Smart Data Collective

OCTOBER 6, 2023

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.

Management 130

Management Analytics Predictive Analytics Cost-Benefit 130

Smart Data Collective

JANUARY 26, 2022

Legal analytics is an evolving discipline that is changing the future of the legal profession. Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? We have had time to observe some major developments of legal analytics over the last year.

Data Analytics 103

Data Analytics Analytics Predictive Analytics Insurance 103

Smart Data Collective

JANUARY 10, 2023

Data analytics technology has led to a number of impressive changes in the financial industry. A growing number of financial professionals are investing in data analytics technology to provide better service to their customers. Financial analytics also helps financial planners better anticipate the needs of their clients.

Finance 122

Finance Data Analytics Analytics Big Data 122

Jedox

JANUARY 29, 2019

In today’s organizations, the role of financial controlling or FP&A is not only to provide financial insights so business partners can make better decisions, but it is also to lead the way towards a more mature use of analytics technology including predictive analytics for sales forecasting. Making AI Real (Part 2).

Predictive Analytics 41

Predictive Analytics Forecasting Sales Analytics 41

Smart Data Collective

MAY 3, 2022

Data analytics technology is helping businesses boost profitability in many ways. A few years ago, Walter Baker and his colleagues at McKinsey reported that one of the biggest advantages of big data in business is that it can help with pricing decisions. Data analytics technology helps companies establish better price points.

Data Analytics 111

Data Analytics Analytics Big Data Sales 111

Smart Data Collective

JUNE 12, 2019

Last year, the Washington Post reported that they adopted some new big data security standards. The good news is that new machine learning and predictive analytics technology is making it much more secure. Google is taking privacy more seriously these days. Big Data is the Key to Making Gmail Much More Secure.

Big Data 110

Big Data Machine Learning Predictive Analytics Software 110

Smart Data Collective

JULY 16, 2023

The market for financial analytics was worth $8.2 According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. The good news is that sophisticated predictive analytics algorithms can easily adapt to new market conditions.

ROI 97

ROI Data Analytics Analytics Risk Management 97

Smart Data Collective

FEBRUARY 20, 2022

One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. This is where big data technology has become so important. A report last July found that 30% of companies have a formal data strategy. More companies are investing in big data than ever these days.

Big Data 131

Big Data Management Finance Data-driven 131

Smart Data Collective

OCTOBER 25, 2023

More companies are turning to data analytics technology to improve efficiency, meet new milestones and gain a competitive edge in an increasingly globalized economy. One of the many ways that data analytics is shaping the business world has been with advances in business intelligence. For a beginner, it’s a lot in one place.

Key Performance Indicator 122

Key Performance Indicator Business Intelligence Data-driven OLAP 122

Decision Management Solutions

JULY 16, 2020

There are three critical success factors in becoming an analytic enterprise: Analytic Enterprises Put Business Decisions First The first critical success factor for analytic enterprises is keeping the focus on business results by beginning (and ending) with business decisions, not analytic technology.

Enterprise 87

Enterprise Analytics Strategy Analytics Technologies 87

Jedox

FEBRUARY 13, 2020

Pilot customers report their successful use of the Jedox AI engine. For controlling, this means using predictive analytics to produce more forward-looking analyses and increasingly decision-relevant forecasts instead of focusing on past tense reports. As a result, the demands on the financial sector are also changing.

Forecasting 58

Forecasting Predictive Analytics Sales Data Integration 58

Smarten

DECEMBER 28, 2022

Studies reveal that 83% of professionals depend on technology to collaborate and 82% said they would be negatively impacted if collaborative technology was lost. Discover the power of Flexible Augmented Analytics Technology and a Full Suite Of Collaborative Products , with intuitive, self-serve features.

Analytics 52

Analytics Predictive Analytics Visualization Reporting 52

Cloudera

OCTOBER 26, 2023

Trounce the competition Data and predictive analytical tools are widespread and easily accessible: do you know how your competitors are using them? Why not spend a Friday afternoon researching the business use cases that companies in your industry are solving with data and analytics technology?

Data-driven 77

Data-driven Predictive Analytics Forecasting Enterprise 77

Smarten

DECEMBER 3, 2023

You may wish to look for a solution that incorporates traditional BI with key performance indicators (KPIs) and flexible reporting and augmented analytics with AI, low-code and no-code technologies.’ What is self-service analytics? Augmented Analytics vs Predictive Analytics is not really a question.

Key Performance Indicator 52

Key Performance Indicator Analytics IT Predictive Analytics 52

Smarten

SEPTEMBER 9, 2024

‘To fulfill the role of a Citizen Data Scientist, business users today can leverage augmented analytics solutions; that is analytics that provide simple recommendations and suggestions to help users easily choose visualization and predictive analytics techniques from within the analytical tool without the need for expert analytical skills.’

Prescriptive Analytics 52

Prescriptive Analytics Predictive Analytics Data-driven Business Intelligence 52

Smart Data Collective

JUNE 30, 2023

They Use predictive analytics technology to better anticipate possible emergencies and the expected costs associated with them. According to the Federal Reserve’s latest quarterly report on household debt and credit , total household debt rose by $148 billion, or 0.9 percent, to $17.05 household debt was $16.90

Insurance 113

Insurance Finance Cost-Benefit Risk 113

Smarten

NOVEMBER 26, 2023

Find out how business intelligence and analytics technology can improve your enterprise, improve business user data literacy, and ensure analytical clarity and results with seamless, intuitive business intelligence and reporting.’ What is data literacy?

Business Intelligence 40

Business Intelligence Data-driven Advertising Reporting 40

Smarten

NOVEMBER 26, 2023

Even if the solution suite is the best around, if the vendor does not provide appropriate communication, reporting and support, you are on your own in solving problems (if and when there are any) and in the day-to-day use of the product. Traditional BI Tools include dashboards, key performance indicators (KPIs), reporting , graphs and charts.

Business Intelligence 40

Business Intelligence Key Performance Indicator ROI Dashboards 40

Smarten

SEPTEMBER 9, 2024

These individuals may already be ‘power users’ of business applications and may have developed and reported or presented data to others with an eye toward clarifying their decision-making. Citizen Data Scientist candidates may also be IT team members who are interested in data science.

Consulting 52

Consulting Cost-Benefit Data Science Business Intelligence 52

Jedox

OCTOBER 31, 2019

Planning, budgeting and reporting isn’t the only function in finance that can be automated and consequently simplified by software solutions. In addition, the automated process reduces risk and minimizes errors – resulting in consistent, accurate, and fast financial reporting. Advantages of software-based consolidation.

Software 40

Software Finance Reporting Risk 40

Smarten

DECEMBER 3, 2023

The business improved its click-through rate on social media by using augmented analytics to analyze and improve its existing social media presence. FreeCodeCamp reports success in augmented analytics across many industries and business functions, including Retail, Manufacturing, Healthcare, and Financial Services.

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

Jedox

FEBRUARY 20, 2020

ServiceMaster, a Fortune 1000 company headquartered in Memphis, Tennessee, has used Jedox for internal and external reporting for over three years. New insights into customer loyalty with ServiceMaster. To better assess customer loyalty to its “Terminix” brand, ServiceMaster conducted a pilot project with the Jedox AI solution.

Data Integration 52

Data Integration Finance Business Driver Forecasting 52

Smart Data Collective

MAY 19, 2021

They are exploring the wonders of AI and predictive analytics to drive these changes. One of the ways that companies are using data analytics is to identify market growth opportunities. Predictive analytics technology can help anticipate future demand and respond accordingly.

Data Analytics 98

Data Analytics Analytics Big Data Predictive Analytics 98

Grooper

AUGUST 19, 2019

Traditional data sources like end of month statements and quarterly reports are no longer enough. Access to enterprise-wide information fuels analytics solutions and enable a new approach for decision making. Technology to the rescue! It's not about the technology - or solving the data silo problem. Well, almost.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

datapine

AUGUST 29, 2022

And shows how big data and the advances in analytical technologies are shaping the way the world is perceived. 7) Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die by Eric Siegel. However, due to its vast application, predictive analytics should not concern only business professionals.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Jet Global

FEBRUARY 21, 2024

According to insightsoftware and Hanover Research’s 2024 Embedded Analytics Report , customizable dashboards are in demand. And for three-quarters of application developers (71%), 40% or more of their customers and end users customize their own dashboards and reports. The Embedded Analytics Buyer’s Guide Download Now 2.

Analytics 52

Analytics Dashboards Predictive Analytics Software 52

Jet Global

DECEMBER 12, 2024

Here, we share our embedded analytics highlights from 2024. Empowering Users to Create Reports Without IT Support Self-service reporting was a hot topic in embedded analytics this year. 2024 was a year defined by technological innovation in the embedded analytics space.

Analytics 52

Analytics Reporting Dashboards Business Intelligence 52

Jet Global

APRIL 18, 2024

Embedded Analytics Challenges – and How to Overcome Them Despite the benefits, it can still be difficult to get buy-in for BI and embedded analytics for your SaaS applications due to challenges like infrastructure costs, safety concerns, as well as uptime and scaling. Basic reporting is no longer enough. Here’s how.

Marketing 52

Marketing Analytics Data Processing Cost-Benefit 52

CIO Business Intelligence

OCTOBER 31, 2024

The key to getting value from both AI tools and AI solutions is to deploy them in the right way with the right expectations, the report’s authors say. Solutions like AI-driven fraud detection or predictive analytics systems are more complex, he adds. One reason may be because they have taken a one-size-fits-all approach to AI.

Data-driven 142

Data-driven Unstructured Data Experimentation Consulting 142