Smart Data Collective

DECEMBER 13, 2021

E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing. You simply can’t afford to ignore the benefits of using big data in this business.

Data-driven 132

Data-driven Marketing Strategy Big Data 132

Smart Data Collective

SEPTEMBER 22, 2021

We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. However, there are also a number of ways to use data analytics technology to execute your offline marketing strategies such as print marketing effectively as well. Saving Time & Efficiency.

Management 99

Management Cost-Benefit Big Data Data-driven 99

Smart Data Collective

JUNE 16, 2021

Many industries are benefiting from changes in data analytics. Call center analytics is changing the industry immensely. However, data analytics isn’t guaranteed to solve all call center challenges without the right strategy in place. The good news is that data analytics technology can help with employee training.

Data Analytics 90

Data Analytics Analytics Cost-Benefit Data mining 90

Smart Data Collective

JANUARY 12, 2022

Companies in the financial sector aren’t the only ones discovering the benefits of using data analytics for financial management. Small business owners in many other industries are using new data analytics platforms to address many of the financial issues that they are facing. Fraud risks.

Data Analytics 116

Data Analytics Analytics Finance Data mining 116

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

Smart Data Collective

JANUARY 14, 2022

The market for analytics technology in the banking sector is projected to be worth over $5.4 Banks turn to Data Analytics as Demand for Digital Services Grows. You can learn more about these benefits by reading his insights. billion by 2026. Advanced Security and User Management.

Big Data 106

Big Data Cost-Benefit Finance Data-driven 106

CIO Business Intelligence

JANUARY 20, 2023

Companies benefit by keeping or acquiring geographically-dispersed top talent often attracted to a flexible work environment. 2] In this arena, desktop virtualization and cloud technologies will play starring roles. 2] In this arena, desktop virtualization and cloud technologies will play starring roles.

Technology 57

Technology Cost-Benefit Deep Learning Modeling 57

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

Smart Data Collective

JULY 20, 2022

A lot of analytics tools make it easier to monitor the performance of various strategies, so companies can use their resources more wisely. The insights derived from data analytics tools allows them to avoid wasting time on tasks that don’t pay real dividends. This illustrates the benefits of combining big data and lean thinking.

Data-driven 124

Data-driven Optimization Big Data Data Strategy 124

Smart Data Collective

NOVEMBER 29, 2021

Many business owners have discovered the wonders of using big data for a variety of common purposes, such as identifying ways to cut costs, improve their SEO strategies with data-driven methodologies and even optimize their human resources models. This is where data analytics technology can come in handy. Define Your Objectives.

Data Analytics 111

Data Analytics Analytics Big Data B2B 111

BizAcuity

FEBRUARY 22, 2019

The financial analytics when used as an add on with event management software is providing more reliable and timely financial reports that is emerging as the main factors the success of an event management firm or company from the perspective of its bankers, analysts, and investors.

Analytics 75

Analytics Cost-Benefit Finance Sales 75

Sisense

JANUARY 13, 2020

Manufacturing constantly seeks ways to increase efficiency, reduce costs, and unlock productivity and profitability. At the same time, data can inform a company about potential markets so it can judge how much risk an innovation carries. Advanced data analytics can overcome this issue without incurring huge costs.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

Cloudera

MAY 28, 2019

And as part of Cloudera’s data platform for unified, multi-function analytics on shared data anywhere, CDSW brings data science securely to your data and other analytics workflows, capitalizing on your foundational enterprise data management capabilities versus driving silos and the associated costs and security risks.

Data Science 50

Data Science Machine Learning Data Strategy Cost-Benefit 50

AWS Big Data

MAY 28, 2024

With the addition of Flink support in EMR on EKS, you can now run your Flink applications on Amazon EKS using the EMR runtime and benefit from both services to deploy, scale, and operate Flink applications more efficiently and securely. Amazon EMR on EKS natively integrates tools and functionalities to enable these—and more.

Data Processing 104

Data Processing Cost-Benefit Metadata Optimization 104

Smart Data Collective

JULY 31, 2022

Modern investors have a difficult time retaining a competitive edge without having the latest technology at their fingertips. Predictive analytics technology has become essential for traders looking to find the best investing opportunities. We have talked about a lot of the benefits of using predictive analytics in finance.

Predictive Analytics 131

Predictive Analytics Analytics Uncertainty Forecasting 131

datapine

JANUARY 18, 2023

With this information in hand, businesses can build strategies based on analytical evidence and not simple intuition. With the use of the right BI reporting tool businesses can generate various types of analytical reports that include accurate forecasts via predictive analytics technologies.

Reporting 201

Reporting Metrics Dashboards Visualization 201

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. With AWS Glue Studio, you benefit from a visual interface that simplifies the process of connecting to Teradata and authoring, running, and monitoring AWS Glue ETL jobs.

IT 107

IT Visualization Machine Learning Data Integration 107

Smart Data Collective

AUGUST 29, 2022

Did you know that 53% of companies use data analytics technology ? Machine Learning Helps Companies Get More Value Out of Analytics. There are a lot of benefits of using analytics to help run a business. You will get even more value out of analytics if you leverage machine learning at the same time.

Analytics 115

Analytics Predictive Analytics Machine Learning Insurance 115

IBM Big Data Hub

JULY 24, 2023

The goal is to address the underlying issue while determining if other software or systems are at risk of failure, as well. IT operations analytics technologies IT operations analytics (ITOA) contains several key tools, processes and technologies, all of which work together to produce value within the organization.

IT 54

IT Analytics Cost-Benefit Predictive Analytics 54

Grooper

AUGUST 19, 2019

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). It's not about the technology - or solving the data silo problem. Scoring – i.e. profitability or risk. Business Analytics.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

Sisense

MAY 4, 2020

In his article in Forbes , he discussed how some of the biggest names in global business — Nike, Burger King, and McDonald’s — and progressive newer entrants to huge sectors like insurance, are embracing data and analytics technology as a platform on which to build their competitive advantages. Getting your BI and analytics right.

Big Data 78

Big Data Data-driven Snapshot Unstructured Data 78

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 82

Insurance Finance Cost-Benefit Strategy 82

Smarten

SEPTEMBER 9, 2024

In this article, we focus on the benefits of Citizen Data Scientists , assuming a well-conceived program. These benefits assume the identification and selection of an appropriate augmented analytics solution to support business users and the business organization.

Cost-Benefit 52

Cost-Benefit Data Governance Marketing Reporting 52

Smarten

DECEMBER 3, 2023

AI is transforming data management and the automation of tasks and analytics is no exception. Look for AI augmented analytics that is designed to leverage the current and future capabilities of AI without risk or overreach. A reputable vendor will provide transparent pricing.

Analytics 40

Analytics Predictive Modeling Cost-Benefit Visualization 40

Smarten

SEPTEMBER 9, 2024

What is a Citizen Data Scientist, What is Their Role, What are the Benefits of Citizen Data Scientists…and More! In fact, the world-renowned technology research firm, Gartner, first introduced the concept in 2016. The Benefits of Citizen Data Scientists There are many benefits inherent in the Citizen Data Scientist approach.

Consulting 52

Consulting Cost-Benefit Data Science Business Intelligence 52