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Use a Data Strategy to Make Your Startup Profitable

Smart Data Collective

In the information, there are companies with big data strategies and those that fall behind. Big data and business intelligence are essential. However, the success of a big data strategy relies on its implementation. VentureBeat reports that only 13% of companies are delivering on their big data strategies.

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Unlocking the Power of AI with a Real-Time Data Strategy

CIO Business Intelligence

Demand for real-time AI is accelerating Software applications enable businesses to fuel their processes and revolutionize the customer experience. report they have established a data culture 26.5% report they have a data-driven organization 39.7% report they are managing data as a business asset 47.4%

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5 Ingenious Big Data Strategies To Skyrocket Email Marketing Conversions

Smart Data Collective

Big data is playing an essential role in virtually every facet of the digital marketing sphere. You can use big data to get higher conversion rates with any digital marketing medium, including email marketing. The ROI of email marketing is exceptional already. Email marketing is changing in the era of big data.

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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. Improved accuracy and speed.

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Business Management Systems for Data-Driven Businesses

Smart Data Collective

Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without. Companies using big data reportedly have 115% higher ROIs.

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6 Tremendous Benefits of Big Data for Financial Management

Smart Data Collective

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. You will get a better sense of the reasons that you should make investing in big data a top priority.

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Optimizing Your IT Budget While Running a Data-Centric Company

Smart Data Collective

More businesses than ever are transitioning to data-driven business models. Research has shown that companies with big data strategies are 19 times more likely to become profitable. Unfortunately, some businesses have made poor decisions when instituting a data strategy. In the world of IT, change is constant.