Smart Data Collective

OCTOBER 13, 2020

They found that predictive analytics algorithms were using social media data to forecast asset prices. Predictive analytics have become even more influential in the future of altcoins in 2020. This wouldn’t have been the case without growing advances in big data and predictive analytics capabilities.

Predictive Analytics 100

Predictive Analytics Analytics Forecasting Marketing 100

Smart Data Collective

JANUARY 14, 2021

Investors are looking towards new machine learning capabilities to get more value out of their strategies by choosing better performing securities. A lot of experts have talked about the benefits of using predictive analytics technology to forecast the future prices of various financial assets , especially stocks.

Predictive Analytics 81

Predictive Analytics Forecasting Analytics Machine Learning 81

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

JUNE 18, 2021

We have previously talked about the role of predictive analytics in helping solve crimes. Fortunately, machine learning and predictive analytics technology can also help on the other side of the equation. Predictive Analytics and Big Data Assists with Criminal Justice Reform.

Predictive Analytics 67

Predictive Analytics Forecasting Analytics Big Data 67

BizAcuity

MARCH 18, 2019

Credit scoring systems and predictive analytics model attempt to quantify uncertainty and provide guidance for identifying, measuring and monitoring risk. Benefits of Predictive Analytics in Unsecured Consumer Loan Industry. Predictive Analytics enhances the Lending Process.

Predictive Analytics 83

Predictive Analytics Analytics Cost-Benefit Data mining 83

BizAcuity

APRIL 28, 2019

Today, it’s no secret that most forward-thinking businesses are keenly following the latest developments on big data, artificial intelligence, machine learning, and predictive analytics. Predictive Analytics, a form of advanced analytics is also making great breakthroughs in the solving the debt collection problem.

Predictive Analytics 98

Predictive Analytics Analytics Big Data Data mining 98

DataRobot Blog

NOVEMBER 8, 2022

In a world that is increasingly outcome-focused and platform-based, we have integrated strategy and predictive analytics to move at the speed of our clients’ decisions and established a scalable framework for uncovering and acting on insights in an organized, simple, and transparent operating model. Request a demo.

Predictive Analytics 59

Predictive Analytics Marketing Analytics Data-driven 59

Smarten

NOVEMBER 26, 2018

Your Business Users Will LOVE Predictive Analytics Tools! Predictive Analytics used to involve a crystal ball but, today, there are other options and they are more widely accepted in the business community!

Predictive Analytics 58

Predictive Analytics Predictive Modeling Analytics Forecasting 58

Smarten

MAY 13, 2019

Self-serve, assisted predictive modeling and predictive analytics can help you to identify the customers who are most likely to leave and allow you to develop processes and strategies, as well as new marketing, new products and services, and other strategies that will improve customer retention and reduce customer churn.

Predictive Analytics 51

Predictive Analytics Analytics Predictive Modeling Advertising 51

CIO Business Intelligence

FEBRUARY 14, 2023

To succeed with real-time AI, data ecosystems need to excel at handling fast-moving streams of events, operational data, and machine learning models to leverage insights and automate decision-making. AI continues to transform customer engagements and interactions with chatbots that use predictive analytics for real-time conversations.

Data Strategy 103

Data Strategy Strategy Machine Learning Data-driven 103

Birst BI

OCTOBER 30, 2018

An analytics alternative that goes beyond descriptive analytics is called “Predictive Analytics.”. Predictive Analytics: Predicting Future Outcomes. While descriptive analytics are focused on historical performance, predictive analytics are about predicting future outcomes.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Smart Data Collective

NOVEMBER 7, 2019

The benefits of predictive analytics for businesses are numerous. However, predictive analytics can be just as valuable for solving employee retention problems. Towards Data Science discusses some of the benefits of predictive analytics with employee retention. There are three ways to deal with this issue…”.

Predictive Analytics 47

Predictive Analytics Analytics Cost-Benefit Risk 47

Smart Data Collective

MARCH 29, 2019

New advances in predictive analytics are helping solve many of these threats. Here are some reasons that predictive analytics technology is going to be the best line of defense against hackers and malware for the foreseeable future. This is where predictive analytics technology can be invaluable for security purposes.

Predictive Analytics 56

Predictive Analytics Analytics Analytics Technologies Software 56

Decision Management Solutions

JUNE 25, 2019

Data shows that a traditional data-first approach to analytics is not generating much value for companies and I urged the audience instead to adopt a decisions-first mindset. The last mile – getting ML models embedded into production systems – is critically important for analytic value and yet it is hard and often neglected.

Predictive Analytics 75

Predictive Analytics Analytics Data Science Experimentation 75

Smart Data Collective

OCTOBER 6, 2023

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.

Management 116

Management Analytics Predictive Analytics Cost-Benefit 116

AWS Big Data

MARCH 26, 2024

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. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 70

Data Strategy Strategy Data Warehouse Prescriptive Analytics 70

Smarten

JULY 23, 2019

What is Predictive Analytics and How Can it Help My Business? What is predictive analytics? Put simply, predictive analytics is a method used to forecast and predict the future results and needs of an organization using historical data and a comprehensive set of data from across and outside the enterprise.

Modeling 63

Modeling Predictive Analytics Predictive Modeling IT 63

Rocket-Powered Data Science

MARCH 19, 2021

Focus on the strategies that aim these tools, talents, and technologies on reaching business mission and goals: e.g., data strategy, analytics strategy, observability strategy ( i.e., why and where are we deploying the data-streaming sensors, and what outcomes should they achieve?).

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

IBM Big Data Hub

APRIL 1, 2024

Stacking strong data management, predictive analytics and GenAI is foundational to taking your product organization to the next level. With IBM watsonx™ Assistant, companies can build large language models and train them using proprietary information, all while helping to ensure the security of their data.

Predictive Analytics 79

Predictive Analytics Sales Enterprise Predictive Modeling 79

BizAcuity

APRIL 25, 2022

Casinos would do well to think through their marketing strategies, to support growth, differentiate themselves from competitors, and strengthen their relationship with patrons and members. Casino Marketing strategy is digital. To start with, a fundamental digital casino marketing strategy encompasses: Website and Mobile.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

CIO Business Intelligence

MARCH 30, 2022

The advent of digital technologies has had a major impact on the business, in both what services it delivers and how it delivers them, including IoT (internet of things) technologies and predictive maintenance capabilities. Have you changed your IT operating model to support the move from 13 business units to three sectors?

Modeling 98

Modeling IT IoT Internet of Things 98

Smart Data Collective

FEBRUARY 18, 2020

You can also expand your business and your brand and take it international with the right combination of a great website and a data-driven marketing strategy. Bringing Big Data into the Fray with Your Marketing Strategy. There are plenty of ways that you can use big data to aid with your marketing strategy.

Strategy 79

Strategy Big Data Cost-Benefit Marketing 79

Smart Data Collective

NOVEMBER 24, 2019

One of the biggest applications is that new predictive analytics models are able to get a better understanding of the relationships between employees and find areas where they break down. Big Data is the Key to Stronger Team Extension Models. Let’s dig deep and find out which model should we pick as a business owner.

Big Data 73

Big Data Modeling ROI Predictive Analytics 73

IBM Big Data Hub

APRIL 23, 2019

A vital part of a viable strategy for preventing churn is the effective use of data. Let’s look at the role predictive analytics can play in that strategy. It's well-established that customer retention is much less expensive than customer acquisition. Therefore, preventing churn is a priority for nearly every company.

Modeling 76

Modeling Predictive Analytics Strategy Analytics 76

Smart Data Collective

JULY 16, 2023

Optimizing hedge fund performance requires the implementation of intelligent strategies, from managing risks to maximizing returns, improving investor relations, and adapting to shifting market conditions. Among these tools, quantitative models have emerged as one of the most effective solutions.

ROI 71

ROI Data Analytics Analytics Risk Management 71

Smart Data Collective

AUGUST 29, 2022

They need a more comprehensive analytics strategy to achieve these business goals. Predictive analytics. Predictive analytics uses historical data to predict future trends and models , determine relationships, identify patterns, find associations, and more. Anomaly detection.

Analytics 114

Analytics Predictive Analytics Machine Learning Insurance 114

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. Industries harness predictive analytics in different ways.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Sisense

SEPTEMBER 12, 2019

Every business needs a business intelligence strategy to take it forward. . As the Global Team Lead of BI Consultants at Sisense, I can say that the projects I’ve worked on where a BI strategy was involved, were more successful than projects without a strategy. But what is a BI strategy in today’s world?

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

Smarten

DECEMBER 5, 2022

Sample business use cases that relate to a team member role or responsibility, or an illustration of an analytical technique can allay user fears about the complexity of augmented analytics or about the real value of integrating an augmented analytics solution into the day-to-day workflow.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Forecasting Testing 52

Rocket-Powered Data Science

OCTOBER 6, 2023

Using the same statistical terminology, the conditional probability P(Y|X) (the probability of Y occurring, given the presence of precondition X) is an expression of predictive analytics. By exploring and analyzing the business data, analysts and data scientists can search for and uncover such predictive relationships.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

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

CIO Business Intelligence

APRIL 8, 2024

Improving player safety in the NFL The NFL is leveraging AI and predictive analytics to improve player safety. Risk Mitigation Modeling can then be used to analyze training data and determine a player’s ideal training volume while minimizing injury risk. Souza’s advice: Cultivate curiosity.

Analytics 91

Analytics Broadcasting Predictive Analytics Metrics 91

CIO Business Intelligence

OCTOBER 13, 2023

The data architect also “provides a standard common business vocabulary, expresses strategic requirements, outlines high-level integrated designs to meet those requirements, and aligns with enterprise strategy and related business architecture,” according to DAMA International’s Data Management Body of Knowledge.

Data Architecture 122

Data Architecture Data Warehouse Statistics Visualization 122

Smart Data Collective

JULY 24, 2023

Predictive analytics, driven by AI, can provide detailed insights into vendor behavior, helping businesses anticipate issues before they occur. With predictive analytics, businesses can gain a better understanding of their vendors’ performance and reliability, helping them make more informed decisions.

Management 87

Management Cost-Benefit Data-driven Predictive Analytics 87

IBM Big Data Hub

SEPTEMBER 19, 2023

Overview: Data science vs data analytics Think of data science as the overarching umbrella that covers a wide range of tasks performed to find patterns in large datasets, structure data for use, train machine learning models and develop artificial intelligence (AI) applications.

Data Science 78

Data Science Data Analytics Prescriptive Analytics Analytics 78

CIO Business Intelligence

JUNE 1, 2022

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. .

Manufacturing 94

Manufacturing Digital Transformation Predictive Analytics Strategy 94

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. Now that we live longer, treatment models have changed and many of these changes are namely driven by data. and could provide a model for the EU to follow.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364