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. One report found that global e-commerce brands spent over $16.7 Some of the most important is conversion rates.

Optimization 71

Optimization Data Analytics Analytics Data-driven 71

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. AI-Powered Big Data Technology. Predictive Business Analytics.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

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 100

Big Data IoT Cost-Benefit Advertising 100

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. Maintenance.

Big Data 142

Big Data Management Predictive Analytics Statistics 142

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 103

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 103

CIO Business Intelligence

OCTOBER 4, 2022

From delightful consumer experiences to attacking fuel costs and carbon emissions in the global supply chain, real-time data and machine learning (ML) work together to power apps that change industries. Data architecture coherence. Putting data in the hands of the people that need it.

Machine Learning 118

Machine Learning Data Architecture Uncertainty Data-driven 118

Cloudera

APRIL 9, 2021

This blog series follows the manufacturing and operations data lifecycle stages of an electric car manufacturer – typically experienced in large, data-driven manufacturing companies. The first blog introduced a mock vehicle manufacturing company, The Electric Car Company (ECC) and focused on Data Collection.

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

CIO Business Intelligence

SEPTEMBER 19, 2023

Airbnb is one company using AI to optimize pricing on AWS, utilizing AI to manage capacity, to build custom cost and usage data tools, and to optimize storage and computing capacity. For other companies, AI use in customer service has also been driven by consumer’s increased expectations.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

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 106

Enterprise Interactive Data-driven Key Performance Indicator 106

CIO Business Intelligence

JULY 5, 2022

When Marcus Ericsson, driving for Chip Ganassi Racing, won the Indianapolis 500 in May, it was in a car equipped with more than 140 sensors streaming data and predictive analytic insights, not only to the racing team but to fans at the Brickyard and around the world. That’s where the data and analytics come in.

Recreation/Entertainment 98

Recreation/Entertainment Predictive Analytics Digital Transformation Data-driven 98

CIO Business Intelligence

JULY 1, 2022

When Marcus Ericsson, driving for Chip Ganassi Racing, won the Indianapolis 500 in May, it was in a car equipped with more than 140 sensors streaming data and predictive analytic insights, not only to the racing team but to fans at the Brickyard and around the world. That’s where the data and analytics come in.

Recreation/Entertainment 98

Recreation/Entertainment Predictive Analytics Digital Transformation Data-driven 98

CIO Business Intelligence

MARCH 23, 2022

In fact, the days of task-driven technology have vanished, replaced by technology as a vehicle for business growth. While enterprise transformation is driven by customer and business needs, technology can be the catalyst for large transformational change.

Technology 98

Technology IoT Internet of Things Data-driven 98

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. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Smart Data Collective

AUGUST 2, 2022

This figure is expected to grow as more companies recognize the potential and decide to increase the resources they dedicate to machine learning and predictive analytics tools. Vehicle data processing allows to increase industry standards and design better solutions for maximum benefits.

Software 124

Software Machine Learning B2B Manufacturing 124

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. Few verticals have undergone as massive a change as retail in the last couple of years.

Technology 75

Technology Forecasting Advertising Machine Learning 75

datapine

JANUARY 6, 2022

1) What Is Data Interpretation? 2) How To Interpret Data? 3) Why Data Interpretation Is Important? 4) Data Analysis & Interpretation Problems. 5) Data Interpretation Techniques & Methods. 6) The Use of Dashboards For Data Interpretation. Business dashboards are the digital age tools for big data.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

IBM Big Data Hub

SEPTEMBER 26, 2022

Health inequities in the US came into sharp relief during the COVID-19 pandemic: Analyses of federal, state and local healthcare data show that people of color experienced a disproportionate burden of cases and deaths. Learn how you can take advantage of your data so users make faster, better decisions using the right architecture.

B2B 52

B2B Visualization Data-driven Cost-Benefit 52

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

AUGUST 26, 2021

Instead, you’ve got access to a broad spectrum of valuable weather data right at your fingertips. As long as a user is connected to the internet, they can check the current weather, as well as 7-day or 14-day predictions using their smartphone or computer. These data-driven predictions also tend to be surprisingly accurate.

Forecasting 130

Forecasting Data Analytics Analytics IoT 130

Rocket-Powered Data Science

JULY 7, 2019

AGI (Artificial General Intelligence): AI (Artificial Intelligence): Application of Machine Learning algorithms to robotics and machines (including bots), focused on taking actions based on sensory inputs (data). Analytics: The products of Machine Learning and Data Science (such as predictive analytics, health analytics, cyber analytics).

Internet of Things 157

Internet of Things Machine Learning Manufacturing IoT 157

IBM Big Data Hub

SEPTEMBER 6, 2023

From customized content creation to task automation and data analysis, AI has seemingly endless applications when it comes to marketing, but also some potential risks. More accurate measurement of KPIs: Digital campaigns generate more data than humans can keep up with, which can make measuring the success of marketing initiatives difficult.

Marketing 86

Marketing Technology Advertising ROI 86

IBM Big Data Hub

AUGUST 7, 2023

Failure to share data and results from randomized clinical trials means a missed opportunity to contribute to systematic reviews and meta-analyses as well as a lack of lesson-sharing with the biopharma community. AI can also empower trial managers and executives with the data to make strategic decisions.

Optimization 60

Optimization Forecasting Data-driven Strategy 60

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 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

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. AI-based machine learning and predictive analytics will start to give us more powerful crystal balls. Firstly, it includes all forms of analytics which are heavily data-driven.

Technology 52

Technology Forecasting Finance Data-driven 52

Smart Data Collective

JULY 9, 2019

Companies have been able to perform more in-depth customer analysis—above and beyond social media commentary and feedback surveys—with the development and proliferation of analytics. Considering this, the following five customer-data-driven methods can assist your business in boosting experience quality for your customers.

Big Data 110

Big Data Optimization Interactive Sales 110

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. Predicting Community and Individual Risk of Infection.

Big Data 109

Big Data Machine Learning Risk Interactive 109

Sisense

JUNE 9, 2021

Here at Sisense, we’re particularly excited because the tournament is more than just a festival of skill and athleticism; it’s a clash of analytics insights. In the modern game, analytics is an essential part of a winning formula that has revolutionized football teams and the way they play. We can’t wait!

Analytics 98

Analytics Data-driven Internet of Things Measurement 98

IBM Big Data Hub

JUNE 14, 2023

Evolving technologies and an increasingly globalized and digitalized marketplace have driven manufacturers to adopt smart manufacturing technologies to maintain competitiveness and profitability. These features use data from multiple machines simultaneously, automate processes and provide manufacturers more sophisticated analyses.

Manufacturing 78

Manufacturing Technology Internet of Things Cost-Benefit 78

datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. The rate at which data is generated has increased exponentially in recent years. Essential Big Data And Data Analytics Insights. million searches per day and 1.2

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Domino Data Lab

JULY 22, 2019

Paco Nathan presented, “Data Science, Past & Future” , at Rev. At Rev’s “ Data Science, Past & Future” , Paco Nathan covered contextual insight into some common impactful themes over the decades that also provided a “lens” help data scientists, researchers, and leaders consider the future.

Data Science 109

Data Science Machine Learning Data Governance Modeling 109

Jet Global

MAY 21, 2020

This is because their budgets are not just based on historical data. To be effective, decisions must be data driven. You need to infer from historical data across multiple departments to make accurate projections for the next year and confidently approve additional headcount, projects , or initiatives.

Finance 98

Finance KPI Forecasting Data-driven 98

Cloudera

DECEMBER 14, 2020

One trend that we’ve seen this year, is that enterprises are leveraging streaming data as a way to traverse through unplanned disruptions, as a way to make the best business decisions for their stakeholders. . Today, a new modern data platform is here to transform how businesses take advantage of real-time analytics.

Big Data 68

Big Data Data-driven Data Collection Enterprise 68

AWS Big Data

MARCH 26, 2024

This view is used to identify patterns and trends in customer behavior, which can inform data-driven decisions to improve business outcomes. In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges.

Data Strategy 68

Data Strategy Strategy Data Warehouse Prescriptive Analytics 68

datapine

NOVEMBER 19, 2019

No matter if you need to conduct quick online data analysis or gather enormous volumes of data, this technology will make a significant impact in the future. An exemplary application of this trend would be Artificial Neural Networks (ANN) – the predictive analytics method of analyzing data.

Technology 279

Technology Internet of Things IT IoT 279

FineReport

JULY 18, 2022

In an era full of data, data analysis allows us to discover the most useful information and make more scientific decisions for business operations. Data analysis tools are widely used by data analysts as well as non-professional business people to achieve better performance and higher efficiency. FineRepor t.

Forecasting 52

Forecasting Dashboards Visualization Statistics 52

datapine

JANUARY 31, 2022

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. The main use of business intelligence is to help business units, managers, top executives, and other operational workers make better-informed decisions backed up with accurate data.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Smart Data Collective

OCTOBER 25, 2023

More companies are turning to data analytics technology to improve efficiency, meet new milestones and gain a competitive edge in an increasingly globalized economy. One of the many ways that data analytics is shaping the business world has been with advances in business intelligence. In a fast-paced, data-rich world.

Key Performance Indicator 93

Key Performance Indicator Business Intelligence Data-driven Metrics 93