Smart Data Collective

AUGUST 23, 2022

Are you running a company with a focus on big data? One survey showed that 32% of companies have a formal big data strategy. These companies tend to be far more profitable than businesses that do not utilize big data. Companies using big data will have an easier time if they do this.

Big Data 97

Big Data Data Strategy Strategy Data-driven 97

Smart Data Collective

FEBRUARY 20, 2022

More companies are investing in big data than ever these days. One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. If you are running a business that has not yet adapted a data strategy, you should keep reading.

Big Data 122

Big Data Management Finance Data-driven 122

Smart Data Collective

DECEMBER 22, 2021

Big data technology is one of the most important forms of technology that new startups must use to gain a competitive edge. The success of your startup might depend on your ability to use big data to your full advantage. The right data strategy can help your startup become profitable.

Big Data 140

Big Data Data mining Data-driven Predictive Analytics 140

Smart Data Collective

JULY 1, 2024

Digital Whiteboards: Revolutionize your data strategy with tools that transform big data into actionable insights.

Big Data 102

Big Data Data Strategy Strategy 102

Smart Data Collective

OCTOBER 3, 2023

Healthcare providers are investing more heavily in big data technology, as they strive to deal with growing challenges such as declining operating margins and an increasingly complex regulatory environment. However, many healthcare providers lack the technology or knowledge to use data prudently.

Data Strategy 125

Data Strategy Strategy Insurance Data-driven 125

Smart Data Collective

NOVEMBER 17, 2020

Big data is changing the dynamics of the consumer experience in countless ways. One variable that we don’t think as much about is the nature of our Internet service in the big data era. Back in July, we talked about ways that Internet service providers are using big data to provide a better customer experience.

Big Data 120

Big Data Cost-Benefit Internet of Things Data Strategy 120

Smart Data Collective

FEBRUARY 20, 2020

Are you looking to capitalize off of your knowledge of big data? There are a lot of careers that talented data scientists can pursue. IBM Big Data and Analytics Hub has talked about some of the biggest changes impacting the world of big data. Information systems careers are among the most promising.

Big Data 104

Big Data Statistics Data Strategy Technology 104

Smart Data Collective

JULY 21, 2021

Why Are We so Focused on Data Strategy? Data is currently the world’s most valuable asset. . Data can tell your business everything, from how productive your staff are to where you’re losing money. How to Empower Digital Transformation Through Data Strategy.

Digital Transformation 143

Digital Transformation Data Strategy Strategy Cost-Benefit 143

Smart Data Collective

APRIL 20, 2021

Big data is having a tremendous impact on the future of modern business. Harvard Business Review Analytic Services recently published The State of Digital Adoption report on big data adoption in business, and its findings may surprise or even alarm many organizations and institutions.

Big Data 107

Big Data Strategy Digital Transformation Metrics 107

Smart Data Collective

JUNE 14, 2019

Big data is changing the future of gaming. Dataiku’s Pierre Gutierrez presented a compelling analysis of the role of data analytics in gaming in his piece A Flood Of Gaming Analytics Data With No End In Sight. Some of the ways that data analytics has changed the gaming industry are not noticeable to the average gamer.

Big Data 103

Big Data Technology Software Data-driven 103

Smart Data Collective

APRIL 3, 2022

More companies than ever are investing in big data. However, many feel that their data strategies are not proving to be effective. According to a report by VentureBeat, only 13% of companies feel that their data strategies are providing the results they are looking for.

Data Strategy 106

Data Strategy Strategy Data-driven Big Data 106

Analytics Vidhya

JULY 9, 2024

Netflix employs sophisticated data strategies to ensure it’s tough to hit the stop button once you start watching, or you can say Netflix uses Data Science. Yep, your weekend binge […] The post Behind the Screen: How Netflix Uses Data Science? That’s no coincidence.

Data Science 336

Data Science Data Strategy Strategy Analytics 336

TDAN

JANUARY 5, 2022

The world now runs on Big Data. Defined as information sets too large for traditional statistical analysis, Big Data represents a host of insights businesses can apply towards better practices. But what exactly are the opportunities present in big data? In manufacturing, this means opportunity.

Manufacturing 89

Manufacturing Big Data Statistics Data Processing 89

Smart Data Collective

JANUARY 13, 2021

Big data has started to change the world in a lot of ways. quintillion bytes of data every single day. As scalability with big data accelerates, consumers and organizations around the world are starting to witness its impact. Every aspect of our lives has been shaped by big data to some degree.

Big Data 95

Big Data Machine Learning Data-driven Manufacturing 95

Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Patil and other experts argue that big data can help them with this.

Big Data 91

Big Data Uncertainty Risk Data mining 91

Smart Data Collective

NOVEMBER 24, 2019

Big data is becoming more essential in the arena of employee collaboration. A growing number of teams are finding that big data can be very beneficial when it comes to forging stronger relationships between their participants. There are a number of ways that big data is changing the nature of these relationships.

Big Data 81

Big Data Modeling ROI Predictive Analytics 81

Sisense

APRIL 17, 2020

In Monetizing Your Data , we look at digital transformation: the ways of turning data into new revenue streams and apps that boost income, increase stickiness, and help your company thrive in the world of Big Data. Experiment to guide a winning data strategy. You’ve immediately created an experiment to win.

Data Strategy 81

Data Strategy Strategy Digital Transformation Data Warehouse 81

Rocket-Powered Data Science

MARCH 19, 2019

A better prescription for business success is for our organization to be analytics – driven and thus analytics-first , while being data -informed and technology -empowered. Analytics are the products, the outcomes, and the ROI of our Big Data , Data Science, AI, and Machine Learning investments!

Analytics 193

Analytics Metrics Data-driven Machine Learning 193

CIO Business Intelligence

FEBRUARY 14, 2023

A 2023 New Vantage Partners/Wavestone executive survey highlights how being data-driven is not getting any easier as many blue-chip companies still struggle to maximize ROI from their plunge into data and analytics and embrace a real data-driven culture: 19.3% report they have established a data culture 26.5%

Data Strategy 116

Data Strategy Strategy Machine Learning Data-driven 116

Srividya Sridharan

JUNE 12, 2019

This month’s Insights Beat focuses on the latest research in our insights-driven playbook; showcases multiple data, analytics, and machine-learning vendor evaluations; and shines a light on B2B analytics techniques. Is Your Data Strategy Lacking? Time To Sound The Alarm In order to compete in the age of […].

Data Strategy 92

Data Strategy Strategy B2B Machine Learning 92

AWS Big Data

MARCH 26, 2024

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data.

Data Strategy 94

Data Strategy Strategy Data Warehouse Prescriptive Analytics 94

Smart Data Collective

JANUARY 3, 2024

We have talked about how big data is beneficial for companies trying to improve efficiency. However, many companies don’t use big data effectively. In fact, only 13% are delivering on their data strategies. We have talked about the importance of data quality when you are running a data-driven business.

Data-driven 123

Data-driven Sales Big Data Data Quality 123

Sisense

JUNE 25, 2020

The firm’s internal AI platform, which is called Deep Brew, is at the crux of Starbucks’ current data strategy. As if this wasn’t enough, Starbucks has also put Big Data at the heart of its mission to connect its entire supply chain—a move which has helped to improve transparency and traceability. Improving traceability.

Big Data 98

Big Data Data-driven IoT Marketing 98

Smart Data Collective

NOVEMBER 2, 2022

Big data technology is becoming a more pressing issue for companies around the world. However, many companies don’t understand enough about data to utilize it effectively. A recent survey found that a stunning 47% of companies have only a limited data strategy. These courses can help.

Data Science 127

Data Science Big Data Data Strategy Strategy 127

Smart Data Collective

DECEMBER 4, 2024

BPA software is great for data-driven companies that are trying to improve their bottom line.

Software 89

Software Data Strategy Strategy Data-driven 89

Smart Data Collective

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Only 32% of executives have officially laid out a data strategy to drive their organization. How Can You Use Lean Thinking with Big Data?

Data-driven 131

Data-driven Optimization Big Data Data Strategy 131

Smart Data Collective

DECEMBER 10, 2023

Big data technology has been extremely valuable for businesses of all sizes and in all industries. However, many companies still are not using big data to its full potential. According to one survey cited by Dataversity, only 53% of companies report having formalized data strategies.

Big Data 121

Big Data Data Strategy Strategy Reporting 121

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 132

Data-driven Big Data Cost-Benefit Data Collection 132

Smart Data Collective

FEBRUARY 15, 2022

Most companies have known for years that big data can be invaluable to their organizations. Many don’t have a formal data strategy and even fewer have one that works. According to one study conducted last year, only 13% of companies are effectively delivering on their data strategies.

Big Data 120

Big Data Data Strategy Strategy Data Quality 120

IBM Big Data Hub

APRIL 12, 2022

My first task as a Chief Data Officer (CDO) is to implement a data strategy. Over the past 15 years, I’ve learned that an effective data strategy enables the enterprise’s business strategy and is critical to elevate the role of a CDO from the backroom to the boardroom. A data-literate culture.

Data Strategy 75

Data Strategy Strategy Enterprise Data-driven 75

Smart Data Collective

JANUARY 27, 2022

Big data technology has become a very important aspect of our lives. More businesses than ever are transitioning to data-driven business models. Research has shown that companies with big data strategies are 19 times more likely to become profitable. Cloud computing is more important in the age of big data.

Optimization 117

Optimization IT Big Data Cost-Benefit 117

Smart Data Collective

NOVEMBER 27, 2023

Thirty years ago, businesses were starting to recognize that data was the future. However, they never imagined that big data technology would have the impact that we have witnessed in recent years. More companies are using big data to drive business decisions than ever before.

Data-driven 112

Data-driven Software Big Data Management 112

Smart Data Collective

NOVEMBER 17, 2021

They use a number of important data analytics tools to help implement their functions more efficiently. Unfortunately, big data can be mysterious for many companies. Only 13% of companies with data strategies are meeting the objectives outlined in them. This is where big data consultants can become very helpful.

Consulting 143

Consulting Data-driven Big Data Marketing 143

Smart Data Collective

SEPTEMBER 29, 2022

OCR and Other Data Extraction Tools Have Promising ROIs for Brands. Big data is changing the state of modern business. A growing number of companies have leveraged big data to cut costs, improve customer engagement, have better compliance rates and earn solid brand reputations.

Data-driven 140

Data-driven Data Quality Optimization Insurance 140

Smart Data Collective

NOVEMBER 2, 2022

Big data technology has changed the future of marketing in a multitude of ways. A growing number of organizations are leveraging big data to get higher ROIs from their organic and paid marketing campaigns. As a result, companies around the world spent over $52 billion on data-driven marketing solutions in 2021.

Marketing 141

Marketing Big Data Data-driven Sales 141

Smart Data Collective

SEPTEMBER 23, 2021

However, the world has changed, which means that a background in big data and other types of technology is equally important. Data-driven businesses need to keep this in mind when looking for creative professionals. Data-Savvy Creative Agencies Are Necessary in 2021. What is a creative agency? Cost-effective.

Data Analytics 123

Data Analytics Analytics Big Data Cost-Benefit 123

Paul Blogs on BI

NOVEMBER 13, 2023

I have a had a lot of conversations about data strategy this year. With both the rise in organizations looking to move their data to the cloud and the increasing awareness of the power of BI and generative AI, data strategy has become a top priority. This is where the infamous “How do you eat an elephant?”

Data Strategy 52

Data Strategy Strategy Gap analysis Data Warehouse 52