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How Cryptocurrency Is Benefiting From Big Data Analytics

Smart Data Collective

In the cryptocurrency market, we are starting to see the emergency and convergence of crypto and big data analytics. For those that know more than the average individual when it comes to crypto, you know big data analytics potential is out there. Big data analytics and cryptocurrency are changing all that.

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Benefits of Using Big Data to Assist with Digital Adoption

Smart Data Collective

Digital transformation has been a goal for many organizations in recent years, and the shift to remote and hybrid working arrangements has only made this desire to future-proof their business more immediate. However, this transition isn’t easy and wouldn’t be possible without major advances in big data technology.

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Ethical Considerations with Data-Driven Employee Monitoring

Smart Data Collective

There are many reasons big data has become a double-edged sword for businesses. One of the biggest examples is with employee monitoring. Many companies are using data analytics to monitor their employee productivity and other behavior. It can be even more beneficial than using big data for recruiting.

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Big Data Helps Drive the Future of Virtual Healthcare

Smart Data Collective

Big data technology is shaping the future of healthcare. Global healthcare companies are projected to spend over $105 billion on big data by 2030. One of the biggest benefits of big data in healthcare has been in the field of virtual healthcare. This makes it easier to make more informed diagnoses.

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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

Big data has led to many important breakthroughs in the Fintech sector. And Big Data is one such excellent opportunity ! Big Data is the collection and processing of huge volumes of different data types, which financial institutions use to gain insights into their business processes and make key company decisions.

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QR Codes Leverage the Benefits of Big Data in Education

Smart Data Collective

The field of academia is more dependent on big data than ever before. Educational institutions reportedly spent over $13 billion on big data in 2020. Expenditures on big data in academia are projected to be worth over $57 billion by 2030. They can only store around 3,000 bytes of data.

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How Big Data Technology Helped Fight The Pandemic

Smart Data Collective

Big data and AI technology have played a huge role in dealing with some of the challenges that arose. We previously talked about the benefits of big data and BI in overcoming the problems the pandemic caused for businesses. This wouldn’t have been possible without major advances in big data technology.

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