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Deciphering the Pros & Cons of Real-Time Data Streaming

Smart Data Collective

One of the recent developments in digital technology is streaming data in real-time. Data streaming is all about processing and analyzing data that keeps on flowing from a particular source to a destination in almost real-time. Data Streaming Functioning Procedure.

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Here’s How Data Analytics In Sports Is Changing The Game

Smart Data Collective

According to Bloomberg , the market for sports research and data analysis net worth is expected to be around $8.4 In this brief article, we explore the impact of data analytics on sports. Data in Individual Sports Data analytics are commonplace in individual sports such as roller skating and can be used in a variety of ways.

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IoT And Cloud Integration is the Future!

Smart Data Collective

Real-Time Processing And Analysis One of the critical aspects of IoT is its need for real-time data processing and analytics. Whether it’s a health monitor alerting a user of abnormal heart rates or a smart home system adjusting room temperatures, the reaction time is paramount.

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Companies Need to Create Data-Centric Procurement Processes

Smart Data Collective

Companies are using big data in countless aspects of their business models, including the procurement processes. billion on supply chain data analytics in 2026. Below, we make a case for the digitalization and data-centric decision-making models for procurement processes. They are expected to spend $9.3

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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. Start-ups and established fintech companies can use big data to understand the changing financial industry. They will also use historical and real-time data to identify possible customer challenges.

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Use real-time data to achieve better business optimization. Here’s how.

Actian

Companies have learned a lot about how to eliminate waste, achieve consistency and empower employees to proactively solve issues, but all these efforts have been constrained by the availability of real-time data for decision making. The challenge with each of these approaches is the timeliness of data for making decisions.

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Azure Cloud Is Transforming the Way We Run Our Businesses in 2021

Smart Data Collective

It is an Internet of Things (IoT) platform that promotes the creation of a digital representation of real places, people, things, and business processes. These digital presentations are built from real-time data either in pure form or 3D representations. Companies can then monitor their performance from this platform.