Smarten

MAY 14, 2019

If a business wishes to optimize inventory, production and supply, it must have a comprehensive demand planning process; one that can forecast for customer segment growth, seasonality, planned product discounting or sales, bundling of products, etc. Marketing Optimization. Predictive Analytics Using External Data.

Predictive Analytics 56

Predictive Analytics Analytics Predictive Modeling Forecasting 56

FineReport

APRIL 9, 2024

From advanced analytics to predictive modeling, the evolving landscape of business intelligence is revolutionizing how data is processed and leveraged for actionable insights. These benefits include enhanced operational efficiency through streamlined processes and optimized resource allocation.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

OCTOBER 4, 2022

They identified two architectural elements for processing and delivering data: the “data platform,” which covers the sourcing, ingestion, and storage of data sets, and the “machine learning (ML) system,” which trains and productizes predictive models using input data. Putting data in the hands of the people that need it.

Machine Learning 114

Machine Learning Data Architecture Uncertainty Data-driven 114

Smarten

NOVEMBER 26, 2018

With the right predictive analytics tool, your business can hypothesize, test theories, discover the effects of a possible price increase, discover and address changing buying behavior and develop appropriate competitive strategies.

Predictive Analytics 58

Predictive Analytics Predictive Modeling Analytics Forecasting 58

CIO Business Intelligence

MARCH 22, 2022

Two groups of researchers are already using Nvidia’s Modulus AI framework for developing physics machine learning models and its Omniverse 3D virtual world simulation platform to forecast the weather with greater confidence and speed, and to optimize the design of wind farms.

Modeling 138

Modeling Machine Learning Forecasting Optimization 138

Smarten

MARCH 23, 2020

Predictive Analytics for Business Users = Assisted Predictive Modeling! These types of decision-making can be particularly dangerous to your business when they are applied to predicting and forecasting. Are you tired of using guesswork and opinions to make business decisions?

Predictive Analytics 52

Predictive Analytics Forecasting Predictive Modeling Analytics 52

IBM Big Data Hub

MAY 17, 2024

Use case 1: AI for modernization and business model expansion AI-powered tools can be incredibly valuable in optimizing and modernizing business operations throughout the customer journey, but it is critical in the commerce continuum. This content includes product descriptions, images, videos and even interactive experiences.

B2B 67

B2B Interactive Optimization Forecasting 67

Smarten

MAY 17, 2019

Predictive analytics can help the business to understand online buying behavior, and when, where and how to serve ads, market products and offer discounts or other incentives. Predictive analytics will help you optimize your marketing budget and improve brand loyalty. Marketing Optimization. Customer Targeting.

Predictive Analytics 51

Predictive Analytics Marketing Analytics Predictive Modeling 51

Smarten

JUNE 8, 2022

‘Citizen Data Scientists can create new models, share models and collaborate, thereby improving business results and data literacy.’. In this article, we provide some examples of what a Citizen Data Scientist can do to advance the goals and interests of the organization and optimize their productivity and performance.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Forecasting Optimization 52

Sisense

JANUARY 26, 2020

The process of producing goods is an enormous opportunity for data optimization. Raw materials need to be ordered, received, constructed, packaged, and shipped out for sale in the most efficient manner possible. Skullcandy’s dive into predictive analytics started with the challenge of understanding return rates on new products.

Predictive Analytics 78

Predictive Analytics Manufacturing Analytics Forecasting 78

CIO Business Intelligence

AUGUST 7, 2023

Barrios rides shotgun on sales calls, spends time observing winemakers, and drops into meetings with sales and operations planning and the supply chain groups on a regular basis. It wasn’t a sales tool; it was a Qualcomm tool.”

IT 96

IT Sales Manufacturing Cost-Benefit 96

Smarten

SEPTEMBER 26, 2018

How Can My Business Use Assisted Predictive Modeling to Optimize Resources? There was a time, not so long ago, when predictive analysis, business forecasting and planning for results involved guesswork and lots of unscientific review of historical data.

Predictive Modeling 40

Predictive Modeling Predictive Analytics Forecasting Optimization 40

IBM Big Data Hub

APRIL 28, 2022

To truly understand the data fabric’s value, let’s look at a retail supply chain use case where a data scientist wants to predict product back orders so that they can maintain optimal inventory levels and prevent customer churn.

Metadata 81

Metadata Data Warehouse Forecasting Predictive Modeling 81

Smart Data Collective

SEPTEMBER 17, 2020

Financial and banking industries worldwide are now exploring new and intriguing techniques through which they can smoothly incorporate big data analytics in their systems for optimal results. Financial and banking corporations are learning how to balance Big Data with their services to boost profits and sales.

Big Data 142

Big Data Finance Risk Management Risk 142

Smarten

MAY 15, 2019

If an organization is going to successfully target customers and make optimal use of its marketing budget, it must understand customer buying behavior, and categorize its products and services to target the right customer segments and preferences. Marketing Optimization. Predictive Analytics Using External Data. Customer Churn.

Predictive Analytics 51

Predictive Analytics Analytics Predictive Modeling Recreation/Entertainment 51

Smarten

DECEMBER 17, 2018

Tools like Assisted Predictive Modeling allow the average business user to become a Citizen Data Scientist with tools that offer guidance and auto-suggestions to help the user arrive at the outcome they need without being frustrated or having to call in an army of analysts and IT staff to help them complete their analysis.

Predictive Analytics 40

Predictive Analytics Predictive Modeling Analytics Statistics 40

DataKitchen

JUNE 19, 2023

This action involves testing the results of data models for accuracy and relevance, evaluating the effectiveness of data visualizations, ensuring that data delivery mechanisms are operating optimally, and checking the data utilization to ensure it meets its intended purpose. The value here is improved end-user experienc e.

Testing 130

Testing Cost-Benefit Metrics Data Quality 130

Sisense

MARCH 7, 2021

Read on to find out how Measuremen optimizes workspace utilization, Skullcandy minimizes product returns, and Air Canada improves airline safety. Measuremen: Optimizing facilities use with data from numerous sources. Additional data sources increase your chances to inform actions, fueling top-line and bottom-line growth.

Slice and Dice 98

Slice and Dice Data-driven Cost-Benefit Forecasting 98

Smart Data Collective

APRIL 10, 2020

As a result of a more personalized approach to marketing, you will be able to create a more loyal following for your brand, which will help make more sales in the long run and help you discover what most of your branding efforts should focus on. Cut Costs & Improve Efficiency.

Big Data 138

Big Data Cost-Benefit Metrics Marketing 138

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

DataRobot

JUNE 15, 2021

This allows any user, regardless of their technical expertise, to quickly turn a deployed model into a rich AI application without requiring any coding. This means that any predictive model can become an AI app in minutes, putting the power of DataRobot directly in the hands of your front line decision-makers.

Optimization 52

Optimization Predictive Modeling Metadata Modeling 52

Smarten

APRIL 2, 2019

Advanced analytics is the logical tool to help a business optimize its investments and achieve its goals. But, when an organization is ready to consider the implementation of an Advanced Analytics solution, it is difficult to know what it needs to ensure that it can satisfy current and future requirements and ensure user adoption.

Analytics 40

Analytics Predictive Modeling Visualization Cost-Benefit 40

IBM Big Data Hub

OCTOBER 16, 2023

Machine learning in marketing and sales According to Forbes , marketing and sales teams prioritize AI and ML more than any other enterprise department. Marketers use ML for lead generation, data analytics, online searches and search engine optimization (SEO). Many stock market transactions use ML.

Machine Learning 49

Machine Learning Marketing Forecasting Modeling 49

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’. About Smarten.

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

DataRobot

AUGUST 15, 2019

Pepper Spain is one of the leading providers of consumer finance services in Spain, working with point-of-sale retailers across all industries to give them the best financing options for their business needs.

Finance 9

Finance Machine Learning Optimization Predictive Modeling 9

Alation

APRIL 25, 2023

Predictive models indicate that the machine learning market will grow at a compound annual growth rate (CAGR) of 38.8% Whether you deal in customer contact information, website traffic statistics, sales data, or some other type of valuable information, you’ll need to put a framework of policies in place to manage your data seamlessly.

Data Governance 52

Data Governance Marketing Machine Learning Sales 52

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

BizAcuity

APRIL 25, 2022

To fully utilize the benefit, high-end algorithms are deployed on digital assets and then data analysis is done to produce optimized marketing campaigns. Predictive Analytics. There is a need for a predictive analytics tool that can individually target each customer at right time to drive additional revenue. Floor Optimization.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

Alation

APRIL 25, 2023

Predictive models indicate that the machine learning market will grow at a compound annual growth rate (CAGR) of 38.8% Whether you deal in customer contact information, website traffic statistics, sales data, or some other type of valuable information, you’ll need to put a framework of policies in place to manage your data seamlessly.

Data Governance 40

Data Governance Marketing Machine Learning Sales 40

DataKitchen

SEPTEMBER 21, 2023

L1 is usually the raw, unprocessed data ingested directly from various sources; L2 is an intermediate layer featuring data that has undergone some form of transformation or cleaning; and L3 contains highly processed, optimized, and typically ready for analytics and decision-making processes. What is Data in Use?

Testing 169

Testing Data Quality Predictive Modeling Metrics 169

Rocket-Powered Data Science

FEBRUARY 12, 2021

IA incorporates feedback, learning, improvement, and optimization in the automation loop. Interest in AI is high and growing, specifically in the areas of smart analytics, customer-centricity, chatbots, and predictive modeling. The average ROI from RPA/IA deployments is 250%.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

CIO Business Intelligence

MAY 10, 2022

Gartner defines a CDP as “a marketing technology that unifies a company’s customer data from marketing and other channels to enable customer modeling and to optimize the timing and targeting of messages and offers.”. It requires SQL for optimal use, so is best suited for data engineers and analysts. Bloomreach Engagement.

Advertising 118

Advertising Interactive Marketing Data Integration 118

Cloudera

SEPTEMBER 7, 2023

Push predictive analytics to optimize operations and enhance profitability. Glean insights into customer behavior and market trends that also correspond to overlooked sales opportunities. Tap the power of AI to model the potential impact of regulatory changes, ensuring that you’re one step ahead in compliance.

Insurance 78

Insurance Risk Data-driven Finance 78

DataRobot Blog

DECEMBER 1, 2022

Companies offer incentives such as coupons to boost sales. You might then select a specific coupon for everyone in that segment to increase quarterly sales. To get started with DataRobot, connect or import the datasets you already have from your existing mar-tech, CRM, and offline sales and marketing channels.

Machine Learning 52

Machine Learning Marketing Modeling Statistics 52

CIO Business Intelligence

AUGUST 15, 2023

Gary Desai (EVP and CIO) and Tom Williams (Chief Experience Officer), Discount Tire Gary Desai and Tom Williams / Discount Tire Pit Pass store customers can order tires online, schedule an installation appointment, and then complete the sale and installation process via a drive-through lane.

IT 98

IT Manufacturing IoT Cost-Benefit 98

AWS Big Data

JANUARY 25, 2023

An Amazon Personalize job predicts for each line of input data (restaurants and restaurant articles) and produces ML-generated recommendations in the designated S3 output folder. The recommendation records are surfaced using interaction data, product data, and predictive models. Sangha Yang is the Head of IT team at SikSin.

Visualization 78

Visualization Interactive Modeling Machine Learning 78

Occam's Razor

JANUARY 7, 2019

Google Optimize will be one of your BFFs in this quest. Does swapping out male model posters for cute animals triple sales? Businesses win when you optimize for a portfolio, because at any given time only a tiny fraction of people want to buy. Throw away your custom attribution model.

Marketing Analytics 88

Marketing Analytics Marketing Analytics Strategy 88