Rocket-Powered Data Science

MARCH 10, 2020

And this: perhaps the most powerful node in a graph model for real-world use cases might be “context”. How does one express “context” in a data model? After all, the standard relational model of databases instantiated these types of relationships in its very foundation decades ago: the ERD (Entity-Relationship Diagram).

Metadata 250

Metadata Machine Learning Prescriptive Analytics ROI 250

Smart Data Collective

JANUARY 27, 2021

They have also created numerous opportunities for informed investors to create diversified portfolios and take advantage of a market for assets that provide an exceptional ROI. A number of new predictive analytics algorithms are making it easier to forecast price movements in the cryptocurrency market.

Machine Learning 140

Machine Learning Forecasting Predictive Analytics Marketing 140

Decision Management Solutions

JULY 8, 2020

The research looked at the increasingly broad portfolio of analytic capabilities available to enterprises – everything from traditional Business Intelligence (BI) capabilities like reporting and ad-hoc queries to modern visualization and data discovery capabilities as well as advanced (predictive) analytics.

Reporting 134

Reporting Analytics ROI Key Performance Indicator 134

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. 5) Find improvement opportunities through predictions. A great way to illustrate the operational benefits of business intelligence.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Smart Data Collective

MARCH 25, 2021

According to data from the US Department of Energy, the savings generated by the application of this model reach up to 30% in maintenance costs, with a reduction of approximately 75% in downtime and up to 45% in downtime. Thus, the return on investment (ROI) can be up to 10 times the amount applied.

Machine Learning 129

Machine Learning Predictive Analytics Cost-Benefit ROI 129

Smart Data Collective

OCTOBER 13, 2021

Over time, it is true that artificial intelligence and deep learning models will be help process these massive amounts of data (in fact, this is already being done in some fields). What is the cost and ROI of Data Virtualization? The ROI is obtained by savings in the cost of hardware, software, storage, development and maintenance.

Visualization 145

Visualization Cost-Benefit Big Data Prescriptive Analytics 145

DataRobot Blog

NOVEMBER 8, 2022

In a world that is increasingly outcome-focused and platform-based, we have integrated strategy and predictive analytics to move at the speed of our clients’ decisions and established a scalable framework for uncovering and acting on insights in an organized, simple, and transparent operating model. Request a demo.

Predictive Analytics 59

Predictive Analytics Marketing Analytics Data-driven 59

CIO Business Intelligence

AUGUST 9, 2024

Building this single source of truth was the only way the airport would have the capacity to augment the data with a digital twin, IoT sensor data, and predictive analytics, he says. It’s a big win for us — being able to look at all of our data in one repository and build machine learning models off of that,” he says.

Data Transformation 126

Data Transformation Machine Learning Data Lake Dashboards 126

CIO Business Intelligence

MARCH 19, 2025

Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.

IT 59

IT Data Governance Data-driven Metrics 59

Smart Data Collective

JUNE 16, 2022

Team Upskilling: Train business analysts on planning, gap analysis, scoping & blueprinting, cost-benefit calculation of new initiatives, solution architecture, modelling, elicitation, requirement management, performance management, and other improvement initiatives. Having effective tools is vital to the organization’s success.

Business Analytics 135

Business Analytics Analytics Forecasting Business Analysis 135

Smarten

APRIL 17, 2018

How Can Assistive Predictive Modeling Help My Business Users? If you are wondering how and why predictive analytics software has expanded into the self-serve business user market, the reason is simple. Predictive Analytics Software should be easy to implement, easy to personalize and easy to use.

Predictive Analytics 40

Predictive Analytics Predictive Modeling Analytics Forecasting 40

Smart Data Collective

OCTOBER 19, 2021

One of the newest applications of data analytics in cryptocurrency mining is with yield farming. Many crypto enthusiasts have found that it can help them lift their ROI considerably and address many of the problems that they face. Data Analytics Helps Set the Future of Yield Farming for Cryptocurrency Traders.

Data Analytics 130

Data Analytics Analytics Big Data ROI 130

Smarten

JANUARY 5, 2023

By embedding BI, you can improve the user adoption rate, lower TCO and improve ROI. AND that isn’t going to change just because you decide to implement a business intelligence or augmented analytics solution. Improve user adoption and ROI for BI investments. Ensure affordable, flexible licensing models.

ROI 52

ROI Business Intelligence Cost-Benefit Software 52

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

CIO Business Intelligence

DECEMBER 1, 2022

Tapped to guide the company’s digital journey, as she had for firms such as P&G and Adidas, Kanioura has roughly 1,000 data engineers, software engineers, and data scientists working on a “human-centered model” to transform PepsiCo into a next-generation company. People become embedded into the ways of working successfully,” she says. “Me

Digital Transformation 144

Digital Transformation IoT Data-driven KPI 144

Smarten

SEPTEMBER 19, 2017

Plug n’ Play Predictive Analytics Solutions for Every Business User! Predictive analysis is very important to your organization. If you are to fully leverage predictive analytics, you must provide easy-to-use assisted predictive modeling tool. Contact us to find out how!

Predictive Analytics 63

Predictive Analytics Predictive Modeling ROI Forecasting 63

datapine

JANUARY 6, 2022

Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. More often than not, it involves the use of statistical modeling such as standard deviation, mean and median. Variables are exclusive and exhaustive.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smarten

JULY 9, 2018

Create Citizen Data Scientists with Assisted Predictive Modeling! If your business is looking for a comprehensive augmented advanced analytics solution, what are some of the critical factors to consider? You need Assisted Predictive Modeling (Plug n’ Play Predictive Analysis with auto-suggestions and recommendations).

Predictive Modeling 40

Predictive Modeling Modeling Predictive Analytics ROI 40

Smart Data Collective

JULY 28, 2021

They have found that using big data can make it easier to streamline their business models and improve their overall ROI. You can use predictive analytics to anticipate shipping needs , but there are even more rudimentary applications that you can take advantage of with data analytics.

Data-driven 137

Data-driven Big Data Manufacturing ROI 137

CIO Business Intelligence

FEBRUARY 5, 2024

Unlike traditional AI models, which are centralized in the cloud, edge AI processes data locally on devices or edge servers. Healthcare monitoring: Edge AI facilitates remote patient monitoring, predictive analytics and faster diagnostics, revolutionizing healthcare delivery and patient care. Streamline edge operations.

Optimization 124

Optimization Data Governance IoT Enterprise 124

CIO Business Intelligence

FEBRUARY 14, 2023

To succeed with real-time AI, data ecosystems need to excel at handling fast-moving streams of events, operational data, and machine learning models to leverage insights and automate decision-making. AI continues to transform customer engagements and interactions with chatbots that use predictive analytics for real-time conversations.

Data Strategy 116

Data Strategy Strategy Machine Learning Data-driven 116

DataRobot

DECEMBER 8, 2021

But many struggle to turn the data they collect into true, actionable insights that can increase ROI. As noted in this report from Forrester®, “four out of five global data and analytics decision makers say that their firms want to become more data-driven and perform more advanced predictive analytics and artificial intelligence projects.

Customer Analytics 97

Customer Analytics Analytics Advertising Data-driven 97

Decision Management Solutions

JUNE 19, 2019

Carriers know that leveraging customer data and predictive analytics at the individual customer level is the best way to accomplish these goals of driving revenue, building loyalty, and increasing customer retention. A decision model is the backbone of any decision automation initiative.

Insurance 75

Insurance Consulting Predictive Analytics Interactive 75

Smart Data Collective

JULY 13, 2023

Artificial intelligence has substantially helped many companies substantially improve their business models. Some of the predictive analytics tools that can help you assess an SEO agency’s performance include Looker, Improvado and Domo. You will want to use the right predictive analytics tools to accomplish this.

Predictive Analytics 98

Predictive Analytics Marketing ROI Strategy 98

Smart Data Collective

AUGUST 21, 2019

However, just because a business model is popular doesn’t mean you can go in halfway. They can use many different types of machine learning and predictive analytics technology to get the most of it. A useful business model that many sellers adopt for their digital products is to sell subscriptions.

Big Data 94

Big Data Sales Marketing Predictive Analytics 94

Cloudera

JANUARY 5, 2021

To enable these business capabilities requires an enterprise data platform to process streaming data at high volume and high scale, to manage and monitor diverse edge applications, and provide data scientists with tools to build, test, refine and deploy predictive machine learning models. .

Forecasting 91

Forecasting Cost-Benefit Sales Unstructured Data 91

IBM Big Data Hub

JUNE 5, 2024

Modern SaaS analytics solutions can seamlessly integrate with AI models to predict user behavior and automate data sorting and analysis; and ML algorithms enable SaaS apps to learn and improve over time. Predictive analytics. Predictive analytics are equally valuable for user insights.

Analytics 79

Analytics Predictive Analytics Unstructured Data Data-driven 79

CIO Business Intelligence

FEBRUARY 16, 2024

ADP combines various datasets and analytics technologies and builds algorithms and machine learning models to develop custom solutions for its clients, such as determining salary ranges for nurses in a specific state that a healthcare client may be evaluating for relocation. We are still forming [a plan] on how we’re going to do it.”

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

Smart Data Collective

AUGUST 21, 2019

They are using machine learning and predictive analytics to forecast market trends , which can be very useful as they strive to grow. Companies can use machine learning to determine the Amazon FBA products that will be most in demand, which will help them get the highest ROI. Machine Learning is the Key to Choosing FBA Products.

Machine Learning 94

Machine Learning ROI Marketing Big Data 94

BizAcuity

FEBRUARY 15, 2019

Sales Analytics in simple terms can be defined as the process used to identify, understand, predict and model sales trends and sales results and in this process of understanding of these trends helps its users in finding improvement points. Image Source: [link].

Sales 67

Sales Analytics B2B ROI 67

Smart Data Collective

MARCH 30, 2022

While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are. New ecommerce startups are discovering interesting ways to utilize analytics. Those that have a solid strategy predicated on it will have a higher ROI.

Analytics 128

Analytics Cost-Benefit Testing Dashboards 128

CIO Business Intelligence

APRIL 22, 2024

“But we took a step back and asked, ‘What if we put in the software we think is ideal, that integrates with other systems, and then automate from beginning to end, and have reporting in real-time and predictive analytics?’” CIOs have other work to do to create more business-driven IT shops, Papovsky says.

IT 126

IT Data-driven Strategy Consulting 126

Smarten

JUNE 22, 2022

It is also supported by advanced analytics components including natural language processing (NLP) search analytics, and assisted predictive modeling to enable the Citizen Data Scientist culture. The benefits of Embedded BI and Augmented Analytics are numerous. Benefits of Embedded BI.

Slice and Dice 78

Slice and Dice Digital Transformation Business Intelligence Predictive Modeling 78

Cloudera

JANUARY 29, 2021

But then conflicting information arrives as VentureBeat reports that around 90 percent of machine learning models never make it into production? These insights will deliver dashboards, reports and predictive analytics that drive high-value manufacturing use cases. Lack of Clear ROI . Ongoing Talent Challenges.

Internet of Things 53

Internet of Things Manufacturing ROI Machine Learning 53

IBM Big Data Hub

JUNE 29, 2023

This information is then used to build predictive models of an asset’s performance over time and help spot potential problems before they arise. One of the ways maintenance managers refine and improve predictive analytics to increase asset reliability is through the creation of a digital twin.

Cost-Benefit 80

Cost-Benefit Measurement Predictive Analytics Management 80

Smart Data Collective

DECEMBER 19, 2019

According to the CTO of McAfee, it is very unfortunate that AI provides cybercriminals with the right tools to enjoy a great ROI. Using machine learning models , AI-powered systems easily mimic humans. Modeling User Behavior. Identifying malicious activities and threats much before using advanced predictive analytics.

Machine Learning 90

Machine Learning Reporting Testing Marketing 90

BizAcuity

APRIL 25, 2022

The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. ROI is sacrosanct for a casino business. No ROI, no investment. Casinos have to continuously work on the game mix such that they are able to generate ROI while managing player win expectations.

Marketing 52

Marketing Strategy ROI Digital Transformation 52