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10 Powerful Ways To Use Artificial Intelligence In eCommerce

Smart Data Collective

The term “artificial intelligence” has certainly become a buzzword that’s thrown around a lot. In essence, artificial intelligence is a field of computer science that teaches computers how to interpret data and derive answers from it. A growing number of companies have become dependent on AI technology.

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5 Reasons Why Big Data Is Essential for Successful Marketing

Smart Data Collective

Therefore, no one can ensure a successful marketing campaign without incorporating the proper applications of big data. Big data has enabled brands to target customers through geo-fencing. It allows them to follow a targeted customer approach. In short, big data has revamped the entire marketing landscape.

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How Big Data And AI Are Driving The CBD Gummies Industry

Smart Data Collective

But as the market becomes flooded with online outlets, it is essential for new companies to make proper use of the highly valuable resources that big data and artificial intelligence can offer. Data analytics contribute to farmers understanding soil and air quality, too. Engage With Customers.

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How Data Analytics Is Changing The Insurance Industry

Smart Data Collective

Towards Data Science has already stated that Big Data is already influencing a handful of industries and while the insurance industry isn’t on the list, it stands to benefit a lot from utilizing Big Data to spot trends. Advanced Analytical Processes in Insurance.

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Is Big Data the Saviour of the Aging Telecommunications Industry?

Smart Data Collective

The telecommunications industry could benefit from big data more than almost any other business. However, it has been slow to invest in machine learning and other big data tools, until recently. A 2017 analysis by MapR showed that telecommunications industries can benefit from big data more than almost any other company.

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5 Ways Your Retail Banks Can Use Data to Better Serve Digital Natives

Smart Data Collective

There is no disputing the fact that data technology has changed the future of the financial industry. One of the sectors most impacted by big data has been banking. Big data is even more important to the banking sector as more of their services become digitalized. Enhanced, Personalized Customer Engagement.

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Unstructured Data Analytics — A Complete Guide

Astera

The Rise of Unstructured Data Analytics. Until recently, enterprises solely relied on structured data to make business decisions — as conventional software couldn’t ingest, process, and extract the information from unstructured text mainly due to… the lack of structure. Why Is Unstructured Data Analytics Important?