Smart Data Collective

SEPTEMBER 29, 2022

OCR is the latest new technology that data-driven companies are leveraging to extract data more effectively. There are a number of benefits of using it to your company’s advantage. OCR and Other Data Extraction Tools Have Promising ROIs for Brands. Big data is changing the state of modern business.

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Smart Data Collective

SEPTEMBER 16, 2022

Big data technology is shaping the future of healthcare. Global healthcare companies are projected to spend over $105 billion on big data by 2030. One of the biggest benefits of big data in healthcare has been in the field of virtual healthcare. This makes it easier to make more informed diagnoses.

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Smart Data Collective

MAY 19, 2022

Big data technology is incredibly important in many aspects of modern business. The sales profession is one of the areas most affected by data. There are many ways that big data is helping companies improve sales. One of the biggest benefits is that it can help automate many aspects of the sales process.

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AWS Big Data

NOVEMBER 6, 2024

As applications process more and more data over time, customers are looking to reduce the compute costs for their stream processing applications. which enables you to reduce your stream processing cost by up to 33% compared to previous KCL versions. Additionally, we cover additional benefits that KCL 3.0

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Smart Data Collective

FEBRUARY 23, 2023

The renewable energy sector is undergoing a major transformation thanks to the power of big data. With its ability to collect, store, and analyze vast amounts of data in real-time, big data offers unprecedented insights into how we generate and use energy.

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AWS Big Data

JANUARY 9, 2025

Our experiments are based on real-world historical full order book data, provided by our partner CryptoStruct , and compare the trade-offs between these choices, focusing on performance, cost, and quant developer productivity. Data management is the foundation of quantitative research.

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Smart Data Collective

SEPTEMBER 28, 2022

In this blog post, we’ll explore some of the advantages of using a big data management solution for your business: Big data can improve your business decision-making. Big data is a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools.

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Smart Data Collective

JULY 20, 2022

Data-driven decision-making has become a major element of modern business. A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Furthermore, only 13% of companies are actually delivering on their data strategy.

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Smart Data Collective

APRIL 25, 2022

However, this transition isn’t easy and wouldn’t be possible without major advances in big data technology. Digital adoption has been defined as the reinvention of a company through the optimization of legacy systems and utilization of new technologies. Big Data is the Foundation of Digital Adoption.

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Smart Data Collective

MAY 8, 2022

Many fleet management companies were reluctant to embrace the power of big data a decade ago. Their skepticism has waned significantly, as they have finally started to discover the countless benefits that big data has to offer for their industry. The fleet management industry is no exception.

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Smart Data Collective

JUNE 14, 2022

Big data technology is disrupting almost every industry in the modern economy. Global businesses are projected to spend over $103 billion on big data by 2027. While many industries benefit from the growing use of big data, online businesses are among those most affected. You can check them out below!

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datapine

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. Companies must adjust to the ambiguity of data, and act accordingly. As a result, BI can benefit the overall evolution as well as the profitability of a company, regardless of niche or industry.

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AWS Big Data

AUGUST 21, 2024

To address this requirement, Redshift Serverless launched the artificial intelligence (AI)-driven scaling and optimization feature, which scales the compute not only based on the queuing, but also factoring data volume and query complexity. The slider offers the following options: Optimized for cost – Prioritizes cost savings.

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AWS Big Data

NOVEMBER 22, 2024

Data practitioners need to upgrade to the latest Spark releases to benefit from performance improvements, new features, bug fixes, and security enhancements. This process often turns into year-long projects that cost millions of dollars and consume tens of thousands of engineering hours. job to AWS Glue 4.0. to version 4.0.

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AWS Big Data

JANUARY 15, 2025

For container terminal operators, data-driven decision-making and efficient data sharing are vital to optimizing operations and boosting supply chain efficiency. The consumer subscribes to the data product from Amazon DataZone and consumes the data with their own Amazon Redshift instance.

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AWS Big Data

NOVEMBER 19, 2024

This offering is designed to provide an even more cost-effective solution for running Airflow environments in the cloud. micro characteristics, key benefits, ideal use cases, and how you can set up an Amazon MWAA environment based on this new environment class. micro reflect a balance between functionality and cost-effectiveness.

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datapine

NOVEMBER 5, 2019

In fact, according to eMarketer, 40% of executives surveyed in a study focused on data-driven marketing, expect to “significantly increase” revenue. Not to worry – we’ll not only explain the link between big data and business performance but also explore real-life performance dashboard examples and explain why you need one (or several).

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Smart Data Collective

APRIL 20, 2023

There are many ways businesses are using big data to make better decisions and operate more efficiently Organizations can use big data to optimize expenses and reduce costs. One of the many ways big data is helping companies operate more cost-effectively is through the construction of smart buildings.

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datapine

JUNE 5, 2019

Business intelligence (BI) is a term that relates to the applications, infrastructure, practices, and tools that empower businesses to access a broad range of analytical data for improvement, campaign optimization , and enhanced decision-making that maximizes performance. Legacy Data Solutions. They Are Customizable.

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Smart Data Collective

OCTOBER 13, 2021

There are countless examples of big data transforming many different industries. There is no disputing the fact that the collection and analysis of massive amounts of unstructured data has been a huge breakthrough. We would like to talk about data visualization and its role in the big data movement.

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AWS Big Data

MAY 20, 2024

Whether you are new to Apache Iceberg on AWS or already running production workloads on AWS, this comprehensive technical guide offers detailed guidance on foundational concepts to advanced optimizations to build your transactional data lake with Apache Iceberg on AWS. He can be reached via LinkedIn.

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AWS Big Data

APRIL 9, 2025

This feature cuts through complexity, reduces search time, minimizes errors, and fosters unprecedented collaboration across our data engineering, analytics, and business teams. This supports data hygiene and infrastructure cost optimization.

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AWS Big Data

OCTOBER 3, 2023

In our previous post Improve operational efficiencies of Apache Iceberg tables built on Amazon S3 data lakes , we discussed how you can implement solutions to improve operational efficiencies of your Amazon Simple Storage Service (Amazon S3) data lake that is using the Apache Iceberg open table format and running on the Amazon EMR big data platform.

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Smart Data Collective

SEPTEMBER 30, 2021

One of the biggest benefits of AI is that it has helped streamline many workplace functions. According to the analysis of Cybersecurity Ventures, the yearly cost of cybercrime is expected to reach $10.5 trillion , and ransomware damage costs will reach $20 billion by 2025. Optimizing AI-Driven Cybersecurity Apps.

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CIO Business Intelligence

NOVEMBER 1, 2024

It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized. Several co-location centers host the remainder of the firm’s workloads, and Marsh McLennans big data centers will go away once all the workloads are moved, Beswick says.

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Smart Data Collective

AUGUST 23, 2023

Big data technology has rapidly changed the state of modern marketing. One of the biggest ways that brands are using big data is by optimizing their approach to trade show marketing. IBISWorld has shown that big data can be extremely beneficial for companies relying on trade shows.

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datapine

NOVEMBER 27, 2019

DQM is indeed reckoned as the key factor in ensuring efficient data analysis, as it is the basis from where all the rest starts from. According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. How can we make it happen? 5) Collaborative Business Intelligence.

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Business Intelligence Analytics Prescriptive Analytics Data Quality 361

BizAcuity

FEBRUARY 21, 2025

Finance benefiting from automated forecasting, which reduces errors and ensures more accurate financial predictions. Breaking Down the Barriers to Integration While the benefits are undeniable, integration with Dynamics 365 isnt always plug-and-play. Well keep you in the loop on all things data! Need help navigating big data?

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Dashboards Optimization Finance Sales 52

AWS Big Data

NOVEMBER 21, 2024

Amazon EMR is a cloud big data platform for petabyte-scale data processing, interactive analysis, streaming, and machine learning (ML) using open source frameworks such as Apache Spark , Presto and Trino , and Apache Flink. High availability for instance fleets is supported with Amazon EMR releases 5.36.1,

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Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. New advances in data technology have been especially beneficial for marketing.

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Smart Data Collective

OCTOBER 6, 2023

Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. There are a number of huge benefits of using data analytics to identify seasonal trends.

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AWS Big Data

APRIL 17, 2024

Amazon OpenSearch Service recently introduced the OpenSearch Optimized Instance family (OR1), which delivers up to 30% price-performance improvement over existing memory optimized instances in internal benchmarks, and uses Amazon Simple Storage Service (Amazon S3) to provide 11 9s of durability.

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datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

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Smart Data Collective

AUGUST 11, 2022

There are many great benefits of using data analytics to improve financial management strategies. Many investors are using data analytics to invest in stocks. Insurance companies are using data analytics to improve their actuarial processes. Data Analytics Helps Companies Create Better Cash Collection Strategies.

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Smart Data Collective

JUNE 29, 2022

Big data is at the heart of all successful, modern marketing strategies. Companies that engage in email marketing have discovered that big data is particularly effective. When you are running a data-driven company, you should seriously consider investing in email marketing campaigns. Cost-effective method.

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datapine

OCTOBER 11, 2023

3) Top 15 Warehouse KPIs Examples 4) Warehouse KPI Dashboard Template The use of big data and analytics technologies has become increasingly popular across industries. Keep on reading to learn a definition, benefits, and a warehouse KPI list with the most prominent examples any manager should be tracking to achieve operational success.

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Rocket-Powered Data Science

MAY 21, 2024

Optimizing GenAI Apps with RAG—Pure Storage + NVIDIA for the Win! Second question: What about technical debt and the cost of “lift and shift” to these new AI-ready architectures? In particular, in the past year, generative AI has played a major role in the explosive development and growth of these transformations within enterprises.

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