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5 Product Strategy Consulting Tips for Data-Driven Marketing Campaigns

Smart Data Collective

Big data is extremely important in the marketing profession. billion on marketing analytics by 2026. There is no disputing the fact that big data is invaluable to marketing. However, utilizing data analytics successfully can be a challenge. Make sure you have a clear goal.

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How Data Analytics Can Change the Way In-House Legal Departments Do Business 

Smart Data Collective

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.

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Guidelines on Using Data Analytics for Finding the Right Price Points

Smart Data Collective

A few years ago, Walter Baker and his colleagues at McKinsey reported that one of the biggest advantages of big data in business is that it can help with pricing decisions. “Without uncovering and acting on the opportunities big data presents, many companies are leaving millions of dollars of profit on the table.

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Top 10 Analytics And Business Intelligence Buzzwords For 2020

datapine

Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Mobile Analytics.

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Analytics Technology Redefines Social Media Marketing in Sports

Smart Data Collective

This data helps marketers understand the preferences, interests, and demographics of the target audience, enabling them to create personalized marketing campaigns and tailored offers. With predictive analytics, sports organizations can forecast fan engagement, identify trends, and enhance fan loyalty through targeted strategies.

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5 Sources of Data for Customer Analytics and Their Benefits

Smart Data Collective

There is no disputing that data analytics is a huge gamechanger for companies all over the world. Global businesses are projected to spend over $684 billion on big data by 2030. There are many ways that companies are using big data to boost their profitability. Do you know what motivates your customers?

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The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

On end user clients calls, are you hearing a greater focus on use cases and greater need for prescriptive analytics, ex marketing analytics, sales analytics, healthcare, etc. where performance and data quality is imperative? Yes, prescriptive and predictive analytics remain very popular with clients.