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Use a Data Strategy to Make Your Startup Profitable

Smart Data Collective

Big data is no longer a luxury for businesses. In the information, there are companies with big data strategies and those that fall behind. Big data and business intelligence are essential. However, the success of a big data strategy relies on its implementation. But what even is the right idea?

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8 Steps to Leveraging Analytics to Create Successful Ecommerce Stores

Smart Data Collective

Analytics technology is taking the ecommerce industry by storm. Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are.

Analytics 116
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Data-Driven Marketing Strategies to Supercharge eCommerce Businesses

Smart Data Collective

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. E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. The e-commerce sector is projected to spend over $6.2

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The last thing most CIOs need is an AI plan

CIO Business Intelligence

Take, for example, how IT’s strategic planning process paved the way for smoothly deploying personal computers throughout the enterprise. Oh, that’s right. It was business users, with, surprisingly enough, accounting and financial analysts in the lead, who brought in PCs and electronic spreadsheets while IT looked the other way.

ROI 109
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Top eCommerce Metrics for Online Businesses to Study with Analytics

Smart Data Collective

Analytics technology is very important for online businesses. You need to pay close attention to analytics data on various KPIs to determine whether your strategy is working well and what tweaks need to be made. They miss out on tweaking their business and improving sales as a result. Audience Information. Acquisition Costs.

Metrics 130
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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

The answer can be found in the theory of economic rents, and in particular, in the kinds of rents that are collected by companies during different stages of the technology business cycle. Why is it now subject to the same kind of antitrust complaints faced by Microsoft, once the “evil empire” of the previous generation of computing?

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4 Data Analytics Tools That Will Revolutionize Marketing In 2021

Smart Data Collective

Every business needs a go-to-market strategy or the GTM strategy to reach the target customers and stay ahead of their competitors. How Can Data Play an Important Role in GTM? Big data is the key to any successful marketing strategy in the 21 st Century. GTM marketing strategies are no exception.

Marketing 107