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. Big data should be leveraged to execute any GTM campaign. Some of these were addressed in the Data Driven Summit 2018. Let’s begin.

Marketing 107

Marketing Data Analytics Analytics Big Data 107

CIO Business Intelligence

JULY 5, 2022

What are the benefits of business analytics? What is the difference between business analytics and data analytics? Business analytics is a subset of data analytics. Descriptive analytics uses historical and current data to describe the organization’s present state by identifying trends and patterns.

Business Analytics 126

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 126

CIO Business Intelligence

JANUARY 19, 2024

Companies are increasingly eager to hire data professionals who can make sense of the wide array of data the business collects. The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

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.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

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.

Big Data 143

Big Data Management Predictive Analytics Statistics 143

Smarten

MARCH 7, 2024

While none of these is considered ‘new’ in the market today, the combination of essential components and the leveraging of new technologies and features is key to keeping augmented analytics fresh and usable for the average business user.

Analytics 67

Analytics Predictive Modeling Machine Learning Visualization 67

IBM Big Data Hub

OCTOBER 30, 2023

Adopting AI in business at scale is not without its challenges, including data privacy concerns, integration complexities and the need for skilled personnel. Scaling AI in business presents unique challenges: Data accessibility : Fragmented and siloed data stifle advancement.

Insurance 78

Insurance Data Warehouse Data-driven Unstructured Data 78

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. In this landscape, data analysts assume a pivotal role, tasked with interpreting data to drive informed decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

datapine

MARCH 31, 2022

To simplify things, you can think of back-end BI skills as more technical in nature and related to building BI platforms, like online data visualization tools. Front-end analytical and business intelligence skills are geared more towards presenting and communicating data to others.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

datapine

OCTOBER 11, 2023

Among the many strategies and technologies organizations use to keep these costs at a minimum, predictive analytics is one of the most effective ones. By analyzing historical demand, they can forecast the inventory level they will need and avoid having high levels of unsold products.

Metrics 217

Metrics KPI Management Cost-Benefit 217

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

FineReport

APRIL 9, 2024

In addition to security concerns, achieving seamless healthcare data integration and interoperability presents its own set of challenges. The fragmented nature of healthcare systems often results in disparate data sources that hinder efficient decision-making processes.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

datapine

JUNE 5, 2019

As mentioned earlier, a data dashboard has the ability to answer a host of business-related questions based on your specific goals, aims, and strategies. A data dashboard assists in 3 key business elements: strategy, planning, and analytics. This kind of “focus adjustment” just isn’t possible with spreadsheets. Not pretty.

Dashboards 316

Dashboards KPI Sales Visualization 316

IBM Big Data Hub

JULY 6, 2023

It uses advanced tools to look at raw data, gather a data set, process it, and develop insights to create meaning. Areas making up the data science field include mining, statistics, data analytics, data modeling, machine learning modeling and programming.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

datapine

NOVEMBER 5, 2019

All areas of your modern-day business – from supply chain success to improved reporting processes and communications, interdepartmental collaboration, and general organization innovation – can benefit significantly from the use of analytics, structured into a live dashboard that can improve your data management efforts.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

IBM Big Data Hub

FEBRUARY 23, 2024

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. AI will increasingly make conversations indistinguishable from those with humans.

Enterprise 95

Enterprise Interactive Data-driven Key Performance Indicator 95

Cloudera

MARCH 2, 2018

The private sector already very successfully uses data analytics and machine learning not only to realise efficiency gains but also – even more importantly – to create completely new services and business models. Identify those most at risk or most affected by a problem more accurately by using predictive analytics.

Data-driven 43

Data-driven Prescriptive Analytics Descriptive Analytics Machine Learning 43

datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. The rate at which data is generated has increased exponentially in recent years. Essential Big Data And Data Analytics Insights. million searches per day and 1.2

Big Data 263

Big Data Data Analytics Analytics Data mining 263

bridgei2i

JULY 8, 2020

The bottom line is that despite these uncertain times, this situation presents fascinating learning outcomes for all. In the short run, this means they have to get their demand forecast right. Now, how do you use signals from a pre-COVID world to predict a post-COVID demand scenario? Tune in, and don’t forget to subscribe!

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

datapine

MARCH 25, 2022

There is not a clear line between business intelligence and analytics, but they are extremely connected and interlaced in their approach towards resolving business issues, providing insights on past and present data, and defining future decisions. What Is Business Intelligence And Analytics?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

BizAcuity

MARCH 31, 2022

You must be tired of continuously hearing quotes like, ‘data is the new oil’ and what not. This article (like thousands of other articles), is aimed at presenting consolidated information about AI for business in simple language. Combined, it has come to a point where data analytics is your safety net first, and business driver second.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

datapine

MAY 16, 2019

Exclusive Bonus Content: Ready to use data analytics in your restaurant? Get our free bite-sized summary for increasing your profits through data! By managing your information with data analysis tools , you stand to sharpen your competitive edge, increase your profitability, boost profit margins, and grow your customer base.

Analytics 163

Analytics Predictive Analytics Advertising Dashboards 163

datapine

JANUARY 21, 2020

Utilization of real-time and historical data. With traditional means of reporting, it is difficult to utilize and comprehend the vast amount of gathered data. Creating a simple presentation out of voluminous information can challenge even the most experienced managers. Customer analysis and behavioral prediction.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

Cloudera

FEBRUARY 3, 2021

With streaming data, analytics, machine learning, and the cloud, organizations can increase operational efficiency and better manage supply chain creation, as well as disruption. This is, in turn, causing a mismatch between demand forecasting and supply replenishment. McKinsey defines Supply Chain 4.0 Supply Chain 4.0

Manufacturing 107

Manufacturing Forecasting Internet of Things Risk 107

Domino Data Lab

JUNE 2, 2019

Note that there’s not enough room in an article to cover these presentations adequately so I’ll highlight the keynotes plus a few of my favorites. Nick Elprin, CEO and co-founder of Domino Data Lab. To quote Brian Landauer from Duo Security: “Enjoyed #dominorev so much that it left me wanting a Slack for data science leaders.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. This is predictive power discovery. Or more simply: given Y, find X. ” “Just 26.5%

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

datapine

NOVEMBER 27, 2019

The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts. The trends we presented last year will continue to play out through 2020. Time gain is also present in the form of AI assistants. We are excited to see what this new year will bring.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smarten

JULY 18, 2022

These individuals may already be ‘power users’ of business applications and may have developed and reported or presented data to others with an eye toward clarifying their decision-making. Citizen Data Scientist candidates may also be IT team members who are interested in data science.

Uncertainty 52

Uncertainty Predictive Analytics Forecasting Analytics 52

datapine

DECEMBER 4, 2019

Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Augmented Analytics.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Jet Global

MAY 1, 2023

In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future. Create a quantitative analysis that proves how embedded analytics are the key to meeting these goals.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52