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. According to Gartner, the BI adoption rate is only 35%.

ROI 52

ROI Business Intelligence Cost-Benefit Software 52

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 76

Slice and Dice Digital Transformation Business Intelligence Predictive Modeling 76

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

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 62

Analytics Machine Learning Predictive Modeling Visualization 62

Smarten

DECEMBER 13, 2022

As businesses plan for data democratization, it is important to include a strategy to ensure that business users will accept augmented analytics solutions and adapt to the new Citizen Data Scientist role. Dissatisfied customers often close an account or choose another service provider without explaining their decision.

Cost-Benefit 52

Cost-Benefit B2B Optimization Predictive Modeling 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

FEBRUARY 13, 2022

This type of solution includes key influencer analytics, anomaly detection, alerts, clickless analytics and other tools designed to support the transformation of business users to Citizen Data Scientists and to increase data literacy in the enterprise.

Analytics 52

Analytics Key Performance Indicator Business Intelligence ROI 52

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

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. Meanwhile, predictive analytics enable them to analyze customer market trends.

Data Analytics 52

Data Analytics Analytics ROI Data-driven 52

Smarten

DECEMBER 12, 2018

Business Intelligence uses historical data to reveal where the business has been, and managers can use this data to predict competitive response, and ongoing changes in buying behaviour. Original Post: What is Advanced Analytics and What Are the Benefits of Advanced Analytics?

Analytics 40

Analytics Business Intelligence Data mining Predictive Modeling 40

Jedox

JULY 23, 2019

AI-based machine learning and predictive analytics will start to give us more powerful crystal balls. This is a space that is largely unexplored and represents immense potential for us to understand, interpret, communicate and execute on these predictions. Financial Modeling. Crystal ball.

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 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

Smarten

JUNE 25, 2018

Business Benefit: By identifying mean/median income of this segment, one can target marketing to this segment in order to improve ROI and sales revenue. Business Problem: Find out the average age and income for a particular type of product category purchased. Be sure to choose the right method for the type of data.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

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. Meanwhile, predictive analytics enable them to analyze customer market trends.

Data Analytics 40

Data Analytics Analytics ROI Data-driven 40

Smarten

SEPTEMBER 9, 2024

To fulfill the role of a Citizen Data Scientist, business users today can leverage augmented analytics solutions; that is analytics that provide simple recommendations and suggestions to help users easily choose visualization and predictive analytics techniques from within the analytical tool without the need for expert analytical skills.

Consulting 52

Consulting Cost-Benefit Data Science Business Intelligence 52

IBM Big Data Hub

FEBRUARY 14, 2024

By infusing AI into IT operations , companies can harness the considerable power of NLP, big data, and ML models to automate and streamline operational workflows, and monitor event correlation and causality determination. AIOps is one of the fastest ways to boost ROI from digital transformation investments.

Cost-Benefit 82

Cost-Benefit Insurance Machine Learning Unstructured Data 82

Jet Global

MAY 1, 2023

Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. Costs: The investment in developing and maintaining the solution. “-1”: The formula assures that a positive ROI is achieved only when benefits exceed the costs. Benefits: The combination of strategic benefits (e.g., cost reduction).

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Smarten

JANUARY 6, 2025

Empowering Users The low code, no-code analytics approach enables team members with tools that allow for data visualization, data preparation, predictive modeling, and the use of analytics to create reports, dashboards and data visualization. Download a free trial of Smarten Analytics software.

Predictive Analytics 40

Predictive Analytics Cost-Benefit Business Intelligence Visualization 40

Smarten

JANUARY 6, 2025

When we consider the use of LCNC in business intelligence (BI) tools and predictive analytics, the reason for the uptick in usage among developers and IT professionals is quite clear. Finding and choosing the right solution will drive willing user adoption, improved Return on Investment (ROI) and low Total Cost of Ownership (TCO).

Marketing 40

Marketing Predictive Analytics Analytics IT 40

CIO Business Intelligence

MAY 6, 2025

Predictive analytics: Turning insight into foresight Predictive analytics uses historical data and statistical models or machine learning algorithms to answer the question, What is likely to happen? This is where analytics begins to proactively impact decision-making. Its a symptom of needing one.

Prescriptive Analytics 78

Prescriptive Analytics Predictive Analytics Descriptive Analytics ROI 78