Smart Data Collective

SEPTEMBER 10, 2022

Big data technology has helped many companies improve efficiency and address some of the top challenges they have encountered in recent years. As a result, the market for AI technology is projected to be worth over $420 billion by 2028. How do you know when you should rely on AI technology more than your natural creativity?

Marketing 125

Marketing Technology Advertising Optimization 125

Smart Data Collective

JUNE 3, 2022

Artificial intelligence technology is profoundly changing the trajectory of the design profession. AI technology is a breaking technology that is forever changing the design field. To begin with, Product Designers and UX Designers both play crucial roles in how technology or products are used on a daily basis.

Optimization 98

Optimization Cost-Benefit Testing Data-driven 98

Smart Data Collective

JANUARY 30, 2023

AI technology has significantly disrupted the world of business. The good news is that AI technology can help significantly improve the performance of your website. You will get even more bang for your buck if it has been optimized with machine learning technology. Yes, they’re no longer a hype. billion this year.

Technology 85

Technology Optimization Machine Learning Marketing 85

CIO Business Intelligence

JULY 20, 2023

To offer customers a shopping experience that is accessible, seamless, and engaging, retail IT leaders must devise revenue-focused strategies that, harness cutting-edge technology to address present and future needs of the business. Frictionless retail These days customer experience is king.

Technology 75

Technology Forecasting Advertising Machine Learning 75

Smart Data Collective

JULY 27, 2021

We have talked in depth about the massive benefits of cloud technology for small businesses. There are a number of compelling reasons that businesses need to turn to cloud technology to develop a strong edge against the competition. This explains why the cloud technology market will grow by $287 billion over the next four years.

Technology 125

Technology Data Processing Marketing Optimization 125

Smart Data Collective

NOVEMBER 20, 2022

The lack of the right resources, technology, and, most importantly, communication channels could bring unwarranted stress to the organization. The good news is that cloud technology can improve communication and reduce employee turnover. . 5 ways cloud technology can improve business communication. Improves onboarding process.

Technology 117

Technology Unstructured Data Strategy Cost-Benefit 117

Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. Collecting Relevant Data for Conversion Rate Optimization Here is some vital data that e-commerce businesses need to collect to improve their conversion rates. One report found that global e-commerce brands spent over $16.7 billion on analytics last year.

Optimization 71

Optimization Data Analytics Analytics Data-driven 71

Smart Data Collective

JULY 24, 2023

Analytics technology has been a huge gamechanger for the sports industry. Sports organizations are leveraging analytics technology to make their social media marketing strategies more efficient and improve their ROIs. Analytics technology has made it easier than ever to monitor fan engagement. billion on analytics last year.

Analytics Technologies 76

Analytics Technologies Marketing Technology Analytics 76

IBM Big Data Hub

FEBRUARY 23, 2024

Beyond the simplistic chat bubble of conversational AI lies a complex blend of technologies, with natural language processing (NLP) taking center stage. These technologies enable systems to interact, learn from interactions, adapt and become more efficient. billion by 2030.

Enterprise 106

Enterprise Interactive Data-driven Key Performance Indicator 106

IBM Big Data Hub

SEPTEMBER 6, 2023

Today, AI technologies are being used more widely than ever to generate content, improve customer experiences and deliver more accurate results. Once trained, these bots can interact with customers no matter where they are on their customer journey, help resolve tickets quickly and effectively and increase customer satisfaction.

Marketing 86

Marketing Technology Advertising ROI 86

CIO Business Intelligence

JANUARY 20, 2023

To adapt to this new “new normal,” organizations will need to reinforce their workforces with technologies that can keep pace. 2] In this arena, desktop virtualization and cloud technologies will play starring roles. Many proactive teams are relying on Dell Technologies. [5]

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

CIO Business Intelligence

JANUARY 22, 2024

AI-driven technology is not just a side project anymore. EXL predicts that if organizations fully adopt a digital strategy and optimally leverage technology, they could reduce overall administrative expenses by 40% to 50% in the next five years.

Cost-Benefit 105

Cost-Benefit Digital Transformation Data-driven Interactive 105

bridgei2i

JUNE 3, 2020

Consumer Technology & Durables (CTD) in the COVID-19 Era. This explains the exponential growth Consumer Technology & Durables (CTD) has seen in the past few years. CTD’s growth over the last two decades was aided by technological innovation and the steady drop of electronics components’ costs, driven by economies of scale.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

CIO Business Intelligence

MARCH 18, 2024

Technology has a critical role to play in any organization’s social sustainability strategy. And according to a survey from NTT, a majority of senior executives recognize this and are actively working to harness digital technology and innovation to support their social sustainability initiatives.

Manufacturing 119

Manufacturing Forecasting Technology Software 119

IBM Big Data Hub

AUGUST 7, 2023

Tackling complexities in clinical trial site selection: A playground for a new technology and AI operating model Enrollment strategists and site performance analysts are responsible for constructing and prioritizing robust end-to-end enrollment strategies tailored to specific trials.

Optimization 60

Optimization Forecasting Data-driven Strategy 60

DataKitchen

FEBRUARY 27, 2024

LLMs have the potential to revolutionize how we interact with data, automate processes, and extract insights. However, the foundation of their success rests not just on sophisticated algorithms or computational power but on the quality and integrity of the data they are trained on and interact with.

Data Quality 120

Data Quality Unstructured Data Testing Modeling 120

IBM Big Data Hub

APRIL 15, 2024

Facing a constant onslaught of cost pressures, supply chain volatility and disruptive technologies like 3D printing and IoT. The industry must continually optimize process, improve efficiency, and improve overall equipment effectiveness. Summarization Summarization remains the top use case for generative AI (gen AI) technology.

Manufacturing 103

Manufacturing Contextual Data Knowledge Discovery Modeling 103

IBM Big Data Hub

JULY 10, 2023

Sidebands : The result of the modulation of the fundamental frequency by another frequency, as in the interaction between a bearing fault and the frequency of a rotating component. Rectifying issues using vibration analysis helps organizations optimize asset efficiency and reduce energy consumption. appeared first on IBM Blog.

Optimization 60

Optimization IT Measurement Cost-Benefit 60

CIO Business Intelligence

JANUARY 3, 2024

The contact center is where customers interact with companies through various channels, such as phone, email, chat, or social media. AI can help optimize processes in many different ways, for example: customers’ speech and text into different languages, dialects, or accents.

B2B 126

B2B Insurance Consulting Cost-Benefit 126

datapine

APRIL 13, 2021

The answer is modern agency analytics reports and interactive dashboards. Explore our 14 days free trial & benefit from interactive agency reports! Agencies benefit from interactive dashboard tools to prove the success of their strategies and campaigns to clients. What Are Agency Analytics?

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

Smart Data Collective

MARCH 28, 2019

Their main focus on collecting big data has been to optimize their business functions. Big data is being used for more effective marketing, optimal customer service, expediting research and development, maximizing product quality and much more. Companies cannot possibly make such delicate design models without the use of big data.

IoT 88

IoT Big Data Internet of Things Optimization 88

Decision Management Solutions

MAY 1, 2019

In February, we published a blog post on “Using Technology to Add Value in Insurance”. That post, referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question? , Cross-selling can be challenging for insurance carriers because they have only infrequent interactions with customers.

Insurance 75

Insurance Technology Predictive Analytics Risk 75

CIO Business Intelligence

APRIL 10, 2024

As people frequent e-commerce or streaming platforms, the AI models track the interactions, “learning” what people prefer to purchase or watch. Inferencing funneled through RAG must be efficient, scalable, and optimized to make GenAI applications useful. An LLM is only as strong as its inferencing capabilities.

Cost-Benefit 135

Cost-Benefit Modeling Strategy Interactive 135

CIO Business Intelligence

APRIL 4, 2022

If a specific email or login credential is identified in a potentially fraudulent transaction, all future interactions with this email or credential can be subject to additional scrutiny. Graph database technology can provide benefits beyond fraud detection. With the right technology, your organization can keep ahead of fraud.

Technology 52

Technology Deep Learning Cost-Benefit Data Quality 52

CIO Business Intelligence

FEBRUARY 26, 2024

As with any revolutionary technology, artificial intelligence (AI) is viewed with both optimism and fear. With FutureIT Los Angeles coming up on March 12, we spoke with Baron – a keynote speaker at the event – about how AI, robotics, and communication technologies are redefining how people interact and businesses operate.

Advertising 98

Advertising Interactive Digital Transformation Technology 98

bridgei2i

APRIL 26, 2021

AI For Technology Industry Solutions: Everything to Know About AI For Tech Industry Solutions. Artificial intelligence (AI) is the growing force in the technological world and takes centerstageBesides transforming traditional computing methods, it has penetrated several sectors. The main path of optimizing AI solutions is NLU and NLP.

Technology 52

Technology Recreation/Entertainment Sales Machine Learning 52

Cloudera

OCTOBER 24, 2023

The AI technologies of today—including not just large language models (LLMs) but also deep learning, reinforcement learning, and natural-language processing (NLP) tools—will equip telcos with powerful new automation and analytics capabilities. AI-powered automation is already driving significant margin growth by reducing costs.

Interactive 77

Interactive Data-driven Cost-Benefit Optimization 77

CIO Business Intelligence

MARCH 6, 2024

Workforce Experience The whole purpose of gathering people in offices is so they can connect and interact; replicating this can be challenging when your workforce is distributed across multiple locations. Connectedness is about more than ongoing operations; it’s also about getting and keeping the best people.

Uncertainty 98

Uncertainty Interactive Optimization Strategy 98

CIO Business Intelligence

APRIL 11, 2024

Customer experience in the government sector is the sum of the public’s interactions with any government service, from how we contact our state’s social services and emergency services to waste management, public transportation, and healthcare. In this guide, you’ll learn more about the importance of innovation in the U.S.

Cost-Benefit 104

Cost-Benefit Predictive Analytics Data-driven Risk 104

IBM Big Data Hub

FEBRUARY 29, 2024

The transition to the foundation model era signifies a substantial change in how professionals use technology to enhance their digital strategies. By using cutting-edge technology, professionals can optimize decision-making processes and enhance operational efficiency.

Modeling 54

Modeling Optimization Interactive Strategy 54

CIO Business Intelligence

OCTOBER 16, 2023

When a new wave of technology innovation seems to be breaking over the horizon, the fear of missing out — FOMO — can drive hasty decisions on new IT investments. It thrust into the spotlight the potential of generative AI to revolutionize customer interactions, generate images from text input , and even automate software coding. “The

Data-driven 143

Data-driven Software Interactive Technology 143

AWS Big Data

JUNE 27, 2023

We wanted to include interactive, real-time visualizations to support recruiters from one of our government clients. We chose Amazon QuickSight because it gave us dynamic and interactive dashboards embedded in our application, while saving us money and development time.

Metrics 97

Metrics Dashboards Interactive Visualization 97

IBM Big Data Hub

NOVEMBER 6, 2023

By adopting these 4 best practices to invest in the right technology and leverage the most recent advances in generative AI , enterprises can unlock unique services for SMB customers. Through workload optimization, watsonx.data can reduce the cost of an enterprise’s data warehouse by up to 50%.

Cost-Benefit 111

Cost-Benefit Enterprise ROI Data Warehouse 111

Ontotext

SEPTEMBER 7, 2023

Graph technologies are a way to store and represent data in a more graphical way. When I try to explain what I do I’d say, “Have you used Google, or DBpedia, or Uber, or any of these things that have graph technology embedded?” People are beginning to realize what graph technology is. So, the use cases here are endless.

Technology 59

Technology Visualization Digital Transformation Management 59

IBM Big Data Hub

SEPTEMBER 27, 2023

However, this approach can overlook intricate interactions and dependencies between different parts of the stack. By integrating observability mechanisms into mobile apps, developers can gain insights into user interactions, performance bottlenecks and errors, helping improve user experience and overall app quality.

Metrics 78

Metrics Interactive Optimization Data-driven 78

CIO Business Intelligence

MARCH 12, 2024

In September 2023 Creatio decomposed all features and components of its CRM suite , including marketing, sales, and service, to deliver them as modules that would be more affordable for enterprises unwilling or unable to spend on broad technology platforms.

IT 98

IT Sales Forecasting Marketing 98

CIO Business Intelligence

AUGUST 7, 2023

The COVID-19 pandemic led to the widespread adoption of various technologies as businesses rushed to digitize their processes to cope with the crisis. In many ways, the pandemic magnified an effect that we often see during technology innovation cycles.

Cost-Benefit 97

Cost-Benefit Digital Transformation Optimization Software 97