Smart Data Collective

JUNE 20, 2019

In other ways, it has created new risks. The emergence of flash trading is a prime example of a new technology that hurts short term traders. The same can be said about predictive analytics. Investors that trade futures and other derivative investments are becoming more reliant on predictive analytics.

Predictive Analytics 56

Predictive Analytics Analytics Machine Learning Risk 56

Smart Data Collective

MARCH 2, 2023

One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Predictive analytics technology can help companies forecast demand One of the biggest challenges businesses face in any economy is predicting demand for their products or services.

Big Data 82

Big Data Uncertainty Risk Data mining 82

Smart Data Collective

JULY 16, 2023

The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management. Optimizing hedge fund performance requires the implementation of intelligent strategies, from managing risks to maximizing returns, improving investor relations, and adapting to shifting market conditions.

ROI 71

ROI Data Analytics Analytics Risk Management 71

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. What Are the Benefits of Data Analytics in Staffing?

Data Analytics 128

Data Analytics Management Analytics Big Data 128

Jedox

JANUARY 29, 2019

In today’s organizations, the role of financial controlling or FP&A is not only to provide financial insights so business partners can make better decisions, but it is also to lead the way towards a more mature use of analytics technology including predictive analytics for sales forecasting. Making AI Real (Part 2).

Predictive Analytics 41

Predictive Analytics Forecasting Sales Analytics 41

Smart Data Collective

NOVEMBER 22, 2021

Data analytics technology has touched on virtually every element of our lives. Data analytics technology is helping more companies get the financing that they need for a variety of purposes. Predictive analytics tools will help you show the long-term financial advantages and how it will help boost your cash flow.

Finance 102

Finance Data Analytics Analytics Big Data 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. Use Data Analytics to Help Create an Emergency fund.

Data Analytics 117

Data Analytics Analytics Finance Data mining 117

Smart Data Collective

JULY 28, 2022

Fortunately, new predictive analytics algorithms can make this easier. The financial industry is becoming more dependent on machine learning technology with each passing day. Last summer, a report by Deloitte showed that more CFOs are using predictive analytics technology.

Predictive Analytics 136

Predictive Analytics Analytics Forecasting Machine Learning 136

Smart Data Collective

MAY 21, 2019

There are several ways that predictive analytics is helping organizations prepare for these challenges: Predictive analytics models are helping organizations develop risk scoring algorithms. Predictive analytics technology is helpful for both.

Big Data 77

Big Data Cost-Benefit Predictive Analytics Insurance 77

Smart Data Collective

DECEMBER 21, 2022

You can use big data to improve risk scoring models and use real-time analytics to stop threats. You can also use predictive analytics tools to identify threats before they occur, so you can create a more robust cybersecurity system. There are a number of benefits of using big data to prevent cyberattacks.

IT 112

IT Big Data Data Science Data-driven 112

Decision Management Solutions

MARCH 25, 2019

We begin our DecisionsFirst approach by working directly with the business SMEs to define a decision model. Once we have this model we ask the SMEs to imagine what would help them make it better – “if only we knew XXX we would decide differently”. This approach also supports the critical test and learn skills the authors identify.

Insurance 75

Insurance Data Science Testing Modeling 75

Smarten

DECEMBER 3, 2023

Augmented analytics can help the business to improve revenue and to discover product and service opportunities and gain insight into issues to resolve problems before they create risk. Unscrambl highlights a few of the ways major businesses have used analytics to help improve competitive positioning and to solve problems.

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

Smart Data Collective

JANUARY 14, 2021

When you have a good workflow, you’ll see how to subdivide projects based on the risk of issues before they come up. A lot of new predictive analytics models use data from previous projects to identify future problems. Tips for Improving Video Production with Data Analytics Tools. Invest in the craft.

Data-driven 70

Data-driven Big Data Machine Learning Technology 70

Smart Data Collective

AUGUST 29, 2022

Did you know that 53% of companies use data analytics technology ? Machine Learning Helps Companies Get More Value Out of Analytics. There are a lot of benefits of using analytics to help run a business. You will get even more value out of analytics if you leverage machine learning at the same time.

Analytics 116

Analytics Predictive Analytics Machine Learning Insurance 116

datapine

AUGUST 29, 2022

And shows how big data and the advances in analytical technologies are shaping the way the world is perceived. However, don’t be deceived – just as you don’t need to be a literal startup to gain a lot of value from Eric Ries’ work, companies of all sizes and shapes can learn a lot of valuable information from “Lean Analytics”.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Smart Data Collective

AUGUST 21, 2019

However, just because a business model is popular doesn’t mean you can go in halfway. They can use many different types of machine learning and predictive analytics technology to get the most of it. A useful business model that many sellers adopt for their digital products is to sell subscriptions. Key Takeaways.

Big Data 78

Big Data Sales Marketing Predictive Analytics 78

Smart Data Collective

FEBRUARY 14, 2023

There are many other reasons AI and big data technology is changing finance. One of the biggest is that more financial institutions are using predictive analytics tools to assist with asset management. What is asset allocation and how can predictive analytics improve its effectiveness?

Predictive Analytics 109

Predictive Analytics Management Analytics Risk 109

Grooper

AUGUST 19, 2019

It's not about the technology - or solving the data silo problem. Business Focus is Required for Success with Transformative Analytics Technologies. So, how can we bridge the gap between positive business outcome and the technology required to get there? Scoring – i.e. profitability or risk. Business Analytics.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54