Smart Data Collective

NOVEMBER 5, 2023

The digital marketing sector is among those most influenced by the benefits of analytics technology. Why Are More Companies Investing in Analytics to Bolster their Digital Marketing Strategies? The data accumulated through the online world of ours needs to be analyzed for businesses to make any sense of it.

Marketing 106

Marketing Analytics ROI Data-driven 106

Smart Data Collective

JANUARY 27, 2022

In a sense, despite its tremendous value, big data has become a bit of a bubble for many companies. They have heard that big data can be useful, so they invest in it without much consideration for their ROI. If you are trying to create a data-centric business, you are going to need to invest wisely.

Optimization 106

Optimization IT Big Data Cost-Benefit 106

Smart Data Collective

JANUARY 11, 2023

billion on big data marketing in 2020 and this figure is likely to grow further in the years to come. Some of the case studies on the benefits of data-driven marketing are quite promising. One tourist company utilized data analytics to boost website conversions by 40%. Use AI and Data Analytics for Video Marketing.

Data-driven 99

Data-driven Marketing Advertising Big Data 99

CIO Business Intelligence

JUNE 3, 2024

Automation and less overhead That 5X price difference comes from several places: lower overhead costs, automation, and higher cost savings achievements which can offset the cost of hiring a cloud cost optimization service. When both teams have the necessary information, the path to optimization is clear.

Management 78

Management Cost-Benefit Optimization ROI 78

datapine

OCTOBER 11, 2023

A Warehouse KPI is a measurement that helps warehousing managers to track the performance of their inventory management, order fulfillment, picking and packing, transportation, and overall operations. In time, this will help you increase customer satisfaction and skyrocket warehouse ROI. Let’s dive in with the definition.

Metrics 217

Metrics KPI Management Cost-Benefit 217

datapine

MAY 21, 2019

“BI is about providing the right data at the right time to the right people so that they can take the right decisions” – Nic Smith. Data analytics isn’t just for the Big Guys anymore; it’s accessible to ventures, organizations, and businesses of all shapes, sizes, and sectors. 2) Lack of company-wide adoption.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

datapine

JANUARY 24, 2021

This genie (who we’ll call Data Dan) embodies the idea of a perfect data analytics platform through his magic powers. Now, with Data Dan, you only get to ask him three questions. Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

AUGUST 23, 2022

Technology that minimizes operational risk and provides advanced data management and protection that spans the entire edge-to-core continuum. An optimized network planning experience along with scalability and sustainability built-in, and a simple monthly payment with no upfront capital expenditure. Transitioning to Business Value .

Cost-Benefit 95

Cost-Benefit Business Objectives ROI Risk 95

bridgei2i

JUNE 25, 2020

Digital Engagement of Employees in the Post-Pandemic Era and New Data/ Analytics Data Opportunities. The sweeping COVID-19 pandemic has led to offices, factories, showrooms, and stores shutting down as Public Health authorities enforce social distancing, as a measure to contain the spread of the virus.

Data Analytics 52

Data Analytics Analytics ROI Risk 52

Smart Data Collective

NOVEMBER 29, 2021

We have endlessly discussed the benefits of using big data to make the most out of your marketing strategies. Companies that neglect to use data analytics, AI and other forms of big data technology risk falling behind to their competitors. This is where data analytics is going to be important.

Data-driven 108

Data-driven Marketing Big Data Sales 108

Smart Data Collective

SEPTEMBER 30, 2021

In the past, marketers had to rely heavily on their gut instinct, because the performance of various strategies was harder to measure. In the digital era, however, data analytics has made it much easier to figure out what strategies perform optimally. This makes them ideal for promoting a sale, event or new product.

Analytics 102

Analytics Marketing Sales Metrics 102

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

Cloudera

JANUARY 5, 2021

Website Operations —Analyze website operations to improve efficiencies in order fulfillment service levels, optimize delivery options offered. Consolidated Inventory & Sales Data — Build an enterprise view of sales and inventory across all channels. Improved customer delivery capacity, service with shortened delivery windows.

Forecasting 91

Forecasting Cost-Benefit Sales Unstructured Data 91

Smart Data Collective

JANUARY 5, 2021

It’s easy enough to quantify and tabulate social data such as likes, follows, and shares. But the question that matters is, how can you measure and analyze the true impact of social activity on your sales funnel? What is Social Media Data? Enriched leads and social data analytics strengthen your attribution models.

B2B 127

B2B Sales Marketing Big Data 127

Smart Data Collective

APRIL 24, 2019

Investing in analytics isn’t something to take lightly, but companies that do it well can set themselves up for success they didn’t even know was attainable. Who’s Using Analytics in Manufacturing? Broadly speaking, big data analytics is your company’s ticket to efficiency and productivity improvements.

Analytics 99

Analytics Manufacturing Cost-Benefit Internet of Things 99

Smart Data Collective

JUNE 14, 2022

Data analytics has made it easier to identify the best audience for your online business. Tools like Quantcast use complex data analytics capabilities that to help companies get a better understanding of their target demographics. You can also use your own data analytics dashboards to see what customers are telling you.

Big Data 105

Big Data Data mining Metrics Sales 105

CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 125

Measurement Digital Transformation KPI Metrics 125

IBM Big Data Hub

JUNE 20, 2023

Valuable assets can be complex and markets are always shifting, so during this phase, it’s important to weigh the depreciation of the current asset against the rising cost of maintaining it in order to calculate its overall ROI. These factors can include available resources (e.g.,

Strategy 71

Strategy Management Cost-Benefit IoT 71

O'Reilly on Data

MARCH 31, 2020

Measurement, tracking, and logging is less of a priority in enterprise software. Many consumer internet companies invest heavily in analytics infrastructure, instrumenting their online product experience to measure and improve user retention. These companies eventually moved beyond using data to inform product design decisions.

Management 339

Management Machine Learning Experimentation Metrics 339

Andrew White

DECEMBER 16, 2019

After sifting through several year’s worth of formally written data, analytics, and data and analytics strategies, we found about 85% of them did not include a measurable business outcome. As such an ROI would have been impossible. See Data and Analytics Strategies Need More-Concrete Metrics of Success.

Uncertainty 40

Uncertainty ROI Metrics Strategy 40

CIO Business Intelligence

JANUARY 4, 2023

It’s a tall order, and one that will hinge on a few factors: Accelerator deployment and management at scale Changes to power and cooling design decisions at very large scale Open-source deployment of high-performance clusters to run simulation, AI, and data analytics workloads What’s New and Growing Among HPC Users?

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

datapine

MARCH 19, 2019

Giving the ability to drill down into insights, stats, and metrics in various areas of the business in a digestible format that’s not only interactive but optimized for mobile devices, these compact, portable dashboards boast potential decision-making capabilities 24/7. Why Are Mobile Dashboards Important? Sales mobile dashboard example.

Dashboards 112

Dashboards Visualization Metrics KPI 112

Smart Data Collective

OCTOBER 21, 2020

Machine learning and other big data technology has made this even easier. Email is measurable through sophisticated data analytics. You can track everything with big data – how many people saw your email, how many of them opened it, and how many took the desired action. Optimize Subject Lines and Email Design.

Data-driven 79

Data-driven Big Data Metrics Machine Learning 79

IBM Big Data Hub

NOVEMBER 30, 2023

A talent acquisition strategy is a comprehensive plan an organization develops to optimize its talent acquisition—the identification, attraction and retention of the right talent. Measure impact: Use analytics and metrics to assess the effectiveness of branding efforts.

Strategy 61

Strategy Cost-Benefit Consulting Data-driven 61

datapine

JANUARY 7, 2020

Without big data analytics, companies are blind and deaf, wandering out onto the Web like deer on a freeway. Companies that use data analytics are five times more likely to make faster decisions, based on a survey conducted by Bain & Company. Geoffrey Moore, Author of Crossing the Chasm & Inside the Tornado.

Dashboards 149

Dashboards Reporting KPI Metrics 149

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

Sisense

SEPTEMBER 3, 2020

We live in a constantly-evolving world of data. That means that jobs in data big data and data analytics abound. The wide variety of data titles can be dizzying and confusing! Business analysts may work together with data scientists and data analysts in areas such as metric definition and database design.

Statistics 97

Statistics Metrics Visualization Finance 97

Smart Data Collective

MAY 31, 2023

Most savvy marketers recognize the importance of using analytics technology to optimize their strategies to get a higher ROI. One example of this trend is by using analytics to measure the engagement of Instagram stories to get customers to interact more frequently. however, data is available for months afterwards.

Marketing 78

Marketing Data Analytics Analytics Interactive 78

IBM Big Data Hub

AUGUST 11, 2023

MES systems can assist managers with process management and process control, helping to facilitate optimal performance of manufacturing. By facilitating optimized production planning and scheduling, these systems ensure efficient resource allocation, workload balancing and on-time deliveries, leading to improved profitability.

Software 68

Software Manufacturing Cost-Benefit ROI 68

AWS Big Data

OCTOBER 26, 2023

times better price-performance than other cloud data warehouses on real-world workloads using advanced techniques like concurrency scaling to support hundreds of concurrent users, enhanced string encoding for faster query performance, and Amazon Redshift Serverless performance enhancements. Amazon Redshift delivers up to 4.9

Data Warehouse 95

Data Warehouse Cost-Benefit Dashboards Optimization 95

datapine

JANUARY 21, 2020

Operational optimization and forecasting. Every serious business uses key performance indicators to measure and evaluate success. Cost optimization. Another important factor to consider is cost optimization. With so much information and such little time, intelligent data analytics can seem like an impossible feat.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

Occam's Razor

APRIL 13, 2015

And, that's not all, when you consider that it is segmented data, across multiple dimensions, it really is impressive. But, I'm a big believer in optimizing data access to be at the right time as defined by your decision-making/action-taking speeds inside your company. You can see what's happening right now.

Analytics 155

Analytics Reporting Metrics Slice and Dice 155

IBM Big Data Hub

APRIL 4, 2024

cloud servers, data storage , networking capabilities, automation , software, data analytic tools)—with the security and control of on-premises IT infrastructure. Private clouds also typically include enhanced physical security measures like surveillance cameras and security personnel.

Data Processing 91

Data Processing Cost-Benefit Software Digital Transformation 91

CIO Business Intelligence

MARCH 22, 2022

Then virtualize your data to allow business users to conduct aggregated searches and analyses using the business intelligence or data analytics tools of their choice. . Set up unified data governance rules and processes. With data integration comes a requirement for centralized, unified data governance and security.

Analytics 94

Analytics Key Performance Indicator Data Warehouse Data-driven 94

Andrew White

JANUARY 9, 2022

First, how we measure emissions and carbon footprint is about data design and policy. In other words, D&A plays a key role in the foundational measuring angle. To drive a successful Data Analytics strategy do you think it is a multidisciplinary activity and if so, what additional roles would you expect to see involved.

Analytics 64

Analytics Measurement Modeling Data-driven 64

datapine

DECEMBER 11, 2019

AI optimizes business processes, increasing productivity and efficiency while automating repetitive tasks and supporting human capabilities. Is my data protected while the integration process is worked through? If you’re looking to improve your data analytics processes, in particular, unbundling is unlikely to be the answer.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. Life insurance needs accurate data on consumer health, age and other metrics of risk.

Insurance 150

Insurance Risk IoT Cost-Benefit 150