Art Newspaper Forecasts Impact of Big Data on Art Market

December 9th, 2016

The Art Newspaper forecasts the impacts Big Data is set to make on the art market, as major companies continue to acquire a series of databases and data analytics firms.  “We have developed an extensive customer relationship management program to take new buyers and make more offers to them,” says Sotheby’s Tad Smith. “If you underbid for a particular painting in an auction and you don’t get it, I would like for you to have an opportunity to buy something very similar within 24 hours.”Read more at Art Newspaper