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Showing posts with the label business intelligence

Unified Data: The Key to Future Innovations

  In an era where data is the new gold, businesses have grappled with the challenge of data silos - isolated reservoirs of information accessible only to specific organizational factions. This compartmentalization of data is the antithesis of what we term 'healthy' data: information that's universally comprehensible and accessible, fueling informed decision-making across an enterprise. For decades, enterprises have endeavored to dismantle these silos, only to inadvertently erect new ones dictated by the need for efficient data flows and technological limitations. However, the landscape is radically transforming, thanks to Generative AI (Gen AI) and its groundbreaking capabilities. The Transformational Shift with Gen AI: The advent of Gen AI heralds an unprecedented shift in data management and accessibility. With the advent of  Retrieval Augmented Generation (RAG)  and its integration into infinitely expandable vector data stores, the once-unthinkable is now a tangible real

How big is the Beacon Technology industry and how it will look like in the next 5 years?

  According to a study of Research Dive, the global   beacon technology market   forecast shall cross $45,213.7million by 2026, growing at a CAGR of 75.4%. The growing adoption of beacons for innovation in the business model is one of the significant factors for the growth of the beacon technology market.Beacon is a versatile product that has a key role in the application of retail, education, healthcare, and others. Moreover, to gain competitive advantages,market players are focusing high on business intelligence. For instance, FUJITSU has invented Bluetooth beacons which make indoor navigation accurate and it also provide an improved user experience.These beacons are cost-effective and provide valuable information such as bottlenecks, the effectiveness of offers and, customer movements.These factors are anticipated to boost the demand for beacons in the global market. In addition, beacons havegreat significance in the retail sector mainly because they provide key benefits of being hi