Smart Data Collective

MARCH 11, 2022

There is no disputing that data analytics is a huge gamechanger for companies all over the world. Global businesses are projected to spend over $684 billion on big data by 2030. There are many ways that companies are using big data to boost their profitability. Do you know what motivates your customers?

Customer Analytics 130

Customer Analytics Analytics Key Performance Indicator Big Data 130

Smart Data Collective

JUNE 8, 2023

We have talked extensively about the many industries that have been impacted by big data. many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. However, many other industries have also been affected by advances in big data technology.

Data Analytics 105

Data Analytics Analytics Data Collection Statistics 105

Smart Data Collective

JULY 16, 2023

Big data is the most important business trend of the 21st century. The usage, volume, and types of data have increased significantly. In fact, big data keeps gaining momentum. We mentioned that data analytics is vital to marketing , but it is affecting many other industries as well.

ROI 97

ROI Data Analytics Analytics Risk Management 97

Smart Data Collective

JULY 24, 2023

a year until 2030. Nabil M Abbas of Towards Data Science talked about one of the most interesting ways that data analytics is changing the NBA. Abbas states that more players are attempting three-point shots based on analytics findings. We will also cover some of the changes brought on by data analytics.

Analytics Technologies 98

Analytics Technologies Marketing Technology Analytics 98

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends. billion by 2030.

Enterprise 95

Enterprise Interactive Data-driven Key Performance Indicator 95

Cloudera

NOVEMBER 14, 2023

Data plays a pivotal role in the path to achieving financial inclusion. In this blog post, we’ll explore why financial inclusion makes good business sense and how data and AI are vital to transforming access to financial services. Here are some real-world ways data and AI can serve the underserved.

Unstructured Data 74

Unstructured Data Cost-Benefit Data-driven Predictive Analytics 74

IBM Big Data Hub

SEPTEMBER 6, 2023

A recent study by Price Waterhouse Cooper (PwC) estimates that by 2030, artificial intelligence (AI) will generate more than USD 15 trillion for the global economy and boost local economies by as much as 26%. (1) 1) But what about AI’s potential specifically in the field of marketing? What is AI marketing?

Marketing 78

Marketing Technology Advertising Machine Learning 78

IBM Big Data Hub

OCTOBER 20, 2023

AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually. trillion to the global economy in 2030, more than the current output of China and India combined.” PwC calculates that “AI could contribute up to USD 15.7

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

IBM Big Data Hub

JULY 27, 2023

through 2030. It offers a holistic view, providing critical data about asset condition, location and efficiency. More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring.

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

IBM Big Data Hub

JULY 11, 2023

According to Statista , the artificial intelligence (AI) healthcare market, valued at $11 billion in 2021, is projected to be worth $187 billion in 2030. AI and ML technologies can sift through enormous volumes of health data—from health records and clinical studies to genetic information—and analyze it much faster than humans.

Deep Learning 54

Deep Learning Cost-Benefit Insurance Machine Learning 54

CIO Business Intelligence

JANUARY 6, 2025

Data sovereignty and local cloud infrastructure will remain priorities, supported by national cloud strategies, particularly in the GCC. Cybersecurity will be critical, with AI-driven threat detection and public-private collaboration safeguarding digital assets. What specific use cases do you expect to become more widespread?

IoT 81

IoT Digital Transformation Data-driven Machine Learning 81