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

Smart Data Collective

JULY 24, 2019

Big data is often used to make the world safer. We can use big data to develop better predictive analytics tools to identify risks and take the right precautions. One of the best examples is with using big data to protect driver safety. The Role of Big Data in Highway Safety.

Big Data 73

Big Data Reporting Risk Cost-Benefit 73

datapine

MAY 14, 2019

“Big data is at the foundation of all the megatrends that are happening.” – Chris Lynch, big data expert. We live in a world saturated with data. Zettabytes of data are floating around in our digital universe, just waiting to be analyzed and explored, according to AnalyticsWeek. In 2013, less than 0.5%

Data Science 350

Data Science Machine Learning Data-driven Big Data 350

Howard Dresner

JANUARY 20, 2014

Examples: user empowerment and the speed of getting answers (not just reports) • There is a growing interest in data that tells stories; keep up with advances in storyboarding to package visual analytics that might fill some gaps in communication and collaboration • Monitor rumblings about trend to shift data to secure storage outside the U.S.

Business Intelligence 56

Business Intelligence Software Data Processing Marketing 56

Howard Dresner

DECEMBER 14, 2013

Some tweeted that the tangling of BI into the Big Data space causes confusion, it’s a mistake to try to get end users to adopt “analyst tools” and we must stop force-feeding generic analysis tools to end users even if they are “simple” to use. The tweets started with opinions about what hampers user adoption.

Business Intelligence 40

Business Intelligence Interactive Data Processing Predictive Analytics 40

Jet Global

MAY 1, 2023

In the past, data visualizations were a powerful way to differentiate a software application. Companies like Tableau (which raised over $250 million when it had its IPO in 2013) demonstrated an unmet need in the market. Ideally, your primary data source should belong in this group. Predictive Analytics: If x, then y (e.g.,

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52