Smart Data Collective

OCTOBER 16, 2023

Smart devices use sensors to collect data and upload it to the Internet. Examples include CCTV records, automated vacuum cleaners, weather station data, and other sensor-generated data. All in all, big data refers to massive data collections obtained from various sources. Is big data a risky business?

Big Data 103

Big Data IoT Cost-Benefit Advertising 103

Cloudera

MAY 4, 2022

The availability and maturity of automated data collection and analysis systems is making it possible for businesses to implement AI across their entire operations to boost efficiency and agility. Benefits aplenty. The beauty of AI is that it promises to deliver more benefits than you can even imagine. Faster decisions .

Cost-Benefit 128

Cost-Benefit Internet of Things Insurance Data-driven 128

Smart Data Collective

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. Smart companies are overcoming these challenges by using Microsoft Azure to scale up or down and inspire efficient growth and data security amid the global crisis. Reduced Costs and Downtime. Convenience all the way!

Cost-Benefit 138

Cost-Benefit IoT Internet of Things Data-driven 138

Smart Data Collective

MAY 28, 2021

Data security and data collection are both much more important than ever. Every organization needs to invest in the right big data tools to make sure that they collect the right data and protect it from cybercriminals. One tool that many data-driven organizations have started using is Microsoft Azure.

Data-driven 134

Data-driven Cost-Benefit Big Data Data Processing 134

Smart Data Collective

MAY 1, 2022

In this age of the internet, we come across enough text that will cost us an entire lifetime to read. Text analysis , or text mining, is a machine—learning technique that can extract valuable data from large amounts of unstructured text. What are the benefits of using AI for text analysis? What is text analysis?

Cost-Benefit 117

Cost-Benefit Unstructured Data Machine Learning Marketing 117

CIO Business Intelligence

JULY 12, 2023

However, some things are common to virtually all types of manufacturing: expensive equipment and trained human operators are always required, and both the machinery and the people need to be deployed in an optimal manner to keep costs down. Moreover, lowering costs is not the only way manufacturers gain a competitive advantage.

Manufacturing 90

Manufacturing Cost-Benefit Data Lake Optimization 90

CIO Business Intelligence

APRIL 22, 2022

For most organizations, it is employed to transform data into value in the form of improved revenue, reduced costs, business agility, improved customer experience, the development of new products, and the like. Data science gives the data collected by an organization a purpose. Data science vs. data analytics.

Data Science 136

Data Science Statistics Machine Learning Visualization 136

AWS Big Data

JULY 13, 2023

Vega Cloud provides a place where finance, engineers, and innovators come together to accelerate the business value of the cloud with concrete curated data, context-relevant recommendations, and automation to achieve cost savings. Vega’s curated reports provide actionable insights to accelerate time-to-value from years into days.

Cost-Benefit 75

Cost-Benefit Dashboards Optimization Visualization 75

Smart Data Collective

NOVEMBER 11, 2020

Every aspect of golf in the modern form is being transformed through data analysis, cloud technologies, machine learning, and scientific advances. Golf has since embraced data analytics to provide enjoyment to the game and a deeper understanding. A lot of changes have come about due to data analytics in the golf profession.

Big Data 82

Big Data Scorecard Statistics Cost-Benefit 82

Smart Data Collective

AUGUST 31, 2020

At Smart Data Collective, we have talked extensively about the benefits of big data in digital marketing. We have focused a lot on using data analytics for SEO. However, there are a lot of other benefits of using big data in marketing. Big data developments have heightened these benefits.

Data-driven 86

Data-driven Marketing Big Data Broadcasting 86

Cloudera

MARCH 29, 2022

To capitalize on the opportunities that data creates for the public good, state and local CIOs must harness data in motion with a cohesive strategy and platform. It’s no secret that the cloud has become the go-to infrastructure foundation for a modern data strategy. Hybrid cloud is the Model of Choice.

Cost-Benefit 93

Cost-Benefit Strategy Data Science Data Processing 93

Smart Data Collective

JUNE 21, 2023

There are many reasons that the demand for big data in the human resources sector is growing so quickly HR professionals are using big data to make strategic decisions. Big data analytics can help firms save money. Talent analytics is the use of big data for HR functions.

Data-driven 82

Data-driven Analytics Metrics Big Data 82

IBM Big Data Hub

FEBRUARY 14, 2024

Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps). More benefits from AI include building a more sustainable IT system and improving the continuous integration/continuous (CI/CD) delivery pipelines.

Cost-Benefit 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

Smart Data Collective

APRIL 30, 2020

In recent years, the term Big Data has become the talk of the town, or should we say, the planet. By definition , big data analytics is the complex process of analyzing huge chunks of data, trying to uncover hidden information — common patterns, unusual relationships, market trends, and above all, client preferences.

Big Data 102

Big Data Cost-Benefit Risk Data Analytics 102

CIO Business Intelligence

JANUARY 24, 2024

Building a successful data strategy at scale goes beyond collecting and analyzing data,” says Ryan Swann, chief data analytics officer at financial services firm Vanguard. One of the keys to benefiting from unstructured data is to define clear objectives, Miller says.

Data Strategy 132

Data Strategy Strategy Unstructured Data Data Governance 132

Smart Data Collective

NOVEMBER 2, 2022

The industry has access to massive amounts of data, so it should leverage them to make the most of their customer outreach and support strategies. Martech author Allen Martinez talks about the benefits of big data in Fintech marketing. The hard reality is that data-driven marketing strategies can be costly. More traffic?

Marketing 137

Marketing Big Data Data-driven Sales 137

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. As such it can help adopters find ways to save and earn money.

Predictive Analytics 135

Predictive Analytics Analytics Predictive Modeling Forecasting 135

Smart Data Collective

JUNE 15, 2022

As the current business world has changed rapidly owing to technology and other advancements, the most agile merchants have thrived and even prospered, typically by employing data-driven tactics. Following is a detailed look at some of the benefits of taking a data-driven approach in a retail business.

Advertising 98

Advertising Cost-Benefit ROI Sales 98

CIO Business Intelligence

MARCH 24, 2023

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time.

Data Governance 142

Data Governance Management Metadata Data Quality 142

CIO Business Intelligence

MAY 16, 2022

From the factory floor to online commerce sites and containers shuttling goods across the global supply chain, the proliferation of data collected at the edge is creating opportunities for real-time insights that elevate decision-making. We don’t want to apply a centralized paradigm to a decentralized problem,” Vilfort adds.

IoT 76

IoT Data Warehouse Internet of Things Machine Learning 76

Smart Data Collective

DECEMBER 21, 2022

A growing number of companies are developing sophisticated business intelligence models, which wouldn’t be possible without intricate data storage infrastructures. The Global BPO Business Analytics Market was worth nearly $17 billion last year. Unfortunately, some business analytics strategies are poorly conceptualized.

Business Analytics 111

Business Analytics Analytics Data Quality Big Data 111

CIO Business Intelligence

MARCH 29, 2022

Turns out, exercise equipment doesn’t provide many benefits when it goes unused. The same principle applies to getting value from data. Organizations may acquire a lot of data, but they aren’t getting much value from it. Fortunately, learning-based projects typically use data collected for other purposes. .

Cost-Benefit 52

Cost-Benefit Machine Learning Metadata Data Quality 52

IBM Big Data Hub

JUNE 8, 2023

By harnessing the power of watsonx generative AI capabilities and pre-trained foundation models, IBM could potentially analyze large volumes of data collected from various sources, such as satellite imagery, BluBoxx TM underwater sensors, and historical records, to identify patterns and predict potential threats to coral reefs.

Technology 83

Technology Measurement Cost-Benefit Data-driven 83

IBM Big Data Hub

SEPTEMBER 26, 2022

Healthcare disparities are closely linked to race, ethnicity, gender and other demographic and socioeconomic issues surrounding access, cost and quality of care. Thanks to innovations in data analytics and AI, leaders can make smarter, faster and more efficient decisions to improve public health outcomes and advance health equity.

B2B 52

B2B Visualization Data-driven Cost-Benefit 52

Sisense

OCTOBER 29, 2020

“These computers need to get smaller so that processing can be done in the car itself — this is important to reduce the amount of time lag and the cost of transferring data to the cloud.”. The data collected by AVs in the U.S. will likely be owned by the collector of the data, not the data subject.

Machine Learning 90

Machine Learning Data Collection Cost-Benefit Advertising 90

erwin

JUNE 11, 2020

Several hospitals have also employed data intelligence tools in their services and operational processes. These hospitals are making use of dashboards that provide summary information on hospital patient trends, treatment costs, and waiting times. How Business Benefits from Data Intelligence. Expanding big data.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

Smart Data Collective

MAY 6, 2019

It could be that Uber and other companies see a financial imperative in automating their future workforce so that they don’t have to fret about providing insurance and other benefits to a large coterie of human employees.

Management 104

Management Insurance Data Collection Cost-Benefit 104

IBM Big Data Hub

FEBRUARY 23, 2024

ML and DL lie at the core of predictive analytics, enabling models to learn from data, identify patterns and make predictions about future events. Organizations across industries increasingly benefit from sophisticated automation that better handles complex queries and predicts user needs.

Enterprise 105

Enterprise Interactive Data-driven Key Performance Indicator 105

Sisense

OCTOBER 15, 2020

We live in a world of data: There’s more of it than ever before, in a ceaselessly expanding array of forms and locations. Dealing with Data is your window into the ways data teams are tackling the challenges of this new world to help their companies and their customers thrive. How industries can benefit from streaming data.

Dashboards 98

Dashboards IoT Optimization Internet of Things 98

Smart Data Collective

SEPTEMBER 6, 2020

Data analytics is revolutionizing the future of ecommerce. A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. How much of a role will big data play in ecommerce? billion on big data by 2025.

B2B 108

B2B Data Analytics Analytics Cost-Benefit 108

IBM Big Data Hub

JUNE 14, 2023

This article will explore the key technologies associated with smart manufacturing systems, the benefits of adopting SM processes, and the ways in which SM is transforming the manufacturing industry. Ensure that sensitive data remains within their own network, improving security and compliance.

Manufacturing 77

Manufacturing Technology Internet of Things Cost-Benefit 77

Rita Sallam

AUGUST 28, 2022

Last year, we used global vaccine data , In 2020, we used population health data. In past Bake-Offs, we used loneliness and happiness data, opioid epidemic data, traffic fatalities, college costs, and homelessness. Here are some notable findings and videos from participating vendors. EQ Technologic.

Analytics 52

Analytics Data Analytics Cost-Benefit Measurement 52

datapine

AUGUST 12, 2020

They may gather financial, marketing and sales-related information, or more technical data; a business report sample will be your all-time assistance to adjust purchasing plans, staffing schedules, and more generally, communicating your ideas in the business environment. Benefit from great business reports today!

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

CIO Business Intelligence

JANUARY 20, 2023

The term business intelligence often also refers to a range of tools that provide quick, easy-to-digest access to insights about an organization’s current state, based on available data. Benefits of BI BI helps business decision-makers get the information they need to make informed decisions.

Business Intelligence 137

Business Intelligence Dashboards Data mining OLAP 137

CDW Research Hub

NOVEMBER 29, 2021

By understanding these layers early in the IoT Workshop process, your team will have a better chance of adopting an IoT solution that not only sticks, but benefits your business. With edge computing, computation and data analytics are brought closer to the source of the data —where things and people produce or consume that information.

IoT 89

IoT Cost-Benefit Internet of Things ROI 89

IBM Big Data Hub

AUGUST 11, 2023

If you are experiencing inefficiencies, bottlenecks, quality control challenges or compliance issues in your production processes, an MES can provide real-time data and performance analysis across production lines to identify and address these issues promptly. Adequate training for your team members is crucial for successful adoption.

Software 73

Software Manufacturing Cost-Benefit ROI 73

AWS Big Data

MARCH 26, 2024

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69