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5 tips for transforming company data into new revenue streams

CIO Business Intelligence

This includes benchmark data for comparison to peers to help drive actionable change, competitive intelligence thats specific, predictive analytics to help drive fact-based decisions, and AI-driven insights that pull from multiple sources of data that are typically siloed.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. Hotels try to predict the number of guests they can expect on any given night in order to adjust prices to maximize occupancy and increase revenue. Data exploded and became big. We all gained access to the cloud.

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

CIO Business Intelligence

The hype around large language models (LLMs) is undeniable. They promise to revolutionize how we interact with data, generating human-quality text, understanding natural language and transforming data in ways we never thought possible. Tableau, Qlik and Power BI can handle interactive dashboards and visualizations.

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How to Set AI Goals

O'Reilly on Data

This in turn would increase the platform’s value for users and thus increase engagement, which would result in more eyes to see and interact with ads, which would mean better ROI on ad spend for customers, which would then achieve the goal of increased revenue and customer retention (for business stakeholders).

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Structural Evolutions in Data

O'Reilly on Data

” Each step has been a twist on “what if we could write code to interact with a tamper-resistant ledger in real-time?” While data scientists were no longer handling Hadoop-sized workloads, they were trying to build predictive models on a different kind of “large” dataset: so-called “unstructured data.”

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Bridging the Gap: How ‘Data in Place’ and ‘Data in Use’ Define Complete Data Observability

DataKitchen

Data in Use pertains explicitly to how data is actively employed in business intelligence tools, predictive models, visualization platforms, and even during export or reverse ETL processes. There are multiple locations where problems can happen in a data and analytic system. What is Data in Use?

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The quest for high-quality data

O'Reilly on Data

For example, a complex sophisticated model for finding duplicates or matching schema is the least of our worries if we cannot even enumerate all possible pairs that need to be checked. An important paradigm for solving both these problems is the concept of data programming.