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Big Data in Accounting

According to Accounting Today, big data will play a bigger role in the accounting profession in 2020. 

Technology such as data analytics, artificial intelligence, machine learning, blockchain and robotic process automation will be playing a greater role in the accounting profession this year, according to a recent report from the Institute of Management Accountants.

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Big Data Needs Cloud Computing

Combining big data with cloud computing may be the solution that genomics researchers need, reports Labio Tech. 

Over the last decade, genomics has become the backbone of drug discovery. It has allowed scientists to develop more targeted therapies, boosting the chances of successful clinical trials.

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Better Ways to Manage Big Data

Research projects are filled with big data, reports Nature. There are several tips that researchers can use to manage the data better. 

Big data are everywhere in research, and the data sets are only getting bigger — and more challenging to work with. Unfortunately, says Tracy Teal, it’s a kind of labour that’s too often left out of scientific training.

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Using Big Data in Lending

According to National Mortgage News, it is time for mortgage lenders to use big data. 

Mortgage companies have been slow to adapt as secondary-market buyers, vendors and other types of lenders embrace advances in artificial intelligence, big data and methodology used in underwriting.

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AI & Big Data in the Creative Sector

According to ReadWrite, combining AI and Big data can help marketers, writers and others full flesh out their creative ideas. 

Find the evolving relationship between big data and artificial intelligence. The growing popularity of these technologies offers engaging audience experience. It encourages newcomers to come up with an outstanding plan.

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Big Data Helps Retail

According to Practical ECommerce, big data helped retail stores do several things in 2020 such as personalized stores.

As ecommerce grows, so does the data that is stored. Only a fraction of that data is utilized, however. But that will likely change, as data scientists are getting better at merging, standardizing, and analyzing.

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Big Data Helps Music Industry Predict Next Big Thing

Big data, in the form of real time metrics is influencing the recording industry, reports Wired.

In the late 1970s, Robert Hazard had a problem. He’d been tooling around Philadelphia’s music scene for more than a decade, trying out any sound that might put him on the map, to no avail.

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Trains on Time Thanks to Big Data

Big data is helping trains arrive on time, reports TNW.

While most Dutch trains arrive on time — 92.6 percent, to be exact — some delay is inevitable. Falling leaves can make the railway slippery. Snow sometimes causes the railroad switches to freeze up.

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Predictions for Big Data in 2020

What will be the role of big data in 2020, reports Database Trends and Applications. 

The big data space is constantly in flux. New and emerging technologies plan to disrupt reliable legacy solutions while others hope to work in harmony with tools in the market. What are the next explosive trends for 2020?

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Real Estate and Big Data

Realtors are experimenting with big data in their business and the results are encouraging, reports Mansion Global. 

Big data, the vast amount of information generated daily in our connected world, is upending business models in industries from finance to tourism. It is also permeating real estate, a multi-pronged, multi-billion-dollar sector known for its reliance on tradition and intuition. 

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