Smart Data Collective

NOVEMBER 22, 2021

Data analytics technology has touched on virtually every element of our lives. More companies are using big data to address some of their biggest concerns. Data analytics technology is helping more companies get the financing that they need for a variety of purposes. Securing financing is a huge example.

Finance 250

Finance Data Analytics Data Analytics Big Data 250

Smart Data Collective

SEPTEMBER 19, 2022

How Big Data Helps Fintech Companies And Startups To Better Serve And Protect Their Customers. Fintech analytics helps businesses in the financial and banking industry offer satisfactory services by: Enhancing View Of Customer Profiling. Big Data provides data that fintech companies can leverage to build customer profiles.

Customer Experience 323

Customer Experience Customer Experience Big Data Banking 323

Smart Data Collective

SEPTEMBER 25, 2023

Companies need to appreciate the reality that they can drain their bank accounts on data analytics and data mining tools if they don’t budget properly. We mentioned that data analytics offers a number of benefits with financial planning. How to Optimize IT Budgeting?

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Big Data Banking Data Mining Data Analytics 260

Smart Data Collective

AUGUST 7, 2022

billion on financial analytics technology this year. Most of the discussions about the role of data analytics in finance have centered around traditional financial businesses, such as insurance, mutual funds, money management and other financial institutions. Global companies are projected to spend nearly $5.9

Data Analytics 257

Data Analytics Data Analytics Banking Government 257

Smart Data Collective

MARCH 30, 2022

They can use data on online user engagement to optimize their business models. They are able to utilize Hadoop-based data mining tools to improve their market research capabilities and develop better products. Companies that use big data analytics can increase their profitability by 8% on average.

E-Commerce 286

E-Commerce Banking Big Data Finance 286

Smart Data Collective

JULY 4, 2021

Machine learning (ML) is a form of AI that is becoming more widely used in the market because of the rising number of AI vendors in the banking industry. The banking and financial industries are no different. . Researching, collecting data, and processing everything they find can be labor-intensive. Why Machine Learning?

E-Commerce 357

E-Commerce Artificial Intelligence Cybersecurity Banking 357

Smart Data Collective

FEBRUARY 12, 2021

It is true that data analytics is key to helping reach your personal financial goals. However, you are going to need to actually get the data first. You won’t be able to use sophisticated machine learning tools to track the trajectory of your finances without having the data on hand first.

Planning 224

Planning Banking Big Data Finance 224

Smart Data Collective

OCTOBER 16, 2023

Big data can be utilized to discover potential security concerns and analyze trends. For example, predictive analytics detect unlawful trading and fraudulent transactions in the banking industry. Understanding the ”normal” tendencies allows banks to identify unusual behavior quickly.

Big Data 253

Big Data Banking Artificial Intelligence Cybersecurity 253

The BAWorld

APRIL 18, 2024

About Us Techcanvass is an IIBA Endorsed Education Provider offering IT certifications training in Business Analysis, Data Analytics, and domain specializations like BFSI. We also offer specialized certifications in Agile Analysis, Business Data Analytics, Tableau, and Power BI for BAs and PMs.

Banking 52

Banking Data Analytics Data Analytics Business Analysis 52

Smart Data Collective

NOVEMBER 12, 2021

There are a number of data-driven trends shaping the future of small business financial management. Many institutions that lend capital to small businesses are relying more heavily on data analytics, AI and other data-driven technology than ever before. Big Data is the Future of Small Business Lending.

Big Data 232

Big Data Banking Artificial Intelligence Data Analytics 232

Smart Data Collective

JUNE 11, 2021

Because of this spike in demand for digital money transfer services, Western Union is on pace to exceed $1 billion in digital revenue for the 2021 fiscal year by using sophisticated AI and data analytics tools. They used data analytics tools to facilitate these transactions.

Big Data 233

Big Data Retail Banking Digital 233

Smart Data Collective

JUNE 23, 2022

Data analytics technology has become a pillar in modern business. A growing number of companies are utilizing data analytics to improve their operating strategies. One of the most important functions that data analytics is helping with is finance. The right data analytics tools can be very valuable.

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Data Mining Finance Government Data Analytics 261

Smart Data Collective

NOVEMBER 20, 2022

Examining this crucial data makes it easier to develop personalized techniques to improve your marketing effort. Also, if you’re dealing with other businesses, you can employ big data analytics tools to examine b2b data and find out information such as hidden patterns, market trends, and more.

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Big Data Banking Business Intelligence Business Intelligence 336

Analysts Corner

DECEMBER 21, 2022

The global data as a service (DaaS) market is expected to grow and reach a revenue of US $ 10.7 By 2023 , the big data analytics market is anticipated to reach $103 billion. According to Statistica , by 2025 , the global big data analytics market’s annual revenue is likely to grow to $68.09 billion in 2023.

Big Data 246

Big Data Healthcare Data Quality Data Analytics 246

Smart Data Collective

DECEMBER 19, 2021

Built-in Data Analytics Tools: Python has some built-in data analysis tools that make the job easier for you. For example, the Impute library package handles the imputation of missing values, MinMaxScaler scales datasets, or uses Autumunge to prepare table data for machine learning algorithms.

Data Mining 337

Data Mining Banking Artificial Intelligence Data Modelling 337

Smart Data Collective

JUNE 30, 2022

You would also discover the big data is at the heart and soul of modern organizational practices. More companies are using data analytics to optimize their business models in creative ways. The IoT has helped improve logistics , but big data has been even more impactful. Analytics Helps Companies Improve their Logistics.

Logistics 275

Logistics Supply Chain E-Commerce Data Analytics 275

Smart Data Collective

SEPTEMBER 30, 2022

Given the growing importance of big data and the rising reliance of businesses on big data analytics to carry out their day-to-day operations, it is safe to say that big data has irrevocably altered the online world for anyone running a digital enterprise or an e-business.

Big Data 339

Big Data Cybersecurity Data Analytics Data Analytics 339

Smart Data Collective

MAY 11, 2023

The recent slew of bank failures have created a lot of concerns about the state of the global economy. The good news is that big data technology is helping banks meet their bottom line. Big data can help companies in the financial sector in many ways. This includes using big data to help customer relationship management.

Banking 245

Banking Data Mining Big Data Customer Experience 245

ElegantJ BI

MARCH 31, 2022

‘A rich array of built-in, web-based reporting access and, for every accounting and these reports can be used as a foundation for the new analytical environment and to encourage the use of that analysis to make decisions and recommendations.’ BANK & CASH Reveal trends and patterns in banking and cash results over a period of time.

Banking 130

Banking Finance Data Analytics Data Analytics 130

ElegantJ BI

MARCH 31, 2022

‘A rich array of built-in, web-based reporting access and, for every accounting and these reports can be used as a foundation for the new analytical environment and to encourage the use of that analysis to make decisions and recommendations.’ BANK & CASH Reveal trends and patterns in banking and cash results over a period of time.

Banking 130

Banking Finance Data Analytics Data Analytics 130

ElegantJ BI

MARCH 31, 2022

‘A rich array of built-in, web-based reporting access and, for every accounting and these reports can be used as a foundation for the new analytical environment and to encourage the use of that analysis to make decisions and recommendations.’. BANK & CASH. SALES & PURCHASE. Users can compare results from previous time periods.

Banking 130

Banking Finance Data Analytics Data Analytics 130

Smart Data Collective

FEBRUARY 2, 2021

However, some industries have more to benefit from Big Data than others and have reached impressive milestones because data science and data analytics have helped them streamline their operations. The implementation of Big Data has huge potential in the healthcare industry , and the past few years are only the beginning.

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Big Data IBM cost Talent Acquisition IBM Support 211

Smart Data Collective

JANUARY 27, 2022

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.

Big Data 318

Big Data Logistics Artificial Intelligence Data Analytics 318

Smart Data Collective

JUNE 3, 2021

The market for data analytics in the insurance sector is projected to be worth nearly $22.5 Many of the applications of big data for insurance companies will be realized with machine learning technology. Claims management : Data analytics and machine learning are particularly helpful with insurance claims management.

Data Analytics 245

Data Analytics Data Analytics Big Data Banking 245

Smart Data Collective

SEPTEMBER 20, 2021

Big data has become an essential asset in the fight against cybercrime. This has caused the demand for cybersecurity professionals with a background in big data to grow. It is important to use the latest data analytics and AI technology to counter these threats if at all possible.

Cybersecurity 307

Cybersecurity Big Data Banking Government 307

The BAWorld

DECEMBER 23, 2023

Business Data Analyst Another distinct type is the Business Data Analyst, often seen working on data analytics projects. This role requires skills in data analytics, including knowledge of machine learning basics, artificial intelligence, and programming languages like Python.

Banking 52

Banking UML Business Analysis Business Analysis 52

Smart Data Collective

MAY 13, 2022

There are many reasons big data has become a double-edged sword for businesses. Many companies are using data analytics to monitor their employee productivity and other behavior. It can be even more beneficial than using big data for recruiting. This is an area where big data can help immensely.

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Monitoring Big Data Data Analytics Data Analytics 271

Smart Data Collective

APRIL 8, 2020

One of the most prominent is Teradata , which is a leading data warehouse company, with over 30 years of experience in the domain. The Teradata software is used extensively for various data warehousing activities across many industries, most notably in banking. Big data and data warehousing.

Data Warehouse 335

Data Warehouse Big Data Business Intelligence Business Intelligence 335

Smart Data Collective

SEPTEMBER 22, 2021

We have talked in the past about using data analytics to choose the best cryptocurrencies to invest in. Most will use a bank transfer or eWallet transfer as their payment method. As a digital currency, it’s something that operates 24/7, unlike the banks that have limited trading hours.

Banking 287

Banking Digital Data Analytics Data Analytics 287

Smart Data Collective

SEPTEMBER 1, 2021

However, it is becoming abundantly clear that big data technology is also rapidly transforming many traditional marketing practices as well. There are a lot of companies that are looking for ways to use data analytics to improve their performance with everything from event marketing to direct mail outreach.

Digital 275

Digital Big Data Data Analytics Data Analytics 275

Smart Data Collective

DECEMBER 21, 2020

We previously talked about the benefits of data analytics in the insurance industry. One report found that big data vendors will generate over $2.4 That is more than retailers and the banking industry. The insurance industry is especially suited to AI because it deals with enormous amounts of big data.

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Documentation Big Data Cloud Computing Retail 335

Smart Data Collective

OCTOBER 13, 2020

Data analytics has been the basis for the cryptocurrency market for years. In 2018, a study from the University of Bremen in Germany discussed some of the implications of big data for the altcoin industry. They found that predictive analytics algorithms were using social media data to forecast asset prices.

Predictive Analytics 251

Predictive Analytics Big Data Banking Real-time Data 251

The BAWorld

SEPTEMBER 24, 2020

The Trade Finance providers are Finance houses, Banks, Suppliers, Buyers, Syndicates, Non-Banking Finance Co-operation {NBFC}, etc. Amongst all these, the Banks play a pivotal role by providing finance to buyers and sellers. As stated above, The Banks offers numerous financing facilities to Importer and Exporters.

Finance 80

Finance Supply Chain Banking Procurement 80

ElegantJ BI

NOVEMBER 23, 2021

Business users can leverage the Tally ERP solution AND produce out-of-the-box reports that will provide insight into trends and patterns, and analytical views that allow you, as a business professional, to intelligently assess what is happening without having to guess at what WILL happen. Why is data analytics important?

Finance 130

Finance Banking Monitoring Data Analytics 130

ElegantJ BI

NOVEMBER 23, 2021

Business users can leverage the Tally ERP solution AND produce out-of-the-box reports that will provide insight into trends and patterns, and analytical views that allow you, as a business professional, to intelligently assess what is happening without having to guess at what WILL happen. Why is data analytics important?

Finance 130

Finance Banking Monitoring Data Analytics 130

ElegantJ BI

NOVEMBER 23, 2021

Business users can leverage the Tally ERP solution AND produce out-of-the-box reports that will provide insight into trends and patterns, and analytical views that allow you, as a business professional, to intelligently assess what is happening without having to guess at what WILL happen. Why is data analytics important?

Finance 130

Finance Banking Monitoring Data Analytics 130

Smart Data Collective

APRIL 20, 2022

Telemarketing is one of the areas where analytics can be very useful. A team of researchers from Jordan conducted a study on the use of analytics in telemarketing. They discovered that analytics helped banks improve their ability to successfully convert customers looking for loans and get the best services.

Banking 253

Banking Data Analytics Data Analytics Monitoring 253