article thumbnail

Welcome To The Digital Age: BI Meets Social Media

Smart Data Collective

One of the many ways that data analytics is shaping the business world has been with advances in business intelligence. The market for business intelligence technology is projected to exceed $35 billion by 2028. In the 1990s, OLAP tools allowed multidimensional data analysis. For a beginner, it’s a lot in one place.

article thumbnail

DirectX Visualization Optimizes Analytics Algorithmic Traders

Smart Data Collective

A growing number of traders are using increasingly sophisticated data mining and machine learning tools to develop a competitive edge. This is one of the reasons that companies are projected to spend over $25 billion on financial analytics services by 2028.

Analytics 145
article thumbnail

How Data Analytics Can Change the Way In-House Legal Departments Do Business 

Smart Data Collective

Law firms are expected to spend over $9 billion on legal analytics technology by 2028. Last year, we published an article on the ways that big law and big data are intersecting. But things have changed, and seamless software dashboards give critical team members real-time access to the most recent data.

Analytics 103