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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

E-commerce businesses around the world are focusing more heavily on data analytics. One report found that global e-commerce brands spent over $16.7 billion on analytics last year. There are many ways that data analytics can help e-commerce companies succeed.

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Will Predictive Analytics Help Forecast Profitable IPOs for Stock Traders?

Smart Data Collective

In 2019, Forbes published an article showing that machine learning can increase productivity of the financial services industry by $140 billion. A lot of experts have talked about the benefits of using predictive analytics technology to forecast the future prices of various financial assets , especially stocks.

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How Data Analytics Can Change the Way In-House Legal Departments Do Business 

Smart Data Collective

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.

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What is predictive analytics? Transforming data into future insights

CIO Business Intelligence

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. Energy: Forecast long-term price and demand ratios.

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IBM Emphasizes The Benefits Of Data Analytics For Renewable Energy

Smart Data Collective

Big data is playing a surprisingly important role in the evolution of renewable energy. IBM recently published a fascinating paper on the applications of big data for solar and other green energy sources. Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field.

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6 Tremendous Benefits of Big Data for Financial Management

Smart Data Collective

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.

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insightsoftware to Acquire Magnitude

Jet Global

Deal accelerates insightsoftware’s enterprise position in operational reporting by adding market-leading data analytics and integration products including SAP and Oracle ERP reporting solutions. RALEIGH, N.C. The acquisition is expected to close in early November.