Smart Data Collective

JANUARY 9, 2022

However, despite the benefits big data provides, companies that are using it are in the minority. Only 30% of companies have a well-defined data strategy. An even smaller number of companies have a data strategy that is supported by the company leadership. They will be more likely to invest in it.

Big Data 136

Big Data Data Analytics Advertising Analytics 136

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.

Data-driven 125

Data-driven Optimization Big Data Data Strategy 125

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 132

Data Analytics Analytics Big Data Data-driven 132

Smart Data Collective

FEBRUARY 20, 2022

One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. If you are running a business that has not yet adapted a data strategy, you should keep reading. You will get a better sense of the reasons that you should make investing in big data a top priority.

Big Data 112

Big Data Management Finance Data-driven 112

Grooper

AUGUST 19, 2019

They're the insights needed for better decision making, and they start with the business, not with the data. It's not about the technology - or solving the data silo problem. Business Focus is Required for Success with Transformative Analytics Technologies. Increasing data literacy is the answer.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

Smart Data Collective

DECEMBER 22, 2021

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. The right data strategy can help your startup become profitable.

Big Data 136

Big Data Data mining Data-driven Predictive Analytics 136

Sisense

NOVEMBER 26, 2019

Companies are storing every bit of data they can get their hands on, in every possible location. Your business and your software have to evolve to keep up. Enabling data-driven decisions throughout the company (not just in certain departments or teams) 2. Monetizing data 3. Choosing a modern software architecture.

Digital Transformation 93

Digital Transformation Data-driven ROI Software 93