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Predictive Analytics Drives Criminal Justice Reform with Recidivism Forecasting

Smart Data Collective

We have previously talked about the role of predictive analytics in helping solve crimes. However, big data has also led to some concerns with racial profiling and other biases. Fortunately, machine learning and predictive analytics technology can also help on the other side of the equation.

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Big Data Becomes Pivotal to the Construction Industry

Smart Data Collective

That’s starting to change, though, and construction firms everywhere are embracing innovations like big data. As a post from AutoDesk points out , big data can help make construction firms more flexible, efficient and safer, driving more teams to embrace it. Big data offers the insight to do so.

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How Wix Is Using Predictive Analytics To Deliver Top-Tier Websites

Smart Data Collective

Predictive analytics is the foundation of modern marketing. Companies rely on predictive analytics to: Get a better understanding of customer behavior based on past data that has been collected. Use existing data sets to identify future trends that will influence the future of your business.

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Saint Lucia Investors Turn To Big Data For Massive ROIs

Smart Data Collective

Big data is being used by countless investors all over the world. You are going to need to understand the role that predictive analytics and other big data technology plays in investing. Global Investors Use Big Data to Invest in Saint Lucia. Investors can use big data in a variety of ways.

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How Machine Learning Enhances Momentum of Cryptocurrency Price Movements

Smart Data Collective

A number of new predictive analytics algorithms are making it easier to forecast price movements in the cryptocurrency market. Conversely, if predictive analytics models suggest that the value of a cryptocurrency price is likely to decrease, more investors are likely to sell off their cryptocurrency holdings.

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Data Outsourcing Strategies Can Skyrocket Your Website Brand

Smart Data Collective

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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IBM Emphasizes The Benefits Of Data Analytics For Renewable Energy

Smart Data Collective

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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