Smart Data Collective

JANUARY 17, 2020

Big Data has a lot of great uses in the work of consumer marketing. In fact, Big Data has many uses in helping patient lives in the world of healthcare. The market for big data in healthcare is growing 22% a year. From predicting risk factors to helping cure disease, Big Data in healthcare is multi-faceted.

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Smart Data Collective

AUGUST 31, 2020

A prime example is the growing use of big data for stock future trading. Predictive analytics models have proven to be remarkably effective with the stock futures market. One company that uses big data to forecast stock prices has found that its algorithms outperform similar forecasts by 26%.

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Smart Data Collective

APRIL 22, 2020

Big data can be a tool, a weapon or a currency. Now, amid the COVID-19 pandemic, big data has become a life-saving ally for the health care community. This moment in history is unlike any other — and the value of data in ending it resembles nothing we’ve yet seen. Predicting Patient Treatment Outcomes.

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Smart Data Collective

JULY 24, 2019

Big data is often used to make the world safer. We can use big data to develop better predictive analytics tools to identify risks and take the right precautions. One of the best examples is with using big data to protect driver safety. The Role of Big Data in Highway Safety.

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Smart Data Collective

MAY 20, 2019

We’re well past the point of realization that big data and advanced analytics solutions are valuable — just about everyone knows this by now. Big data alone has become a modern staple of nearly every industry from retail to manufacturing, and for good reason. Machine Learning Experience is a Must.

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Smart Data Collective

MARCH 10, 2022

Data analytics is giving us more insights into many of the most pressing challenges that we have faced as a society. More policymakers are using data to make more informed decisions. Analytics Insight shared a list of 10 major ways that big data is changing politics.

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Smart Data Collective

OCTOBER 19, 2021

Data analytics has become a major gamechanger for the cryptocurrency industry. Traders and miners have discovered a number of advantages of using big data and AI tools to improve their profitability. One of the newest applications of data analytics in cryptocurrency mining is with yield farming.

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BizAcuity

APRIL 1, 2023

1] With the rise of Big Data in today’s world, Machine Learning (ML) is popularly used to identify, assess, and monitor financial risks as well as detect various suspicious activities and transactions. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise.

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BizAcuity

JANUARY 18, 2023

With the rise of Big Data in today’s world, Machine Learning (ML) is popularly used to identify, assess, and monitor financial risks as well as detect various suspicious activities and transactions. Exploratory Data Analysis (EDA). Predictive Analytics. Predictive modeling for flagging suspicious activity.

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Smart Data Collective

FEBRUARY 18, 2020

Big data is invaluable for leveraging your brand assets. In 2020, the benefits of big data are more accessible than ever. With a few technical skills and a detailed understanding of big data, it is very easy to start your own business from home with the help of data platforms like KissMetrics or even SAS.

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Smart Data Collective

AUGUST 15, 2019

Workforce analytics can help you reduce employee turnover—which is likely a bigger issue than you might think. According to data published by the Work Institute , employers will pay an estimated $680 billion in turnover costs by 2020. However, 77% of those turnovers could be prevented using big data.

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Smart Data Collective

JULY 2, 2019

Big data is playing a surprisingly important role in the evolution of renewable energy. IBM recently published a fascinating paper on the applications of big data for solar and other green energy sources. Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field.

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Smart Data Collective

JANUARY 14, 2021

It is no secret that email technology has then significantly shaped by new developments with big data. We have talked extensively about the benefits of using big data in the field of email marketing. However, there are plenty of other novel data technology applications that email providers are rolling out.

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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.

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Smart Data Collective

MAY 11, 2023

The good news is that big data technology is helping banks meet their bottom line. Therefore, it should be no surprise that the market for data analytics is growing at a rate of nearly 23% a year after being worth $744 billion in 2020. Big data can help companies in the financial sector in many ways.

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Data Pine

NOVEMBER 19, 2019

In this post, we’re going to give you the 10 IT & technology buzzwords you won’t be able to avoid in 2020 so that you can stay poised to take advantage of market opportunities and new conversations alike. Get the inside scoop and learn all the new buzzwords in tech for 2020! Computer Vision. Artificial Intelligence (AI).

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Data Pine

JUNE 5, 2019

“It is a capital mistake to theorize before one has data.”– Data is all around us. According to the EMC Digital Universe study, by 2020, around 40 trillion megabytes – or 40 zettabytes – will exist in our digital landscape. A data dashboard assists in 3 key business elements: strategy, planning, and analytics.

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Sisense

JUNE 9, 2021

This is infused analytics at work: Wearable devices deliver data and insights directly to the coaches, enabling them to make decisions and transform teams’ performance without technical data expertise. These developments have added a whole new dimension to data analysis.

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Data Pine

NOVEMBER 27, 2019

Suddenly advanced analytics wasn’t just for the analysts. The trends we presented last year will continue to play out through 2020. In 2020, BI tools and strategies will become increasingly customized. Companies are no longer wondering if data visualizations improve analyses but what is the best way to tell each data-story.

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Data Pine

DECEMBER 4, 2019

That’s why we have prepared a list of the most prominent business intelligence buzzwords that will dominate in 2020. Exclusive Bonus Content: Get Our 2020 BI Buzzwords Handbook! Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? Without further ado, let’s get started.

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Insight Software

MAY 1, 2023

The program offers valuable data analysis-based services such as benchmarking and personalized fitness plans. Ideally, your primary data source should belong in this group. Modern Data Sources Painlessly connect with modern data such as streaming, search, big data, NoSQL, cloud, document-based sources.

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Smart Data Collective

MAY 19, 2021

Big data technology has become a major disrupting factor in the energy industry. Many energy conglomerates have started embracing data analytics to expand their markets, respond to new trends, streamline operations and bolster efficiency. The clean energy sector has not been untouched by the big data revolution.

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