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

Smart Data Collective

OCTOBER 6, 2023

In this article, we will explore the significance of managing seasonal fluctuations and the strategies businesses can implement. There are a number of huge benefits of using data analytics to identify seasonal trends. This underscores the importance of investing in predictive analytics technology to forecast sales.

Management 116

Management Analytics Predictive Analytics Cost-Benefit 116

IBM Big Data Hub

NOVEMBER 30, 2023

Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.

Strategy 63

Strategy Cost-Benefit Consulting Data-driven 63

datapine

APRIL 9, 2019

Furthermore, frequent reporting through HR analytics tools helps companies uphold their business culture, attract and retain employees, and provide them with invaluable knowledge while offering the astute ability to perform at their best potential. Exclusive Bonus Content: Learn more on monthly and annual HR reports!

Reporting 155

Reporting Dashboards Metrics Cost-Benefit 155

AWS Big Data

MARCH 26, 2024

Without C360, businesses face missed opportunities, inaccurate reports, and disjointed customer experiences, leading to customer churn. In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges.

Data Strategy 70

Data Strategy Strategy Data Warehouse Prescriptive Analytics 70

CIO Business Intelligence

JANUARY 15, 2024

For some, the increases were dramatic — 15% of respondents reported more than 15%, and a further 28% reported increases between 5% and 15%. SAP draws on AI for new predictive capabilities SAP is targeting the desire for better demand forecasting with new composable tools being announced at NRF 2024.

Sales 81

Sales Software Forecasting Statistics 81

datapine

NOVEMBER 27, 2019

In 2020, BI tools and strategies will become increasingly customized. Businesses of all sizes are no longer asking if they need increased access to business intelligence analytics but what is the best BI solution for their specific business. The trends we presented last year will continue to play out through 2020.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity. About Smarten.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

datapine

OCTOBER 21, 2020

Health professionals, just like business entrepreneurs, are capable of collecting massive amounts of data and look for the best strategies to use these numbers. Then, they could use machine learning to find the most accurate algorithms that predicted future admissions trends. What are the obstacles to its adoption?

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. This is predictive power discovery. ” “Just 26.5% ” “91.9%

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

datapine

MARCH 31, 2022

This all-encompassing branch of online data analysis is a particularly interesting field because its roots are firmly planted in two separate areas: business strategy and computer science. Problem-solving : BI isn’t just about analyzing data; it’s also about creating business strategies and solving real-world business problems with that data.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

datapine

MARCH 25, 2022

On the other hand, BA is concerned with more advanced applications such as predictive analytics and statistic modeling. By using Business Intelligence and Analytics (ABI) tools, companies can extract the full potential out of their analytical efforts and make improved decisions based on facts.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

CIO Business Intelligence

MAY 8, 2024

AI-powered data integration tools leverage advanced algorithms and predictive analytics to automate and streamline the data integration process. According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success.

Data Integration 69

Data Integration IoT Cost-Benefit Data Quality 69

Smart Data Collective

OCTOBER 16, 2023

Financial data (invoices, transactions, billing data) and internal and external documents (reports, business letters, production plans, and so on) are examples of this. For example, predictive analytics detect unlawful trading and fraudulent transactions in the banking industry. Is big data a risky business?

Big Data 101

Big Data IoT Cost-Benefit Advertising 101

Jet Global

MARCH 25, 2024

The results are in – Logi Symphony by insightsoftware has been named as a top business intelligence (BI) solution in Info-Tech’s latest Data Quadrant Report. The report names the top seven BI providers for midmarket and enterprise businesses. Managed interactive dashboards and pixel-perfect reporting. Want to learn more?

Business Intelligence 52

Business Intelligence Predictive Analytics Reporting Enterprise 52

datapine

NOVEMBER 11, 2021

b) Analytics Features. d) Reporting Features. Save time and resources: While traditional data management practices encourage the use of spreadsheets and static reports, modern BI solutions offer several features to automate the analysis process and make it more interactive and efficient. Table of Contents. Let’s get started!

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

Smart Data Collective

JULY 9, 2023

E-commerce businesses around the world are focusing more heavily on data analytics. One report found that global e-commerce brands spent over $16.7 billion on analytics last year. There are many ways that data analytics can help e-commerce companies succeed.

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

datapine

AUGUST 14, 2019

Companies surely need data scientists to help them empower their analytics processes, build a numbers-based strategy that will boost their bottom line, and ensure that enormous amounts of data are translated into actionable insights. But being an inquisitive Sherlock Holmes of data is no easy task.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

IBM Big Data Hub

JUNE 29, 2023

Integrated Business Planning (IBP) addresses these challenges by providing a comprehensive framework that integrates strategic, operational and financial planning, analysis, and reporting to drive better business outcomes. A retail company experiences a sudden surge in online sales due to a viral social media campaign.

Key Performance Indicator 77

Key Performance Indicator Forecasting Data Integration Sales 77

Jet Global

MAY 4, 2021

As SAP’s primary ERP solution evolves, customers must be mindful that making the move to S/4HANA will likely impact the way they use reporting and analytics tools. Let’s begin with an overview of the reporting tools that SAP provides for its current ERP offering. An Overview of SAP S/4HANA Reporting Tools.

Reporting 52

Reporting IT Finance Data Warehouse 52

Jet Global

APRIL 9, 2023

Now more than ever, organizational leadership is looking to the Office of the CFO to be a strategic partner in building an overall business strategy. This means finance is saddled with providing timely planning, forecasting, and reporting that informs business decisions in the moment.

Finance 52

Finance Forecasting Predictive Analytics Data-driven 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

Smarten

JUNE 21, 2018

This article provides a brief explanation of the Holt-Winters Forecasting model and its application in the business environment. What is the Holt-Winters Forecasting Algorithm? The Holt-Winters algorithm is used for forecasting and It is a time-series forecasting method. 2) Double Exponential Smoothing Use Case.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Smart Data Collective

OCTOBER 13, 2021

Agile BI and Reporting, Single Customer View, Data Services, Web and Cloud Computing Integration are scenarios where Data Virtualization offers feasible and more efficient alternatives to traditional solutions. In forecasting future events. Prescriptive analytics. Real-time information. Multi-channel publishing of data services.

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135

Smart Data Collective

MARCH 29, 2021

If your brand is trying to navigate today’s crowded and confusing analytics environment, one of the best things you can do is actively seek to reduce the amount of information you’re trying to wrangle. Instead of looking at everything, you can identify which strategies offer the most valuable insights and set the rest aside.

Marketing 123

Marketing Metrics Descriptive Analytics Predictive Analytics 123

Smart Data Collective

JANUARY 26, 2022

Usually, the legal space lacked the data to measure appropriately and report its findings. Increasingly, though, brands and businesses of all sizes expect their legal representatives to leverage and report out – data the same way as the rest of the company. What is Legal Analytics? Predictive analytics.

Data Analytics 72

Data Analytics Analytics Predictive Analytics Insurance 72

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 56

Optimization Forecasting Data-driven Strategy 56

BizAcuity

MARCH 31, 2022

AI Adoption and Data Strategy. Lack of a solid data strategy. In order to adopt AI solutions for your business, the best way forward is to first ensure that you have a strong data strategy in place. Data strategy allows you to build a roadmap to adopt AI. Worth a read if you are brainstorming on AI strategy.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

IBM Big Data Hub

MAY 17, 2024

They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions. According to a recent report from the IBM Institute for Business Value , half of CEOs are integrating generative AI into products and services.

B2B 66

B2B Interactive Optimization Forecasting 66

Smart Data Collective

SEPTEMBER 13, 2021

This type of big data is used to forecast and for making the right decisions. Investors cannot use it for long-term forecasting and strategizing. It is essential for value investors, who want to predict their future income or deploy high-frequency strategies, to capture broad, real-time data. Concentrated and Slow.

Big Data 107

Big Data Forecasting Cost-Benefit Machine Learning 107

Jedox

MARCH 7, 2023

Retailer accelerates budgeting and reporting 2. Home services organization predicts customer loyalty How Jedox achieves Superplännen Conclusion Increasing adaptability Teams around the globe have achieved Superplännen by making their planning more adaptable for evolving infrastructures and expanding data sources.

Forecasting 52

Forecasting Sales Finance Reporting 52

FineReport

MARCH 24, 2024

By conducting extensive research and analysis, they generate reports that inform strategic decisions, identify areas for enhancement, and guide the implementation of new initiatives. Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios.

Statistics 52

Statistics Data mining Visualization Reporting 52

Smart Data Collective

FEBRUARY 20, 2022

One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. If you are running a business that has not yet adapted a data strategy, you should keep reading. A report last July found that 30% of companies have a formal data strategy.

Big Data 111

Big Data Management Finance Data-driven 111

datapine

AUGUST 29, 2022

At 156 pages on Kindle, this is a book you could finish in one (long) sitting if you were so inclined, and that you can also use as an inspiration when you work on your business intelligence strategy. 6) Lean Analytics: Use Data to Build a Better Startup Faster, by Alistair Croll and Benjamin Yoskovitz.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Smart Data Collective

JULY 11, 2019

Big Data and predictive analytics can solve many of these setbacks and contribute to the development of a robust and secure trading environment. First of all, you need to have at least basic knowledge of the financial and currency markets in order to forecast trends. There are two factors that go into a successful trade.

Big Data 81

Big Data Predictive Analytics Forecasting Marketing 81

Jet Global

NOVEMBER 8, 2021

Technology analyst firm Gartner describes finance transformation as a process of “re-envisioning the finance function to align with the overall company strategy.” It won’t have the luxury of setting a single strategy and following a linear path irrespective of the world at large.”. What Exactly Is “Finance Transformation” Anyway?

Finance 52

Finance Predictive Analytics Reporting Uncertainty 52

FineReport

APRIL 9, 2024

The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance. The integration of clinical data analysis tools empowers healthcare providers to leverage predictive analytics for proactive decision-making.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52