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Data-Driven Companies Leverage OCR for Optimal Data Quality

Smart Data Collective

OCR is the latest new technology that data-driven companies are leveraging to extract data more effectively. OCR and Other Data Extraction Tools Have Promising ROIs for Brands. Big data is changing the state of modern business. The benefits of big data cannot be overstated. How does OCR work?

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How to Develop A Multi-File Chatbot?

Analytics Vidhya

Introduction In today’s data-driven world, whether you’re a student looking to extract insights from research papers or a data analyst seeking answers from datasets, we are inundated with information stored in various file formats.

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IT Budgeting Practices for Data-Driven Companies

Smart Data Collective

Companies are investing more in big data than ever before. Last year, global businesses spent over $271 billion on big data. While there are many benefits of big data technology, the steep price tag can’t be ignored. We mentioned that data analytics offers a number of benefits with financial planning.

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Aiding Architecture & Engineering Firms with Data-Driven Learning

Smart Data Collective

Data analytics is incredibly valuable for helping people. More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. We have previously talked about the many ways that big data is disrupting education.

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Why Modern Data Challenges Require a New Approach to Governance

A healthy data-driven culture minimizes knowledge debt while maximizing analytics productivity. Agile Data Governance is the process of creating and improving data assets by iteratively capturing knowledge as data producers and consumers work together so that everyone can benefit.

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5 Things You Didn’t Know About FDA Data-Driven Software Validation

Smart Data Collective

Data analytics has been very important for the FDA. They have used big data in many of their regulatory approaches. Big data has been instrumental in the software development process. The FDA has used data analytics technology to streamline their process and drastically reduce the risk of missing anything pertinent.

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A Data-Driven Guide To Skyrocket Your Year Over Year Growth

datapine

With YoY analysis, you compare growth data for two specific timeframes from consecutive years against one another to see if the metric has dwindled, increased, or remained the same. Typically, data for a financial year, month, or quarter is compared to the same time period of the previous year. Why Do You Need YoY Analysis?