Smart Data Collective

AUGUST 31, 2020

Predictive analytics models have proven to be remarkably effective with the stock futures market. One company that uses big data to forecast stock prices has found that its algorithms outperform similar forecasts by 26%. They build complex machine learning models that rely on numerous pieces of information.

Big Data 91

Big Data Forecasting Machine Learning Marketing 91

Jedox

JUNE 25, 2020

Forecasts are unreliable and quickly become outdated due to rapid changes and complexity of markets. For this, modern planning software together with artificial intelligence-based (AI-based) predictive analytics can provide important support by evaluating historical data to derive forecasts for further development.

Technology 94

Technology Finance Cost-Benefit Forecasting 94

Smart Data Collective

JULY 28, 2022

Fortunately, new predictive analytics algorithms can make this easier. Last summer, a report by Deloitte showed that more CFOs are using predictive analytics technology. The evidence demonstrating the effectiveness of predictive analytics for forecasting prices of these securities has been relatively mixed.

Predictive Analytics 136

Predictive Analytics Analytics Forecasting Machine Learning 136

IBM Big Data Hub

AUGUST 7, 2023

This article, part of the IBM and Pfizer’s series on the application of AI techniques to improve clinical trial performance, focuses on enrollment and real-time forecasting. However, we have observed that greater value comes from employing ensemble methods to achieve more accurate and robust predictions.

Optimization 59

Optimization Forecasting Data-driven Strategy 59

Smart Data Collective

JANUARY 26, 2022

Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? Last year, we published an article on the ways that big law and big data are intersecting. We have had time to observe some major developments of legal analytics over the last year. What is Legal Analytics?

Data Analytics 73

Data Analytics Analytics Predictive Analytics Insurance 73

Smart Data Collective

JANUARY 21, 2021

A growing number of solar energy companies are using new advances in data analytics and machine learning to increase the value of their products. A little over a year ago, Entrepreneur.com published an article on this topic titled Big Data and Solar Energy Are a Match Made in Heaven. “This is where big data comes in.

Big Data 132

Big Data Cost-Benefit Data-driven Machine Learning 132

Smart Data Collective

JUNE 7, 2019

In May 2018, Fujitsu engineers published a paper on their utilization of artificial intelligence in magnetic material design. With the new AI models in place, less proficient design experts can create magnetic designs with optimal efficiency. Predictive analytics is helping designers tackle this challenge.

Big Data 77

Big Data Cost-Benefit Predictive Analytics Manufacturing 77

Jedox

JULY 23, 2019

These are often not “out of the box” solutions and will require us to spend time learning new skills in process automation, analytics and financial modeling. AI-based machine learning and predictive analytics will start to give us more powerful crystal balls. Financial Modeling. Crystal ball.

Technology 52

Technology Forecasting Finance Data-driven 52

Smart Data Collective

JULY 2, 2019

IBM recently published a fascinating paper on the applications of big data for solar and other green energy sources. Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field. One of the greatest challenges facing modern society is turning the page on current energy models.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

Rita Sallam

JULY 22, 2016

By contrast, traditional BI platforms are designed to support modular development of IT-produced analytic content, specialized tools and skills, and significant upfront data modeling, coupled with a predefined metadata layer, is required to access their analytic capabilities. Answer: Better than every other vendor?

Analytics 40

Analytics Business Intelligence Metadata Statistics 40

BizAcuity

MARCH 31, 2022

There have been so many articles published about AI and its applications, you can find millions of articles from broad concepts to deep technical literature on the internet. Gaming companies use AI for segmenting players and predicting churn rates in order to retain them through effective campaigns. AI in Finance. AI Services.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

datapine

AUGUST 29, 2022

Due to this book being published recently, there are not any written reviews available. 7) Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die by Eric Siegel. Best for: someone who has heard a lot of buzz about predictive analytics, but doesn’t have a firm grasp on the subject.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Smart Data Collective

FEBRUARY 14, 2023

One of the biggest is that more financial institutions are using predictive analytics tools to assist with asset management. Predictive Asset Analytics, Riskalyze and Altruist are some of the tools that use predictive analytics to improve asset management for both individual and institutional investors.

Predictive Analytics 109

Predictive Analytics Management Analytics Risk 109

Smart Data Collective

OCTOBER 13, 2021

Over time, it is true that artificial intelligence and deep learning models will be help process these massive amounts of data (in fact, this is already being done in some fields). Multi-channel publishing of data services. In forecasting future events. Prescriptive analytics. Real-time information.

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135

Smarten

JANUARY 24, 2019

AutoML comes into play as business users leverage systems and solutions that are designed with Machine Learning capabilities to predict outcomes and analyze data. Take for example, the task of performing predictive analytics.

Machine Learning 40

Machine Learning Predictive Modeling Predictive Analytics Forecasting 40

Andrew White

JANUARY 11, 2021

This was for the Chief Data Officer, or head of data and analytics. Gartner also published the same piece of research for other roles, such as Application and Software Engineering. Where does the Data Architect role fits in the Operational Model ? Decision modeling (one of my favorites). Try some gamification?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

JULY 17, 2023

Predictive analytics is a branch of analytics that uses historical data, machine learning, and Artificial Intelligence (AI) to help users act preemptively. Predictive analytics answers this question: “What is most likely to happen based on my current data, and what can I do to change that outcome?”

Predictive Analytics 52

Predictive Analytics Analytics Statistics Reporting 52

Jet Global

OCTOBER 25, 2023

When AI and machine learning are utilized in embedded analytics, the results are impressive. Much of this can be seen in modern solutions that offer advanced predictive analytics. Predictive analytics refers to using historical data , machine learning, and artificial intelligence to predict what will happen in the future.

Analytics 52

Analytics Predictive Analytics Machine Learning Software 52

Jet Global

SEPTEMBER 1, 2023

In this modern, turbulent market, predictive analytics has become a key feature for analytics software customers. Predictive analytics refers to the use of historical data, machine learning, and artificial intelligence to predict what will happen in the future.

Predictive Analytics 52

Predictive Analytics Risk Analytics Software 52

Jet Global

JULY 17, 2023

In fact, most project teams spend 60 to 80 percent of total project time cleaning their data—and this goes for both BI and predictive analytics. Finally, you can use classification or regression models to predict missing values. The column to predict here is the Salary, using other columns in the dataset.

Predictive Analytics 52

Predictive Analytics Reporting Software Strategy 52

Jet Global

APRIL 24, 2024

With Logi AI, you, as an independent software vendor, can bring your own AI language model, giving you the flexibility to leverage the best technology available today and seamlessly switch to even better options as they emerge. Check out our on-demand webinar on empowering predictive analytics through embedded business intelligence.

Business Intelligence 52

Business Intelligence Dashboards Software Reporting 52

Jet Global

APRIL 18, 2024

However, the right embedded analytics technology can alleviate these valid stakeholder and customer concerns. Concerns over high infrastructure costs for self-hosting BI and analytics for your applications can stifle growth. This method circumvents the extensive costs and setup delays typical of traditional models. Here’s how.

Marketing 52

Marketing Analytics Data Processing Cost-Benefit 52

Jet Global

FEBRUARY 1, 2024

See the Future with Predictive Analytics In today’s volatile market, anticipating trends and minimizing risks is key. Embedded AI and machine learning models give your customers the foresight they need to make informed decisions, optimize resources, and gain a competitive edge.

Analytics 52

Analytics Dashboards Reporting Marketing 52

Jet Global

MAY 1, 2023

In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future. Pricing model: The pricing scale is dependent on several factors.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Jet Global

APRIL 12, 2024

If you want to empower your users to make better decisions, advanced analytics features are crucial. These include artificial intelligence (AI) for uncovering hidden patterns, predictive analytics to forecast future trends, natural language querying for intuitive exploration, and formulas for customized analysis.

Analytics 52

Analytics Data-driven Dashboards Reporting 52

Jet Global

MARCH 25, 2024

According to insightsoftware and Hanover Research’s recent Embedded Analytics Insights Report , AI and predictive analytics were rated among the most important trends of the next five years. The Impact of AI on Business Intelligence In recent years, developers have turned to AI to provide a clear vision of the future.

Business Intelligence 52

Business Intelligence Predictive Analytics Reporting Enterprise 52