Improves Trading Decisions as Euro Rebounds

Smart Data Collective

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. in 2023, according to the Summer 2022 (interim) Economic Forecast.

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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. Big data technology can significantly improve the company’s pricing strategy.

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NLP Isn’t Enough. Leading Financial Services Companies Are Now Moving to Conversational AI.

CIO Business Intelligence

Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. Similarly, 91% of respondents wanted their chatbots to automate actions based on customer responses, but only 52% said their current technology had that capability. . billion, and for insurance, the savings will approach $1.3

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Generate More Value from Data with AI Services

CIO Business Intelligence

Converge Technology Solutions helps its client generate real value from data by building custom AI solutions with Dell infrastructure. These organizations run massive AI-driven simulations to forecast market conditions and make money when the market moves in a particular direction. AI for Better Decision-Making.

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Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

In business, when a trend is forecast to grow by more than 3000% and generate cost savings of $7.3 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.

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How Data Analytics Is Revolutionizing The Future Of eCommerce In 2020

Smart Data Collective

Data analytics is revolutionizing the future of ecommerce. A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. Experts forecast that ecommerce providers will spend $6.2 trillion by 2023 and constitute 17% of all B2B sales.

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