Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade.

Business Intelligence 102

Business Intelligence Predictive Analytics Data Collection Internet of Things 102

Cloudera

AUGUST 3, 2021

January 2020 is a distant memory, but for most, the early days of the pandemic was a time that will be ingrained in memories for decades, if not generations. Consider that e-commerce’s acceleration due to the pandemic saw retailers’ digital sales penetration realize 10 years of growth in just the first three months of 2020 alone. .

Analytics 109

Analytics Digital Transformation Risk Forecasting 109

Smart Data Collective

OCTOBER 19, 2021

Data analytics has become a major gamechanger for the cryptocurrency industry. One of the newest applications of data analytics in cryptocurrency mining is with yield farming. Data Analytics Helps Set the Future of Yield Farming for Cryptocurrency Traders. Data analytics can help with the mining process as well.

Data Analytics 113

Data Analytics Analytics Big Data ROI 113

Smart Data Collective

MARCH 2, 2023

One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Companies which require immediate business funding are using data analytics tools to research and better understand their options. In 2023, big data Is no longer a luxury.

Big Data 82

Big Data Uncertainty Risk Data mining 82

Smart Data Collective

SEPTEMBER 27, 2021

Sophisticated data analytics capabilities can handle this task in a fraction of the time that it used to take. Analysis and Forecasting Markets with Modern Technology. One of the hardest parts of trading is predicting what will happen in the future with markets.

Big Data 109

Big Data Technology Forecasting Machine Learning 109

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. A performance report is an analytical tool that offers a visual overview of how a business is performing in a specific strategy, project, or department.

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

Smart Data Collective

AUGUST 31, 2020

Predictive analytics models have proven to be remarkably effective with the stock futures market. One company that uses big data to forecast stock prices has found that its algorithms outperform similar forecasts by 26%. O’Neill wrote about a system with seven factors that he uses to forecast the prices of various assets.

Big Data 91

Big Data Forecasting Machine Learning Marketing 91

Jet Global

JUNE 18, 2019

quintillion bytes of data are currently created every single day—and it’s estimated that by 2020, 1.7MB of data will be created every second for every person on earth. What is Big Data Analytics Software? According to DOMO’s annual report on data generation , over 2.5 Big Business Needs Big Data. Manufacturing.

Big Data 75

Big Data Software Data Analytics Analytics 75

IBM Big Data Hub

AUGUST 7, 2023

This article, part of the IBM and Pfizer’s series on the application of AI techniques to improve clinical trial performance, focuses on enrollment and real-time forecasting. However, we have observed that greater value comes from employing ensemble methods to achieve more accurate and robust predictions.

Optimization 61

Optimization Forecasting Data-driven Strategy 61

Cloudera

JANUARY 20, 2021

Consider that Manufacturing’s Industry Internet of Things (IIOT) was valued at $161b with an impressive 25% growth rate, the Connected Car market will be valued at $225b by 2027 with a 17% growth rate, or that in the first three months of 2020, retailers realized ten years of digital sales penetration in just three months.

Digital Transformation 106

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 106

Smart Data Collective

JULY 2, 2019

Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field. One expert from Spain that is working on new data analytics solutions for renewable energy is named Aristotle. Most forecasts indicate that it is going to increase. Here are some of their findings.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

Jedox

JUNE 25, 2020

Forecasts are unreliable and quickly become outdated due to rapid changes and complexity of markets. For this, modern planning software together with artificial intelligence-based (AI-based) predictive analytics can provide important support by evaluating historical data to derive forecasts for further development.

Technology 94

Technology Finance Cost-Benefit Forecasting 94

Jet Global

MAY 1, 2023

Introduction Why should I read the definitive guide to embedded analytics? But many companies fail to achieve this goal because they struggle to provide the reporting and analytics users have come to expect. The Definitive Guide to Embedded Analytics is designed to answer any and all questions you have about the topic.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Jet Global

OCTOBER 3, 2019

quintillion bytes of data are currently created every single day—and it’s estimated that by 2020, 1.7MB of data will be created every second for every person on earth. What is Big Data Analytics Software? According to DOMO’s annual report on data generation , over 2.5 Big Business Needs Big Data. Manufacturing.

Big Data 53

Big Data Software Data Analytics Analytics 53

Cloudera

JANUARY 25, 2022

As roles within organizations evolve (as seen by the growth of citizen scientists and analytics engineers) and as data needs change (think schema changes and real-time), we need more intelligent ways to perform visual exploration, data interrogation, and share insights. Jump start your journey with AMPs.

Visualization 88

Visualization Machine Learning Predictive Analytics Data-driven 88

Jedox

JANUARY 16, 2019

1: Predictive Analytics. The progression from descriptive to diagnostic to predictive analytics will continue to accelerate. This also has the additional benefit of moving the FP&A function further up both the analytical intelligence and value creation curves. 3: Dynamic Planning, Budgeting and Forecasting.

Finance 45

Finance Forecasting Predictive Analytics Cost-Benefit 45

Jedox

JULY 17, 2018

According to Forrester’s 2018 predictions for AI*, 70% of enterprise expect to implement AI over the next 12 months. And by 2020, Gartner says AI technologies will be virtually pervasive in almost every new software product and service**. Forbes 2018, 10 Predictions For AI, Big Data, And Analytics in 2018.

Machine Learning 47

Machine Learning Technology Digital Transformation Predictive Analytics 47

DataRobot Blog

JANUARY 29, 2020

World Economic Forum’s 2020 Future of Jobs report continues to forecast a bright outlook for Data, AI, and Cloud Computing professionals. by Jen Underwood. The Jobs of Tomorrow: Mapping Opportunity in the New. Read More.

Forecasting 80

Forecasting Reporting Predictive Analytics Data Science 80

Smarten

JANUARY 24, 2019

AutoML comes into play as business users leverage systems and solutions that are designed with Machine Learning capabilities to predict outcomes and analyze data. Take for example, the task of performing predictive analytics.

Machine Learning 40

Machine Learning Predictive Modeling Predictive Analytics Forecasting 40

Jet Global

NOVEMBER 8, 2021

As technology-enabled automation and analytics have become more powerful and affordable than ever before, necessity meets opportunity. Naturally, finance teams play a lead role in planning and budgeting, setting meaningful targets for the organization, and in forecasting likely outcomes based on current conditions.

Finance 52

Finance Predictive Analytics Reporting Uncertainty 52

datapine

JUNE 5, 2019

According to the EMC Digital Universe study, by 2020, around 40 trillion megabytes – or 40 zettabytes – will exist in our digital landscape. Exclusive Bonus Content: Ready to make analytics straightforward? A data dashboard assists in 3 key business elements: strategy, planning, and analytics. Arthur Conan Doyle.

Dashboards 316

Dashboards KPI Sales Visualization 316

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. The fill report is here: Leadership Vision for 2021: Data and Analytics. What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Smart Data Collective

APRIL 22, 2020

Whether to help us mount a defense, adjust our personal habits or anticipate where the disease will take the heaviest toll, each of the following risk factors plays a role in analytical models : Age, location and socioeconomic status. Successfully “predicting life and death” has taken on a new and urgent importance.

Big Data 111

Big Data Machine Learning Risk Interactive 111

Smart Data Collective

DECEMBER 5, 2019

Predictive analytics will be used much more in airline marketing in the months to come. These systems have been heralded by many for their ability to forecast demand, allowing airlines to manage the availability of inventory, a.k.a. Is Machine Learning Truly Helping Airlines? The answer to that question is not straightforward.

Machine Learning 65

Machine Learning Cost-Benefit Strategy Marketing 65

bridgei2i

JULY 8, 2020

In the short run, this means they have to get their demand forecast right. Now, how do you use signals from a pre-COVID world to predict a post-COVID demand scenario? 2020 will long be remembered for the pandemic that wreaked havoc on the global economy and disrupted communities and businesses in unprecedented ways.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

Jedox

OCTOBER 8, 2020

It also underscored the importance of creating data-driven modeling capabilities, and developing the people, processes, mindset and technology to create a true culture of analytics within our organizations. The oil collapse of 2014 is another example of the importance of scenario planning.

Uncertainty 75

Uncertainty Cost-Benefit Unstructured Data Data-driven 75

Birst BI

AUGUST 23, 2018

For example, there are a plethora of software tools available to automatically develop predictive models from relational data, and according to Gartner, “By 2020, more than 40% of data science tasks will be automated, resulting in increased productivity and broader usage by citizen data scientists.” [1]

Machine Learning 73

Machine Learning Data Science Testing Metrics 73

Jet Global

MAY 4, 2021

As the first in-memory database for SAP, HANA was revolutionary, bringing together the best characteristics of both traditional online transaction processing and online analytical processing. After that, we will cover some of the key factors to consider as you plan your strategy for financial reporting and analytics on S/4HANA.

Reporting 52

Reporting IT Finance Data Warehouse 52

Domino Data Lab

JUNE 2, 2019

And by “scale” I’m referring to what is arguably the largest, most successful data analytics operation in the cloud of any public firm that isn’t a cloud provider. Daniel Kahneman @ #dominorev #rev2 #keynote #DataScience #data #AccuLogique #data4good #analytics #ThisIsNYC pic.twitter.com/hb7huNLgC4. " – Prof. Rev 2 wrap up.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Smart Data Collective

MAY 11, 2023

Therefore, it should be no surprise that the market for data analytics is growing at a rate of nearly 23% a year after being worth $744 billion in 2020. Predictive analytics and other big data tools help distinguish between legitimate and fraudulent transactions.

Data mining 99

Data mining Big Data Sales Cost-Benefit 99

CIO Business Intelligence

NOVEMBER 13, 2023

The growth rate for online purchases spiked to 32% in 2020 and has continued to grow by double digits since then. 3 The ability to perform real-time analytics and artificial intelligence (AI) on customer data at the point of creation enables hyper-personalized interactions at scale.

Cost-Benefit 121

Cost-Benefit Sales Data-driven Statistics 121

Birst BI

FEBRUARY 13, 2018

Today, Constellation Research , a leading technology research and advisory firm based in Silicon Valley, announced that Birst, an Infor company, for the fourth consecutive time, has been named to the Constellation ShortList for Cloud-Based Business Intelligence and Analytics Platforms.

Business Intelligence 66

Business Intelligence Diagnostic Analytics Analytics Visualization 66

Smart Data Collective

MAY 19, 2021

Many energy conglomerates have started embracing data analytics to expand their markets, respond to new trends, streamline operations and bolster efficiency. They are exploring the wonders of AI and predictive analytics to drive these changes. New analytics and AI tools will change the industry considerably in the years to come.

Data Analytics 89

Data Analytics Analytics Big Data Predictive Analytics 89