article thumbnail

How Machine Learning And Contract Management Go Together

Smart Data Collective

You can use big data to keep track of your company’s ability to meet certain benchmarks and create a machine learning algorithm that can automate essential processes. An internal audit of your company’s processes for dealing with contracts will help identify points of vulnerability. a more streamlined processes. less spent time.

article thumbnail

Introduction To The Basic Business Intelligence Concepts

Data Pine

“Without big data, you are blind and deaf and in the middle of a freeway.” – Geoffrey Moore, management consultant, and author. In a world dominated by data, it’s more important than ever for businesses to understand how to extract every drop of value from the raft of digital insights available at their fingertips.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Need for Data Modernization in Healthcare

GAVS Technology

It would also be important to invest in the right resources to keep these systems and infrastructure working at optimal levels, and to be able to cull out information from this raw data using big data analytics. So, what’s exactly behind the data overflow that we are seeing in the healthcare industry today?

article thumbnail

The Advent And Scope Of AI Marketing In 2020 And Beyond

Smart Data Collective

When it comes to bridging the existing gap between data science and its usage , targeting better marketing results, nothing beats the utilitarian nature of AI. Artificial Intelligence has been in limelight for long and 2020 will see a more holistic adoption of the same, even in regard to marketing ventures. Machine Learning.

article thumbnail

16 Best Business Intelligence Books To Get You Off the Ground With BI

Data Pine

With ‘big data’ transcending one of the biggest business intelligence buzzwords of recent years to a living, breathing driver of sustainable success in a competitive digital age, it might be time to jump on the statistical bandwagon, so to speak. of all data is currently analyzed and used. click for book source**.

article thumbnail

Get The Most Out Of Smart Business Intelligence Reporting

Data Pine

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. Companies must adjust to the ambiguity of data, and act accordingly. Another crucial factor to consider is the possibility to utilize real-time data. Streamlined procurement processes.

article thumbnail

Supply chain management guide: what it is, why it matters, and how to modernize it

Monday

Big data, IoT, and AI on the horizon. The same report also showed that most supply chain professionals believe in a data-heavy feature. With IoT (the internet of things), big data, and AI on the way, supply chain professionals are turning to technology. Image Source ). Image Source ).