article thumbnail

Fleet Management and Big Data: Points to Consider

Smart Data Collective

This ever-growing volume of information has given rise to the concept of big data. And I do not mean large amounts of information per se, but rather data that is processed at high speed and has a strong variability. Nowadays, managers across industries rely on information systems such as CRMs to improve their business processes.

Big Data 358
article thumbnail

Top 10 Big Data CRM Tools To Increase Business Sales

Smart Data Collective

Big data technology is incredibly important in modern business. One of the most important applications of big data is with building relationships with customers. These software tools rely on sophisticated big data algorithms and allow companies to boost their sales, business productivity and customer retention.

Big Data 353
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Key Competitive Advantages of Big Data in Business

Smart Data Collective

That’s why big data companies that can help use that data are in such high demand. Taking control of the data that you have can not only improve information accessibility within your company but provide a range of benefits that can be the driving force behind gaining a competitive advantage in your market.

Big Data 345
article thumbnail

5 Amazing Benefits Of Big Data For Business Owners In 2020

Smart Data Collective

The big data market is exploding. Despite the rapid evolution of big data, many small businesses are overlooking its benefits. You should consider the vast benefits of big data and invest in it accordingly. Why Small Businesses Overlook Big Data (And Should Start Embracing it).

Big Data 295
article thumbnail

Redefining Remote Work and Ensuring Productivity with Big Data

Smart Data Collective

Big data technology is changing the way companies around the world are operating. One of the biggest advantages of big data is that it has improved the quality of remote work. Before recent advances in data technology, remote work wasn’t regarded to have the same status as working in an office.

Big Data 222
article thumbnail

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
article thumbnail

AI-Driven Innovations in Enterprise Data Storage for Financial Data Management 

Astera

McKinsey reports only 7% of banks are completely utilizing crucial analytics, which shows that a vast majority of financial institutions are not maximizing the potential of their data. AI can also automate data encryption, ensuring that sensitive data is protected both at rest and in transit.