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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. of organizations who participated in an executive survey back in 2019 claimed they are going to be investing in big data and AI. Source: Gartner Research). Source: TCS).

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Self-Serve Data Preparation Prepares You for the Future!

ElegantJ BI

And, if you don’t think your business (or your boss) will be all that interested in this opportunity, consider these Gartner predictions: ‘By 2023, overall analytics adoption will increase from 35% to 50%, driven by vertical- and domain-specific augmented analytics solutions.’ What does that mean, exactly?

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Self-Serve Data Preparation Prepares You for the Future!

ElegantJ BI

And, if you don’t think your business (or your boss) will be all that interested in this opportunity, consider these Gartner predictions: ‘By 2023, overall analytics adoption will increase from 35% to 50%, driven by vertical- and domain-specific augmented analytics solutions.’ What does that mean, exactly?

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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

Data Pine

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries.

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Top Business Intelligence Features To Boost Your Business Performance

Data Pine

In fact, it is expected that by 2025, the BI market will grow to $33.3 Through powerful data visualizations, managers and team members can get a bigger picture of their performance to optimize their processes and ensure healthy project development. f) Predictive analytics.

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Top 10 IT & Technology Buzzwords You Won’t Be Able To Avoid In 2020

Data Pine

An exemplary application of this trend would be Artificial Neural Networks (ANN) – the predictive analytics method of analyzing data. billion by 2025. A study conducted by McKinsey pointed out that the potential economic impact of IoT by the year 2025 could be equivalent to 11% of the world economy.