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. Forecast financial market trends.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Smart Data Collective

OCTOBER 16, 2023

This information, dubbed Big Data, has grown too large and complex for typical data processing methods. Companies want to use Big Data to improve customer service, increase profit, cut expenses, and upgrade existing processes. The influence of Big Data on business is enormous. Where does big data come from?

Big Data 101

Big Data IoT Cost-Benefit Advertising 101

Jen Stirrup

APRIL 16, 2024

The Green Hydrogen Summit, hosted in Abu Dhabi by Masdar, kicked off this year with a significant focus on Artificial Intelligence and data to advance the green hydrogen economy for a sustainable energy transition. There is a significant focus on Artificial Intelligence and data and its potential.

Data Processing 58

Data Processing Data-driven Optimization Forecasting 58

Smart Data Collective

MAY 28, 2021

Data security and data collection are both much more important than ever. Every organization needs to invest in the right big data tools to make sure that they collect the right data and protect it from cybercriminals. One tool that many data-driven organizations have started using is Microsoft Azure.

Data-driven 133

Data-driven Cost-Benefit Big Data Data Processing 133

Smart Data Collective

NOVEMBER 24, 2020

Business intelligence software will be more geared towards working with Big Data. Data Governance. One issue that many people don’t understand is data governance. It is evident that challenges of data handling will be present in the future too. Below we break down the latest trends in business intelligence.

Business Intelligence 130

Business Intelligence Visualization Dashboards Prescriptive Analytics 130

CIO Business Intelligence

SEPTEMBER 8, 2022

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years.

Cost-Benefit 120

Cost-Benefit Internet of Things Data-driven Data Lake 120

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. New Avenues of Data Discovery. These new avenues of data discovery will give business intelligence analysts more data sources than ever before.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

IBM Big Data Hub

AUGUST 7, 2023

This article, part of the IBM and Pfizer’s series on the application of AI techniques to improve clinical trial performance, focuses on enrollment and real-time forecasting. AI can also empower trial managers and executives with the data to make strategic decisions. To do so they require data, which is in no shortage.

Optimization 57

Optimization Forecasting Data-driven Strategy 57

CIO Business Intelligence

JULY 20, 2023

Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this. From 250 such stores in 2021, the study forecasts the number to touch 12,000 by 2027.

Technology 75

Technology Forecasting Advertising Machine Learning 75

Smart Data Collective

JUNE 2, 2022

Companies can invest in specialized cloud software that provides essential data that helps give them real-time access to suppliers, electronic invoices, and other information. Since information on suppliers is usually readily available in the cloud, they can tap this data and make timely decisions. ROI-Driven Concept.

Technology 120

Technology ROI Cost-Benefit Forecasting 120

Smart Data Collective

MARCH 8, 2021

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data.

Big Data 143

Big Data Management Predictive Analytics Statistics 143

Cloudera

JANUARY 20, 2021

Most of what is written though has to do with the enabling technology platforms (cloud or edge or point solutions like data warehouses) or use cases that are driving these benefits (predictive analytics applied to preventive maintenance, financial institution’s fraud detection, or predictive health monitoring as examples) not the underlying data.

Digital Transformation 104

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 104

Smart Data Collective

JUNE 15, 2022

One of the secrets to attracting and retaining customers is to become more data-centric. According to many surveys, more than 90% of retail organizations across a wide range of sectors feel location data is crucial to their success. In this article, we will talk about nine ways location data can help you excel in retail.

Advertising 97

Advertising Cost-Benefit ROI Sales 97

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends.

Enterprise 100

Enterprise Interactive Data-driven Key Performance Indicator 100

erwin

JUNE 11, 2020

What Is Data Intelligence? Data Intelligence is the analysis of multifaceted data to be used by companies to improve products and services offered and better support investments and business strategies in place. Data intelligence can encompass both internal and external business data and information. Healthcare.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

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

NOVEMBER 14, 2019

The digital gaming industry has undergone jolting changes over the past decade, as more organizations are looking towards data driven solutions. Gaming organizations have started to use big data to develop a deeper understanding of target customers. Time series models that attempt to forecast future variable behavior.

Predictive Analytics 79

Predictive Analytics Analytics Forecasting Modeling 79

O'Reilly on Data

JULY 28, 2020

It’s often difficult for businesses without a mature data or machine learning practice to define and agree on metrics. Fair warning: if the business lacks metrics, it probably also lacks discipline about data infrastructure, collection, governance, and much more.) Agreeing on metrics. This is particularly true for AI products.

Marketing 362

Marketing Experimentation Metrics Testing 362

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Cost-Benefit 85

Cost-Benefit Insurance Unstructured Data Machine Learning 85

FineReport

MAY 18, 2024

Data visualization techniques are paramount in today’s data-driven world. Mastering data visualization techniques is not just a skill but a necessity for professionals across various industries. Increased Efficiency : Visualizing data streamlines processes by highlighting key points efficiently.

Visualization 52

Visualization Interactive Cost-Benefit Dashboards 52

Smart Data Collective

APRIL 14, 2021

Advancement in big data technology has made the world of business even more competitive. The proper use of business intelligence and analytical data is what drives big brands in a competitive market. Business intelligence tools can include data warehousing, data visualizations, dashboards, and reporting.

Business Intelligence 133

Business Intelligence Dashboards Visualization Big Data 133

bridgei2i

MAY 20, 2021

It involves a detailed and comprehensive understanding of the data gathered from various sources. Digital analytics help organizations get a clearer insight into the customer’s needs by gathering and analyzing their digital data collected from websites, mobile applications, and other sources. billion by 2025.

Consulting 52

Consulting Analytics Data-driven Dashboards 52

Smarten

NOVEMBER 22, 2019

Why is Data Literacy Important? If you have attended technology conferences or read industry publications, you have probably heard the term ‘Data Literacy’. Data Literacy means that your team members have the ability to read, work with and understand, analyze, present and make decisions using data.

Predictive Modeling 67

Predictive Modeling Data-driven Forecasting Visualization 67

IBM Big Data Hub

JULY 26, 2023

Flexibility and Adaptability: Traditional budgeting systems often rely on historical data and incremental adjustments. This enables informed decision-making, as leaders have a clearer understanding of the trade-offs involved and can make strategic choices based on reliable data. How to implement Zero-Based Budgeting?

Cost-Benefit 58

Cost-Benefit Optimization Visualization Data-driven 58

Smart Data Collective

JULY 21, 2021

Specifically, we’re talking about how digital transformation efforts routinely fail to take advantage of the data they provide access to. All those invoices have reams and reams of valuable data that you can use to create reports, forecasts and direct management decisions. Why Are We so Focused on Data Strategy?

Digital Transformation 143

Digital Transformation Data Strategy Strategy Cost-Benefit 143

Cloudera

SEPTEMBER 3, 2020

I think we can all agree that it would be nice to have some good news in 2020, which is why the Data for Good category in this year’s Cloudera Impact Awards is such a pertinent one. The awards program is an annual corporate competition celebrating game-changing data-implementation projects.

Data-driven 95

Data-driven Forecasting Consulting Software 95

CIO Business Intelligence

MARCH 16, 2022

CIO Middle East: Data Analytics is key in healthcare. The same goes for the adoption of data warehouse and business intelligence. The telecom sector prepares the data warehouse and business intelligence use cases even before they go live with their first customer. The healthcare industry is well-known for rich data collection.

Technology 111

Technology Digital Transformation Business Intelligence Data Warehouse 111

Jedox

JULY 23, 2019

You do not have to be a data scientist to recognize the impact of technology on FP&A is and will continue to be significant. Just as well as our mindset is on a journey, when it comes to understanding innovative technologies so is data. Firstly, it includes all forms of analytics which are heavily data-driven.

Technology 52

Technology Forecasting Finance Data-driven 52

Smart Data Collective

JUNE 11, 2019

Big data is everywhere , and it’s finding its way into a multitude of industries and applications. One of the most fascinating big data industries is manufacturing. In an environment of fast-paced production and competitive markets, big data helps companies rise to the top and stay efficient and relevant.

Manufacturing 93

Manufacturing Analytics Big Data Data mining 93

Smart Data Collective

APRIL 22, 2020

Big data can be a tool, a weapon or a currency. Now, amid the COVID-19 pandemic, big data has become a life-saving ally for the health care community. This moment in history is unlike any other — and the value of data in ending it resembles nothing we’ve yet seen. Here are a few ways this is possible: 1.

Big Data 111

Big Data Machine Learning Risk Interactive 111

DataRobot Blog

OCTOBER 4, 2022

The shift in consumer habits and geopolitical crises have rendered data patterns collected pre-COVID obsolete. This has prompted AI/ML model owners to retrain their legacy models using data from the post-COVID era, while adapting to continually fluctuating market trends and thinking creatively about forecasting.

Forecasting 59

Forecasting Sales Data-driven Modeling 59

Rocket-Powered Data Science

JULY 13, 2023

Data is more than just another digital asset of the modern enterprise. So, what happens when the data flows are not quarterly, or monthly, or even daily, but streaming in real-time? So, what happens when the data flows are not quarterly, or monthly, or even daily, but streaming in real-time? It is an essential asset.

Analytics 167

Analytics Machine Learning Data Science Deep Learning 167

datapine

FEBRUARY 9, 2024

An even more interesting fact: The blogs we read regularly are not only influenced by KPI management but also concerning content, style, and flow; they’re often molded by the suggestions of these goal-driven metrics. Ineffective management of KPIs means little actionable data and a terrible return on investment.

KPI 221

KPI Management Key Performance Indicator Measurement 221

datapine

SEPTEMBER 1, 2020

Today, there are online data visualization tools that make it easy and fast to build powerful market-centric research dashboards. For instance, I could easily filter the data by choosing only the female answers, or only the people aged between 25 and 34, or only the 25-34 males if that is my target audience. click to enlarge**.

Reporting 247

Reporting Marketing KPI Dashboards 247

CIO Business Intelligence

FEBRUARY 6, 2023

Executive leaders of small businesses and startups frequently lament that they lack the same access to data and insights that enterprise competitors and other more entrenched players enjoy. Most technology functions of businesses today are SaaS-driven. So, what’s stopping them? There’s no single answer to this question.

Business Intelligence 75

Business Intelligence Forecasting Marketing Sales 75

CIO Business Intelligence

AUGUST 18, 2023

Defined as quantifiable and objective behavioral and physiological data collected and measured by digital devices such as implantables, wearables, ingestibles, or portables, digital biomarkers enable pharmaceutical companies to conduct studies remotely without the need for a physical site.

Measurement 98

Measurement Data Quality Visualization Data Collection 98

Jet Global

MAY 21, 2020

This is because their budgets are not just based on historical data. Projected student enrollment, grade performance, alumni donations, and scholarships can influence the forecast for the fiscal year’s budget. To be effective, decisions must be data driven. The Changing Landscape of Budget Planning.

Finance 98

Finance KPI Forecasting Data-driven 98