Smart Data Collective

JUNE 8, 2023

We have talked extensively about the many industries that have been impacted by big data. many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. However, many other industries have also been affected by advances in big data technology.

Data Analytics 83

Data Analytics Analytics Data Collection Statistics 83

Smart Data Collective

MARCH 28, 2021

Here are some of the most important reasons that big data has changed the profession. Many people believe that the biggest benefit of using big data, machine learning and other novel technologies in the contracting profession is that it can help improve the quality of designs. Improving project management.

Big Data 86

Big Data Technology Cost-Benefit Analytics Technologies 86

Smart Data Collective

OCTOBER 19, 2021

Data analytics has become a major gamechanger for the cryptocurrency industry. Traders and miners have discovered a number of advantages of using big data and AI tools to improve their profitability. One of the newest applications of data analytics in cryptocurrency mining is with yield farming.

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Smart Data Collective

MAY 3, 2022

Data analytics technology is helping businesses boost profitability in many ways. A few years ago, Walter Baker and his colleagues at McKinsey reported that one of the biggest advantages of big data in business is that it can help with pricing decisions. How Can Data Analytics Help with Creating a Pricing Strategy?

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Smart Data Collective

FEBRUARY 10, 2020

Technology was more readily available than ever, but big data was not a thing yet. Students were not using big data to assist with their learning goals. Today, big data is vital to the learning process. A number of companies have been built solely to create big data platforms for students.

Big Data 101

Big Data Technology Software Cost-Benefit 101

CIO Business Intelligence

APRIL 4, 2022

Their legacy databases could not analyze the volumes of data fast enough to block fraudulent activities without negatively impacting their responsiveness. . Deep link analytics combined with real-time analysis and machine learning provide a robust platform for detecting and preventing fraud.

Technology 52

Technology Deep Learning Cost-Benefit Data Quality 52

Smart Data Collective

DECEMBER 9, 2020

One of the biggest changes to come from new advances in data analytics is an improvement in product development. We mentioned that insights made with big data can be important for developing digital products , but they can also be useful for creating physical products, too. It can help create incredibly valuable products.

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Smart Data Collective

MAY 13, 2022

With the growth of business data, it is no longer surprising that AI has penetrated data analytics and business insight tools. Business insight and data analytics landscape. Artificial intelligence and allied technologies make business insight tools and data analytics software more efficient.

Business Analytics 135

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Smart Data Collective

JANUARY 26, 2022

Legal analytics is an evolving discipline that is changing the future of the legal profession. Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? Last year, we published an article on the ways that big law and big data are intersecting.

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Data Analytics Analytics Predictive Analytics Insurance 73

CIO Business Intelligence

APRIL 25, 2022

Enterprises are betting big on machine learning (ML). According to IDC , 85% of the world’s largest organizations will be using artificial intelligence (AI) — including machine learning (ML), natural language processing (NLP) and pattern recognition — by 2026. Intel® Technologies Move Analytics Forward.

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CIO Business Intelligence

MARCH 9, 2022

Organizations are increasingly trying to grow revenue by mining their data to quickly show insights and provide value. In the past, one option was to use open-source data analytics platforms to analyze data using on-premises infrastructure. Cloudera and Dell Technologies for More Data Insights.

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Smart Data Collective

AUGUST 17, 2021

Data analytics technology can help bolster efficiency in all of these regards. In many cases, cloud software solutions with sophisticated data analytics capabilities are perfect to improve your staff productivity and efficiency. Using Data Analytics to Improve Workflow Management. Make a Plan.

Data-driven 121

Data-driven Optimization Enterprise Cost-Benefit 121

Smart Data Collective

NOVEMBER 11, 2021

One of the reasons that we focus on these sectors is that there is so much data on consumers, which makes it easier to create a solid business model with big data. However, data analytics technology can be just as useful with regards to creating a successful B2B business. Businesses spent almost $21.5

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Smart Data Collective

JULY 12, 2021

The financial analytics market was worth an estimated $6.7 Big data technology keeps reshaping the business landscape and companies have started realizing the importance of using data and analytics in their decision-making processes. Stock trading is an area where data and analytics are now more critical.

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Smart Data Collective

OCTOBER 21, 2021

It should be no surprise that the video gaming industry has been heavily influenced by developments in data technology. There are a number of potential opportunities to utilize big data in video games. Data Technology is Invaluable for Optimizing the User Experience of Video Game Players.

Big Data 131

Big Data Testing Advertising Cost-Benefit 131

Smart Data Collective

NOVEMBER 13, 2020

Artificial intelligence and data analytics are two of the fasting-growing forms of technology for saving money in the world of business. With that in mind, proper data management in the nonprofit space , as well as the use of artificial intelligence to streamline communication and organizational practices, can be invaluable.

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Smart Data Collective

JANUARY 6, 2022

AI technology has been a double-edged sword for the cybersecurity sector. On the one hand, it offers robust protection against data breaches , malware and other online security threats. AI technology has led to a new generation of password cracker tools. AI technology has made passwordless technology possible in recent years.

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CIO Business Intelligence

APRIL 11, 2022

More cities than ever before are investing in smart city technology and changing how cities operate. It gives the city more information and data to help drive decision making leading to tremendous benefits that positively influence the lives of everyone who lives, works, and visits, such as: . Doral is already preparing a Smart City 2.0

IoT 145

IoT Measurement Cost-Benefit Deep Learning 145

CIO Business Intelligence

JUNE 1, 2022

Racing car design innovation and racing strategy are now dominated by what McLaren engineers call condition-based insights derived from real-time data feeds from hundreds of sensors in cars and the use of digital twins ? and artificial intelligence (AI) and machine learning (ML) technologies. . IT Leadership

Manufacturing 114

Manufacturing Digital Transformation Predictive Analytics Strategy 114

CIO Business Intelligence

JUNE 21, 2022

They include the Intelligence Advanced Research Projects Activity (IARPA) and the National Institute of Standards and Technology (NIST) that handle scientific and engineering research using artificial intelligence, quantum computing, and synthetic biology. Big data analytics is being used to uncover crimes.

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Deep Learning Big Data ROI Software 107

CIO Business Intelligence

MARCH 14, 2022

It is also the foundation of predictive analysis, artificial intelligence (AI), and machine learning (ML). Real-time Data Scaling Challenges. Several factors make such scaling difficult: Massive Data Growth: Global data creation is projected to exceed 180 zettabytes by 2025. Real-World Results for Real-time Data.

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Smart Data Collective

JANUARY 14, 2021

Machine learning has drastically changed the direction of the financial industry. In 2019, Forbes published an article showing that machine learning can increase productivity of the financial services industry by $140 billion. The best stock analysis software relies heavily on new machine learning algorithms.

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Predictive Analytics Forecasting Analytics Machine Learning 82

CIO Business Intelligence

JUNE 7, 2022

But only in recent years, with the growth of the web, cloud computing, hyperscale data centers, machine learning, neural networks, deep learning, and powerful servers with blazing fast processors, has it been possible for NLP algorithms to thrive in business environments. Intel® Technologies Move Analytics Forward.

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Unstructured Data Deep Learning Insurance Interactive 96

CIO Business Intelligence

APRIL 6, 2022

By giving leadership at all levels more timely access to critical data about business operations, businesses can see more of their options, make and automate better decisions, and further improve efficiency to drive higher customer satisfaction and profitability. Intel® Technologies Move Analytics Forward.

Data mining 72

Data mining Deep Learning Insurance Digital Transformation 72

CIO Business Intelligence

JANUARY 4, 2023

Fortunately, the HPC community is both collaborative and transparent in our work to apply and advance supercomputing technologies. Recently members of our community came together for a roundtable discussion, hosted by Dell Technologies, about trends, trials, and all the excitement around what’s next. And in HPC, community is important.

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Smart Data Collective

AUGUST 26, 2021

Data analytics technology is one of the biggest reasons that things are changing faster than ever. This is one of the areas that has been fundamentally transformed by new advances in data analytics technology. Understanding the Shift Caused by Data Analytics in Digital Lending.

Data-driven 69

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Smart Data Collective

AUGUST 22, 2021

Data analytics has been very important for the FDA. They have used big data in many of their regulatory approaches. Big data has been instrumental in the software development process. The FDA has used data analytics technology to streamline their process and drastically reduce the risk of missing anything pertinent.

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Smart Data Collective

JANUARY 14, 2021

Big data technology is becoming extremely important for project management in 2021. A growing number of companies are finding new ways to use data-driven tools to streamline various aspects of their projects, including editing workflows. We talked before about editing data science workflows. And this is what you want.

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Data-driven Big Data Machine Learning Technology 70

Smart Data Collective

JUNE 18, 2021

Machine learning technology has been instrumental to the future of the criminal justice system. We have previously talked about the role of predictive analytics in helping solve crimes. However, big data has also led to some concerns with racial profiling and other biases.

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Predictive Analytics Forecasting Analytics Big Data 68

Smart Data Collective

MARCH 30, 2022

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.

Analytics 116

Analytics Cost-Benefit Testing Dashboards 116

Smart Data Collective

MARCH 5, 2022

Here are some reasons that data scientists will have a strong edge over their competitors after starting a dropshipping business: Data scientists understand how to use predictive analytics technology to forecast trends. Data scientists know how to leverage AI technology to automate certain tasks.

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Data mining Big Data Data-driven Data Science 134

CIO Business Intelligence

JUNE 1, 2022

On the topic of advances in storage, Dell Technologies recently announced updates to its storage portfolio , including the fastest-ramping architecture in the company’s 38-year history. Intel® Technologies Move Analytics Forward. Just starting out with analytics? Dell Unveils Storage Advancements.

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CIO Business Intelligence

APRIL 11, 2022

Using artificial intelligence (AI) and machine learning, more than 1.9 HPC is also the foundation for evolving AI technologies. The more use cases AI must accommodate, the more data is involved and the more complex the data pipeline can become. Intel® Technologies Move Analytics Forward.

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Deep Learning Strategy Risk Data Quality 59

Cloudera

MARCH 16, 2022

The study shows that those companies who are ready to accelerate their AI/ML/Data Analytics strategy now in support of doing good for their company and community have a significant advantage over laggards. Eight in ten knowledge workers (80%) say they feel comfortable taking on a new job role due to AI/ML/Data Analytics job roles.

Data-driven 90

Data-driven Consulting Data Analytics Technology 90

Smart Data Collective

MARCH 14, 2022

Data analytics technology is becoming a more important aspect of business models in all industries. They need to leverage analytics strategically to maximize their revenue. Data Analytics is an Invaluable Part of SaaS Revenue Optimization. SaaS companies are no exception.

Modeling 100

Modeling Analytics Sales Key Performance Indicator 100

Smart Data Collective

FEBRUARY 9, 2022

Learn how DirectX visualization can improve your study and assessment of different trading instruments for maximum productivity and profitability. Analytics technology has become an invaluable aspect of modern financial trading. This is possible one of the best reasons to use the data analytics features provided by DirectX.

Visualization 133

Visualization Optimization Analytics Testing 133

CIO Business Intelligence

MAY 16, 2022

Computer vision is helping to turn the industry around by using technology that appeals to fans and builds enhanced operational processes, leading to higher revenues and improved safety and security. It all boils down to using data efficiently. Join Dell Technologies and NTT at Fancentric. Just starting out with analytics?

Recreation/Entertainment 94

Recreation/Entertainment Broadcasting Cost-Benefit Advertising 94