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 106

B2B Sales Big Data Cost-Benefit 106

datapine

JANUARY 31, 2022

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. It will ultimately help them spot new business opportunities, cut costs, or identify inefficient processes that need reengineering. The power of knowledge.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Smart Data Collective

JANUARY 30, 2023

However, there are other benefits of AI in marketing that get less publicity. As AI continues to change the marketing landscape , marketers will keep looking for new ways to automate various processes, reduce the scope of human error and lower costs. After all, it can mean their search engine optimization (SEO) techniques are working.

Advertising 96

Advertising Cost-Benefit Marketing Strategy 96

Smarten

DECEMBER 13, 2022

As businesses plan for data democratization, it is important to include a strategy to ensure that business users will accept augmented analytics solutions and adapt to the new Citizen Data Scientist role. Optimize resources. Optimize parts and inventory. Optimize schedules and training schedules. Manage costs.

Cost-Benefit 52

Cost-Benefit B2B Optimization Predictive Modeling 52

Sisense

NOVEMBER 5, 2020

Every company has implemented some application designed to improve employee experience, training and development, performance, benefits and compensation, and more. The right people analytics can help prevent attrition by identifying areas where employees are most engaged. Evolve to correlate data across systems.

People Analytics 85

People Analytics Analytics Digital Transformation Metrics 85

Occam's Razor

NOVEMBER 18, 2014

Short story #2: Predictive Modeling, Quantifying Cost of Inaction. And sometimes they are indeed optimal: 7 Data Presentation Tips: Think, Simplify, Calibrate, Visualize. Three cool benefits: 1. Better than the table, but perhaps less optimal than the Treemap. Short story #4: Multi-dimensional Slicing and Dicing!

Visualization 143

Visualization Slice and Dice Predictive Modeling Metrics 143