Smart Data Collective

JANUARY 14, 2021

Investors are looking towards new machine learning capabilities to get more value out of their strategies by choosing better performing securities. 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.

Predictive Analytics 81

Predictive Analytics Forecasting Analytics Machine Learning 81

Smart Data Collective

APRIL 23, 2021

Data analytics has helped countless companies develop better employee management strategies. They can use data analytics to boost employee morale, lift productivity and minimize turnover. One way that big data can help boost employee morale is by coming up with an ideal gifting strategy. Boost Morale.

Strategy 68

Strategy Data Analytics Analytics Big Data 68

Smart Data Collective

JUNE 18, 2021

We have previously talked about the role of predictive analytics in helping solve crimes. However, big data has also led to some concerns with racial profiling and other biases. Fortunately, machine learning and predictive analytics technology can also help on the other side of the equation.

Predictive Analytics 67

Predictive Analytics Forecasting Analytics Big Data 67

BizAcuity

APRIL 28, 2019

Today, it’s no secret that most forward-thinking businesses are keenly following the latest developments on big data, artificial intelligence, machine learning, and predictive analytics. Using algorithms, AI is now able to store data before making a prediction about something – such as when a debtor is likely to pay.

Predictive Analytics 98

Predictive Analytics Analytics Big Data Data mining 98

Smart Data Collective

JANUARY 19, 2022

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. Big data can be very valuable for product marketing.

Consulting 96

Consulting Data-driven Marketing Strategy 96

Smart Data Collective

OCTOBER 20, 2020

Data analytics is at the forefront of the modern marketing movement. Companies need to use big data technology to effectively identify their target audience and reliably reach them. Every business needs a go-to-market strategy or the GTM strategy to reach the target customers and stay ahead of their competitors.

Marketing 107

Marketing Data Analytics Analytics Big Data 107

Smart Data Collective

JANUARY 10, 2023

Data analytics technology has led to a number of impressive changes in the financial industry. A growing number of financial professionals are investing in data analytics technology to provide better service to their customers. The market for financial data in the United States alone is projected to be worth over $20.8

Finance 98

Finance Data Analytics Analytics Big Data 98

BA Learnings

JANUARY 2, 2023

At the same time, artificial intelligence (AI) technology like IBM Watson can be used for more complex tasks such as predictive analytics or natural language processing (NLP). Adjust Strategies Don't be afraid to adjust strategies based on new findings uncovered by using data and analytics.

Data Analytics 130

Data Analytics Analytics Metrics Testing 130

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

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

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.

Data Analytics 82

Data Analytics Analytics Data Collection Statistics 82

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 billion in the next two years.

Data Analytics 116

Data Analytics Analytics Finance Data mining 116

Smart Data Collective

MAY 3, 2022

Data analytics technology is helping businesses boost profitability in many ways. A few years ago, Walter Baker and his colleagues at McKinsey reported that one of the biggest advantages of big data in business is that it can help with pricing decisions. How Can Data Analytics Help with Creating a Pricing Strategy?

Data Analytics 89

Data Analytics Analytics Big Data Sales 89

Smart Data Collective

MARCH 12, 2020

Big Data Finds New Applications in Fire Safety. Data analytics is a pretty hot topic right now. Perhaps that’s because data analytics is transforming just about every known area of business. Yet, the many benefits of big data go way beyond that. Predicting Future Fires. Improving Response Times.

Data Analytics 92

Data Analytics Analytics Big Data Key Performance Indicator 92

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

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

Smart Data Collective

SEPTEMBER 23, 2021

You may not have thought about creative professionals having a strong foundation in data analytics. Artists are known for their creative insights, rather than their analytical or scientific competencies. However, the world has changed, which means that a background in big data and other types of technology is equally important.

Data Analytics 113

Data Analytics Analytics Cost-Benefit Big Data 113

Smart Data Collective

JANUARY 26, 2022

Increasingly, though, brands and businesses of all sizes expect their legal representatives to leverage and report out – data the same way as the rest of the company. As a result, big law firms have implemented data analytics a top-of-mind priority for in-house attorneys. What is Legal Analytics? Predictive analytics.

Data Analytics 72

Data Analytics Analytics Predictive Analytics Insurance 72

TreehouseTechGroup

JULY 30, 2020

When data analytics, statistical algorithms, and machine learning come together, this super-power, also called predictive analytics, becomes a capability that can have a huge impact on business decisions and results. In business, knowledge is power, and the knowledge of what will happen in the future is a super-power.

Predictive Analytics 52

Predictive Analytics Analytics Statistics Machine Learning 52

Smarten

NOVEMBER 8, 2022

Planning Will Help Your Business Get the Most Out of a Citizen Data Scientist Strategy! Technology research firm Gartner has predicted that 50% of data scientist activities will be automated by artificial intelligence, easing the acute talent shortage.

Strategy 52

Strategy Digital Transformation Predictive Analytics Risk 52

IBM Big Data Hub

NOVEMBER 30, 2023

Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.

Strategy 63

Strategy Cost-Benefit Consulting Data-driven 63

BizAcuity

JUNE 3, 2022

Not if you do not have a reliable strategy in place. Current trends show retailers experimenting with emerging technologies like Predictive Analytics and IoT. From sourcing, production, staff requirement, and strategy are all dependent on demand forecasts. Omnichannel retailing: Challenges & Solutions.

Data Analytics 59

Data Analytics Analytics Forecasting Predictive Analytics 59

Smart Data Collective

NOVEMBER 7, 2019

The benefits of predictive analytics for businesses are numerous. However, predictive analytics can be just as valuable for solving employee retention problems. Towards Data Science discusses some of the benefits of predictive analytics with employee retention.

Predictive Analytics 47

Predictive Analytics Analytics Cost-Benefit Risk 47

Smart Data Collective

JUNE 16, 2021

Many industries are benefiting from changes in data analytics. Call center analytics is changing the industry immensely. However, data analytics isn’t guaranteed to solve all call center challenges without the right strategy in place. This is another area where data analytics can be useful.

Data Analytics 88

Data Analytics Analytics Cost-Benefit Data mining 88

Smart Data Collective

MAY 21, 2021

New advances in data analytics and a wealth of outsourcing opportunities have contributed. Shrewd software developers are finding ways to integrate data analytics technology into their outsourcing strategies. Use data analytics to improve Agile management.

Software 99

Software Data Analytics Analytics Data mining 99

AWS Big Data

MARCH 26, 2024

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data.

Data Strategy 70

Data Strategy Strategy Data Warehouse Prescriptive Analytics 70

InsightOut

FEBRUARY 1, 2023

Data analytics are essential to the successful evolution of your growing business in today's modern world. You have to be able to see the forest for the trees, and it's only with data analytics that you can make this perspective possible. Without a proper data analytics strategy.

Data Analytics 52

Data Analytics Analytics Dashboards Visualization 52

Srividya Sridharan

OCTOBER 22, 2019

It’s T minus two weeks to Forrester’s 2nd Data Strategy & Insights Forum in Austin, TX. Over 300 data and analytics leaders will gather to share, learn and get inspired!

Strategy 83

Strategy Data Analytics Analytics Data Strategy 83

Alation

MARCH 21, 2023

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. Why is data analytics important for travel organizations? Travel can be stressful and emotionally fraught.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Alation

MAY 2, 2023

Hospitality organizations use data analytics to unlock insights, improve operations, and maximize profits. Leveraging analytics enables companies in this space to achieve financial and operational efficiencies while delivering personalized services and offerings. What is data analytics in the hospitality industry?

Data Analytics 52

Data Analytics Analytics ROI Data Governance 52

BizAcuity

MARCH 31, 2022

Combined, it has come to a point where data analytics is your safety net first, and business driver second. AI Adoption and Data Strategy. Lack of a solid data strategy. In order to adopt AI solutions for your business, the best way forward is to first ensure that you have a strong data strategy in place.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

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. But if they wait another three years, they will never catch up.”

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Smart Data Collective

FEBRUARY 5, 2021

Data analytics has made forex trading easier than ever. Unfortunately, some traders are reluctant to take advantage of these opportunities, because they don’t know how to use new data analytics tools to their advantage. AI and Data Analytics Changed Forex Trading Forever. How to Avoid Scams.

Data Analytics 102

Data Analytics Analytics Big Data Predictive Analytics 102

InsightOut

FEBRUARY 1, 2023

Data analytics are essential to the successful evolution of your growing business in today's modern world. You have to be able to see the forest for the trees, and it's only with data analytics that you can make this perspective possible. Without a proper data analytics strategy.

Data Analytics 40

Data Analytics Analytics Dashboards Visualization 40

Alation

MAY 2, 2023

Hospitality organizations use data analytics to unlock insights, improve operations, and maximize profits. Leveraging analytics enables companies in this space to achieve financial and operational efficiencies while delivering personalized services and offerings. What is data analytics in the hospitality industry?

Data Analytics 40

Data Analytics Analytics ROI Data Governance 40

BizAcuity

APRIL 25, 2022

Casinos would do well to think through their marketing strategies, to support growth, differentiate themselves from competitors, and strengthen their relationship with patrons and members. Thanks to data analytics, these decisions can now be backed by data. Real-time decisions can be taken in line with data insights.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

Srividya Sridharan

JUNE 12, 2019

This month’s Insights Beat focuses on the latest research in our insights-driven playbook; showcases multiple data, analytics, and machine-learning vendor evaluations; and shines a light on B2B analytics techniques. Is Your Data Strategy Lacking? (Jeremy Vale and Paolo Santamaria contributed to this post.)

Data Strategy 92

Data Strategy Strategy B2B Data-driven 92

IBM Big Data Hub

APRIL 1, 2024

Stacking strong data management, predictive analytics and GenAI is foundational to taking your product organization to the next level. Using IBM® watsonx.data™, enterprise data can be prepared for various analytical and AI use cases.

Predictive Analytics 79

Predictive Analytics Sales Enterprise Predictive Modeling 79