Remove 2025 Remove Data Collection Remove Forecasting Remove Predictive Analytics
article thumbnail

Fleet Management and Big Data: Points to Consider

Smart Data Collective

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data.

Big Data 143
article thumbnail

10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries.

Big Data 275
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fintech App Development Discover the Benefits of Using AI

Smart Data Collective

Mordor Intelligence predicts that the technology’s value in the industry will grow at a CAGR of 23.17% until 2025. Predictive Analytics. Artificial intelligence works best when paired with real-time data. With financial technology apps, predictive analytics has a number of benefits.

article thumbnail

Top 10 IT & Technology Buzzwords You Won’t Be Able To Avoid In 2020

datapine

An exemplary application of this trend would be Artificial Neural Networks (ANN) – the predictive analytics method of analyzing data. billion by 2025. Such innovations offer the ability to transfer data over a network, creating valuable experiences for both the consumer and the business itself.