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

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

Smart Data Collective

APRIL 23, 2022

Smart organizations use this data to improve their business models and make life better through analysis. When it comes to sports, big data plays an essential role in the execution of competitive events and audience engagement. Big Data and Skating. Big data has aided this endeavor greatly because of fantasy sports.

Analytics Technologies 106

Analytics Technologies Broadcasting Data Analytics Technology 106

Smart Data Collective

MAY 27, 2021

The automotive industry has been far more reliant on big data than most other sectors in recent years. A growing number of major automobile manufacturers have started using data analytics and AI to improve production. There have been a number of clear advantages of using big data to manufacture automobiles.

Data Analytics 122

Data Analytics Manufacturing Big Data Analytics 122

Juice Analytics

FEBRUARY 28, 2021

Recently, while meeting with one of our clients, they mentioned their desire to provide their customer’s business team with the ability to run ad-hoc reports. Would having this additional analytics ability help the non-analyst be more effective at getting their job done? followed by the answer "we didn’t have that data."

Data Analytics 67

Data Analytics Analytics Reporting Marketing 67

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

Smart Data Collective

AUGUST 7, 2019

One study found that 77% of small businesses don’t even have a big data strategy. If your company lacks a big data strategy, then you need to start developing one today. The best thing that you can do is find some data analytics tools to solve your most pressing challenges. There are many benefits to data analytics.

Data Analytics 99

Data Analytics Analytics Big Data Data Lake 99

AWS Big Data

MAY 28, 2024

Before we dive in, we recommend reviewing Architectural patterns for real-time analytics using Amazon Kinesis Data Streams, part 1 for the basic functionalities of Kinesis Data Streams. Part 1 also contains architectural examples for building real-time applications for time series data and event-sourcing microservices.

IoT 91

IoT Analytics Dashboards Data-driven 91

Alation

JUNE 9, 2023

D&A leaders from around the world gathered to discuss and find ways to overcome the latest challenges through strategies and innovations backed by data, analytics, and data science. Here are a few of the major takeaways that surfaced from the event. Unfortunately, there is no “data culture platform,” per se.

Data Analytics 52

Data Analytics Analytics Data Quality Data-driven 52

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

IBM Big Data Hub

OCTOBER 13, 2023

Even if business teams could access real-time events, little to no training in coding becomes yet another wall to climb in their efforts to perform data analysis. You were unaware of this since the supply chain teams only provide this information in quarterly reports.

Marketing 67

Marketing Cost-Benefit Optimization Digital Transformation 67

Smart Data Collective

JANUARY 29, 2021

Big data helps us assess some of the biggest trends. A number of analytics tools can see market trends , but it is useful to use data analytics to spot social trends as well. One trend that big data helps us understand better is Covid-19. What Data Analytics Says About Covid-19 Influence Buyer Behavior.

Data Analytics 66

Data Analytics Analytics Big Data Recreation/Entertainment 66

Alation

MAY 19, 2022

Alation attended last week’s Gartner Data and Analytics Summit in London from May 9 – 11, 2022. Coming off the heels of Data Innovation Summit in Stockholm, it’s clear that in-person events are back with a vengeance, and we’re thrilled about it. Think about what data you can create.

Metadata 52

Metadata Data Analytics Analytics Data Governance 52

AWS Big Data

MARCH 13, 2024

Data analytics – Business analysts gather operational insights from multiple data sources, including the location data collected from the vehicles. Using EventBridge integration, filtered positional updates are published to an EventBridge event bus. The ingestion approach is not in scope of this post.

Analytics 95

Analytics IoT Metadata Internet of Things 95

CIO Business Intelligence

MAY 28, 2022

Foote does not report on any SAP certifications, but among the 579 certifications it does report on, architecture, project management, process and information security certifications remain the most valuable, commanding a pay premium of just over 8%. Certified profits.

IT 121

IT Prescriptive Analytics Deep Learning Reporting 121

AWS Big Data

AUGUST 9, 2023

These event changes are also routed to the same SNS topic. This can be extended to other supported services as the data lake grows. SNS topic – An SNS topic that serves to catch all state events from the data lake. We have used an SNS topic for routing both success and failure states for the Lambda-based tasks.

Data Lake 88

Data Lake Metrics Testing Cost-Benefit 88

Cloudera

MAY 13, 2024

Businesses today face unique challenges, whether it’s with hybrid cloud, AI, data analytics, or all of the above. Those campaigns ranged from some of the biggest industry events to smaller, much more focused, account-based marketing (ABM) activities.

B2B 99

B2B Marketing ROI Management 99

CIO Business Intelligence

MAY 26, 2022

Foote does not report on any SAP certifications, but among the 579 certifications it does report on, architecture, project management, process and information security certifications remain the most valuable, commanding a pay premium of just over 8%. Certified profits.

IT 93

IT Prescriptive Analytics Deep Learning Reporting 93

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

AWS Big Data

FEBRUARY 1, 2024

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. FactSet has several datasets available in the AWS Data Exchange marketplace, which we used for reference data.

Data Warehouse 123

Data Warehouse Dashboards Risk Management Risk 123

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028. Energy: Forecast long-term price and demand ratios.

Predictive Analytics 141

Predictive Analytics Analytics Predictive Modeling Forecasting 141

AWS Big Data

JANUARY 24, 2023

Business teams can gain meaningful insights by simplifying their reporting through web applications and distributing it to a broader audience. Reporting and analysis – An application where you can trigger large analytical queries with dynamic inputs and then view or download the results.

Analytics 58

Analytics Data-driven Management Reporting 58

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. Ontotext’s Relation and Event Detector (RED) is designed to assess and analyze the impact of market-moving events. Why do risk and opportunity events matter?

Data-driven 59

Data-driven Risk Modeling Risk Management 59

CIO Business Intelligence

APRIL 6, 2022

For an effective, holistic security posture, you need a solution that can aggregate telemetry from all these control points, analyze it, and report and automatically respond to identified threats. By collecting events from all control points, XDR can eliminate the need for locally installed agents. Wei Huang Anomali.

Data Processing 93

Data Processing Machine Learning Risk Dashboards 93

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. The application of big data analytics in healthcare has a lot of positive and also life-saving outcomes. 3) Real-Time Alerting.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

DataKitchen

AUGUST 19, 2021

Self-service data science teams may require their own segmentation models for building reports, views, and PowerPoints. Each circle in figure 4 could be its own data mesh domain. The separation of these data sets enables the teams to decouple their timing from each other.

Data Warehouse 246

Data Warehouse Data Lake Manufacturing Testing 246

Smart Data Collective

JUNE 3, 2021

The market for data analytics in the insurance sector is projected to be worth nearly $22.5 Many of the applications of big data for insurance companies will be realized with machine learning technology. Claims management : Data analytics and machine learning are particularly helpful with insurance claims management.

Insurance 98

Insurance Machine Learning Cost-Benefit Risk 98

Jet Global

OCTOBER 8, 2020

The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting. By finely tuning its AR reporting capabilities, a business can enjoy greater financial stability and predictability – something much needed in the current climate.

Finance 98

Finance Reporting Forecasting Metrics 98

Smart Data Collective

SEPTEMBER 28, 2021

Data analytics is the lifeblood of modern business. Every large organization has a CIO, who appreciates the need to invest in big data solutions. There are a lot of companies that offer solutions for data-driven businesses. Gartner is a Reliable Company for Businesses that Need Big Data Solutions.

Software 115

Software Big Data Data-driven Data Processing 115

CIO Business Intelligence

SEPTEMBER 12, 2022

Fazal and his team have moved most of NJ Transit’s data to the cloud, evolving from simple reports to advanced analytics and AI/ML models that generate insights that transportation business analysts could only dream about in the past, he says. “We We have shown out value,” Fazal says of the transformation.

Data Warehouse 113

Data Warehouse Predictive Analytics Data Lake IoT 113

CIO Business Intelligence

JUNE 2, 2022

England’s University of Cambridge was recognized at the ISC 2022 event in Hamburg, Germany for its Dell-based Wilkes-3 supercomputer, rated 8 in the GREEN500 and 304 in the TOP500, and Cumulus system, rated 94 in the GREEN500 and 316 in the TOP500. Intel® Technologies Move Analytics Forward.

Machine Learning 136

Machine Learning Deep Learning Data Quality Strategy 136

Smart Data Collective

JULY 7, 2021

It is impossible to create an effective social media marketing strategy without utilizing big data analytics effectively. You need to learn how to use big data and social analytics with your marketing strategy. Why is Data Analytics the Basis for a Solid Social Media Strategy? Analyzing and reporting.

Marketing 126

Marketing Strategy Optimization Analytics 126

CIO Business Intelligence

NOVEMBER 2, 2023

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 130

Strategy Data Processing Experimentation Optimization 130

Smart Data Collective

JUNE 19, 2022

Since AI has proven to be so valuable, an estimated 37% of companies report using it. Many suppliers are finding ways to use AI and data analytics more effectively. You can use predictive analytics tools to anticipate different events that could occur. AI is particularly helpful with managing risks.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

Smart Data Collective

AUGUST 23, 2023

IBISWorld has shown that big data can be extremely beneficial for companies relying on trade shows. One of the benefits is that data analytics helps measure the ROI of trade show marketing more effectively. The data in their report shows the trade show industry is growing 5% a year.

Big Data 81

Big Data ROI Marketing Advertising 81

CIO Business Intelligence

SEPTEMBER 14, 2023

Additionally, Peterson says large language models (LLMs) are enabling Nasdaq to “create new kinds of intelligence reports for investors and corporate customers that leverage the company’s proprietary data sets and drive faster, more impactful content creation in Nasdaq’s marketing and communication teams.”

Risk Management 110

Risk Management Risk Marketing Cost-Benefit 110

IBM Big Data Hub

JUNE 8, 2023

Having a well-designed data architecture and fact-based data can help with understanding performance and measuring progress against broad-based operational and ESG goals. Insights generated from this data can help organizations further their ESG programs as well as drive operational efficiency.

Technology 77

Technology Measurement Cost-Benefit Data-driven 77