Smart Data Collective

MAY 21, 2021

New advances in data analytics and a wealth of outsourcing opportunities have contributed. Shrewd software developers are finding ways to integrate data analytics technology into their outsourcing strategies. Some creative ways to weave data analytics into a software development outsourcing approach are listed below.

Software 131

Software Data Analytics Analytics Data mining 131

Smart Data Collective

AUGUST 26, 2021

Simply put, it involves a diverse array of tech innovations, from artificial intelligence and machine learning to the internet of things (IoT) and wireless communication networks. But if there’s one technology that has revolutionized weather forecasting, it has to be data analytics. It’s faster and more accurate.

Forecasting 133

Forecasting Data Analytics Analytics Internet of Things 133

Smart Data Collective

JUNE 26, 2019

The in-depth analysis of historical data gives insurers a platform to base their determination of risk. However, modern technology offers insurance companies the option to look forward into the future and predict potential outcomes. Insuring for the Twenty-First Century.

Insurance 110

Insurance Data Analytics Analytics Big Data 110

Smart Data Collective

AUGUST 14, 2019

The healthcare sector is heavily dependent on advances in big data. Healthcare organizations are using predictive analytics , machine learning, and AI to improve patient outcomes, yield more accurate diagnoses and find more cost-effective operating models. Big data analytics: solutions to the industry challenges.

Big Data 101

Big Data Data Analytics Analytics Internet of Things 101

Smart Data Collective

NOVEMBER 25, 2019

New Avenues of Data Discovery. New data-collection technologies , like internet of things (IoT) devices, are providing businesses with vast banks of minute-to-minute data unlike anything collected before. New AI tools may also help you better collect and analyze text-based data and assist BI analysts in report creation.

Business Intelligence 132

Business Intelligence Predictive Analytics Data Collection Internet of Things 132

CIO Business Intelligence

DECEMBER 1, 2022

The $247 billion conglomerate, one of the largest food and beverage companies in the world, is developing a modernized data and cloud infrastructure replete with automated processes and workflows. One HR employee took some courses in data analytics and found a new job within the company helping to advance digital transformation. “I

Digital Transformation 144

Digital Transformation IoT Data-driven KPI 144

Smart Data Collective

OCTOBER 16, 2023

Social media, blogging, and microblogging are all essential communication data sources. A fresh photo, a text message, or a search query contributes to the growing volume of big data. IoT Sensors generate IoT data. Smart devices use sensors to collect data and upload it to the Internet.

Big Data 124

Big Data IoT Cost-Benefit Advertising 124

BizAcuity

JUNE 3, 2022

Current trends show retailers experimenting with emerging technologies like Predictive Analytics and IoT. The use of predictive analytics for demand forecasting has been trending for the past few years. The future of retailing: Big Data Analytics for omnichannel retail and logistics.

Data Analytics 59

Data Analytics Analytics Forecasting Predictive Analytics 59

bridgei2i

FEBRUARY 21, 2020

In fact, statistics from Maryville University on Business Data Analytics predict that the US market will be valued at more than $95 billion by the end of this year. With that in mind, here are the latest growth drivers, trends, and developments that will likely shape the world of business data analytics in 2020: 1.

IoT 83

IoT Analytics Deep Learning B2B 83

CIO Business Intelligence

SEPTEMBER 12, 2022

Collectively, the agencies also have pilots up and running to test electric buses and IoT sensors scattered throughout the transportation system. As a result, NJ Transit’s data maturity as an organization has grown. IDC analyst Sandeep Mukunda says NJ Transit’s approach to data analytics has been very advanced.

Data Warehouse 116

Data Warehouse Predictive Analytics Data Lake IoT 116

Cloudera

SEPTEMBER 22, 2022

To me, this means that by applying more data, analytics, and machine learning to reduce manual efforts helps you work smarter. Combining this data with more classical information such as annual checkups and medical records provides better insight into risks related to health, disability, and life insurance.

Analytics 102

Analytics Insurance IoT Risk 102

Rocket-Powered Data Science

OCTOBER 6, 2023

Using the same statistical terminology, the conditional probability P(Y|X) (the probability of Y occurring, given the presence of precondition X) is an expression of predictive analytics. By exploring and analyzing the business data, analysts and data scientists can search for and uncover such predictive relationships.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Statistics 157

Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Control Operational Costs.

Data-driven 128

Data-driven Cost-Benefit Data mining Big Data 128

Cloudera

MARCH 17, 2022

Every level of government is awash in data (both structured and unstructured) that is perpetually in motion. It is constantly generated – and always growing in volume – by an ever-growing range of sources, from IoT sensors and other connected devices at the edge to web and social media to video and more.

IoT 86

IoT Cost-Benefit Data-driven Data Strategy 86

Cloudera

SEPTEMBER 24, 2021

Reductions in the cost of compute and storage, with efficient appliance based architectures, presented options for understanding more deeply what was actually happening on the network historically, as the first phase of telecom network analytics took shape. Data governance was completely balkanized, if it existed at all.

Analytics 96

Analytics IoT Cost-Benefit Big Data 96

BizAcuity

MARCH 31, 2022

Combined, it has come to a point where data analytics is your safety net first, and business driver second. Integrating IoT and route optimization are two other important places that use AI. A lot of testing AI methods can be utilized for better and more accurate outcomes from mining the data. AI in Healthcare.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

IBM Big Data Hub

JUNE 14, 2023

artificial intelligence (AI) applications, the Internet of Things (IoT), robotics and augmented reality, among others) to optimize enterprise resource planning (ERP), making companies more agile and adaptable. What’s the biggest challenge manufacturers face right now?

Manufacturing 71

Manufacturing Technology Internet of Things Cost-Benefit 71

Smart Data Collective

MAY 20, 2019

That’s equal to 44 zettabytes of data, or 44 trillion gigabytes. There are many reasons why data is being generated so quickly — doubling in size every two years. The birth of IoT and connected devices is just one source, while the need for more reliable real-time data is another.

Analytics 111

Analytics Machine Learning Business Intelligence Big Data 111

FineReport

JUNE 7, 2024

FineReport : Enterprise-Level Reporting and Dashboard Software Try FineReport Now In 2024, FanRuan continues to push boundaries with groundbreaking advancements in AI-driven analytics and real-time data analytics processing. Elevate your data transformation journey with Dataiku’s comprehensive suite of solutions.

Visualization 52

Visualization Predictive Analytics Dashboards Predictive Modeling 52

AWS Big Data

MAY 16, 2024

About Amazon Redshift Thousands of customers rely on Amazon Redshift to analyze data from terabytes to petabytes and run complex analytical queries. With Amazon Redshift, you can get real-time insights and predictive analytics on all of your data across your operational databases, data lake, data warehouse, and third-party datasets.

Data Warehouse 118

Data Warehouse Visualization Cost-Benefit Data-driven 118

Smart Data Collective

SEPTEMBER 26, 2019

The emergence of massive data centers with exabytes in the form of transaction records, browsing habits, financial information, and social media activities are hiring software developers to write programs that can help facilitate the analytics process. Big Data and software development are slowly but rapidly becoming intertwined.

Big Data 101

Big Data Software Unstructured Data Data Integration 101

Cloudera

JANUARY 14, 2021

They are armed with more knowledge than ever before, as a result, four strategic pillars have emerged that have resulted as leading retailers and brands have deployed a data-centric strategy enabling a customer-first approach. Reinventing Brick and Mortar is Delivering Fresh Customer Experiences.

Cost-Benefit 72

Cost-Benefit Digital Transformation Sales IoT 72

IBM Big Data Hub

SEPTEMBER 11, 2023

enhances data management through automated insights generation, self-tuning performance optimization and predictive analytics. watsonx.data integration At Think, IBM announced watsonx.data as a new open, hybrid and governed data store optimized for all data, analytics, and AI workloads.

Machine Learning 85

Machine Learning Cost-Benefit IoT Data Warehouse 85

IBM Big Data Hub

FEBRUARY 23, 2024

Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends. When a user sends a message, the system uses NLP to parse and understand the input, often by using DL models to grasp the nuances and intent.

Enterprise 95

Enterprise Interactive Data-driven Key Performance Indicator 95

AWS Big Data

AUGUST 6, 2024

Amazon Redshift is a fast, scalable, secure, and fully managed cloud data warehouse that makes it straightforward and cost-effective to analyze your data. About the authors Anusha Challa is a Senior Analytics Specialist Solutions Architect focused on Amazon Redshift. She is passionate about data analytics and data science.

Data Warehouse 85

Data Warehouse Data-driven Modeling Internet of Things 85

IBM Big Data Hub

JULY 26, 2023

The twin will continuously collect data from the physical asset and use predictive analytics and machine learning (ML) algorithms to predict future performance. By constantly monitoring equipment performance and comparing it to virtual counterparts, operators can predict potential failures or breakdowns.

Technology 52

Technology Cost-Benefit Optimization Internet of Things 52

Cloudera

JANUARY 22, 2019

It enables orchestration of data flow and curation of data across various big data platforms (such as data lakes, Hadoop, and NoSQL) to support a single version of the truth, customer personalization, and advanced big data analytics. Cloudera Enterprise Platform as Big Data Fabric.

Big Data 44

Big Data Data Lake Internet of Things Enterprise 44

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. And more recently, we have also seen innovation with IOT (Internet Of Things).

Insurance 150

Insurance Risk IoT Data-driven 150

CIO Business Intelligence

JANUARY 6, 2025

Digital health solutions, including AI-powered diagnostics, telemedicine, and health data analytics, will transform patient care in the healthcare sector. Healthcare: AI-powered diagnostics, predictive analytics, and telemedicine will enhance healthcare accessibility and efficiency.

IoT 81

IoT Digital Transformation Data-driven Machine Learning 81

CIO Business Intelligence

APRIL 3, 2025

By integrating data analytics, automation, and green IT initiatives, Force Motors can align digital transformation with ESG goals, ensuring long-term sustainability while driving business growth. Vinod Chandnani says, Collecting and storing only necessary data reduces the energy footprint of data storage and processing.

Manufacturing 72

Manufacturing Optimization Data-driven IoT 72

CIO Business Intelligence

MARCH 26, 2025

For Namrita, Chief Digital Officer of Aditya Birla Chemicals, Filaments and Insulators, the challenge is integrating legacy wares with digital tools like IoT, AI, and cloud platforms. For instance, AI-driven predictive maintenance and digital twins can reduce maintenance costs by 20%, optimizing production and supply chains.

IoT 66

IoT Data-driven Digital Transformation Optimization 66