Smart Data Collective

OCTOBER 13, 2021

Patterns, trends and correlations that may go unnoticed in text-based data can be more easily exposed and recognized with data visualization software. Data virtualization is becoming more popular due to its huge benefits. billion on data virtualization services by 2026. What benefits does it bring to businesses?

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 regulations, undergoing digital transformation and the need for cost-cutting. A 40% reduction in inventory costs.

Optimization 76

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 76

AWS Big Data

MARCH 26, 2024

This view is used to identify patterns and trends in customer behavior, which can inform data-driven decisions to improve business outcomes. In 2022, AWS commissioned a study conducted by the American Productivity and Quality Center (APQC) to quantify the Business Value of Customer 360.

Data Strategy 70

Data Strategy Strategy Data Warehouse Prescriptive Analytics 70