Smart Data Collective

DECEMBER 4, 2022

We have previously emphasized the huge benefits that big data plays in the financial industry. billion by 2028. Most of the discussions about the role of big data in finance center around actuarial models in the insurance sector and using data analytics and machine learning for stock market predictions.

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Smart Data Collective

JANUARY 26, 2022

Law firms are expected to spend over $9 billion on legal analytics technology by 2028. Last year, we published an article on the ways that big law and big data are intersecting. This is one of the most important ways that big data is changing the legal profession. But what is legal analytics?

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Smart Data Collective

JULY 26, 2023

Big data has driven major changes in the e-commerce sector in recent years. E-commerce brands spent over $16 billion on analytics in 2022 and are projected to spend over $38 billion by 2028. One of the biggest benefits of data analytics is that it can help e-commerce brands optimize their logistics and fulfillment processes.

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Smart Data Collective

SEPTEMBER 10, 2022

Big data technology has helped many companies improve efficiency and address some of the top challenges they have encountered in recent years. As a result, the market for AI technology is projected to be worth over $420 billion by 2028. A growing number of businesses have invested in AI to improve their business models.

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Smart Data Collective

JANUARY 13, 2022

The marketing profession has been fundamentally changed due to advances in artificial intelligence and big data. The market size for AI in marketing is expected to grow ove r 31% a year through 2028. It is growing at an even faster pace as more companies discover new benefits.

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Smart Data Collective

AUGUST 11, 2022

Data analytics technology has become very important for helping companies manage their financial strategies. Companies are projected to spend nearly $12 billion on financial analytics services by 2028. There are many great benefits of using data analytics to improve financial management strategies.

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Smart Data Collective

JANUARY 2, 2023

Marketers can boost their ROI significantly by leveraging data analytics strategically to boost their rankings. Ways Marketers Can Utilize Data Analytics to Improve the SEO of their Product Pages. Brands around the world are projected to spend over $122 billion on SEO by 2028.

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Data Science Dojo

JANUARY 12, 2023

Highlighting the benefits of using data warehouses, it consolidates all the data from different sources into a single place for effective reporting and analysis. According to Allied Marketing Research, the global data warehousing market is projected to grow at over 10% CAGR to reach up to $51.18

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Smart Data Collective

FEBRUARY 9, 2022

A growing number of traders are using increasingly sophisticated data mining and machine learning tools to develop a competitive edge. This is one of the reasons that companies are projected to spend over $25 billion on financial analytics services by 2028.

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Smart Data Collective

SEPTEMBER 19, 2021

Big data has become more important than ever in the realm of cybersecurity. You are going to have to know more about AI, data analytics and other big data tools if you want to be a cybersecurity professional. Big Data Skills Must Be Utilized in a Cybersecurity Role.

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Smart Data Collective

AUGUST 4, 2022

Healthcare organizations are projected to spend over $80 billion on analytics services by 2028. Wi-Fi Problems Create Problems for Data-Driven Healthcare Organizations. Big data is becoming more important than ever for healthcare providers. Analytics technology has transformed the healthcare industry in recent years.

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IBM Journey to AI blog

JANUARY 10, 2024

AI can also work from deep learning algorithms, a subset of ML that uses multi-layered artificial neural networks (ANNs)—hence the “deep” descriptor—to model high-level abstractions within big data infrastructures.

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