Smart Data Collective

FEBRUARY 15, 2022

Data analytics has become a very important part of business management. Large corporations all over the world have discovered the wonders of using big data to develop a competitive edge in an increasingly competitive global market. American Express is an example of a company that has used big data to improve its business model.

Marketing 101

Marketing Data Analytics Analytics Big Data 101

Smart Data Collective

MARCH 4, 2022

Two of the biggest advances in technology that are influencing the direction of business are social media and data analytics. Smart businesses will need to know how to leverage data analytics to make the most of their social media strategies. Data Analytics and Social Media Are Collectively Shaping the Future of Business.

Data Analytics 138

Data Analytics Analytics Data Processing Recreation/Entertainment 138

Rocket-Powered Data Science

JULY 6, 2021

The year 2020 was remarkably different in many ways from previous years. In at least one way, it was not different, and that was in the continued development of innovations that are inspired by data. This steady march of data-driven innovation has been a consistent characteristic of each year for at least the past decade.

Data-driven 279

Data-driven Machine Learning IoT Deep Learning 279

Smart Data Collective

MAY 11, 2023

The good news is that big data technology is helping banks meet their bottom line. 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. Big data can help companies in the financial sector in many ways.

Data mining 98

Data mining Big Data Sales Cost-Benefit 98

datapine

MARCH 25, 2019

In our data-rich age, understanding how to analyze and extract true meaning from the digital insights available to our business is one of the primary drivers of success. Despite the colossal volume of data we create every day, a mere 0.5% is actually analyzed and used for data discovery , improvement, and intelligence.

Key Performance Indicator 217

Key Performance Indicator Statistics Visualization Big Data 217

IBM Big Data Hub

JULY 24, 2023

For example, 99% of organizations surveyed by McKinsey said they have pursued a large-scale technology transformation since 2020. This has led to an increase in the importance of IT operations analytics (ITOA), the data-driven process by which organizations collect, store and analyze data produced by their IT services.

IT 57

IT Analytics Cost-Benefit Predictive Analytics 57

Sisense

MAY 11, 2021

You can’t talk about data analytics without talking about data modeling. The reasons for this are simple: Before you can start analyzing data, huge datasets like data lakes must be modeled or transformed to be usable. Building the right data model is an important part of your data strategy. Discover why.

Modeling 84

Modeling Big Data IoT Data Warehouse 84

datapine

NOVEMBER 27, 2019

Data exploded and became big. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. The trends we presented last year will continue to play out through 2020.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 28, 2021

Statistics are infamous for their ability and potential to exist as misleading and bad data. Exclusive Bonus Content: Download Our Free Data Integrity Checklist. Get our free checklist on ensuring data collection and analysis integrity! Here they speak about two use-cases in which COVID-19 data was used in a misleading way.

Statistics 363

Statistics Advertising Visualization Data mining 363

Jet Global

MAY 1, 2023

By leveraging data analysis to solve high-value business problems, they will become more efficient. This is in contrast to traditional BI, which extracts insight from data outside of the app. that gathers data from many sources. These tools prep that data for analysis and then provide reporting on it from a central viewpoint.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52