With every new year comes new ideas, goals and budgets, which is why now is the perfect time to plan out your company’s finances. Big Data is a great addition to any financial services you may be using in your business!
Big Data opens financial planning up to managing pricing, customer insight, investment advice and risk management. Financial services usually help companies manage their money and predict the best ways to use it in the future, but when coupled with Big Data, financial planning can be taken to a new level. Big Data provides the insights to see the use and effect of your money in ways financial services cannot provide alone.
This is one industry that Big Data has barely touched, but is ready to dive into! Many reports foresee Big Data becoming an increasingly utilized tool in the financial sector. Big Data is brand new in this field, but has the potential to provide insights that wouldn’t otherwise be seen. The sooner we can notice trends about finances the more money that can be saved.
To learn more about how Big Data is infiltrating financial services check out this awesome article-Big Data Puts Bacon On The Table
Even though marijuana is becoming legal in more and more states and a booming industry, people still tend to see dispensaries as “drug dealers.” What people don’t see is that now that marijuana has been legalized, the business is no long a shady transaction in a park, but rather a fully functioning production like any other business. Dispensaries now need to consider things like ROI’s, Customer Retention, and Efficient Production.
The more we learn about something, the better we can understand it. Don’t form your opinions about the marijuana industry without first understanding it. Listen to this informative podcast straight from the leaders in the marijuana industry, you may just learn something about marijuana that you never knew before!
While data is related to food, like bacon, this is not particularly what interests us. Big Data puts bacon on the table because of its ties to money; saving money and wealth creation.
Yes, Data Scientists earn a pretty penny, but it goes far beyond this. Big Data processing and Big Data analytics are helping us to globalize our businesses and our economy. Those that utilize data analytics in their companies have a competitive advantage.
It helps companies discover inefficiencies they never even knew existed. More importantly, it provides the insight necessary to find solutions to those problems. It saves companies money. It also makes companies more money, by expanding their customer base.
It is building a better tomorrow, by better educating our children. Using data analytics, teachers can better identify what challenges students are facing, and ways to overcome those challenges. Higher education programs are also building programs to teach data sciences and data analysis to students to expand our Big Data Processing capabilities.
Big Data is creating wealth around the world; and bringing more bacon to our tables.
For as long as I can remember, my mother would be the first one out the door for Black Friday Sales and spend days at malls shopping for the best price on Christmas gifts. For most people this is a pretty typical example of how holiday shopping gets done.
With technology becoming increasingly more popular and almost everyone owning a smartphone, holiday shopping is going mobile. Google shows that over half of this year’s holiday shoppers planned to buy their gifts online. As Big Data continues to aid companies in advertising more accurately, the online shopping experience is easier and more accessible than ever before.
Now that online is becoming the preferred method of shopping, the mad rush in the stores is all but gone. People are saving time by conveniently shopping on their smartphones or from their home computer. But of course with an upside always comes a downside. The more people shop online, the harder mail deliverers have to work to get those gifts to their homes by Christmas.
Postal Service, UPS, and FedEx workers are putting in extra long hours of hard labor to ensure you a merry Christmas morning, so please be kind to your mail man and thank him or her for their sacrifice this holiday season!
With Big Data continuing to make its mark in numerous different industries and the internet Of Things on the rise, what can we expect to see out of them in the future?
This time of year everyone starts to predict what the future will hold, what trends will be all the rage and whose products will be the most successful. It is pretty safe to say that Big Data will continue to be improved and utilized in more ways in the future. The Internet Of Things is definitely on the rise, but what can we expect from it in this upcoming year?
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