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Big Data, Analytics, and AI

The COVID-19 pandemic and the aftermath of the unprecedented lockdown in the global economy have disrupted our daily lives, and it will never be the same. It has accelerated the need by businesses and investors for big data, analytics, and Artificial Intelligence (AI). The spotlight on the already growing world of big data and non-traditional data has propelled this area into the mainstream.


The shutdowns in place to control the spread of coronavirus left many businesses, investors, economists, policymakers, and others virtually flying blind. Traditional data no longer offered reliable and timely information on what was happening in the economy and their companies. In a post-pandemic economy, many will turn to big data, alternative data, analytics, and even AI to help with their tactical and strategic investment and business decisions.


The concept of big data has been around for many years. Big data is a term that describes large sets and a massive volume of data. An example of big data might be petabytes (1,024 terabytes) or exabytes (1,024 petabytes) of data consisting of billions to trillions of records of millions of people. It is not necessarily the amount of data that matters. It is how the users utilize the data that is far more important. That is, how to best analyze the enormous amount of data to make informed, timely, and reliable decisions.


Big data's applications are relevant in multiple industries ranging from finance, healthcare, manufacturing, education, transportation, and many more. Some have called big data a disruptive technology that can give companies a competitive edge in the future.


Big data, analytics, and AI companies have been sprouting up with higher frequencies over the past several years. ETFs that target this booming investment theme has also been launched. Enclosed below are some of the top companies involved in big data, analytics, and AI companies. Also, are the popular ETFs that focus on this investment theme:


Big Data, Analytics, and AI companies:


AMZN (3,194.94), ORCL (59.67), GOOGL (1,585.99), MSFT (214.80), NFLX (489.05), FB (278.73), CRM (254.23), BABA (307.97), SAP (148.37), NVDA (540.99), QCOM (128.55), VMW (149.69), NOW (510.28), SHOP (1,022.01), SQ (177.82), WORK (28.87), SPOT (271.32), SPLK (211.67), TWLO (298.70), and PINS (49.38)


Big Data, Analytics, and AI ETFs:


Global X Future Analytics Tech ETF (AIQ – 24.43), ALPS ETF Trust ALPS Disruptive Technologies (DTEC – 40.15), SPDR Kensho New Economies Composite ETF (KOMP – 45.48), ARK Web x.0 ETF (ARKW – 117.51), ROBO Global Robotics and Automation Index (ROBO – 50.51), and Global X Robotics and Artificial Intelligence Thematic ETF (BOTZ – 28.97)


Source: Courtesy of StockCharts.com

Source: Courtesy of StockCharts.com

Source: Courtesy of StockCharts.com

Source: Courtesy of StockCharts.com

Source: Courtesy of StockCharts.com

Source: Courtesy of StockCharts.com



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