Smart Data Collective

AUGUST 2, 2021

Data-driven organizations are always looking for smarter ways to reach their customers. One of the biggest benefits of using big data in 2021 is improving customer engagement. Online businesses have discovered that big data can be a powerful asset when they want to boost their conversion rates.

Data-driven 132

Data-driven Big Data Interactive Cost-Benefit 132

Smart Data Collective

SEPTEMBER 17, 2023

Big data technology has disrupted the marketing profession in countless ways. Therefore, it should be no surprise that the marketing analytics market size is projected to double from $3.2 billion in 2021 to $6.4 We have talked extensively about the benefits of data analytics in SEO. billon by 2026.

Data mining 107

Data mining Cost-Benefit Marketing Big Data 107

IBM Big Data Hub

APRIL 25, 2023

In a prior blog , we pointed out that warehouses, known for high-performance data processing for business intelligence, can quickly become expensive for new data and evolving workloads. To do so, Presto and Spark need to readily work with existing and modern data warehouse infrastructures.

Optimization 57

Optimization Strategy Data Warehouse Cost-Benefit 57

AWS Big Data

MAY 17, 2023

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. Meanwhile, the company’s subscribers jumped from around 360,000 in 2019 to 2.76 million at the end of 2022.

Data Warehouse 111

Data Warehouse Cost-Benefit Sales Data-driven 111

Smart Data Collective

NOVEMBER 2, 2022

Big data technology has changed the future of marketing in a multitude of ways. A growing number of organizations are leveraging big data to get higher ROIs from their organic and paid marketing campaigns. As a result, companies around the world spent over $52 billion on data-driven marketing solutions in 2021.

Marketing 137

Marketing Big Data Data-driven Sales 137

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. Your Chance: Want to perform advanced data analysis with a few clicks? Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

Smart Data Collective

SEPTEMBER 22, 2021

Data-driven businesses must utilize a number of different services and tools to operate successfully. We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. Although this technology seems archaic in the digital era, big data can help you get the most of it.

Management 99

Management Cost-Benefit Big Data Data-driven 99

Sisense

MARCH 26, 2021

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. Harvard Business Review Analytics Services Pulse Report for Sisense, March 2021.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

Smart Data Collective

APRIL 7, 2022

Few people anticipated that big data would have such a profound impact on the e-commerce sector. Companies in the distribution industry are particularly dependent on data, due to the complicated logistics issues they encounter. There are many reasons that data analytics and data mining are vital aspects of modern e-commerce strategies.

B2B 108

B2B Sales Big Data Cost-Benefit 108

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. 1- Treating data as a strategic business asset . 2- Operationalizing adaptive AI systems for quicker business decision-making.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

Smart Data Collective

OCTOBER 5, 2021

The utilization of analytics and big data in the marketing industry has played a massive role in this robust growth. One of the most important benefits of analytics in marketing is with PPC marketing. More companies are using analytics to expand the reach of their PPC campaigns and improve their ROI.

Analytics 120

Analytics Marketing ROI Testing 120

Cloudera

SEPTEMBER 24, 2021

One of the most substantial big data workloads over the past fifteen years has been in the domain of telecom network analytics. The Dawn of Telco Big Data: 2007-2012. Suddenly, it was possible to build a data model of the network and create both a historical and predictive view of its behaviour. Where does it stand today?

Analytics 91

Analytics IoT Cost-Benefit Big Data 91

DataKitchen

DECEMBER 7, 2021

Back by popular demand, we’ve updated our data nerd Gift Giving Guide to cap off 2021. We’ve kept some classics and added some new titles that are sure to put a smile on your data nerd’s face. Fail Fast, Learn Faster: Lessons in Data-Driven Leadership in an Age of Disruption, Big Data, and AI, by Randy Bean.

Data-driven 246

Data-driven Data Governance Big Data Data Science 246

IBM Big Data Hub

SEPTEMBER 26, 2022

In a 2021 report released by the Commonwealth Fund, the nation ranked last among high-income countries in access to healthcare and equity, despite spending a far greater share of its GDP on healthcare. This work resulted in real-time, data-driven decisions that identified pandemic-fueled disparities such as lack of access to vaccines.

B2B 52

B2B Visualization Data-driven Cost-Benefit 52

Alation

SEPTEMBER 28, 2022

The term has been used a lot more of late, especially in the data analytics industry, as we’ve seen it expand over the past few years to keep pace with new regulations, like the GDPR and CCPA. In essence, DataOps is a practice that helps organizations manage and govern data more effectively. What exactly is DataOps ?

Cost-Benefit 52

Cost-Benefit Data Quality Manufacturing Testing 52

Cloudera

JUNE 18, 2022

Cloudera customers run some of the biggest data lakes on earth. These lakes power mission critical large scale data analytics, business intelligence (BI), and machine learning use cases, including enterprise data warehouses. On data warehouses and data lakes. Iterations of the lakehouse.

Data Lake 90

Data Lake Data Warehouse Machine Learning Cost-Benefit 90

datapine

MARCH 31, 2022

Does data excite, inspire, or even amaze you? billion by the end of 2021. Moreover, companies that use BI analytics are five times more likely to make swifter, more informed decisions. 2) Top 10 Necessary BI Skills. 3) What Are the First Steps To Getting Started? 4) Business Intelligence Job Roles. million in the USA alone.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

JUNE 23, 2022

Cloudera customers run some of the biggest data lakes on earth. These lakes power mission critical large scale data analytics, business intelligence (BI), and machine learning use cases, including enterprise data warehouses. On data warehouses and data lakes. Iterations of the lakehouse.

Data Lake 79

Data Lake Data Warehouse Machine Learning Cost-Benefit 79

Ontotext

NOVEMBER 22, 2020

The ability to define the concepts and their relationships that are important to an organization in a way that is understandable to a computer has immense benefits. Data and content are organized in a way that facilitates discoverability, insights and decision making rather than be bound by limitations of data formats and legacy systems.

Metadata 72

Metadata Cost-Benefit Unstructured Data Technology 72

Smart Data Collective

JULY 26, 2021

Data analytics is the backbone in many modern organizations. Companies need to analyze data to optimize their business models in a variety of ways. They have found that big data has changed their business models in countless ways. Data Analytics Can Be Invaluable for Creating Dedicated Team Models.

Data Analytics 121

Data Analytics Analytics Cost-Benefit KPI 121

Smart Data Collective

FEBRUARY 28, 2022

There is no question that advances in data technology have led to some major changes in the financial industry. A growing number of banks, insurance companies, investment management firms and other financial institutions are finding creative ways to leverage big data technology. Benefits of ACH payments. Lower costs.

Data-driven 94

Data-driven Strategy Big Data Cost-Benefit 94

CIO Business Intelligence

MAY 24, 2022

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses.

Data-driven 77

Data-driven Data Lake Data Warehouse Cost-Benefit 77

BizAcuity

MAY 10, 2022

Cloud technology and innovation drives data-driven decision making culture in any organization. Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. Cloud washing is storing data on the cloud for use over the internet.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

AWS Big Data

DECEMBER 8, 2023

In this post, we share how FanDuel moved from a DC2 nodes architecture to a modern Amazon Redshift architecture, which includes Redshift provisioned clusters using RA3 instances , Amazon Redshift data sharing , and Amazon Redshift Serverless. Their individual, product-specific, and often on-premises data warehouses soon became obsolete.

Data Warehouse 67

Data Warehouse Cost-Benefit KPI Risk 67

IBM Big Data Hub

MAY 9, 2023

IBM today announced it is launching IBM watsonx.data , a data store built on an open lakehouse architecture, to help enterprises easily unify and govern their structured and unstructured data, wherever it resides, for high-performance AI and analytics.

Data Warehouse 78

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 78

Rita Sallam

AUGUST 28, 2022

We just completed our second of two live and in-person Analytics and BI Bake-Offs. The first one happened at our Data and Analytics Summit in London this past May. Last week, we ran the Analytics and BI Bake-off at the Data and Analytics Summit in Orlando with 5,500 of our closest D&A friends!

Analytics 52

Analytics Data Analytics Cost-Benefit Measurement 52

Cloudera

MARCH 17, 2022

Data is the true currency of the digital age, and it plays an indispensable role in defining and accelerating the mission of Government agencies. . Every level of government is awash in data (both structured and unstructured) that is perpetually in motion. The Value of Public Sector Data. The First Leg of the Data Journey.

IoT 81

IoT Cost-Benefit Data-driven Data Strategy 81

CIO Business Intelligence

JANUARY 31, 2023

Many industries already benefit from the transformative power of advanced digitalization. To support these capabilities, we will leverage high-capacity, ultra-low-latency data communications — particularly 5G and the high-capacity communications service provider (CSP) networks that drive it.

Deep Learning 95

Deep Learning Cost-Benefit Data-driven Manufacturing 95

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. – In the webinar and Leadership Vision deck for Data and Analytics we called out AI engineering as a big trend. Simulation is a very effective way of generating synthetic data. – Yes indeed.

Analytics 64

Analytics Measurement Modeling Data-driven 64

Sisense

MAY 11, 2021

You can’t talk about data analytics without talking about data modeling. These two functions are nearly inseparable as we move further into a world of analytics that blends sources of varying volume, variety, veracity, and velocity. Building the right data model is an important part of your data strategy.

Modeling 84

Modeling Big Data IoT Data Warehouse 84

Sisense

DECEMBER 13, 2021

It’s what allows them to unlock the full power of their data and make informed decisions. But, many don’t know where to begin or how exactly to work with their data to their optimal benefit. Data gives insight into user demographics, habits, preferences, and more. These challenges can prove frustrating.

Data-driven 59

Data-driven IT Business Intelligence Cost-Benefit 59

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. It is meant to be a desk-reference for that role for 2021. The fill report is here: Leadership Vision for 2021: Data and Analytics.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

AWS Big Data

DECEMBER 21, 2023

This is a guest post co-written by Alex Naumov, Principal Data Architect at smava. smava believes in and takes advantage of data-driven decisions in order to become the market leader. smava believes in and takes advantage of data-driven decisions in order to become the market leader.

Data Lake 88

Data Lake Data Warehouse Data-driven B2B 88

Jet Global

MAY 1, 2023

By leveraging data analysis to solve high-value business problems, they will become more efficient. This is in contrast to traditional BI, which extracts insight from data outside of the app. that gathers data from many sources. These tools prep that data for analysis and then provide reporting on it from a central viewpoint.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Jet Global

JUNE 10, 2022

In July of 2021, more than 130 countries approved a framework intended to reform international tax rules under the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS). Instead, taxation is driven by the production and consumption that take place within each member country. Interested in Data Warehousing/BI Cubes.

Forecasting 52

Forecasting Reporting Finance Software 52