Smart Data Collective

JANUARY 9, 2022

However, despite the benefits big data provides, companies that are using it are in the minority. Only 30% of companies have a well-defined data strategy. An even smaller number of companies have a data strategy that is supported by the company leadership. They will be more likely to invest in it.

Big Data 134

Big Data Data Analytics Advertising Analytics 134

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.

Data-driven 125

Data-driven Optimization Big Data Data Strategy 125

Smart Data Collective

MAY 10, 2022

Data analytics technology is rapidly becoming a more integral part of many company cultures. According to the 2021 State of Data Maturity Report, 32% of companies have formal data strategies. Data analytics serves many different purposes. Data analytics can help them bridge that gap.

Data Analytics 131

Data Analytics Analytics Big Data Data-driven 131

Smart Data Collective

SEPTEMBER 20, 2023

Big data technology has been a huge gamechanger for countless companies in every sector. Around 60% of companies rely heavily on data analytics technology to meet their goals. However, despite, the many benefits of big data technology, many companies still have difficulty implementing it properly.

Data-driven 105

Data-driven IT Big Data Management 105

Cloudera

NOVEMBER 30, 2021

Some organizations have taken this as an opportunity for positive change by moving workloads to the cloud and utilizing enterprise data strategies that are key to their business resiliency. The presence of enterprise data strategies. The extent to which capabilities relating to an Enterprise Data Cloud have been achieved.

Enterprise 73

Enterprise Reporting Data Strategy Strategy 73

Smart Data Collective

MARCH 2, 2023

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. One of the best tactics is to use data mining tools to learn more about customers on social media.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Smart Data Collective

FEBRUARY 20, 2022

One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. If you are running a business that has not yet adapted a data strategy, you should keep reading. You will get a better sense of the reasons that you should make investing in big data a top priority.

Big Data 112

Big Data Management Finance Data-driven 112