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Advanced Data Analytics for the Smart Retailers

BizAcuity

Supply chain visibility: The capacity to track and monitor individual components, and finished goods from the source till it reaches the consumer is called Supply chain visibility. Current trends show retailers experimenting with emerging technologies like Predictive Analytics and IoT.

Retail 147
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Data-Driven Strategies to Help Prevent ACH Fraud

Smart Data Collective

A growing number of banks, insurance companies, investment management firms and other financial institutions are finding creative ways to leverage big data technology. The market size for financial analytics services is currently worth over $25 billion. Lower costs. Fortunately, data analytics tools make it easier.

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Workers’ Compensation Platform Uses Big Data For Better Outcomes

Smart Data Collective

The platform is using big data to determine the risks and benefits of drug therapy. The platform monitors the patient to be able to determine thresholds, when passed, indicate that a person is at “high-risk.” IBM is one of the companies that believes big data is going to have an even bigger role on the insurance industry in the future.

Big Data 192
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How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

Its effective data analytics that allows personalization in marketing & sales, identifying new opportunities, making important decisions and being sustainable for the long term. Competitive Advantages to using Big Data Analytics. It includes data generation, aggregation, analysis and governance.

Big Data 130
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TIBCO JasperSoft for BI and Reporting

BizAcuity

Boris Evelson, principal analyst at Forrester Research pointed out that while Jaspersoft may not match the likes of Oracle, Microsoft, or IBM, feature for feature. JasperSoft is available at a fraction of the cost compared to its commercial counterparts who dominate the market. JasperSoft for Big Data Analytics.

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Leveraging AI and Workflow Automation in Manufacturing

Argon Digital

By integrating AI and automation into various processes, manufacturers can unlock a myriad of benefits, leading to increased efficiency, reduced costs, and enhanced overall productivity. Inventory Management : AI-powered demand forecasting can help manufacturers maintain optimal inventory levels, reducing storage costs and avoiding stockouts.

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Optymyze CEO Discusses How To Use Data Analytics To Improve Your Business Processes

Business Analyst Learnings

Set Goals With Your Data Before you use data to make decisions, it's essential to clearly define what you're trying to achieve from an analytical standpoint. For example, if your goal is to reduce costs by 10%, you'll need to focus on finding areas where cost savings can be made.