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6 Tremendous Benefits of Big Data for Financial Management

Smart Data Collective

More companies are investing in big data than ever these days. 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.

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RN Coders Can Improve Hospital Data Strategies

Smart Data Collective

Healthcare providers are investing more heavily in big data technology, as they strive to deal with growing challenges such as declining operating margins and an increasingly complex regulatory environment. However, many healthcare providers lack the technology or knowledge to use data prudently.

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Big Data Analytics is Advertisers’ Best Weapon

TDAN

Consumers’ digital footprint is increasing in the personalized era of Advertising and Marketing, and Big Data Analytics will help businesses achieve high customer retention rate. Big data has become a buzzword in today’s competitive era. Recent advancements in big data technology […].

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Critical Components of Big Data Architecture for a Translation Company

Smart Data Collective

Big data technology has been instrumental in helping organizations translate between different languages. We covered the benefits of using machine learning and other big data tools in translations in the past. How Does Big Data Architecture Fit with a Translation Company?

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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. Using Data Analytics Can Help Create a Better Company Culture.

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Converting Big Data into Actionable Intelligence

TDAN

In today’s world, access to data is no longer a problem. There are such huge volumes of data generated in real-time that several businesses don’t know what to do with all of it. Unless big data is converted to actionable insights, there is nothing much an enterprise can do.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.