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Real-time artificial intelligence and event processing  

IBM Big Data Hub

In 2023, the IBM® Institute for Business Value (IBV) surveyed 2,500 global executives and found that best-in-class companies are reaping a 13% ROI from their AI projects—more than twice the average ROI of 5.9%. Non-symbolic AI can be useful for transforming unstructured data into organized, meaningful information.

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How Big Data Is Influencing Web Design and What You Can Learn from It

Smart Data Collective

Big data has become the lifeblood of small and large businesses alike, and it is influencing every aspect of digital innovation, including web development. What is Big Data? Big data can be defined as the large volume of structured or unstructured data that requires processing and analytics beyond traditional methods.

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Leveraging user-generated social media content with text-mining examples

IBM Big Data Hub

Named entity recognition (NER): NER extracts relevant information from unstructured data by identifying and classifying named entities (like person names, organizations, locations and dates) within the text. A targeted approach will optimize the user experience and enhance an organization’s ROI.

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A Guide to Data Analytics in the Travel Industry

Alation

To fully realize data’s value, organizations in the travel industry need to dismantle data silos so that they can securely and efficiently leverage analytics across their organizations. What is big data in the travel and tourism industry?

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Your Effective Roadmap To Implement A Successful Business Intelligence Strategy

datapine

But the rewards outperform by far its costs, and it is well known that business intelligence ROI is real even if it is sometimes hard to quantify. Indeed, every year low-quality data is estimated to cost over $9.7 million to American businesses only, as it impacts the bottom-line, the productivity, and ultimately the overall ROI.