Smart Data Collective

MARCH 2, 2023

In 2023, big data Is no longer a luxury. 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.

Big Data 82

Big Data Uncertainty Risk Data mining 82

Jedox

OCTOBER 22, 2020

The term “data analytics” refers to the process of examining datasets to draw conclusions about the information they contain. Data analysis techniques enhance the ability to take raw data and uncover patterns to extract valuable insights from it. Data analytics is not new.

Data Analytics 69

Data Analytics Analytics Unstructured Data Data mining 69

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 99

Data mining Big Data Sales Cost-Benefit 99

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. It aims to understand what’s happening within a system by studying external data. Predictive analytics helps to optimize IT operations by intervening before an incident happens.

IT 59

IT Analytics Cost-Benefit Predictive Analytics 59

datapine

NOVEMBER 27, 2019

Suddenly advanced analytics wasn’t just for the analysts. The trends we presented last year will continue to play out through 2020. In 2020, BI tools and strategies will become increasingly customized. Companies are no longer wondering if data visualizations improve analyses but what is the best way to tell each data-story.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Jet Global

MAY 1, 2023

All of the above points to embedded analytics being not just the trendy route but the essential one. Users Want to Help Themselves Data mining is no longer confined to the research department. Today, every professional has the power to be a “data expert.” Diagnostic Analytics: No longer just describing.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52