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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data technology used to be a luxury for small business owners. 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. Patil and other experts argue that big data can help them with this.

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Data Mining Use Cases

TDAN

Given that the global big data market is forecast to be valued at $103 billion in 2027, it’s worth noticing. As the amount of data generated […]. “Information is the oil of the 21st century, and analytics is the combustion engine,” says Peter Sondergaard, former Global Head of Research at Gartner. And he has a point.

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How Data Cleansing Helps Predictive Modeling Efforts

TDAN

If you are planning on using predictive algorithms, such as machine learning or data mining, in your business, then you should be aware that the amount of data collected can grow exponentially over time.

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Top 10 Metadata Management Influencers, Sites, and Blogs You Must Follow in 2021

Octopai

Donna Burbank is a Data Management Consultant and acts as the Managing Director at Global Data Strategy, Ltd. Her Twitter page is filled with interesting articles, webinars, reports, and current news surrounding data management. TDAN stands for The Data Administration Newsletter. IRM UK Connects. Dataconomy.

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The Growing Importance of Customer Data Mining for SMEs

Smart Data Collective

Big data is changing the direction of small and medium sized businesses. They can use big data for many purposes. However, the value of their big data strategies will vary considerably. Using big data to get a better understanding of your customers is important.

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Stop Companies From Harvesting Your Data

TDAN

In 2018, it was discovered that Cambridge Analytica had harvested the data of at least 87 million Facebook users without their knowledge after obtaining it via a few thousand accounts that had used a quiz app. There is no getting away from how incredibly valuable our data is. In 2018, the Global Data Mining Tools […].

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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

There have been so many articles published about AI and its applications, you can find millions of articles from broad concepts to deep technical literature on the internet. You must be tired of continuously hearing quotes like, ‘data is the new oil’ and what not. AI Adoption and Data Strategy. Source: TCS).