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5 Ways Companies Use Machine Learning to Improve Workplace Productivity

Smart Data Collective

Technology has become so advanced that, today, there’s an app for almost anything, from children’s education, to home improvement, to health monitoring, to workplace productivity. The retail landscape often finds it challenging to keep personnel costs low, while ensuring that customers are happy and satisfied.

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Why Data Center Colocation Is The Answer To Your Data Growth

Smart Data Collective

The colocation company will store it securely in an environment that is cool and monitored – perfect for servers. On the other hand, retail providers deal with smaller spaces. This means that it is up to you to provide servers and other pieces of hardware necessary for daily tasks. And of course, it comes at a certain price.

Retail 334
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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

With access to previous data, these companies can monitor purchasing behavior and predict future trends. An excellent example is how the Oversea-Chinese Banking Corporation (OCBC) designed a successful event-based marketing strategy based on the high amounts of historical customer data they collected. Forecasting Future Market Trends.

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Five Types of Concentration Risks to Monitor in Real Time

Insight Software

To do so, it is critically important to have strong reporting and monitoring tools and procedures in place to ensure that you do not cross pre-defined thresholds and that you can take quick action if and when you have to cross them. In this case, it’s important to have due diligence processes in place around key vendor relationships.

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5 Incredible IoT Applications In Civil Engineering

Smart Data Collective

From retail and commerce to manufacturing, the technology continues to do some pretty amazing things in nearly every sector. The technology significantly improves automation and remote monitoring for many tasks, allowing operators to remain hands-off more than ever before. The civil engineering field is no exception.

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Is data volume making retailers too sluggish?

Domo

Fresh off of a great event for Domo at IRCE 2014 in Chicago, I thought I would share a few thoughts and observations that shaped many of the conversations we had with people stopping by to meet us. Abundance—or overabundance—of “solutions” The size of the show was impressive with many new offerings for retailers.

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A Beginner’s Guide To Inventory Metrics And Best Practices

Data Pine

Inventory metrics are indicators that help you monitor, measure, and assess your performance – and thus, give you some keys to optimize your processes as well as improve them. If you’re centered only on monitoring numbers, without focusing on the human aspect, you risk business bottlenecks in the long run.