Smart Data Collective

MARCH 2, 2023

It helps companies operate more efficiently, tap larger markets of customers, and solve some of their most complex challenges. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. This is true in any economy.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Smart Data Collective

OCTOBER 6, 2023

Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. There are a number of huge benefits of using data analytics to identify seasonal trends.

Management 115

Management Analytics Predictive Analytics Cost-Benefit 115

Smart Data Collective

SEPTEMBER 7, 2021

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Big data in retail help companies understand their customers better and provide them with more personalized offers. Big data is a not new concept, and it has been around for a while.

Big Data 124

Big Data Technology Cost-Benefit Predictive Analytics 124

Smart Data Collective

JULY 31, 2022

Predictive analytics technology has become essential for traders looking to find the best investing opportunities. Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty.

Predictive Analytics 134

Predictive Analytics Analytics Uncertainty Forecasting 134

CIO Business Intelligence

MARCH 30, 2022

Disruption and uncertainties will keep going for the following years, and being agile and resilient needs to become part of t the manufacturer’s DNA. This comes with building up data analytic capabilities, but it’s not necessarily about having an army of data scientists. Industry 4.0 for manufacturing.

Manufacturing 52

Manufacturing Uncertainty Digital Transformation Predictive Analytics 52

Sisense

JULY 6, 2020

Organizations are leaning on data and insights to navigate a new path forward as they deal with the crisis, but also as they reset their businesses. Analytics are essential in a crisis. Uncertainty often surfaces new opportunities as business leaders are forced to consider changes around key parts of the business.

Data-driven 81

Data-driven Uncertainty Reporting Analytics 81

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 42

Data-driven Prescriptive Analytics Descriptive Analytics Machine Learning 42