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External Data Supports More Accurate Planning

David Menninger's Analyst Perspectives

So, it is essential to incorporate external data in forecasting, planning and budgeting, especially for predictive analytics and machine learning to support artificial intelligence. It is also essential for the effective application of AI using ML for business-focused planning and budgeting and predictive analytics.

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5 Product Strategy Consulting Tips for Data-Driven Marketing Campaigns

Smart Data Collective

To do that, you need to hire a product strategy consulting expert. In this article, we’re talking more about product strategy and what the consultant will help you with. First, let’s define what a product marketing strategy is and what the consultant will be helping you with. Every product must have a mission.

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Perks of Predictive Analytics for Businesses Big and Small

Smart Data Collective

As a business owner, you’ve heard about predictive analytics, and you know some people are excited about it, but you’re still not sure how it’s supposed to help. The following are some major benefits of predictive analytics for businesses big and small. Quicker Snapshots of the Future.

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3 Things Citizen Data Scientists Need in Predictive Analytics!

Smarten

Team members who have access to augmented analytics and assisted predictive modeling can plan better, predict more accurately and dependably meet goals and objectives. Complete Set of Analytical Techniques. Access to Flexible, Intuitive Predictive Modeling. Predictive Analytics Using External Data.

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Predictive Analytics Use Case: Online Target Marketing!

Smarten

Predictive analytics can help the business to understand online buying behavior, and when, where and how to serve ads, market products and offer discounts or other incentives. Predictive analytics will help you optimize your marketing budget and improve brand loyalty. Predictive Analytics Using External Data.

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Predictive Analytics Use Case: Quality Control!

Smarten

Using advanced analytics to identify quality issues will improve production processes, protect the business against liability claims and allow the organization to more easily upgrade products, create new products and services and anticipate issues along the way. Predictive Analytics Using External Data. Customer Targeting.

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Beyond the hype: Do you really need an LLM for your data?

CIO Business Intelligence

While my experience consulting at American Honda Motors almost three decades ago involved evaluating manufacturer engineering guides (details of which are now somewhat hazy), I can easily envision how an LLM-powered AI assistant could revolutionize this process today. Another compelling use case is in the automotive industry.