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12 Jobs That Are Booming in the Age of Big Data

Smart Data Collective

Did you know that big data consumption increased 5,000% between 2010 and 2020 ? Big data technology is changing countless aspects of our lives. A growing number of careers are predicated on the use of data analytics, AI and similar technologies. This should come as no surprise. Genetic Engineer. Food Technologist.

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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. billion by 2026.

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Big Data Is Rapidly Changing How We Look at Economics

Smart Data Collective

Big data has evolved from a technology buzzword into a real-world solution that helps companies and governments analyze data, extract the meaningful statistics, and apply it into their specific business needs. There is a use for big data in pretty much everything we do, with the economic forecasts proving to be no different.

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How to Use Big Data to Cash in on the Firearms Market

Smart Data Collective

If you’ve never been aware of big data in the firearms industry, you’re in for a treat. Artificial intelligence is now being used to create firearms that provide better accuracy at long distances where the accuracy doesn’t rely on the shooter’s marksmanship skills. Gun retailers are profitable businesses.

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Big Data Skill sets that Software Developers will Need in 2020

Smart Data Collective

From the tech industry to retail and finance, big data is encompassing the world as we know it. More organizations rely on big data to help with decision making and to analyze and explore future trends. Big Data Skillsets. Gartner estimates a retail IT spend forecast of $210.9 Final Thoughts.

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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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The Surprising Benefits of Data Analytics for Furniture Stores

Smart Data Collective

Many businesses have since invested even more in their data analytics infrastructure, since they have relied more heavily on digital technology in a post-pandemic world. The furniture industry is among those relying more heavily on data analytics. The article cites a furniture store owner that discovered 16.8%