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Ways Data Analytics Helps Business Owners Resolve Financial Issues

Smart Data Collective

Data analytics has arguably become the biggest gamechanger in the field of finance. Many large financial institutions are starting to appreciate the many advantages that big data technology has brought. Markets and Markets estimates that the financial analytics market will be worth $11.4 billion in the next two years.

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy. Big data offers many benefits for companies in any economy. Some of these benefits include the following.

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Businesses Across Various Industry Verticals Use Data Analytics

Smart Data Collective

Big data and analytics technology is rapidly changing the future of modern business. Over 67% of companies spend over $10,000 a year on analytics solutions. Investments in analytics are being made across all major industries. Are your technology solutions difficult to understand? Bottom line.

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Big Data Offers New Solutions for Disaster Mitigation Planning

Smart Data Collective

Marketing and finance are two of the functions that are most dependent on big data. However, there are other benefits of big data that are just as important but receive far less publicity. Disaster planning is one of the areas that can benefit from big data solutions. Predictive analytics technology is helpful for both.

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8 Steps to Leveraging Analytics to Create Successful Ecommerce Stores

Smart Data Collective

Analytics technology is taking the ecommerce industry by storm. Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are.

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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

Predictive analytics can foretell a breakdown before it happens. Existing digital twin models can look at what’s happening in real-time and predictive analytics can help understand future potential benefits or pitfalls with designs and strategies. . Intel® Technologies Move Analytics Forward.

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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. Predictive Analytics Helps Traders Deal with Market Uncertainty.