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%. The final factor that he talked about was “market direction.”

Big Data 91

Big Data Forecasting Machine Learning Marketing 91

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 Forecasting Risk 109

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Forecasts are unreliable and quickly become outdated due to rapid changes and complexity of markets.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

datapine

JUNE 15, 2023

This time, including valuable forecasts for costs and income. Each of these KPIs is tracked in its actual value, its forecast value, and the absolute difference in number and percentage. For instance, we can observe that the net profit has the highest variance from the actual to the forecasted value.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

Smart Data Collective

OCTOBER 19, 2021

As a result of yield farming, the DeFi industry, which is still in its infancy, expects its market valuation to rise to $10 billion by 2020. New developments in data analytics and machine learning have helped accelerate this growth. The evolution of data analytics technology has played a huge role in this process.

Data Analytics 111

Data Analytics Analytics Big Data ROI 111

Cloudera

JANUARY 20, 2021

Digital transformation is a hot topic for all markets and industries as it’s delivering value with explosive growth rates. Reporting – delivering business enterprise insight (sales analysis and forecasting, market research, budgeting as examples).

Digital Transformation 107

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 107

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 58

Optimization Forecasting Data-driven Strategy 58

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

Smart Data Collective

DECEMBER 5, 2019

These are influenced by other sources that affect demand, including customer experience, marketing, sales, schedules, etc. One poll of 40 experts showed that machine learning is essential to helping airlines with their marketing. Predictive analytics will be used much more in airline marketing in the months to come.

Machine Learning 65

Machine Learning Cost-Benefit Strategy Marketing 65

datapine

NOVEMBER 19, 2019

If you don’t pay attention to new changes or keep up the pace, it’s easy to fall behind the times (and the market) while other companies beat you to the punch. Get the inside scoop and learn all the new buzzwords in tech for 2020! The first in our definitive rundown of tech buzzwords 2020 is computer vision. The solution?

Technology 279

Technology Internet of Things IT IoT 279

Smart Data Collective

JULY 2, 2019

The advocates of the “green” model are relying on climate change and increased competition from the renewable market to find new ways to increase production capacity and efficiency. Most forecasts indicate that it is going to increase. Between 2020 and 2025, it will increase again by 43%, reaching almost 2,000 TWh.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

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. Forecasting: As dashboards are equipped with predictive analytics , it’s possible to spot trends and patterns that will help you develop initiatives and make preparations for future business success.

Dashboards 316

Dashboards KPI Sales Visualization 316

bridgei2i

JULY 8, 2020

And, in continuation of our conversations around the impact of COVID-19 on enterprises with thought leaders and industry experts, today we have with us Anand Ganesh – someone who brings in over two decades of experience in leadership positions across technology and consumer markets. Thank you for making the time, Ganesh.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

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 98

Data mining Big Data Sales Cost-Benefit 98

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. Increase sales A prime example is marketing personalization, which can increase sales by up to 20% and customer loyalty by up to 15%. 3] Market Tailor, Personalized marketing for the retail industry , May 2023. [4]

Cost-Benefit 131

Cost-Benefit Sales Data-driven Statistics 131

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 Data 75

Big Data Software Data Analytics Analytics 75

Birst BI

FEBRUARY 13, 2018

Constellation Research predicts that by 2020, 60 percent of mission-critical data will be accessed, rather than owned by enterprises – with external sources including SaaS, social networks, third-party enrichment data and partner information. Data-management capabilities, including data integration and self-service data preparation.

Business Intelligence 66

Business Intelligence Diagnostic Analytics Analytics Visualization 66

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 Data 53

Big Data Software Data Analytics Analytics 53

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. Read on to see our top 10 business intelligence trends for 2020! We are excited to see what this new year will bring.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 4, 2019

Each year, we hear about buzzwords that enter the community, language, market and drive businesses and companies forward. That’s why we have prepared a list of the most prominent business intelligence buzzwords that will dominate in 2020. Exclusive Bonus Content: Get Our 2020 BI Buzzwords Handbook! Cognitive Computing.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Andrew White

JANUARY 11, 2021

How does CDO overlap with Market Research functions? I suspect some of our analysts who cover market research would have insight here. For example, it is possible the CDO is the head of Marketing. So, a market research function can be supported by a CDO however the organization is structured.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

Section 2: Embedded Analytics: No Longer a Want but a Need Section 3: How to be Successful with Embedded Analytics Section 4: Embedded Analytics: Build versus Buy Section 5: Evaluating an Embedded Analytics Solution Section 6: Go-to-Market Best Practices Section 7: The Future of Embedded Analytics Section 1: What are Embedded Analytics?

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

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. The clean energy sector has not been untouched by the big data revolution.

Data Analytics 89

Data Analytics Analytics Big Data Predictive Analytics 89