Smart Data Collective

MARCH 2, 2023

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 offers many benefits for companies in any economy.

Big Data 82

Big Data Uncertainty Risk Data mining 82

Smart Data Collective

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Only 32% of executives have officially laid out a data strategy to drive their organization. How Can You Use Lean Thinking with Big Data?

Data-driven 124

Data-driven Optimization Big Data Data Strategy 124

Cloudera

MAY 28, 2019

What emerges is the criticality of a data strategy and core data management competency, including both data and model management, to support enterprise ML initiatives. Cloudera customers can start building enterprise AI on their data management competencies today with the Cloudera Data Science Workbench (CDSW).

Data Science 50

Data Science Machine Learning Data Strategy Cost-Benefit 50

Smart Data Collective

DECEMBER 22, 2021

Startups need to take advantage of the latest technology in order to remain competitive. Big data technology is one of the most important forms of technology that new startups must use to gain a competitive edge. The success of your startup might depend on your ability to use big data to your full advantage.

Big Data 136

Big Data Data mining Data-driven Predictive Analytics 136

Smart Data Collective

AUGUST 21, 2019

Big data is changing the future of the retail industry. One study found that the value of big data in this sector was worth $3.45 Big data is especially important in the eCommerce industry, since the market is digital. Big data is going to be even more important for companies selling digital products online.

Big Data 78

Big Data Sales Marketing Predictive Analytics 78