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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

It helps companies operate more efficiently, tap larger markets of customers, and solve some of their most complex challenges. 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.

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Using Data-Driven Lean Thinking to Optimize Business Processes

Smart Data Collective

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. Monitor Markets for Profitability.

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The Cloudera Enterprise Data Cloud Maturity Report: Uncovering progressive steps towards a hybrid future

Cloudera

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.

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Cloudera Data Science Workbench: where innovation meets security, compliance and scale on the road to industrialized AI

Cloudera

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. By Bethann Noble, Director Product Marketing Machine Learning at Cloudera. Register today!

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Startups Must Take Advantage of Big Data to Gain a Competitive Edge

Smart Data Collective

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. The right data strategy can help your startup become profitable.

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Why Big Data Is Essential To Digital Product Sales

Smart Data Collective

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. Smart marketers will look at ways to utilize it. Big data is going to be even more important for companies selling digital products online.

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How to Choose the Best Analytics Platform, and Empower Business-Driven Analytics

Grooper

Choosing the right analytics solution isn't easy. Successfully navigating the 20,000+ analytics and business intelligence solutions on the market requires a special approach. Read on to learn how data literacy, information as a second language, and insight-driven analytics take digital strategy to a new level.