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

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

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

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

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.

Data Science 110

Data Science Statistics Recreation/Entertainment Predictive Analytics 110

Smarten

JUNE 10, 2022

Predictive Modeling to support business needs, forecast, and test theories. Embedded BI to allow users to sign in to familiar enterprise apps and leverage APIs to integrate analytics within that application for intuitive use. Assisted Predictive Modeling.

Slice and Dice 52

Slice and Dice Analytics Key Performance Indicator Business Intelligence 52

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. An Autoregressive Integrated Moving Average with Explanatory Variable (ARIMAX) model can be viewed as a multiple regression model with one or more autoregressive (AR) terms and/or one or more moving average (MA) terms.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Smarten

JUNE 26, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series of errors. ’ The ARIMA model is suggested for short term forecasting.

Forecasting 40

Forecasting Enterprise IT Sales 40

IBM Big Data Hub

MAY 17, 2024

This article explores four transformative use cases for AI in commerce that are already enhancing the customer journey, especially in the e-commerce business and e-commerce platform components of the overall omnichannel experience.

B2B 65

B2B Interactive Optimization Forecasting 65

Smarten

JUNE 20, 2018

In this article, we will focus on the identification and exploration of data patterns and the trends that data reveals. In this article, we have reviewed and explained the types of trend and pattern analysis. The business can use this information for forecasting and planning, and to test theories and strategies. Cyclical Patterns.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

This article explains the Karl Pearson Correlation method of analysis, and how it can be applied in business. What is the Karl Pearson Correlation Analytical Technique? Correlation is a statistical measure that indicates the extent to which two variables fluctuate together.

Enterprise 40

Enterprise IT Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

This article describes the Simple Linear Regression method of analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

Smarten

JUNE 28, 2018

This article discusses the analytical method of Hierarchical Clustering and how it can be used within an organization for analytical purposes. What is Hierarchical Clustering?

IT 40

IT Business Intelligence Predictive Modeling Risk 40

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 27, 2018

This article presents a brief explanation of Outliers, and how this type of analysis is used. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

IT 40

IT Business Intelligence Predictive Modeling Testing 40

Smarten

JUNE 29, 2018

In this article, we will discuss the Binary Logistic Regression Classification method of analysis, and how it can be used in business. What is Binary Logistic Regression Classification? Logistic regression measures the relationship between the categorical target variable and one or more independent variables.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 26, 2018

This article provides a brief definition of the multinomial-logistic regression classification algorithm and its uses and benefits. What is the Multinomial-Logistic Regression Classification Algorithm?

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 25, 2018

This article provides a brief explanation of the KMeans Clustering algorithm. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

This article discusses the analytical technique known as Sampling and provides a brief explanation of two types of sampling analysis, and how each of these methods is applied. What is Sampling Analysis?

Analytics 40

Analytics Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

This article focuses on the Independent Samples T Test technique of Hypothesis testing. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 27, 2018

This article provides a brief explanation of the SVM Classification method of analytics. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Analytics 40

Business Analytics Analytics IT Business Intelligence 40

IBM Big Data Hub

JULY 6, 2023

One ride-hailing transportation company uses big data analytics to predict supply and demand, so they can have drivers at the most popular locations in real time. An e-commerce conglomeration uses predictive analytics in its recommendation engine.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

Smarten

JUNE 29, 2018

In this article, we will discuss the KNN Classification method of analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

This article will focus on the Naïve Bayes Classification method of analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise IT Business Intelligence Forecasting 40

Smarten

JUNE 26, 2018

This article describes chi square test of association and hypothesis testing. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 27, 2018

In this article, we will discuss the Decision Tree analysis method. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist. What is Decision Tree Analysis?

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

This article discusses the Paired Sample T Test method of hypothesis testing and analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

datapine

MARCH 25, 2022

There is not a clear line between business intelligence and analytics, but they are extremely connected and interlaced in their approach towards resolving business issues, providing insights on past and present data, and defining future decisions. Try our professional BI and analytics software for 14 days free! What Do The Experts Say?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smarten

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools.

Analytics 40

Analytics Forecasting Statistics Sales 40

Smarten

JUNE 26, 2018

This article provides a brief explanation of the FP Growth technique of Frequent Pattern Mining. Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible in some self-serve business intelligence solutions. What is the FP Growth Algorithm?

Business Intelligence 40

Business Intelligence Sales Predictive Modeling Statistics 40

Smarten

JANUARY 5, 2023

By embedding BI and augmented analytics into the enterprise apps and software solutions, you can make analytics accessible from within the confines of the popular and familiar systems your team uses the most, and you can ensure user adoption and suitable ROI and TCO. Improve user adoption and ROI for BI investments.

ROI 52

ROI Business Intelligence Cost-Benefit Software 52

Smarten

JUNE 29, 2018

In this article, we discuss the analytical method known as frequent pattern mining, previously known as ‘association’ What is Frequent Pattern Mining?

Business Analysis 40

Business Analysis IT Business Intelligence Sales 40

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.

Predictive Modeling 52

Predictive Modeling Predictive Analytics Cost-Benefit Advertising 52

Smarten

DECEMBER 5, 2022

In this article, we provide a list with links that will detail some of the many analytical techniques your business users will employ and provide examples of how these techniques can be used to solve problems and identify opportunities with clear, easy techniques and results.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Forecasting Testing 52

Occam's Razor

NOVEMBER 18, 2014

Short story #2: Predictive Modeling, Quantifying Cost of Inaction. Short story #2: Predictive Modeling, Quantifying Cost of Inaction. The work of the New York Times team inspired me it to do some predictive modeling for inaction in our world of digital marketing. Thank goodness for predictive models.

Visualization 143

Visualization Slice and Dice Predictive Modeling Metrics 143

datapine

JANUARY 31, 2022

Experts say that BI and data analytics makes the decision-making process 5x times faster for businesses. Renowned author Bernard Marr wrote an insightful article about Shell’s journey to become a fully data-driven company. 5) Find improvement opportunities through predictions. Let’s look at our first use case.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214