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Business’ Big Data Problem: Data Quality

Enterra Insights

There is almost universal recognition that the age in which we live is dominated by data. Data is the sine qua non of the Digital Age. Here’s the problem: According to a survey conducted by HFS Research , “75 percent of business executives do not have a high-level of trust in their data. ”[4].

Big Data 130
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Big Data: A Valuable Forecast Tool to Future-Proof Supply Chains

Logility

Now that businesses have better access to predictive forecasting technologies that leverage data from the past and present, such a one-sided approach to forecasting, analytics, reporting, and planning is no longer justifiable. This then translates into fewer lost sales and lowering product unavailability by up to 65%.

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Big Data is Gold

Enterra Insights

We live in the Digital Age in which the global economy is fueled by data. As a result, most analysts believe companies need to transform into digital enterprises so they can take advantage of data and the technologies used to leverage that data. A data leak may put an abrupt end to your customers’ trust.

Big Data 100
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Big Data, Analytics, and Industry 4.0

Enterra Insights

They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] 1] The fourth revolution is being driven by data. Before they can even talk about digitization and predictive maintenance, they need to first get connected.”[4]

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Unveiling the Power of Big Data

American Global Logistics

A Comprehensive Introduction, the 4 V's, and Its Significance for Businesses Introduction In the era of digital transformation, the term 'big data' has become more than just a buzzword. It is a synonym for a revolution that is transforming how businesses operate, make decisions, and interact with the world.

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Unveiling the Power of Big Data

American Global Logistics

In the digital transformation era, the term 'big data' has become more than just a buzzword. It is a synonym for a revolution that is transforming how businesses operate, make decisions, and interact with the world. What is Big Data? To be clear, the concept of big data isn't new.

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Leveraging Big Data in Marketing

Enterra Insights

When talking about big data, the modifier “big” could just as easily apply to its effect on business as it does to the amount of data being collected. The digital age is all about data and companies failing to leverage big data could find survival difficult. ”[2].

Big Data 100