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7 Enterprise Applications for Companies Using Cloud Technology

Smart Data Collective

Companies must take advantage of the information about their customers to stay updated and respond in real-time for quick decision-making. Cloud computing ( [link] ) can be used to support real-time data streams for better business decision-making. Centralized data storage. Big data analytics.

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5 Reasons Data-Savvy Accountants Are Becoming Vital to Businesses

Smart Data Collective

Companies around the world are expected to spend over $25 billion on financial analytics by 2028. Large financial institutions aren’t the only ones being impacted by big data. Small businesses are also using data analytics to improve their own finances. Data analytics has made it a lot easier to handle taxes.

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Big Data Sets New Standards In Stream Processing For Emerging Markets

Smart Data Collective

Volume – Companies gather data from different sources such as business transactions, social media, and other relevant data. Variety – It means all data can be presented in a variety of formats – from structured numeric data to the unstructured ones, which include text documents, audio, video, and email.

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Car Insurance Claims Processing With A Data-Driven Approach

Astera

This blog is part one of two, focusing on how to process car insurance claims using data. We’ll discuss the importance of using data analytics and technology in the insurance industry and the benefits it brings. Why is Unstructured Data Important?

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What is Enterprise Automation?

Argon Digital

The leasing process involves negotiating lease terms, documenting agreements, tracking payment schedules, and managing renewals or terminations. Accounting automation simplifies and accelerates financial workflows by digitizing and automating tasks like data processing, document management , and financial analysis.

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Data Extraction Tools: Bridging the Gap Between Unstructured and Structured Data

Astera

A research study shows that businesses that engage in data-driven decision-making experience 5 to 6 percent growth in their productivity. These data extraction tools are now a necessity for majority organizations. Extract Data from Unstructured Documents with ReportMiner. What is Data Extraction? Data Mining.

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New Software Development Initiatives Lead To Second Stage Of Big Data

Smart Data Collective

Each one of us contributes towards the generation of data in the form of images, videos, text messages, documents, emails and so much. So, how can software development helps you take advantage of Big Data? Below, we have laid down 5 different ways that software development can leverage Big Data. Improving Efficiency.

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