Smart Data Collective

AUGUST 11, 2022

Data analytics technology has become very important for helping companies manage their financial strategies. Companies are projected to spend nearly $12 billion on financial analytics services by 2028. There are many great benefits of using data analytics to improve financial management strategies.

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Smart Data Collective

APRIL 23, 2022

The sports analytics market will be worth $10 billion by 2028. Data analytics technology has been applied to the skating industry, especially when it comes to scouting. The truth is that data analytics helps companies understand their customers. This information is usually gained from viewers and the wider public.

Analytics 128

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Data Science Dojo

APRIL 18, 2024

Efficiency in Operations : AI helps e-commerce businesses streamline operations by automating customer support with chatbots and optimizing inventory management through predictive analytics. billion by 2028, showcasing a robust growth rate of 14.9%. This not only saves costs but also ensures better resource allocation.

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Dataconomy

SEPTEMBER 27, 2024

The global data analytics market is forecasted to increase by USD 234.4 billion from 2023 to 2028. To learn more about the trends of data analytics fields, their prospects, and their challenges, we talked to Aksinia Chumachenko, Product Analytics Team Lead at Simpals, Moldova’s leading digital company.

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Smart Data Collective

JANUARY 26, 2022

Legal analytics is an evolving discipline that is changing the future of the legal profession. Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? We have had time to observe some major developments of legal analytics over the last year.

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Dataconomy

JULY 17, 2023

According to a recent report by IoT Analytics , the global number of IoT connections grew by 18% in 2022, reaching 14.3 A Statista report also suggests that the global IoT revenue is expected to reach $2,227 billion by 2028, witnessing a CAGR of 13.60% from 2023 to 2028. billion active IoT endpoints.

Internet of Things 171

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Data Science Dojo

JANUARY 12, 2023

An enormous amount of raw data is stored in its original format in a data lake until it is required for analytics applications. Elements of a data lake and analytics solution Organizations should consider a variety of crucial features as they construct data lakes and analytics platforms, including: 1. What is a data lake?

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Dataversity

SEPTEMBER 24, 2021

billion by 2028. We have seen an unprecedented increase in modern data warehouse solutions among enterprises in recent years. Experts believe that this trend will continue: The global data warehousing market is projected to reach $51.18 The reason is pretty obvious – businesses want to leverage the power of data […].

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Pickl AI

DECEMBER 26, 2024

Summary: “Data Science in a Cloud World” highlights how cloud computing transforms Data Science by providing scalable, cost-effective solutions for big data, Machine Learning, and real-time analytics. Centralised access enhances teamwork and accelerates analytics projects. billion in 2023 to USD 1,266.4

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Smart Data Collective

MARCH 15, 2022

Companies around the world are expected to spend over $25 billion on financial analytics by 2028. Small businesses are also using data analytics to improve their own finances. Let’s find out some of the benefits of hiring a CPA with a detailed understanding of data analytics. Better Tax Handling.

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Smart Data Collective

DECEMBER 4, 2022

The global financial analytics market is projected to be worth $17.1 billion by 2028. Most of the discussions about the role of big data in finance center around actuarial models in the insurance sector and using data analytics and machine learning for stock market predictions.

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Smart Data Collective

OCTOBER 25, 2023

More companies are turning to data analytics technology to improve efficiency, meet new milestones and gain a competitive edge in an increasingly globalized economy. One of the many ways that data analytics is shaping the business world has been with advances in business intelligence. For a beginner, it’s a lot in one place.

Business Intelligence 122

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Smart Data Collective

SEPTEMBER 19, 2021

You are going to have to know more about AI, data analytics and other big data tools if you want to be a cybersecurity professional. This of course is the fact that the cybercrime environment has become more intense and heightened the need for a background in data analytics and AI skills.

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Smart Data Collective

MAY 11, 2023

In February, a study found that the market size for AI in the retail sector is going to be worth over $25 billion by 2028. Utilize AI-Powered Mobile App Analytics Developing a mobile app is only the first step. AI-powered analytics technology has helped e-commerce companies leverage the benefits of analytics even more.

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Smart Data Collective

AUGUST 4, 2022

Analytics technology has transformed the healthcare industry in recent years. Healthcare organizations are projected to spend over $80 billion on analytics services by 2028. There are many benefits of leveraging analytics in healthcare.

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Smart Data Collective

JUNE 29, 2022

The market for Fintech was over $112 billion last year, but is projected to be worth over $333 billion by 2028. Artificial intelligence is also adept at data processing and analytics, both useful tools for financial applications. Predictive Analytics. With financial technology apps, predictive analytics has a number of benefits.

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Smart Data Collective

FEBRUARY 8, 2022

It was worth only $5 billion in 2020 and is expected to be worth over $50 billion by 2028. We previously mentioned that VAs use data analytics to help their customers save money. It has been a huge boon for our career,” Keogh said. As a result, the market for virtual assistants is exploding.

Business Intelligence 145

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Smart Data Collective

MAY 16, 2022

Healthcare providers are projected to spend over $58 billion on big data analytics by 2028. Big data is changing the future of the healthcare industry. Healthcare organizations benefit from collecting greater amounts of data on their patients and service partners. However, data management is just as important.

Big Data 126

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Smart Data Collective

JULY 26, 2023

E-commerce brands spent over $16 billion on analytics in 2022 and are projected to spend over $38 billion by 2028. One of the biggest benefits of data analytics is that it can help e-commerce brands optimize their logistics and fulfillment processes. Big data has driven major changes in the e-commerce sector in recent years.

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Smart Data Collective

SEPTEMBER 16, 2022

By 2028, it should be worth over $332 billion. Unstructured data is accumulating from various sources in an ever-increasing amount, providing significant analytical power. The fintech sector is growing at a shocking rate. The market was worth over $112 billion last year. Benefits of Big Data: Customer focus.

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IBM Journey to AI blog

JUNE 10, 2024

Data analytics The goal of data analytics is to take raw data and refine it into an understandable narrative that addresses business goals. In addition, the high clock speeds achieved by CPUs make them perfectly suited to handle the type of rapid-fire scanning and retrieval of information that data analytics requires.

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IBM Journey to AI blog

FEBRUARY 14, 2024

And in the period between 2023 to 2028, renewable electricity capacity is expected to grow by 7,300 gigawatts with solar PV and onshore wind usage expected to at least double over current levels in India, Brazil, Europe and the US through 2028.

Machine Learning 60

Machine Learning Machine Learning Analytics Analytics 60

IBM Journey to AI blog

AUGUST 26, 2024

Worldwide spending on public cloud services is forecast to reach $805 billion by the end of 2024 and that amount will double by 2028, according to new research from the International Data Corporation. To that end, Microsoft recently announced it’s spending $19 billion on cloud and AI.

AI 62

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ODSC - Open Data Science

MARCH 5, 2024

Currently, these trends are shaped by the pursuit of possible innovation that can result in new market capture in machine learning, automation, and data analytics. through 2028. billion by 2028, at a CAGR of 29.3%. For example, the global quantum computing market is projected to see a CAGR of a staggering 38.3%

AI 52

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Pickl AI

SEPTEMBER 18, 2024

billion by 2028, growing at a compound annual growth rate (CAGR) of 21.9% Machine Learning and Behavioural Analytics Machine Learning (ML) is at the forefront of AI applications in cybersecurity. billion by 2028. billion in 2023 and is projected to reach USD 60.6 during this period. billion in 2023.

AI 52

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Pickl AI

FEBRUARY 11, 2025

With mapping features, customisable charts, and automated analytics, Tableau enhances data-driven strategies, helping businesses extract valuable insights for better decision-making and operational efficiency. The Tableau services market is projected to grow at approximately 13.50% from 2021 to 2028, highlighting its increasing demand.

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Pickl AI

NOVEMBER 5, 2024

Before moving further, do you know the difference between Business Intelligence and Business Analytics ? billion by 2028, with a CAGR of 13.6% from 2022 to 2028. Tableau’s data connectors include Salesforce, Google Analytics, Hadoop, Amazon Redshift, and others catering to enterprise-level data needs.

Power BI 52

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IBM Journey to AI blog

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 Private cloud combines the main benefits of cloud computing—chiefly on-demand access to computing resources (e.g.,

Cloud Computing 115

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IBM Journey to AI blog

FEBRUARY 14, 2024

And in the period between 2023 to 2028, renewable electricity capacity is expected to grow by 7,300 gigawatts with solar PV and onshore wind usage expected to at least double over current levels in India, Brazil, Europe and the US through 2028.

Machine Learning 40

Machine Learning Machine Learning Analytics Analytics 40

Pickl AI

APRIL 9, 2023

It is an analytical tool developed by Microsoft that enables the organization to visualise, and share insights from data. billion by 2028. Read: Top Data Analytics Tools Types of Power BI Tools Power BI Desktop It is the authoring and publishing tool of Power BI that helps in creating new models and reports from scratch.

Power BI 52

Power BI Business Intelligence Business Intelligence Cloud Computing 52

Pickl AI

OCTOBER 21, 2024

NoSQL is well-suited for big data applications and real-time analytics, allowing organisations to adapt to rapidly changing data landscapes. Content Delivery and Analytics Effective content delivery is another key function supported by DBMS. million users by 2028, marking a significant growth in its user base.

Database 52

Database Apache Kafka Machine Learning Machine Learning 52

Pickl AI

FEBRUARY 2, 2023

The global AI in retail is expected to swell from under $5 billion in 2021 to more than $31 billion by 2028. Predictive Analytics Retailers are using AI to analyze vast amounts of data to gain insights into consumer behaviour, market trends, and sales patterns.

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Pickl AI

NOVEMBER 4, 2024

million by 2028. It involves developing data pipelines that efficiently transport data from various sources to storage solutions and analytical tools. OLAP (Online Analytical Processing): OLAP tools allow users to analyse data from multiple perspectives. ETL is vital for ensuring data quality and integrity.

Data Engineering 52

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Pickl AI

FEBRUARY 13, 2025

With the Tableau services market projected to grow at 13.50% from 2021 to 2028, mastering such visualisations is essential for professionals seeking to leverage data effectively. They are often used in business reports, marketing analytics, and financial dashboards to show percentages of different categories.

Tableau 52

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Pickl AI

FEBRUARY 20, 2024

Relevance in today’s job market About 80 per cent of companies worldwide are investing heavily in creating proficient Data Analytics divisions. billion by 2028 , indicating substantial growth opportunities. This indicates a significant demand for professionals skilled in data analysis and interpretation. billion by 2029.

Data Science 52

Data Science Data Analysis Data Analysis Machine Learning 52

DataRobot

OCTOBER 12, 2021

LTC Kristin Saling , Chief Analytics Officer and Acting Director, Army People Analytics, is leading this team in order to get the Army AI-ready. ” She likens the democratization of data to the way the Army has distributed medical talent throughout the Army and how this creates a “translation from the analytics to action.”

Analytics 52

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Dataconomy

FEBRUARY 10, 2025

AI-driven consumer analytics for personalized recommendations. Sopra Steria Next: Generative AI market set for $100 billion by 2028 Major companies in the chatbot market include: Tech giants: Amazon, Microsoft, Google, Meta, IBM, and OpenAI. Growth in audio/voice bots and messaging-based customer service.

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