Smart Data Collective

JANUARY 14, 2021

In 2019, Forbes published an article showing that machine learning can increase productivity of the financial services industry by $140 billion. 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 82

Predictive Analytics Forecasting Analytics Machine Learning 82

Smart Data Collective

SEPTEMBER 12, 2019

Big data is playing an essential role in virtually every facet of the digital marketing sphere. You can use big data to get higher conversion rates with any digital marketing medium, including email marketing. The ROI of email marketing is exceptional already. The Growing Importance of Big Data in Email Marketing.

Big Data 70

Big Data Marketing Data Strategy Strategy 70

Smart Data Collective

JULY 17, 2019

Big data and artificial intelligence technology is going to play an extremely important role in the near future in the future of senior care. They have discovered that machine learning can help improve the ROI of marketing in this industry in a number of ways. The senior care industry is undergoing a massive transformation.

Cost-Benefit 84

Cost-Benefit Machine Learning Advertising Risk 84

Rocket-Powered Data Science

MARCH 10, 2020

In 2019, I was asked to write the Foreword for the book “ Graph Algorithms: Practical Examples in Apache Spark and Neo4j “ , by Mark Needham and Amy E. I wrote an extensive piece on the power of graph databases, linked data, graph algorithms, and various significant graph analytics applications.

Metadata 250

Metadata Machine Learning ROI Prescriptive Analytics 250

Smart Data Collective

MAY 28, 2019

The telecom industry is undergoing some major changes, due to advances in big data. Companies that rely heavily on telephone services should recognize this trend and use big data to get the most value from their services. One way that big data can be especially helpful is by monitoring the ROI of toll-free services.

ROI 74

ROI Analytics Big Data Predictive Analytics 74

Andrew White

JANUARY 11, 2021

On end user clients calls, are you hearing a greater focus on use cases and greater need for prescriptive analytics, ex marketing analytics, sales analytics, healthcare, etc. where performance and data quality is imperative? Yes, prescriptive and predictive analytics remain very popular with clients.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. Costs: The investment in developing and maintaining the solution. “-1”: The formula assures that a positive ROI is achieved only when benefits exceed the costs. Benefits: The combination of strategic benefits (e.g., cost reduction).

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52