DataRobot

NOVEMBER 24, 2021

Increase ROI through Greater Operational Savings. But it had trouble predicting sellout volume at scale and automating the necessary modeling and forecasting. To meet these needs, it turned to AI, running the DataRobot AI Cloud on AWS instead of following its previously backbreaking, manual model-building process.

Cost-Benefit 98

Cost-Benefit ROI Data-driven Predictive Modeling 98

CIO Business Intelligence

MAY 9, 2024

That includes IT, to align AI technologies with existing infrastructure; HR, on workforce development; finance, to understand funding and new business cost models; and legal and compliance, to ensure responsible use of AI. This includes skills in statistical analysis, data visualization, and predictive modeling.

Risk Management 138

Risk Management Cost-Benefit Risk Technology 138

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

Smarten

FEBRUARY 6, 2025

Finding and choosing the right solution will drive willing user adoption, improved Return on Investment (ROI) and low Total Cost of Ownership (TCO). Predictive Modeling A wizard-based, guided user interface (UI) helps users to create predictive models with no need for IT intervention, and no programming or scripting experience.

Predictive Analytics 40

Predictive Analytics Key Performance Indicator Analytics Predictive Modeling 40

Smarten

MARCH 19, 2019

In today’s competitive business market, every senior executive looks at risk, value and calculations like return on investment (ROI) and total cost of ownership (TCO) before approving a budget. Original Post: Proven, Rapid ROI Assures Project Funding for Augmented Analytics Projects.

ROI 40

ROI Analytics Cost-Benefit Predictive Modeling 40

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

Others argue that there will still be a unique role for the data scientist to deal with ambiguous objectives, messy data, and knowing the limits of any given model. The ROI of human involvement When it comes to human involvement, the key difference is in the magnitude of costs associated with any one forecast cycle.

Forecasting 115

Forecasting Data Science Statistics Uncertainty 115

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. Improve user adoption and ROI for BI investments and for existing technology and software investments. Benefits of Embedded BI.

Slice and Dice 78

Slice and Dice Digital Transformation Business Intelligence Predictive Modeling 78

Smarten

MAY 17, 2024

The organization looks for a solution that is easy enough for its business users and intuitive enough to produce clear results; one that also provides sophisticated functionality and features and will produce a suitable Return on Investment (ROI) and Total Cost of Ownership (TCO). It also optimizes its resources, knowledge and time.

Analytics 52

Analytics Predictive Modeling ROI Cost-Benefit 52

Smarten

AUGUST 6, 2024

So, if a power user or business users discovers a challenge or an opportunity and your management team wishes to further explore the issue to understand its strategic or operational value, a Data Scientist can take the predictive model or other analytical report produced by a Citizen Data Scientist and refine the results for executive review.

Predictive Modeling 64

Predictive Modeling Key Performance Indicator Data-driven Finance 64

Smarten

SEPTEMBER 19, 2017

If you are to fully leverage predictive analytics, you must provide easy-to-use assisted predictive modeling tool. These plug n’ play predictive analytics solutions allow your business users to dive in and participate in predictive analytics.

Predictive Analytics 63

Predictive Analytics Predictive Modeling ROI Forecasting 63

Smarten

AUGUST 13, 2024

The organization can leverage and change data workflows, reports, dashboards and predictive models without extensive coding or time investment. Gartner predicts that 75% of new global software solutions will incorporate a low-code approach.’

Analytics 59

Analytics Cost-Benefit Predictive Modeling Dashboards 59

Sisense

SEPTEMBER 25, 2020

Interpreting better results: Statistical techniques allow users to make predictions for unseen data, more easily improving the accuracy of output and results. Applying appropriate machine learning (ML) models: Different ML techniques are better suited for different types of problems. Actual Predicted 23.1 24.369364 32.2

Statistics 98

Statistics Predictive Modeling Modeling Machine Learning 98

Smarten

APRIL 17, 2018

How Can Assistive Predictive Modeling Help My Business Users? Predictive Analytics Software should be easy to implement, easy to personalize and easy to use. Assisted Predictive Modeling can help your business achieve its goals. If you want to find out more, Contact Us.

Predictive Analytics 40

Predictive Analytics Predictive Modeling Analytics Forecasting 40

Smarten

AUGUST 21, 2019

Assisted Predictive Modeling – These tools enable the average business user to leverage sophisticated predictive algorithms without requiring statistical or data science skills. Users can highlight trends and patterns, test hypotheses and theories to reduce business risk, and easily predict and forecast results.

Analytics 53

Analytics Predictive Modeling Visualization Statistics 53

CIO Business Intelligence

JULY 26, 2023

Joe Wilhemy, vice president of Re/Max’s business technology and data platforms, says Re/Max has built several machine learning models and adopted one via an acquisition called “first mover score,” which is designed to inform an agent about contacts in their database who are most likely to list their homes in the near future.

Data Lake 98

Data Lake Digital Transformation Machine Learning Data Architecture 98

Smarten

MARCH 31, 2023

Integration of PMML Models From Third-Party Platforms Supports Business User Needs! If a tool or solution is difficult to use or if it must be combined with other tools to get results, users will become frustrated and will abandon the solution, resulting in poor return on investment (ROI) for the organization.

Analytics 52

Analytics Predictive Modeling ROI Modeling 52

Smarten

JUNE 8, 2023

For more information on Mobile BI and Augmented Analytics, read our article, Mobile BI Solves Real World Problems And Improves ROI And TCO Explore Smarten Mobile Augmented Analytics And Mobile BI and add powerful functionality and access for your business users with out-of-the-box Mobile BI and advanced analytics for every team member.

Optimization 69

Optimization Enterprise Business Intelligence Predictive Modeling 69

Smarten

OCTOBER 10, 2024

This approach will help the organization achieve its analytical goals while ensuring an appropriate return on investment (ROI) and decreasing Total Cost of Ownership (TCO). It can also encourage and enable Citizen Data Scientist initiatives and improve data literacy.

Analytics 64

Analytics Machine Learning Predictive Modeling Visualization 64

DataRobot

JANUARY 13, 2022

Many companies find that they have a treasure trove of data but lack the expertise to use it to improve ROI. To move from experimental AI to production-level, trustworthy, and ROI-driven AI, it’s vital to align data scientists, business analysts, domain experts, and business leaders to leverage overlapping expertise from these groups.

ROI 52

ROI Machine Learning Experimentation Data Science 52

Smarten

JULY 31, 2019

Once the business has chosen data democratization and implemented a self-serve analytics solution, it must measure ROI & TCO and establish metrics that will compare business results achieved before and after the implementation. How does one measure the effectiveness of a new Augmented Data Discovery solution?

Predictive Modeling 40

Predictive Modeling Metrics Measurement ROI 40

Smarten

SEPTEMBER 11, 2018

With the right Advanced Analytics Tools , your business users will adopt and use these tools with confidence and they can enjoy assisted predictive modeling, self-serve data preparation, smart data visualization and more! Advance data discovery within your organization with great ROI and low TCO and a swift implementation.

Analytics 40

Analytics Predictive Modeling ROI Visualization 40

DataRobot

NOVEMBER 15, 2021

DataRobot AI Cloud on AWS enables organizations across the banking and healthcare industry to easily build, deploy, and monitor machine learning models that yield actionable insights and ROI. DataRobot & Palantir Foundry Demand Forecasting Solution.

Manufacturing 52

Manufacturing Forecasting Machine Learning Data-driven 52

Smarten

FEBRUARY 13, 2022

When the business combines Modern BI tools with advanced analytics, it can encourage user adoption with tools that are easy and intuitive to use, thereby improving total cost of ownership (TCO) and return on investment (ROI).’.

Analytics 52

Analytics Key Performance Indicator Business Intelligence ROI 52

Smarten

MAY 30, 2023

The silo approach to data is never a good idea if you want to improve total cost of ownership (TCO), return on investment (ROI) and user adoption! Integrate objects (Dashboards, Crosstab, Tabular, KPIs, Graphs, Reports, models, Clickless Analytics and more).’ Now you are asking them to learn a new solution specifically for analytics.

Slice and Dice 52

Slice and Dice Business Intelligence Cost-Benefit Dashboards 52

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

Smarten

SEPTEMBER 9, 2024

You will want an IT consultant that can: Encourage Collaboration Engender Accountability Improve user adoption, improve Business Intelligence ROI and overall organizational value Improve Data Literacy Increase Fact-Based Decision-Making Optimize IT, Data Scientist and Business User resources Transform Business Users into Citizen Data Scientists!

IT 52

IT Consulting KPI Business Intelligence 52

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

Occam's Razor

JANUARY 7, 2019

Does swapping out male model posters for cute animals triple sales? Throw away your custom attribution model. From the tens of hours saved per week, figure out how to feed offline data into your data driven attribution model. There is too much goodness in modeling that you are not taking advantage of.

Marketing Analytics 89

Marketing Analytics Marketing Analytics Strategy 89

Smarten

JUNE 14, 2019

With NLP searches and queries, business users are free to explore data and achieve accurate results and the organization can achieve rapid ROI and sustain low total cost of ownership (TCO) with tools as familiar as a Google search.

Cost-Benefit 40

Cost-Benefit IT Predictive Modeling Business Intelligence 40

Smarten

DECEMBER 13, 2022

With business users on board, the enterprise can capitalize on its strategy and optimize return on investment (ROI) and total cost of ownership (TCO) for its technology investment. Gartner predicts that, ‘overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’.

Cost-Benefit 52

Cost-Benefit B2B Optimization Predictive Modeling 52

DataRobot Blog

NOVEMBER 9, 2017

I’ve spent the last 2+ years working with business analysts and MBA’s to build predictive models. You could: Change the way your company handles sales prospects by ranking them with a machine learning model. Improve the way your organization maintains its equipment using predictive maintenance.

Machine Learning 52

Machine Learning Data-driven Sales Software 52

Alation

MAY 2, 2023

Data analytics techniques, such as machine learning (ML), artificial intelligence (AI), and predictive modeling, can help businesses extract valuable insights from this data to improve operations and customer experience. With this data, they can make informed changes to business models, operations, and offerings.

Data Analytics 52

Data Analytics Analytics ROI Data-driven 52

DataRobot Blog

APRIL 1, 2022

But the secret for getting an actual benefit from AI is not as simple as developing some models or purchasing an AI platform. The first challenge is getting models into production. Also, degrading models over time can pose a significant risk to the business. It’s not enough to buy it. Challenge #1. Challenge #2.

Machine Learning 45

Machine Learning Cost-Benefit Predictive Modeling ROI 45

Jedox

JULY 23, 2019

These are often not “out of the box” solutions and will require us to spend time learning new skills in process automation, analytics and financial modeling. This enriched data can then inform the marketing team more specifically the personas and buying habits for their products and in order to achieve higher ROI from marketing spend.

Technology 52

Technology Forecasting Finance Data-driven 52

Smarten

JULY 3, 2017

When an enterprise selects a self-serve business intelligence solution with Advanced Data Discovery , Smart Data Visualization , Plug n’ Play Predictive Analysis and Self-Serve Data Preparation , it can create an environment where business users are empowered and become greater assets to the organization.

Visualization 40

Visualization Predictive Modeling Business Intelligence Experimentation 40

Smarten

NOVEMBER 26, 2023

Your business has high hopes for its business intelligence implementation and it anticipates many benefits, a good return on investment (ROI) and low total cost of ownership (TCO). For many business intelligence users, BI dashboard tools will be just as important as the more advanced analytical tools like assisted predictive modeling.

Business Intelligence 40

Business Intelligence Key Performance Indicator ROI Dashboards 40

Smarten

NOVEMBER 3, 2017

Business users can quickly and easily prepare and analyze data and visualize and explore data, notate and highlight data and share data with others to identify the important ‘nuggets’, buried in traditional data, and to connect the dots, find exceptions, identify patterns and trends and better predict results.

Analytics 40

Analytics Visualization Experimentation Cost-Benefit 40