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

JUNE 30, 2022

Modern marketing strategies rely heavily on big data. One study found that retailers that use big data have 2.7 Big data is even more important for companies that depend on social media marketing. His statement about the importance of big data in social media marketing is even more true today.

Data-driven 112

Data-driven Marketing Strategy Big Data 112

Smart Data Collective

JUNE 29, 2022

Big data technology is leading to a lot of changes in the field of marketing. A growing number of marketers are exploring the benefits of big data as they strive to improve their branding and outreach strategies. Email marketing is one of the disciplines that has been heavily touched by big data. Always Provide Value.

B2B 109

B2B Data-driven Marketing Strategy 109

Smarten

DECEMBER 26, 2022

Improve Tally ERP TCO and ROI and Make Your Business Users Happy with Integrated Analytics! Gartner predicts that, ‘overall analytics adoption will increase from 35% to 50%, driven by vertical- and domain-specific augmented analytics solutions.’ Near Real-Time Access to Transactions and Data. Web and Mobile Access.

ROI 52

ROI Analytics Key Performance Indicator Finance 52

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

CIO Business Intelligence

NOVEMBER 18, 2022

To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). In this article, I’ll explore common cloud optimization and FinOps challenges and strategies for overcoming them. This strategy aligns well with the concept of a smart cloud.

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

Smart Data Collective

DECEMBER 17, 2021

Marketing Analytics is the process of analyzing marketing data to determine the effectiveness of different marketing activities. The process of Marketing Analytics consists of data collection, data analysis, and action plan development. Types of Data Used in Marketing Analytics. Types of Data Used in Marketing Analytics.

Marketing Analytics 96

Marketing Analytics Marketing Data-driven Analytics 96

Smart Data Collective

JULY 7, 2021

It is impossible to create an effective social media marketing strategy without utilizing big data analytics effectively. You need to learn how to use big data and social analytics with your marketing strategy. This will help you get a much higher ROI from your campaigns. Use Social Analytics Data to Choose the Best Platforms.

Marketing 128

Marketing Strategy Optimization Analytics 128

Smarten

DECEMBER 20, 2022

Technology research firm, Gartner, states that, ‘80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance.’ Every business user is also a consumer of technology and every business user expects easy access to information on mobile devices.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

Smart Data Collective

JANUARY 27, 2022

Big data technology has become a very important aspect of our lives. More businesses than ever are transitioning to data-driven business models. Research has shown that companies with big data strategies are 19 times more likely to become profitable. 1 Equip Your Employees with the Right Data Analytics Tools.

Optimization 107

Optimization IT Big Data Cost-Benefit 107

Smart Data Collective

AUGUST 29, 2019

The sales profession is responding to major changes brought by big data. The big data revolution is making the sales industry more efficient and effective than ever. In 2019, Forbes contributor Louis Columbus wrote a great article on the ways that big data is changing the sales and marketing profession. Start blogging.

Sales 74

Sales Data-driven Marketing Strategy 74

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

Smart Data Collective

JANUARY 2, 2023

Data analytics technology is becoming more important for marketing than ever before. One of the many ways that marketers are leveraging data analytics is SEO. Data-driven SEO can be very beneficial for any company trying to boost organic search traffic to their product pages. Identify the Best Keywords.

Data Analytics 125

Data Analytics Analytics Data-driven Marketing 125

IBM Big Data Hub

NOVEMBER 29, 2023

In 2023, the IBM® Institute for Business Value (IBV) surveyed 2,500 global executives and found that best-in-class companies are reaping a 13% ROI from their AI projects—more than twice the average ROI of 5.9%. Non-symbolic AI can be useful for transforming unstructured data into organized, meaningful information.

Unstructured Data 92

Unstructured Data Data-driven ROI Machine Learning 92

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 111

Cost-Benefit Enterprise ROI Data Warehouse 111

Octopai

FEBRUARY 26, 2024

Revolutionizing Data Management: Octopai’s Role in Data Cleansing and Business Efficiency In the digital age, where data is ubiquitously hailed as the new oil, its management goes beyond mere cleanliness to encompass strategic asset optimization.

Metadata 52

Metadata ROI Optimization Data-driven 52

IBM Big Data Hub

JANUARY 15, 2024

“Co-create with IBM” Aligned with the original guidance from the National Financial Regulatory Administration of China on digital transformation and driven by strategic development needs, BoB-Cardif Life formulated a five-year plan. The plan aimed to address digital transformation along with a digital construction plan for 2023.

Digital Transformation 75

Digital Transformation Insurance Optimization ROI 75

Smart Data Collective

OCTOBER 15, 2021

Big data technology has been a highly valuable asset for many companies around the world. Countless companies are utilizing big data to improve many aspects of their business. Some of the best applications of data analytics and AI technology has been in the field of marketing. Data-Driven Marketing is More Important than Ever.

Big Data 140

Big Data Marketing Advertising Data-driven 140

Smart Data Collective

MAY 19, 2022

Big data has become a very important part of modern marketing practices. More companies are using data analytics and AI to optimize their marketing strategies. LinkedIn is one of the platforms that helps people use big data to facilitate online marketing. It is well known that LinkedIn is built on big data.

Data Analytics 140

Data Analytics Analytics Big Data Advertising 140

Smart Data Collective

MAY 28, 2022

Fortunately, companies can use big data to optimize their business models. for every $1 they invest in data analytics. This is a stunning ROI. One of the most important ways for brands to improve their profitability with data analytics is through conversion rate optimization.

Data Analytics 109

Data Analytics Analytics Data mining ROI 109

Smart Data Collective

MARCH 5, 2021

Data analytics has been a very important aspect of modern marketing strategies. A growing number of companies are using data analytics to reach customers through virtually every channel, including email. Email marketing is even more effective for companies that know how to use data analytics to get the most out of it.

Marketing 144

Marketing Data Analytics Analytics ROI 144

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. They need to make quick and informed decisions.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

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. At a high level, a CAIO will need to understand the business well enough to identify where AI can make an impact, whether through new value streams or optimization, Daly says.

Risk Management 130

Risk Management Risk Cost-Benefit Technology 130

datapine

APRIL 13, 2021

Agency analytics is the process of taking data and transforming it into valuable insights that are then displayed with a professional agency dashboard. Apart from using their data to support decision-making, agencies also use metrics as the main language in which they speak to their clients. Benefits Of A Modern Agency Report.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

Occam's Razor

SEPTEMBER 24, 2012

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. So to imply the ROI in Step 4 is sub-optimal. From the data presented, there is no way to tell if the Facebook campaign worked or not. Our sections are: #1: Facebook Advertising/Marketing ROI Challenge: You're Thinking Wrong. #2:

Advertising 165

Advertising ROI Metrics Marketing 165

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. Your Chance: Want to perform advanced data analysis with a few clicks? Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

datapine

JUNE 7, 2022

1) Misleading Data Visualization Examples. 3) The Impact Of Bad Data Visualizations. But while that may be the case, people are duped by data visualizations every day. Bad data visualizations come in many forms, with some more obvious than others. Your Chance: Want to create your own data visualizations for free?

Visualization 267

Visualization Metrics Statistics Dashboards 267

Smart Data Collective

APRIL 5, 2021

With individuals and their devices constantly connected to the internet, user data flow is changing how companies interact with their customers. Big data has become the lifeblood of small and large businesses alike, and it is influencing every aspect of digital innovation, including web development. What is Big Data?

Big Data 108

Big Data IT Data-driven Sales 108

3AG Systems

APRIL 3, 2023

The manufacturing sector is changing rapidly, fueled by the demand for real-time data, shop floor predictability, and data-driven decision-making. They enable manufacturers to visualize, predict, and optimize plant operations with minimized risk and increased reliability. By continuously. Read More

Manufacturing 40

Manufacturing ROI Data-driven Optimization 40

Smart Data Collective

JUNE 21, 2023

Marketing companies spent over $35 billion on AI in marketing research alone last year, but they are likely to spend as much on AI-driven SEO. Search engine optimization (or SEO) is a broad and highly complicated area and if you are a new business owner discovering it for the first time, it can feel terribly overwhelming.

Optimization 121

Optimization Marketing Strategy ROI 121

Smart Data Collective

OCTOBER 5, 2021

The utilization of analytics and big data in the marketing industry has played a massive role in this robust growth. More companies are using analytics to expand the reach of their PPC campaigns and improve their ROI. Is an Analytics-Driven PPC Strategy the Best Approach for Lead Generation? billion by 2025.

Analytics 121

Analytics Marketing ROI Testing 121

Smart Data Collective

FEBRUARY 21, 2021

Data analytics is very important to the future of marketing. A growing number of marketers are using data analytics technology to optimize their lead generation models. One of the most important benefits of using data analytics is that it can improve AI algorithms. Combining Data Analytics with Your Lead Generation Model.

Strategy 99

Strategy Data Analytics Analytics Data-driven 99

Smart Data Collective

APRIL 21, 2022

We have pointed out in the past that big data offers a number of benefits for online commerce. One of the most important benefits of data analytics pertains to optimizing websites for a good user experience. User experience optimization (UX) is becoming more important than ever. Leverage Machine Learning Technology.

Data Analytics 118

Data Analytics Analytics Big Data Machine Learning 118

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. AI can reduce costs and minimize supply chain challenges by driving more informed choices across all aspects of supply chain management. Application of AI in Supply Chain.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

Jet Global

FEBRUARY 18, 2020

Gary Melling is the President and CEO of Acquired Insights, a firm that designs customized AI applications and tech-driven strategic initiatives. We hear about companies becoming “data-driven.” What’s distinct about working with digital data compared to the insights of the past? Healthcare is another example.

Data-driven 64

Data-driven Machine Learning Cost-Benefit ROI 64

CIO Business Intelligence

DECEMBER 29, 2023

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” But in 2024, CIOs will shift their focus toward responsible deployment, says Barry Shurkey, CIO at NTT Data, a digital business and IT consulting and services firm. Snow Software’s CIO Al Pooley agrees.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

datapine

JANUARY 28, 2020

The ability to monitor, visualize, and analyze relevant data gives today’s businesses, across a host of sectors, the power to understand their prospects, make informed decisions, increase efficiencies, and work towards a set of rewarding long term goals. The Value Of Different Dashboard Ideas & Designs.

Dashboards 199

Dashboards KPI Cost-Benefit Metrics 199