CIO Business Intelligence

JUNE 14, 2023

Data and big data analytics are the lifeblood of any successful business. Getting the technology right can be challenging but building the right team with the right skills to undertake data initiatives can be even harder — a challenge reflected in the rising demand for big data and analytics skills and certifications.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

Smart Data Collective

NOVEMBER 13, 2020

Artificial intelligence and data analytics are two of the fasting-growing forms of technology for saving money in the world of business. Big data and predictive analytics can be very useful for these nonprofits as well. There are certainly downsides to that approach, with job security being high on the list.

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Predictive Analytics Analytics Machine Learning Strategy 108

Smart Data Collective

OCTOBER 13, 2020

Data analytics has been the basis for the cryptocurrency market for years. In 2018, a study from the University of Bremen in Germany discussed some of the implications of big data for the altcoin industry. They found that predictive analytics algorithms were using social media data to forecast asset prices.

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Predictive Analytics Analytics Forecasting Marketing 100

Smart Data Collective

JUNE 26, 2019

Big data and predictive analytics will lead to healthcare improvement. Health IT Analytics previously published an excellent paper on some of the best use cases of predictive analytics in healthcare. The predictive analytics are not designed to replace a doctor’s advice.

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Predictive Analytics Analytics Insurance Cost-Benefit 92

Smart Data Collective

OCTOBER 16, 2023

This information, dubbed Big Data, has grown too large and complex for typical data processing methods. Companies want to use Big Data to improve customer service, increase profit, cut expenses, and upgrade existing processes. The influence of Big Data on business is enormous.

Big Data 102

Big Data IoT Cost-Benefit Advertising 102

Smart Data Collective

OCTOBER 6, 2023

Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. There are a number of huge benefits of using data analytics to identify seasonal trends.

Management 116

Management Analytics Predictive Analytics Cost-Benefit 116

Smart Data Collective

JUNE 18, 2021

We have previously talked about the role of predictive analytics in helping solve crimes. However, big data has also led to some concerns with racial profiling and other biases. Fortunately, machine learning and predictive analytics technology can also help on the other side of the equation.

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Predictive Analytics Forecasting Analytics Big Data 68

Smart Data Collective

APRIL 29, 2019

Big data technology has played a very big role in solving many business challenges. LinkedIn released a report last year on the benefits of using predictive analytics and other data technology for branding. However, some of the lessons big data has unveiled are far from surprising.

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Predictive Analytics Analytics Big Data Interactive 93

Smart Data Collective

SEPTEMBER 27, 2023

Big data and AI are remarkable technologies transforming the face of industries, setting a new benchmark in efficiency, accuracy, and productivity. Given the massive amount of data processed and the autonomous decision-making capabilities of AI, it isn’t surprising that IP laws are getting increasingly involved.

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Big Data Unstructured Data Predictive Analytics Risk 105

Smart Data Collective

MARCH 8, 2021

The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data. And I do not mean large amounts of information per se, but rather data that is processed at high speed and has a strong variability.

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Big Data Management Predictive Analytics Statistics 143

Smart Data Collective

SEPTEMBER 30, 2022

Given the growing importance of big data and the rising reliance of businesses on big data analytics to carry out their day-to-day operations, it is safe to say that big data has irrevocably altered the online world for anyone running a digital enterprise or an e-business.

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Big Data Data-driven Risk Measurement 135

Smart Data Collective

SEPTEMBER 7, 2021

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Big data in retail help companies understand their customers better and provide them with more personalized offers. Big data is a not new concept, and it has been around for a while.

Big Data 124

Big Data Technology Cost-Benefit Predictive Analytics 124

Smart Data Collective

JANUARY 14, 2021

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. Investors taking advantage of predictive analytics could have more success choosing winning IPOs. This is one of the unique opportunities with IPOs.

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Predictive Analytics Forecasting Analytics Machine Learning 82

BizAcuity

APRIL 28, 2019

Today, it’s no secret that most forward-thinking businesses are keenly following the latest developments on big data, artificial intelligence, machine learning, and predictive analytics. And this data is crucial in taking the necessary steps to ensure successful debt collection.

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Predictive Analytics Analytics Big Data Data mining 98

Smart Data Collective

APRIL 28, 2019

New advances in predictive analytics will help mobile app developers navigate these changes and develop better technology to adapt. Predictive analytics is especially important for developers creating apps in emerging markets. Predictive analytics captures rapidly changing variables in an increasingly global world.

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Predictive Analytics Marketing Analytics Forecasting 77

BizAcuity

MARCH 18, 2019

Credit scoring systems and predictive analytics model attempt to quantify uncertainty and provide guidance for identifying, measuring and monitoring risk. Benefits of Predictive Analytics in Unsecured Consumer Loan Industry. Predictive Analytics enhances the Lending Process.

Predictive Analytics 83

Predictive Analytics Analytics Cost-Benefit Data mining 83

Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. 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. Patil and other experts argue that big data can help them with this.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Smart Data Collective

NOVEMBER 14, 2019

Gaming organizations have started to use big data to develop a deeper understanding of target customers. They have refined their data decision-making approaches to include new predictive analytics models to forecast trends and adapt to evolving customer behavior.

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Predictive Analytics Analytics Forecasting Modeling 79

TDAN

APRIL 20, 2021

Enter predictive analytics, and […]. It’s usually somewhat tedious for all parties involved, until a safety issue actually arises. At this point, all the old procedures will be given a good once-over.

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Predictive Analytics Analytics IT Business Intelligence 59

Smart Data Collective

JULY 12, 2021

The financial analytics market was worth an estimated $6.7 Big data technology keeps reshaping the business landscape and companies have started realizing the importance of using data and analytics in their decision-making processes. Stock trading is an area where data and analytics are now more critical.

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Big Data Marketing Predictive Analytics Risk 130

Smart Data Collective

SEPTEMBER 28, 2022

In this blog post, we’ll explore some of the advantages of using a big data management solution for your business: Big data can improve your business decision-making. Big data is a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools.

Big Data 105

Big Data Management Data Quality Cost-Benefit 105

FineReport

APRIL 26, 2023

This has led to the emergence of the field of Big Data, which refers to the collection, processing, and analysis of vast amounts of data. With the right Big Data Tools and techniques, organizations can leverage Big Data to gain valuable insights that can inform business decisions and drive growth.

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Big Data Data Analytics Analytics Cost-Benefit 52

Smart Data Collective

JANUARY 29, 2020

However, many federal agencies have finally discovered the countless benefits of big data. The Internal Revenue Service (IRS) is one of the organizations that has started using big data to enforce its policies. The IRS uses highly sophisticated data mining tools to identify underreporting by taxpayers.

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Predictive Analytics Data mining Analytics Big Data 62

IBM Big Data Hub

APRIL 25, 2019

If you’re interested in learning how to get going, our publication, A business guide to modern predictive analytics, is great place to start. Those who don’t seize the opportunity risk falling behind the curve. But some might not be sure how to begin.

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Predictive Analytics Analytics Data Science Risk 80

Smart Data Collective

SEPTEMBER 27, 2021

Big data technology has had an enormous impact on many sectors. Big data is completely changing the securities trading profession. The digital age is here to stay and big data has changed how business operate forever. Big Data is Transforming the Trading Profession.

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Big Data Technology Forecasting Machine Learning 108

Smart Data Collective

JANUARY 27, 2022

Did you know that big data consumption increased 5,000% between 2010 and 2020 ? Big data technology is changing countless aspects of our lives. A growing number of careers are predicated on the use of data analytics, AI and similar technologies. This should come as no surprise. Genetic Engineer. Programmer.

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Big Data Advertising Internet of Things Marketing 128

Smart Data Collective

APRIL 21, 2022

Big data has led to a number of changes in the world of finance. Global companies are expected to spend over $11 billion on financial analytics services by 2026. One of the biggest reasons companies are spending so much on financial analytics is to improve investing opportunities. Why Big Data Matters.

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Big Data Finance Marketing Optimization 98

Smart Data Collective

MARCH 16, 2022

Last year, in an article that talked about the impact big data has on finance, we said that location data sets can make investing easier. Companies spent nearly $11 billion on financial analytics in 2020. Today, we are going to look at the potential influence big data has on personal finance in detail.

Big Data 104

Big Data Deep Learning Finance Data-driven 104

Smart Data Collective

APRIL 16, 2019

Predictive analytics is the foundation of modern marketing. Companies rely on predictive analytics to: Get a better understanding of customer behavior based on past data that has been collected. Use existing data sets to identify future trends that will influence the future of your business.

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Predictive Analytics Analytics Big Data Marketing 64

Smart Data Collective

FEBRUARY 20, 2022

More companies are investing in big data than ever these days. 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.

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Big Data Management Finance Data-driven 112

Smart Data Collective

APRIL 22, 2021

That’s starting to change, though, and construction firms everywhere are embracing innovations like big data. As a post from AutoDesk points out , big data can help make construction firms more flexible, efficient and safer, driving more teams to embrace it. Big data offers the insight to do so.

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Big Data Predictive Analytics Data Analytics Analytics 109

TDAN

DECEMBER 3, 2019

But with predictive analytics, we may be very close to seeing that wish fulfilled. When it comes to business, the ability to predict the future would be invaluable. […]. In the history of the human race, all leaders have longed for the ability to see into the future. Today in business, that wish is still there.

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Predictive Analytics Analytics IT Big Data 52

Smart Data Collective

JANUARY 21, 2021

Many people don’t realize the countless benefits that big data has provided for the solar energy sector. A growing number of solar energy companies are using new advances in data analytics and machine learning to increase the value of their products. “This is where big data comes in.

Big Data 132

Big Data Cost-Benefit Data-driven Machine Learning 132

Smart Data Collective

SEPTEMBER 13, 2021

Implementing big data solutions can help investment managers navigate value investing safely. In this article, we will show you the use of the tools and the top reasons to hire Django developers to help you with big data integration. Main Types of Big Data. That is why it does not provide scalability data.

Big Data 108

Big Data Forecasting Cost-Benefit Machine Learning 108

Smarten

AUGUST 8, 2017

The common understanding of the world is that one should use predictive and prescriptive data on big data. A vast amount of data, classified and grouped, running analytics to predict what will be the next event that one or more elements of the group will take.

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Predictive Analytics Analytics Prescriptive Analytics Sales 65

Smart Data Collective

FEBRUARY 21, 2020

Data has the power to shape not only financial decisions (like how and when to invest in stock) but the types of financial products that are available to consumers. So how, exactly, has big data changed the financial industry, and what can we expect moving forward? Market Analytics and Profitability. Customer Perks.

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Big Data Machine Learning Statistics Predictive Analytics 120

Smart Data Collective

AUGUST 30, 2020

It’s easy to draw correlations between big data and certain areas of the business world. For example, it makes sense that a tech company would leverage big data, or that a software company would use it to develop a cutting edge SaaS offering. But in real estate, does big data really have a place at the table?

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Big Data Risk Data-driven Marketing 114