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The Role of Business Intelligence in The Modern Commercial Organization

Smart Data Collective

They need to ask important questions such as what is the turnover, how much was the profit and what are the cost dynamics. To look at reports and give the command to optimize everything and cut costs to increase profits? With the help of BI, the sales department has a tool for planning and evaluating the execution of plans.

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Big Data is Changing the Student Financial Aid Process

Smart Data Collective

Although the cost of paying back these loans has risen, the amount of jobs available in the economy for recent college graduates have not followed suit, leaving many unemployed. They said that big data has made it much easier for people to project students’ likelihood of success.

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7 Ways To Prevent Data Breaches With Technology And Training

Smart Data Collective

According to IBM’s cost of data breach report 2020, the average cost of data breach in the United States alone is $8 million. As a result, most employees can easily get away even after committing security blunders that can cost your business millions of dollars. Have an Incident Response Plan Ready.

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Essential Cybersecurity Practices for Business Analysts

Adaptive US

Due to their deep involvement in data analysis, project planning, and cross-functional communication, business analysts are now on the frontline of digital security. With the average cost of a data breach reaching $4.45 million in 2023 (according to IBM), even a single oversight can have costly consequences.

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Investing in Big Data and AI for Post-COVID-19 Success

Smart Data Collective

With life slowly returning to some kind of normality and all restrictions (hopefully) set to lift on June 21st, business owners are beginning to plan for their post-pandemic recovery and will be eager to kick on after what has been such a challenging period and, in more ways, than one. At the moment, large scale companies like IBM and C3.ai

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Big Data Is Already A Thing Of The Past: Welcome To Big Data AI

Smart Data Collective

Cytora is a company that operates in the European and Australian markets for now but plans to expand. Then, it intelligently assigns a risk grade from A to F, with an F-graded business most likely to have the highest claims costs. IBM is the official technology partner of Wimbledon, and it has collected 62.8

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5 Industries That Are Being Revolutionized By Big Data

Smart Data Collective

IBM wrote an excellent report about the use of big data in the retail sector. Wearable technology is also providing health professionals with vital information about their patients such as whether they are taking medication or not and following disease management plans.

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