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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Predictive analytics technology can help companies forecast demand One of the biggest challenges businesses face in any economy is predicting demand for their products or services.

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Managing Seasonal Fluctuations in Retail with Analytics

Smart Data Collective

Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. There are a number of huge benefits of using data analytics to identify seasonal trends.

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Highlights from the Strata Data Conference in San Francisco 2019

O'Reilly on Data

Elizabeth Svoboda explains how biosensors and predictive analytics are being applied by political campaigns and what they mean for the future of free and fair elections. Forecasting uncertainty at Airbnb. Theresa Johnson outlines the AI powering Airbnb’s metrics forecasting platform.

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Boost Data Literacy to Overcome Skills Shortages

Jet Global

This means finance is saddled with providing timely planning, forecasting, and reporting that informs business decisions in the moment. Predictive Finally, predictive data analysis and forecasting is the capstone to true data fluency, representing true synergy of people, data, and tools.

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Predictive Analytics Improves Trading Decisions as Euro Rebounds

Smart Data Collective

Predictive analytics technology has become essential for traders looking to find the best investing opportunities. Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. in 2022 and 1.5%

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

A DSS supports the management, operations, and planning levels of an organization in making better decisions by assessing the significance of uncertainties and the tradeoffs involved in making one decision over another. Forecasting models. These models are used for “what-if” analysis. Optimization analysis models. TIBCO Spotfire.

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How Skullcandy Uses Predictive and Sentiment Analysis to Understand Customers

Sisense

We knew our journey with predictive analytics and sentiment analysis was going to be a gradual progression that would eventually help us understand and better serve our customers. Then we ran Kraken’s machine learning and predictive modeling engine to get the results. Full circle data experience: achieved. Lessons Learned.