Smart Data Collective

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Only 32% of executives have officially laid out a data strategy to drive their organization. What is Lean Thinking?

Data-driven 123

Data-driven Optimization Big Data Data Strategy 123

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. However, there are even more important benefits of using big data during a bad economy. Some of these benefits include the following.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Smart Data Collective

NOVEMBER 2, 2022

The industry has access to massive amounts of data, so it should leverage them to make the most of their customer outreach and support strategies. Martech author Allen Martinez talks about the benefits of big data in Fintech marketing. These companies need to employ detailed data strategies to find the right prospects.

Marketing 137

Marketing Big Data Data-driven Sales 137

Cloudera

MAY 28, 2019

What emerges is the criticality of a data strategy and core data management competency, including both data and model management, to support enterprise ML initiatives. Gartner, Top 10 Data and Analytics Technology Trends That Will Change Your Business , Rita Sallam , Donald Feinberg , Mark Beyer , W.

Data Science 48

Data Science Machine Learning Data Strategy Cost-Benefit 48

Grooper

AUGUST 19, 2019

C-level executives and professionals alike must learn to speak a new language - data. The benefit of speaking data, a.k.a. Information as a Second Language (ISL), lies entirely in the value of achieving business outcomes through analytics and business intelligence (BI). Increasing data literacy is the answer.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54