Smart Data Collective

APRIL 29, 2021

Big data has evolved from a technology buzzword into a real-world solution that helps companies and governments analyze data, extract the meaningful statistics, and apply it into their specific business needs. It’s not so much the realization that this information is collected, but what can be effectively done with it.

Big Data 126

Big Data Forecasting Unstructured Data Statistics 126

Occam's Razor

JUNE 25, 2012

The way data is collected online and what happens to it is a much-scrutinized issue (and rightly so). Digital data collection is also exceedingly complex, perhaps a reflection of the organic nature, and subsequent explosion, of the internet. Web Data Collection Context: Cookies and Tools.

Data Collection 131

Data Collection Advertising Metrics Reporting 131

Smart Data Collective

MARCH 27, 2020

With the technology available today, there’s even more data to draw from. The good news is that this new data can help lower your insurance rate. Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. Demographics. This includes: Age. Safety Features.

Insurance 137

Insurance Measurement Risk Cost-Benefit 137

Smart Data Collective

FEBRUARY 14, 2020

Big data is a great asset for countless people all over the world. A growing number of companies are relying on data to deliver more value for their customers. One report shows the market for big data could reach $103 billion in the next seven years. Unfortunately, big data comes with a price.

Big Data 124

Big Data Reporting Risk Advertising 124

Rocket-Powered Data Science

SEPTEMBER 18, 2018

For the modern digital organization, the proof of any inference (that drives decisions) should be in the data! Rich and diverse data collections enable more accurate and trustworthy conclusions. In “big data language”, we are talking about one of the 3 V’s of big data: big data Variety!

Big Data 103

Big Data Data Science Data Collection Measurement 103

Smart Data Collective

JULY 30, 2019

Big data is being used more frequently in healthcare facilities all over the world. One report shows that the global market for big data in healthcare is expected to reach $68.75 However, this figure misses some important nuances, such as which areas of medicine are using big data the most. billion in 2025.

Big Data 102

Big Data Software Risk Data Collection 102

Smart Data Collective

SEPTEMBER 14, 2022

A growing number of organizations are resorting to the use of big data. They have found that big data technology offers a number of benefits. However, utilizing big data is more difficult than it might seem. Companies must be aware of the different ways that data can be collected, aggregated and applied.

Data-driven 141

Data-driven Big Data Cost-Benefit Data Collection 141

Smart Data Collective

APRIL 5, 2019

Big data is playing a more important role than ever in fine-tuning the relationship between customers and brands. The Complex Role Between Big Data and Social Listening Tools. A number of companies use big data to provide better social listening capabilities.

Big Data 101

Big Data Interactive Data-driven Machine Learning 101

Rocket-Powered Data Science

MARCH 19, 2021

Focus on the strategies that aim these tools, talents, and technologies on reaching business mission and goals: e.g., data strategy, analytics strategy, observability strategy ( i.e., why and where are we deploying the data-streaming sensors, and what outcomes should they achieve?).

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Smart Data Collective

JULY 26, 2023

Big data has driven major changes in the e-commerce sector in recent years. One of the biggest benefits of data analytics is that it can help e-commerce brands optimize their logistics and fulfillment processes. Advances in big data have played a huge role in this shift. Keep reading to learn more.

Big Data 98

Big Data Data-driven Management Optimization 98

datapine

JANUARY 6, 2022

Based on that amount of data alone, it is clear the calling card of any successful enterprise in today’s global world will be the ability to analyze complex data, produce actionable insights and adapt to new market needs… all at the speed of thought. Business dashboards are the digital age tools for big data.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smart Data Collective

JUNE 21, 2023

We have talked about a number of the ways that business leaders are investing in big data technology and analytics. There are many reasons that the demand for big data in the human resources sector is growing so quickly HR professionals are using big data to make strategic decisions.

Data-driven 114

Data-driven Analytics Metrics Big Data 114

Rocket-Powered Data Science

JULY 13, 2023

Beyond the early days of data collection, where data was acquired primarily to measure what had happened (descriptive) or why something is happening (diagnostic), data collection now drives predictive models (forecasting the future) and prescriptive models (optimizing for “a better future”).

Analytics 167

Analytics Machine Learning Data Science Data Collection 167

AWS Big Data

DECEMBER 5, 2023

The counties that are in lighter shades represent limited survey responses and need to be included in the targeted data collection strategy. Finally, the dashboard’s user-friendly interface made survey data more accessible to a wider range of stakeholders. The first image shows the dashboard without any active filters.

Measurement 105

Measurement Dashboards Data Warehouse Analytics 105

Smart Data Collective

OCTOBER 4, 2023

Big data is more important for businesses than ever. Unfortunately, many are struggling to use data effectively. One study found that only 30% of companies have a well-articulated data strategy. Another survey showed only 13% of companies are meeting their data strategies’ goals.

Data-driven 125

Data-driven Advertising Data Collection Data Strategy 125

Rocket-Powered Data Science

JULY 7, 2019

Such approaches can enable more accurate and faster modeling and analysis of the characteristics and behaviors of a system and can exploit data in intelligent ways to convert them to new capabilities, including decision support systems with the accuracy of full scale modeling, efficient data collection, management, and data mining.

Internet of Things 157

Internet of Things Machine Learning Manufacturing IoT 157

O'Reilly on Data

JUNE 18, 2019

There has been a significant increase in our ability to build complex AI models for predictions, classifications, and various analytics tasks, and there’s an abundance of (fairly easy-to-use) tools that allow data scientists and analysts to provision complex models within days. Alex Ratner on “Creating large training data sets quickly”.

Machine Learning 279

Machine Learning Data Quality Statistics Modeling 279

Smart Data Collective

AUGUST 31, 2020

At Smart Data Collective, we have talked extensively about the benefits of big data in digital marketing. We have focused a lot on using data analytics for SEO. However, there are a lot of other benefits of using big data in marketing. Big data developments have heightened these benefits.

Data-driven 105

Data-driven Marketing Big Data Broadcasting 105

Smart Data Collective

OCTOBER 26, 2019

Having a physical off-site backup is a much better redundancy measure. RTO is crucial to ensuring that a business gets its data back into its systems after a system-wide shut down within a reasonable window. However, reasonable is a subjective measure. Big Data Storage Concerns. Conclusion.

Big Data 67

Big Data Data Lake Cost-Benefit Measurement 67

Smart Data Collective

SEPTEMBER 4, 2020

Big data is becoming increasingly important in business decision-making. The market for data analytics applications and solutions is expected to reach $105 billion by 2027. However, big data technology is only a viable tool for business decision-making if it is utilized appropriately. Write Down Your Objectives.

Data-driven 106

Data-driven Big Data Metrics Strategy 106

Smart Data Collective

DECEMBER 21, 2022

Big data technology has helped businesses make more informed decisions. A growing number of companies are developing sophisticated business intelligence models, which wouldn’t be possible without intricate data storage infrastructures. One of the biggest issues pertains to data quality.

Business Analytics 130

Business Analytics Analytics Data Quality Big Data 130

Smart Data Collective

NOVEMBER 5, 2020

Here at Smart Data Collective, we have talked about major changes that machine learning has created in the financial industry. Another security measure smart cards take is to react to possible dangers. Big data has disrupted the financial industry in countless ways. The market for smart cards will be worth $21.57

Machine Learning 142

Machine Learning Finance Data Collection Big Data 142

Smart Data Collective

MAY 4, 2023

UMass Global has a very insightful article on the growing relevance of big data in business. Big data has been discussed by business leaders since the 1990s. Professionals have found ways to use big data to transform businesses. One thing that they need to do is collect data their business needs.

Data mining 109

Data mining Big Data Data-driven Measurement 109

Smart Data Collective

SEPTEMBER 6, 2020

A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. How much of a role will big data play in ecommerce? billion on big data by 2025. But how should ecommerce platforms use big data effectively?

B2B 135

B2B Data Analytics Analytics Cost-Benefit 135

IBM Big Data Hub

AUGUST 3, 2023

Seven metrics that identify the relative success of your application health monitoring process Organizations need to have a comprehensive plan to ensure the health of their applications, but one key component of any application health monitoring process is data collection. Applications fail or underperform for many different reasons.

Measurement 63

Measurement Metrics Risk Software 63

Smart Data Collective

SEPTEMBER 17, 2020

Data precision has completely revamped our understanding of geography in countless ways. We also use big data to facilitate navigation. One of the tools that utilizes big data is Google Maps. The Emerging Role of Big Data with Google Analytics.

Visualization 134

Visualization Big Data Data mining Cost-Benefit 134

Smart Data Collective

NOVEMBER 16, 2021

Big data and client communication go hand in hand. Once they grow to thousands of records in size, the technology could establish itself as the best way to interpret and arrange data in the future. Using text analytics to measure sentiment can extend beyond what existing customers think. Enhanced Client Management.

Analytics 133

Analytics Unstructured Data Data Collection Software 133

Smart Data Collective

MARCH 28, 2022

Prescriptive data analytics: It is used to predict outcomes and necessary subsequent actions by combining the features of big data and AI. Diagnostic data analytics: It analyses the data from the past to identify the cause of an event by using techniques like data mining, data discovery, and drill down.

Data Analytics 105

Data Analytics Software Analytics Statistics 105

CIO Business Intelligence

AUGUST 18, 2023

Defined as quantifiable and objective behavioral and physiological data collected and measured by digital devices such as implantables, wearables, ingestibles, or portables, digital biomarkers enable pharmaceutical companies to conduct studies remotely without the need for a physical site.

Measurement 98

Measurement Data Quality Visualization Data Collection 98

Occam's Razor

APRIL 8, 2013

We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. First, you figure out what you want to improve; then you create an experiment; then you run the experiment; then you measure the results and decide what to do.

Metrics 157

Metrics KPI Analytics Key Performance Indicator 157

Smart Data Collective

DECEMBER 17, 2021

The process of Marketing Analytics consists of data collection, data analysis, and action plan development. Understanding your marketing data to make more informed and successful marketing strategy decisions is a systematic process. Types of Data Used in Marketing Analytics. Preparing the Data for Analysis.

Marketing Analytics 122

Marketing Analytics Marketing Data-driven Analytics 122

Smart Data Collective

MAY 25, 2023

Responsible data practices go beyond privacy and extend to the overall handling, processing, and sharing of information. Organizations must ensure that data is collected and used for legitimate purposes and that appropriate security measures are in place to protect it from unauthorized access or breaches.

Data Collection 105

Data Collection Data-driven Measurement Risk 105

Smart Data Collective

MAY 4, 2021

The market for big data is expected to be worth $274 billion by next year. This is hardly surprising, since so many businesses depend on data analytics to draw useful insights on every aspect of their business model. So, how exactly does data analysis benefit today’s modern businesses, and why it is worth learning more about?

Advertising 142

Advertising Marketing Data Collection Data Analytics 142

Smart Data Collective

NOVEMBER 1, 2023

Study employee performance metrics Performance metrics are a measure of how well team members are doing at their work. Studying historical data can help your company measure an employee onboarding process’s effectiveness. They reflect your business’s performance.

Metrics 120

Metrics Measurement Data-driven Optimization 120

Smart Data Collective

JULY 27, 2020

The massive advancement in technology is increasing the rate of real time monitoring, data collection, and data measurement. The changes in technology enable the massive integration of data into smart home technology and the existing environment site.

Technology 135

Technology Measurement Manufacturing Risk 135

Smart Data Collective

AUGUST 6, 2020

At Smart Data Collective, we have talked about a few impressive technological trends that are shaping modern business in the 21st-century. They might be choosing images based on their own supposition, rather than hard data that would prove the value of a given image. Artificial intelligence is the pillar of modern marketing.

Deep Learning 117

Deep Learning Visualization Data-driven Marketing 117

Smart Data Collective

OCTOBER 8, 2023

Methodologies in Deploying Data Analytics The application of data analytics in fast food legal cases requires a thorough understanding of the methodologies involved. This involves data collection , data cleaning, data analysis, and data interpretation.

Data Analytics 125

Data Analytics Analytics Statistics Data Collection 125