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Top 5 Myths About Data Analytics You Should Stop Believing

Acuvate

Data Analytics in Business. According to Stastia , the global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. If you are an organization set out to embrace data analytics, here’s a list of the top 5 myths you need to be aware of.

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6 Remarkable Applications of AI in the Oil & Gas Industry

Acuvate

According to research, the global artificial intelligence in the O&G sector will be worth $3,669.8Mn by 2027 , growing at a CAGR of 10.81% between 2022 and 2027. In light of this thought, let’s explore how AI/ML technologies are shaping up “digital champions” in the oil and gas space. Driving workplace safety.

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Key Essentials of Modern Business Intelligence

Acuvate

The Growing Importance of Data. The global big data market is forecasted to grow to about 103 billion U.S. dollars by the year 2027 – Statista. Data continuously flows from a plethora of internal and external channels including computer systems, networks, social media, mobile phones etc.

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How Competition Is Driving AI’s Rapid Adoption

Harvard Business Review

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). We know that technologies often take a long time to diffuse and to deliver benefits.

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Digital Transformation Is Racing Ahead and No Industry Is Immune - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business Review

At the present rate of churn, Innosight’s research estimates three-quarters of today’s S&P 500 will be replaced by 2027. Read more from DXC Technology: Embracing Digital Change Requires a Clear Strategic Focus. Digital transformation transcends technology. In 2011, the average tenure dropped to 18 years.

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Augmented Analytics – Everything You Need to Know

Acuvate

As per research by Statista , the value of the software segment of advanced analytics and other big data services will increase to $46 billion by 2027. But while most organizations have implemented data analytics in their companies or are about to, their ability to leverage its power effectively is limited.