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Data Analytics and Social Media: Twin Pillars in the Evolution of Business

Smart Data Collective

One study from 2020 discovered that 59% of global companies use data analytics to some degree. In fact, there is an entire field known as social media analytics, which is described in this post on IBM. Big data is another area that is changing the nature of business. Data analytics and social media can go nicely hand-in-hand.

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What Skills Are Needed for a Career in Data-Driven Cybersecurity?

Smart Data Collective

In North America alone, the cybersecurity market size is projected to grow from $150 billion in 2020 to over $350 billion by 2028. According to IBM, a singular data breach can cost organizations over $3 million, which is a significant increase compared to the mid-2010s. FireEye, IBM, Palo Alto Networks, Inc., Zscaler, Inc.,

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How to Reduce Sensitive Data Exposure for Your Enterprise

Smart Data Collective

According to the 2020 Cost of a Data Breach Report by IBM, businesses could lose at least $3.86 The best way to avoid losses and a reputational blow are by implementing the right preventive measures and keeping your exposure low. In fact, there is no better time than now for you to invest in beefing up your defenses.

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Interesting statistics around big data, data analysis, and usage

Analysts Corner

Data Analysis (Image created using photo and elements in Canva) Evolution of data and big data Until the advent of computers, limited facts were collected and documented, given the cost and scarcity of resources and effort to capture, store, and maintain them. Compared to the 59 zettabytes produced in 2020, this is huge. Source: IDC).

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What Are the Industries That Benefit Most from Big Data?

Smart Data Collective

In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. The implementation of Big Data has huge potential in the healthcare industry , and the past few years are only the beginning. Big Data is more than a trend or a buzzword. It’s one of the fastest-growing industries.

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How to Run Successful Predictive Analytics Project for your Business

Marutitech

And that is only possible when common mistakes while implementing predictive analytics are avoided. Doing this will ease your task and help you better understand what is expected from the project implementation. . Below are some of the common issues which you can address by implementing predictive analytics: Revenue Forecasting .

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How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

billion in 2020? Ensuring rich data quality, maximum security & governance, maintenance, efficiency in storage and analysis comes under the umbrella term of Data Management. Security and privacy as a challenge escalated in 2020 when cybertheft and frauds were at an all time high. Big Data technology in today’s world.

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