Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. The applications of predictive analytics are extensive and often require four key components to maintain effectiveness. Data Sourcing.

Predictive Analytics 122

Predictive Analytics Analytics Predictive Modeling Data mining 122

Smarten

APRIL 10, 2023

Leverage Enterprise Investments for Predictive Analytics and Gain Numerous Advantages! Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Why the focus on predictive analytics?

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

Smart Data Collective

MAY 3, 2022

Data analytics technology is helping businesses boost profitability in many ways. 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. How Can Data Analytics Help with Creating a Pricing Strategy?

Data Analytics 91

Data Analytics Analytics Big Data Sales 91

FineReport

APRIL 26, 2023

With the right Big Data Tools and techniques, organizations can leverage Big Data to gain valuable insights that can inform business decisions and drive growth. What is Big Data? What is Big Data? It is an ever-expanding collection of diverse and complex data that is growing exponentially.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

datapine

MARCH 31, 2022

A BI consultant needs to provide expertise in the design, development, and implementation of BI and analytics tools and systems. While analysts focus on historical data to understand current business performance, scientists focus more on data modeling and prescriptive analysis.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

IBM Big Data Hub

NOVEMBER 30, 2023

It includes a series of interconnected processes and initiatives designed to align the organization’s talent needs with its business objectives. Assess current and future needs Conduct a thorough assessment of current and future talent the organization requires to achieve its business objectives.

Strategy 67

Strategy Cost-Benefit Consulting Data-driven 67

IBM Big Data Hub

OCTOBER 20, 2023

Apart from pricing, there are numerous other factors to consider when evaluating the best AI platforms for your business. Gaining an understanding of available AI tools and their capabilities can assist you in making informed decisions when selecting a platform that aligns with your business objectives.

Machine Learning 77

Machine Learning Manufacturing Cost-Benefit Deep Learning 77