Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

Smart Data Collective

JULY 26, 2023

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without.

Data-driven 74

Data-driven Management Sales Big Data 74

FineReport

JULY 26, 2021

Today, almost all businesses are investing more on business intelligence (BI). What is business intelligence strategy? A business intelligence strategy is a framework that enables enterprises to use right BI tools to analyze the right data and then report to the right people to aid making right decisions.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

FineReport

JULY 26, 2021

Today, almost all businesses are investing more on business intelligence (BI). What is business intelligence strategy? A business intelligence strategy is a framework that enables enterprises to use right BI tools to analyze the right data and then report to the right people to aid making right decisions.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

CIO Business Intelligence

JUNE 7, 2024

-based company, which claims to be the top-ranked supplier of renewable energy sales to corporations, turned to machine learning to help forecast renewable asset output, while establishing an automation framework for streamlining the company’s operations in servicing the renewable energy market. million in its first year, contributed a $5.5

IT 110

IT Forecasting Machine Learning Modeling 110

CIO Business Intelligence

AUGUST 30, 2022

But although their role has evolved, the technology which helps them is still playing catch-up, with the lack of reliable analytics and data one of the biggest hurdles to progress. A changing role and the need for data. This level of data collection and insight requires the right technology. Data that tells ‘one truth’.

Data-driven 82

Data-driven Finance Digital Transformation Operational Reporting 82

Smart Data Collective

MAY 13, 2022

Various applications, from web-based smart assistants to self-driving cars and house-cleaning robots, run with the help of artificial intelligence (AI). With the growth of business data, it is no longer surprising that AI has penetrated data analytics and business insight tools. It makes data preparation faster.

Business Analytics 134

Business Analytics Analytics Unstructured Data Data-driven 134

Jet Global

JUNE 5, 2019

In the modern era, businesses are continually looking for a competitive advantage—something that will allow them to deliver goods or services at a lower cost, higher quality, and faster speed than their competitors. The path to doing so begins with the quality and volume of data they are able to collect. Toiling Away in the Data Mines.

Data mining 75

Data mining Business Intelligence OLAP Key Performance Indicator 75

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Octopai

AUGUST 8, 2023

Battle Creek, Michigan — July 18, 2023 — Octopai, a global leader in data lineage and business intelligence automation, and Demand Chain AI, a pioneer in AI-driven demand forecasting and supply chain optimization, have today announced a strategic partnership.

Digital Transformation 52

Digital Transformation Metadata Forecasting Data-driven 52

CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions. Data-driven DSS.

Data mining 131

Data mining Data-driven Statistics OLAP 131

FineReport

JUNE 7, 2024

In 2024, data visualization companies play a pivotal role in transforming complex data into captivating narratives. This blog provides an insightful exploration of the leading entities shaping the data visualization landscape. Let’s embark on a journey to uncover the top 10 Data Visualization Companies of 2024.

Visualization 52

Visualization Predictive Analytics Dashboards Predictive Modeling 52

CIO Business Intelligence

JULY 23, 2021

Data visualization platform Tableau is one of the most widely used tools in the rapidly growing business intelligence (BI) space and individuals with skills in Tableau are in high demand. To read this article in full, please click here

Visualization 87

Visualization Forecasting Data-driven Business Intelligence 87

CIO Business Intelligence

MAY 12, 2022

The tools include sophisticated pipelines for gathering data from across the enterprise, add layers of statistical analysis and machine learning to make projections about the future, and distill these insights into useful summaries so that business users can act on them. Visual IDE for data pipelines; RPA for rote tasks.

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

CIO Business Intelligence

JUNE 2, 2020

Data visualization platform Tableau is one of the most widely used tools in the rapidly growing business intelligence (BI) space and individuals with skills in Tableau are in high demand. To read this article in full, please click here

Analytics 103

Analytics Visualization Forecasting Data-driven 103

CIO Business Intelligence

JUNE 29, 2022

There is growing belief that businesses are set to spend huge amounts of money on predictive analytics. While in 2021, the global market for corporate predictive analytics was worth $10 billion, it is forecast to balloon to $28 billion by 2026. One thing is certain: the adoption of predictive analytics will continue.

Predictive Analytics 135

Predictive Analytics Analytics Data-driven Forecasting 135

CIO Business Intelligence

APRIL 5, 2022

For some, leveraging data and analytics tools is proving to be an effective way to address the challenges. Here’s how three organizations are succeeding at using data analytics to improve supply chain operations. Supply chain woes continue to plague organizations around the world and in virtually all sectors.

Analytics 144

Analytics Cost-Benefit Forecasting Manufacturing 144

IBM Big Data Hub

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Data integration and analytics IBP relies on the integration of data from different sources and systems.

Key Performance Indicator 76

Key Performance Indicator Forecasting Sales Data Integration 76

datapine

AUGUST 14, 2019

Data science has become an extremely rewarding career choice for people interested in extracting, manipulating, and generating insights out of large volumes of data. To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

CIO Business Intelligence

MARCH 26, 2024

The new updates to the Contact Center include features such as conversation mining and generative AI -driven survey summarization among other features. The generative AI-driven Survey Summarization feature, on the other hand, uses the Data Cloud and Einstein to identify trends.

Data-driven 96

Data-driven Forecasting Enterprise IT 96

CIO Business Intelligence

OCTOBER 6, 2023

Business analysts (BAs) are responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements, and deliver data-driven recommendations and reports to executives and stakeholders.

IT 126

IT Business Analysis Key Performance Indicator Cost-Benefit 126

CIO Business Intelligence

MAY 28, 2024

From sophisticated cyberattacks targeting government entities to ransomware attacks on businesses, the threat landscape in the UAE is evolving rapidly, presenting significant challenges for CISOs tasked with safeguarding critical assets and data.

Strategy 125

Strategy IoT Risk Forecasting 125

CIO Business Intelligence

JUNE 6, 2024

When used well, genAI has the potential to deliver meaningful societal impact and at the same time transform businesses towards more purpose-driven objectives. By integrating AI-driven information technology (IT) and operational technology (OT), it is improving patient care worldwide while addressing cost pressures and staff shortages.

Cost-Benefit 67

Cost-Benefit IT Data-driven Digital Transformation 67

CIO Business Intelligence

OCTOBER 16, 2023

However, there is one form of AI that will allow businesses to see almost an immediate value: Predictive AI. Predictive AI uses advanced algorithms based on historical data patterns and existing information to forecast outcomes to predict customer preferences and market trends — providing valuable insights for decision-making.

Forecasting 120

Forecasting Machine Learning Software Data-driven 120

FineReport

DECEMBER 9, 2021

Business intelligence strategy is seen as a roadmap designed to help companies measure their performance and strengthen their performance through architecture and solutions. A competent business intelligence strategy should bring companies incomparable competitive advantages. Build a business intelligence roadmap.

Strategy 98

Strategy Business Intelligence KPI Key Performance Indicator 98

DataRobot

JULY 22, 2021

Using machine learning in conjunction with existing business intelligence solutions can give retailers and manufacturers a much more accurate and realistic insight into future demand, even in uncertain times. percent improvement in forecasting accuracy. percent improvement in forecasting accuracy. Not all data is useful.

Manufacturing 52

Manufacturing Forecasting Machine Learning Data-driven 52

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

Smart Data Collective

DECEMBER 22, 2021

Big data technology has become an invaluable asset to so many organizations around the world. There are a lot of benefits of utilizing data technology, such as improving financial reporting, forecasting marketing trends and efficient human resource allocation. You need to know how to utilize it properly.

Big Data 137

Big Data Forecasting Data-driven ROI 137

CIO Business Intelligence

NOVEMBER 17, 2023

Turner helps drive that success by wearing two hats for the company: He oversees a product-driven organization that must develop and deliver innovative services out to hotel owners and guests continuously even as his teams continue to build out IHG’s internal technology stack and services.

Forecasting 128

Forecasting Consulting Data-driven Digital Transformation 128

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. Energy: Forecast long-term price and demand ratios. Forecast financial market trends.

Predictive Analytics 140

Predictive Analytics Analytics Predictive Modeling Forecasting 140

CIO Business Intelligence

DECEMBER 11, 2023

It will strengthen and improve the veracity of financial data, and, most importantly, it will help CFOs take a more active role in value creation. Going even further, some of the most progressive finance teams are incorporating sensor-based IoT data from plants, factories, and even trucking fleets to prioritize capital expenditures.

Finance 93

Finance Forecasting IoT Predictive Modeling 93

CIO Business Intelligence

DECEMBER 7, 2023

A nation known for innovative efficiency was a failure in one key area It goes without saying that the faster and more effectively disasters can be forecasted, detected, and responded to, the better the chance of minimizing damage and saving lives. And the key to success is having data that can be analyzed for actionable insights.

IoT 83

IoT Internet of Things Forecasting Digital Transformation 83

CIO Business Intelligence

APRIL 9, 2024

But the company is out of ideas for finding new money after the collapse of plans to sell its legacy infrastructure management business to an investment fund and its big data business to Airbus. But negotiations to sell that business to investment fund EP Equity Investment collapsed in February 2024.

Forecasting 95

Forecasting Finance Sales Big Data 95

CIO Business Intelligence

APRIL 19, 2024

A scramble to invest in artificial intelligence and a natural replacement cycle for computing devices purchased during the COVID pandemic will lead to an 8% increase in global IT spending this year, Gartner predicted. Many gen AI initiatives are being driven off the board and the C-level executives with this fear of falling behind,” he said.

IT 125

IT Software Cost-Benefit ROI 125

datapine

JUNE 5, 2019

“It is a capital mistake to theorize before one has data.”– Data is all around us. Data has changed our lives in many ways, helping to improve the processes, initiatives, and innovations of organizations across sectors through the power of insight. Let’s kick things off by asking the question: what is a data dashboard?

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

JULY 18, 2022

The 3% increase in total IT spending represents slower growth than in 2021, as the economy as a whole and the IT sector in particular began to recover from the effects of the pandemic, and growth will largely be driven by cloud services and the data center, Gartner said. Cloud Computing, Data Center, Technology Industry

IT 133

IT Uncertainty Data-driven Sales 133

Smarten

APRIL 10, 2023

Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Decisions are made on a more timely basis, problem solving is easier and the business can avoid re-work and damaging missteps in the market. It’s simple!

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52