article thumbnail

5 Ways B2B Companies Can Use Analytics for Pricing

Smart Data Collective

Analytics technology is very important for modern business. Companies spent over $240 billion on big data analytics last year. There are many important applications of data analytics technology. Analytics Can Be Essential for Helping Companies with their Pricing Strategies. Dynamic Pricing.

article thumbnail

7 Enterprise Applications for Companies Using Cloud Technology

Smart Data Collective

Companies must take advantage of the information about their customers to stay updated and respond in real-time for quick decision-making. Cloud computing ( [link] ) can be used to support real-time data streams for better business decision-making. Big data analytics.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Breaking down Business Intelligence

BizAcuity

Cutting down latency or delay is now one of the most crucial elements of business intelligence strategy in present times. As a data analytics company, we have been observing a trend among certain large enterprises who are looking for real-time data streaming for analytics. Data mining.

article thumbnail

How Will The Cloud Impact Data Warehousing Technologies?

Smart Data Collective

In fact, studies by the Gigabit Magazine depict that the amount of data generated in 2020 will be over 25 times greater than it was 10 years ago. Furthermore, it has been estimated that by 2025, the cumulative data generated will triple to reach nearly 175 zettabytes.

article thumbnail

ERP Integration Benefits Data-Savvy eCommerce for Distribution Industry

Smart Data Collective

Companies in the distribution industry are particularly dependent on data, due to the complicated logistics issues they encounter. There are many reasons that data analytics and data mining are vital aspects of modern e-commerce strategies. Integrated ERP makes eCommerce easier to manage for a business’s staff.

article thumbnail

Responsible Gaming in the Age of Machine Learning

BizAcuity

Adaptive machine and business analytics, applying cutting-edge machine learning and other technologies are proving helpful in spotting anomalies among users in real-time and fighting this issue.

article thumbnail

Data Extraction Tools: Bridging the Gap Between Unstructured and Structured Data

Astera

In simple terms, data extraction is the process of extracting and gathering data from semi-structured and unstructured sources, such as emails, PDF documents, PDF forms, text files, social media, barcodes, and images. How is unstructured data extraction done? Data Extraction vs. Data Mining.