IBM Big Data Hub

FEBRUARY 14, 2024

Other uses include Netflix offering viewing recommendations powered by models that process data sets collected from viewing history; LinkedIn uses ML to filter items in a newsfeed, making employment recommendations and suggestions on who to connect with; and Spotify uses ML models to generate its song recommendations.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

Smarten

DECEMBER 13, 2022

With business users on board, the enterprise can capitalize on its strategy and optimize return on investment (ROI) and total cost of ownership (TCO) for its technology investment. Gartner predicts that, ‘overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’.

Cost-Benefit 52

Cost-Benefit B2B Optimization Predictive Modeling 52

IBM Big Data Hub

JUNE 29, 2023

When a critical asset like an expensive piece of machinery or infrastructure breaks unexpectedly, it affects customers and can cost companies millions. Enterprises are constantly looking for new ways to optimize performance, increase reliability and extend asset lifespans—all without adding unnecessary costs. What is an asset?

Cost-Benefit 80

Cost-Benefit Measurement Management Predictive Analytics 80

Smarten

NOVEMBER 26, 2023

It includes predictive and prescriptive analytics and is used to gain insight into data and plan for the future using sophisticated features like key influencer analytics, sentiment analysis, embedded business intelligence, assisted predictive modeling, anomaly alerts, natural language processing (NLP) for simple search analytics and other features.

Marketing 40

Marketing Business Intelligence Key Performance Indicator Prescriptive Analytics 40

Smarten

FEBRUARY 13, 2022

When the business combines Modern BI tools with advanced analytics, it can encourage user adoption with tools that are easy and intuitive to use, thereby improving total cost of ownership (TCO) and return on investment (ROI).’.

Analytics 52

Analytics Key Performance Indicator Business Intelligence ROI 52

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

Others argue that there will still be a unique role for the data scientist to deal with ambiguous objectives, messy data, and knowing the limits of any given model. Based on the decisions being made and how quickly plans can adjust to new forecast updates, what is the cost of forecasting too high or too low? 95th percentile).

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

DataRobot Blog

APRIL 1, 2022

But the secret for getting an actual benefit from AI is not as simple as developing some models or purchasing an AI platform. Steward uses machine learning to make big decisions about staff and patients, reduce costs, and improve patient outcomes and experiences, and they have already started achieving their goal of decreasing costs.

Machine Learning 59

Machine Learning Cost-Benefit Predictive Modeling Modeling 59

Smarten

JUNE 14, 2019

In this, the last article in our three-article series we discuss Natural Language Processing and how it can benefit a business. How Does NLP-Based Analytics Benefit a Business Organization? Part 2 of 3 articles)’ Original Post: What is Natural Language Processing & How Does it Benefit a Business?

Cost-Benefit 40

Cost-Benefit IT Predictive Modeling Business Intelligence 40

IBM Big Data Hub

AUGUST 28, 2023

Text mining —also called text data mining—is an advanced discipline within data science that uses natural language processing (NLP) , artificial intelligence (AI) and machine learning models, and data mining techniques to derive pertinent qualitative information from unstructured text data. What is text mining?

Data mining 53

Data mining Machine Learning Deep Learning Marketing 53

Smarten

NOVEMBER 3, 2017

Business users can quickly and easily prepare and analyze data and visualize and explore data, notate and highlight data and share data with others to identify the important ‘nuggets’, buried in traditional data, and to connect the dots, find exceptions, identify patterns and trends and better predict results.

Analytics 40

Analytics Visualization Experimentation Cost-Benefit 40

Smarten

JULY 3, 2017

When an enterprise selects a self-serve business intelligence solution with Advanced Data Discovery , Smart Data Visualization , Plug n’ Play Predictive Analysis and Self-Serve Data Preparation , it can create an environment where business users are empowered and become greater assets to the organization.

Predictive Modeling 40

Predictive Modeling Visualization Business Intelligence Experimentation 40

O'Reilly on Data

SEPTEMBER 15, 2020

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

Cost-Benefit 294

Cost-Benefit Advertising ROI Machine Learning 294

Occam's Razor

JANUARY 7, 2019

You'll be surprised by the steep drop in Cost per Acquisition. What the cost of getting a retail customer to make subsequent purchases over mobile apps lower? Does swapping out male model posters for cute animals triple sales? Throw away your custom attribution model. The Step Change Analytics Obsessions List.

Marketing Analytics 88

Marketing Analytics Marketing Analytics Strategy 88

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. It will ultimately help them spot new business opportunities, cut costs, or identify inefficient processes that need reengineering.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Alation

MAY 2, 2023

Data analytics techniques, such as machine learning (ML), artificial intelligence (AI), and predictive modeling, can help businesses extract valuable insights from this data to improve operations and customer experience. What are the benefits of data analytics in the hospitality industry?

Data Analytics 52

Data Analytics Analytics ROI Data Governance 52

Alation

MAY 2, 2023

Data analytics techniques, such as machine learning (ML), artificial intelligence (AI), and predictive modeling, can help businesses extract valuable insights from this data to improve operations and customer experience. What are the benefits of data analytics in the hospitality industry?

Data Analytics 40

Data Analytics Analytics ROI Data Governance 40

Jet Global

MAY 1, 2023

These benefits provide a 360-degree feedback loop. In this new era, users expect to reap the benefits of analytics in every application that they touch. Users are coming to expect sophisticated analytics at little or no cost. All benefit from the enhanced functionality and additional reporting and analytics.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52