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Impressive Ways that AI Improves Business Analytics Insights

Smart Data Collective

trillion on AI by 2030 ? With the growth of business data, it is no longer surprising that AI has penetrated data analytics and business insight tools. In addition, several enterprises are using AI-enabled programs to get business analytics insights from volumes of complex data coming from various sources.

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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. billion by 2030. which are virtual models of objects, systems, or processes ? and artificial intelligence (AI) and machine learning (ML) technologies. .

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A Golden Era of HPC in Government Meets Accelerating Demands

CIO Business Intelligence

billion by 2030. federal government, HPC is being used to accelerate basic science, develop therapeutics and other treatments for COVID-19, perform military applications such as simulations, handle climate and weather modeling, and a myriad of other tasks in diverse agencies. . Big data analytics is being used to uncover crimes.

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5 Huge Benefits of Financial Analytics for Your Business

Smart Data Collective

Data analytics technology has become a pillar in modern business. A growing number of companies are utilizing data analytics to improve their operating strategies. One of the most important functions that data analytics is helping with is finance. Are youu wondering how your company can benefit from financial analytics ?

Analytics 106
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Fleet Management Firms Use Data Analytics for Optimal Customer Service

Smart Data Collective

More companies than ever are investing in customer service analytics. The customer service analytics market is projected to be worth $46.6 billion by 2030. Data analytics can help with everything from improving driver safety to boosting route efficiency. The fleet management industry is no exception.

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Data Analytics Helps Hedge Funds Improve Customer ROIs

Smart Data Collective

The market for financial analytics was worth $8.2 billion in 2021 and is expected to be worth over $19 billion in 2030. According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. Countless industry have been shaped by big data.

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The Technology Enabling Successful Hybrid Workforce Transformation

CIO Business Intelligence

What was once an anomaly is now a global reality as remote and hybrid work models settle in across industries. To adapt to this new “new normal,” organizations will need to reinforce their workforces with technologies that can keep pace. 2] In this arena, desktop virtualization and cloud technologies will play starring roles.