Smart Data Collective

AUGUST 8, 2019

Big data is the lynchpin of new advances in cybersecurity. Unfortunately, predictive analytics and machine learning technology is a double-edged sword for cybersecurity. Datanami has talked about the ways that hackers use big data to coordinate attacks. Phishing-as-a-Service on the rise, due to big data.

Big Data 220

Big Data Banking Cybersecurity Predictive Analytics 220

Smart Data Collective

OCTOBER 6, 2023

There are a number of huge benefits of using data analytics to identify seasonal trends. Data Analyst Solomon Nyamson wrote an article on Linkedin pointing out that predictive analytics tools like Sarima have made it easier than ever to forecast retail sales due to seasonal changes.

Retail 312

Retail Predictive Analytics Supply Chain Big Data 312

Smart Data Collective

APRIL 16, 2019

Predictive analytics is the foundation of modern marketing. Companies rely on predictive analytics to: Get a better understanding of customer behavior based on past data that has been collected. Use existing data sets to identify future trends that will influence the future of your business.

Predictive Analytics 172

Predictive Analytics Big Data Planning Digital 172

Smart Data Collective

MARCH 3, 2021

The legal sector is still in its infancy when it comes to big data and analytics. Lawyers and law experts are trying to figure it out, and consternation continues to shadow some corners because not everyone can quite understand what analytics is and how it can improve the personal injury law industry.

Big Data 331

Big Data Predictive Analytics Data Analytics Data Analytics 331

Smart Data Collective

JANUARY 27, 2021

A number of new predictive analytics algorithms are making it easier to forecast price movements in the cryptocurrency market. Conversely, if predictive analytics models suggest that the value of a cryptocurrency price is likely to decrease, more investors are likely to sell off their cryptocurrency holdings.

Predictive Analytics 351

Predictive Analytics Artificial Intelligence Big Data Monitoring 351

Smart Data Collective

JULY 21, 2022

We have previously talked about the many ways that big data is disrupting education. Big data isn’t just helping with education in the field of academia. Individual companies are also finding ways to take advantage of data to foster learning. Data-Driven Learning is the Future of the Engineering Sector.

Big Data 346

Big Data Data Analytics Data Analytics Digital 346

Marutitech

DECEMBER 17, 2021

You leave for work early, based on the rush-hour traffic you have encountered for the past years, is predictive analytics. Financial forecasting to predict the price of a commodity is a form of predictive analytics. Simply put, predictive analytics is predicting future events and behavior using old data.

Predictive Analytics 140

Predictive Analytics Data Mining Finance Data Analytics 140

Smart Data Collective

OCTOBER 20, 2020

Data analytics is at the forefront of the modern marketing movement. Companies need to use big data technology to effectively identify their target audience and reliably reach them. Big data should be leveraged to execute any GTM campaign. The Right Data Analytics Tools Must Be Leveraged for GTM Strategies.

Data Analytics 273

Data Analytics Data Analytics Big Data Data Mining 273

Smart Data Collective

MAY 3, 2022

A few years ago, Walter Baker and his colleagues at McKinsey reported that one of the biggest advantages of big data in business is that it can help with pricing decisions. “Without uncovering and acting on the opportunities big data presents, many companies are leaving millions of dollars of profit on the table.

Data Analytics 248

Data Analytics Data Analytics Big Data Monitoring 248

Smart Data Collective

NOVEMBER 29, 2019

Big data is changing the future of the SEO profession. We have witnessed a number of ways that big data can influence the industry. Some of the changes include the following: Big data can be used to identify new link building opportunities through complicated Hadoop data-mining tools. In 2016, Inc.

Big Data 133

Big Data Data Mining Predictive Analytics User Experience 133

Smart Data Collective

JANUARY 26, 2022

Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? Last year, we published an article on the ways that big law and big data are intersecting. We have had time to observe some major developments of legal analytics over the last year.

Data Analytics 198

Data Analytics Data Analytics Predictive Analytics Big Data 198

Smart Data Collective

MARCH 22, 2019

Big data is helping online entrepreneurs address some of the most pressing obstacles that they have faced for years. However, there are less obvious applications of big data that are equally important. However, there are less obvious applications of big data that are equally important.

Big Data 116

Big Data E-Commerce Logistics Predictive Analytics 116

Smart Data Collective

JUNE 16, 2021

The lack of training and development in the workforce presents developers with a challenge that they cannot ignore. This is another area where data analytics can be useful. Big data technology helps many organizations facilitate mergers and acquisitions , as Deloitte has pointed out.

Data Analytics 234

Data Analytics Data Analytics Cybersecurity Predictive Analytics 234

BizAcuity

DECEMBER 2, 2024

Data is everywhere. And while Big Data is often seen as a buzzword, for many businesses, it’s a real challenge—how do you sift through mountains of data and make sense of it all? Let’s explore how BI tools can help you get the most out of Big Data—and ultimately drive your business forward.

Business Intelligence 130

Business Intelligence Business Intelligence Big Data Predictive Analytics 130

Smart Data Collective

MARCH 27, 2023

Join the data revolution and secure a competitive edge for businesses vying for supremacy. Data Scientists and Analysts use various tools such as machine learning algorithms, statistical modeling, natural language processing (NLP), and predictive analytics to identify trends, uncover opportunities for improvement, and make better decisions.

Predictive Analytics 255

Predictive Analytics Big Data Data Analytics Data Analytics 255

Data Pine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications.

Supply Chain 110

Supply Chain Logistics Big Data Customer Experience 110

BizAcuity

MARCH 31, 2022

You must be tired of continuously hearing quotes like, ‘data is the new oil’ and what not. This article (like thousands of other articles), is aimed at presenting consolidated information about AI for business in simple language. A lot of testing AI methods can be utilized for better and more accurate outcomes from mining the data.

Artificial Intelligence 130

Artificial Intelligence Data Analytics Data Analytics Predictive Analytics 130

Smart Data Collective

AUGUST 9, 2021

In order to become an effective data-driven business, it is necessary to understand what types of data to focus on. One of the most important things to do is use big data to study the effective decisions of other companies. This helps them utilize analytics to figure out what strategies will truly work the best.

Big Data 160

Big Data Data Analytics Data Analytics Logistics 160

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. One overlooked benefit is by choosing the right products with big data technology. What are the complaints or negatives presented in those? Improving Your Product. Can you fix them?

E-Commerce 195

E-Commerce Big Data Predictive Analytics Planning 195

The BAWorld

NOVEMBER 5, 2024

” based on the available data. Diagnostics Analytics is used to discover or to determine “why something happened?” ” Predictive Analytics tells about “What is likely to happen?” ” based on the available data. So Google analytics engine nicely summarizes this data for me.

Big Data 98

Big Data Data Mining Data Analytics Data Analytics 98

Analysts Corner

OCTOBER 26, 2024

Source: Mirko Peters with MidJourney and Canva Have you ever walked into a meeting brimming with excitement about a new data project, only to be met with blank stares and crossed arms? I remember my first presentation on a data governance initiative; I was full of hope, but the room felt as cold as an icebox. Probably not.

Data Governance 130

Data Governance Government Visualization Data Analytics 130

Data Pine

MAY 14, 2019

“Big data is at the foundation of all the megatrends that are happening.” – Chris Lynch, big data expert. We live in a world saturated with data. At present, around 2.7 Zettabytes of data are floating around in our digital universe, just waiting to be analyzed and explored, according to AnalyticsWeek.

Artificial Intelligence 140

Artificial Intelligence Big Data Business Intelligence Business Intelligence 140

BizAcuity

MAY 16, 2022

The more effectively a company uses data, the better it performs. Cutting down latency or delay is now one of the most crucial elements of business intelligence strategy in present times. When information is at your fingertips, the possibilities are endless. Do let us know if you found the blog useful in the comments.

Business Intelligence 130

Business Intelligence Business Intelligence Data Mining Data Warehouse 130

Sisense

NOVEMBER 30, 2020

While Zoom’s core business may be videoconferencing, the data Zoom gathers for and about its users is equally critical to its success. The emergence of AI and machine learning-based predictive analytics will lead to insights from the data that will also prove important to the app’s competitiveness.

Embedded Analytics 98

Embedded Analytics Predictive Analytics Data Warehouse Innovation 98

Data Pine

MAY 9, 2019

“Without big data, you are blind and deaf and in the middle of a freeway.” – Geoffrey Moore, management consultant, and author. In a world dominated by data, it’s more important than ever for businesses to understand how to extract every drop of value from the raft of digital insights available at their fingertips.

Business Intelligence 108

Business Intelligence Business Intelligence Procurement Data Warehouse 108

Data Pine

MARCH 8, 2021

We’ve delved into the impact of big data in healthcare. Healthcare reports can help reduce errors, enhance the acquisition of vital patient data, reduce needless expenditure, and improve healthcare processes exponentially. This is a testament to the essential role of predictive analytics in the sector.

Healthcare 79

Healthcare Predictive Analytics Monitoring Digital 79

Smart Data Collective

MARCH 24, 2019

Your website’s presentation and security work in the same way and there are absolutely no excuses for having a poorly-designed website. In the past, you would never go inside the store that dirty and has broken doors and windows; you’d always feel safe opting for the store that doesn’t look rundown.

E-Commerce 173

E-Commerce User Experience Innovation Digital 173

Data Pine

JUNE 5, 2019

As mentioned earlier, a data dashboard has the ability to answer a host of business-related questions based on your specific goals, aims, and strategies. A data dashboard assists in 3 key business elements: strategy, planning, and analytics. This kind of “focus adjustment” just isn’t possible with spreadsheets. Not pretty.

Logistics 126

Logistics Visualization Data Visualization Digital 126

Sisense

JULY 29, 2020

In Data-Powered Businesses , we dive into the ways that companies of all kinds are digitally transforming to make smarter data-driven decisions, monetize their data, and create companies that will thrive in our current era of Big Data. One of the few certainties in any organization is change.

Digital Transformation 95

Digital Transformation Healthcare Procurement Embedded Analytics 95

Data Pine

NOVEMBER 5, 2019

In fact, according to eMarketer, 40% of executives surveyed in a study focused on data-driven marketing, expect to “significantly increase” revenue. Not to worry – we’ll not only explain the link between big data and business performance but also explore real-life performance dashboard examples and explain why you need one (or several).

Monitoring 88

Monitoring Visualization Big Data Chief Data Officer 88

Astera

MAY 30, 2024

Data Mining : Sifting through data to find relevant information. Statistical Analysis : Using statistics to interpret data and identify trends. Predictive Analytics : Employing models to forecast future trends based on historical data. What Is Big Data Analytics?

Data Analytics 52

Data Analytics Data Analytics Data Mining Supply Chain 52

Data Pine

JULY 1, 2020

Typically, ad hoc data analysis involves discovering, presenting, and actioning information for a smaller, more niche audience and is slightly more visual than a standard static report. Without big data, you are blind and deaf and in the middle of a freeway.” – Geoffrey Moore. Artificial intelligence features.

Retail 104

Retail Healthcare Visualization Business Intelligence 104

Data Pine

APRIL 22, 2020

“Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway.” – Geoffrey Moore. And, as a business, if you use your data wisely, you stand to reap great rewards. But, with so much data and such little time, where do you even begin? We live in the age of information.

Digital 75

Digital Visualization Retail Data Visualization 75

Sisense

OCTOBER 6, 2020

Consequently, using quantitative data, you can make strategic and tactical decisions that will benefit your organization and drive growth. What are the problems with quantitative data? Despite its many uses, quantitative data presents two main challenges for a data-driven organization.

Visualization 98

Visualization Data Warehouse Innovation Predictive Analytics 98

Data Pine

OCTOBER 17, 2019

Management reporting is a source of business intelligence that helps business leaders make more accurate, data-driven decisions. But, these reports are only as useful as the work that goes into preparing and presenting them. In essence, data reporting is a specific form of business intelligence that has been around for a while.

Visualization 105

Visualization Data Visualization Digital Real-time Data 105

Data Pine

MARCH 15, 2019

At present, 53% of businesses are in the process of adopting big data analytics as part of their core business strategy – and it’s no coincidence. To win on today’s information-rich digital battlefield, turning insight into action is a must, and online data analysis tools are the very vessel for doing so.

Healthcare 57

Healthcare Retail Big Data Vision 57

Data Pine

MARCH 31, 2022

To simplify things, you can think of back-end BI skills as more technical in nature and related to building BI platforms, like online data visualization tools. Front-end analytical and business intelligence skills are geared more towards presenting and communicating data to others.

Business Intelligence 95

Business Intelligence Business Intelligence Data Visualization Visualization 95