Smart Data Collective

DECEMBER 13, 2021

E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. billion on big data by 2025. This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing. The e-commerce sector is projected to spend over $6.2

Data-driven 137

Data-driven Marketing Strategy Big Data 137

Smart Data Collective

MARCH 30, 2022

Analytics technology is taking the ecommerce industry by storm. Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are.

Analytics 120

Analytics Cost-Benefit Testing Dashboards 120

CIO Business Intelligence

JUNE 13, 2022

According to IDC , worldwide spending on AI will likely top $204 billion by 2025. Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 And that not only benefits customers, but it can also increase morale among the employees. Just starting out with analytics?

Deep Learning 105

Deep Learning Data Processing Insurance Cost-Benefit 105

Smart Data Collective

OCTOBER 5, 2021

Analytics technology has been invaluable to modern marketing. The market for web analytics is projected to be worth $9.11 billion by 2025. The utilization of analytics and big data in the marketing industry has played a massive role in this robust growth. Data analytics is going to be very important for this stage.

Analytics 124

Analytics ROI Marketing Testing 124

CIO Business Intelligence

JUNE 1, 2022

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Existing digital twin models can look at what’s happening in real-time and predictive analytics can help understand future potential benefits or pitfalls with designs and strategies. .

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

Smart Data Collective

MAY 30, 2022

Analytics technology has shaped many aspects of modern business. According to a report we cited last year, 67% of businesses with revenues exceeding $10,000 a year use data analytics. One of the most important reasons companies are investing in analytics technology is to improve their understanding of their customers.

Customer Analytics 111

Customer Analytics Management Analytics Data Processing 111

Smart Data Collective

SEPTEMBER 6, 2020

Data analytics is revolutionizing the future of ecommerce. A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. billion on big data by 2025. Essential Benefits of Big Data in Ecommerce Applications.

B2B 111

B2B Data Analytics Analytics Cost-Benefit 111