article thumbnail

Analytics Technology Redefines Social Media Marketing in Sports

Smart Data Collective

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. We will also cover some of the changes brought on by data analytics.

article thumbnail

6 trends framing the state of AI and ML

O'Reilly on Data

This likely doesn’t portend the end of interactions with occasionally helpful—and still sometimes horrifying —customer service chatbots. Tools and techniques like reinforcement learning and unsupervised learning open up new use cases, including decision support, interactive games, real-time retail recommendation engines, and data discovery.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Make Your Investment in Analytic Technology Pay Off With Decision Requirements Modeling

Decision Management Solutions

Like many enterprises, you’ve likely made a hefty investment in analytic technology—from interactive dashboards and advanced visualization tools to data mining, predictive analytics, machine learning (ML), and artificial intelligence (AI). All these elements have a significant role in analytic projects.

article thumbnail

Data Analytics is Very Valuable for Companies Improving their Cultures

Smart Data Collective

Data analytics technology is rapidly becoming a more integral part of many company cultures. Data analytics serves many different purposes. Data analytics can help them bridge that gap. Data analytics technology is making it easier for them to revamp their workplace management practices.

article thumbnail

8 Data-Driven Strategies to Improve Customer Engagement

Smart Data Collective

A growing number of companies are using data analytics technology to improve customer engagement. The good news is that data analytics technology can drastically improve your customer engagement strategy. How much can data analytics help companies with their customer service strategy?

article thumbnail

The Evolving Role of Analytics in Supply Chain Security

Smart Data Collective

Analytics technology has become fundamental to many aspects of organizational management. Some of the benefits of analytics actually have crossover with each other. For example, more companies than ever are using analytics to bolster their security.

Analytics 139
article thumbnail

The Surprising Benefits of Data Analytics for Furniture Stores

Smart Data Collective

Data analytics technology has played a huge role in the future of small businesses. One study from March 2020 showed that 67% of small businesses spend over $10,000 a year on data analytics. Bearing this in mind, taking advantage of the data that is created with every online interaction is crucial to conducting modern business.