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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

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.

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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. And the chatbot would be able to understand what you were asking, run analytics on your purchases, and give you a total. Intel® Technologies Move Analytics Forward. Just starting out with analytics?

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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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Predictive Analytics Improves Trading Decisions as Euro Rebounds

Smart Data Collective

Predictive analytics technology has become essential for traders looking to find the best investing opportunities. Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. percent in 2023. percent in 2023.

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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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Generate More Value from Data with AI Services

CIO Business Intelligence

These organizations run massive AI-driven simulations to forecast market conditions and make money when the market moves in a particular direction. Graph analytics can be used to analyze thousands of data sources with up to billions of elements to make more rapid and more accurate decisions. Intel® Technologies Move Analytics Forward.