Smart Data Collective

FEBRUARY 21, 2020

Data has the power to shape not only financial decisions (like how and when to invest in stock) but the types of financial products that are available to consumers. So how, exactly, has big data changed the financial industry, and what can we expect moving forward? Market Analytics and Profitability.

Big Data 129

Big Data Machine Learning Statistics Predictive Analytics 129

Smart Data Collective

JANUARY 19, 2022

Big data is extremely important in the marketing profession. billion on marketing analytics by 2026. There is no disputing the fact that big data is invaluable to marketing. However, utilizing data analytics successfully can be a challenge. Make sure you have a clear goal.

Consulting 112

Consulting Data-driven Marketing Strategy 112

datapine

MAY 9, 2019

“Without big data, you are blind and deaf and in the middle of a freeway.” – Geoffrey Moore, management consultant, and author. In a world dominated by data, it’s more important than ever for businesses to understand how to extract every drop of value from the raft of digital insights available at their fingertips.

Business Intelligence 270

Business Intelligence Dashboards Data Warehouse Sales 270

Smart Data Collective

MARCH 11, 2022

There is no disputing that data analytics is a huge gamechanger for companies all over the world. Global businesses are projected to spend over $684 billion on big data by 2030. There are many ways that companies are using big data to boost their profitability. Do you know what motivates your customers?

Customer Analytics 127

Customer Analytics Analytics Key Performance Indicator Big Data 127

Smart Data Collective

MAY 3, 2022

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. “Without uncovering and acting on the opportunities big data presents, many companies are leaving millions of dollars of profit on the table.

Data Analytics 103

Data Analytics Analytics Big Data Sales 103

Smart Data Collective

JANUARY 26, 2022

Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? Last year, we published an article on the ways that big law and big data are intersecting. We have had time to observe some major developments of legal analytics over the last year.

Data Analytics 83

Data Analytics Analytics Predictive Analytics Insurance 83

Smart Data Collective

MARCH 30, 2022

Companies that know how to leverage analytics will have the following advantages: They will be able to use predictive analytics tools to anticipate future demand of products and services. They can use data on online user engagement to optimize their business models. How many plug-ins will I need?

Analytics 126

Analytics Cost-Benefit Testing Dashboards 126