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How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

The auto insurance industry has always relied on data analysis to inform their policies and determine individual rates. With the technology available today, there’s even more data to draw from. The good news is that this new data can help lower your insurance rate. Type of Vehicle. Telematics. Safety Features.

Insurance 107
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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

Big Data 275
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A Guide To The Methods, Benefits & Problems of The Interpretation of Data

datapine

Capable of displaying key performance indicators (KPIs) for both quantitative and qualitative data analyses, they are ideal for making the fast-paced and data-driven market decisions that push today’s industry leaders to sustainable success. Exclusive Bonus Content: Download Our Free Data Analysis Guide.

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Big Data Trends That Are Disrupting Management Maintenance

Smart Data Collective

And this is usually at the lowest possible costs in terms of material and machinery. Over the years, asset-intensive industries have been searching for cost-efficient ways of managing, repairing, and overhauling activities. Asset data collection. Data has become a crucial organizational asset.

Big Data 137
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Best Ways to Integrate Big Data into Your Business

Smart Data Collective

Nowadays, information consumption is skyrocketing. This information, dubbed Big Data, has grown too large and complex for typical data processing methods. Companies want to use Big Data to improve customer service, increase profit, cut expenses, and upgrade existing processes. Where does big data come from?

Big Data 101
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Data-Driven Organizations Must Use Talent Analytics Wisely

Smart Data Collective

By understanding and implementing the right HR metrics, organizations can make data-driven decisions, optimize their workforce, and ultimately drive organizational success. There are a number of major benefits of using big data in human resources. These benefits include the following: Helping recruit talent.

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Two Downs Make Two Ups: The Only Success Metrics That Matter For Your Data & Analytics Team

DataKitchen

How to measure your data analytics team? So it’s Monday, and you lead a data analytics team of perhaps 30 people. Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. The Active Data Ratio metric determines the percentage of datasets that deliver value.

Metrics 130