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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Big data technology can significantly improve the company’s pricing strategy. Therefore, it is a good idea to have predictive analytics models that account for these variables.

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Enhance your Lending with Predictive Analytics

BizAcuity

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 enhances the Lending Process.

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Managing Seasonal Fluctuations in Retail with Analytics

Smart Data Collective

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.

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Highlights from the Strata Data Conference in San Francisco 2019

O'Reilly on Data

Streamlining your data assets: A strategy for the journey to AI. Watch " Streamlining your data assets: A strategy for the journey to AI.". Elizabeth Svoboda explains how biosensors and predictive analytics are being applied by political campaigns and what they mean for the future of free and fair elections.

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Real-time Data, Machine Learning, and Results: The Evidence Mounts

CIO Business Intelligence

By Bryan Kirschner, Vice President, Strategy at DataStax. As they put it, “Such co-inventions include machine learning applications and predictive analytics embedded across the organization in various business processes, which increase the value of work conducted by data users and decision-makers.”.

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AES enlists AI to boost its sustainable energy business

CIO Business Intelligence

But with the addition of more renewable energy to its portfolio, weather uncertainty becomes a greater challenge for AES. The project, dubbed Farseer AI Generation Forecasting and Market Automation Program, was developed by a handful of AES data scientists in partnership with Google.

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Big Data: The Technology Behind Retailers Success

Smart Data Collective

Data-based insights can help make the right decisions, keep up with market trends and navigate the uncertainty. 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. Setting the optimal prices.

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