Smart Data Collective

JANUARY 14, 2021

In 2019, Forbes published an article showing that machine learning can increase productivity of the financial services industry by $140 billion. 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.

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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. We reviewed other papers on the topic and condensed the best benefits into this article.

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Predictive Analytics Analytics Insurance Cost-Benefit 93

Smart Data Collective

NOVEMBER 14, 2019

They have refined their data decision-making approaches to include new predictive analytics models to forecast trends and adapt to evolving customer behavior. They have developed analytics models to address looming changes in the dynamic industry. Is predictive analytics the key to sustainable growth in the gaming industry?

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Smart Data Collective

JANUARY 19, 2022

Big data is extremely important in the marketing profession. 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.

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Smart Data Collective

OCTOBER 20, 2020

Data analytics is at the forefront of the modern marketing movement. Every business needs a go-to-market strategy or the GTM strategy to reach the target customers and stay ahead of their competitors. Christian Welborn recently published an article on taking a data-driven approach to GTM. Let’s begin.

Marketing 107

Marketing Data Analytics Analytics Big Data 107

Smart Data Collective

OCTOBER 6, 2023

In this article, we will explore the significance of managing seasonal fluctuations and the strategies businesses can implement. There are a number of huge benefits of using data analytics to identify seasonal trends. This underscores the importance of investing in predictive analytics technology to forecast sales.

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Smart Data Collective

APRIL 20, 2019

They believe that advances in big data have made business cards, brochures and direct mail marketing obsolete. We previously published an article on the state of direct mail marketing. We showed that marketers are actually using big data to improve the performance of their direct mail marketing campaigns.

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Rocket-Powered Data Science

MARCH 19, 2021

One of the primary drivers for the phenomenal growth in dynamic real-time data analytics today and in the coming decade is the Internet of Things (IoT) and its sibling the Industrial IoT (IIoT). This article quotes an older market projection (from 2019) , which estimated “the global industrial IoT market could reach $14.2

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Smarten

JULY 13, 2023

Citizen Data Scientists Can Leverage Predictive Analytics for Real Actionable Intelligence! Gartner technology analysts predict that organizations leveraging augmented analytics solutions will grow at twice the rate of those that do not use these solutions.

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Smart Data Collective

SEPTEMBER 12, 2019

Big data is playing an essential role in virtually every facet of the digital marketing sphere. You can use big data to get higher conversion rates with any digital marketing medium, including email marketing. The ROI of email marketing is exceptional already. The average email marketer realizes a return of 3,700%.

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Smart Data Collective

MARCH 2, 2023

It helps companies operate more efficiently, tap larger markets of customers, and solve some of their most complex challenges. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Big data technology used to be a luxury for small business owners.

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datapine

APRIL 13, 2021

Although this is positive for the many types of agencies in the market, it has also left them facing a big challenge. The answer is modern agency analytics reports and interactive dashboards. In this article, we will cover every fundamental aspect to take advantage of agency analytics. Benefits Of A Modern Agency Report.

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Smarten

DECEMBER 3, 2023

Perhaps your business is considering an augmented analytics solution, or your enterprise already has some version of business intelligence or analytics and it wishes to upgrade or transition to a more beneficial solution. Maybe you just want to understand the analytics solution market better.

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Smart Data Collective

JULY 31, 2022

Predictive analytics technology has become essential for traders looking to find the best investing opportunities. Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. in 2022 and 1.5%

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TDAN

JULY 6, 2021

Using reliable insights to keep up with rapid market changes, businesses are also deploying data mining and predictive analytics across massive amounts of clickstream and transactional data. With the continuous evolution of technology and daily shifts in shopping trends, eCommerce is constantly adapting.

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Smart Data Collective

JULY 11, 2023

In one of our articles, we mentioned that many nurses have used AI to provide better services to their patients. According to one report, the market for AI in mental health services is projected to grow by 38.87% a year between 2023 and 2031. The healthcare industry is among them.

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Management Predictive Analytics Cost-Benefit Interactive 73

DataRobot Blog

JULY 8, 2018

In our previous article, we introduced IBM Watson Studio and discussed helping our CMO and marketing team better utilize limited resources with advanced analytics. In this article, we will reveal. by Jen Underwood. Read More.

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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. Predictive analytics.

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Smart Data Collective

OCTOBER 11, 2023

This is one of the reasons the AI market is growing by 37% a year. CP Gupta also talked about the advantages of Angular development for machine learning in a Medium article titled Future of Angular in AI and Machine Learning. AI technology is going to be a lot more important for developing web applications in the near future.

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Smarten

SEPTEMBER 13, 2022

In this article, we review the possibilities of the Citizen Data Scientist environment in an effort to help your organization imagine the new business landscape. When an enterprise undertakes a Citizen Data Scientist initiative, it is striving to do just that. Power Users and Champions.

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Rocket-Powered Data Science

MARCH 10, 2020

Ahh, that’s the topic for another article. Consider this marketing attribution use case: person A sees the marketing campaign, person A talks about it on their social media account, person B is connected to person A and sees the comment, and subsequently person B buys the product. But this might help you get there: [link].

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Smarten

JUNE 8, 2022

In this article, we provide some examples of what a Citizen Data Scientist can do to advance the goals and interests of the organization and optimize their productivity and performance. What follows is a short list of sample use cases that leverage predictive analytics.

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Smart Data Collective

APRIL 18, 2019

This is especially applicable when it comes to articles covering the intersection between big data and marketing. There is a strong case to be made that big data is having a tremendous impact on sticker marketing and other forms of offline branding. It was difficult to segment data to make nuanced decisions across market groups.

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Decision Management Solutions

MAY 1, 2019

That post, referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question? , Another way to reduce operating costs is to increase the effectiveness of marketing and sales programs. Predictive analytics can make a significant impact on lowering risk. Sell More , 2.

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Smart Data Collective

JUNE 19, 2022

You can use predictive analytics tools to anticipate different events that could occur. Chaban addressed this in a recent article. Likewise, if a supplier publishes messaging that contradicts a brand’s marketing messages, consumers might become confused or disheartened by the inconsistency of the partnership.

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Risk Cost-Benefit Risk Management Manufacturing 133

Smart Data Collective

AUGUST 24, 2021

Using Data Analytics to Find the Perfect Cryptocurrency. However, when the market is so full of them, it can get a little hard to choose the right one. Data analytics technology can make it easier to choose the best cryptocurrency for long-term gains. Cryptocurrencies are one of the most popular things to invest in.

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CIO Business Intelligence

MAY 8, 2024

This article focuses on how these advancements are paving the way for data integration for the years to come in this ever-so-dynamic technological era. AI-powered data integration tools leverage advanced algorithms and predictive analytics to automate and streamline the data integration process. billion by 2025.

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CIO Business Intelligence

OCTOBER 26, 2022

With more than 20 years of experience in data and analytics, Gloria Edsall, whose identity has been changed for this article, is an aspiring CDO looking to break into a C-suite role. A few key strategies, however, can help you tell your career story through your resume without getting bogged down in the past.

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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. A large portion of this market is driven by investment companies and mutual funds. Big Data & Investment Today.

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Smart Data Collective

JUNE 8, 2023

many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. The Sports Analytics Market is expected to be worth over $22 billion by 2030. We have mentioned that golf players have used data analytics to improve performance.

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Smart Data Collective

JULY 9, 2023

This article is going to provide some great insights on developing strategies for unlocking additional value from an online business, which can do a lot to boost revenue and catapult the enterprise to new heights. Experimentation is the key to finding the highest-yielding version of your website elements.

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Smart Data Collective

SEPTEMBER 30, 2022

To help our readers understand the gravity of the many security risks associated with big data-generated insights, we’ve created an article that focuses on the most pressing privacy worries and offers strategies for addressing them. Breaches That Result in Obstruction of Privacy. There seems to be a constant decline in online privacy.

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Jedox

JUNE 25, 2020

Forecasts are unreliable and quickly become outdated due to rapid changes and complexity of markets. For this, modern planning software together with artificial intelligence-based (AI-based) predictive analytics can provide important support by evaluating historical data to derive forecasts for further development.

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Technology Finance Cost-Benefit Forecasting 94

datapine

OCTOBER 17, 2019

By the end of this article, making stunning and useful managerial reports will be second nature to you. As a Growthforce article states, management reporting helps answer some of the following questions for a CEO: “Am I pricing my jobs right? Where should I spend my marketing dollars?”. Who are my most profitable clients?

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Decision Management Solutions

DECEMBER 18, 2019

If they’re not used to improve marketing campaigns, decide on optimal inventory levels, or influence hiring processes, they might as well not exist. Tom’s numbers – one in 8 or so – are in line with other studies we have seen across predictive analytics, machine learning and AI more broadly (like this one by McKinsey ).

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Machine Learning Predictive Analytics Modeling Risk 67

IBM Big Data Hub

APRIL 25, 2024

The methodology gained prominence with the publication of a 1990 article in the Harvard Business Review, “Reengineering Work: Don’t Automate, Obliterate,” by Michael Hammer, and the 1993 book by Hammer and James Champy, Reengineering the Corporation.

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Cost-Benefit Finance Optimization Key Performance Indicator 63

Sisense

OCTOBER 29, 2021

Countries and municipalities of all kinds are seeking to use predictive analytics to counter the continued spread of COVID-19. Media companies are doubling down on the use of analytics to optimize the release of new content and help creators and influencers understand their reach. How many people are you reaching?

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