Smart Data Collective

OCTOBER 19, 2021

Data analytics has become a major gamechanger for the cryptocurrency industry. Traders and miners have discovered a number of advantages of using big data and AI tools to improve their profitability. One of the newest applications of data analytics in cryptocurrency mining is with yield farming.

Data Analytics 130

Data Analytics Analytics Big Data ROI 130

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. Experts say that BI and data analytics makes the decision-making process 5x times faster for businesses.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

datapine

DECEMBER 11, 2019

Within business scenarios, artificial intelligence (as well as machine learning, in many cases) provides an advanced degree of responsiveness and interaction between businesses, customers, and technology, driving AI-based SaaS trends 2020 onto a new level. How will AI improve SaaS in 2020? 2) Vertical SaaS. 9) A Mobile-First Mindset.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

Smart Data Collective

SEPTEMBER 19, 2022

Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. However, fintech businesses can use big data and machine learning to build fraud detection systems that uncover anomalies in real time. The Fintech Sector is Exploding Due to Big Data.

Big Data 145

Big Data ROI Measurement Machine Learning 145

Teradata

APRIL 8, 2020

There is no ROI in technology - specifically in data analytics, AI & Machine Learning - until we deploy in production and change the way we do business.

Analytics 98

Analytics ROI Machine Learning Data Analytics 98

Smart Data Collective

DECEMBER 15, 2020

You can significantly increase the profitability of your trades by investing in top-of-the-line analytics technology. How Can Data Analytics Assist with Stock Trading. It is going to be a lot easier to trade effectively with new data analytics tools. Do your research with analytics tools.

Data Analytics 83

Data Analytics Analytics Big Data Machine Learning 83

Rocket-Powered Data Science

OCTOBER 6, 2023

Note how this simple mathematical expression of prescriptive analytics is exactly the opposite of our previous expression of predictive analytics (given X, find Y). Here are a few business examples of this type of prescriptive analytics: Which marketing campaign is most efficient and effective (has best ROI) in optimizing sales?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Statistics 157

Smart Data Collective

JUNE 26, 2019

Get Rid of Blind Spots in Statistical Models With Machine Learning. Data-related blind spots could also exist in your statistical models. RiskSpan is a company that built a machine learning algorithm that can flag error-prone parts of a statistical model and indicate which associated outputs may be unreliable.

Statistics 111

Statistics ROI Machine Learning Measurement 111

Smart Data Collective

JANUARY 14, 2021

Machine learning has drastically changed the direction of the financial industry. In 2019, Forbes published an article showing that machine learning can increase productivity of the financial services industry by $140 billion. The best stock analysis software relies heavily on new machine learning algorithms.

Predictive Analytics 114

Predictive Analytics Forecasting Analytics Machine Learning 114

Alation

FEBRUARY 13, 2020

At some level, every enterprise is struggling to connect data to decision-making. In The Forrester Wave: Machine Learning Data Catalogs, 36% to 38% of global data and analytics decision makers reported that their structured, semi-structured, and unstructured data each totaled 1,000 TB or more in 2017, up from only 10% to 14% in 2016.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

Cloudera

FEBRUARY 8, 2021

In addition, moving outside the vehicle, existing fragmented approaches for data management associated with the machine learning lifecycle are limiting the ability to deploy new use cases at scale. The vehicle-to-cloud solution driving advanced use cases.

Machine Learning 108

Machine Learning Manufacturing Unstructured Data Data Collection 108

Smart Data Collective

NOVEMBER 24, 2020

Today, more than ever, companies need to find more innovative ways to leverage data analytics to create a competitive edge in an everchanging landscape. One of the most important, yet overlooked, benefits of data is with scheduling. The Evolving Importance of Data-Driven Scheduling the Marketing Discipline.

Marketing 132

Marketing Optimization Strategy Big Data 132

CIO Business Intelligence

JULY 15, 2024

One reality quickly became clear: While AI requires a high-performance network to do it right, it also has the potential to deliver vastly improved network performance, resiliency, and ROI. However, IT leaders universally expect big gains from AI in areas such as data analytics, employee productivity, and process automation.

ROI 119

ROI Machine Learning Optimization Reporting 119

Smart Data Collective

FEBRUARY 8, 2021

Knowing and understanding your company’s data helps you make good marketing decisions, gain insight into what competitors are doing, and improves decision-making. You can’t afford to ignore the benefits of data analytics as a new company. Usually, data is analyzed with SQL/query or statistical sets.

Machine Learning 112

Machine Learning Marketing ROI Statistics 112

CIO Business Intelligence

MARCH 30, 2022

Emerging technologies such as artificial intelligence (AI), machine learning (ML), augmented reality (AR), the Internet of Things (IoT) and quantum computing can help organizations scale on demand, improve resiliency, minimize infrastructure investments and deploy solutions rapidly and securely. Enrich to Empower. Ghislaine Entwistle.

Technology 98

Technology Internet of Things ROI IoT 98

datapine

JANUARY 21, 2020

Reporting in business intelligence is a seamless process since historical data is also provided within an online reporting tool that can process and generate all the business information needed. Another crucial factor to consider is the possibility to utilize real-time data. Cost optimization.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

CIO Business Intelligence

AUGUST 16, 2022

Elaborating on some points from my previous post on building innovation ecosystems, here’s a look at how digital twins , which serve as a bridge between the physical and digital domains, rely on historical and real-time data, as well as machine learning models, to provide a virtual representation of physical objects, processes, and systems.

Visualization 145

Visualization Cost-Benefit IoT Digital Transformation 145

Smart Data Collective

AUGUST 10, 2021

Data-driven marketing is simply marketing that is informed by data. Marketers use data the company collects to strategize and monitor the effectiveness of different campaigns so they can increase ROI (return on investment) and create more revenue for the company. It works with a number of different databases.

Analytics 132

Analytics Data-driven Data Science Advertising 132

erwin

AUGUST 13, 2020

managing risk vs ROI and emerging countries)? Technology Disruption : How do we focus on innovation while leveraging existing technology, including artificial intelligence, machine learning, cloud and robotics? data protection, personal and sensitive data, tax issues and sustainability/carbon emissions)?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

DataRobot Blog

SEPTEMBER 28, 2022

The new findings from industry analyst ESG, The Economic Benefits of DataRobot AI Cloud , detail how ESG models predict improved operational efficiencies, reduced risk, and improves business outcomes with the DataRobot platform for artificial intelligence and machine learning. 90–98% Faster Time to Desired Analytics Capability.

ROI 52

ROI Strategy Enterprise Cost-Benefit 52

Alation

MAY 2, 2023

Hospitality organizations use data analytics to unlock insights, improve operations, and maximize profits. Leveraging analytics enables companies in this space to achieve financial and operational efficiencies while delivering personalized services and offerings. What is data analytics in the hospitality industry?

Data Analytics 52

Data Analytics Analytics ROI Data-driven 52

Smart Data Collective

DECEMBER 2, 2021

One often overlooked opportunity to leverage big data is in the context of SMS marketing. They can be a lot more effective with these strategies if they embrace data analytics, AI and other similar technologies. Big Data is Invaluable to the Future of SMS Marketing. Of course, not all SMS campaigns are equally effective.

Data-driven 105

Data-driven Marketing Strategy Advertising 105

CIO Business Intelligence

DECEMBER 1, 2022

“We want to ensure that the monetary value realization is captured across the board, and so far, we are very happy with the financial KPIs, which translate to business implementations which gave us a positive ROI,” Kanioura says. What we are trying to do is operationalize all our analytics and algorithmic libraries.”

Digital Transformation 144

Digital Transformation IoT Data-driven KPI 144

CIO Business Intelligence

SEPTEMBER 10, 2022

Like many insights-driven organizations, the United States Patent and Trademark Office (USPTO) leverages data analytics and technologies such as AI and machine learning (ML) to increase the efficiency and performance of its operations and to improve the quality of systems and processes.

Data-driven 116

Data-driven Machine Learning ROI Modeling 116

IBM Big Data Hub

OCTOBER 14, 2019

We recommend Cloud Pak for Data to our clients who are considering machine-learning based Data analytics to get best ROI out of the volumes of data they accumulated over the years.

ROI 62

ROI Machine Learning Data Analytics Analytics 62

CIO Business Intelligence

MARCH 22, 2022

Then virtualize your data to allow business users to conduct aggregated searches and analyses using the business intelligence or data analytics tools of their choice. . Set up unified data governance rules and processes. With data integration comes a requirement for centralized, unified data governance and security.

Analytics 115

Analytics Key Performance Indicator Data Warehouse Data-driven 115

CIO Business Intelligence

AUGUST 23, 2022

Artificial intelligence (AI), machine learning (ML) technology, and flexible consumption models like network-as-a-service (NaaS) make it possible for organizations to respond effectively to these challenges. Transitioning to Business Value .

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

Smart Data Collective

APRIL 3, 2022

As AI technology has improved, algorithmic trading has become more effective and given traders the opportunity to realize higher ROIs. You can also use machine learning technology to adjust your rules to better align with your investing goals. This figure appears to have improved as AI helped boost their ROI.

Technology 119

Technology Cost-Benefit Strategy ROI 119

Smart Data Collective

AUGUST 31, 2021

Big data has led to some remarkable changes in the field of marketing. Many marketers have used AI and data analytics to make more informed insights into a variety of campaigns. Data analytics tools have been especially useful with PPC marketing , media buying and other forms of paid traffic.

Data-driven 144

Data-driven Marketing Big Data Advertising 144

Smart Data Collective

SEPTEMBER 8, 2020

So how can you stand out in a crowded marketplace by leveraging data analytics ? To learn more about what’s working best for businesses and brands in this competitive space, be sure to read through and implement the recommended methods highlighted below. You can see how big data is going to transform the CBD market. #1

Data-driven 139

Data-driven Marketing Big Data Advertising 139

CIO Business Intelligence

JUNE 21, 2022

In addition to quantitative ROI metrics, HPC research was also shown to save lives, lead to important public/private partnerships, and spur innovations. . Real-time big data analytics, deep learning, and modeling and simulation are newer uses of HPC that governments are embracing for a variety of applications. Government.

Deep Learning 111

Deep Learning Big Data ROI Software 111

IBM Big Data Hub

MAY 9, 2023

After some impressive advances over the past decade, largely thanks to the techniques of Machine Learning (ML) and Deep Learning , the technology seems to have taken a sudden leap forward. This results in both increased ROI and much faster time to market. Today is a revolutionary moment for Artificial Intelligence (AI).

Data Warehouse 106

Data Warehouse Machine Learning Cost-Benefit Metadata 106

Cloudera

JULY 9, 2018

More importantly, how can we put them to good use and achieve positive ROI? The Business Dilemma: Data science is complex and has its own language and perceptions. As a result, friction exists between data science and business communities. Business intelligence is the glue that binds traditional BI and data science together.

Machine Learning 42

Machine Learning Data Science Visualization Business Intelligence 42

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. And they should have a proficiency in data science and analytics to effectively leverage data-driven insights and develop AI models.

Risk Management 138

Risk Management Cost-Benefit Risk Technology 138

Smart Data Collective

OCTOBER 21, 2020

Machine learning and other big data technology has made this even easier. They can learn to customize emails better by learning from past interactions. Email is measurable through sophisticated data analytics. This has increased as services like Gmail use machine learning to better identify spam.

Data-driven 105

Data-driven Big Data Machine Learning Metrics 105

Alation

MARCH 21, 2023

Why is data analytics important for travel organizations? With data analytics , travel organizations can gain real-time insights about customers to make strategic decisions and improve their travel experience. How is data analytics used in the travel industry?

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Sisense

AUGUST 19, 2021

The solution: Buy and embed an industry-leading analytics platform into your core offering. Buying analytics instead of building them helps companies go to market faster, see ROI from analytics sooner, focus on their core competency, benefit from incremental improvements over time, and much more.

ROI 98

ROI Cost-Benefit Marketing Testing 98