Smart Data Collective

MARCH 10, 2022

Data analytics is giving us more insights into many of the most pressing challenges that we have faced as a society. Analytics Insight shared a list of 10 major ways that big data is changing politics. The biggest benefits relate to using big data to understand voters and create models of voting patterns in various districts.

Data Analytics 100

Data Analytics Analytics Big Data Cost-Benefit 100

Jen Stirrup

OCTOBER 30, 2022

Historical analytics can help to support the marketing process, which can also be augmented by predictive analytics, alternatively known as data mining, which can help to identify patterns in customer behavior. The customer behavior patterns found can be used to make more informed, quicker decisions about targeting customers.

Data mining 52

Data mining Predictive Analytics Cost-Benefit OLAP 52

Jedox

OCTOBER 8, 2020

It’s not the role of FP&A to predict the plethora of possible causes for a change in the business landscape. It’s about the preparation for a range of possible outcomes, the likelihood of each outcome, and developing corresponding strategies to maximize the long-term benefit. That brings us to today.

Uncertainty 75

Uncertainty Cost-Benefit Unstructured Data Data-driven 75

Smart Data Collective

JULY 31, 2022

Predictive analytics technology has become essential for traders looking to find the best investing opportunities. Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. Analytics Vidhya, Neptune.AI

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Predictive Analytics Analytics Uncertainty Forecasting 134

Occam's Razor

NOVEMBER 18, 2014

Short story #2: Predictive Modeling, Quantifying Cost of Inaction. Three cool benefits: 1. Short story #2: Predictive Modeling, Quantifying Cost of Inaction. The work of the New York Times team inspired me it to do some predictive modeling for inaction in our world of digital marketing. It sounded scary.

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Visualization Slice and Dice Predictive Modeling Metrics 143