CIO Business Intelligence

JUNE 14, 2023

Data and big data analytics are the lifeblood of any successful business. Getting the technology right can be challenging but building the right team with the right skills to undertake data initiatives can be even harder — a challenge reflected in the rising demand for big data and analytics skills and certifications.

Big Data 121

Big Data Data Analytics Analytics Predictive Modeling 121

datapine

APRIL 14, 2022

When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. After all, these are some pretty massive industries with many examples of big data analytics, and the rise of business intelligence software is answering what data management needs.

Big Data 244

Big Data Recreation/Entertainment Analytics Data-driven 244

Smart Data Collective

JUNE 6, 2021

If your company deals with hundreds or thousands of customers, optimal productivity, budgeting and customer satisfaction should be at the top of your priority list. Achieving your company’s target goals can, however, be difficult if you’re unable to access all the relevant and useful data your business has. What is big data?

Big Data 132

Big Data Data Analytics Analytics Cost-Benefit 132

Smart Data Collective

SEPTEMBER 2, 2022

Big data technology is becoming more important than ever for modern business owners. One study by the McKinsey Institute shows that data-driven organizations are 19 times more likely to be profitable. There are many benefits of using big data to run a business. Big Data is Essential for Modern Marketing Strategies.

Big Data 117

Big Data Marketing Optimization Data mining 117

Smart Data Collective

NOVEMBER 18, 2020

Those teaching others about big data analytics, whether in schools or seminars, have been forced to rethink how they manage lessons. With everything going online, teaching big data analytics during lockdown means making the most of digital learning solutions. Utilize new learning platforms. Seek feedback.

Big Data 94

Big Data Data Analytics Analytics Interactive 94

Smart Data Collective

MAY 8, 2022

More companies than ever are investing in customer service analytics. The customer service analytics market is projected to be worth $46.6 Many fleet management companies were reluctant to embrace the power of big data a decade ago. Data Analytics Transforms the Fleet Management Industry’s Customer Service Model.

Optimization 103

Optimization Data Analytics Management Analytics 103

Smart Data Collective

JULY 9, 2023

E-commerce businesses around the world are focusing more heavily on data analytics. billion on analytics last year. There are many ways that data analytics can help e-commerce companies succeed. One benefit is that they can help with conversion rate optimization.

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

Smart Data Collective

NOVEMBER 29, 2022

Data analytics technology has had a profound effect on the nature of customer engagement. Analytics is especially important for companies trying to optimize their online presence. Website optimization is absolutely vital for any brand striving to do business online. Optimize for mobile.

Optimization 108

Optimization Data Analytics Analytics Analytics Technologies 108

Smart Data Collective

FEBRUARY 9, 2022

Analytics technology has become an invaluable aspect of modern financial trading. A growing number of traders are using increasingly sophisticated data mining and machine learning tools to develop a competitive edge. Unfortunately mastering the nuances of financial analytics tools isn’t easy.

Visualization 133

Visualization Optimization Analytics Testing 133

AWS Big Data

APRIL 18, 2024

In this post, we discuss how the Salesforce TIP team optimized their architecture using Amazon Web Services (AWS) managed services to achieve better scalability, cost, and operational efficiency. Finally, this enriched data is landed in the data lake on S3. This is the silver layer of the TIP data lake.

Optimization 90

Optimization Data Lake Management Key Performance Indicator 90

Smart Data Collective

NOVEMBER 20, 2022

To develop effective and optimized strategies in this ever-changing marketplace, a smart marketer needs to know how to leverage technology. Enter Big Data. Although big data isn’t a new concept, it has become a sought-after technology in the last few years. . What Is Big Data? Keep reading.

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Big Data Sales Marketing B2B 134

Smart Data Collective

SEPTEMBER 30, 2021

By interpreting and analyzing the data, organizations can understand and predict trends, improve security and make data-driven decisions. In this post, we’ll explore how organizations can leverage big data and AI instruments to improve their ROI. How Big Data is changing the finance and retail scene.

Big Data 130

Big Data B2B ROI Cost-Benefit 130

Smart Data Collective

OCTOBER 17, 2022

Email marketing is the most acceptable way to give precise customer data, but you must guarantee your efforts aren’t wasted. Using data analytics help your email marketing strategies succeed. Data Analytics’ Importance in Email Marketing. Types of data analytics. Segmentation. Automation.

Marketing 119

Marketing Optimization Data Analytics Analytics 119

Smart Data Collective

SEPTEMBER 17, 2020

Big data is utilized in many facets of business. One of the most important benefits of data analytics with lead generation and optimization. Many experts agree that big data is reinventing the art of lead generation. There are a number of benefits of integrating data analytics into the lead pipeline.

Optimization 106

Optimization Data Analytics Analytics Sales 106

Smart Data Collective

JULY 7, 2021

Analytics is extremely important for any company that wants to get the most out of its marketing efforts. It is impossible to create an effective social media marketing strategy without utilizing big data analytics effectively. You need to learn how to use big data and social analytics with your marketing strategy.

Marketing 126

Marketing Strategy Optimization Analytics 126

Smart Data Collective

MAY 4, 2021

Big data has become incredibly important for the future of email marketing. Why is it important to have a data-driven email marketing strategy? However, these benefits can only be realized with data analytics tools. This is a lot easier if you know how to use data analytics effectively.

Marketing 101

Marketing Strategy Optimization Data Analytics 101

Smart Data Collective

JULY 9, 2019

Companies have been able to perform more in-depth customer analysis—above and beyond social media commentary and feedback surveys—with the development and proliferation of analytics. Currently, companies can review thousands of data points on individual customers for enhanced comprehension of their best customers.

Big Data 111

Big Data Optimization Interactive Sales 111

Smart Data Collective

MARCH 29, 2021

Big data is leading to some major breakthroughs in the modern workplace. One study from NewVantage found that 97% of respondents said that their company was investing heavily in big data and AI. Such technologies include Digital Twin tools, Internet of Things, predictive maintenance, Big Data, and artificial intelligence.

Big Data 137

Big Data Management Cost-Benefit Internet of Things 137

Smart Data Collective

OCTOBER 6, 2023

Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. There are a number of huge benefits of using data analytics to identify seasonal trends.

Management 116

Management Analytics Predictive Analytics Cost-Benefit 116

Smart Data Collective

DECEMBER 22, 2021

Big data technology is one of the most important forms of technology that new startups must use to gain a competitive edge. The success of your startup might depend on your ability to use big data to your full advantage. The right data strategy can help your startup become profitable.

Big Data 136

Big Data Data mining Data-driven Predictive Analytics 136

IBM Big Data Hub

JANUARY 25, 2024

Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0 Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms? Can you review historical data modules?

Optimization 75

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 75

AWS Big Data

NOVEMBER 17, 2023

Amazon Athena is a serverless, interactive analytics service built on open source frameworks, supporting open table file formats. Athena provides a simplified, flexible way to analyze petabytes of data where it lives. Let’s discuss some of the cost-based optimization techniques that contributed to improved query performance.

Optimization 114

Optimization Statistics Metadata Data Lake 114

Smart Data Collective

SEPTEMBER 7, 2021

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Big data in retail help companies understand their customers better and provide them with more personalized offers. Big data is a not new concept, and it has been around for a while.

Big Data 125

Big Data Technology Cost-Benefit Predictive Analytics 125

Smart Data Collective

DECEMBER 29, 2021

Big data has become a very important part of modern business. Companies are using big data technology to improve their human resources, financial management and marketing strategies. Digital marketing , in particular, is very dependent on big data. Local SEO Strategies Must Utilize Data.

Big Data 134

Big Data Marketing Data mining Data-driven 134

Smart Data Collective

OCTOBER 15, 2021

Big data technology has been a highly valuable asset for many companies around the world. Countless companies are utilizing big data to improve many aspects of their business. Some of the best applications of data analytics and AI technology has been in the field of marketing. Create a Quality Website.

Big Data 140

Big Data Marketing Advertising Data-driven 140

AWS Big Data

APRIL 17, 2024

Amazon OpenSearch Service recently introduced the OpenSearch Optimized Instance family (OR1), which delivers up to 30% price-performance improvement over existing memory optimized instances in internal benchmarks, and uses Amazon Simple Storage Service (Amazon S3) to provide 11 9s of durability.

Optimization 115

Optimization Snapshot Metadata Cost-Benefit 115

Smart Data Collective

JULY 20, 2022

Data-driven decision-making has become a major element of modern business. A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Furthermore, only 13% of companies are actually delivering on their data strategy.

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Data-driven Optimization Big Data Data Strategy 123

Smart Data Collective

MARCH 18, 2020

We have written extensively about the benefits of big data in marketing. Louis Columbus wrote a great article in Forbes about 10 ways big data is changing the marketing sector. The business services sector is expected to spend over $77 billion on big data in the near future. Einstein AI Analytics benefits.

Big Data 97

Big Data Analytics Cost-Benefit Dashboards 97

Smart Data Collective

JUNE 14, 2022

Big data technology is disrupting almost every industry in the modern economy. Global businesses are projected to spend over $103 billion on big data by 2027. While many industries benefit from the growing use of big data, online businesses are among those most affected. You can check them out below!

Big Data 104

Big Data Data mining Metrics Sales 104

Smart Data Collective

SEPTEMBER 15, 2021

Big data is playing a vital role in modern branding. Big data can be essential for reaching your branding goals. Utilizing Big Data to Get the Most Out of Your Digital Media Strategy. You need to know how to use big data effectively if you want to create a successful digital marketing strategy.

Big Data 101

Big Data Marketing Strategy Metrics 101

Smart Data Collective

APRIL 21, 2022

Big data has led to a number of changes in the world of finance. Global companies are expected to spend over $11 billion on financial analytics services by 2026. One of the biggest reasons companies are spending so much on financial analytics is to improve investing opportunities. Why Big Data Matters.

Big Data 97

Big Data Finance Marketing Optimization 97

Smart Data Collective

FEBRUARY 3, 2022

Business owners need to understand that this model relies on data to work, unlike other types of business models. The data is essential for optimizing the business, thus, increasing the profits. Benefits of data analytics. Analyzing the gathered data brings so many benefits for your business.

Optimization 109

Optimization Data Analytics Modeling Analytics 109

Smart Data Collective

SEPTEMBER 17, 2020

Nowadays, terms like ‘Data Analytics,’ ‘Data Visualization,’ and ‘Big Data’ have become quite popular. In this modern age, each business entity is driven by data. Data analytics are now very crucial whenever there is a decision-making process involved. The Role of Big Data.

Big Data 141

Big Data Finance Risk Management Risk 141

Smart Data Collective

SEPTEMBER 28, 2022

In this blog post, we’ll explore some of the advantages of using a big data management solution for your business: Big data can improve your business decision-making. Big data is a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools.

Big Data 104

Big Data Management Data Quality Cost-Benefit 104

Smart Data Collective

NOVEMBER 22, 2021

Big data has been a powerful force of change in the fitness industry. More fitness companies are using data analytics, AI and other technology to better understand their customers, improve their operating margins and make other changes to adapt to new trends. The Role of Big Data in Fitness.

Big Data 127

Big Data Data-driven Software Data Processing 127

Smart Data Collective

MAY 19, 2022

Big data technology is incredibly important in many aspects of modern business. The sales profession is one of the areas most affected by data. billion on marketing analytics in 2020 alone. There are many ways that big data is helping companies improve sales. Companies spent $2.8

Sales 133

Sales Big Data Cost-Benefit Marketing 133

AWS Big Data

MARCH 28, 2024

To optimize the reconciliation process, these users require high performance transformation with the ability to scale on demand, as well as the ability to process variable file sizes ranging from as low as a few MBs to more than 100 GB. For optimal parallelization, the step concurrency is set at 10, allowing 10 steps to run concurrently.

Optimization 81

Optimization IT Big Data Data Processing 81