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Data as a Product: What We Can Learn from More Established Industries

Dataversity

A concise definition of data product was coined by DJ Patil as “a product that facilitates an end goal through the use of data.” This includes not only pure datasets, both raw and refined, but also products based heavily on algorithms, models, and similar data-intensive workloads.

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IT Hardware Startups Turn to Data Analytics for Market Research

Smart Data Collective

Data analytics technology has been instrumentally valuable for the marketing profession. One of the biggest ways that data analytics is changing marketing is that it can help with marketing research. Last month, we talked about the merits of using data analytics to get a better understanding of your competitors.

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How Can You Use Machine Learning to Optimize Pricing in FinTech?

Smart Data Collective

They expect something different from classically understood banking. The more you know about your audience, the more you can offer them. It’s similar to prices – price optimization through machine learning is a great tool to grow your revenue. What can you learn from real-market examples?

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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

Big data has led to many important breakthroughs in the Fintech sector. The industry is growing at a remarkable rate due to this new technology. And Big Data is one such excellent opportunity ! The Role Of Big Data In Fintech. Big data in fintech plays a vital role, providing crucial content that impacts service delivery.

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Pioneering AI Frontier: Integrated Knowledge Bases

Analysts Corner

With the help of specialized applications, we will be able to enhance our analytical capacity on an unprecedented scale, predicting trends and taking action more quickly and accurately to address problems or explore opportunities. It is primarily designed to store raw data such as numbers, texts, dates, etc.

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AI is Disrupting SEO in Huge Ways in 2023

Smart Data Collective

Search engine optimization (or SEO) is a broad and highly complicated area and if you are a new business owner discovering it for the first time, it can feel terribly overwhelming. You don’t need to be an expert in SEO in order to benefit from it. In fact, new AI tools have made SEO more advanced than ever ! What is SEO?

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Data Visualization Boosts Business Scalability with Sales Mapping

Smart Data Collective

Data visualization tools have become very useful for many businesses. Companies use data visualization for trend mapping, data contextualization and various forms of business optimization. billion on data visualization technology within the next three years. Increasing Overall Productivity.