article thumbnail

Data Analytics is Crucial for Businesses Preparing for Financial Disasters

Smart Data Collective

Data analytics has become a very important aspect of any modern business’s operating strategy. One of the most important ways to utilize big data is with financial management. The financial analytics market is projected to be worth $114 billion within the next two years. Get the Right Insurance in Place.

article thumbnail

AI+BI: Augmented analytics will soon bring data-driven insight to the masses

Birst BI

If you’re a business intelligence (BI) and analytics application user, it’s likely that “data-driven insight to the masses” will soon be top-of-mind. Machine learning will transform BI and analytics. Some data discovery vendors tout that they already deliver “self-service to the masses,” but that’s a dubious claim.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using Data Analytics to Optimize Your Cash Collection Approach

Smart Data Collective

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.

article thumbnail

Spotify Musicians Turn to Data Analytics to Boost their Careers

Smart Data Collective

Data analytics is becoming a crucial element of many business strategies. They have found that data analytics is a valuable component of marketing campaigns , financial planning objectives, human resource guidelines and much more. Data Analytics is Helping Many Spotify Musicians Improve Their Reach.

article thumbnail

Analytics Changes the Calculus of Business Tax Compliance

Smart Data Collective

Data analytics technology has had a profound impact on the state of the financial industry. A growing number of financial institutions are using analytics tools to make better investing decisions and insurers are using analytics technology to improve their underwriting processes.

Analytics 103
article thumbnail

Ways Data Analytics Helps Business Owners Resolve Financial Issues

Smart Data Collective

Data analytics has arguably become the biggest gamechanger in the field of finance. Many large financial institutions are starting to appreciate the many advantages that big data technology has brought. Markets and Markets estimates that the financial analytics market will be worth $11.4 Fraud risks.

article thumbnail

5 Ways CMOs Must Exploit the Benefits of Data Analytics

Smart Data Collective

We have talked about the benefits of using big data in the marketing profession in the past. CMOs Are Investing in the Benefits of Big Data. The market for marketing analytics technology is growing nearly 14% a year. They can use the data from these platforms to optimize their strategies accordingly.