Smart Data Collective

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Only 32% of executives have officially laid out a data strategy to drive their organization. How Can You Use Lean Thinking with Big Data?

Data-driven 124

Data-driven Optimization Big Data Data Strategy 124

Cloudera

NOVEMBER 30, 2021

Some organizations have taken this as an opportunity for positive change by moving workloads to the cloud and utilizing enterprise data strategies that are key to their business resiliency. Perhaps it is too soon for those with newer and less mature strategies to see such positive impacts.

Enterprise 73

Enterprise Reporting Data Strategy Strategy 73

Smart Data Collective

MAY 10, 2022

Data analytics technology is rapidly becoming a more integral part of many company cultures. According to the 2021 State of Data Maturity Report, 32% of companies have formal data strategies. Data analytics serves many different purposes. Data analytics can help them bridge that gap.

Data Analytics 133

Data Analytics Analytics Big Data Data-driven 133

Smart Data Collective

NOVEMBER 2, 2022

The industry has access to massive amounts of data, so it should leverage them to make the most of their customer outreach and support strategies. Martech author Allen Martinez talks about the benefits of big data in Fintech marketing. These companies need to employ detailed data strategies to find the right prospects.

Marketing 138

Marketing Big Data Data-driven Sales 138

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 technology can significantly improve the company’s pricing strategy. Many different factors influence demand for any product.

Big Data 82

Big Data Uncertainty Risk Data mining 82

Cloudera

MAY 28, 2019

But rather as businesses look to operationalize machine learning capabilities at scale, they’ll turn increasingly to commercial platforms, with connectors to open source , where investments in enterprise features like collaboration, reuse, transparency, model management and data platform integration have been focused.

Data Science 50

Data Science Machine Learning Data Strategy Cost-Benefit 50

Smart Data Collective

AUGUST 21, 2019

However, just because a business model is popular doesn’t mean you can go in halfway. According to research from Meticulous Research, big data is going to play a huge part in this. Understanding the Nature of Digital Products and Building a Data Strategy Around Them. All you have to worry about is driving traffic to it.

Big Data 78

Big Data Sales Marketing Predictive Analytics 78