Smart Data Collective

NOVEMBER 17, 2021

Data analytics has become a crucial element of the financial industry. Financial institutions such as mutual funds and insurance companies are using big data to improve their operations. The market for financial analytics services is expected to be worth $14 billion by 2026. Pros of Investing in Stocks.

Analytics 111

Analytics Big Data Data-driven ROI 111

Smart Data Collective

DECEMBER 17, 2021

Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. It can refer to predictive analytics or even “big data.” Business Intelligence is the process of using raw data and analyzing it to get insights into a company’s performance.

Business Intelligence 93

Business Intelligence Cost-Benefit Dashboards Interactive 93

CIO Business Intelligence

FEBRUARY 14, 2023

By George Trujillo, Principal Data Strategist, DataStax Increased operational efficiencies at airports. 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.

Data Strategy 116

Data Strategy Strategy Machine Learning Data-driven 116

Smart Data Collective

JULY 24, 2023

Nabil M Abbas of Towards Data Science talked about one of the most interesting ways that data analytics is changing the NBA. Abbas states that more players are attempting three-point shots based on analytics findings. We will also cover some of the changes brought on by data analytics. a year until 2030.

Analytics Technologies 79

Analytics Technologies Marketing Technology Analytics 79

datapine

MARCH 15, 2019

At present, 53% of businesses are in the process of adopting big data analytics as part of their core business strategy – and it’s no coincidence. To win on today’s information-rich digital battlefield, turning insight into action is a must, and online data analysis tools are the very vessel for doing so.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

Smart Data Collective

MARCH 30, 2022

While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are. New ecommerce startups are discovering interesting ways to utilize analytics. Those that have a solid strategy predicated on it will have a higher ROI.

Analytics 114

Analytics Cost-Benefit Testing Dashboards 114

datapine

NOVEMBER 5, 2019

Studies suggest that businesses that adopt a data-driven marketing strategy are likely to gain an edge over the competition and in turn, increase profitability. In fact, according to eMarketer, 40% of executives surveyed in a study focused on data-driven marketing, expect to “significantly increase” revenue. Still unsure?

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

datapine

JANUARY 6, 2022

1) What Is Data Interpretation? 2) How To Interpret Data? 3) Why Data Interpretation Is Important? 4) Data Analysis & Interpretation Problems. 5) Data Interpretation Techniques & Methods. 6) The Use of Dashboards For Data Interpretation. Business dashboards are the digital age tools for big data.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

IBM Big Data Hub

SEPTEMBER 6, 2023

From customized content creation to task automation and data analysis, AI has seemingly endless applications when it comes to marketing, but also some potential risks. More accurate measurement of KPIs: Digital campaigns generate more data than humans can keep up with, which can make measuring the success of marketing initiatives difficult.

Marketing 86

Marketing Technology Advertising ROI 86

datapine

OCTOBER 17, 2019

Management reporting is a source of business intelligence that helps business leaders make more accurate, data-driven decisions. They collect data from various departments of the company tracking key performance indicators ( KPIs ) and present them in an understandable way. They were using historical data only.

Reporting 263

Reporting Management Dashboards KPI 263

Smart Data Collective

JULY 17, 2019

Big data and artificial intelligence technology is going to play an extremely important role in the near future in the future of senior care. The benefits of this are threefold: Artificial intelligence-driven robots reduce the need for human workers. The senior care industry is undergoing a massive transformation.

Cost-Benefit 83

Cost-Benefit Machine Learning Advertising Risk 83

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Cost-Benefit 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

IBM Big Data Hub

NOVEMBER 30, 2023

Leverage data and analytics By leveraging data-driven insights, organizations can make informed decisions, optimize the recruitment processes and improve the overall quality of hires. It can enable organizations to streamline recruitment processes, improve candidate experience and make data-driven hiring decisions.

Strategy 69

Strategy Cost-Benefit Consulting Data-driven 69

datapine

APRIL 22, 2020

“Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway.” – Geoffrey Moore. And, as a business, if you use your data wisely, you stand to reap great rewards. But, with so much data and such little time, where do you even begin? We live in the age of information.

Dashboards 189

Dashboards Key Performance Indicator Visualization Cost-Benefit 189

Smart Data Collective

DECEMBER 15, 2020

Big data has had a tremendous impact on the financial industry. One of the biggest financial applications of new data technology involves stock trading. You can significantly increase the profitability of your trades by investing in top-of-the-line analytics technology. How Can Data Analytics Assist with Stock Trading.

Data Analytics 65

Data Analytics Analytics Big Data Risk 65

Alation

MARCH 21, 2023

Today, modern travel and tourism thrive on data. For example, airlines have historically applied analytics to revenue management, while successful hospitality leaders make data-driven decisions around property allocation and workforce management. What is big data in the travel and tourism industry?

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Decision Management Solutions

JULY 8, 2020

The research looked at the increasingly broad portfolio of analytic capabilities available to enterprises – everything from traditional Business Intelligence (BI) capabilities like reporting and ad-hoc queries to modern visualization and data discovery capabilities as well as advanced (predictive) analytics.

Reporting 134

Reporting Analytics ROI Key Performance Indicator 134

datapine

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. Companies must adjust to the ambiguity of data, and act accordingly. If you gather data, you need to analyze and report on it, no matter which industry or sector you operate in. Increasing the workflow speed.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

datapine

JULY 1, 2020

“The goal is to turn data into information, and information into insight.” – Carly Fiorina, former executive, president, HP. Digital data is all around us. quintillion bytes of data every single day, with 90% of the world’s digital insights generated in the last two years alone, according to Forbes.

Reporting 260

Reporting Cost-Benefit Dashboards Visualization 260

IBM Big Data Hub

SEPTEMBER 11, 2023

On June 7, 1983, a product was born that would revolutionize how organizations would store, manage, process , and query their data: IBM Db2. Codd published his famous paper “ A Relational Model of Data for Large Shared Data Banks.” Over the past 40 years, Db2 has been on an exciting and transformational journey.

Machine Learning 91

Machine Learning Cost-Benefit IoT Data Warehouse 91

CDW Research Hub

JULY 12, 2021

Creating a modern data platform that can support your current and future needs is critical in a data-driven organization. Business leaders need to be able to access data quickly —and to trust the accuracy of that data—to make better decisions. It is a faster way to manage data. It offers great ROI.

Data Governance 52

Data Governance ROI Big Data Data-driven 52

Rocket-Powered Data Science

OCTOBER 6, 2023

There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnostic analytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable. This is predictive power discovery.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. The fill report is here: Leadership Vision for 2021: Data and Analytics. Which industry, sector moves fast and successful with data-driven?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

By leveraging data analysis to solve high-value business problems, they will become more efficient. This is in contrast to traditional BI, which extracts insight from data outside of the app. that gathers data from many sources. These tools prep that data for analysis and then provide reporting on it from a central viewpoint.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52