article thumbnail

DirectX Visualization Optimizes Analytics Algorithmic Traders

Smart Data Collective

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.

Algorithm 133
article thumbnail

Welcome To The Digital Age: BI Meets Social Media

Smart Data Collective

One of the many ways that data analytics is shaping the business world has been with advances in business intelligence. The market for business intelligence technology is projected to exceed $35 billion by 2028. In the 1990s, OLAP tools allowed multidimensional data analysis. For a beginner, it’s a lot in one place.