Smart Data Collective

DECEMBER 22, 2021

Big data technology is one of the most important forms of technology that new startups must use to gain a competitive edge. The success of your startup might depend on your ability to use big data to your full advantage. The right data strategy can help your startup become profitable.

Big Data 145

Big Data Data mining Data-driven Predictive Analytics 145

Smart Data Collective

MARCH 2, 2023

Big data helps businesses address cash flow needs A growing number of companies use big data technology to improve their financing. They can use data mining tools to evaluate the average interest rate of different lenders. Therefore, data-driven pricing may be even more critical during a bad economy.

Big Data 105

Big Data Uncertainty Risk Data mining 105

TDAN

JULY 6, 2021

Using reliable insights to keep up with rapid market changes, businesses are also deploying data mining and predictive analytics across massive amounts of clickstream and transactional data. With the continuous evolution of technology and daily shifts in shopping trends, eCommerce is constantly adapting.

Management 98

Management Data mining Predictive Analytics Marketing 98

Smart Data Collective

FEBRUARY 20, 2022

One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. If you are running a business that has not yet adapted a data strategy, you should keep reading. You will get a better sense of the reasons that you should make investing in big data a top priority.

Big Data 131

Big Data Management Finance Data-driven 131

CIO Business Intelligence

OCTOBER 13, 2023

Established and emerging data technologies: Data architects need to understand established data management and reporting technologies, and have some knowledge of columnar and NoSQL databases, predictive analytics, data visualization, and unstructured data.

Data Architecture 132

Data Architecture Data Warehouse Statistics Visualization 132

IBM Big Data Hub

SEPTEMBER 19, 2023

The data science lifecycle Data science is iterative, meaning data scientists form hypotheses and experiment to see if a desired outcome can be achieved using available data. For example, retailers can predict which stores are most likely to sell out of a particular kind of product.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

BizAcuity

MAY 16, 2022

So much so that they can predict certain aspects about their customers with high accuracy. For business intelligence to work out for your business – Define your data strategy roadmap. Your data strategy and roadmap will eventually lead you to a BI strategy. Data mining.

Business Intelligence 52

Business Intelligence Data mining Visualization Data Lake 52