article thumbnail

Peloton embraces Amazon Redshift to unlock the power of data during changing times

AWS Big Data

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. Meanwhile, the company’s subscribers jumped from around 360,000 in 2019 to 2.76 million at the end of 2022.

article thumbnail

Why Data-Driven Outsourcing Can Be a Massive Win for Your Business

Smart Data Collective

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Control Operational Costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Machine Learning Transforms Life Insurance Beyond the Actuarial Process

Smart Data Collective

The market for data analytics in the insurance sector is projected to be worth nearly $22.5 Many of the applications of big data for insurance companies will be realized with machine learning technology. Many of the applications of big data for insurance companies will be realized with machine learning technology.

article thumbnail

Big Data: The Technology Behind Retailers Success

Smart Data Collective

Key advantages of big data in retail. Wondering why data analytics tools stand out among management, payment processing software and other retail software solutions ? Here’s a brief overview of the top benefits it brings: A better understanding of the customer. Source: Statista.

Big Data 124
article thumbnail

5 Data-Driven Amazon Ads Ideas to Skyrocket Sales

Smart Data Collective

Data-driven business ideas are becoming more important than ever. A growing number of companies have found that big data is the key to reaching more customers. One of the most important benefits of big data in business is with marketing. We previously touched on a number of ways companies use big data for their marketing.

article thumbnail

Interview with: Sankar Narayanan, Chief Practice Officer at Fractal Analytics

Corinium

For instance, for a variety of reasons, in the short term, CDAOS are challenged with quantifying the benefits of analytics’ investments. Some of the work is very foundational, such as building an enterprise data lake and migrating it to the cloud, which enables other more direct value-added activities such as self-service.

Insurance 250
article thumbnail

What’s the Current State of Data Governance and Automation?

erwin

The results of our new research show that organizations are still trying to master data governance, including adjusting their strategies to address changing priorities and overcoming challenges related to data discovery, preparation, quality and traceability. And close to 50 percent have deployed data catalogs and business glossaries.