Smart Data Collective

OCTOBER 19, 2023

Many businesses use big data technology to bolster efficiency. of companies say that they use data analytics in some capacity. While only 24% call themselves data-driven, the figure is growing significantly. Big data is changing the business models of many organizations.

Consulting 106

Consulting Data-driven IT Digital Transformation 106

CIO Business Intelligence

FEBRUARY 28, 2024

Over 75% are thriving and believe their tuition paid is a worthwhile investment, proving a clear link between student satisfaction in higher learning and technology. A McKinsey report found that students and faculty are eager to continue using new learning technologies, but institutions could do more to support the shift.

Technology 105

Technology Machine Learning Digital Transformation Data-driven 105

Smart Data Collective

JANUARY 11, 2023

Many businesses are taking advantage of big data to improve their marketing and financial management practices. billion on big data marketing in 2020 and this figure is likely to grow further in the years to come. Some of the case studies on the benefits of data-driven marketing are quite promising.

Data-driven 100

Data-driven Marketing Advertising Big Data 100

Smart Data Collective

FEBRUARY 22, 2022

Big data has been changing the state of business for years. More companies than ever are shifting towards digital business models. They are finding new ways to leverage data analytics and AI technology to maximize their ROI. Fortunately, new e-commerce companies are in a good position to benefit from data.

Data-driven 130

Data-driven Metrics Sales Big Data 130

Dataiku

MARCH 26, 2024

In today's data-driven landscape, businesses are increasingly relying on AI and machine learning (ML) to gain insights, make predictions, and automate processes. to understand the nuances behind model optimization, particularly the concept of fine-tuning.

Modeling 75

Modeling Machine Learning Data-driven Optimization 75

Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. New advances in data technology have been especially beneficial for marketing.

Data-driven 136

Data-driven Marketing Strategy Big Data 136

Smart Data Collective

JULY 20, 2022

Data-driven decision-making has become a major element of modern business. A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Furthermore, only 13% of companies are actually delivering on their data strategy.

Data-driven 125

Data-driven Optimization Big Data Data Strategy 125

Juice Analytics

FEBRUARY 10, 2020

Of these pillars, perhaps the most foundational and critical is the data culture. Research suggests that many organizations struggle to create this data culture and a healthy data culture is tied to overall performance. What does the data say? Modeling behavior. Where to next? Actions speak louder than words.

Data-driven 135

Data-driven Metrics Dashboards Data Science 135

datapine

SEPTEMBER 29, 2022

1) What Is Data Quality Management? 4) Data Quality Best Practices. 5) How Do You Measure Data Quality? 6) Data Quality Metrics Examples. 7) Data Quality Control: Use Case. 8) The Consequences Of Bad Data Quality. 9) 3 Sources Of Low-Quality Data. 10) Data Quality Solutions: Key Attributes.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Smart Data Collective

JUNE 27, 2022

Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Keep reading to learn how to do this.

Data-driven 109

Data-driven Management IT Big Data 109

CIO Business Intelligence

OCTOBER 5, 2023

The advent of new technologies has accelerated the rate of innovation and disrupted the business landscape as we know it. As the pace of innovation speeds up, tomorrow’s front runners are those who readily embrace disruptive technologies to spearhead new business models and capture new avenues of growth.

Technology 115

Technology Digital Transformation Data-driven Modeling 115

AWS Big Data

MAY 4, 2023

This post is a guest post co-written with SeonJeong Lee, JaeRyun Yim, and HyeonSeok Yang from Encored Technologies. Encored Technologies (Encored) is an energy IT company in Korea that helps their customers generate higher revenue and reduce operational costs in renewable energy industries by providing various AI-based solutions.

Data-driven 52

Data-driven Technology Cost-Benefit Machine Learning 52

Smart Data Collective

JULY 28, 2021

This is largely due to the benefits of using data analytics to improve automation in merchandise distribution. As a retailer or manufacturer selling via e-commerce platforms, you already know the importance of using big data to improve automation. This wouldn’t be possible without massive advances in big data technology.

Data-driven 134

Data-driven Big Data Manufacturing ROI 134

Smart Data Collective

AUGUST 17, 2021

Big data has been a very important part of modern human resource solutions. One of the biggest implications of big data in human resources has pertained to enterprise workflow management. Data analytics technology can help bolster efficiency in all of these regards. Using Data Analytics to Improve Workflow Management.

Data-driven 121

Data-driven Optimization Enterprise Cost-Benefit 121

TDAN

AUGUST 3, 2021

Through big data modeling, data-driven organizations can better understand and manage the complexities of big data, improve business intelligence (BI), and enable organizations to benefit from actionable insight. Big […].

Business Intelligence 143

Business Intelligence Big Data Modeling Data-driven 143

Ontotext

MARCH 20, 2024

In today’s data-driven world, businesses are drowning in a sea of information. Traditional data integration methods struggle to bridge these gaps, hampered by high costs, data quality concerns, and inconsistencies. Unleashing the Power of Data Connections Zenia Graph isn’t just another data solution company.

Data-driven 52

Data-driven Strategy Sales Data Integration 52

CIO Business Intelligence

JANUARY 18, 2024

Dubai Electricity and Water Authority (DEWA) utilises innovation and disruptive technologies in detecting leaks in the water transmission underground pipelines. DEWA’s Smart Ball technology detects leaks that are usually difficult to detect using traditional techniques. This helped DEWA save 243 million gallons of water and AED 9.66

Technology 98

Technology Internet of Things IoT Digital Transformation 98

Smart Data Collective

AUGUST 22, 2021

Data analytics has been very important for the FDA. They have used big data in many of their regulatory approaches. Big data has been instrumental in the software development process. The FDA has used data analytics technology to streamline their process and drastically reduce the risk of missing anything pertinent.

Data-driven 130

Data-driven Software Manufacturing Big Data 130

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Data team morale is consistent with DataKitchen’s own research. We surveyed 600 data engineers , including 100 managers, to understand how they are faring and feeling about the work that they are doing.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

Cloudera

JUNE 13, 2023

Data and analytics are the essential engines in this strategy which entails upgrading the bank’s core banking technology to deliver reliable, efficient, and secure services for their customers while safeguarding critical data.

Data-driven 76

Data-driven Analytics Insurance Digital Transformation 76

Cloudera

FEBRUARY 23, 2022

In addition to that, the march of network virtualisation combined with the cloudification of IT have driven further changes in operations. While there remains a lot of work to do, it’s certainly the case that telecommunications businesses are more reliant on technology than ever before. Are we looking at a transformed business?

Data-driven 90

Data-driven Advertising IoT Digital Transformation 90

Smart Data Collective

APRIL 24, 2023

Big data has led to some huge changes in the way we live. John Deighton is a leading expert on big data technology. His research focuses on the importance of data in the online world. Innovations in the early 20th century changed how data could be used. Deighton studies how this evolution came to be.

Data-driven 97

Data-driven Software Big Data Data Governance 97

CIO Business Intelligence

FEBRUARY 27, 2024

Does your organization see technology infrastructure as a commodity or as a strategic business enabler? The answer will shape your approach to infrastructure: you can keep legacy infrastructure going as long as you can, or you can pursue the cutting edge of technology. Legacy technology also affects sustainability.

Technology 98

Technology Management Manufacturing Cost-Benefit 98

CIO Business Intelligence

JANUARY 18, 2024

Recognizing this need, we have created a cutting-edge VSM maturity model. Drawing upon our extensive experience facilitating successful VSM initiatives within large-scale enterprises, this model serves as a compass, offering insights into their current VSM maturity and providing practical direction to advance and reap the additional benefits.

Digital Transformation 102

Digital Transformation Modeling Management Data-driven 102

Smart Data Collective

OCTOBER 7, 2023

AI technology has had a huge impact on our everyday lives. In an age dominated by AI technology, the ways in which we interact with the world around us are continuously evolving. A number of tools openly advertise the fact that they use AI technology to help with people tracing.

Technology 94

Technology Snapshot Data-driven Machine Learning 94

Analytics Vidhya

APRIL 28, 2023

Introduction Welcome to the revolutionary DataHour sessions, where you can elevate your understanding of data-driven technologies, including Data Science, to the next level. Bid farewell to tedious sessions which put you to sleep as we introduce a refreshing approach to learning.

Machine Learning 248

Machine Learning Data-driven Data Science Modeling 248

CIO Business Intelligence

AUGUST 30, 2022

But although their role has evolved, the technology which helps them is still playing catch-up, with the lack of reliable analytics and data one of the biggest hurdles to progress. A changing role and the need for data. This level of data collection and insight requires the right technology.

Data-driven 78

Data-driven Finance Digital Transformation Operational Reporting 78

Smart Data Collective

JUNE 15, 2021

Data-driven organizations are looking for new ways to use data technology to improve their operations. Big data can play a very important role in solving these challenges. Pre-employment screening with data mining tools increases the quality of candidates. One bad hire can cost a company quite a lot.

Data-driven 130

Data-driven Data mining Cost-Benefit Big Data 130

Analytics Vidhya

NOVEMBER 2, 2023

GPT-4, an advanced language model, stands as the cornerstone of this technological evolution. In the age of AI-driven decision-making, understanding the contrasting realms of data and decision pipelines is fundamental. Introduction Artificial intelligence has evolved beyond expectations with LLMs like ChatGPT.

Data-driven 165

Data-driven Modeling Technology Analytics 165

Smart Data Collective

SEPTEMBER 1, 2021

As we have stated before, big data is becoming vital to modern marketing strategies. However, it is becoming abundantly clear that big data technology is also rapidly transforming many traditional marketing practices as well. Doing Research Before Investing in Data-Driven Digital Signage Solutions.

Data-driven 110

Data-driven Advertising Big Data Cost-Benefit 110

IBM Big Data Hub

OCTOBER 17, 2023

They use high temperature heat in many of their processes that is primarily driven by fossil fuel. Artificial Intelligence technology can predict future variability in the processes and the resultant impact on yield, quality and energy consumption. Today, foundation models are used mostly in natural language processing.

Modeling 106

Modeling Optimization Manufacturing Forecasting 106

O'Reilly on Data

APRIL 30, 2024

Others retort that large language models (LLMs) have already reached the peak of their powers. It’s difficult to argue with David Collingridge’s influential thesis that attempting to predict the risks posed by new technologies is a fool’s errand. We ought to heed Collingridge’s warning that technology evolves in uncertain ways.

Risk 221

Risk Advertising Cost-Benefit Sales 221

Smart Data Collective

JULY 4, 2023

Last year, the World Meteorological Association reported that AI technology is playing an increasingly more important role in disaster management. Fortunately, AI technology can help mitigate some of these issues. Fortunately, AI technology can help mitigate some of these issues. What is AI-driven disaster restoration software?

Technology 74

Technology Software Data-driven Measurement 74

CIO Business Intelligence

MARCH 6, 2024

Many of our customers had already started to move their applications and it made sense they would want to transition to data management in the cloud as well. The investment thesis was we could dramatically change the value of the company by becoming a true cloud and subscription-driven company. Today, we’re a $1.6

Modeling 107

Modeling Management IT Metrics 107

Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Global companies spent over $92.5

Data-driven 104

Data-driven Cost-Benefit Data mining Big Data 104