Smart Data Collective

MAY 3, 2022

Data analytics technology is helping businesses boost profitability in many ways. A few years ago, Walter Baker and his colleagues at McKinsey reported that one of the biggest advantages of big data in business is that it can help with pricing decisions. How Can Data Analytics Help with Creating a Pricing Strategy?

Data Analytics 89

Data Analytics Analytics Big Data Sales 89

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 82

Data Analytics Analytics Data Collection Statistics 82

Smart Data Collective

AUGUST 26, 2021

But if there’s one technology that has revolutionized weather forecasting, it has to be data analytics. In this blog, we’ll delve deeper into the impact of data analytics on weather forecasting and find out whether it’s worth the hype. That’s where data analytics steps into the picture.

Forecasting 129

Forecasting Data Analytics Analytics IoT 129

BizAcuity

FEBRUARY 15, 2019

With more and more information became readily available online in the mid 2000s, companies started taking advantage of it by leveraging big data analytics. Some businesses in 2003 started using predictive analytics generating an average Return on Investment or ROI of 145% as per the study that was undertaken by IDC.

Sales 67

Sales Analytics B2B ROI 67

Alation

MAY 2, 2023

Hospitality organizations use data analytics to unlock insights, improve operations, and maximize profits. Leveraging analytics enables companies in this space to achieve financial and operational efficiencies while delivering personalized services and offerings. What is data analytics in the hospitality industry?

Data Analytics 52

Data Analytics Analytics ROI Data Governance 52

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 102

Data Analytics Analytics Big Data Predictive Analytics 102

Rocket-Powered Data Science

OCTOBER 6, 2023

The point is that the 100% association between the event and the preceding condition has no special predictive or prescriptive power. In statistical terms, the joint probability of event Y and condition X co-occurring, designated P(X,Y), is essentially the probability P(Y) of event Y occurring.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

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. I hope that you find this event useful. trillion by 2030.

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Smart Data Collective

JUNE 26, 2019

While it might not take a mountain of data to spot a pattern, the more data that is available, the better the chances that the trend is not an anomaly, but an established event. The twenty-first century offers a lot of exciting innovations when it comes to data processing and analytics.

Insurance 94

Insurance Data Analytics Analytics IoT 94

FineReport

APRIL 26, 2023

With the right Big Data Tools and techniques, organizations can leverage Big Data to gain valuable insights that can inform business decisions and drive growth. What is Big Data? What is Big Data? It is an ever-expanding collection of diverse and complex data that is growing exponentially.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Alation

MAY 2, 2023

Hospitality organizations use data analytics to unlock insights, improve operations, and maximize profits. Leveraging analytics enables companies in this space to achieve financial and operational efficiencies while delivering personalized services and offerings. What is data analytics in the hospitality industry?

Data Analytics 40

Data Analytics Analytics ROI Data Governance 40

datapine

NOVEMBER 27, 2019

That way, any unexpected event will be immediately registered and the system will notify the user. However, businesses today want to go further and predictive analytics is another trend to be closely monitored. It’s an extension of data mining which refers only to past data.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

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. Below you'll find links to highlights from the event. The journey to the data-driven enterprise from the edge to AI.

Uncertainty 205

Uncertainty Forecasting Data-driven Machine Learning 205

CIO Business Intelligence

JULY 5, 2022

Business analytics can help you improve operational efficiency, better understand your customers, project future outcomes, glean insights to aid in decision-making, measure performance, drive growth, discover hidden trends, generate leads, and scale your business in the right direction, according to digital skills training company Simplilearn.

Business Analytics 131

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 131

Smart Data Collective

OCTOBER 13, 2021

If we talk about Big Data, data visualization is crucial to more successfully drive high-level decision making. Big Data analytics has immense potential to help companies in decision making and position the company for a realistic future. There is little use for data analytics without the right visualization tool.

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135

Smart Data Collective

JULY 12, 2021

The bottom line is that data analysis will help you monitor the trends in the market and change your trading strategies to maximize profits. Use Data Analytics to Increase Knowledge. One of the best ways to achieve that purpose is continually increasing your data analytics knowledge. Track Your Trading Plan.

Big Data 130

Big Data Marketing Predictive Analytics Risk 130

IBM Big Data Hub

JULY 27, 2022

As shown in the following diagram, an issue in the environment triggers several events across the full stack of the business solution. This results in an unmanageable event flood. Moreover, there are often duplicate events due to full-stack level observability and these events result in data silos.

Prescriptive Analytics 93

Prescriptive Analytics Descriptive Analytics Data-driven Cost-Benefit 93

CIO Business Intelligence

JULY 5, 2022

When Marcus Ericsson, driving for Chip Ganassi Racing, won the Indianapolis 500 in May, it was in a car equipped with more than 140 sensors streaming data and predictive analytic insights, not only to the racing team but to fans at the Brickyard and around the world.

Recreation/Entertainment 97

Recreation/Entertainment Predictive Analytics Digital Transformation Data-driven 97

CIO Business Intelligence

JULY 1, 2022

When Marcus Ericsson, driving for Chip Ganassi Racing, won the Indianapolis 500 in May, it was in a car equipped with more than 140 sensors streaming data and predictive analytic insights, not only to the racing team but to fans at the Brickyard and around the world.

Recreation/Entertainment 94

Recreation/Entertainment Predictive Analytics Digital Transformation Data-driven 94

datapine

MARCH 8, 2021

By utilizing interactive digital dashboards, it’s possible to leverage data to transform metrics into actionable insights to spot weaknesses, identify strengths, and predict events before they occur. This is a testament to the essential role of predictive analytics in the sector. Disease monitoring.

Reporting 198

Reporting KPI Management Cost-Benefit 198

IBM Big Data Hub

JULY 24, 2023

It tracks four important pillars: metrics, events, logs and traces (MELT) to understand the behavior, performance, and other aspects of cloud infrastructure and apps. It aims to understand what’s happening within a system by studying external data.

IT 57

IT Analytics Cost-Benefit Predictive Analytics 57

CIO Business Intelligence

SEPTEMBER 12, 2022

To date, NJ Transit has hired about eight data gurus to support these endeavors, with a goal to hire even more top-tier data experts in an effort to accelerate business insights and predictive analytics to help transform the business. As a result, NJ Transit’s data maturity as an organization has grown.

Data Warehouse 115

Data Warehouse Predictive Analytics Data Lake IoT 115

Smart Data Collective

JUNE 19, 2022

Many suppliers are finding ways to use AI and data analytics more effectively. Finally, unexpected or unavoidable events, like the blockage of a major trade route or unprecedented and severe storms , can cause catastrophic delays that shut down manufacturing or prevent trade from coming or going to a region.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

IBM Big Data Hub

OCTOBER 30, 2023

IBM, a pioneer in data analytics and AI, offers watsonx.data, among other technologies, that makes possible to seamlessly access and ingest massive sets of structured and unstructured data. This event offers a firsthand look into IBM’s transformative solutions that are reshaping industries.

Insurance 81

Insurance Data Warehouse Data-driven Unstructured Data 81

DataRobot Blog

SEPTEMBER 22, 2022

We will be speaking with AI leaders at Big Data & AI Paris 2022 on September 26-27 to share how DataRobot has helped to solve AI and data science challenges in top organizations. Big Data AI Paris 2022 is France’s largest event focused on AI, with over 15,000 participants expected. Book a Meeting.

Big Data 52

Big Data Insurance Experimentation Data Science 52

Smart Data Collective

NOVEMBER 25, 2019

Some of these new tools use AI to predict events more accurately by employing predictive analytics to identify subtle relationships between even seemingly unrelated variables. Predictive analytics is the use of data and AI-powered algorithms to help analysts forecast the future and better predict business outcomes.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

Smart Data Collective

APRIL 21, 2022

Global Events. Big data doesn’t just look at the stock market, it is used across the globe to analyze all sorts of things, from jet engines to social media activity. Oracle has a report on how predictive analytics helps make these forecasts.

Big Data 97

Big Data Finance Marketing Optimization 97

datapine

JANUARY 31, 2022

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. As the first and most impactful of all benefits of analytics, we have the ability to make informed strategic decisions backed by factual information.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Smarten

MAY 24, 2018

ElegantJ BI, an innovative vendor in Business Intelligence, Augmented Analytics and Augmented Data Preparation, is pleased to announce its participation in the Gartner 2018 INDIA Data & Analytics Summit from 5 – 6th June 2018 in Mumbai, India. ElegantJ BI is proud to be a Silver Sponsor at this important event.

Analytics 40

Analytics Data Analytics Data mining Predictive Modeling 40

CIO Business Intelligence

DECEMBER 1, 2022

The $247 billion conglomerate, one of the largest food and beverage companies in the world, is developing a modernized data and cloud infrastructure replete with automated processes and workflows. One HR employee took some courses in data analytics and found a new job within the company helping to advance digital transformation. “I

Digital Transformation 132

Digital Transformation IoT Data-driven KPI 132

CIO Business Intelligence

OCTOBER 4, 2022

Business leaders, recognizing the importance of elevated customer experiences, are looking to the CIO and their IT teams to help harness the power of data, predictive analytics, and cloud resources to create more engaging, seamless experiences for customers.

Data-driven 104

Data-driven Machine Learning Interactive Predictive Analytics 104

Smart Data Collective

MARCH 11, 2022

There is no disputing that data analytics is a huge gamechanger for companies all over the world. Global businesses are projected to spend over $684 billion on big data by 2030. There are many ways that companies are using big data to boost their profitability. Customer Journey Analytics.

Customer Analytics 116

Customer Analytics Analytics Key Performance Indicator Big Data 116

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. Overall, DataOps is an essential component of modern data-driven organizations. Query> DataOps. Query> Write an essay on DataOps.

Machine Learning 130

Machine Learning Data-driven Optimization Modeling 130

Jet Global

APRIL 24, 2024

This, combined with the ability to design custom Chatflows, ensures you can deliver the AI user experience that perfectly complements your application and resonates with your customers – making complex data analytics intuitive and effective for informed, data-driven decisions. Ready to learn more? Privacy Policy.

Business Intelligence 52

Business Intelligence Dashboards Software Reporting 52

Smart Data Collective

DECEMBER 9, 2020

Although some accidents are inevitable, the prevalence could be reduced considerably by improving highway planning, helping drivers identify risk factors and better organizing events with high traffic volume. Data from these accidents is used to train machine learning algorithms to identify correlating risk factors with car accidents.

Machine Learning 141

Machine Learning Risk Insurance Predictive Analytics 141

Smart Data Collective

APRIL 22, 2021

Brown University became the first college to use big data analytics in construction in 2015, and others soon followed. Portland State University and Oregon State University both saved $10 million on construction projects by using big data like this. Big data offers the insight to do so. Big data analytics can help.

Big Data 108

Big Data Data Analytics Predictive Analytics Analytics 108

IBM Big Data Hub

FEBRUARY 14, 2024

These systems can evaluate vast amounts of data to uncover trends and patterns, and to make decisions. They can also help businesses predict future events and understand why past events occurred. Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies.

Cost-Benefit 85

Cost-Benefit Insurance Unstructured Data Machine Learning 85