Smart Data Collective

JULY 26, 2023

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without.

Data-driven 74

Data-driven Management Sales Big Data 74

Smart Data Collective

OCTOBER 15, 2021

We have talked about the benefits of using big data in web design. One of the most important benefits of data analytics is improving user experience. Jenny Booth highlighted this in her post Data-informed design: Getting started with UX analytics. Big Data is Crucial for Improving Online User Experience.

Data-driven 126

Data-driven Advertising Big Data Optimization 126

Smart Data Collective

JULY 4, 2022

Big data has led to some major changes in the field of education. You should pay close attention to developments in big data in academia. How is Big Data Affecting the State of Education? Big data has been especially influential in the field of education. Keep reading to learn more.

Data-driven 128

Data-driven Big Data Interactive Recreation/Entertainment 128

Smart Data Collective

NOVEMBER 1, 2021

Big data technology has become a very important aspect of modern retail. Countless retailers are finding ways to leverage big data to gain a greater competitive edge, market more effectively to customers and improve the in-store experience. QR codes give businesses access to major troves of information.

Data-driven 116

Data-driven Advertising Big Data Marketing 116

IBM Big Data Hub

JULY 25, 2023

The system is largely passive, with little real-time information about usage and demand. A smart grid is a digital electricity network that supplies power to consumers using interactive two-way communication, enabling automated, advanced energy delivery and a litany of opportunities for consumers to control their electricity use and costs.

Optimization 61

Optimization Technology Measurement Cost-Benefit 61

IBM Big Data Hub

FEBRUARY 23, 2024

The emergence of NLG has dramatically improved the quality of automated customer service tools, making interactions more pleasant for users, and reducing reliance on human agents for routine inquiries. DL models can improve over time through further training and exposure to more data.

Enterprise 103

Enterprise Interactive Data-driven Key Performance Indicator 103

Rocket-Powered Data Science

AUGUST 22, 2021

The goals of such activities are to improve customer service, customer interactions, customer engagement, and customer experience (CX) through just-in-time customer assistance, personalization, and loyalty-building activities. CX has become increasingly data-informed and data-driven, with VoC data being one of the key data sources.

Data-driven 277

Data-driven Interactive Behavioral Analytics Machine Learning 277

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

DataKitchen

FEBRUARY 27, 2024

Your LLM Needs a Data Journey: A Comprehensive Guide for Data Engineers The rise of Large Language Models (LLMs) such as GPT-4 marks a transformative era in artificial intelligence, heralding new possibilities and challenges in equal measure. Embedding: The retrieved data is encoded into embeddings that the LLM can interpret.

Data Quality 120

Data Quality Unstructured Data Testing Modeling 120

Smart Data Collective

OCTOBER 2, 2019

According to a recent Adobe report , marketers have identified data-driven marketing as the most important business opportunity for 2019. That clearly indicates the importance that marketers give to data and why you should too. If your marketing initiatives are backed by data, they will have much higher success rates.

Data-driven 89

Data-driven Marketing Testing Optimization 89

Smart Data Collective

SEPTEMBER 13, 2023

Welcome to 2023, the age where screens are more than mere displays; they’re interactive communication portals, awash with data and always hungry for more. The Intersection of Display and Data Let’s first establish what we’re talking about when we mention digital signage. It’s All About the Data, Baby!

Big Data 114

Big Data Analytics Interactive Advertising 114

CIO Business Intelligence

JANUARY 22, 2024

AI-driven technology is not just a side project anymore. According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction.

Cost-Benefit 103

Cost-Benefit Digital Transformation Data-driven Interactive 103

Smart Data Collective

JANUARY 6, 2021

Big data is central to financial management. The market for financial data analytics is expected to reach $10 billion by 2025. One of the biggest uses of big data in finance relates to accounts receivable management. Fortunately, new advances in data technology have made accounts receivable management easier than ever.

Data-driven 96

Data-driven Management Big Data Predictive Analytics 96

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. Throughout this discussion, the group offered insights into the risk model impact: Model Robustness – it’s important to extract information that is available from the models by adjusting the assessment of the output of the models.

Risk 100

Risk Optimization Management Insurance 100

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

CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions.

Data mining 132

Data mining Data-driven Statistics OLAP 132

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

Smart Data Collective

JUNE 17, 2021

Big data is becoming very important for companies all over the world. They need to make sure that they utilize their data wisely, because it is one of the most important assets at their disposal. There are a lot of things that companies need to take into consideration when managing their data.

Data Processing 90

Data Processing Data-driven Big Data Advertising 90

datapine

APRIL 13, 2021

The answer is modern agency analytics reports and interactive dashboards. Explore our 14 days free trial & benefit from interactive agency reports! Agency analytics is the process of taking data and transforming it into valuable insights that are then displayed with a professional agency dashboard. What Are Agency Analytics?

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

Smart Data Collective

JULY 9, 2019

Drawing on a mix of complex data sets from a wide variety of sources, companies have been able to earn higher sales numbers and improved customer service based on a clearer perspective of customer behavior. Previously, companies relied heavily on observation and direct engagement to collect data on customer interactions.

Big Data 111

Big Data Optimization Interactive Sales 111

datapine

JUNE 5, 2019

“It is a capital mistake to theorize before one has data.”– Data is all around us. That’s an unfathomable amount of information. Data has changed our lives in many ways, helping to improve the processes, initiatives, and innovations of organizations across sectors through the power of insight. What Is A Data Dashboard?

Dashboards 316

Dashboards KPI Sales Visualization 316

datapine

JULY 8, 2020

Moreover, companies are becoming more data-driven, complex, and require stable performance in order to succeed in our cutthroat digital age. Similarly to C-level financial officers that use a CFO dashboard to monitor financial information, COOs need a solution for operational touchpoints that make a business tick.

Dashboards 202

Dashboards Reporting Metrics Visualization 202

CIO Business Intelligence

OCTOBER 16, 2023

It’s already optimizing employee experiences and business workflows, including software development. AI-driven tools can assist in overcoming these creative roadblocks by suggesting code patterns, offering auto-completion suggestions and even generating sections of code.

Software 126

Software Data-driven Modeling Machine Learning 126

Cloudera

OCTOBER 24, 2023

But to truly drive transformation telcos must ensure AI models are driven by accurate, high-quality, trusted data, and determine how to manage and govern massive volume at scale. Second , trusted data forms the bedrock of trusted AI, as AI models are only as good as the quality of their underlying data platform.

Interactive 81

Interactive Data-driven Cost-Benefit Optimization 81

IBM Big Data Hub

NOVEMBER 6, 2023

Enterprises should create personalized experiences for SMBs based on qualitative and quantitative data As SMBs become more cautious about their spending, the enterprises that serve them must drive value through increased personalization. However, this isolated qualitative customer information is not enough to serve a client’s needs.

Cost-Benefit 109

Cost-Benefit Enterprise ROI Data Warehouse 109

IBM Big Data Hub

APRIL 25, 2024

Product-embedded or online support tools, such as virtual assistants, can drive more informed and efficient support interactions with client self-service. About 85% of execs say generative AI will be interacting directly with customers in the next two years. It helps agents save time by getting to the desired information faster.

IT 74

IT Interactive Snapshot Enterprise 74

Smart Data Collective

APRIL 20, 2023

There are many ways businesses are using big data to make better decisions and operate more efficiently Organizations can use big data to optimize expenses and reduce costs. A modern data infrastructure can help get more value from data by accelerating decision making, simplifying operations, and powering analytics.

Internet of Things 133

Internet of Things Cost-Benefit Big Data Data-driven 133

IBM Big Data Hub

FEBRUARY 13, 2024

The compact design and touch-based interactivity seemed like a leap into the future. For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Automate tedious, repetitive tasks.

Enterprise 125

Enterprise Modeling Testing Data-driven 125

IBM Big Data Hub

FEBRUARY 8, 2022

To effectively manage the program, we need to work with the parents, through hundreds of interactions, for hundreds of kids,” said Executive Director Jerry Yang, Ph.D., So, we needed a good data system to track all these things.” Communication and information exchange is essential for each child’s success.

Data-driven 56

Data-driven Analytics Reporting Dashboards 56

IBM Big Data Hub

JULY 10, 2023

Gather preliminary data To conduct a vibration analysis, start by gathering data about the equipment and/or structure you will analyze. It is also important to gather information about the operating conditions of the equipment, such as speed, load and temperature. Technicians can extract and assess data (e.g.,

Optimization 60

Optimization IT Measurement Cost-Benefit 60

AWS Big Data

MAY 2, 2024

In today’s data-driven landscape, the efficiency and accessibility of querying tools play a crucial role in driving businesses forward. This innovation not only unlocks new possibilities, but also tackles long-standing challenges in data analytics and query handling.

Visualization 88

Visualization Data Warehouse Data-driven Management 88

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

O'Reilly on Data

MARCH 23, 2021

For every piece of information X somewhere, you can likely find “not X” elsewhere. The rise of the Internet, Search, social media, apps, and platforms has resulted in an information landscape that bypasses the centralized knowledge/reality-generation machine of broadcast media. The InfoLandscapes. “Cyberspace.

Internet Publishing and Broadcasting 317

Internet Publishing and Broadcasting Broadcasting Data-driven Interactive 317

IBM Big Data Hub

NOVEMBER 29, 2023

AI and event processing: a two-way street An event-driven architecture is essential for accelerating the speed of business. With it, organizations can help business and IT teams acquire the ability to access, interpret and act on real-time information about unique situations arising across the entire organization.

Unstructured Data 90

Unstructured Data Data-driven ROI Machine Learning 90

IBM Big Data Hub

APRIL 15, 2024

The industry must continually optimize process, improve efficiency, and improve overall equipment effectiveness. Or we create a data lake, which quickly degenerates to a data swamp. Coupled with search and multi-modal interaction, gen AI makes a great assistant. The manufacturing industry is in an unenviable position.

Manufacturing 100

Manufacturing Contextual Data Knowledge Discovery Data Lake 100

Smart Data Collective

MAY 2, 2019

Large companies around the world are investing in big data. Big data has been especially important for optimizing their marketing campaigns. Local marketing agencies have discovered that SEO is more dependent on big data than ever. They are developing more data driven solutions to offer better search marketing strategies.

Big Data 111

Big Data Optimization Modeling Deep Learning 111

AWS Big Data

JUNE 27, 2023

We wanted to include interactive, real-time visualizations to support recruiters from one of our government clients. We chose Amazon QuickSight because it gave us dynamic and interactive dashboards embedded in our application, while saving us money and development time. This makes protecting customer data even more important.

Metrics 96

Metrics Dashboards Interactive Visualization 96