IBM Big Data Hub

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 82

Strategy Management Forecasting Cost-Benefit 82

Smart Data Collective

JANUARY 14, 2021

Investors are looking towards new machine learning capabilities to get more value out of their strategies by choosing better performing securities. A lot of experts have talked about the benefits of using predictive analytics technology to forecast the future prices of various financial assets , especially stocks.

Predictive Analytics 81

Predictive Analytics Forecasting Analytics Machine Learning 81

Smart Data Collective

JUNE 18, 2021

We have previously talked about the role of predictive analytics in helping solve crimes. Fortunately, machine learning and predictive analytics technology can also help on the other side of the equation. Predictive Analytics and Big Data Assists with Criminal Justice Reform.

Predictive Analytics 67

Predictive Analytics Forecasting Analytics Big Data 67

BizAcuity

MARCH 18, 2019

The consumer lending business is centered on the notion of managing the risk of borrower default. Credit scoring systems and predictive analytics model attempt to quantify uncertainty and provide guidance for identifying, measuring and monitoring risk. Benefits of Predictive Analytics in Unsecured Consumer Loan Industry.

Predictive Analytics 83

Predictive Analytics Analytics Cost-Benefit Data mining 83

BizAcuity

APRIL 28, 2019

Today, it’s no secret that most forward-thinking businesses are keenly following the latest developments on big data, artificial intelligence, machine learning, and predictive analytics. Predictive Analytics, a form of advanced analytics is also making great breakthroughs in the solving the debt collection problem.

Predictive Analytics 98

Predictive Analytics Analytics Big Data Data mining 98

Smarten

MAY 13, 2019

Self-serve, assisted predictive modeling and predictive analytics can help you to identify the customers who are most likely to leave and allow you to develop processes and strategies, as well as new marketing, new products and services, and other strategies that will improve customer retention and reduce customer churn.

Predictive Analytics 51

Predictive Analytics Analytics Predictive Modeling Advertising 51

Birst BI

OCTOBER 30, 2018

A personal crystal ball that predicts your days ahead is what financial services firms everywhere want. Every day, these companies pose questions such as: Will this new client provide a good return on investment, relative to the potential risk? Is this existing client a termination risk? Will this next trade return a profit?

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Smart Data Collective

NOVEMBER 7, 2019

The benefits of predictive analytics for businesses are numerous. However, predictive analytics can be just as valuable for solving employee retention problems. Towards Data Science discusses some of the benefits of predictive analytics with employee retention. There are three ways to deal with this issue…”.

Predictive Analytics 47

Predictive Analytics Analytics Cost-Benefit Risk 47

Decision Management Solutions

APRIL 23, 2019

, in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Let’s dive into greater detail on the second lever – Manage Risk Better. Insurers can also manage risk more effectively through continuous improvement.

Insurance 69

Insurance Risk Technology Management 69

Smart Data Collective

MARCH 2, 2023

Big data technology can significantly improve the company’s pricing strategy. Predictive analytics technology can help companies forecast demand One of the biggest challenges businesses face in any economy is predicting demand for their products or services. This helps companies adapt to meet their changing expectations.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Smart Data Collective

MARCH 29, 2019

One of the biggest difficulties that crypto traders, brokers and entrepreneurs face is a rising number of security risks. New advances in predictive analytics are helping solve many of these threats. This is where predictive analytics technology can be invaluable for security purposes.

Predictive Analytics 56

Predictive Analytics Analytics Analytics Technologies Software 56

Smarten

NOVEMBER 8, 2022

Planning Will Help Your Business Get the Most Out of a Citizen Data Scientist Strategy! Technology research firm Gartner has predicted that 50% of data scientist activities will be automated by artificial intelligence, easing the acute talent shortage. In most cases, the reason these projects fall short is because of poor planning.

Strategy 52

Strategy Digital Transformation Predictive Analytics Risk 52

Smart Data Collective

JULY 16, 2023

The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management. Optimizing hedge fund performance requires the implementation of intelligent strategies, from managing risks to maximizing returns, improving investor relations, and adapting to shifting market conditions.

ROI 71

ROI Data Analytics Analytics Risk Management 71

AWS Big Data

MARCH 26, 2024

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 68

Data Strategy Strategy Data Warehouse Prescriptive Analytics 68

CIO Business Intelligence

APRIL 8, 2024

Improving player safety in the NFL The NFL is leveraging AI and predictive analytics to improve player safety. Risk Mitigation Modeling can then be used to analyze training data and determine a player’s ideal training volume while minimizing injury risk. Souza’s advice: Cultivate curiosity.

Analytics 100

Analytics Broadcasting Predictive Analytics Metrics 100

Smart Data Collective

JULY 12, 2021

Moreover, they overlook the use of data and analytics when formulating strategies. The first step to achieving successful trades is analyzing the market and diligently outlining your strategy prior to trading. Use Data Analytics to Increase Knowledge. Helps Understand Risk with Predictive Analytics.

Big Data 129

Big Data Marketing Predictive Analytics Risk 129

IBM Big Data Hub

MAY 9, 2024

How can a healthcare provider improve its data governance strategy, especially considering the ripple effect of small changes? Data lineage can help.With data lineage, your team establishes a strong data governance strategy, enabling them to gain full control of your healthcare data pipeline.

Data Governance 67

Data Governance Data Quality Insurance Predictive Analytics 67

CIO Business Intelligence

APRIL 11, 2024

Governments cannot put their head in the sand and ignore change, but they operate in a highly complex, data-sensitive environment and can’t afford to take on fundamental business risks in the name of innovation. You don’t have to risk resiliency to embrace innovation.

Cost-Benefit 95

Cost-Benefit Predictive Analytics Data-driven Risk 95

BizAcuity

APRIL 25, 2022

Casinos would do well to think through their marketing strategies, to support growth, differentiate themselves from competitors, and strengthen their relationship with patrons and members. Casino Marketing strategy is digital. To start with, a fundamental digital casino marketing strategy encompasses: Website and Mobile.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

FineReport

APRIL 9, 2024

The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance. The integration of clinical data analysis tools empowers healthcare providers to leverage predictive analytics for proactive decision-making.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

Smart Data Collective

AUGUST 27, 2023

Data-driven insights help them make more informed decisions about tactics, substitutions, and game strategies. The Future of Football Analysis Predictive Analytics The next frontier in football analysis is predictive analytics. Personalized Training Regimens Data-driven analysis isn’t limited to match days.

Data Collection 85

Data Collection Broadcasting Data-driven Predictive Analytics 85

datapine

MARCH 8, 2021

One of the most striking elements of healthcare reporting and analytics is the ability to harness the power of historical and current data to spot potentially fatal medical issues in patients before they occur. This is a testament to the essential role of predictive analytics in the sector. Disease monitoring.

Reporting 198

Reporting KPI Management Cost-Benefit 198

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

Smart Data Collective

SEPTEMBER 7, 2021

This information can further be used in marketing strategies. Such predictive analytics can help to define what products will spike the biggest interest of the audience. Powered by big data, retailers can turn to a dynamic pricing strategy to analyze the market and adjust accordingly. Setting the optimal prices.

Big Data 124

Big Data Technology Cost-Benefit Predictive Analytics 124

datapine

OCTOBER 11, 2023

3) Top 15 Warehouse KPIs Examples 4) Warehouse KPI Dashboard Template The use of big data and analytics technologies has become increasingly popular across industries. Every day, more and more businesses realize the value of analyzing their own performance to boost strategies and achieve their goals.

Metrics 217

Metrics KPI Management Cost-Benefit 217

CIO Business Intelligence

FEBRUARY 27, 2024

AI-assisted automation can eliminate many manual tasks, reducing the risk of human error, which accounts for the most common network issues. A network platform approach allows IT organizations to reduce security risks proactively in the network. Cisco is here to help.

Risk 84

Risk Predictive Analytics Machine Learning Technology 84

IBM Big Data Hub

JUNE 29, 2023

This is why asset reliability is such a critical component of business strategy. Preventive and predictive maintenance Both preventive and predictive maintenance are maintenance strategies used by business leaders to increase asset reliability. Before we dive into it, let’s take a look at some relevant terms.

Cost-Benefit 80

Cost-Benefit Measurement Management Predictive Analytics 80

Cloudera

AUGUST 3, 2021

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Leveraging data where it lies.

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

Smart Data Collective

SEPTEMBER 12, 2023

Predictive Analytics Some advanced software solutions incorporate predictive analytics, which uses machine learning algorithms to anticipate customer needs and behaviors. For instance, the software can predict when a customer is likely to need a product refill and proactively send a reminder.

Software 98

Software Interactive Predictive Analytics Metrics 98

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. A performance report is an analytical tool that offers a visual overview of how a business is performing in a specific strategy, project, or department.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

datapine

MAY 2, 2023

This isn’t just valuable for the customer – it allows logistics companies to see patterns at play that can be used to optimize their delivery strategies. In other words, UPS found that turning into oncoming traffic was causing a lot of delays, wasted fuel, and increased safety risk. million miles.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Cloudera

JULY 19, 2022

It cited the large percentage of the workforce working remotely as creating potential risks for IT networks, and the new risks created by the necessity to conduct financial services online, including people less familiar with the protocols. Read our latest ebook to learn more about fighting crime using data and analytics.

Predictive Analytics 90

Predictive Analytics Risk Machine Learning Measurement 90

Smart Data Collective

MAY 19, 2023

AI also allows credit card companies to take advantage of predictive analytics capabilities, which can help make better decisions and identify trends in the market. Predictive analytics is now being used to enhance how credit and debit cards are used in real-time.

Analytics 79

Analytics Cost-Benefit Predictive Analytics Marketing 79

Smart Data Collective

SEPTEMBER 30, 2022

While “the dark side” of anything certainly has a sinister ring to it, the many risks and dangers linked with big data are often overlooked and treated as minor issues. Big data analytics makes it hard for any firm to keep any data files completely anonymous. Breaches That Result in Obstruction of Privacy.

Big Data 135

Big Data Data-driven Risk Measurement 135

Jen Stirrup

FEBRUARY 24, 2024

Problem-Solving Artificial Intelligence systems can leverage search and optimization algorithms to solve complex problems across many domains, from gaming strategies to logistics. Predictive analytics This Artificial Intelligence technique helps support all aspects of a small business.

Cost-Benefit 71

Cost-Benefit Data-driven Testing Sales 71

Smart Data Collective

JUNE 16, 2021

Call center analytics is changing the industry immensely. However, data analytics isn’t guaranteed to solve all call center challenges without the right strategy in place. Getting the necessary approval for some of the innovations is impossible due to the risks that the system is exposed to.

Data Analytics 88

Data Analytics Analytics Cost-Benefit Data mining 88

Smarten

MAY 13, 2019

While one may think of fraud most commonly associated with financial and banking organizations or IT functions or networks, industries like healthcare, government and public sector are also at risk. Businesses that are proactive in identifying these risks can better optimize resources and respond to changing trends and patterns.

Predictive Analytics 11

Predictive Analytics Analytics Predictive Modeling Risk 11