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

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. Data scientists typically come equipped with skills in three key areas: mathematics and statistics, data science methods, and domain expertise. And any predictive model can become an AI app in minutes—no coding required.

ROI 52

ROI Machine Learning Experimentation Data Science 52

CIO Business Intelligence

JULY 26, 2023

Like rivals, Keller Williams will not provide a hardened ROI on a process that is only one part technology and still largely relationship-based between agent and customer. One simple use of generative AI, for instance, requires teaching agents how to list their properties in more descriptive ways than in the past.

Data Lake 98

Data Lake Digital Transformation Machine Learning Data Architecture 98

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

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

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

Gartner defines a citizen data scientist as, ‘ a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside of the field of statistics and analytics.’ Who is a Citizen Data Scientist?

Consulting 52

Consulting Cost-Benefit Data Science Business Intelligence 52

Insight

FEBRUARY 19, 2020

Building Models to Predict Movie Profitability Here I use profitability as the metric of success for a film and define profitability as the return on investment (ROI). The ROI is simply the fraction of the budget that the movie makes back at the box office (i.e., ROI = Profit/Budget). 158% (median ROI of 82%)!

Risk 67

Risk ROI Modeling Metrics 67

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. The formula looks like this: ($750k / $250k) = 3, so the ROI is 200 percent.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52