CIO Business Intelligence

JUNE 14, 2023

Data and big data analytics are the lifeblood of any successful business. Getting the technology right can be challenging but building the right team with the right skills to undertake data initiatives can be even harder — a challenge reflected in the rising demand for big data and analytics skills and certifications.

Big Data 125

Big Data Data Analytics Analytics Predictive Modeling 125

Smart Data Collective

JULY 9, 2021

Fortunately, new advances in big data technology are helping companies get better qualified workers. Data analytics technology is very important in assessing the performance of staffing services. Companies can use data analytics to improve their hiring processes. What Are the Benefits of Data Analytics in Staffing?

Data Analytics 127

Data Analytics Management Analytics Big Data 127

Smart Data Collective

JANUARY 6, 2021

Big data is central to financial management. The market for financial data analytics is expected to reach $10 billion by 2025. One of the biggest uses of big data in finance relates to accounts receivable management. Fortunately, new advances in data technology have made accounts receivable management easier than ever.

Data-driven 94

Data-driven Management Big Data Predictive Analytics 94

Smart Data Collective

JANUARY 12, 2022

Data analytics has arguably become the biggest gamechanger in the field of finance. Many large financial institutions are starting to appreciate the many advantages that big data technology has brought. Markets and Markets estimates that the financial analytics market will be worth $11.4 billion in the next two years.

Data Analytics 115

Data Analytics Analytics Finance Data mining 115

Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Global companies spent over $92.5

Data-driven 103

Data-driven Cost-Benefit Data mining Big Data 103

Smart Data Collective

SEPTEMBER 23, 2021

You may not have thought about creative professionals having a strong foundation in data analytics. Artists are known for their creative insights, rather than their analytical or scientific competencies. However, the world has changed, which means that a background in big data and other types of technology is equally important.

Data Analytics 112

Data Analytics Analytics Cost-Benefit Big Data 112

Smart Data Collective

MARCH 10, 2022

Data analytics is giving us more insights into many of the most pressing challenges that we have faced as a society. More policymakers are using data to make more informed decisions. Analytics Insight shared a list of 10 major ways that big data is changing politics. But what should today’s borrowers really expect?

Data Analytics 100

Data Analytics Analytics Big Data Cost-Benefit 100

Smart Data Collective

OCTOBER 19, 2021

Data analytics has become a major gamechanger for the cryptocurrency industry. Traders and miners have discovered a number of advantages of using big data and AI tools to improve their profitability. One of the newest applications of data analytics in cryptocurrency mining is with yield farming.

Data Analytics 111

Data Analytics Analytics Big Data ROI 111

Sisense

JULY 6, 2020

Analytics and data are changing every facet of our world. In The State of BI & Analytics , we expand on our original research, keeping you ahead of the curve on the world of analytics, data, and business intelligence. When forced to make important decisions, business leaders use data to chart a course.

Data-driven 81

Data-driven Uncertainty Reporting Analytics 81

Rocket-Powered Data Science

MARCH 19, 2021

How to make smarter data-driven decisions at scale : [link]. The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. A lot has changed in those five years, and so has the data landscape. Well, that statement was made five years ago!

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Smart Data Collective

JANUARY 14, 2021

Big data technology is becoming extremely important for project management in 2021. A growing number of companies are finding new ways to use data-driven tools to streamline various aspects of their projects, including editing workflows. We talked before about editing data science workflows. And this is what you want.

Data-driven 68

Data-driven Big Data Machine Learning Technology 68

Smart Data Collective

NOVEMBER 22, 2021

Data analytics technology has touched on virtually every element of our lives. More companies are using big data to address some of their biggest concerns. Data analytics technology is helping more companies get the financing that they need for a variety of purposes. Securing financing is a huge example.

Finance 100

Finance Data Analytics Analytics Big Data 100

DataKitchen

DECEMBER 9, 2022

ChatGPT> DataOps, or data operations, is a set of practices and technologies that organizations use to improve the speed, quality, and reliability of their data analytics processes. The goal of DataOps is to help organizations make better use of their data to drive business decisions and improve outcomes.

Machine Learning 130

Machine Learning Data-driven Optimization Modeling 130

Smart Data Collective

JANUARY 26, 2022

Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? Last year, we published an article on the ways that big law and big data are intersecting. We have had time to observe some major developments of legal analytics over the last year. What is Legal Analytics?

Data Analytics 72

Data Analytics Analytics Predictive Analytics Insurance 72

Smart Data Collective

MAY 13, 2022

With the growth of business data, it is no longer surprising that AI has penetrated data analytics and business insight tools. Business insight and data analytics landscape. Artificial intelligence and allied technologies make business insight tools and data analytics software more efficient.

Business Analytics 134

Business Analytics Analytics Unstructured Data Data-driven 134

Smart Data Collective

NOVEMBER 7, 2019

The benefits of predictive analytics for businesses are numerous. However, predictive analytics can be just as valuable for solving employee retention problems. Towards Data Science discusses some of the benefits of predictive analytics with employee retention.

Predictive Analytics 47

Predictive Analytics Analytics Cost-Benefit Risk 47

Rocket-Powered Data Science

OCTOBER 6, 2023

There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnostic analytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable. This is predictive power discovery.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

IBM Big Data Hub

APRIL 1, 2024

Stacking strong data management, predictive analytics and GenAI is foundational to taking your product organization to the next level. Addressing customer inquiries with an AI-driven chatbot ChatGPT distinguished itself as the first publicly accessible GenAI-powered virtual chatbot.

Predictive Analytics 82

Predictive Analytics Sales Enterprise Predictive Modeling 82

AWS Big Data

APRIL 17, 2024

Analytics as a service (AaaS) is a business model that uses the cloud to deliver analytic capabilities on a subscription basis. This model provides organizations with a cost-effective, scalable, and flexible solution for building analytics. times better price-performance than other cloud data warehouses.

Data Warehouse 104

Data Warehouse Analytics Cost-Benefit Modeling 104

FineReport

APRIL 26, 2023

As the world becomes increasingly digitized, the amount of data being generated on a daily basis is growing at an unprecedented rate. This has led to the emergence of the field of Big Data, which refers to the collection, processing, and analysis of vast amounts of data. What is Big Data? What is Big Data?

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Cloudera

MARCH 2, 2018

If you do an internet search for ‘data-driven disruption’ you can find articles about almost every industry being disrupted by digitalisation and new applications of data. While there are instances of data-driven efforts in the nonprofit sector, they are not as widespread as they can be.

Data-driven 42

Data-driven Prescriptive Analytics Descriptive Analytics Machine Learning 42

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. When a user sends a message, the system uses NLP to parse and understand the input, often by using DL models to grasp the nuances and intent. DL, a subset of ML, excels at understanding context and generating human-like responses.

Enterprise 102

Enterprise Interactive Data-driven Key Performance Indicator 102

Ontotext

FEBRUARY 26, 2024

This is part of Ontotext’s AI-in-Action initiative aimed at enabling data scientists and engineers to benefit from the AI capabilities of our products. Further, RED’s underlying model can be visually extended and customized to complex extraction and classification tasks. and “What is the financial impact?”.

Data-driven 59

Data-driven Risk Modeling Risk Management 59

Smart Data Collective

AUGUST 18, 2021

When applied to the hiring process, data analytics can help you strategically grow and manage your team with greater accuracy and success. More companies are using big data to create a stronger company culture. Moreover, big data can also improve talent retention by 56% and better clarify skills gaps by 50%.

Data Science 136

Data Science Management Big Data Metrics 136

Smart Data Collective

MARCH 8, 2021

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data. Maintenance.

Big Data 143

Big Data Management Predictive Analytics Statistics 143

Smart Data Collective

MARCH 24, 2019

A data-driven approach allows you to make an informed decision for your e-commerce business and help business growth. Without further ado, here are five data-driven strategies that’ll help you achieve your e-commerce goals: 1. To ensure your business’ success, a strategy backed by solid numbers is the way to go.

Data-driven 64

Data-driven Strategy Optimization Marketing 64

CIO Business Intelligence

JUNE 1, 2022

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. Like professional basketball, industrial-scale farming, national politics, and global merchandising, auto racing has become a data science.

Manufacturing 102

Manufacturing Digital Transformation Predictive Analytics Strategy 102

AWS Big Data

NOVEMBER 7, 2023

The most impactful data-driven insights come from connecting the dots between all your data sources—across departments, services, on-premises tools, and third-party applications. But typically, connecting data requires complex extract, transform, and load (ETL) pipelines, taking hours or days.

Dashboards 75

Dashboards Data-driven Data Integration Data Lake 75

CIO Business Intelligence

DECEMBER 1, 2022

Tapped to guide the company’s digital journey, as she had for firms such as P&G and Adidas, Kanioura has roughly 1,000 data engineers, software engineers, and data scientists working on a “human-centered model” to transform PepsiCo into a next-generation company.

Digital Transformation 126

Digital Transformation IoT Data-driven KPI 126

IBM Big Data Hub

MAY 17, 2024

Poorly run implementations of traditional or generative AI in commerce—such as models trained on inadequate or inappropriate data—lead to bad experiences that alienate consumers and businesses. This includes trust in the data, the security, the brand and the people behind the AI.

B2B 69

B2B Interactive Optimization Forecasting 69

AWS Big Data

MAY 16, 2024

In this post, we discuss how Amazon Redshift spatial index functions such as Hexagonal hierarchical geospatial indexing system (or H3) can be used to represent spatial data using H3 indexing for fast spatial lookups at scale. Navigating the vast landscape of data-driven insights has always been an exciting endeavor.

Data Warehouse 111

Data Warehouse Visualization Cost-Benefit Optimization 111

Smart Data Collective

MARCH 27, 2023

Unleash your analytical prowess in today’s most coveted professions – Data Science and Data Analytics! As companies plunge into the world of data, skilled individuals who can extract valuable insights from an ocean of information are in high demand.

Data Science 90

Data Science Statistics Data-driven Machine Learning 90

datapine

OCTOBER 21, 2020

Big data has changed the way we manage, analyze, and leverage data across industries. One of the most notable areas where data analytics is making big changes is healthcare. In this article, we’re going to address the need for big data in healthcare and hospital big data: why and how can it help?

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

datapine

MARCH 31, 2022

Does data excite, inspire, or even amaze you? Moreover, companies that use BI analytics are five times more likely to make swifter, more informed decisions. With analytical and business intelligence competencies, you can also choose to work with specific types of firms or companies operating within a particular niche or industry.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

TIBCO

FEBRUARY 21, 2017

And that’s kind of where we’d got to with data analytics and visualization over the last couple of years, but it’s not the end of the evolutionary story by any means. The next stage is, typically, to find other ways of exploiting what a technology has to offer and integrating it into the wider IT landscape beyond the original brief.

Data Analytics 45

Data Analytics Analytics Data-driven Digital Transformation 45

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. New Avenues of Data Discovery. AI-Powered Big Data Technology. Predictive Business Analytics.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101