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Big Data: The Technology Behind Retailers Success

Smart Data Collective

During the beginning of the pandemic, many businesses went digital, and the retail industry is no exception. Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Big data is a not new concept, and it has been around for a while.

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Managing Seasonal Fluctuations in Retail with Analytics

Smart Data Collective

Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. There are a number of huge benefits of using data analytics to identify seasonal trends.

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Crucial Advantages of Investing in Big Data Management Solutions

Smart Data Collective

In this blog post, we’ll explore some of the advantages of using a big data management solution for your business: Big data can improve your business decision-making. Big data is a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools.

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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.

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Innovative Brands Use Big Data to Improve Sticker Branding

Smart Data Collective

We have noticed a trend in big data journalism. This is especially applicable when it comes to articles covering the intersection between big data and marketing. There is a strong case to be made that big data is having a tremendous impact on sticker marketing and other forms of offline branding.

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Big Data Meets Divorce: How Companies Take Advantage Of Life Changes

Smart Data Collective

Big data is everywhere. Each time you swipe a grocery store card, make a purchase online or buy from a big-box store, your shopping habits are being stored somewhere. And as with many other major life changes, divorce will impact your consumption patterns – something retailers hope to use in their favor.

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4 Ways Data-Driven Automation Enhances Merchandise Distribution

Smart Data Collective

The supply-chain analytics market is projected to be worth over $16.8 This is largely due to the benefits of using data analytics to improve automation in merchandise distribution. As a retailer or manufacturer selling via e-commerce platforms, you already know the importance of using big data to improve automation.