Analysts Corner

JUNE 21, 2023

Have you ever imagined what the future holds for practitioners of business analysis with artificial intelligence? Well, let’s embark on a futuristic adventure and find out how the collaboration between business analysis (BA) and artificial intelligence (AI) can revolutionize the ways we perceive and respond to business changes.

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Smart Data Collective

JUNE 16, 2022

The current world is undergoing a rapid transformation as a direct result of the many scientific breakthroughs and technological advancements enabling the production of an abundance of intelligent gadgets, appliances, and systems. Examples are robotics, smart cars, intelligent transport systems, and home robotization. Learn more here.

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Innovation 326

Smart Data Collective

MAY 17, 2023

AI technology has become crucial for modern businesses trying to maintain a competitive edge in the 21st Century. Around 35% of businesses are already using AI and another 42% plan to use it in the future. Businesses are also using AI-driven ERP software. Reports will no longer need to be manually analyzed for business insights.

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Smart Data Collective

SEPTEMBER 27, 2023

This guide paints a comprehensive picture of the imminent collision course between these innovative technologies and existing IP laws and can help you gain illuminating insights into how they interact, potential conflicts, and the implications for your business. As technology advances, so must our understanding of related laws.

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Smart Data Collective

SEPTEMBER 16, 2022

Last year there was a shift that set the course for solving problems in fintech that need to be solved in the foreseeable future. Business automation and artificial intelligence. The use of artificial intelligence technologies allows for improving the quality of service and minimizing costs. Decentralized finance.

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Smart Data Collective

APRIL 25, 2022

A lot of factors go into building a business, but online reputation is a huge part of it. A lot of organizations don’t recognize the role that AI technology can play when it comes to business management, improving customer relationships and managing your business’s online profile.

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Smart Data Collective

NOVEMBER 21, 2021

If you have not lived under a rock for several years, you have undoubtedly heard about artificial intelligence (AI). However, how might artificial intelligence be used in e-commerce operations? Artificial intelligence (AI) is starting to fill every facet of our daily lives. Improved Search Results. Targeting Specific Customers.

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Smart Data Collective

SEPTEMBER 8, 2021

More and more businesses and organizations treat data as an essential asset. The process of interpreting and analyzing data and putting it into context helps businesses and organizations make informed decisions, predict trends, anticipate expectations, improve security, optimize internal operations, and stay ahead of competitors.

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Smart Data Collective

MARCH 25, 2021

Business reporting has been around for a long time but the tools and techniques of business intelligence have refined over time and now with the recent popularity of data driven business approach, data has been identified as the most valuable asset of a business and data analytics and reporting has finally found a key place in the business world.

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Business Intelligence Business Intelligence Data Analytics Data Analytics 315

Smart Data Collective

JANUARY 6, 2022

It is no secret that businesses that are looking to maximize profit in the near future are looking at the role AI can play to unlock potential profits. How then is AI being used in CAD, is likely the next logical question needing to be answered? Introduction. AI, CAD, and other Acronyms. AI Trends Shaping Modern CAD.

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Smart Data Collective

DECEMBER 1, 2022

As we look ahead to 2022, there are four key trends that organizations should be aware of when it comes to big data: cloud computing, artificial intelligence, automated streaming analytics, and edge computing. We should expect to analyze big data in the future as businesses are looking more closely to use it to remain competitive.

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Smart Data Collective

DECEMBER 17, 2021

Introduction: What is Business Intelligence? Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. ” Many companies realize the power of BI to improve their business results. It can refer to predictive analytics or even “big data.”

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Smart Data Collective

APRIL 14, 2021

While different companies, regardless of their size, have different operational processes, they share a common need for actionable insight to drive success in their business. Advancement in big data technology has made the world of business even more competitive. This eliminates guesswork when coming up with business strategies.

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Smart Data Collective

SEPTEMBER 29, 2022

Big data is changing the state of modern business. Every company deals with a certain number of documents on a daily basis: invoices, receipts, logistics, or HR documents… You have to keep these documents, extract the useful information for your business, and then integrate them manually into your database.

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Smart Data Collective

NOVEMBER 24, 2020

As the use of intelligence technologies is staggering, knowing the latest trends in business intelligence is a must. The market for business intelligence services is expected to reach $33.5 top 5 key platforms that control the future of business intelligence impacts BI may have on your business in the future.

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Smart Data Collective

SEPTEMBER 13, 2022

The software industry is quite diverse, with solutions that may fulfill practically any potential business requirement, whether it be increased cloud computing capabilities, artificial intelligence-based automation tools, or merchant processing choices. The SaaS business model is gaining acceptance throughout the world.

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Smart Data Collective

SEPTEMBER 27, 2020

One of the most disruptive and beneficial applications of machine learning is with conversational intelligence. As a business owner, you probably spend a considerable amount of time interacting with your customer getting to know their pain points and prescribing solutions. What exactly is Conversation Intelligence?

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Smart Data Collective

AUGUST 15, 2022

Businesses are evolving and searching for newer ways to accomplish their goals, hence the need for artificial intelligence (AI). AI involves building smart machines to carry out tasks that typically need human intelligence, and AI simulates human intelligence using computer systems.

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Smart Data Collective

MAY 23, 2021

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. For saving time and resources in Fintech Business on the need to involve Automation in it.

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Smart Data Collective

OCTOBER 13, 2021

Solutions mentioned below will boost your product in real-time. Think of them as a multiple-step guide to designing your app with specific features and customer-centric solutions in mind. This is how you can improve a pricing model: Use machine learning to process data and discover services that need a boost. How exactly?

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Smart Data Collective

JANUARY 14, 2022

A double-edged sword, artificial intelligence can be employed both as a security solution and a weapon by hackers. Machine learning needs massive amounts of data. While deployment is streamlined for businesses, providing AI with access to data and granting it any amount of autonomy raises significant concerns.

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Smart Data Collective

APRIL 8, 2020

Demands from business decision makers for real-time data access is also seeing an unprecedented rise at present, in order to facilitate well-informed, educated business decisions. The company works consistently to enhance its business intelligence solutions through innovative new technologies including Hadoop-based services.

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Smart Data Collective

JULY 4, 2021

Wealth and asset management has come a long way, evolving through the use of artificial intelligence, or AI solutions. It is not meant to replace people and threaten their livelihood, but to strengthen the connection between businesses and their customers. How much potential does it really have? Why Machine Learning?

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Smart Data Collective

JANUARY 14, 2022

Rapid, wide-scale digitization has taken over many important areas of modern life, as evidenced by the rise and continual flourishing of the internet, artificial intelligence, and mobile devices. The question is how well banking executives will be able to utilize big data technology in their new business models. billion by 2026.

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Smart Data Collective

NOVEMBER 20, 2022

Proper marketing and sales prospects play a huge role in improving the success rate of your business. However, digital marketing has become the major focus of marketers across all industries, mainly due to how customers interact and engage with modern businesses. The following blog discusses what you need to know about big data.

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Smart Data Collective

OCTOBER 13, 2021

Businesses around the world spent over $60 billion on artificial intelligence last year alone and the demand is expected to continue to rise. Businesses spend a lot of time and resources on marketing to stand out from their competition. AI technology helps businesses respond to change and new business opportunities effectively.

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Smart Data Collective

JANUARY 13, 2022

The marketing profession has been fundamentally changed due to advances in artificial intelligence and big data. When customers have a bad customer service encounter : 91% of customers leave without a warning 47% of customers switch brands 40% of customers recommend against the business. Customer Service in a Services Business.

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Smart Data Collective

AUGUST 31, 2023

Artificial intelligence technology is radically changing the future of cybersecurity. Cybersecurity professionals need to use the same technology to turn the tables on them. Cybersecurity professionals need to embrace a number of new measures as cybercriminals use AI to commit more horrific offenses.

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Analysts Corner

APRIL 19, 2024

Understanding Generative AI Generative AI refers to artificial intelligence systems that can generate content, from text to simulations, by learning from vast amounts of data. Unlike traditional AI, which responds based on predetermined pathways, GenAI produces new content, providing solutions or responses that were not explicitly programmed.

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Smart Data Collective

MAY 11, 2023

This allows for the creation of AI-powered mobile apps that improve human needs. With customers increasingly relying on their smartphones to browse, shop, and make purchases, it’s more important than ever for businesses to adapt and stay ahead of the curve. AI apps can gather data by analyzing user behavior and interaction.

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E-Commerce User Experience Customer Experience Customer Experience 248

Smart Data Collective

SEPTEMBER 25, 2023

However, there are other important things that you need to know if you want to maintain a good career in data science. The Importance of Upskilling in a Changing Job Market as a Data Scientist You need to understand the importance of upskilling in a changing job market. Are you ready to future-proof your data science career?

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Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade.

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Timo Elliott

FEBRUARY 8, 2023

New cloud platform technologies have unleashed new opportunities for business model innovation. Midsize companies, in particular, can leverage their deep understand of their customer needs to go beyond providing products or simple transactional services, and instead introduce more value-added solutions on a subscription basis.

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Smart Data Collective

NOVEMBER 24, 2021

Moreover, we can see that only those teams who decided to transform their data analytics models were able to make rapid and intelligent business decisions and, consequently, successfully adapt to this new business reality. To start with, a team needs to formulate hypotheses based on the goals and business requirements.

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Smart Data Collective

AUGUST 22, 2021

The benefit of cloud computing is its lower cost per GB compared with traditional data backup solutions, as well as its ability to quickly run backups across geographies and cloud infrastructure. With cloud computing, your business is at the forefront of IT services by providing access to a powerful central data store from any location.

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Smart Data Collective

MAY 28, 2021

Every organization needs to invest in the right big data tools to make sure that they collect the right data and protect it from cybercriminals. Here, Hanna Schnaider explains some basic reasons you should leverage this cloud-enabled enterprise application to facilitate your data collection and data security needs. Let’s begin….

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Smart Data Collective

DECEMBER 21, 2021

Artificial intelligence holds the key to pulling insights from these enormous volumes of data. Integrating AI into databases is the future for making big data useful to businesses. Businesses have discovered tons of applications for AI and big data, including improving geolocation technology. The Role of AI in Big Data.

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