article thumbnail

Quality Control Tips for Data Collection with Drone Surveying

Smart Data Collective

Here at Smart Data Collective, we never cease to be amazed about the advances in data analytics. We have been publishing content on data analytics since 2008, but surprising new discoveries in big data are still made every year. Drones Surveyors Are Pioneers in the Data Analytics Field.

article thumbnail

The Role of Data Analytics in Football Performance

Smart Data Collective

We have talked extensively about the many industries that have been impacted by big data. many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. However, many other industries have also been affected by advances in big data technology.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Growing Importance Of Data Collection For Customer Service

Smart Data Collective

Big data is crucial for any organization that wants to attract and retain customers. A study by McKinsey Global Institute found that data-driven companies are 400% more likely to retain customers and 2,200% more likely to acquire new ones. Fewer experts have emphasized the significance of big data. It is inevitable.

article thumbnail

Data-Driven Organizations Must Use Talent Analytics Wisely

Smart Data Collective

We have talked about a number of the ways that business leaders are investing in big data technology and analytics. The market for talent analytics is projected to be worth $1.8 Big data analytics can help firms save money. Talent analytics is the use of big data for HR functions.

article thumbnail

Ethical Considerations with Data-Driven Employee Monitoring

Smart Data Collective

There are many reasons big data has become a double-edged sword for businesses. Many companies are using data analytics to monitor their employee productivity and other behavior. It can be even more beneficial than using big data for recruiting. This is an area where big data can help immensely.

article thumbnail

eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

E-commerce businesses around the world are focusing more heavily on data analytics. billion on analytics last year. There are many ways that data analytics can help e-commerce companies succeed. One report found that global e-commerce brands spent over $16.7 Some of the most important is conversion rates.

article thumbnail

5 Step Process For Insightful Data Driven Business Decision Making

Smart Data Collective

Big data is becoming increasingly important in business decision-making. The market for data analytics applications and solutions is expected to reach $105 billion by 2027. However, big data technology is only a viable tool for business decision-making if it is utilized appropriately. Write Down Your Objectives.