Smart Data Collective

JUNE 8, 2023

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.

Data Analytics 83

Data Analytics Analytics Data Collection Statistics 83

Smart Data Collective

JULY 9, 2023

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.

Optimization 73

Optimization Data Analytics Analytics Data-driven 73

Smart Data Collective

OCTOBER 20, 2020

Data analytics is at the forefront of the modern marketing movement. Companies need to use big data technology to effectively identify their target audience and reliably reach them. Every business needs a go-to-market strategy or the GTM strategy to reach the target customers and stay ahead of their competitors.

Marketing 107

Marketing Data Analytics Analytics Big Data 107

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 96

Data-driven Management Big Data Predictive Analytics 96

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 105

Data-driven Cost-Benefit Data mining Big Data 105

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 118

Data Analytics Analytics Finance Data mining 118

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 115

Data Analytics Analytics Cost-Benefit Big Data 115

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

IBM Big Data Hub

NOVEMBER 30, 2023

Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.

Strategy 69

Strategy Cost-Benefit Consulting Data-driven 69

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 73

Data Analytics Analytics Predictive Analytics Insurance 73

Smart Data Collective

JUNE 16, 2021

Many industries are benefiting from changes in data analytics. Call center analytics is changing the industry immensely. However, data analytics isn’t guaranteed to solve all call center challenges without the right strategy in place. This is another area where data analytics can be useful.

Data Analytics 90

Data Analytics Analytics Cost-Benefit Data mining 90

Smart Data Collective

FEBRUARY 4, 2021

Big data is changing the future of video marketing forever. YouTube was launched in 2005, when big data was just a blip on the horizon. However, data analytics and AI have made video technology more versatile than ever. Clever video marketers know how to use AI and big data to their full advantage.

Data-driven 86

Data-driven Marketing Big Data Data mining 86

CIO Business Intelligence

APRIL 11, 2024

Governments cannot put their head in the sand and ignore change, but they operate in a highly complex, data-sensitive environment and can’t afford to take on fundamental business risks in the name of innovation. Governments could leverage community health data to create proactive, targeted wellness campaigns that improve patient care.

Cost-Benefit 104

Cost-Benefit Predictive Analytics Data-driven Risk 104

Smart Data Collective

AUGUST 9, 2021

Many companies refer to themselves as data-driven organizations. Unfortunately, not all of these companies use data analytics strategically enough to thrive. In order to become an effective data-driven business, it is necessary to understand what types of data to focus on. Communication at the Core.

Data-driven 61

Data-driven Big Data Analytics Technologies Data Analytics 61

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 135

Business Analytics Analytics Unstructured Data Data-driven 135

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

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 85

Predictive Analytics Sales Enterprise Predictive Modeling 85

Srividya Sridharan

JUNE 12, 2019

This month’s Insights Beat focuses on the latest research in our insights-driven playbook; showcases multiple data, analytics, and machine-learning vendor evaluations; and shines a light on B2B analytics techniques. Is Your Data Strategy Lacking? (Jeremy Vale and Paolo Santamaria contributed to this post.)

Data Strategy 92

Data Strategy Strategy B2B Data-driven 92

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

Smart Data Collective

FEBRUARY 5, 2021

Data analytics has made forex trading easier than ever. Unfortunately, some traders are reluctant to take advantage of these opportunities, because they don’t know how to use new data analytics tools to their advantage. AI and Data Analytics Changed Forex Trading Forever.

Data Analytics 104

Data Analytics Analytics Big Data Predictive Analytics 104

O'Reilly on Data

MARCH 27, 2019

Watch highlights from expert talks covering AI, machine learning, data analytics, and more. People from across the data world are coming together in San Francisco for the Strata Data Conference. The journey to the data-driven enterprise from the edge to AI. Data warehousing is not a use case.

Uncertainty 207

Uncertainty Forecasting Data-driven Machine Learning 207

Srividya Sridharan

OCTOBER 22, 2019

It’s T minus two weeks to Forrester’s 2nd Data Strategy & Insights Forum in Austin, TX. Over 300 data and analytics leaders will gather to share, learn and get inspired!

Strategy 83

Strategy Data Analytics Analytics Data Strategy 83

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 82

Big Data Uncertainty Risk Data mining 82

Smart Data Collective

JULY 12, 2021

Big data technology keeps reshaping the business landscape and companies have started realizing the importance of using data and analytics in their decision-making processes. While small and medium businesses have yet to adapt to the concept, large businesses invest significantly in data.

Big Data 131

Big Data Marketing Predictive Analytics Risk 131

BizAcuity

APRIL 25, 2022

Casinos would do well to think through their marketing strategies, to support growth, differentiate themselves from competitors, and strengthen their relationship with patrons and members. Thanks to data analytics, these decisions can now be backed by data. Real-time decisions can be taken in line with data insights.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

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. For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. .

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

datapine

MAY 2, 2023

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

Big Data Cost-Benefit Internet of Things Optimization 275

Smart Data Collective

OCTOBER 16, 2023

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. The influence of Big Data on business is enormous. Where does big data come from?

Big Data 103

Big Data IoT Cost-Benefit Advertising 103

Smart Data Collective

SEPTEMBER 7, 2021

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Big data in retail help companies understand their customers better and provide them with more personalized offers. Big data is a not new concept, and it has been around for a while.

Big Data 124

Big Data Technology Cost-Benefit Predictive Analytics 124

datapine

MARCH 8, 2021

Rapid technological evolution means it’s now possible to use accessible and intuitive data-driven tools to our advantage. We’ve delved into the impact of big data in healthcare. Without healthcare data reporting, it’s unlikely healthcare institutions will ever reduce these figures to an acceptable level on a sustainable basis.

Reporting 198

Reporting KPI Management Cost-Benefit 198

Smart Data Collective

MARCH 24, 2019

To ensure your business’ success, a strategy backed by solid numbers is the way to go. 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.

Data-driven 66

Data-driven Strategy Optimization Marketing 66

datapine

MAY 14, 2019

“Big data is at the foundation of all the megatrends that are happening.” – Chris Lynch, big data expert. We live in a world saturated with data. Zettabytes of data are floating around in our digital universe, just waiting to be analyzed and explored, according to AnalyticsWeek. Wondering which data science book to read?

Data Science 350

Data Science Machine Learning Data-driven Big Data 350

Smart Data Collective

FEBRUARY 20, 2022

More companies are investing in big data than ever these days. One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. If you are running a business that has not yet adapted a data strategy, you should keep reading. Making Decisions More Easily.

Big Data 113

Big Data Management Finance Data-driven 113

CIO Business Intelligence

DECEMBER 1, 2022

Kanioura, who was hired away from Accenture two years ago to serve as the food and beverage multinational’s first chief strategy and transformation officer, says earning employee trust was one of her greatest challenges in those early months. But there is more room to go.

Digital Transformation 144

Digital Transformation IoT Data-driven KPI 144

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends.

Enterprise 106

Enterprise Interactive Data-driven Key Performance Indicator 106

Smart Data Collective

JULY 24, 2023

Nabil M Abbas of Towards Data Science talked about one of the most interesting ways that data analytics is changing the NBA. Abbas states that more players are attempting three-point shots based on analytics findings. We will also cover some of the changes brought on by data analytics.

Analytics Technologies 79

Analytics Technologies Marketing Technology Analytics 79