Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Patil and other experts argue that big data can help them with this.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Smart Data Collective

FEBRUARY 14, 2023

There are many other reasons AI and big data technology is changing finance. One of the biggest is that more financial institutions are using predictive analytics tools to assist with asset management. What is asset allocation and how can predictive analytics improve its effectiveness?

Predictive Analytics 107

Predictive Analytics Management Analytics Risk 107

BizAcuity

MARCH 18, 2019

Credit scoring systems and predictive analytics model attempt to quantify uncertainty and provide guidance for identifying, measuring and monitoring risk. Benefits of Predictive Analytics in Unsecured Consumer Loan Industry. Predictive Analytics enhances the Lending Process.

Predictive Analytics 83

Predictive Analytics Analytics Cost-Benefit Data mining 83

Smart Data Collective

OCTOBER 6, 2023

Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. It is easier to do so with the use of data derived from predictive analytics.

Management 115

Management Analytics Predictive Analytics Cost-Benefit 115

Smart Data Collective

AUGUST 18, 2021

When applied to the hiring process, data analytics can help you strategically grow and manage your team with greater accuracy and success. More companies are using big data to create a stronger company culture. Moreover, big data can also improve talent retention by 56% and better clarify skills gaps by 50%.

Data Science 136

Data Science Management Big Data Metrics 136

Smart Data Collective

MARCH 21, 2022

Data Management before the ‘Mesh’. In the early days, organizations used a central data warehouse to drive their data analytics. Even today, there are a large number of them using data lakes to drive predictive analytics. This is also true that decentralized data management is not new.

Management 66

Management Data Lake Uncertainty Data Warehouse 66

Domino Data Lab

JUNE 2, 2019

If you lead a data science team/org, DM me and I’ll send you an invite to data-head.slack.com ”. We had data science leaders presenting about lessons learned while leading data science teams, covering key aspects including scalability, being model-driven, being model-informed, and how to shape the company culture effectively.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110