Smart Data Collective

JUNE 8, 2023

many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. The Sports Analytics Market is expected to be worth over $22 billion by 2030. Liam Fox, a contributor for Forbes detailed some of the ways that data analytics is changing the NFL.

Data Analytics 105

Data Analytics Analytics Data Collection Statistics 105

CIO Business Intelligence

APRIL 15, 2022

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

Analytics 145

Analytics Machine Learning Insurance Testing 145

datapine

JANUARY 6, 2022

For a more in-depth review of scales of measurement, read our article on data analysis questions. Predictive analysis: As its name suggests, the predictive analysis method aims to predict future developments by analyzing historical and current data. There is always an arbitrary zero point.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

datapine

FEBRUARY 17, 2023

A report from Logi Analytics found that 83% of respondents don’t like to switch between standalone analytics apps and would rather use just one. Moreover, 93% of people within applications teams are currently using embedded business analytics. So, what makes embedded business intelligence software such a hot topic?

Analytics 191

Analytics Cost-Benefit Dashboards Business Intelligence 191

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. For more information about data trend and pattern analysis techniques, read our article entitled, ‘ What Are Data Trends and Patterns, and How Do They Impact Business Decisions?’

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Smarten

JUNE 26, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series of errors. What is ARIMA Forecasting?

Forecasting 40

Forecasting Enterprise IT Sales 40

Smarten

JUNE 20, 2018

In this article, we will focus on the identification and exploration of data patterns and the trends that data reveals. The business can use this information for forecasting and planning, and to test theories and strategies. In this article, we have reviewed and explained the types of trend and pattern analysis.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smarten

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools.

Analytics 40

Analytics Forecasting Statistics Sales 40

Smarten

JUNE 29, 2018

This article explains the Karl Pearson Correlation method of analysis, and how it can be applied in business. What is the Karl Pearson Correlation Analytical Technique? Correlation is a statistical measure that indicates the extent to which two variables fluctuate together.

Enterprise 40

Enterprise Statistics IT Business Intelligence 40

Smarten

JUNE 29, 2018

This article describes the Simple Linear Regression method of analysis. This method helps a business to identify the relationship between X and Y and the nature and direction of that relationship. What is Simple Linear Regression?

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

Smarten

JUNE 27, 2018

This article presents a brief explanation of Outliers, and how this type of analysis is used. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 28, 2018

This article discusses the analytical method of Hierarchical Clustering and how it can be used within an organization for analytical purposes. What is Hierarchical Clustering?

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Sisense

AUGUST 19, 2020

Big data, analytics, cloud computing, data mining, data science — the buzzwords of the modern data and analytics industry — have taken every business and organization by storm, no matter the scale or nature of the business. Competitors in the healthcare sector are trying to follow suit.

Big Data 52

Big Data Machine Learning Digital Transformation Data-driven 52

Smarten

JUNE 25, 2018

This article provides a brief explanation of the KMeans Clustering algorithm. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

Smarten

JUNE 26, 2018

This article provides a brief definition of the multinomial-logistic regression classification algorithm and its uses and benefits. What is the Multinomial-Logistic Regression Classification Algorithm?

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 26, 2018

This article provides a brief explanation of the FP Growth technique of Frequent Pattern Mining. Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible in some self-serve business intelligence solutions. What is the FP Growth Algorithm?

Business Intelligence 40

Business Intelligence Sales Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

In this article, we will discuss the Binary Logistic Regression Classification method of analysis, and how it can be used in business. What is Binary Logistic Regression Classification? Logistic regression measures the relationship between the categorical target variable and one or more independent variables.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 29, 2018

This article discusses the analytical technique known as Sampling and provides a brief explanation of two types of sampling analysis, and how each of these methods is applied. What is Sampling Analysis?

Analytics 40

Analytics Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

This article focuses on the Independent Samples T Test technique of Hypothesis testing. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 21, 2018

This article provides a brief explanation of the Holt-Winters Forecasting model and its application in the business environment. Time series forecasting methods are used to extract and analyze data and statistics and characterize results to more accurately predict the future based on historical data.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Smarten

JUNE 26, 2018

This article describes chi square test of association and hypothesis testing. This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. What is the Chi Square Test of Association Method of Hypothesis Testing?

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 29, 2018

In this article, we will discuss the KNN Classification method of analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

This article will focus on the Naïve Bayes Classification method of analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise IT Business Intelligence Forecasting 40

Smarten

NOVEMBER 26, 2023

The Benefits of Business Intelligence (BI) As the Business Intelligence solution market evolves, it may be difficult for an organization to know when to invest in these tools, and which tools are best for enterprise and user needs. In this article, we will discuss the benefits of implementing BI tools within your organization.

Business Intelligence 40

Business Intelligence Data-driven Advertising Reporting 40

Smarten

JUNE 27, 2018

In this article, we will discuss the Decision Tree analysis method. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

This article discusses the Paired Sample T Test method of hypothesis testing and analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Smarten

JUNE 29, 2018

In this article, we discuss the analytical method known as frequent pattern mining, previously known as ‘association’ What is Frequent Pattern Mining?

Business Analysis 40

Business Analysis IT Business Intelligence Sales 40

Smarten

JUNE 25, 2018

This article provides a brief explanation of the definition and uses of the Descriptive Statistics algorithms. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

FineReport

MARCH 24, 2024

This article explores the data analyst job description, covering essential skills, tools, education, certifications, and experience. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Sales 52

Smarten

SEPTEMBER 15, 2017

Team members are more likely to take this initiative seriously if senior executives use and understand these tools and can engage in meaningful discussions when presented with reports or when discussing issues or opportunities revealed by data analytics.

Analytics 40

Analytics Statistics Data Governance Cost-Benefit 40

Domino Data Lab

JULY 22, 2019

You know, case in point, if you were to talk about predictive analytics 20 years ago, the main people in the field would have laughed you out of the room. Predictive analytics, yeah, not so much.” Greg Linden ‘s article about splitting the website on Amazon. We have an article on this on Domino.

Data Science 109

Data Science Machine Learning Data Governance Modeling 109

Smarten

JANUARY 6, 2025

In addition, the use of low code and no code techniques and platforms allows for improved performance, and provides the flexibility to address rapidly changing user and business requirements as well as allowing the solution vendor to quickly add features and upgrade the solution to keep it evergreen.

Predictive Analytics 40

Predictive Analytics Key Performance Indicator Analytics Predictive Modeling 40

Smarten

JANUARY 6, 2025

Be Sure You Choose the Right Low Code No Code BI and Analytics By some reports, the no-code and low-code development platform market is expected to grow from $10.3 No code predictive analytics , low code data analytics and no code business intelligence solutions provide numerous advantages and benefits to the enterprise and its users.

Predictive Analytics 40

Predictive Analytics Analytics Business Intelligence Cost-Benefit 40

Smarten

JANUARY 6, 2025

If you are interested in finding out more about this topic, and about how low-code, no-code (LCNC) can be used to enhance analytics and change the approach of the self-serve, augmented analytics market, this article will provide you with a primer.

Marketing 40

Marketing Predictive Analytics Analytics IT 40

Smarten

JANUARY 6, 2025

Users and businesses will enjoy a more personalized experience, more seamless contextual awareness and more responsive user interfaces for data preparation, predictive analytics, data visualization, and clear, concise dashboards and reports. Download a free trial of Smarten Analytics software.

Predictive Analytics 40

Predictive Analytics Cost-Benefit Business Intelligence Visualization 40