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What is big data and why is it important to Business ?

Analysts Corner

What is big data and why is it important to business ? In the age of the internet, smartphones, and social media, the amount of data generated every day has reached unprecedented levels. This data is referred to as big data, and it is transforming the way businesses operate. What is big data?

Big Data 130
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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.

Banking 270
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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.

Big Data 199
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How data-led retailers get their edge (part 2)

Clarasys

This will provide the context and data, but the journey to change truly starts then. In this second blog of a series of two we will explore the next big four steps that will highlight how data-led retailers can retain their edge and build resilient organisations in uncertain times. bn in 2022.

Retail 52
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10 Big Data Examples Showing The Great Value of Smart Analytics In Real Life At Restaurants, Bars, and Casinos

Data Pine

“You can have data without information, but you cannot have information without data.” – Daniel Keys Moran. When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. Download our free summary outlining the best big data examples! Discover 10.

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Big? ?Data:? ?The? ?Secret? ?to? ?Starbucks’? ? Supply? ?Chain? ?Success?

Sisense

Deep Brew was something that Starbucks CEO Kevin Johnson was keen to discuss during his presentation at the National Retail Federation’s annual show in January this year. The firm’s ‘bean to cup’ pilot used blockchain technology to enable customers to use their phones to scan a code on a bag of coffee to see where the coffee beans were grown.

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How to Meet the 3 Biggest Enterprise-Scaling Challenges

Domo

They’re either making mind-boggling amounts of data consumable, fast; they’re giving more people across the entire organization access to data and analytics; they’re setting up environments where their BI teams can innovate; or they’re doing all of the above.

Retail 94