Smarten

AUGUST 21, 2019

Assisted Predictive Modeling – These tools enable the average business user to leverage sophisticated predictive algorithms without requiring statistical or data science skills. Users can highlight trends and patterns, test hypotheses and theories to reduce business risk, and easily predict and forecast results.

Analytics 51

Analytics Predictive Modeling Visualization Statistics 51

BizAcuity

APRIL 25, 2022

The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. ROI is sacrosanct for a casino business. No ROI, no investment. Casinos have to continuously work on the game mix such that they are able to generate ROI while managing player win expectations.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

Smarten

SEPTEMBER 11, 2018

With the right Advanced Analytics Tools , your business users will adopt and use these tools with confidence and they can enjoy assisted predictive modeling, self-serve data preparation, smart data visualization and more! Advance data discovery within your organization with great ROI and low TCO and a swift implementation.

Analytics 40

Analytics Predictive Modeling ROI Visualization 40

DataRobot Blog

APRIL 1, 2022

But the secret for getting an actual benefit from AI is not as simple as developing some models or purchasing an AI platform. The first challenge is getting models into production. Also, degrading models over time can pose a significant risk to the business. It’s not enough to buy it. Challenge #1. Challenge #2.

Machine Learning 59

Machine Learning Cost-Benefit Predictive Modeling Modeling 59

IBM Big Data Hub

FEBRUARY 14, 2024

Other uses include Netflix offering viewing recommendations powered by models that process data sets collected from viewing history; LinkedIn uses ML to filter items in a newsfeed, making employment recommendations and suggestions on who to connect with; and Spotify uses ML models to generate its song recommendations.

Cost-Benefit 87

Cost-Benefit Insurance Unstructured Data Machine Learning 87

IBM Big Data Hub

JUNE 29, 2023

This information is then used to build predictive models of an asset’s performance over time and help spot potential problems before they arise. One of the ways maintenance managers refine and improve predictive analytics to increase asset reliability is through the creation of a digital twin.

Cost-Benefit 85

Cost-Benefit Measurement Management Predictive Analytics 85

IBM Big Data Hub

AUGUST 28, 2023

Text mining —also called text data mining—is an advanced discipline within data science that uses natural language processing (NLP) , artificial intelligence (AI) and machine learning models, and data mining techniques to derive pertinent qualitative information from unstructured text data.

Data mining 57

Data mining Machine Learning Deep Learning Marketing 57

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. This enriched data can then inform the marketing team more specifically the personas and buying habits for their products and in order to achieve higher ROI from marketing spend.

Technology 52

Technology Forecasting Finance Data-driven 52

Smarten

NOVEMBER 3, 2017

Business users can quickly and easily prepare and analyze data and visualize and explore data, notate and highlight data and share data with others to identify the important ‘nuggets’, buried in traditional data, and to connect the dots, find exceptions, identify patterns and trends and better predict results.

Analytics 40

Analytics Visualization Experimentation Cost-Benefit 40

DataRobot Blog

NOVEMBER 9, 2017

I’ve spent the last 2+ years working with business analysts and MBA’s to build predictive models. You could: Change the way your company handles sales prospects by ranking them with a machine learning model. Improve the way your organization maintains its equipment using predictive maintenance.

Machine Learning 52

Machine Learning Data-driven Software Sales 52

Smarten

JANUARY 5, 2023

By embedding BI, you can improve the user adoption rate, lower TCO and improve ROI. But what if you could improve the return on investment (ROI) and total cost of ownership (TCO) results of your new augmented analytics solution and your enterprise apps and software – all at the same time? Ensure affordable, flexible licensing models.

ROI 52

ROI Business Intelligence Cost-Benefit Software 52

DataRobot Blog

DECEMBER 15, 2022

Working from datasets you already have, a Time Series Forecasting model can help you better understand seasonality and cyclical behavior and make future-facing decisions, such as reducing inventory or staff planning. Calendars can also help you understand seasonality and incorporate it into the forecast model.

Forecasting 81

Forecasting Modeling ROI Machine Learning 81

AWS Big Data

MARCH 7, 2023

It helps you build, train, and deploy models consuming the data from repositories in the data hub. These are just some of the KPIs and metrics that are key for predictive modeling of events as the game acquires new players while keeping existing users involved, engaged, and playing.

Analytics 74

Analytics Data Warehouse Data Lake Metadata 74

O'Reilly on Data

SEPTEMBER 15, 2020

Customer stakeholders are the people and companies that advertise on the platform, and are most concerned with ROI on their ad spend. In my book, I introduce the Technical Maturity Model: I define technical maturity as a combination of three factors at a given point of time. characters, words, or sentences).

Cost-Benefit 293

Cost-Benefit Advertising ROI Machine Learning 293

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. The average ROI from RPA/IA deployments is 250%. Robotic Process Automation is for “more than once” automation.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

Smarten

MARCH 31, 2023

Integration of PMML Models From Third-Party Platforms Supports Business User Needs! If a tool or solution is difficult to use or if it must be combined with other tools to get results, users will become frustrated and will abandon the solution, resulting in poor return on investment (ROI) for the organization.

Analytics 52

Analytics Predictive Modeling ROI Modeling 52

Smarten

NOVEMBER 26, 2023

It includes predictive and prescriptive analytics and is used to gain insight into data and plan for the future using sophisticated features like key influencer analytics, sentiment analysis, embedded business intelligence, assisted predictive modeling, anomaly alerts, natural language processing (NLP) for simple search analytics and other features.

Marketing 40

Marketing Business Intelligence Key Performance Indicator Prescriptive Analytics 40

Insight

FEBRUARY 19, 2020

Arthur de Vany’s Hollywood Economics and Kaggle’s recent box office prediction challenge ) and current attempts are using increasingly sophisticated techniques. Feature Selection and Engineering Most of the inputs to my model were taken either as is from the data source, or with minimal processing. ROI = Profit/Budget).

Risk 67

Risk ROI Modeling Metrics 67

DataRobot

NOVEMBER 15, 2021

DataRobot AI Cloud on AWS enables organizations across the banking and healthcare industry to easily build, deploy, and monitor machine learning models that yield actionable insights and ROI. DataRobot & Palantir Foundry Demand Forecasting Solution.

Manufacturing 52

Manufacturing Forecasting Machine Learning Data-driven 52

Sisense

SEPTEMBER 25, 2020

Interpreting better results: Statistical techniques allow users to make predictions for unseen data, more easily improving the accuracy of output and results. Applying appropriate machine learning (ML) models: Different ML techniques are better suited for different types of problems. Actual Predicted 23.1 24.369364 32.2

Statistics 98

Statistics Predictive Modeling Modeling Machine Learning 98

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

Others argue that there will still be a unique role for the data scientist to deal with ambiguous objectives, messy data, and knowing the limits of any given model. The ROI of human involvement When it comes to human involvement, the key difference is in the magnitude of costs associated with any one forecast cycle.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Occam's Razor

JANUARY 7, 2019

Does swapping out male model posters for cute animals triple sales? Throw away your custom attribution model. From the tens of hours saved per week, figure out how to feed offline data into your data driven attribution model. There is too much goodness in modeling that you are not taking advantage of.

Marketing Analytics 88

Marketing Analytics Marketing Analytics Strategy 88

Smarten

JULY 9, 2018

Create Citizen Data Scientists with Assisted Predictive Modeling! You need Assisted Predictive Modeling (Plug n’ Play Predictive Analysis with auto-suggestions and recommendations). The Plug and Play Predictive Analytics and predictive modeling platform is suitable for business users.

Predictive Modeling 40

Predictive Modeling Modeling Predictive Analytics ROI 40

Smarten

MAY 17, 2024

The organization looks for a solution that is easy enough for its business users and intuitive enough to produce clear results; one that also provides sophisticated functionality and features and will produce a suitable Return on Investment (ROI) and Total Cost of Ownership (TCO). It also optimizes its resources, knowledge and time.

Analytics 52

Analytics Predictive Modeling ROI Cost-Benefit 52

datapine

JANUARY 31, 2022

For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. Business Intelligence And Analytics Lead To ROI. Such business intelligence ROI can come in many forms.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Smarten

MARCH 19, 2019

In today’s competitive business market, every senior executive looks at risk, value and calculations like return on investment (ROI) and total cost of ownership (TCO) before approving a budget. Original Post: Proven, Rapid ROI Assures Project Funding for Augmented Analytics Projects.

ROI 40

ROI Analytics Cost-Benefit Predictive Modeling 40

Rocket-Powered Data Science

OCTOBER 6, 2023

Note how this simple mathematical expression of prescriptive analytics is exactly the opposite of our previous expression of predictive analytics (given X, find Y). Here are a few business examples of this type of prescriptive analytics: Which marketing campaign is most efficient and effective (has best ROI) in optimizing sales?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Smarten

DECEMBER 13, 2022

With business users on board, the enterprise can capitalize on its strategy and optimize return on investment (ROI) and total cost of ownership (TCO) for its technology investment. Gartner predicts that, ‘overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’.

Cost-Benefit 52

Cost-Benefit B2B Optimization Predictive Modeling 52

Smarten

JULY 31, 2019

Once the business has chosen data democratization and implemented a self-serve analytics solution, it must measure ROI & TCO and establish metrics that will compare business results achieved before and after the implementation. How does one measure the effectiveness of a new Augmented Data Discovery solution?

Predictive Modeling 40

Predictive Modeling Metrics Measurement ROI 40

Smarten

JUNE 14, 2019

With NLP searches and queries, business users are free to explore data and achieve accurate results and the organization can achieve rapid ROI and sustain low total cost of ownership (TCO) with tools as familiar as a Google search.

Cost-Benefit 40

Cost-Benefit IT Predictive Modeling Business Intelligence 40

Smarten

DECEMBER 12, 2018

As the analytical solutions market evolves, the advent of self-serve tools provides business users with the ability to leverage self-serve data preparation, smart data visualization and assisted predictive modeling and operate at a level that was not possible before. Ability to achieve mature modeling goals.

Analytics 40

Analytics Business Intelligence Data mining Predictive Modeling 40

Smarten

JULY 3, 2017

When an enterprise selects a self-serve business intelligence solution with Advanced Data Discovery , Smart Data Visualization , Plug n’ Play Predictive Analysis and Self-Serve Data Preparation , it can create an environment where business users are empowered and become greater assets to the organization.

Predictive Modeling 40

Predictive Modeling Visualization Business Intelligence Experimentation 40

Smarten

JUNE 25, 2018

Business Benefit: By identifying mean/median income of this segment, one can target marketing to this segment in order to improve ROI and sales revenue. Business Problem: Find out the average age and income for a particular type of product category purchased. Be sure to choose the right method for the type of data.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

Depict Data Studio

SEPTEMBER 17, 2019

His experience includes evaluation and outcomes studies, ROI analysis, IBNR determination, predictive modeling, risk adjustment methodologies, advanced data visualization, dashboard design and implementation, database development and management, and identifying and evaluating trends and forces in data.

Visualization 40

Visualization Consulting Dashboards Reporting 40

Smarten

JUNE 22, 2022

It is also supported by advanced analytics components including natural language processing (NLP) search analytics, and assisted predictive modeling to enable the Citizen Data Scientist culture. Improve user adoption and ROI for BI investments and for existing technology and software investments. Benefits of Embedded BI.

Slice and Dice 76

Slice and Dice Digital Transformation Business Intelligence Predictive Modeling 76

Smarten

NOVEMBER 26, 2023

Your business has high hopes for its business intelligence implementation and it anticipates many benefits, a good return on investment (ROI) and low total cost of ownership (TCO). For many business intelligence users, BI dashboard tools will be just as important as the more advanced analytical tools like assisted predictive modeling.

Business Intelligence 40

Business Intelligence Key Performance Indicator ROI Dashboards 40

Smarten

APRIL 19, 2022

If you do not perform an assessment, understand your requirements and choose the right option, you are likely to fail in your initiative and your ROI and TCO will not meet expectations. There are many other considerations involved in implementing augmented analytics and meeting ROI and TCO expectations.

Analytics 76

Analytics ROI Digital Transformation Consulting 76