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How the Sports and Entertainment Industry Is Reinventing the Fan Experience and Enhancing Revenues with Computer Vision

CIO Business Intelligence

Data-driven venues from sporting events and concerts to other live events are helping to bolster the entertainment industry while simultaneously helping to ensure a safer environment for all. . However, the sports and entertainment industry, like many others, experienced a huge loss of revenue over the last few years.

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10 Big Data Examples Showing The Great Value of Smart Analytics In Real Life At Restaurants, Bars, and Casinos

datapine

From targeted advertising, education, and already mentioned massive industries (healthcare, manufacturing, or banking), to real-life scenarios, in guest service or entertainment. Big data can serve to deliver benefits in some surprising areas. Doritos and Mountain Dew have both used this strategy with varying levels of success.

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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. Specific types of sourcing minimize costs in different ways.

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Deliver Better Digital Experiences with Observability

CIO Business Intelligence

And remarkably there’s a great reward for making the effort, as consumers will pay up to 16 percent more for products and services that deliver those benefits. . It has become second nature for individuals to digitally connect multiple times a day for social interactions, entertainment, shopping, banking, and more.

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Consumer Technology & Durables (CTD) in the COVID-19 Era

bridgei2i

Demand for luxury and lifestyle goods like cars, smart homes, in-home entertainment, automated household appliances, personal devices, and gadgets has increased manifold. CTD’s growth over the last two decades was aided by technological innovation and the steady drop of electronics components’ costs, driven by economies of scale.

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Minimizing Supply Chain Disruptions with Advanced Analytics

Cloudera

Advanced predictive analytics and modeling are now optimizing safety stocks and supply chains to include the element in risk so that optimized inventory levels and redundant capital deployment in high risk manufacturing processes are optimized. Digital Transformation is not without Risk. Open source solutions reduce risk.

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