Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

Predictive Analytics 349

Predictive Analytics Pharmaceutical Artificial Intelligence Data Mining 349

Smart Data Collective

AUGUST 6, 2020

Maritime cyber risk refers to a measure of the extent to which a technology asset could be threatened by a potential circumstance or event, which may result in shipping-related operational, safety or security failures as a consequence of information or systems being corrupted, lost or compromised.”. Invest in Malware Prevention.

Cybersecurity 302

Cybersecurity Monitoring Planning 302

Smart Data Collective

SEPTEMBER 12, 2021

You can use data analytics tools to forecast future expenses and assess the probability of various costly events (such as your car breaking down based on its age and model), so you can create an emergency fund that addresses these risks. Risk is simply the potential for money loss while gains refer to the value increase of your investment.

Big Data 290

Big Data Data Analytics Data Analytics Planning 290

Smart Data Collective

JANUARY 19, 2021

A time that world leaders and innovators refer to as the fourth industrial revolution. Businesses have been block-chaining agreements as well, formally referred to as smart contacts, to secure terms and agreements. With all that being said, we are emerging in a period of evolution in a world plagued by troubling times.

Finance 348

Finance Supply Chain Banking Artificial Intelligence 348

Smart Data Collective

SEPTEMBER 16, 2022

The term decentralized finance refers to a movement that aims to create an open and accessible ecosystem of financial services that is accessible to every user and can operate without the influence of government agencies. Decentralized finance. Speaking of global fintech trends, one cannot fail to mention Big Data.

Artificial Intelligence 325

Artificial Intelligence Banking Cybersecurity Finance 325

Smart Data Collective

JULY 4, 2019

Widely referred to as the “ fabric of the future ”, analytics has been tipped as the leading building block of the not-so-distant-future. Additionally, analytics refers to the process of then applying uncovered patterns towards effective decision making. Understanding the fabric of analytics.

Digital 278

Digital Innovation Data Discovery Big Data 278

Smart Data Collective

AUGUST 13, 2019

According to Google, AI refers to “the theory and development of computer systems able to perform tasks normally requiring human intelligence. AI should only be used in the event of filtering and matching results with the company’s requirements. Understanding artificial intelligence. AI is embedded into the future of the digital era.

Digital 263

Digital Artificial Intelligence Innovation Visualization 263

Smart Data Collective

JULY 8, 2019

When reviewing accident data , you gain insight and knowledge into how the event occurred and if there were proper safety protocols in place. All of this data can help provide an overall look at potential workplace events in a “real world” manner. To be clear, the term “ near-misses ” refers to accidents that nearly happened.

Big Data 233

Big Data Predictive Analytics Planning Data Management 233

Smart Data Collective

DECEMBER 29, 2022

When referring to data, it may be discovered that errors increase significantly among healthcare workers after working for six hours. Anyone who has ever worked in a busy healthcare facility understands that it can be hectic given the seemingly endless number of processes and events going on simultaneously.

Healthcare 317

Healthcare Data Analytics Data Analytics Digital 317

Smart Data Collective

DECEMBER 22, 2021

These efficiency-boosting applications for business are what we refer to as “business apps”. Event and Meeting Management Software: A software system for large organizations to manage meetings and corporate events across the enterprise. Business apps can take many shapes and forms depending on their functions and features.

Big Data 309

Big Data Supply Chain Documentation Project Management 309

Smart Data Collective

AUGUST 17, 2022

Then another team member may use the event-driven architectures to notify the administrator and perform various downstream actions. You would then need to set up the Apache Kafka topic, refer to this newly created connection, and use the schema detection function.

Documentation 325

Documentation Business Intelligence Business Intelligence Cloud Computing 325

Smart Data Collective

MARCH 11, 2022

Predictive analytics, which analyses historical activities to uncover trends and forecast a specific event, can also predict if a customer is ready to churn or defect. These insights can develop strategies for when the events occur again. The drop in consumer involvement or interest is crucial for approaching churn.

Customer Experience 325

Customer Experience Customer Experience Big Data Artificial Intelligence 325

Smart Data Collective

AUGUST 9, 2019

The game’s parent company, Epic Games, processes millions of events each minute, and its mountain of data grows steadily. Chris Dyl, director of platform for Epic, referred to the company’s Amazon S3 deployment as its “data lake” during his talk at AWS Summit just this month. Big Data is the Lynchpin of the Fortnite Gaming Experience.

Big Data 244

Big Data Data Architecture Data Analytics Data Analytics 244

Smart Data Collective

DECEMBER 15, 2022

It is unclear if companies are allowed to self-certify or if they can refer to third-party certifying bodies. The program is officially referred to as the Cybersecurity Labelling Scheme (CLS) for consumer smart devices. It does not throw unsecure IoT products out of the market, but it makes them less acceptable to buyers.

Cybersecurity 290

Cybersecurity Government Planning Data Security 290

Smart Data Collective

FEBRUARY 20, 2022

Furthermore, tampering with built-in controls shouldn’t be an issue because many DAM systems use the Switched Port Analyzer (SPAN) method, also known as port mirroring, to inspect traffic without reference to the kernel. On the one hand, the use of agents allows you to actively monitor and respond to events.

Monitoring 325

Monitoring E-Commerce Data Warehouse Data Security 325

Smart Data Collective

SEPTEMBER 2, 2021

They can cross-reference these own patterns with those derived from behavioral profiles on social networks or through search engines such as Google. The potential of big data in television has affected many verticals. All of them use data analytics to understand their audience better.

Big Data 332

Big Data Innovation Data Analytics Data Analytics 332

Smart Data Collective

APRIL 29, 2020

Usually the term refers to the practices, techniques and tools that allow access and delivery through different fields and data structures in an organisation. Reference data management. Profisee notices changes in data and assigns events within the systems. What is data management? Data management can be defined in many ways.

Data Management 247

Data Management Data Warehouse Master Data Management Digital Transformation 247

BizAcuity

MAY 7, 2019

For instance, if the demand is underestimated, sales can be lost due to the lack of supply of goods – which is referred to as a negative gap. Similarly, if the demand is overestimated, then the supplier is left with a surplus – also referred to as a positive gap – which then becomes a financial drain.

Supply Chain 189

Supply Chain Data Mining Predictive Analytics Planning 189

Smart Data Collective

MAY 23, 2021

You may have heard artificial intelligence being referred to as AI in countless movies and TV shows. Otherwise, this can be an expensive task, particularly in the event of human error. You may be surprised to hear about the amazing benefits that AI offers for startups , especially those in the tech sector. Artificial intelligence.

Artificial Intelligence 294

Artificial Intelligence Big Data 294

Smart Data Collective

FEBRUARY 28, 2022

However, SEO as it is commonly referred to, is one of the search engine marketing strategies that you should encourage your employees at the library to apply in their market research strategy. Create a Data-Driven Search Engine Optimization Strategy. Big data is helping improve SEO strategies. Adopt a Digital Signage Strategy.

Big Data 290

Big Data Digital Data Mining Healthcare 290

Smart Data Collective

SEPTEMBER 13, 2022

It must explicitly explain each agreed-upon performance indicator, ensuring vendor responsibility during downtime or performance dips, and clearly express compensation procedures in the event of failure to reach performance targets. Why must one use SaaS management software? 4) Exit strategy and flexibility. 5) Make a final analysis.

Cloud Computing 317

Cloud Computing Artificial Intelligence Documentation Big Data 317

Smart Data Collective

JULY 7, 2021

These could be in reference to world events or news articles, they could be a reply to a customer query, or there could be a wealth of other reasons. They also know how to leverage marketing data to get the highest ROI from your content marketing efforts. There is also a time and a place for off-the-cuff, or spontaneous posts.

Big Data 328

Big Data Data Analytics Data Analytics Planning 328

Smart Data Collective

MAY 7, 2023

Cyber risk refers to any potential threats that could compromise an organization’s digital products, from malicious actors or hackers to data breaches and phishing scams. Cyber risk refers to any potential threats that could compromise an organization’s security from malicious actors or hackers. What is cyber risk?

Digital Transformation 324

Digital Transformation Digital Cybersecurity Monitoring 324

Smart Data Collective

NOVEMBER 1, 2020

It refers to a statistical model that identifies the evolution of observable events and groups the elements. Hidden Markov Model, in particular, allows you to recognize text or symbols with a high level of accuracy. In general, HMM is one of the most elaborate ML algorithms. Source ].

Data Mining 363

Data Mining Visualization Artificial Intelligence Digital 363

Smart Data Collective

NOVEMBER 2, 2020

When one thinks of the entertainment industry, the things that come to mind first are movies, theaters, concert venues, and sporting events. Predictive behavior modeling refers to the use of data analytics to detect patterns and predict customers’ future actions. What Businesses Belong to the Entertainment Industry?

Big Data 221

Big Data Data Analytics Data Analytics Retail 221

Smart Data Collective

NOVEMBER 4, 2021

Cybersecurity refers to a company’s ability to protect its systems, network, and data from cybercrimes. While cyber resilience is a company’s ability to deliver their services, operations, and despite possible cyber events, and their capability to maintain work with the system or data being compromised.

Cybersecurity 331

Cybersecurity Cloud Computing Healthcare Vision 331

Simplilearn

JULY 5, 2022

The terms "likelihood" and "probability" refer to the likelihood of events occurring. The terms Likelihood and Probability are used interchangeably, but few people know the differences between the two. In layman's terms, the two terms are interchangeable. In terms of philosophy, the two words have the same denotative meaning.

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Smart Data Collective

MARCH 23, 2022

For instance, it is the same case with Amazon when they recommend related products, so the term “ basket” refers to what shoppers use the most when shopping. This analyzes the items that customers have bought and thus, improves the layouts for online companies. Find out what your customers like or despise about your product.

Data Mining 334

Data Mining Monitoring Big Data 334

Smart Data Collective

NOVEMBER 19, 2020

of occurrences of the same event. While you already know how to get the relative frequency, cumulative frequency is referred to the sum of relative frequency, which is indicated by a polygon line measured by the vertical axis in the chart. In the same chart, you can show both relative and cumulative frequency.

Data Visualization 312

Data Visualization Visualization Big Data Data Analytics 312

Analysts Corner

DECEMBER 26, 2022

A view from business analysis reference guides It’s not new that a good application of business analysis practices (traditional or agile) helps Product Owners improve their day-to-day work. All reference documentations for business analysis consider stakeholder management as critical tasks. Never lose sight of the bigger picture 2.

Business Analysis 189

Business Analysis Business Analysis Documentation Agile 189

Smart Data Collective

SEPTEMBER 26, 2019

Software development simply refers to a set of computer science-related activities purely dedicated to building, designing, and deploying software. Velocity refers to the real-time speed at which data is created. In the event a problem occurs, development teams are able to see the problem and handle it before it gets out of hand.

Big Data 254

Big Data Banking Cloud Computing Artificial Intelligence 254

Smart Data Collective

JULY 4, 2023

AI models can detect an increase in mentions or events within specific domains and compare them to related data points. It is also possible to generate timely reports and store them for reference. Climate change, the pandemic and a number of other factors have caused the number of disasters to increase significantly in recent years.

Artificial Intelligence 244

Artificial Intelligence Documentation Monitoring Project Management 244

The BAWorld

NOVEMBER 4, 2024

BPMN is the visual language that bridges the gap between stakeholders’ requirements and the workflow which includes actions, events, activities, artifacts, and connections between the objects. Flow Objects Gateways Decision points that can change the course of events. So, Why is it used ? The BPMN 2.0

Process Modelling 52

Process Modelling Business Process Management Visualization UML 52

Analysts Corner

SEPTEMBER 12, 2023

However, the step to review the request may prove to consist of multiple checks and elements, e.g. compare the request data with the reference database, check the legality of the request, assess the feasibility, compare it against company’s policies, etc. These are called events. Other examples of events can be time events (e.g.

Process Modelling 130

Process Modelling Documentation Visualization Business Analysis 130

Vitality Chicago

OCTOBER 30, 2021

This handy reference contains the 4 Agile Values and 12 Agile Principles from the 2001 Manifesto for Agile Software Development. We have also included a condensed view of the Scrum Framework, focusing on roles and events. This is a helpful reference to Agile and Scrum ways of working. Get Your Agile and Scrum Cheat Sheet Here

Agile 103

Agile Planning Vision Documentation 103

Smart Data Collective

DECEMBER 19, 2022

During the medical billing process, the patient file will be referred to using this information. In the event that there are any outstanding charges, the patient is billed once the claim has been processed. A medical biller verifies insurance information, including the policy number and the name of the insurance provider.

Healthcare 328

Healthcare Cloud Computing Documentation Digital 328

Analysts Corner

MARCH 7, 2023

It refers to the process of categorizing data into distinct classes or categories based on their features. Predictive modeling Classification is used in predictive modeling to predict the likelihood of an event occurring based on its features. Classification is a fundamental concept in machine learning and data science.

Logistics 130

Logistics 130