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Data Analytics is Very Valuable for Companies Improving their Cultures

Smart Data Collective

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.

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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 maturity model suggests that those with clear strategies and approaches to transform their technologies are ahead of their competitors.

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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.

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

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.

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

Cloudera

But rather as businesses look to operationalize machine learning capabilities at scale, they’ll turn increasingly to commercial platforms, with connectors to open source , where investments in enterprise features like collaboration, reuse, transparency, model management and data platform integration have been focused.

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What to Look for in a Data-Savvy Fintech Marketing Agency

Smart Data Collective

These companies need to employ detailed data strategies to find the right prospects. Therefore, if you intend to hire a Fintech marketing company, you need to make sure that they use data to their advantage. Find a Fintech Marketing Company that Makes the Most of Big Data.

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

Grooper

They're the insights needed for better decision making, and they start with the business, not with the data. It's not about the technology - or solving the data silo problem. Business Focus is Required for Success with Transformative Analytics Technologies. Increasing data literacy is the answer.