Smart Data Collective

JUNE 8, 2023

We have talked extensively about the many industries that have been impacted by big data. many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. However, many other industries have also been affected by advances in big data technology.

Data Analytics 82

Data Analytics Analytics Data Collection Statistics 82

Rocket-Powered Data Science

MARCH 10, 2020

“Shocking Amount of Data” An excerpt from my chapter in the book: “We are fully engulfed in the era of massive data collection. All those data represent the most critical and valuable strategic assets of modern organizations that are undergoing digital disruption and digital transformation.

Data Collection 248

Data Collection Digital Transformation Big Data Forecasting 248

IBM Big Data Hub

MARCH 7, 2023

At Innocens BV, the belief is that earlier identification of sepsis-related events in newborns is possible, especially given the vast amount of data points collected from the moment a baby is born. Years’ worth of aggregated data in the NICU could help lead us to a solution.

Risk 52

Risk Technology Informatics Predictive Modeling 52

Smart Data Collective

APRIL 23, 2022

In recent years, organized sports have been steadily changed by big data. More sports companies are likely to invest in big data in the future. Many people are unaware of the importance of big data or even what it is. This data may overwhelm businesses every day in structured or unstructured forms.

Analytics Technologies 106

Analytics Technologies Broadcasting Data Analytics Technology 106

Smart Data Collective

AUGUST 26, 2021

That’s where data analytics steps into the picture. Big Data Analytics & Weather Forecasting: Understanding the Connection. Big data analytics refers to a combination of technologies used to derive actionable insights from massive amounts of data. appeared first on SmartData Collective.

Forecasting 129

Forecasting Data Analytics Analytics IoT 129

Rocket-Powered Data Science

MARCH 19, 2021

The vast scope of this digital transformation in dynamic business insights discovery from entities, events, and behaviors is on a scale that is almost incomprehensible. Traditional business analytics approaches (on laptops, in the cloud, or with static datasets) will not keep up with this growing tidal wave of dynamic data.

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Smart Data Collective

DECEMBER 17, 2020

Big data is disrupting the healthcare sector in incredible ways. The market for data solutions in healthcare is expected to be worth $67.8 While stories about the sudden growth of big data in healthcare make for great headlines, they don’t always delve into the details. Better patient outcomes with big data.

Data-driven 116

Data-driven Big Data Software Risk 116

Rocket-Powered Data Science

JULY 6, 2021

Specifically, in the modern era of massive data collections and exploding content repositories, we can no longer simply rely on keyword searches to be sufficient. One type of implementation of a content strategy that is specific to data collections are data catalogs. Data catalogs are very useful and important.

Strategy 267

Strategy Machine Learning Metadata Knowledge Discovery 267

Smart Data Collective

OCTOBER 26, 2019

While there is more of a push to use cloud data for off-site backup , this method comes with its own caveats. In the event of a network shutdown or failure, it may take much longer to restore functionality (and therefore connection) to a cloud-hosted off-site backup. Big Data Storage Concerns. Conclusion.

Big Data 45

Big Data Data Lake Cost-Benefit Measurement 45

AWS Big Data

MAY 15, 2024

By extracting detailed information from CloudTrail and querying it using Athena, this solution streamlines the process of data collection, analysis, and reporting of EIP usage within an AWS account. AWS CloudTrail Lake supports the collection of events from multiple AWS regions and AWS accounts.

Snapshot 89

Snapshot Optimization Data Lake Reporting 89

AWS Big Data

MARCH 13, 2024

Data analytics – Business analysts gather operational insights from multiple data sources, including the location data collected from the vehicles. Using EventBridge integration, filtered positional updates are published to an EventBridge event bus.

Analytics 95

Analytics IoT Metadata Internet of Things 95

AWS Big Data

MAY 16, 2023

Different communication infrastructure types such as mesh network and cellular can be used to send load information on a pre-defined schedule or event data in real time to the backend servers residing in the utility UDN (Utility Data Network).

Dashboards 78

Dashboards Statistics Data Collection Business Intelligence 78

Smart Data Collective

NOVEMBER 25, 2019

New technologies, especially those driven by artificial intelligence (or AI), are changing how businesses collect and extract usable insights from data. New Avenues of Data Discovery. In the future, companies that come to rely on these new data sources will also need to protect that data — or risk the consequences.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

Smart Data Collective

MARCH 28, 2022

Prescriptive data analytics: It is used to predict outcomes and necessary subsequent actions by combining the features of big data and AI. Diagnostic data analytics: It analyses the data from the past to identify the cause of an event by using techniques like data mining, data discovery, and drill down.

Data Analytics 84

Data Analytics Software Analytics Statistics 84

FineReport

MARCH 7, 2024

In the realm of big data utilization , we often romanticize its profound impact, envisioning scenarios like precision-targeted advertising, streamlined social security management, and the intelligent evolution of the pharmaceutical sector. Why Big Data Analysis Report? Try FineReport Now 1.

Dashboards 52

Dashboards Reporting Advertising Statistics 52

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics in business Predictive analytics draws its power from a wide range of methods and technologies, including big data, data mining, statistical modeling, machine learning, and assorted mathematical processes. Energy: Forecast long-term price and demand ratios. Financial services: Develop credit risk models.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Jen Stirrup

APRIL 16, 2024

Today’s post is a summit roundup with highlights from Day 1 of the event. ” Artificial Intelligence and Data: The Fuel for Green Hydrogen's Growth To optimize the production and supply chain of green hydrogen, stakeholders at the summit underlined the need for comprehensive data collection and analysis. .”

Data Processing 58

Data Processing Data-driven Optimization Forecasting 58

CIO Business Intelligence

MAY 16, 2023

Big Data collection at scale is increasing across industries, presenting opportunities for companies to develop AI models and leverage insights from that data. Regulation: Lawmakers worldwide are considering privacy legislation and other rules that could limit the scope of data collection and AI use cases.

Advertising 101

Advertising Recreation/Entertainment Experimentation Enterprise 101

Rocket-Powered Data Science

JULY 7, 2019

7) Security (airports, shopping malls, entertainment & sport events). Autonomous Vehicles: Self-driving (guided without a human), informed by data streaming from many sensors (cameras, radar, LIDAR), and makes decisions and actions based on computer vision algorithms (ML and AI models for people, things, traffic signs,…).

Internet of Things 157

Internet of Things Machine Learning Manufacturing IoT 157

IBM Big Data Hub

FEBRUARY 14, 2024

These systems can evaluate vast amounts of data to uncover trends and patterns, and to make decisions. They can also help businesses predict future events and understand why past events occurred. Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps).

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

Cloudera

JANUARY 20, 2021

The data journey is not linear, but it is an infinite loop data lifecycle – initiating at the edge, weaving through a data platform, and resulting in business imperative insights applied to real business-critical problems that result in new data-led initiatives. Data Collection Challenge.

Digital Transformation 110

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 110

Smart Data Collective

FEBRUARY 14, 2023

The gaming industry is among those most affected by breakthroughs in data analytics. A growing number of gaming developers are utilizing big data to make their content more engaging. It is no wonder these companies are leveraging big data, since gamers produce over 50 terabytes of data a day.

Big Data 117

Big Data Data Analytics Analytics Testing 117

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

Data Science 77

Data Science Data Analytics Prescriptive Analytics Analytics 77

erwin

JUNE 11, 2020

Apply real-time data in marketing strategies. With real-time analytics, businesses are able to utilize information such as regional or local sales patterns, inventory level summaries, local event trends, sales history, or seasonal factors in reviving marketing models and strategies and directing them to better serve their customers.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

IBM Big Data Hub

MAY 28, 2024

Data backup and recovery Data backup and disaster recovery involves periodically creating or updating more copies of files, storing them in one or more remote locations, and using the copies to continue or resume business operations in the event of data loss due to file damage, data corruption, cyberattack or natural disaster.

Strategy 83

Strategy Measurement Risk Cost-Benefit 83

datapine

JANUARY 6, 2022

Based on that amount of data alone, it is clear the calling card of any successful enterprise in today’s global world will be the ability to analyze complex data, produce actionable insights and adapt to new market needs… all at the speed of thought. Business dashboards are the digital age tools for big data. Dependable.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

IBM Big Data Hub

JUNE 8, 2023

By harnessing the power of watsonx generative AI capabilities and pre-trained foundation models, IBM could potentially analyze large volumes of data collected from various sources, such as satellite imagery, BluBoxx TM underwater sensors, and historical records, to identify patterns and predict potential threats to coral reefs.

Technology 77

Technology Measurement Cost-Benefit Data-driven 77

IBM Big Data Hub

APRIL 22, 2024

The US City of Atlanta , for example, uses IBM data collection, machine learning and AI to monitor public transit tunnel ventilation systems and predict potential failures that could put passengers at risk. This will help advance progress by optimizing resources used.

IoT 78

IoT Internet of Things Cost-Benefit Reporting 78

Smart Data Collective

MAY 6, 2019

In other words, these companies want autonomous vehicles that are navigating complex city environments by themselves and without the assistance of a human driver who can take over in the event of an emergency. It’s a matter of trust.

Management 103

Management Insurance Data Collection Cost-Benefit 103

Smart Data Collective

MARCH 23, 2022

The analysis mainly focused on promotional campaigns that can significantly benefit from data collected from polls, surveys, and social media analysis. Moreover, it’s possible to predict customers’ locations only by using social media, products, and services that rely on the customer’s location, events, and more.

Data mining 120

Data mining Marketing Insurance Data Collection 120

IBM Big Data Hub

FEBRUARY 7, 2024

Investors, regulators and stakeholders are increasingly demanding that companies disclose their exposure to climate-related risks , such as dependence on fossil fuels or vulnerability to weather events.

Reporting 90

Reporting Internet of Things Cost-Benefit Data-driven 90

IBM Big Data Hub

FEBRUARY 23, 2024

Second, a comprehensive inventory makes it easier to comply with user requests to share, update, or delete their data. To ensure that consent is informed, the organization should clearly explain what it collects and how it will use that data at the point of data collection. Consents cannot be bundled, either.

Measurement 76

Measurement Risk Data Collection Data Processing 76

Smart Data Collective

DECEMBER 20, 2019

Adoption is certainly ramping up, and the technologies that support IoT are also growing more sophisticated — including big data, cloud computing and machine learning. Reports are especially useful to have during inspections , insurance and liability events, and much more. Enhances Operational Intelligence Support.

IoT 58

IoT Internet of Things Measurement Reporting 58

CIO Business Intelligence

MARCH 24, 2023

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time. IBM Data Governance IBM Data Governance leverages machine learning to collect and curate data assets.

Data Governance 142

Data Governance Management Metadata Data Quality 142

AWS Big Data

FEBRUARY 26, 2024

It empowers businesses to explore and gain insights from large volumes of data quickly. Amazon OpenSearch Ingestion is a fully managed, serverless data collection solution that efficiently routes data to your OpenSearch Service domains and Amazon OpenSearch Serverless collections.

Dashboards 63

Dashboards Testing Metrics Optimization 63

Smart Data Collective

OCTOBER 8, 2019

Big data has taken all forms of sports analytics by storm, but we are only now really beginning to see what it can do for hockey. Data tracking technology has taken the work from the analysts, giving you statistics in real time. What KPIs Do Hockey Decision-Makers Track with Big Data? This is what we know.

Big Data 86

Big Data Broadcasting Statistics Metrics 86

IBM Big Data Hub

AUGUST 7, 2023

It offers enhanced capabilities to analyze complex and large volumes of comprehensive recruitment data to accurately forecast enrollment rates at study, indication, and country levels. By having a plan in place to address unexpected events or challenges, sponsors can minimize disruptions and keep the trial on track.

Optimization 55

Optimization Forecasting Data-driven Strategy 55