Smart Data Collective

JULY 16, 2023

The market for financial analytics was worth $8.2 billion in 2021 and is expected to be worth over $19 billion in 2030. According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI.

ROI 71

ROI Data Analytics Analytics Risk Management 71

Smart Data Collective

JULY 21, 2022

Data analytics is incredibly valuable for helping people. More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. This dependency poses the risks of increased costs, time and effort, and project delays.

Data-driven 135

Data-driven Big Data Cost-Benefit Data Analytics 135

IBM Big Data Hub

JULY 11, 2023

According to Statista , the artificial intelligence (AI) healthcare market, valued at $11 billion in 2021, is projected to be worth $187 billion in 2030. AI-enabled robots can work around sensitive organs and tissues, reducing blood loss, infection risk and post-surgery pain. How does artificial intelligence benefit healthcare?

Deep Learning 59

Deep Learning Cost-Benefit Insurance Machine Learning 59

Smart Data Collective

AUGUST 29, 2022

Predictive analytics. Predictive analytics uses historical data to predict future trends and models , determine relationships, identify patterns, find associations, and more. ” Although most BI tools have out-of-the-box solutions for predictive analytics, there are prerequisites and limitations.

Analytics 116

Analytics Predictive Analytics Machine Learning Insurance 116

IBM Big Data Hub

DECEMBER 20, 2023

Machine learning (ML) technologies can drive decision-making in virtually all industries, from healthcare to human resources to finance and in myriad use cases, like computer vision , large language models (LLMs), speech recognition, self-driving cars and more. However, the growing influence of ML isn’t without complications.

Machine Learning 81

Machine Learning Modeling Deep Learning Predictive Modeling 81

Cloudera

NOVEMBER 14, 2023

For instance, the UN’s 2030 Agenda for Sustainable Development has identified 17 goals for sustainability — and this can’t be highlighted enough — of which financial inclusion is “positioned prominently as an enabler in eight of the 17.” Here are some real-world ways data and AI can serve the underserved.

Cost-Benefit 73

Cost-Benefit Unstructured Data Data-driven Risk 73

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually.

Machine Learning 78

Machine Learning Manufacturing Cost-Benefit Deep Learning 78