Smart Data Collective
JULY 2, 2019
Big data is playing a surprisingly important role in the evolution of renewable energy. IBM recently published a fascinating paper on the applications of big data for solar and other green energy sources. Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field.
Smart Data Collective
JANUARY 21, 2021
Many people don’t realize the countless benefits that big data has provided for the solar energy sector. A growing number of solar energy companies are using new advances in data analytics and machine learning to increase the value of their products. “This is where big data comes in.
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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.
Analysts Corner
FEBRUARY 5, 2023
Data Analysis (Image created using photo and elements in Canva) Evolution of data and big data Until the advent of computers, limited facts were collected and documented, given the cost and scarcity of resources and effort to capture, store, and maintain them. Food for thought and the way ahead! What do you think?
Smart Data Collective
MARCH 19, 2023
Many different industries are growing due to the proliferation of big data. Paul Glen of IBM’s Business Analytics wrote an article titled “ The Role of Predictive Analytics in the Dropshipping Industry.” You can use data analytics to improve the success of your store down the road.
Smart Data Collective
AUGUST 7, 2019
The big data approach has many benefits, such as allowing officials to better analyze the pharmacy or doctor the applicant is using. Big data will be able to determine which doctors prescribe high opioid dosages or which have an unreasonably high amount of the same claims. This data is now being incorporated into big data solutions.
Business Analyst Learnings
JANUARY 2, 2023
Set Goals With Your Data Before you use data to make decisions, it's essential to clearly define what you're trying to achieve from an analytical standpoint. For example, if your goal is to reduce costs by 10%, you'll need to focus on finding areas where cost savings can be made.
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