Smart Data Collective

JANUARY 14, 2021

A lot of experts have talked about the benefits of using predictive analytics technology to forecast the future prices of various financial assets , especially stocks. However, many experts have overlooked a much more promising opportunity for investors trying to leverage machine learning technology.

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Smart Data Collective

JULY 21, 2022

Data analytics is incredibly valuable for helping people. More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. We have previously talked about the many ways that big data is disrupting education.

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Data-driven Big Data Cost-Benefit Data Analytics 135

DataRobot Blog

NOVEMBER 8, 2022

How can you build a performance-driven organization where driving outcomes is ingrained in your culture and the ownership of the process is shared across agency and client stakeholders? Learn more from guest blogger Ikechi Okoronkwo, Executive Director, Business Intelligence & Advanced Analytics at Mindshare. Download Now.

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Predictive Analytics Marketing Analytics Data-driven 59

Sisense

JANUARY 26, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. Building an accurate predictive analytics model isn’t easy. It requires a skilled data team, advanced tools, and enormous amounts of clean data from the right combination of inputs.

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Predictive Analytics Manufacturing Analytics Forecasting 78

IBM Big Data Hub

FEBRUARY 12, 2024

Advancements in technology mean customers can order virtually any product and receive it in less than a week. And thanks to online metrics, specific customer feedback, and data analytics, these retailers had more information about their customers than ever before. Increasingly organizations expanded what they offered.

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datapine

NOVEMBER 27, 2019

Data exploded and became big. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smart Data Collective

JULY 24, 2023

Analytics technology has been a huge gamechanger for the sports industry. billion on analytics last year. Nabil M Abbas of Towards Data Science talked about one of the most interesting ways that data analytics is changing the NBA. We will also cover some of the changes brought on by data analytics.

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Analytics Technologies Marketing Technology Analytics 79

datapine

OCTOBER 21, 2020

Big data has changed the way we manage, analyze, and leverage data across industries. One of the most notable areas where data analytics is making big changes is healthcare. In this article, we’re going to address the need for big data in healthcare and hospital big data: why and how can it help?

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

Rocket-Powered Data Science

MARCH 19, 2021

How to make smarter data-driven decisions at scale : [link]. The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. A lot has changed in those five years, and so has the data landscape. Well, that statement was made five years ago!

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Internet of Things Analytics IoT Prescriptive Analytics 259

Smart Data Collective

NOVEMBER 14, 2019

The digital gaming industry has undergone jolting changes over the past decade, as more organizations are looking towards data driven solutions. Gaming organizations have started to use big data to develop a deeper understanding of target customers. They are being used in gaming companies all over the world.

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datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. The rate at which data is generated has increased exponentially in recent years. Essential Big Data And Data Analytics Insights. million searches per day and 1.2

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Big Data Data Analytics Analytics Data mining 263

Cloudera

OCTOBER 26, 2023

We’ve all heard that data helps businesses make better decisions. This isn’t just speculation: research shows that companies who use data to drive decision making increase revenues by an average of more than 8%, are 23 times more likely to attract new customers, and are 19 times more likely to be profitable as a result. The good news?

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Data-driven Predictive Analytics Forecasting Enterprise 76

Smart Data Collective

JULY 28, 2021

The supply-chain analytics market is projected to be worth over $16.8 This is largely due to the benefits of using data analytics to improve automation in merchandise distribution. As a retailer or manufacturer selling via e-commerce platforms, you already know the importance of using big data to improve automation.

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Data-driven Big Data Manufacturing ROI 133

Smart Data Collective

MAY 13, 2022

With the growth of business data, it is no longer surprising that AI has penetrated data analytics and business insight tools. Business insight and data analytics landscape. Artificial intelligence and allied technologies make business insight tools and data analytics software more efficient.

Business Analytics 134

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Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. How do predictive and prescriptive analytics fit into this statistical framework?

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Smart Data Collective

JANUARY 19, 2022

Big data is extremely important in the marketing profession. billion on marketing analytics by 2026. A growing number of companies are using data analytics to better understand the mindset of their customers, provide better customer service , forecast industry trends and identify the ROI of various marketing strategies.

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Consulting Data-driven Marketing Strategy 96

Smart Data Collective

DECEMBER 22, 2020

Data-driven business ideas are becoming more important than ever. A growing number of companies have found that big data is the key to reaching more customers. One of the most important benefits of big data in business is with marketing. We previously touched on a number of ways companies use big data for their marketing.

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CIO Business Intelligence

MAY 21, 2024

“We know the keys to realizing the full power of AI revolve around two important things: applying AI to a well-defined, practical business issue, and leveraging high quality data,” said Epicor chief product and technology officer Vaibhav Vohra, in a statement.

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Forecasting Predictive Analytics Machine Learning Data-driven 116

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.

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Big Data Technology Cost-Benefit Predictive Analytics 125

datapine

JANUARY 31, 2022

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. Your Chance: Want to try a professional BI analytics software? This methodology of “test, look at the data, adjust” is at the heart and soul of business intelligence.

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Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

OCTOBER 4, 2022

Business leaders, recognizing the importance of elevated customer experiences, are looking to the CIO and their IT teams to help harness the power of data, predictive analytics, and cloud resources to create more engaging, seamless experiences for customers. Embed CX into your data strategy.

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Data-driven Machine Learning Interactive Predictive Analytics 98

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,

Manufacturing 72

Manufacturing Technology Internet of Things Cost-Benefit 72

Smart Data Collective

JANUARY 6, 2021

Big data is central to financial management. The market for financial data analytics is expected to reach $10 billion by 2025. One of the biggest uses of big data in finance relates to accounts receivable management. Fortunately, new advances in data technology have made accounts receivable management easier than ever.

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datapine

FEBRUARY 17, 2023

3) The Link Between White Label BI & Embedded Analytics 4) An Embedded BI Workflow Example 5) White Labeled Embedded BI Examples In the modern world of business, data holds the key to success. That said, data and analytics are only valuable if you know how to use them to your advantage. million per year.

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Analytics Cost-Benefit Dashboards Business Intelligence 191

Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Global companies spent over $92.5

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Data-driven Cost-Benefit Data mining Big Data 103

Smart Data Collective

JUNE 8, 2023

We have talked extensively about the many industries that have been impacted by big data. many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. However, many other industries have also been affected by advances in big data technology.

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Data Analytics Analytics Data Collection Statistics 82

datapine

DECEMBER 4, 2019

Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Prescriptive Analytics: What should we do?

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Jet Global

APRIL 12, 2024

In today’s data-driven world, application and development teams are facing a growing demand to empower their users with greater decision intelligence. If you want to empower your users to make better decisions, advanced analytics features are crucial.

Analytics 52

Analytics Data-driven Dashboards Reporting 52

Smart Data Collective

JANUARY 12, 2022

Data analytics has arguably become the biggest gamechanger in the field of finance. Many large financial institutions are starting to appreciate the many advantages that big data technology has brought. Markets and Markets estimates that the financial analytics market will be worth $11.4 Fraud risks.

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CIO Business Intelligence

MARCH 23, 2022

Business and technology were once seen as separate or distinct, but today they are deeply intertwined. In fact, the days of task-driven technology have vanished, replaced by technology as a vehicle for business growth. Effective leaders pivot and deploy the right technologies to solve for business needs.

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Technology IoT Internet of Things Data-driven 86

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 report found that global e-commerce brands spent over $16.7 Some of the most important is conversion rates.

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Smart Data Collective

JULY 9, 2021

Fortunately, new advances in big data technology are helping companies get better qualified workers. Data analytics technology is very important in assessing the performance of staffing services. Companies can use data analytics to improve their hiring processes. Reducing staffing costs.

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datapine

NOVEMBER 19, 2019

In this post, we’re going to give you the 10 IT & technology buzzwords you won’t be able to avoid in 2020 so that you can stay poised to take advantage of market opportunities and new conversations alike. Exclusive Bonus Content: Download our Top 10 Technology Buzzwords!

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CIO Business Intelligence

FEBRUARY 28, 2024

Healthcare technology innovation is poised to revolutionize the medical landscape. At the forefront of this transformation lies biological digital twin (bio digital twin) technology. Essentially, the technology involves the replication of the human body in software models.

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Smart Data Collective

JULY 16, 2023

Big data is the most important business trend of the 21st century. The usage, volume, and types of data have increased significantly. In fact, big data keeps gaining momentum. We mentioned that data analytics is vital to marketing , but it is affecting many other industries as well.

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ROI Data Analytics Analytics Risk Management 71

Sisense

JULY 6, 2020

Analytics and data are changing every facet of our world. In The State of BI & Analytics , we expand on our original research, keeping you ahead of the curve on the world of analytics, data, and business intelligence. Analytics are essential in a crisis.

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Smart Data Collective

JANUARY 14, 2021

Big data technology is becoming extremely important for project management in 2021. A growing number of companies are finding new ways to use data-driven tools to streamline various aspects of their projects, including editing workflows. We talked before about editing data science workflows. Here are some benefits.

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