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

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

CIO Business Intelligence

OCTOBER 13, 2023

The data architect is responsible for visualizing and designing an organization’s enterprise data management framework. They often report to data infrastructure and data science leads. Data architects and data engineers work together to visualize and build the enterprise data management framework.

Data Architecture 132

Data Architecture Data Warehouse Statistics Visualization 132

IBM Big Data Hub

AUGUST 7, 2023

Embracing AI for clinical trials: The elements of success By embracing three AI-enabled capabilities, biopharma companies can significantly optimize clinical trial site selection process while developing core AI competencies that can be scaled out and saving financial resources that can be reinvested or redirected.

Optimization 55

Optimization Forecasting Data-driven Strategy 55

FineReport

APRIL 9, 2024

Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization. Through real-time data analysis and predictive insights, clinicians can tailor treatment approaches to individual patient requirements, fostering a personalized approach to care delivery.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

JULY 5, 2022

Research firm Gartner defines business analytics as “solutions used to build analysis models and simulations to create scenarios, understand realities, and predict future states.”. Descriptive analytics uses historical and current data to describe the organization’s present state by identifying trends and patterns.

Business Analytics 133

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 133

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

datapine

JUNE 5, 2019

Data dashboards provide a centralized, interactive means of monitoring, measuring, analyzing, and extracting a wealth of business insights from relevant datasets in several key areas while displaying aggregated information in a way that is both intuitive and visual.

Dashboards 316

Dashboards KPI Sales Visualization 316

BA Learnings

JANUARY 2, 2023

This may require using tools such as Microsoft Excel or Google Sheets for fundamental statistical analysis or more advanced tools such as Tableau for visualizing complex datasets. Automation tools like Zapier are great for automating tedious tasks like filling out forms or generating reports.

Data Analytics 130

Data Analytics Analytics Metrics Testing 130

BizAcuity

APRIL 1, 2023

AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

BizAcuity

JANUARY 18, 2023

AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

CIO Business Intelligence

NOVEMBER 14, 2022

These systems include file drawer and management reporting systems, executive information systems, and geographic information systems (GIS). These DSS include systems that use accounting and financial models, representational models, and optimization models. Optimization analysis models. Data-driven DSS. Model-driven DSS.

Data mining 138

Data mining Data-driven Statistics OLAP 138

datapine

AUGUST 14, 2019

To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations. Many users also report its power in constructed-in capabilities and libraries, data manipulation, and reporting. Let’s get started.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

datapine

NOVEMBER 5, 2019

All areas of your modern-day business – from supply chain success to improved reporting processes and communications, interdepartmental collaboration, and general organization innovation – can benefit significantly from the use of analytics, structured into a live dashboard that can improve your data management efforts.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

Smart Data Collective

AUGUST 15, 2019

Social Media Today reported that advertisers spent $10.1 A growing number of advertising networks are using historical data to predict the likelihood of a conversion from a given customer. Machine learning and predictive analytics are changing the field of PPC in fantastic ways. billion on Google AdWords in 2017 alone.

Optimization 63

Optimization Strategy Advertising Machine Learning 63

CIO Business Intelligence

MARCH 3, 2023

A 2018 report by consulting firm Deloitte notes that fans at home often have access to better camera angles, as well as AR/VR, multiplatform, and other multimedia options. Sustainability is all about innovation and business optimization. The operational data is processed using SAP HANA Cloud and visualized with SAP Analytics Cloud.

Data Analytics 96

Data Analytics Analytics Measurement Metrics 96

BizAcuity

MAY 16, 2022

Such insights can be excellent fuel to marketing strategy, analytics, and campaign optimization. Integrating data through data warehouses and data lakes is one of the standard industry best practices for optimizing business intelligence. Visual Analytics and Data Visualization. Data mining.

Business Intelligence 52

Business Intelligence Data mining Visualization Data Lake 52

datapine

JANUARY 18, 2023

Table of Contents 1) What Is The Report Definition? 2) Top 14 Types Of Reports 3) What Does A Report Look Like? Businesses have been producing reports since, forever. This presents a problem for many modern organizations today as building reports can take from hours to days. What Is The Report Definition?

Reporting 201

Reporting Metrics Dashboards Visualization 201

Smart Data Collective

JUNE 16, 2022

While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. The answers captured above further enable a CIO to create a top-level view and evaluate how optimal is the spending, how progressive is the pipeline and ultimately how on track are the committed deliverables. .

Business Analytics 123

Business Analytics Analytics Forecasting Business Analysis 123

CIO Business Intelligence

APRIL 21, 2022

Some enable users to create custom marketing campaigns via visual flowcharts constructed by drag-and-drop tools. Klavio connects to the store and turns the data about visits and purchases into an ongoing email and SMS marketing campaign that uses predictive analytics to drive engagement and sales.

Sales 143

Sales Marketing Dashboards Advertising 143

IBM Big Data Hub

MAY 17, 2024

According to a recent report from the IBM Institute for Business Value , half of CEOs are integrating generative AI into products and services. A report from the IBM Institute of Business Value found that there’s enormous room for improvement in the customer experience.

B2B 64

B2B Interactive Optimization Forecasting 64

Cloudera

APRIL 9, 2021

The third video in the series highlighted Reporting and Data Visualization. And this blog will focus on Predictive Analytics. Reporting – data warehousing & dashboarding. Predictive Analytics – AI & machine learning. The second blog dealt with creating and managing Data Enrichment pipelines.

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

CIO Business Intelligence

JUNE 16, 2022

BPM tools help organizations create, execute, optimize, and monitor business processes. Its platform is already optimized for jobs such as case tracking, and compliance management is part of the model. The visual coding solution also supports various AI algorithms for automating some decisions. Business Process Management

Management 117

Management Insurance Software Digital Transformation 117

Cloudera

JANUARY 5, 2023

Faced with even more pressure to remain resilient and agile amid looming global economic threats, Asia-Pacific (APAC) region businesses are looking to further mobilize emerging technologies such as artificial intelligence (AI) and machine learning that will optimize operational efficiencies and cost savings. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

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 76

Key Performance Indicator Forecasting Sales Data Integration 76

Smarten

JUNE 10, 2022

Data Discovery including self-serve data preparation, smart data visualization with charts, graphs and other visualizations for clarity and decisions. Predictive Modeling to support business needs, forecast, and test theories. Cross-Tab Reporting. Intuitive Reporting. Augmented Analytics.

Slice and Dice 52

Slice and Dice Analytics Key Performance Indicator Business Intelligence 52

Smart Data Collective

JULY 24, 2023

Analytics technology has been a huge gamechanger for the sports industry. Fortune Business Insights reports that the sports industry spent $2.98 billion on analytics last year. Nabil M Abbas of Towards Data Science talked about one of the most interesting ways that data analytics is changing the NBA. a year until 2030.

Analytics Technologies 80

Analytics Technologies Marketing Technology Analytics 80

Domino Data Lab

JULY 28, 2021

It is the job of a data scientist to navigate these subtle differences, pick the model that aligns best with the problem statement, optimize and monitor performance and translate the findings back into a business context. These changes often personify themselves as square roots, lambdas or inverted matrices.

Data Science 110

Data Science Statistics Recreation/Entertainment Predictive Analytics 110

IBM Big Data Hub

FEBRUARY 14, 2024

Creative AI use cases Create with generative AI Generative AI tools such as ChatGPT, Bard and DeepAI rely on limited memory AI capabilities to predict the next word, phrase or visual element within the content it’s generating. Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies.

Cost-Benefit 82

Cost-Benefit Insurance Unstructured Data Machine Learning 82

Sisense

OCTOBER 6, 2020

Smart use of your data can be the key to optimizing processes, identifying new opportunities, and gaining or keeping a competitive edge. It’s analyzed through numerical comparisons and statistical inferences and is reported through statistical analyses. But are you paying attention to all of your data?

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

Smarten

JANUARY 31, 2019

Put simply, business Intelligence uses historical data to reveal where the business has been, and managers can use this data to predict competitive response and discover what is changing in customer buying behavior and in sales. Advanced Analytics is the logical tool to help a business optimize its investments and achieve its goals.

Business Intelligence 40

Business Intelligence Analytics Predictive Modeling Forecasting 40

datapine

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. That’s where business intelligence reporting comes into play – and, indeed, is proving pivotal in empowering organizations to collect data effectively and transform insight into action. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

Sisense

OCTOBER 29, 2021

While even the most advanced analytics systems can’t tell you everything to expect in the months to come, we’ve once again rounded up some of the stories in the news we think you should be aware of to see what’s new in the world of embedded analytics and how you could be doing more with your data.

Analytics 52

Analytics Testing Predictive Analytics Data-driven 52

Smarten

MAY 24, 2017

One of the most important elements of advanced data discovery and advanced analytics tools is plug n’ play predictive analysis and forecasting tools. These tools can support the enterprise initiative to implement self-serve advanced analytics and transform business users into Citizen Data Scientists. About Kartik Patel.

Forecasting 40

Forecasting Business Intelligence Sales Predictive Analytics 40

BizAcuity

FEBRUARY 15, 2019

With more and more information became readily available online in the mid 2000s, companies started taking advantage of it by leveraging big data analytics. Some businesses in 2003 started using predictive analytics generating an average Return on Investment or ROI of 145% as per the study that was undertaken by IDC.

Sales 67

Sales Analytics ROI B2B 67

Birst BI

AUGUST 23, 2018

Data scientists building AI applications require numerous skills – data visualization, data cleansing, artificial intelligence algorithm selection and diagnostics. Read the full Gartner report titled “Doing Machine Learning Without Hiring (More) Data Scientists” to learn proven solutions for successful pilots.

Machine Learning 73

Machine Learning Data Science Testing Metrics 73

Smarten

JUNE 25, 2018

Business Problem: Discount Analysis and Customer Retention will help the organization to target discounts to specific customers and the business will need to visualize ‘segments of sales group based on discount behavior’ and ‘customer churn to identify segments of customers on the verge of leaving’. Use Case – 2.

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40