Smart Data Collective

AUGUST 11, 2022

Data analytics technology has become very important for helping companies manage their financial strategies. Companies are projected to spend nearly $12 billion on financial analytics services by 2028. There are many great benefits of using data analytics to improve financial management strategies.

Data Analytics 116

Data Analytics Optimization Analytics Cost-Benefit 116

Smart Data Collective

MAY 11, 2023

Since the launch of Smart Data Collective, we have talked at length about the benefits of AI for mobile technology. Bhaval Patel of Space-O Technologies wrote a blog post about the growing importance of AI for mobile apps. Keep reading to learn more. AI has been invaluable for e-commerce brands.

Cost-Benefit 97

Cost-Benefit Optimization Data-driven Marketing 97

CIO Business Intelligence

APRIL 25, 2022

Enterprises are betting big on machine learning (ML). According to IDC , 85% of the world’s largest organizations will be using artificial intelligence (AI) — including machine learning (ML), natural language processing (NLP) and pattern recognition — by 2026. Intel® Technologies Move Analytics Forward.

Machine Learning 130

Machine Learning Enterprise Deep Learning Cost-Benefit 130

AWS Big Data

NOVEMBER 30, 2023

Businesses often rely on Amazon Simple Storage Service (Amazon S3) for storing large amounts of data from various data sources in a cost-effective and secure manner. As an AWS Data & Analytics Competency partner, Teradata offers a complete cloud analytics and data platform, including for Machine Learning.

IT 98

IT Visualization Machine Learning Data Integration 98

Smart Data Collective

MARCH 30, 2022

Analytics technology is taking the ecommerce industry by storm. Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are.

Analytics 115

Analytics Cost-Benefit Testing Dashboards 115

CIO Business Intelligence

JANUARY 31, 2023

Many industries already benefit from the transformative power of advanced digitalization. Likewise, greater interest in vehicle-to-grid (V2G) technologies and smart appliances is adding complexity in terms of power flows that necessitate more intelligent metering at the edge. Just starting out with analytics?

Deep Learning 105

Deep Learning Cost-Benefit Data-driven Manufacturing 105

CIO Business Intelligence

APRIL 11, 2022

More cities than ever before are investing in smart city technology and changing how cities operate. There are many benefits that come along with making a city “smart.” This combination allows the solution to apply advanced analytical processing to facilitate safety decision making. Intel® Technologies Move Analytics Forward.

IoT 145

IoT Measurement Cost-Benefit Deep Learning 145

Smart Data Collective

MAY 21, 2019

However, there are other benefits of big data that are just as important but receive far less publicity. Disaster planning is one of the areas that can benefit from big data solutions. In 2016, cyber-attacks cost the United States economy between $57 billion and $109 billion. Predictive analytics technology is helpful for both.

Big Data 77

Big Data Cost-Benefit Predictive Analytics Insurance 77

IBM Big Data Hub

JULY 24, 2023

It is often a part of AIOps , which uses artificial intelligence (AI) and machine learning to improve the overall DevOps of an organization so the organization can provide better service. Knowing the latter is increasingly important for organizations using the cloud to baseline their usage to eliminate unnecessary costs.

IT 57

IT Analytics Cost-Benefit Predictive Analytics 57

CIO Business Intelligence

JANUARY 4, 2023

Moving forward, we will see workflows that are more capable and widely adopted to facilitate edge-core-cloud needs like generating meshes, performing 3D simulations, performing post-simulation data analysis, and feeding data into machine learning models—which support, guide, and in some case replace the need for simulation.

Cost-Benefit 58

Cost-Benefit Machine Learning Modeling Uncertainty 58

Smart Data Collective

OCTOBER 21, 2021

It should be no surprise that the video gaming industry has been heavily influenced by developments in data technology. One of the biggest benefits of integrating data analytics, AI and other technologies into video games is that it can help improve the user experience.

Big Data 130

Big Data Testing Advertising Cost-Benefit 130

Smart Data Collective

DECEMBER 2, 2021

We have talked about the benefits of using big data in online marketing. There are a number of reasons that data analytics and AI are becoming so important to the future of SMS marketing. Some of the benefits are listed below: You can use data analytics to monitor engagement and see how many customers open your texts.

Data-driven 100

Data-driven Marketing Strategy Advertising 100

CIO Business Intelligence

JUNE 1, 2022

and artificial intelligence (AI) and machine learning (ML) technologies. . Existing digital twin models can look at what’s happening in real-time and predictive analytics can help understand future potential benefits or pitfalls with designs and strategies. . Intel® Technologies Move Analytics Forward.

Manufacturing 108

Manufacturing Digital Transformation Predictive Analytics Strategy 108

Smarten

DECEMBER 3, 2023

Let’s look at some of the reasons business intelligence (BI) and augmented analytics are important to your business and the benefits this type of solution can provide for your enterprise. The benefits of self service analytics are too numerous to mention. The benefits of self service analytics are too numerous to mention.

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

CIO Business Intelligence

APRIL 12, 2022

As the transportation industry continues to evolve, converging technologies such as 5G and powerful edge compute will enable the next generation of prescriptive and adaptive data-driven outcomes benefiting passengers, the industry and sustainability. States and local municipalities also benefit from dynamic pricing.

IT 71

IT Cost-Benefit IoT Machine Learning 71

Smarten

NOVEMBER 3, 2022

Finance and Accounting Pros Improve Value with Integrated Tally ERP Analytics. Technology research firm Gartner states that, ‘40% of application development teams will be using automated data science and machine learning services to build models that add AI capabilities to their applications.’. ‘By

Analytics 52

Analytics Key Performance Indicator Finance Sales 52

Cloudera

MAY 28, 2019

Gartner states that “By 2022, 75% of new end-user solutions leveraging machine learning (ML) and AI techniques will be built with commercial instead of open source platforms” ¹. Learn more about the Cloudera Data Science Workbench for the end-to-end ML workflow at our bi-weekly webinar series featuring live expert demos and Q&A.

Data Science 49

Data Science Machine Learning Data Strategy Cost-Benefit 49

Smart Data Collective

FEBRUARY 10, 2020

Benefits of Relying on Big Data to Manage Your Education. If someone wants to succeed in reaching their educational objectives, they must be ready to learn very complicated concepts. The benefits of these tools are essential for helping minimize the stress of studying. As such, they should be taken care of at all costs.

Big Data 101

Big Data Technology Software Cost-Benefit 101

CIO Business Intelligence

MAY 16, 2022

The data gathered from cameras and sensors as part of a computer vision system, along with machine learning, make it easier to find missing persons and to identify people who are not allowed to be in a venue. Benefits of real-time situational awareness and insights for the entertainment industry.

Recreation/Entertainment 88

Recreation/Entertainment Broadcasting Cost-Benefit Advertising 88

Smart Data Collective

MARCH 14, 2022

Data analytics technology is becoming a more important aspect of business models in all industries. They need to leverage analytics strategically to maximize their revenue. Data Analytics is an Invaluable Part of SaaS Revenue Optimization. Customer acquisition cost – how much it costs to acquire a new customer.

Modeling 98

Modeling Analytics Sales Key Performance Indicator 98

CIO Business Intelligence

APRIL 4, 2022

Deep link analytics combined with real-time analysis and machine learning provide a robust platform for detecting and preventing fraud. Graph database technology can provide benefits beyond fraud detection. Intel® Technologies Move Analytics Forward. Just starting out with analytics?

Technology 52

Technology Deep Learning Cost-Benefit Data Quality 52

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). Applied Analytics. It's all about the approach.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

Sisense

JANUARY 13, 2020

Manufacturing constantly seeks ways to increase efficiency, reduce costs, and unlock productivity and profitability. With embedded analytics, it’s no longer necessary for data analysts to feed the data lake to the stand-alone cloud data warehouse, then mash up the data and verify the results. It’s easy to see why.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

Smart Data Collective

JUNE 30, 2023

We have written extensively about the benefits of using artificial intelligence in the financial sector. This article explores the benefits and limitations of AI in personal finance management and highlights tools and solutions for achieving financial goals.

Insurance 80

Insurance Finance Cost-Benefit Strategy 80