While Big Data has been vigorously used in the past years to convert data into a visually immersive format, its popularity is declining. Companies are steadily shifting towards small and wide data analytics for understanding data and making informed decisions.
Rapid growth and increasing complexity in the crypto space have led to the rise of several AI-enabled data-analytics platforms to make crypto investing simple for investors.
Machine learning and automation has improved the efficiency of fintech employees. Data can be analyzed to yield precious insights. These advances have helped fintech companies make significant progress. Yet another area in which AI and data analytics have significantly contributed is fraud detection and prevention.
In healthcare, predictive analytics has many valuable, life-saving applications taht bring about greater operational efficiency and accurate diagnosis and treatment.
Information is the oil of the 21st century, and analytics is the combustion engine.
