Smart Data Collective

MARCH 3, 2021

The firms that bill their clients on an hourly rate tend to experience internal tension because they believe that analytics would disturb their profitability. Therefore, they should be willing to integrate technology into their processes and do alternative fee agreements to use big data to accelerate cases.

Analytics 126

Analytics Big Data Predictive Modeling Insurance 126

Smart Data Collective

DECEMBER 12, 2020

This is primarily due to the fact the technology in the space is scaling to unprecedented levels at such a fast rate. These analytics are much more accurate and include more data that allows better predictive models to be created. Risk Assessment. million by 2023. Recognizing Profitable New Markets.

Big Data 136

Big Data Machine Learning Finance Predictive Modeling 136

Rocket-Powered Data Science

OCTOBER 6, 2023

Using the same statistical terminology, the conditional probability P(Y|X) (the probability of Y occurring, given the presence of precondition X) is an expression of predictive analytics. By exploring and analyzing the business data, analysts and data scientists can search for and uncover such predictive relationships.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

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

JUNE 7, 2022

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

Data Analytics 122

Data Analytics Diagnostic Analytics Management Analytics 122

Smarten

JUNE 8, 2022

According to technology research firm, Gartner, the number of Citizen Data Scientists will grow at five times the rate of traditional data scientists. What follows is a short list of sample use cases that leverage predictive analytics. If that’s the case, there must be something to this trend, right?

Predictive Analytics 52

Predictive Analytics Predictive Modeling Forecasting Optimization 52

DataRobot

JANUARY 20, 2022

. — Snowflake and DataRobot AI Cloud Platform is built around the need to enable secure and efficient data sharing, the integration of disparate data sources, and the enablement of intuitive operational and clinical predictive analytics. Technology Alliance. Building data communities. . – Public sector data sharing.

Data-driven 145

Data-driven Experimentation Modeling Predictive Modeling 145

Cloudera

SEPTEMBER 7, 2023

With the emergence of new creative AI algorithms like large language models (LLM) fromOpenAI’s ChatGPT, Google’s Bard, Meta’s LLaMa, and Bloomberg’s BloombergGPT—awareness, interest and adoption of AI use cases across industries is at an all time high. It’s the most revolutionary technological development in at least a generation.

Insurance 81

Insurance Risk Data-driven Finance 81

Smarten

JANUARY 27, 2023

Predictive Analytics – Your business users should not need to seek the advice of a data scientist to forecast and predict. Natural Language Processing – If you truly want BI democratization, you must give your users the tools they are used to having when they use technology at work or at home.

Analytics 52

Analytics Business Intelligence Predictive Modeling Predictive Analytics 52

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 80

Cost-Benefit Measurement Management Predictive Analytics 80

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. AI models analyze vast amounts of data quickly and accurately. Today the technology’s advanced capabilities encourage widespread adoption.

B2B 65

B2B Interactive Optimization Forecasting 65

datapine

DECEMBER 4, 2019

Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Approaches need to take this dynamic nature into mind.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

IBM Big Data Hub

DECEMBER 20, 2023

Machine learning (ML) technologies can drive decision-making in virtually all industries, from healthcare to human resources to finance and in myriad use cases, like computer vision , large language models (LLMs), speech recognition, self-driving cars and more. Manage a range of machine learning models with watstonx.ai

Machine Learning 75

Machine Learning Modeling Deep Learning Predictive Modeling 75

datapine

MARCH 25, 2022

There is not a clear line between business intelligence and analytics, but they are extremely connected and interlaced in their approach towards resolving business issues, providing insights on past and present data, and defining future decisions. A fundamental differentiation factor is in the method each of them uses as a base.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

IBM Big Data Hub

FEBRUARY 14, 2024

McDonald’s is building AI solutions for customer care with IBM Watson AI technology and NLP to accelerate the development of its automated order taking (AOT) technology. Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

Smarten

DECEMBER 3, 2023

Why is augmented analytics an important factor in your success? Executives tend to look at technology from the lens of expense and time, and your team is probably no different. The benefits of self service analytics are too numerous to mention. One such example focuses on Coca-Cola.

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

IBM Big Data Hub

JULY 6, 2023

Some examples of data science use cases include: An international bank uses ML-powered credit risk models to deliver faster loans over a mobile app. An AI-based medical assessment platform analyzes medical records to determine a patient’s risk of stroke and predict treatment plan success rates.

Machine Learning 55

Machine Learning Data Science Statistics Deep Learning 55

BizAcuity

APRIL 25, 2022

Predictive Analytics. Gaming analytics is still evolving. Most of the casino analytics tools are backward-looking. There is a need for a predictive analytics tool that can individually target each customer at right time to drive additional revenue. An AI model can also help address player churn.It

Marketing 52

Marketing Strategy ROI Digital Transformation 52

FineReport

APRIL 24, 2024

Lastly, considering future scalability and advancements in technology is essential when choosing a visualization tool. Opting for tools that offer flexibility in adapting to evolving analytical needs ensures long-term relevance and sustainability in addressing changing business requirements.

Visualization 52

Visualization Dashboards Interactive Key Performance Indicator 52

Jet Global

MAY 1, 2023

BI is a set of independent systems (technologies, processes, people, etc.) And Manufacturing and Technology, both 11.6 The Hitchhiker’s Guide to Embedded Analytics Download Now Section 2: Embedded Analytics: No Longer a Want but a Need Find out how major shifts in technology are driving the need for embedded analytics.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52