Smart Data Collective

JULY 24, 2023

Nabil M Abbas of Towards Data Science talked about one of the most interesting ways that data analytics is changing the NBA. Abbas states that more players are attempting three-point shots based on analytics findings. We will also cover some of the changes brought on by data analytics. a year until 2030.

Analytics Technologies 79

Analytics Technologies Marketing Technology Analytics 79

Smart Data Collective

SEPTEMBER 19, 2022

Statistics show that 93% of customers will offer repeat business when they encounter a positive customer experience. Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. How Can Big Data In Fintech Influence The Customer Experience?

Big Data 129

Big Data ROI Measurement Risk 129

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. And they should have a proficiency in data science and analytics to effectively leverage data-driven insights and develop AI models.

Risk Management 138

Risk Management Risk Cost-Benefit Technology 138

Smarten

APRIL 28, 2023

If you are considering implementing a mobile BI solution to expand your business intelligence and analytics capabilities or if your business wants to implement mobile business intelligence to begin a self-serve analytics journey, you might add a productivity goal to your plan.

Slice and Dice 52

Slice and Dice Business Intelligence ROI Statistics 52

Smart Data Collective

AUGUST 10, 2021

Data-driven marketing is simply marketing that is informed by data. Marketers use data the company collects to strategize and monitor the effectiveness of different campaigns so they can increase ROI (return on investment) and create more revenue for the company. Marketing and business strategy benefit greatly from data.

Analytics 129

Analytics Data-driven Advertising Data Science 129

Smart Data Collective

JUNE 15, 2022

By observing how different techniques function in real-time, data analysis may assist support diverse product placement methods. Data analytics allow you to see which of your web marketing initiatives are working and which aren’t. Reduce customer acquisition expenses. Improve the online customer experience.

Advertising 98

Advertising Cost-Benefit ROI Sales 98

Smart Data Collective

FEBRUARY 8, 2021

Knowing and understanding your company’s data helps you make good marketing decisions, gain insight into what competitors are doing, and improves decision-making. You can’t afford to ignore the benefits of data analytics as a new company. Usually, data is analyzed with SQL/query or statistical sets.

Machine Learning 87

Machine Learning Marketing ROI Statistics 87

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! Programming and statistics are two fundamental technical skills for data analysts, as well as data wrangling and data visualization.

Statistics 97

Statistics Metrics Visualization Finance 97

O'Reilly on Data

MARCH 31, 2020

All you need to know for now is that machine learning uses statistical techniques to give computer systems the ability to “learn” by being trained on existing data. After training, the system can make predictions (or deliver other results) based on data it hasn’t seen before. What delivers the greatest ROI?

Management 332

Management Machine Learning Experimentation Metrics 332

DataRobot

SEPTEMBER 2, 2021

I’ve also spent this summer traveling with Andretti Motorsports and their RKM IndyCar team, learning how crucial data analytics are in the racing world as well as how Augmented Intelligence is immensely embedded into their racing strategy.

Broadcasting 52

Broadcasting Recreation/Entertainment ROI Statistics 52

BizAcuity

MAY 16, 2022

He went on to be the head brewer of Guinness and we thank him for not just great hand-crafted beers but subsequent research breakthroughs in statistical research as well. Data allowed Guinness to hold their market dominance for long. The more effectively a company uses data, the better it performs. That was in the 1900’s.

Business Intelligence 52

Business Intelligence Data mining Visualization Data Lake 52

datapine

MARCH 19, 2019

According to the statistics portal Statista , there are currently around 4.78 No longer are we bound by the shackles of cumbersome desktop PCs or one specific geographical location to conduct research or complete online data analysis or other important online tasks. We live in a mobile world. billion mobile device users worldwide.

Dashboards 112

Dashboards Visualization Metrics KPI 112

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

Domino Data Lab

JANUARY 6, 2019

more depth in the case studies), plus different styles of instruction (“ROI” gets discussed, a lot) are needed. This is especially the case in data science; most enterprise organizations simply cannot hire enough of the data analytics talent they need therefore, so much of these staffing needs must be filled by current employees.

Data Science 56

Data Science Machine Learning Reporting Visualization 56

Domino Data Lab

AUGUST 8, 2019

provides ways to kill 2-3 birds with one stone: better recommendations for people leveraging that data, along with better data governance, along with better ROI on research funding. Data science teams should watch what’s happening here, especially the emphasis in the EU. Data governance, for the win!

Data Science 71

Data Science Machine Learning Data Governance Statistics 71

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. What do you recommend to organizations to harness this but also show a solid ROI?

Insurance 150

Insurance Risk IoT Cost-Benefit 150

datapine

SEPTEMBER 16, 2022

But often that’s how we present statistics: we just show the notes, we don’t play the music.” – Hans Rosling, Swedish statistician. A BI strategy that leverages data visualization will provide an ROI of $13.01 14) “Visualize This: The Flowing Data Guide to Design, Visualization, and Statistics” by Nathan Yau.

Visualization 304

Visualization Dashboards Data-driven Statistics 304

Smart Data Collective

MAY 19, 2022

Due to the benefits of automated technologies powered by artificial intelligence and data analytics, sales staff may now concentrate on the most vital aspects of the sales cycle. This is where data analytics is going to come in handy. There are a lot of data-driven tools that can make this easier.

Sales 133

Sales Big Data Cost-Benefit Marketing 133

datapine

MARCH 18, 2020

Social media marketing reporting is based on a curated collection of data and statistics that are customized based on your business’s social marketing activities and goals. For more insights into the virtues of data analytics, you can explore 250 KPI examples we have carefully prepared.

Reporting 178

Reporting Dashboards Metrics KPI 178

Smarten

SEPTEMBER 6, 2019

With self-serve tools, data discovery and analytics tools are accessible to team members and business users across the enterprise. SSDP or Self-Serve Data Preparation is a crucial component of Advanced Data Discovery. What is SSDP?

Analytics 51

Analytics IT Business Intelligence Testing 51

Andrew White

JANUARY 9, 2022

We found anecdotal data that suggested things such as a) CDO’s with a business, more than a technical, background tend to be more effective or successful, and b) CDOs most often came from a business background, and c) those that were successful had a good chance at becoming CEO or CEO or some other CXO (but not really CIO).

Analytics 64

Analytics Measurement Modeling Data-driven 64

Rocket-Powered Data Science

OCTOBER 6, 2023

What is the point of those obvious statistical inferences? In statistical terms, the joint probability of event Y and condition X co-occurring, designated P(X,Y), is essentially the probability P(Y) of event Y occurring. How do predictive and prescriptive analytics fit into this statistical framework?

Business Analytics 163

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 163

Smarten

MAY 17, 2024

The organization looks for a solution that is easy enough for its business users and intuitive enough to produce clear results; one that also provides sophisticated functionality and features and will produce a suitable Return on Investment (ROI) and Total Cost of Ownership (TCO). That is time that could be spent on more strategic goals.

Analytics 52

Analytics Predictive Modeling ROI Cost-Benefit 52

Smart Data Collective

JUNE 26, 2019

Get Rid of Blind Spots in Statistical Models With Machine Learning. Data-related blind spots could also exist in your statistical models. RiskSpan is a company that built a machine learning algorithm that can flag error-prone parts of a statistical model and indicate which associated outputs may be unreliable.

ROI 102

ROI Statistics Machine Learning Measurement 102

Smarten

NOVEMBER 9, 2022

When a business decides to tackle data democratization and bring data analytics to its business users, it can often fail to comprehensively plan for success. While selecting the right augmented analytics solution is crucial, the business team must also plan for user adoption and solution acceptance.

Analytics 52

Analytics ROI Cost-Benefit Consulting 52

InsightOut

OCTOBER 15, 2021

b' Data analytics once came under the exclusive purview of number-crunching data analysts and esoteric data scientists. The power to access, analyze and present data sets from complex statistical programs lay only within their restricted reach. Technology has changed, and so have the business scenarios.

Dashboards 52

Dashboards Key Performance Indicator Digital Transformation Metrics 52

Smarten

FEBRUARY 11, 2019

Analytics Translators bridge the gap between IT, data scientists and business users, and move initiatives forward by acting as a liaison and topic expert to help the organization focus on the right things to achieve its goals.

Analytics 40

Analytics Prescriptive Analytics ROI Statistics 40

Alation

MAY 2, 2023

Hospitality organizations use data analytics to unlock insights, improve operations, and maximize profits. Leveraging analytics enables companies in this space to achieve financial and operational efficiencies while delivering personalized services and offerings. What is data analytics in the hospitality industry?

Data Analytics 52

Data Analytics Analytics ROI Data Governance 52

Andrew White

JANUARY 11, 2021

Note: Delivery of data, analytics solutions and the sustainment of technology, data and services is a question. But we are seeing increasing data suggesting that broad and bland data literacy programs, for example statistics certifying all employees of a firm, do not actually lead to the desired change.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Alation

MAY 2, 2023

Hospitality organizations use data analytics to unlock insights, improve operations, and maximize profits. Leveraging analytics enables companies in this space to achieve financial and operational efficiencies while delivering personalized services and offerings. What is data analytics in the hospitality industry?

Data Analytics 40

Data Analytics Analytics ROI Data Governance 40

FineReport

APRIL 3, 2024

By visually representing data through charts, graphs, and maps, they foster collaboration and knowledge sharing among stakeholders. Integrated with diverse data sources, they empower users to analyze data directly within the dashboard interface, democratizing data analytics for both technical and non-technical users.

Dashboards 52

Dashboards Visualization Metrics Interactive 52

Alation

JANUARY 27, 2022

How do businesses transform raw data into competitive insights? Data analytics. Modern businesses are increasingly leveraging analytics for a range of use cases. Analytics can help a business improve customer relationships, optimize advertising campaigns, develop new products, and much more. What is Data Analytics?

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52

DataRobot

DECEMBER 8, 2021

But many struggle to turn the data they collect into true, actionable insights that can increase ROI. Traditional statistics simply don’t work on this scale. One of the biggest challenges companies face is how to act on their marketing data. Next Best Action.

Customer Analytics 97

Customer Analytics Analytics Data-driven Advertising 97

Jet Global

MAY 1, 2023

Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. Costs: The investment in developing and maintaining the solution. “-1”: The formula assures that a positive ROI is achieved only when benefits exceed the costs. Benefits: The combination of strategic benefits (e.g., cost reduction).

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52