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

SEPTEMBER 14, 2020

They also use trend forecasting and customer behavioral analysis to adapt their business models to boost business. In this article, I have listed out all the important areas that you need to look at how to create a dashboard web application – effective yet engaging. You need to know how data analytics will be integrated into it.

Dashboards 98

Dashboards Data Analytics Analytics Big Data 98

Jet Global

AUGUST 4, 2023

Providing valuable insights from data that moves the business forward in achieving its strategic objectives is one of the most valuable skills any FP&A or Operational Planning (OP) professional can possess. Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway.

Data Analytics 52

Data Analytics Analytics Finance Visualization 52

FineReport

APRIL 26, 2023

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. What is Big Data? What is Big Data? It is an ever-expanding collection of diverse and complex data that is growing exponentially.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Smart Data Collective

JANUARY 26, 2022

Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? Last year, we published an article on the ways that big law and big data are intersecting. We have had time to observe some major developments of legal analytics over the last year.

Data Analytics 73

Data Analytics Analytics Predictive Analytics Insurance 73

Smarten

APRIL 18, 2019

Citizen Data Scientists are Not Born, They are Created! Data analytics software used to be reserved for data scientists, analysts and IT staff but not today! Data Analytics is not just for data scientists!

Software 51

Software Data Analytics Analytics Forecasting 51

Smart Data Collective

DECEMBER 22, 2021

Big data technology has become an invaluable asset to so many organizations around the world. There are a lot of benefits of utilizing data technology, such as improving financial reporting, forecasting marketing trends and efficient human resource allocation. Big Data is Crucial for Companies in All Industries.

Big Data 139

Big Data Forecasting Data-driven ROI 139

Rocket-Powered Data Science

MARCH 19, 2021

How to make smarter data-driven decisions at scale : [link]. The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. A lot has changed in those five years, and so has the data landscape. But if they wait another three years, they will never catch up.”

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Smarten

JUNE 20, 2023

Anyone who has worked in a business, an association or a community of professionals knows that leveraging the experience and skills of a group will always result in a better outcome and, when you combine those skills with clear, concise data, the team can make the best decisions, using the most recent, most complete information.

Predictive Modeling 52

Predictive Modeling Modeling Forecasting Data Science 52

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

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. Companies which require immediate business funding are using data analytics tools to research and better understand their options.

Big Data 82

Big Data Uncertainty Risk Data mining 82

Smart Data Collective

APRIL 10, 2023

There are many ways that predictive analytics is changing the way we live. One of the biggest changes is that more people are using this technology to forecast prices. This is where tracking product prices with data analytics becomes a good idea. Is predictive analytics actually useful for forecasting prices?

Predictive Analytics 94

Predictive Analytics Analytics Forecasting Technology 94

Smarten

JUNE 8, 2023

Today’s business intelligence solutions provide mobile support for business users in an easy-to-use, self-serve environment, so every team member can participate in data analytics and use that data to perform their role and to make confident decisions.

Optimization 67

Optimization Enterprise Business Intelligence Predictive Modeling 67

datapine

OCTOBER 21, 2020

Big data has changed the way we manage, analyze, and leverage data across industries. One of the most notable areas where data analytics is making big changes is healthcare. In this article, we’re going to address the need for big data in healthcare and hospital big data: why and how can it help?

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

Smarten

APRIL 10, 2023

‘When an enterprise selects an assisted predictive modeling solution, it can satisfy the needs of business users, IT, and data scientists and achieve impressive results for the organization.’ Find out how Smarten Assisted Predictive Modeling and Augmented Analytics products can help your business plan and forecast for success.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

O'Reilly on Data

FEBRUARY 11, 2019

Many companies are just beginning to address the interplay between their suite of AI, big data, and cloud technologies. I’ll also highlight some interesting uses cases and applications of data, analytics, and machine learning. Temporal data and time-series analytics. Graph technologies and analytics.

Big Data 212

Big Data Technology Machine Learning Deep Learning 212

Jedox

FEBRUARY 13, 2020

For controlling, this means using predictive analytics to produce more forward-looking analyses and increasingly decision-relevant forecasts instead of focusing on past tense reports. A further goal is also the extensive automation of routine tasks in order to gain more freedom for strategic analyses and data interpretation.

Forecasting 58

Forecasting Predictive Analytics Sales Data Integration 58

Smart Data Collective

JUNE 15, 2022

According to many surveys, more than 90% of retail organizations across a wide range of sectors feel location data is crucial to their success. In fact, the popularity of location data has grown so much that it is expected to touch about $35 billion in value by 2027. 9 Ways Location Data Can Help You Excel in Retail.

Advertising 98

Advertising Cost-Benefit ROI Sales 98

Smart Data Collective

SEPTEMBER 19, 2022

Big Data is the collection and processing of huge volumes of different data types, which financial institutions use to gain insights into their business processes and make key company decisions. The Role Of Big Data In Fintech. Forecasting Future Market Trends. Improving Risk Assessment.

Big Data 130

Big Data ROI Measurement Risk 130

Smarten

APRIL 28, 2023

So, if you can leverage mobile business intelligence to increase productivity, you can accomplish your goals for data analytics and for efficiency, collaboration, and productivity – all at the same time! Mobile BI can add efficiency and access for your team to help you achieve your productivity goals.

Slice and Dice 52

Slice and Dice Business Intelligence ROI Statistics 52

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. In this landscape, data analysts assume a pivotal role, tasked with interpreting data to drive informed decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

Smart Data Collective

JANUARY 19, 2022

billion on marketing analytics by 2026. A growing number of companies are using data analytics to better understand the mindset of their customers, provide better customer service , forecast industry trends and identify the ROI of various marketing strategies. Set a clear product mission with predictive analytics.

Consulting 97

Consulting Data-driven Marketing Strategy 97

IBM Big Data Hub

MAY 17, 2024

AI models analyze vast amounts of data quickly and accurately. They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions.  The applications of AI in commerce are vast and varied.

B2B 64

B2B Interactive Optimization Forecasting 64

Smart Data Collective

AUGUST 30, 2022

Analytics technology is very important for modern business. Companies spent over $240 billion on big data analytics last year. There are many important applications of data analytics technology. Analytics Can Be Essential for Helping Companies with their Pricing Strategies. Needs-Based Pricing.

B2B 132

B2B Analytics Cost-Benefit Metrics 132

Smart Data Collective

AUGUST 19, 2021

So, with that in mind, how have analytics contributed to product development? In this article, we’ll be looking at how data analytics can help in product development and where it’s going in the future. How can data analytics help in product development?

Analytics 126

Analytics Cost-Benefit Software Testing 126

datapine

MARCH 31, 2022

S/He is responsible for providing cost-effective solutions to achieve business objectives, comparing operational progress against project development while assisting in planning budgets, forecasts, timelines, and developing reports on performance metrics. They can help a company forecast demand, or anticipate fraud.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

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 131

Big Data Cost-Benefit Data-driven Machine Learning 131

Smart Data Collective

APRIL 7, 2022

There are many reasons that data analytics and data mining are vital aspects of modern e-commerce strategies. These benefits include the following: You can use data analytics to better understand the preferences of your users and provide personalized product recommendations.

B2B 107

B2B Sales Big Data Cost-Benefit 107

datapine

MAY 16, 2019

Exclusive Bonus Content: Ready to use data analytics in your restaurant? Get our free bite-sized summary for increasing your profits through data! By managing your information with data analysis tools , you stand to sharpen your competitive edge, increase your profitability, boost profit margins, and grow your customer base.

Analytics 163

Analytics Predictive Analytics Advertising Dashboards 163

Smart Data Collective

JANUARY 11, 2021

Big Data is Making Employee Training Much More Effective. Denis Kostusev, VP of Business Development at Itransition wrote an article on the countless benefits of using big data in corporate training. The benefits tend to be a lot more significant when these training programs are backed by data analytics.

Data-driven 71

Data-driven Big Data Sales ROI 71

Smart Data Collective

MAY 28, 2021

I’d wager you still got a great bunch of doubts in your mind concerning these claims, but at the end of this article you’ll find that your doubts vanish into thin air like a “puff of smoke.”. Azure also provides demand forecasting which quickly allows partners to predict the needs of their end-users.

Data-driven 134

Data-driven Cost-Benefit Big Data Data Processing 134

Smart Data Collective

MARCH 5, 2022

Here are some reasons that data scientists will have a strong edge over their competitors after starting a dropshipping business: Data scientists understand how to use predictive analytics technology to forecast trends. Data scientists know how to leverage AI technology to automate certain tasks.

Data mining 135

Data mining Big Data Data-driven Data Science 135

IBM Big Data Hub

JULY 6, 2023

It uses advanced tools to look at raw data, gather a data set, process it, and develop insights to create meaning. Areas making up the data science field include mining, statistics, data analytics, data modeling, machine learning modeling and programming.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

FineReport

AUGUST 13, 2021

Management dashboard helps to track the progress and success of the company’s business indicators and enables decision-makers to make data-driven decisions about future business goals. Moreover, management dashboard provides dynamic management data analytics for monitoring. Management dashboard in business world.

Dashboards 52

Dashboards Management Key Performance Indicator Cost-Benefit 52

BizAcuity

MARCH 31, 2022

There have been so many articles published about AI and its applications, you can find millions of articles from broad concepts to deep technical literature on the internet. You must be tired of continuously hearing quotes like, ‘data is the new oil’ and what not. Hope the article helped. Uncertain economic conditions.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Alation

MARCH 21, 2023

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. Why is data analytics important for travel organizations? How is data analytics used in the travel industry?

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Cloudera

MARCH 2, 2018

If you do an internet search for ‘data-driven disruption’ you can find articles about almost every industry being disrupted by digitalisation and new applications of data. While there are instances of data-driven efforts in the nonprofit sector, they are not as widespread as they can be.

Data-driven 43

Data-driven Prescriptive Analytics Descriptive Analytics Machine Learning 43