Smart Data Collective

SEPTEMBER 7, 2021

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Top technologies helping organisations accomplish business goals. Wondering why data analytics tools stand out among management, payment processing software and other retail software solutions ?

Big Data 125

Big Data Technology Cost-Benefit Predictive Analytics 125

Smart Data Collective

JULY 9, 2023

billion on analytics last year. There are many ways that data analytics can help e-commerce companies succeed. One benefit is that they can help with conversion rate optimization. By leveraging these tools, you can better understand your website visitors and make informed decisions to optimize your conversion rate further.

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

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

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 117

Management Analytics Predictive Analytics Cost-Benefit 117

Cloudera

SEPTEMBER 10, 2020

Cloudera has been named a Leader in The Forrester Wave : Notebook-Based Predictive Analytics and Machine Learning, Q3 2020. At Cloudera, we’re dedicated to your success — from industry-recognized technology to leading expert services, and our commitment to continued innovation. Looking To The Future.

Machine Learning 92

Machine Learning Predictive Analytics Analytics Enterprise 92

Smart Data Collective

JULY 24, 2023

Analytics technology has been a huge gamechanger for the sports industry. 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. Analytics technology has made it easier than ever to monitor fan engagement.

Analytics Technologies 79

Analytics Technologies Marketing Technology Analytics 79

IBM Big Data Hub

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. Drilling operations optimization : Drilling operations are complex and costly.

Technology 58

Technology Cost-Benefit Optimization Internet of Things 58

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. Search engine optimization (SEO): Deploying an AI solution to enhance search engine optimization (SEO) helps marketers increase page rankings and develop more sound strategies.

Marketing 87

Marketing Technology Advertising ROI 87

CIO Business Intelligence

APRIL 30, 2024

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. Bandwidth optimization. This optimization improves efficiency and reduces costs. Retail stores and smart homes can use AI at the edge technology to personalize user experiences.

Forecasting 104

Forecasting Optimization Advertising IoT 104

Jedox

JUNE 25, 2020

However, organizations won’t be able to fully embrace the benefits of flexible, real-time planning without properly adapting to flexible new technology solutions designed to improve planning and enterprise performance management. Using new technologies and tools. High levels of flexibility and real-time reactions are required.

Technology 94

Technology Finance Cost-Benefit Forecasting 94

CIO Business Intelligence

FEBRUARY 5, 2024

The integration of edge AI into enterprise ecosystems is not merely a routine technology upgrade, it’s a strategic imperative. Healthcare monitoring: Edge AI facilitates remote patient monitoring, predictive analytics and faster diagnostics, revolutionizing healthcare delivery and patient care.

Optimization 124

Optimization Data Governance IoT Enterprise 124

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 61

Optimization Forecasting Data-driven Strategy 61

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? , Predictive analytics can make a significant impact on lowering risk. Sell More , 2. Cost Less to Operate.

Insurance 75

Insurance Technology Predictive Analytics Risk 75

datapine

MARCH 15, 2019

explore data intelligence technologies, glance at information intelligence, and consider how these activities offer continued value in a real-life business context. Vision: Intelligence data analysis, if implemented wisely, can also offer an unrivaled predictive vision for today’s discerning business.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

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

BI-Survey

FEBRUARY 6, 2020

Recent years have seen extensive interest in topics around explorative BI such as advanced and predictive analytics. Modernizing and optimizing enterprise reporting – or classical BI – has not been such a priority for many of today’s organizations, even though it constitutes the backbone of information supply for decision support.

Reporting 59

Reporting Optimization Enterprise Data Quality 59

Smart Data Collective

APRIL 20, 2023

By implementing AI technology in your factory, you can automate processes and use your resources better, along with other benefits. Optimizing Bill Of Materials Bill of materials (BOM) is crucial to every factory’s production process. With AI, a business can optimize its BOM to improve its bottom line effectively.

Cost-Benefit 84

Cost-Benefit Predictive Analytics Optimization Machine Learning 84

CIO Business Intelligence

APRIL 11, 2024

Digital communications like video and chat, automation and AI, mobility, and so much more are now expected, especially after the pandemic: 94% of state technology leaders agree that COVID increased the demand for digital government services. A positive experience is crucial for building public trust, but the bar is continually being raised.

Cost-Benefit 104

Cost-Benefit Predictive Analytics Data-driven Risk 104

IBM Big Data Hub

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. The purpose of BPR is to streamline workflows , eliminate unnecessary steps and improve resource utilization.

Cost-Benefit 63

Cost-Benefit Finance Optimization Key Performance Indicator 63

CIO Business Intelligence

NOVEMBER 13, 2023

Advanced inventory management systems using real-time updates and predictive analytics derived from edge data allow you to forecast demand more accurately, optimize stock allocation, and minimize stock-outs across all channels. and order value by 61% while reducing returns by 40%. May 2022. [2]

Cost-Benefit 129

Cost-Benefit Sales Data-driven Statistics 129

IBM Big Data Hub

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. To mitigate these risks , companies need the resources and technology to develop robust contingency plans. But perhaps most relevant today are the capabilities within SCM to help mitigate disruption.

Strategy 89

Strategy Management Forecasting Cost-Benefit 89

Decision Management Solutions

APRIL 15, 2019

In February, we published a blog post on “Using Technology to Add Value in Insurance.” In that post, I referenced Matt Josefowticz’s recent article – Technology May be the Answer for Insurers, but What Was the Question? , That’s where Next Best Offer (NBO) technology (also called Next Best Action (NBA)) comes into play.

Insurance 63

Insurance Technology Predictive Analytics Sales 63

BA Learnings

JANUARY 2, 2023

Implement Changes Once the optimal solution is identified, roll out those changes across all relevant departments for them to take effect across the entire organization quickly and efficiently without disrupting existing operations too much during the implementation stage itself.

Data Analytics 130

Data Analytics Analytics Metrics Testing 130

Cloudera

JUNE 29, 2023

Technology alone would not have prevented the banking crisis, but the fact remains that financial institutions still aren’t leveraging technology as creatively, intelligently, and cost-effectively as they should be. Apply emerging technology to intraday liquidity management. Enhance counterparty risk assessment.

Data Architecture 83

Data Architecture Risk Management Risk Management 83

Smart Data Collective

AUGUST 15, 2019

However, even the most experienced PPC advertisers don’t appreciate the AI technology behind these platforms. Last year, Search Engine Land’s Frederick Vallaeys wrote an article on the AI technology behind PPC. AI can predict the CTR of future ads, as well as the impact on quality scores.

Optimization 64

Optimization Strategy Advertising Machine Learning 64

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

OCTOBER 1, 2022

The digital transformation of P&G’s manufacturing platform will enable the company to check product quality in real-time directly on the production line, maximize the resiliency of equipment while avoiding waste, and optimize the use of energy and water in manufacturing plants. Smart manufacturing at scale is a challenge.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

Smarten

JULY 13, 2023

Citizen Data Scientists Can Leverage Predictive Analytics for Real Actionable Intelligence! Gartner technology analysts predict that organizations leveraging augmented analytics solutions will grow at twice the rate of those that do not use these solutions.

Predictive Modeling 52

Predictive Modeling Predictive Analytics Cost-Benefit Advertising 52

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. ” “91.9%

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

DataKitchen

DECEMBER 9, 2022

ChatGPT> DataOps, or data operations, is a set of practices and technologies that organizations use to improve the speed, quality, and reliability of their data analytics processes. Query> DataOps. The goal of DataOps is to help organizations make better use of their data to drive business decisions and improve outcomes.

Machine Learning 130

Machine Learning Data-driven Optimization Modeling 130

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. A testament to the rising role of optimization in logistics. Why are logistics companies so interested in optimization?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. These data-driven insights empower managers to make informed decisions when it comes to optimizing the fund’s risk-return profile.

ROI 71

ROI Data Analytics Analytics Risk Management 71

Smart Data Collective

JUNE 18, 2019

There are a number of reasons that machine learning, data analytics and Hadoop technology are changing SEO: Machine learning is becoming more widely used in search engine algorithms. One is the evolution of predictive analytics. Big data is a very important part of any digital marketing strategy.

Data Processing 70

Data Processing Big Data Optimization Machine Learning 70

AWS Big Data

MAY 16, 2024

As technology continues to evolve, one specific facet of this journey is reaching unprecedented proportions: geospatial data. Because of this, many organizations are utilizing them as a support geography, aggregating their data to these grids to optimize both their storage and analysis.

Data Warehouse 87

Data Warehouse Visualization Cost-Benefit Optimization 87

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. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends.

Enterprise 107

Enterprise Interactive Data-driven Key Performance Indicator 107

IBM Big Data Hub

MAY 17, 2024

And these technologies provide brands with intelligent tools, enabling more productivity and efficiency than was possible even five years ago. Today the technology’s advanced capabilities encourage widespread adoption. Meanwhile, 43% are using the technology to inform strategic decisions.

B2B 49

B2B Interactive Optimization Forecasting 49

CIO Business Intelligence

JULY 5, 2022

What is business analytics? Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. Predictive analytics: What is likely to happen in the future? Prescriptive analytics: What do we need to do?

Business Analytics 135

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 135