Smart Data Collective

OCTOBER 8, 2023

In such a murky pool, the application of data analytics emerges as an invaluable tool. This article delves into the profound impact data analytics can have on fast food legal cases. In the realm of legal affairs, data analytics can serve as a strategic ally. However, accidents can, and do, happen.

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Data Analytics Analytics Statistics Data Collection 125

Smart Data Collective

AUGUST 31, 2023

Data analytics has had a tremendous impact on the financial sector in recent years. Therefore, it should be no surprise that the market for financial analytics is projected to be worth nearly $19 billion by 2030. There are a ton of great benefits of using data analytics in finance.

ROI 124

ROI Data Analytics Analytics Risk 124

Smart Data Collective

AUGUST 10, 2021

Has the cost of data installation and maintenance increased with each passing day at your company? If you answered yes, Big Data Analytics is the answer to all of your questions since they have extensive experience with big data technologies and procedures. Are your technology solutions difficult to understand?

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Data Analytics Analytics Big Data Key Performance Indicator 137

Smart Data Collective

SEPTEMBER 8, 2021

Luckily, AI-powered technologies can help transform data into contextualized knowledge with practical relevance. In this article, you’ll discover more about how AI-driven data analytics tools benefit businesses and organizations. AI-Powered Tools Can Speed Up Data Analytics.

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Data-driven Data Analytics Analytics Marketing 141

CIO Business Intelligence

SEPTEMBER 9, 2024

As IT landscapes and software delivery processes evolve, the risk of inadvertently creating new vulnerabilities increases. These risks are particularly critical for financial services institutions, which are now under greater scrutiny with the Digital Operational Resilience Act ( DORA ).

Risk Management 115

Risk Management Risk Management IT 115

Smart Data Collective

MAY 7, 2023

However, the average data breach cost is staggering— $3.86 million —and organizations are constantly at risk of cyber-attacks and malicious actors. In order to protect your business from these threats, it’s essential to understand what digital transformation entails and how you can safeguard your company from cyber risks.

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CIO Business Intelligence

DECEMBER 5, 2024

An analysis uncovered that the root cause was incomplete and inadequately cleaned source data, leading to gaps in crucial information about claimants. This issue resulted in incorrect risk assessments, where high-risk claims were mistakenly approved, and legitimate claims were wrongly flagged as fraudulent.

Enterprise 105

Enterprise Insurance Unstructured Data Business Intelligence 105

Smart Data Collective

FEBRUARY 3, 2022

If a company fails to do so, customer satisfaction is put at risk. Types of subscription data. Businesses that use the subscription model will generate different types of data. If errors like this happen often, your business’s reputation is put at risk. Benefits of data analytics.

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Optimization Data Analytics Modeling Analytics 126

Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Data analytics is the process of drawing inferences from datasets to understand the information they contain. Personalization is among the prime drivers of digital marketing, thanks to data analytics.

ROI 134

ROI Marketing Data Analytics Analytics 134

Smart Data Collective

JULY 11, 2022

The demand for data analytics technology in the marketing will continue to grow as more executives recognize its benefits. This is going to entail learning more about the benefits of data analytics and how they can be integrated into their overall marketing strategy. Data analytics tools help with all of these tasks.

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Data Analytics Analytics Advertising Big Data 145

Smart Data Collective

FEBRUARY 14, 2023

We have discussed the compelling role that data analytics plays in various industries. In December, we shared five key ways that data analytics can help businesses grow. The gaming industry is among those most affected by breakthroughs in data analytics. Creation of hypotheses and their testing.

Big Data 134

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Smart Data Collective

MAY 8, 2022

Big data, analytics, and AI all have a relationship with each other. For example, big data analytics leverages AI for enhanced data analysis. In contrast, AI needs a large amount of data to improve the decision-making process. What is the relationship between big data analytics and AI?

Big Data 122

Big Data Data Analytics Analytics Cost-Benefit 122

CIO Business Intelligence

JUNE 7, 2022

What is data analytics? Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. What are the four types of data analytics?

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

Smart Data Collective

MARCH 10, 2022

Data analytics is giving us more insights into many of the most pressing challenges that we have faced as a society. More policymakers are using data to make more informed decisions. Analytics Insight shared a list of 10 major ways that big data is changing politics.

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Data Analytics Analytics Big Data Cost-Benefit 128

Smart Data Collective

JULY 16, 2023

The usage, volume, and types of data have increased significantly. In fact, big data keeps gaining momentum. We mentioned that data analytics is vital to marketing , but it is affecting many other industries as well. Countless industry have been shaped by big data. The market for financial analytics was worth $8.2

ROI 97

ROI Data Analytics Analytics Risk Management 97

Smart Data Collective

NOVEMBER 22, 2021

Data analytics technology has touched on virtually every element of our lives. More companies are using big data to address some of their biggest concerns. Data analytics technology is helping more companies get the financing that they need for a variety of purposes. This is yet another benefit of using big data.

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Smart Data Collective

NOVEMBER 29, 2021

Data analytics has become a very important element of success for modern businesses. Many business owners have discovered the wonders of using big data for a variety of common purposes, such as identifying ways to cut costs, improve their SEO strategies with data-driven methodologies and even optimize their human resources models.

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Smart Data Collective

APRIL 18, 2023

Data-savvy marketers have access to valuable insights into their customers, performance, and opportunities for improvement. Marketing departments that don’t embrace analytics risk being outpaced by competitors and consumer expectations. Marketers are more qualified if they have a background in data analytics.

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Marketing Data Analytics Analytics Advertising 126

Timo Elliott

MAY 27, 2022

First, data is by default, and by definition, a liability , because it costs money and has risks associated with it. To turn data into an asset , you actually have to do something with it and drive the business. And the best way to do that is to embed data, analytics, and decisions into business workflows.

Data Analytics 124

Data Analytics Analytics Recreation/Entertainment Data Lake 124

Smart Data Collective

FEBRUARY 23, 2025

Smart real estate investing starts with dataanalyze trends, minimize risks, and maximize returns with advanced analytics.

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Data Analytics Analytics Risk Big Data 102

DataKitchen

MARCH 20, 2025

Unlocking Data Team Success: Are You Process-Centric or Data-Centric? Over the years of working with data analytics teams in large and small companies, we have been fortunate enough to observe hundreds of companies. We want to share our observations about data teams, how they work and think, and their challenges.

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Data Quality Testing Metrics Management 161

Smart Data Collective

JUNE 8, 2023

We have talked extensively about the many industries that have been impacted by big data. many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. However, many other industries have also been affected by advances in big data technology.

Data Analytics 105

Data Analytics Analytics Data Collection Statistics 105

CIO Business Intelligence

JANUARY 21, 2025

CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. CIOs should consider placing these five AI bets in 2025.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

Smart Data Collective

APRIL 2, 2025

Data analytics helps businesses secure unique trademarks, reduce legal risks, and gain valuable insights for brand protection.

Data Analytics 65

Data Analytics Optimization Analytics Risk 65

CIO Business Intelligence

DECEMBER 30, 2024

As digital transformation accelerates, so do the risks associated with cybersecurity. AI-powered threat detection systems will play a vital role in identifying and mitigating risks in real time, while zero-trust architectures will become the norm to ensure stringent access controls.

IoT 105

IoT Digital Transformation Internet of Things Data-driven 105

CIO Business Intelligence

APRIL 4, 2024

At our upcoming Data, Analytics & AI Summit – a virtual event taking place April 11 – attendees will hear from CIO editors and contributors, including Paula Rooney, Lucas Merian, Issac Sacolick, and Today in Tech podcast host Keith Shaw. Interested in even more data, analytics and AI coverage? We have you covered.

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Data Analytics Data Processing Analytics Enterprise 111

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? So it’s Monday, and you lead a data analytics team of perhaps 30 people. Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. What should be in that report about your data team? Introduction.

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Metrics Data Analytics Analytics Measurement 130

Cloudera

MAY 30, 2024

In this context, Cloudera and TAI Solutions have partnered to help financial services customers accelerate their data-driven transformation, improve customer centricity, ensure compliance with regulations, enhance risk management, and drive innovation. Regulation and risk are a big focus for financial institutions.

Data Analytics 81

Data Analytics Risk Management Analytics Digital Transformation 81

Smart Data Collective

MARCH 2, 2023

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. Companies which require immediate business funding are using data analytics tools to research and better understand their options.

Big Data 105

Big Data Uncertainty Risk Data mining 105

Smart Data Collective

JULY 9, 2023

E-commerce businesses around the world are focusing more heavily on data analytics. billion on analytics last year. There are many ways that data analytics can help e-commerce companies succeed. Take no risks when it comes to protecting data privacy!

Optimization 97

Optimization Data Analytics Analytics Data-driven 97

Rocket-Powered Data Science

JUNE 17, 2022

release enables DevSecOps users to gain more insights from Observability data with Federated Search, with the ability to correlate ops with security alerts, and with Edge Management, all in one platform. My closing thought — Cybersecurity is basically Data Analytics: detection, prediction, prescription, and optimizing for unpredictability.

Machine Learning 238

Machine Learning Recreation/Entertainment Risk Business Objectives 238

CIO Business Intelligence

NOVEMBER 19, 2024

More impactful cloud-first strategies Intel and SAS have forged a partnership that provides organizations with high-performance processors and advanced software to leverage the latest advancements in cloud, AI, and data analytics technologies.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

Cloudera

JANUARY 7, 2025

A leading meal kit provider migrated its data architecture to Cloudera on AWS, utilizing Cloudera’s Open Data Lakehouse capabilities. This transition streamlined data analytics workflows to accommodate significant growth in data volumes.

Cost-Benefit 82

Cost-Benefit Optimization Strategy Data-driven 82

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Moreover, seamless data integration supports real-time analytics, which enables swift and informed decision-making across the enterprise. Effective data management leads to improved insights into business processes that fuel innovation and strategic decision-making.

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Cost-Benefit Data-driven Enterprise Business Objectives 130

datapine

NOVEMBER 27, 2019

This is one of the major trends chosen by Gartner in their 2020 Strategic Technology Trends report , combining AI with autonomous things and hyperautomation, and concentrating on the level of security in which AI risks of developing vulnerable points of attacks. Industries harness predictive analytics in different ways.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

DECEMBER 11, 2024

One of the most challenging aspects of business analytics is creating a consistent set of data definitions to ensure reports do not produce conflicting or unreliable information. The introduction of generative AI (genAI) and the rise of natural language data analytics will exacerbate this problem.

Management 111

Management Data Governance Data Science Reporting 111

Smart Data Collective

JULY 12, 2021

The bottom line is that data analysis will help you monitor the trends in the market and change your trading strategies to maximize profits. Use Data Analytics to Increase Knowledge. One of the best ways to achieve that purpose is continually increasing your data analytics knowledge. Learn About the Market.

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Big Data Marketing Predictive Analytics Risk 137