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How to Leverage Big Data to Improve Business Performance
With the progress made in the digital landscape, organizations have access to vast amounts of data from different sources, often fast. This is what is known as big data. Businesses are offered tremendous potential to gain valuable insights and improve their overall performance by analyzing this data through big data analytics. In this article, we will explore various strategies on… Read more...
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In a world where data is becoming more important than ever, organizations must contend with an ever-increasing volume of information streaming from different sources. However, the true value of this data lies not in gathering it but in its effective visualization. Data visualization entails representing complex data sets visually, enabling businesses to gain valuable insights, make informed decisions, and communicate… Read more...
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Big data is fast gaining momentum, and so are the big data projects. Companies are increasing in size and ambition. However, the rising number of big data projects does not mean that they all succeed. Gartner estimates that the number of big data projects that fail is about 60 percent in 2016. In 2017, Gartner revised the number of big… Read more...
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Keeping Data Costs Down

Monday, Sep 12 2022

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Written by News

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Keeping Data Costs Down

Alexander Mils

According to Tech Republic, companies want to use big data but they are worried about keeping the costs down.

At a time when organizations are increasingly adopting a cloud-first approach and global spending for big data services is expected to surge to $273 billion in 2026, 82% of data management decision-makers are deeply concerned about controlling and forecasting rising data costs, a new study finds.

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