Smart Data Collective

JANUARY 30, 2023

After all, it can mean their search engine optimization (SEO) techniques are working. Consider your return on investment (ROI) when adjusting—factor in all potential variables. AI technology is also making it easier for marketers to optimize their advertising budgets. Automate those that are predictable and repeatable.

Advertising 98

Advertising Cost-Benefit Marketing Strategy 98

Cloudera

JANUARY 5, 2021

Website Operations —Analyze website operations to improve efficiencies in order fulfillment service levels, optimize delivery options offered. Retail supply chains are a recognized and proven source of ROI when data analytics are leveraged to improve forecast accuracy and product availability.

Forecasting 90

Forecasting Cost-Benefit Sales Unstructured Data 90

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

IBM Big Data Hub

JUNE 29, 2023

Enterprises are constantly looking for new ways to optimize performance, increase reliability and extend asset lifespans—all without adding unnecessary costs. This information is then used to build predictive models of an asset’s performance over time and help spot potential problems before they arise.

Cost-Benefit 86

Cost-Benefit Measurement Management Predictive Analytics 86

Cloudera

JANUARY 29, 2021

This conundrum is a major challenge that the Manufacturing industry wrestles with everyday that limits meaningful ROI, scalability, or success and it’s due to the challenges and approaches Manufacturing and Industrial companies are taking when approaching Industry 4.0. Lack of Clear ROI . Clearly Industry 4.0 Ongoing Talent Challenges.

Internet of Things 53

Internet of Things Manufacturing ROI Machine Learning 53

datapine

OCTOBER 11, 2023

Being able to inform your strategies with actual facts instead of intuition will enable you to optimize your resources and ensure you are continuously improving. In time, this will help you increase customer satisfaction and skyrocket warehouse ROI. A good practice is to also calculate this metric for specific products.

Metrics 217

Metrics KPI Management Cost-Benefit 217

Smart Data Collective

MARCH 30, 2022

While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are. New ecommerce startups are discovering interesting ways to utilize analytics. Those that have a solid strategy predicated on it will have a higher ROI.

Analytics 116

Analytics Cost-Benefit Testing Dashboards 116

IBM Big Data Hub

NOVEMBER 30, 2023

A talent acquisition strategy is a comprehensive plan an organization develops to optimize its talent acquisition—the identification, attraction and retention of the right talent. Streamline the application process: Minimize the number of steps required and optimizing the application platform for user-friendliness.

Strategy 68

Strategy Cost-Benefit Consulting Data-driven 68

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

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. How many people are you reaching?

Analytics 52

Analytics Testing Predictive Analytics Data-driven 52

IBM Big Data Hub

FEBRUARY 14, 2024

AIOps is one of the fastest ways to boost ROI from digital transformation investments. Process automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience.

Cost-Benefit 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

Smart Data Collective

SEPTEMBER 12, 2019

The ROI of email marketing is exceptional already. This figure can be a lot higher if you use big data to properly optimize your campaigns. Big data helps aid predictive analytics so companies can prepare for future trends. Big data makes it easier to find out what content customers want and optimize it for devices.

Big Data 70

Big Data Marketing Data Strategy Strategy 70

BizAcuity

MAY 16, 2022

Such insights can be excellent fuel to marketing strategy, analytics, and campaign optimization. All of which can be used to increase profitability, gain better ROIs, and be better adapted to changing economic landscape and consumer behavior. We get critical business insights based on how well we leverage our business data.

Business Intelligence 52

Business Intelligence Data mining Visualization Data Lake 52

Smart Data Collective

APRIL 18, 2019

Even simple tactics can be optimized through predictive analytics, machine learning and other big data technologies. Here are some ways that smart brands can use big data to get the best ROI of their sticker marketing campaigns. Sticker printing is a prime example. Creating the perfect aesthetics for their stickers.

Big Data 96

Big Data Marketing Visualization Strategy 96

CIO Business Intelligence

FEBRUARY 14, 2023

AI continues to transform customer engagements and interactions with chatbots that use predictive analytics for real-time conversations. An enterprise data ecosystem architected to optimize data flowing in both directions. report they have established a data culture 26.5% report they have a data-driven organization 39.7%

Data Strategy 109

Data Strategy Strategy Machine Learning Data-driven 109

datapine

NOVEMBER 5, 2019

Predicting the future. When you need to secure a beneficial and positive performance for your business, a business performance management dashboard will obtain advanced features such as predictive analytics. You can clearly see the general overview followed by the specific performance of each campaign you have launched.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

datapine

MARCH 15, 2019

Vision: Intelligence data analysis, if implemented wisely, can also offer an unrivaled predictive vision for today’s discerning business. A recent study suggests that the use of predictive analytics in business can result in an ROI of up to 25%.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

Occam's Razor

AUGUST 22, 2011

Accuracy, Precision & Predictive Analytics. Multiplicity: Succeed Awesomely At Web Analytics 2.0! Rethink Web Analytics: Introducing Web Analytics 2.0. Data Mining And Predictive Analytics On Web Data Works? Five "Ecosystem" Challenges for Web Analytics Practitioners. 1: Visitors.

KPI 124

KPI Metrics Measurement ROI 124

CIO Business Intelligence

FEBRUARY 5, 2024

Key use cases powered by edge AI: Redefining possibilities Edge AI is redefining possibilities in every industry through a variety of use cases, such as: Manufacturing optimization: Edge AI enables predictive maintenance, automated quality control and process optimization to minimize downtime, improve production yield and maximize productivity.

Optimization 118

Optimization Data Governance IoT Enterprise 118

datapine

APRIL 22, 2020

Business intelligence: By gaining the ability to access past, real-time, and predictive analytics in addition to clearcut KPIs aimed at growth, evolution and professional development, you will enhance your team’s business intelligence skills – and ultimately, get ahead of your competitors. Primary KPIs: IT ROI.

Dashboards 189

Dashboards Key Performance Indicator Visualization Cost-Benefit 189

datapine

JANUARY 18, 2023

With this information in hand, businesses can build strategies based on analytical evidence and not simple intuition. With the use of the right BI reporting tool businesses can generate various types of analytical reports that include accurate forecasts via predictive analytics technologies.

Reporting 201

Reporting Metrics Dashboards Visualization 201

Cloudera

JANUARY 17, 2021

The data spun off its business is remarkable allowing advanced analytics use cases such as: Business Category. Marketing and Sales Optimization – . Rationalization of marketing and advertising spend producing the highest ROI. Pricing Optimization – . Customer Experience Optimization – .

Digital Transformation 64

Digital Transformation Cost-Benefit Manufacturing Sales 64

datapine

JANUARY 21, 2020

Operational optimization and forecasting. Business intelligence and reporting are not just focused on the tracking part, but include forecasting based on predictive analytics and artificial intelligence that can easily help avoid making a costly and time-consuming business decision. Cost optimization. Cost optimization.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

Alation

MARCH 21, 2023

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. Some companies struggle to optimize their data’s value and leverage analytics effectively.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Smart Data Collective

AUGUST 21, 2019

They can use many different types of machine learning and predictive analytics technology to get the most of it. You can use big data to segment customers, identify growing market opportunities and optimize campaigns far more effectively. The Different Types of Digital Products. eBooks are also the most common.

Big Data 78

Big Data Sales Marketing Predictive Analytics 78

Smart Data Collective

FEBRUARY 14, 2023

One of the biggest is that more financial institutions are using predictive analytics tools to assist with asset management. Predictive Asset Analytics, Riskalyze and Altruist are some of the tools that use predictive analytics to improve asset management for both individual and institutional investors.

Predictive Analytics 109

Predictive Analytics Management Analytics Risk 109

Corinium

APRIL 25, 2019

All assets need to be optimally leveraged for maximum business value while also being protected from misuse, whether there was malicious intent or not, and this needs to be the responsibility of whomever is responsible for that asset in the company. What do you recommend to organizations to harness this but also show a solid ROI?

Insurance 150

Insurance Risk IoT Cost-Benefit 150

IBM Big Data Hub

SEPTEMBER 11, 2023

Forrester’s 2022 Total Economic Impact Report for Data Management highlights the impact Db2 and the IBM data management portfolio is having for customers: Return on investment (ROI) of 241% and payback <6 months. How Db2, AI and hybrid cloud work together AI- i nfused intelligence in IBM Db2 v11.5

Machine Learning 91

Machine Learning Cost-Benefit IoT Data Warehouse 91

Smarten

JANUARY 7, 2020

The combination of a fast-paced business environment and a limited budget and limited resource reality means that most organizations must optimize resources and time to produce results. In the past, business intelligence was delivered to senior executives by IT and/or business analysts. What is Modern BI?

IT 52

IT Business Intelligence ROI Reporting 52

CDW Research Hub

JULY 12, 2021

It includes the advanced capabilities of performance optimization as well as self-service search and discovery. It offers great ROI. Big data fabric enabled by data virtualization integrates data, prepares it for predictive analytics, and makes it available to the consumer in real time. It goes far beyond data federation.

Data Governance 52

Data Governance ROI Big Data Data-driven 52

datapine

JULY 1, 2020

Ad hoc data analysis has offered businesses the means to drill down deep into very concentrated segments of data – or business aims – gaining the ability to spot trends that will provide the best return on investment (ROI). Professional software has built-in predictive analytics features that are simple, yet extremely powerful.

Reporting 260

Reporting Cost-Benefit Dashboards Visualization 260

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.

Predictive Analytics 59

Predictive Analytics Marketing Analytics Data-driven 59

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. As mentioned above, one of the great benefits of business intelligence and analytics is the ability to make informed data-based decisions.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. This is predictive power discovery. This is prescriptive power discovery.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Smart Data Collective

OCTOBER 13, 2021

How is Data Virtualization performance optimized? The best Data Virtualization platforms employ performance optimization techniques such as intelligent caches, task scheduling, delegation to sources, query optimization, asynchronous and parallel execution, etc., What is the cost and ROI of Data Virtualization?

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135

Smarten

DECEMBER 13, 2022

As businesses plan for data democratization, it is important to include a strategy to ensure that business users will accept augmented analytics solutions and adapt to the new Citizen Data Scientist role. Optimize resources. Optimize parts and inventory. Optimize schedules and training schedules. Manage costs.

Cost-Benefit 52

Cost-Benefit B2B Optimization Predictive Modeling 52

Smarten

JULY 9, 2018

It offers auto-recommendations and auto-suggestions to simplify use and allow business users to leverage predictive algorithms without the expertise and skill of a data scientist. 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