Smart Data Collective

APRIL 7, 2022

There are many reasons that data analytics and data mining are vital aspects of modern e-commerce strategies. These benefits include the following: You can use data analytics to better understand the preferences of your users and provide personalized product recommendations.

B2B 107

B2B Sales Big Data Cost-Benefit 107

erwin

JUNE 11, 2020

Transforming Industries with Data Intelligence. Data intelligence has provided useful and insightful information to numerous markets and industries. With tools such as Artificial Intelligence, Machine Learning, and Data Mining, businesses and organizations can collate and analyze large amounts of data reliably and more efficiently.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

Sisense

MARCH 14, 2021

As we move from right to left in the diagram, from big data to BI, we notice that unstructured data transforms into structured data. For starters, the rise of the Internet of Things (IoT) has created immense volumes of new data to be analyzed.

Big Data 52

Big Data IoT Data Warehouse Data-driven 52

Sisense

MAY 11, 2021

The new architecture requires that data be structured in a dimensional model to optimize for BI capabilities, but it also allows for ad hoc analytics with the flexibility to query clean and raw data. Importantly, both workflows for data analytics are supported by a set of data models that follow the same data pipeline.

Modeling 84

Modeling Big Data IoT Data Warehouse 84

datapine

NOVEMBER 27, 2019

DQM is indeed reckoned as the key factor in ensuring efficient data analysis, as it is the basis from where all the rest starts from. According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. It’s an extension of data mining which refers only to past data.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361