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Big Data

Big Data

  • There is an explosion of valuable digital data generated by consumers as we live our daily lives.
  • Advances in technology such as AI, Machine Learning and Cloud Computing provide numerous ways to leverage the data.
  • Apart from having Big Data, companies need to have an analytical mindset and culture, merging the best minds with technology.

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MORE IDEAS FROM THE SAME ARTICLE

The larger group of non-executives need to reinforce proper analytical techniques, and while not everyone can be an elite quantitative analyst, there is a certain basic level of proficiency that can be attained.

Like any other discipline, becoming good at analyzing data requires seasoning and experience. Executives with deep analytical expertise, sitting on the top of the organizational charts are responsible for spreading a culture of evidence-based, data-driven decision making.

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