Data Science Dojo
APRIL 18, 2024
Efficiency in Operations : AI helps e-commerce businesses streamline operations by automating customer support with chatbots and optimizing inventory management through predictive analytics. billion by 2028, showcasing a robust growth rate of 14.9%. This not only saves costs but also ensures better resource allocation.
Smart Data Collective
JANUARY 26, 2022
Legal analytics is an evolving discipline that is changing the future of the legal profession. Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? We have had time to observe some major developments of legal analytics over the last year.
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Smart Data Collective
JUNE 29, 2022
The market for Fintech was over $112 billion last year, but is projected to be worth over $333 billion by 2028. Predictive Analytics. With financial technology apps, predictive analytics has a number of benefits. Predictive analytics is helpful not just for consumers.
Smart Data Collective
MAY 21, 2021
That figure is projected to grow over 11% a year and will be worth over $911 billion in 2028. New advances in data analytics and a wealth of outsourcing opportunities have contributed. The software development industry is growing at a healthy pace. It is estimated to be worth $429.6 billion this year.
Pickl AI
FEBRUARY 2, 2023
The global AI in retail is expected to swell from under $5 billion in 2021 to more than $31 billion by 2028. Predictive Analytics Retailers are using AI to analyze vast amounts of data to gain insights into consumer behaviour, market trends, and sales patterns.
ODSC - Open Data Science
MARCH 5, 2024
through 2028. billion by 2028, at a CAGR of 29.3%. Both advancements and new products are driving fresh capital from venture capitalists and other firms who wish to utilize AI-driven technology in their investments. For example, the global quantum computing market is projected to see a CAGR of a staggering 38.3%
Smart Data Collective
OCTOBER 25, 2023
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. There are a number of ways that business intelligence is helping companies gain a competitive edge.
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