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. Big data helps businesses address cash flow needs A growing number of companies use big data technology to improve their financing.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Smart Data Collective

JULY 7, 2022

We have previously talked about the reasons that data analytics technology is changing the financial industry. Analytics Insight has touched on some of the benefits of using data analytics to make better stock market trades. Technical analysts can also benefit from investing in data analytics technology.

Marketing 142

Marketing Data Analytics Analytics ROI 142

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 102

Analytics Data mining Finance Analytics Technologies 102

Smart Data Collective

JANUARY 12, 2022

Specific Ways Small Businesses Can Use Data Analytics to Resolve Financial Problems. Here are some of the most common personal-finance mistakes business owners can fix with big data technology. Fraud risks. Small businesses suffer the greatest risks of fraud.

Data Analytics 115

Data Analytics Analytics Finance Data mining 115

Smart Data Collective

JUNE 16, 2021

However, data analytics isn’t guaranteed to solve all call center challenges without the right strategy in place. Data analytics technology can help solve many of these challenges, but it needs to be properly utilized. The good news is that data analytics technology can help with employee training.

Data Analytics 88

Data Analytics Analytics Cost-Benefit Data mining 88

CIO Business Intelligence

APRIL 6, 2022

Real-Time nature of data: The window of opportunity continues to shrink in our digital world. The risks of a breach are greater as well, from interrupted operations to stiff financial penalties for failing to adhere to industry regulations such as General Data Protection Regulation (GDPR). Just starting out with analytics?

Data mining 72

Data mining Deep Learning Insurance Digital Transformation 72

Smart Data Collective

FEBRUARY 9, 2022

Analytics technology has become an invaluable aspect of modern financial trading. A growing number of traders are using increasingly sophisticated data mining and machine learning tools to develop a competitive edge. Luckily, there are a few analytics optimization strategies you can use to make life easy on your end.

Visualization 133

Visualization Optimization Analytics Testing 133