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. There are a number of huge benefits of using data analytics to identify seasonal trends.

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

Sisense

OCTOBER 6, 2020

All descriptive statistics can be calculated using quantitative data. It’s analyzed through numerical comparisons and statistical inferences and is reported through statistical analyses. Consequently, using quantitative data, you can make strategic and tactical decisions that will benefit your organization and drive growth.

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

Domino Data Lab

JULY 22, 2019

You know, case in point, if you were to talk about predictive analytics 20 years ago, the main people in the field would have laughed you out of the room. Predictive analytics, yeah, not so much.” That leads to what Andrew Ng has famously called “the virtuous cycle of data.” You know what?

Data Science 109

Data Science Machine Learning Data Governance Modeling 109

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