article thumbnail

Data Analytics Helps Hedge Funds Improve Customer ROIs

Smart Data Collective

The market for financial analytics was worth $8.2 According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. Among these tools, quantitative models have emerged as one of the most effective solutions.

ROI 71
article thumbnail

Smart Businesses Must Invest in Data Analytics for Higher Conversions

Smart Data Collective

Fortunately, companies can use big data to optimize their business models. for every $1 they invest in data analytics. This is a stunning ROI. One of the most important ways for brands to improve their profitability with data analytics is through conversion rate optimization. The average company receives $10.66

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ADP’s cloud transformation pays dividends

CIO Business Intelligence

ADP combines various datasets and analytics technologies and builds algorithms and machine learning models to develop custom solutions for its clients, such as determining salary ranges for nurses in a specific state that a healthcare client may be evaluating for relocation.

article thumbnail

Data-Driven Marketing Strategies to Supercharge eCommerce Businesses

Smart Data Collective

More companies are using sophisticated data analytics and AI tools to overhaul their business models. The e-commerce sector has been one of the most affected by major advances in data technology. Data analytics technology can help them identify the practices that are working the best.

article thumbnail

What is Yield Farming in Crypto and How Does Data Analytics Help?

Smart Data Collective

One of the newest applications of data analytics in cryptocurrency mining is with yield farming. Many crypto enthusiasts have found that it can help them lift their ROI considerably and address many of the problems that they face. Data Analytics Helps Set the Future of Yield Farming for Cryptocurrency Traders.

article thumbnail

A Golden Era of HPC in Government Meets Accelerating Demands

CIO Business Intelligence

federal government, HPC is being used to accelerate basic science, develop therapeutics and other treatments for COVID-19, perform military applications such as simulations, handle climate and weather modeling, and a myriad of other tasks in diverse agencies. . Big data analytics is being used to uncover crimes. Within the U.S.

article thumbnail

Will Predictive Analytics Help Forecast Profitable IPOs for Stock Traders?

Smart Data Collective

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.