Smart Data Collective

JULY 23, 2023

Competitor analysis: You can also use data to analyze the larger market, helping you to stay informed about what your competitors are up to. By monitoring industry data along with competitive intelligence you can spot opportunities and make valuable strategic adjustments that help you beat out your competitors.

Analytics 75

Analytics Advertising Business Intelligence Risk 75

Smart Data Collective

APRIL 13, 2021

Business data is highly valuable for cybercriminals. They even go after meta data. Big data can reveal trade secrets, financial information, as well as passwords or access keys to crucial enterprise resources. Stolen data can be sold on the black market or used for extortion like in the case of ransomware.

Testing 122

Testing Behavioral Analytics Data-driven Big Data 122

Smart Data Collective

JUNE 4, 2021

The list of rewards and risks is given as input to the algorithm. The algorithm deduces the best approaches to maximize rewards and minimize risks. Use regression for understanding the relationship between data and for predictions. Along with data science, other related skills are needed to work on data science projects.

Data Science 104

Data Science Statistics Deep Learning Machine Learning 104

datapine

FEBRUARY 22, 2022

Over the past 5 years, big data and BI became more than just data science buzzwords. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218