Smart Data Collective

AUGUST 30, 2020

Predictive analytics is revolutionizing the future of cybersecurity. A growing number of digital security experts are using predictive analytics algorithms to improve their risk scoring models. The features of predictive analytics are becoming more important as online security risks worsen.

Predictive Analytics 108

Predictive Analytics Analytics Analytics Technologies Risk 108

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.

Predictive Analytics 81

Predictive Analytics Forecasting Analytics Machine Learning 81

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.

Predictive Analytics 79

Predictive Analytics Analytics Forecasting Modeling 79

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.

Predictive Analytics 92

Predictive Analytics Analytics Insurance Cost-Benefit 92

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.

Predictive Analytics 59

Predictive Analytics Analytics IT Business Intelligence 59

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 115

Management Analytics Predictive Analytics Cost-Benefit 115

Smart Data Collective

NOVEMBER 24, 2019

He discussed this topic in detail in one of his articles. One of the biggest applications is that new predictive analytics models are able to get a better understanding of the relationships between employees and find areas where they break down. Big Data is the Key to Stronger Team Extension Models. Pros and cons.

Big Data 73

Big Data Modeling ROI Predictive Analytics 73

Smarten

MAY 28, 2024

We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal. If you have not registered yet, Click Here to obtain your login credentials.

Predictive Modeling 67

Predictive Modeling Snapshot Modeling Analytics 67

Decision Management Solutions

JANUARY 16, 2020

The Machine Learning Times (previously Predictive Analytics Times) is the only full-scale content portal devoted exclusively to predictive analytics. In this month’s featured article, Eric Siegel, Ph.D., ” In his article, Eric warns, “Predictive models often fail to launch.

Machine Learning 87

Machine Learning Predictive Modeling Predictive Analytics Deep Learning 87

DataRobot Blog

JANUARY 27, 2019

In my previous articles Predictive Model Data Prep: An Art and Science and Data Prep Essentials for Automated Machine Learning, I shared foundational data preparation tips to help you successfully. by Jen Underwood. Read More.

Machine Learning 92

Machine Learning Modeling Predictive Modeling Predictive Analytics 92

Rocket-Powered Data Science

MARCH 19, 2021

This article quotes an older market projection (from 2019) , which estimated “the global industrial IoT market could reach $14.2 Another dimension to this story, of course, is the Future of Work discussion, including creation of new job titles and roles, and the demise of older job titles and roles. trillion by 2030.”.

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Smarten

MARCH 12, 2024

We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal. If you have not registered yet, Click Here to obtain your login credentials.

Predictive Modeling 62

Predictive Modeling Dashboards Modeling Analytics 62

Smart Data Collective

JULY 24, 2023

This article will delve into the transformative potential of AI in Vendor Management Systems, and how it’s setting the stage for a more strategic, intelligent, and efficient approach to procurement. As AI reshapes traditional operational landscapes, the procurement sector stands on the cusp of a new era.

Management 87

Management Cost-Benefit Data-driven Predictive Analytics 87

Smarten

APRIL 1, 2024

We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal. If you have not registered yet, Click Here to obtain your login credentials.

Predictive Modeling 62

Predictive Modeling Testing Modeling Analytics 62

Smarten

FEBRUARY 1, 2024

We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal. If you have not registered yet, Click Here to obtain your login credentials.

Predictive Modeling 62

Predictive Modeling Publishing Testing Modeling 62

Smart Data Collective

MARCH 2, 2023

As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Kaneshwari Patil wrote an article for Nasscom Insights about the reasons companies should invest in big data during the recession. This helps companies adapt to meet their changing expectations.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Smart Data Collective

SEPTEMBER 6, 2023

Many financial institutions are already using these types of predictive analytics models to fight fraud. AI is going to be more important than ever, as this article from IBM highlights. As a countermeasure, fraud detection software has become an indispensable ally in the battle against online deceit.

Software 104

Software Digital Transformation Measurement Predictive Analytics 104

Decision Management Solutions

APRIL 23, 2019

In that post, I referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question? , Predictive analytics can make a significant impact in this process, helping to ensure that carriers accept and price policies to properly balance the medical or financial risk against the value of the premiums.

Insurance 69

Insurance Risk Technology Management 69

Smarten

JUNE 8, 2022

Citizen Data Scientists can create new models, share models and collaborate, thereby improving business results and data literacy.’. 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.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Forecasting Optimization 52

Rocket-Powered Data Science

MARCH 10, 2020

And this: perhaps the most powerful node in a graph model for real-world use cases might be “context”. How does one express “context” in a data model? Ahh, that’s the topic for another article. Hence, the graph model can be applied productively and effectively in numerous network analysis use cases.

Metadata 250

Metadata Machine Learning ROI Prescriptive Analytics 250

Domino Data Lab

JULY 28, 2021

In this article, we will provide an overview of the three overlapping components of data science, the importance of communication and collaboration, and how the Domino Data Lab MLOps platform can help improve the speed and efficiency of your team. All models are not made equal. After cleaning, the data is now ready for processing.

Data Science 110

Data Science Statistics Recreation/Entertainment Predictive Analytics 110

Smarten

DECEMBER 13, 2023

We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal. If you have not registered yet, Click Here to obtain your login credentials.

Predictive Modeling 70

Predictive Modeling Sales Reporting Modeling 70

CIO Business Intelligence

AUGUST 2, 2022

Reyes accomplishments and success in the IT industry was acknowledged last year in an award-winning CIO.com article profiling Hispanic technology executives who have broken through barriers to rise to the top of the IT industry, paving a path for others to follow. What is the biggest challenge for you in this area right now? That’s one.

Data Quality 97

Data Quality Digital Transformation Machine Learning Predictive Analytics 97

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? , Predictive analytics can make a significant impact on lowering risk. In February, we published a blog post on “Using Technology to Add Value in Insurance”. Sell More , 2. Manage Risk Better , and 3.

Insurance 75

Insurance Technology Predictive Analytics Risk 75

Smart Data Collective

JULY 9, 2021

They can use data analytics to assess the performance of employees in different situations, including traditional workers in-house, remote workers and independent contractors. It also helps with creating a solid hiring model. Data analytics helps companies match the right employees or applicants with the right responsibilities.

Data Analytics 127

Data Analytics Management Analytics Big Data 127

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.

Data Analytics 72

Data Analytics Analytics Predictive Analytics Insurance 72

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. Mitsui Chemicals Europe upgraded its existing Jedox planning environment with the Jedox Predictive Analytics and AI solution.

Forecasting 58

Forecasting Predictive Analytics Sales Data Integration 58

Decision Management Solutions

JANUARY 24, 2020

Digital decisioning is a way to deliver smarter, simpler and more dynamic processes while effectively applying predictive analytics, machine learning and AI – not to the process itself, but to the critical decisions on which the process relies. books, articles, courses). What are the best resources to learn those skills?

Machine Learning 67

Machine Learning Predictive Analytics Data-driven Management 67

IBM Big Data Hub

MAY 17, 2024

Poorly run implementations of traditional or generative AI in commerce—such as models trained on inadequate or inappropriate data—lead to bad experiences that alienate consumers and businesses. AI models analyze vast amounts of data quickly and accurately.

B2B 65

B2B Interactive Optimization Forecasting 65

CIO Business Intelligence

FEBRUARY 14, 2023

To succeed with real-time AI, data ecosystems need to excel at handling fast-moving streams of events, operational data, and machine learning models to leverage insights and automate decision-making. AI continues to transform customer engagements and interactions with chatbots that use predictive analytics for real-time conversations.

Data Strategy 116

Data Strategy Strategy Machine Learning Data-driven 116

Rocket-Powered Data Science

JULY 7, 2019

Analytics: The products of Machine Learning and Data Science (such as predictive analytics, health analytics, cyber analytics). Edge Computing (and Edge Analytics): Industry 4.0: Algorithm: A set of rules to follow to solve a problem or to decide on a particular action (e.g., Examples: Cars, Trucks, Taxis.

Internet of Things 157

Internet of Things Machine Learning Manufacturing IoT 157

Jedox

JUNE 25, 2020

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. Planning becomes much more efficient. With our eBook , you can start planning your Tech Refresh.

Technology 94

Technology Finance Cost-Benefit Forecasting 94

Jedox

JULY 6, 2021

When considering the performance of any forecasting model, the prediction values it produces must be evaluated. An error metric is a way to quantify the performance of a model and provides a way for the forecaster to quantitatively compare different models 1. This is done by calculating suitable error metrics.

Forecasting 104

Forecasting Metrics Testing Modeling 104

datapine

MARCH 31, 2022

While analysts focus on historical data to understand current business performance, scientists focus more on data modeling and prescriptive analysis. They use advanced technologies such as machine learning models to generate predictions about future business performance. Main Challenges Of A Business Intelligence Career.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Smart Data Collective

JANUARY 21, 2021

A growing number of solar energy companies are using new advances in data analytics and machine learning to increase the value of their products. A little over a year ago, Entrepreneur.com published an article on this topic titled Big Data and Solar Energy Are a Match Made in Heaven. “This is where big data comes in.

Big Data 131

Big Data Cost-Benefit Data-driven Machine Learning 131

Smart Data Collective

SEPTEMBER 28, 2022

And finally, they’ll help identify vendors who offer services like big data analysis or predictive analytics modeling so that those resources are accessible when needed most. We hope this article has helped you understand the benefits of big data management. Conclusion.

Big Data 104

Big Data Management Data Quality Cost-Benefit 104

Smart Data Collective

NOVEMBER 18, 2020

Data Science is used in different areas of our life and can help companies to deal with the following situations: Using predictive analytics to prevent fraud Using machine learning to streamline marketing practices Using data analytics to create more effective actuarial processes. Where to Use Data Science?

Data mining 143

Data mining Data Science Informatics Statistics 143