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Data Analytics Solves Manufacturing Marketing Agency Challenges

Smart Data Collective

Data analytics is unquestionably one of the most disruptive technologies impacting the manufacturing sector. Manufacturers are projected to spend nearly $10 billion on analytics by the end of the year. Data analytics can solve many of the biggest challenges that manufacturers face.

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The Surprising Benefits of Data Analytics for Furniture Stores

Smart Data Collective

Data analytics technology has played a huge role in the future of small businesses. One study from March 2020 showed that 67% of small businesses spend over $10,000 a year on data analytics. The furniture industry is among those relying more heavily on data analytics.

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7 Tips for Using Data Analytics to Inform Revenue Operations

Smart Data Collective

This data is also a perfect way to figure out whether a particular type of customer would respond to being upsold on any additional products or services. Eliminate Logistics Hiccups Collecting information about your organization’s current order fulfillment workflows can help you locate potential problems before they become big issues.

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12 Jobs That Are Booming in the Age of Big Data

Smart Data Collective

Big data technology is changing countless aspects of our lives. A growing number of careers are predicated on the use of data analytics, AI and similar technologies. It is important to be aware of the changes brought on by developments in big data. Data analytics is attributed to many changes in the 3-D printing space.

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7 Ways Small Businesses Use Data Analytics for Expense Tracking

Smart Data Collective

After all, without sufficient capital, one will need to leverage big data and artificial intelligence to outshine competitors. Here are seven incredible small business expense tracking tips for effective cash flow management with data analytics tools. Integrate Digital Tools. Be Smart about Debt!

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AI Helps Mitigate These 5 Major Supplier Risks

Smart Data Collective

Artificial intelligence is driving a lot of changes in modern business. Many suppliers are finding ways to use AI and data analytics more effectively. Here are some of the risks that organizations face in dealing with suppliers, and what they can do to mitigate those risks with artificial intelligence.

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Predictive Analytics: 4 Primary Aspects of Predictive Analytics

Smart Data Collective

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.