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Real-Time Interactive Data Visualization Tools Reshaping Modern Business

Smart Data Collective

With the widespread implementation of the IoT (Internet of things), these databases might be understood on both small and large scales. Its main aim is to implement custom, interactive diagrams for the stored data. It is used by a number of Fortune 500 companies, especially those in the retail, entertainment and media sectors.

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5 Industries That Are Being Revolutionized By Big Data

Smart Data Collective

IBM wrote an excellent report about the use of big data in the retail sector. Retail is an industry which relies heavily on big data in the modern-day. Simply put, if a retailer doesn’t understand their customer, they are going to struggle to succeed in the market. Online Gambling.

Big Data 278
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AI Leads to Powerful New Fraud Detection Software for E-commerce

Smart Data Collective

E-commerce Fraud: A Digital Dilemma E-commerce fraud involves fraudulent transactions or practices in the realm of online retail. The anonymity and vastness of the internet provide a fertile ground for such fraudulent activities, making e-commerce fraud a significant concern for online retailers.

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The Role of Business Intelligence in The Modern Commercial Organization

Smart Data Collective

The importance of BI proves the fact that the world’s leading IT vendors such as IBM, Microsoft, Oracle, SAP, SAS, QlikTech, etc. For the retail segment, analytical tools also provide many applications. It is difficult for commercial companies in some countries like Montenegro to implement quality BI-based solutions.

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What Skills Are Needed for a Career in Data-Driven Cybersecurity?

Smart Data Collective

As far as the CAGR or Compound Annual Growth Rate is concerned, the largest growth is taking place forecasted vertically most notably for the cybersecurity service sector (management, consulting, and maintenance) especially relating to SMBs (Small-to-Medium Businesses.). FireEye, IBM, Palo Alto Networks, Inc., Zscaler, Inc.,

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What Are the Industries That Benefit Most from Big Data?

Smart Data Collective

The implementation of Big Data has huge potential in the healthcare industry , and the past few years are only the beginning. In a report titled Analytics: The real-world use of big data in retail , IBM found that 62% of retail leaders were able to create a competitive advantage thanks to data analytics and predictions.

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Leverage Blockchain Technology for Supply Chain Management

BizAcuity

Continuous updates through the supply chain provide all the parties involved, which may include manufacturers, suppliers, distributors, retailers or customers with the latest details about the whereabouts of their goods. Thus, the entire inventory management process can be streamlined and improved for achieving higher efficiency. Conclusion.