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. Take no risks when it comes to protecting data privacy!

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

Smart Data Collective

NOVEMBER 22, 2021

Data analytics technology has touched on virtually every element of our lives. More companies are using big data to address some of their biggest concerns. Data analytics technology is helping more companies get the financing that they need for a variety of purposes. This is yet another benefit of using big data.

Finance 102

Finance Data Analytics Analytics Big Data 102

IBM Big Data Hub

SEPTEMBER 6, 2023

Obsolete data and financial projections A budget, at its core, is a financial forecast. Unanticipated risks Good budgeting plans for risks. Using an old budget can result in inadequate hedging strategies, poor financial decisions, exposure to unfavorable currency fluctuations or misjudged credit risks.

Forecasting 89

Forecasting Marketing Risk Sales 89

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

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

Predictive Analytics 137

Predictive Analytics Analytics Predictive Modeling Forecasting 137

Smarten

MAY 17, 2019

Whether you need to anticipate and plan for equipment maintenance, target online customers, control customer churn, or identify ways to cross-sell and upsell customers on existing and new products and services, these predictive analytics tools can help you to optimize your marketing budget and your resources and mitigate risk and market missteps.

Predictive Analytics 65

Predictive Analytics Forecasting Analytics Predictive Modeling 65

CIO Business Intelligence

APRIL 5, 2022

Enterprises face multiple risks throughout their supply chains, Deloitte says, including shortened product life cycles and rapidly changing consumer preferences; increasing volatility and availability of resources; heightened regulatory enforcement and noncompliance penalties; and shifting economic landscapes with significant supplier consolidation.

Analytics 142

Analytics Cost-Benefit Forecasting Manufacturing 142

CIO Business Intelligence

DECEMBER 11, 2023

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. Going even further, some of the most progressive finance teams are incorporating sensor-based IoT data from plants, factories, and even trucking fleets to prioritize capital expenditures.

Finance 91

Finance Forecasting IoT Predictive Modeling 91

CIO Business Intelligence

MARCH 18, 2024

How technology is used for social sustainability Governance and ethical practices: Data security and privacy technologies are critical for good governance, particularly in our digital-first world where cybersecurity risks are on the rise.

Manufacturing 108

Manufacturing Forecasting Technology Software 108

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

CIO Business Intelligence

FEBRUARY 20, 2024

Microsoft Copilot can bring to bear a range of capabilities to help manufacturers mitigate risk, manage their inventory, improve planning, and make informed decisions quickly across the entire supply chain. Product optimisation.

Manufacturing 82

Manufacturing Sales Risk Management Forecasting 82

BizAcuity

APRIL 6, 2022

Hence, a lot of time and effort should be invested into research and development, hedging and risk management. Forecasting exchange rates, cryptocurrencies and market volatility: The price fluctuations in the cryptocurrency exchanges can be compared with the price fluctuations of the fiat currencies. Contact Us.

Data Analytics 52

Data Analytics Analytics B2B Deep Learning 52

Smart Data Collective

JULY 2, 2019

Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field. Global Experts Weigh in On Renewable Energy Dependence on Big Data. We have heard experts all over the world talk about the benefits of big data in renewable energy. Here are some of their findings.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

Corinium

JUNE 6, 2019

Lack of clear, unified, and scaled data engineering expertise to enable the power of AI at enterprise scale. Regulations and compliance requirements, especially around pricing, risk selection, etc., Analytics is a powerful capability enabler to help Insurers transform their operations and services.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

Sisense

SEPTEMBER 5, 2019

In an age where every company is making moves to be more data-driven, those that figure out how to efficiently monetize their data insights will be the biggest winners. The process of translating data into new revenue is not easy. Use data to create new value. What is the forecast for orders, revenue, cost, etc.?

Risk 75

Risk Breakeven Cost-Benefit Data-driven 75

Smart Data Collective

OCTOBER 13, 2020

Data analytics has been the basis for the cryptocurrency market for years. In 2018, a study from the University of Bremen in Germany discussed some of the implications of big data for the altcoin industry. They found that predictive analytics algorithms were using social media data to forecast asset prices.

Predictive Analytics 100

Predictive Analytics Analytics Forecasting Marketing 100

CIO Business Intelligence

NOVEMBER 20, 2023

Hotels could dynamically adjust room rates based on traffic forecasts, weather conditions, and events in the area. Predictive maintenance AI tools enable proactive maintenance approaches, using data analytics to detect anomalies in equipment and processes—such as the performance of jet engines—so they can be fixed before they fail.

Sales 125

Sales Cost-Benefit Manufacturing Forecasting 125

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

Smart Data Collective

SEPTEMBER 19, 2022

Big data in fintech plays a vital role, providing crucial content that impacts service delivery. Through big data insights, financial institutions can offer personalized services as well as predict consumer behavior. They can also anticipate industry trends, assess risks, and make strategic steps to elevate the customer experience.

Big Data 129

Big Data ROI Measurement Risk 129

IBM Big Data Hub

MAY 17, 2024

AI models analyze vast amounts of data quickly and accurately. They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions.  The applications of AI in commerce are vast and varied.

B2B 58

B2B Interactive Optimization Forecasting 58

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.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

Smart Data Collective

OCTOBER 8, 2020

Venture capitalists are finding new ways to leverage alternative data effectively for much higher yields. Big data plays a role in shifting the risk-reward calculus in the favor of venture capitalists. Venture capital is a high risk, high reward game. Data capital management could be a huge thing in the future.

Big Data 131

Big Data Machine Learning Forecasting Data-driven 131

Smart Data Collective

AUGUST 7, 2022

billion on financial analytics technology this year. Most of the discussions about the role of data analytics in finance have centered around traditional financial businesses, such as insurance, mutual funds, money management and other financial institutions. Global companies are projected to spend nearly $5.9

Analytics 104

Analytics Data Analytics Finance Analytics Technologies 104

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

Smart Data Collective

SEPTEMBER 12, 2021

We have started relying on big data to research new products, improve our experience online and make a number of other improvements. One of the biggest benefits of big data has been in the field of investing. Using Big Data to Create a Well Executed Investing Strategy. Are you considering investing in stocks and shares?

Data-driven 81

Data-driven Strategy Big Data Cost-Benefit 81

AWS Big Data

FEBRUARY 13, 2023

As trusted advisors to card networks and Fortune 500 companies, we are known for our expertise in the areas of transaction risk management, chargeback mitigation, fraud prevention, and dispute intelligence. It is our mission to utilize data intelligence to address their biggest pain point and make a significant impact on their bottom line.

Dashboards 52

Dashboards Risk Management Forecasting Risk 52

CIO Business Intelligence

JANUARY 18, 2024

Global spending on technology is predicted to be up by virtually all forecasts. Technology experiences wanted in new hires In terms of specific technology experience, Licciardello says companies are clearly looking for IT leaders who have experience with AI, data analytics, and cloud computing.

IT 126

IT Data-driven Marketing Technology 126

O'Reilly on Data

FEBRUARY 11, 2019

Many companies are just beginning to address the interplay between their suite of AI, big data, and cloud technologies. I’ll also highlight some interesting uses cases and applications of data, analytics, and machine learning. Temporal data and time-series analytics. Graph technologies and analytics.

Big Data 209

Big Data Technology Machine Learning Deep Learning 209

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. AWS’s secure and scalable environment ensures data integrity while providing the computational power needed for advanced analytics.

Insurance 85

Insurance Data Warehouse Data-driven Unstructured Data 85

Smart Data Collective

AUGUST 30, 2020

As it is the case with any venture, there are some risks that are inherent to the housing market. Being able to mitigate these risks and navigate various market trends is essential for generating a profit,” Mashvisor notes. This is where real estate analytics comes in. Smarter Decision Making. “As Improves Tenant Selection.

Big Data 115

Big Data Risk Data-driven Marketing 115

Smart Data Collective

AUGUST 19, 2021

In this article, we’ll be looking at how data analytics can help in product development and where it’s going in the future. You’ll also get some helpful tips on collating data in order to utilize for your future products in their development stages. How can data analytics help in product development? Image Source.

Analytics 127

Analytics Cost-Benefit Software Testing 127

IBM Big Data Hub

FEBRUARY 14, 2024

Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies. See what’s ahead AI can assist with forecasting. They can streamline workflows to increase efficiency and reduce time-consuming tasks and the risk of error in production, support, procurement and other areas.

Cost-Benefit 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

CIO Business Intelligence

SEPTEMBER 6, 2022

But getting to this stage was an intricate process that involved creating centers of excellence for things like data analytics that own the end-to-end infrastructure, application and skill sets, as well as career plans for staff. Pimblett hasn’t yet catalogued all of Very’s data, however.

IT 78

IT Forecasting Data Lake Enterprise 78

CIO Business Intelligence

OCTOBER 1, 2022

You wanted something, or needed a part to produce a product, and you simply ordered it and it would be delivered — quickly, affordably, and with forecastable precision. In most organizations, IT and the CIO have not taken the responsibility of aggregating and making sense of the end-to-end data supply chain systems generate.

Cost-Benefit 106

Cost-Benefit Manufacturing Forecasting Metrics 106

Sisense

JANUARY 22, 2021

For example, one fintech problem requiring actionable insights today is credit risk assessment. That advice is a quintessential actionable insight: The algorithm models the applicant’s probability of success by training on a mountain of historical data and market factors.

Machine Learning 52

Machine Learning Unstructured Data Forecasting Advertising 52

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. One of the other benefits of data analytics is that it can help forecast future business activity.

Data-driven 104

Data-driven Cost-Benefit Data mining Big Data 104

Cloudera

FEBRUARY 18, 2021

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. I’m sure you’ve already ready a number of trends and forecasts for 2021. Here I’ll comment on a few of the data and analytics-focused trends we see that will impact insurers in 2021 and beyond. .

Insurance 105

Insurance Digital Transformation Risk Data-driven 105