13 Best Big Data Stocks to Buy According to Analysts

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11. NICE Ltd. (NASDAQ:NICE)

Upside Potential: 35.96%

Number of Hedge Fund Holders: 28

NICE Ltd. (NASDAQ:NICE) is a big data company that leverages data to provide advanced solutions in areas like customer experience, analytics, and AI-driven insights. The company specializes in using large volumes of data to improve business processes, customer experiences, and operational efficiency. Its solutions gather vast amounts of data from customer interactions. NICE Ltd. (NASDAQ:NICE) utilizes big data technologies to deliver real-time analytics, predictive insights, and AI-powered decision-making tools.

The company reported a solid 25% year-over-year growth in cloud revenue for the full year of 2024, reaching $2 billion. This growth is attributed to strong performances across various sectors, including renewals, add-ons like Copilot and GitHub Copilot, and significant Azure commitments. It has recently made significant advancements in integrating artificial intelligence (AI) into its offerings. The company expanded its CXone Mpower platform, introducing advanced services designed to automate customer service processes and seamlessly integrate workflows across various business operations. These developments underscore NICE’s commitment to leveraging big data and AI technologies to enhance customer experience solutions and solidify its position as a leader in the industry.

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