Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. 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. Patil and other experts argue that big data can help them with this.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Smart Data Collective

MAY 13, 2022

There are many reasons big data has become a double-edged sword for businesses. Many companies are using data analytics to monitor their employee productivity and other behavior. It can be even more beneficial than using big data for recruiting. This is an area where big data can help immensely.

Data-driven 108

Data-driven Big Data Software Data Analytics 108

Smart Data Collective

JANUARY 14, 2021

Big data technology is becoming extremely important for project management in 2021. A growing number of companies are finding new ways to use data-driven tools to streamline various aspects of their projects, including editing workflows. We talked before about editing data science workflows. Here are some benefits.

Data-driven 69

Data-driven Big Data Machine Learning Technology 69

Boris Evelson

JUNE 14, 2018

Enterprises are sitting on mountains of unstructured data – 61% have more than 100 Tb and 12% have more than 5 Pb! Luckily there are mature technologies out there that can help. First, enterprise information architects should consider general purpose text analytics platforms.

Unstructured Data 78

Unstructured Data Analytics Technologies Technology Analytics 78

CIO Business Intelligence

JANUARY 20, 2023

To adapt to this new “new normal,” organizations will need to reinforce their workforces with technologies that can keep pace. 2] In this arena, desktop virtualization and cloud technologies will play starring roles. What was once an anomaly is now a global reality as remote and hybrid work models settle in across industries.

Technology 56

Technology Cost-Benefit Deep Learning Modeling 56

Smart Data Collective

JULY 9, 2021

Fortunately, new advances in big data technology are helping companies get better qualified workers. Data analytics technology is very important in assessing the performance of staffing services. Companies can use data analytics to improve their hiring processes. Reducing staffing costs.

Data Analytics 127

Data Analytics Management Analytics Big Data 127

Smart Data Collective

JANUARY 12, 2022

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.

Data Analytics 116

Data Analytics Analytics Finance Data mining 116

Smart Data Collective

JUNE 8, 2023

We have talked extensively about the many industries that have been impacted by big data. many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. However, many other industries have also been affected by advances in big data technology.

Data Analytics 82

Data Analytics Analytics Data Collection Statistics 82

Smart Data Collective

FEBRUARY 28, 2023

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

Analytics Data mining Finance Analytics Technologies 103

Smart Data Collective

JULY 12, 2021

Big data technology keeps reshaping the business landscape and companies have started realizing the importance of using data and analytics in their decision-making processes. While small and medium businesses have yet to adapt to the concept, large businesses invest significantly in data.

Big Data 130

Big Data Marketing Predictive Analytics Risk 130

Smart Data Collective

JULY 16, 2023

Big data is the most important business trend of the 21st century. The usage, volume, and types of data have increased significantly. In fact, big data keeps gaining momentum. We mentioned that data analytics is vital to marketing , but it is affecting many other industries as well.

ROI 70

ROI Data Analytics Analytics Risk Management 70

Smart Data Collective

JULY 11, 2022

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.

Data Analytics 132

Data Analytics Analytics Advertising Big Data 132

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. This is another area where data analytics can be useful.

Data Analytics 89

Data Analytics Analytics Cost-Benefit Data mining 89

Smart Data Collective

NOVEMBER 9, 2021

The average consumer is unaware of the phenomenal benefits that big data provides. One of the biggest benefits of big data is that it can help improve driver safety. Data analytics technology is becoming more useful when it comes to stopping traffic accidents. Big Data is the Key to Addressing Driver Safety Risks.

Big Data 131

Big Data Manufacturing Risk Insurance 131

Alation

APRIL 27, 2022

They all prioritize a data culture. In fact, 90% of organizations with top-tier data cultures either met or exceeded their revenue targets over the last 12 months. This was a key finding in the quarterly Alation State of Data Culture Report , which provides an assessment of the progress enterprises have made in creating a data culture.

Reporting 52

Reporting Data-driven Digital Transformation Data Governance 52

Cloudera

MARCH 16, 2022

Driven by the rapid convergence of changing circumstances, data, automation and Artificial Intelligence (AI), businesses today have to contend with a whirlwind of internal and external pressures. Eight in ten knowledge workers (80%) say they feel comfortable taking on a new job role due to AI/ML/Data Analytics job roles.

Data-driven 86

Data-driven Consulting Data Analytics Technology 86

Smart Data Collective

JUNE 30, 2022

Smart companies realize that analytics technology needs to be at the core of their business models. One of the most important ways that analytics can help companies thrive is by improving their logistics. Analytics Technology Helps Companies Bolster their Logistics Strategies. Vertical integration.

Analytics 110

Analytics Cost-Benefit Analytics Technologies Big Data 110

Smart Data Collective

JANUARY 14, 2022

There is no disputing the fact that data technology has changed the future of the financial industry. One of the sectors most impacted by big data has been banking. Big data is even more important to the banking sector as more of their services become digitalized. billion by 2026. billion by 2026.

Big Data 105

Big Data Cost-Benefit Finance Data-driven 105

Smart Data Collective

JANUARY 14, 2021

A lot of experts have talked about the benefits of using predictive analytics technology to forecast the future prices of various financial assets , especially stocks. However, many experts have overlooked a much more promising opportunity for investors trying to leverage machine learning technology.

Predictive Analytics 82

Predictive Analytics Forecasting Analytics Machine Learning 82

Smart Data Collective

SEPTEMBER 22, 2021

Data-driven businesses must utilize a number of different services and tools to operate successfully. We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. Although this technology seems archaic in the digital era, big data can help you get the most of it.

Management 98

Management Cost-Benefit Big Data Data-driven 98

Smart Data Collective

NOVEMBER 29, 2021

Data analytics has become a very important element of success for modern businesses. 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.

Data Analytics 111

Data Analytics Analytics Big Data B2B 111

Smart Data Collective

DECEMBER 21, 2022

Big data technology has become critical for modern life. A growing number of data scientists are being employed in various industries to help solve many challenges. The IT and cybersecurity sectors are heavily dependent on people with an expertise in data science. A Remote-friendly Career Path? Ethical Hacker.

IT 111

IT Big Data Data Science Data-driven 111

Smart Data Collective

NOVEMBER 22, 2021

Data analytics technology has touched on virtually every element of our lives. More companies are using big data to address some of their biggest concerns. Data analytics technology is helping more companies get the financing that they need for a variety of purposes.

Finance 101

Finance Data Analytics Analytics Big Data 101

BizAcuity

MARCH 25, 2019

This is resulting in the largest event management companies across this sector spending more than $43 billion on revenue analytics – which is a multi-dimensional and evolving field harnessing statistics, Artificial Intelligence and other tools to identify meaningful patterns in large data sets. billion in 2015 to $21.92

Analytics 74

Analytics Dashboards Sales Marketing 74

BizAcuity

AUGUST 26, 2019

Ever since the digitization of casinos, casino managers are being exposed to a great deal of data. Hidden tangled within this sea of data lie many insights, which can open up new opportunities for growth and revenue. This is what makes the casino industry a great use case for prescriptive analytics technologies and applications.

Prescriptive Analytics 74

Prescriptive Analytics Analytics Descriptive Analytics Predictive Analytics 74

Sisense

JANUARY 13, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing. Manufacturing companies that adopted computerization years ago are already taking the next step as they transform into smart data-driven organizations.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

Smart Data Collective

AUGUST 4, 2022

Data analytics technology has changed many aspects of the modern workplace. A growing number of companies are using data to make more informed hiring decisions , track payroll issues and resolve internal problems. Data Analytics Helps Companies Improve their Employee Performance Reviews.

Data-driven 128

Data-driven Metrics Software Data Collection 128

Smart Data Collective

JULY 27, 2022

Are you planning on running a startup that relies heavily on data analytics technology ? A report by Entrepreneur shows that companies that use big data have 8% higher profits. There are tons of great benefits of using big data to run your company. However, running a data-driven startup is not easy.

Data-driven 129

Data-driven Manufacturing Big Data Testing 129

BizAcuity

AUGUST 26, 2019

Ever since the digitization of casinos, casino managers are being exposed to a great deal of data. Hidden tangled within this sea of data lie many insights, which can open up new opportunities for growth and revenue. This is what makes the casino industry a great use case for prescriptive analytics technologies and applications.

Prescriptive Analytics 40

Prescriptive Analytics Analytics Descriptive Analytics Predictive Analytics 40

CIO Business Intelligence

APRIL 1, 2022

Consider that it may be easier to make one big decision well, rather than hundreds of smaller decisions that each have different payouts and risks. For example, buying stock in one company involves determining which stock will provide the best results, balanced with risk. Faster Decisions with High-Frequency AI. Automation through AI.

Data-driven 85

Data-driven Deep Learning Risk Optimization 85

Smart Data Collective

DECEMBER 16, 2021

Analytics technology has become fundamental to many aspects of organizational management. Some of the benefits of analytics actually have crossover with each other. For example, more companies than ever are using analytics to bolster their security. Performing Vendor Review. Performing Vulnerability Assessment.

Analytics 126

Analytics Analytics Technologies Data mining Software 126

Smart Data Collective

DECEMBER 22, 2021

Startups need to take advantage of the latest technology in order to remain competitive. Big data technology is one of the most important forms of technology that new startups must use to gain a competitive edge. The success of your startup might depend on your ability to use big data to your full advantage.

Big Data 135

Big Data Data mining Data-driven Predictive Analytics 135

Smart Data Collective

AUGUST 31, 2023

Data analytics has had a tremendous impact on the financial sector in recent years. Therefore, it should be no surprise that the market for financial analytics is projected to be worth nearly $19 billion by 2030. There are a ton of great benefits of using data analytics in finance.

ROI 95

ROI Data Analytics Analytics Risk 95

datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. The rate at which data is generated has increased exponentially in recent years. Essential Big Data And Data Analytics Insights. million searches per day and 1.2

Big Data 263

Big Data Data Analytics Analytics Data mining 263

AWS Big Data

JUNE 30, 2023

Position 2 is a leading US-based growth marketing services provider focused on data-driven strategy and technology to deliver growth with improved return on investment (ROI). The team brings deep domain expertise in digital, B2B, B2C, analytics, technology, mobile, marketing automation, and UX/UI domain.

Marketing 52

Marketing Dashboards Advertising ROI 52

IBM Big Data Hub

JULY 24, 2023

For example, 99% of organizations surveyed by McKinsey said they have pursued a large-scale technology transformation since 2020. This has led to an increase in the importance of IT operations analytics (ITOA), the data-driven process by which organizations collect, store and analyze data produced by their IT services.

IT 57

IT Analytics Cost-Benefit Predictive Analytics 57

Alation

FEBRUARY 13, 2020

Digital transformation” is often described as technology-led innovation, but innovation for innovation’s sake can run you into the ground, a la Gibson. It requires organizations to adopt a scientific mindset of testing and iteration to find the truth, rather than using data to support a predetermined path. The reason?

Digital Transformation 59

Digital Transformation Insurance Data-driven Machine Learning 59