Smart Data Collective

NOVEMBER 12, 2022

Data has unquestionably had a huge impact on our lives. quintillion bytes of data are generated every day. Data is everything in today’s tech-driven world. Here comes the role of the data analyst. Here comes the role of the data analyst. It is becoming more prolific as well, as 2.5 Advance as a Leader.

Healthcare 281

Healthcare Retail Data Analytics Data Analytics 281

Smart Data Collective

APRIL 7, 2022

There are many reasons that data analytics and data mining are vital aspects of modern e-commerce strategies. These benefits include the following: You can use data analytics to better understand the preferences of your users and provide personalized product recommendations.

E-Commerce 256

E-Commerce Supply Chain Retail Logistics 256

The BAWorld

NOVEMBER 24, 2023

Data Analytics (DA) has evolved as a vital force in shaping the modern world, translating raw data into actionable insights that drive advancement in a wide range of sectors and industries. This indicates that descriptive analytics is focused with comprehending what has previously occurred.

Data Analytics 52

Data Analytics Data Analytics E-Commerce Healthcare 52

Smart Data Collective

MARCH 23, 2023

Artificial intelligence is the latest trend shaping the omnichannel experience for customers in many retail outlets. Retail and other industries are using omnichannel and AI technology to improve their services. One of the biggest trends pertains to personalization. The order is then sent to a nearby store to avoid long lines.

E-Commerce 291

E-Commerce Retail Supply Chain Artificial Intelligence 291

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. This means you need to work out an IT budget with your financial plans.

Big Data 251

Big Data Banking Data Mining Data Analytics 251

Smart Data Collective

JULY 28, 2021

This is largely due to the benefits of using data analytics to improve automation in merchandise distribution. As a retailer or manufacturer selling via e-commerce platforms, you already know the importance of using big data to improve automation. What Is Automated Shipping and How Does Big Data Come into Play?

Supply Chain 332

Supply Chain E-Commerce Big Data Retail 332

Analysts Corner

OCTOBER 17, 2023

Unleashing the Power of Data Mining: An In-Depth Guide to Techniques, Applications, Tools, and Benefits Introduction to Data Mining As data continues to play an increasingly important role in the modern business landscape, organizations need to be able to extract valuable insights from their vast data resources.

Data Mining 130

Data Mining Retail Healthcare Portfolio Management 130

Smart Data Collective

JUNE 30, 2022

Analytics Technology Helps Companies Bolster their Logistics Strategies. 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. This is particularly true with logistics processes.

Logistics 266

Logistics Supply Chain E-Commerce Data Analytics 266

Smart Data Collective

MAY 13, 2022

With the growth of business data, it is no longer surprising that AI has penetrated data analytics and business insight tools. Business insight and data analytics landscape. Artificial intelligence and allied technologies make business insight tools and data analytics software more efficient.

Artificial Intelligence 329

Artificial Intelligence Predictive Analytics Business Intelligence Business Intelligence 329

Smart Data Collective

SEPTEMBER 19, 2022

And Big Data is one such excellent opportunity ! Big Data is the collection and processing of huge volumes of different data types, which financial institutions use to gain insights into their business processes and make key company decisions. The Role Of Big Data In Fintech. Improving Risk Assessment. Improving Security.

Customer Experience 314

Customer Experience Customer Experience Big Data Banking 314

Business Analysis Knowledge Share

NOVEMBER 10, 2023

Introduction In the dynamic world of data analytics , Business Analysts play a crucial role in deciphering complex datasets and deriving valuable insights. ChatGPT can be instrumental in automating various data analysis tasks, from data cleaning to report generation, saving precious time and effort.

Data Analytics 66

Data Analytics Data Analytics Healthcare E-Commerce 66

Smart Data Collective

JUNE 28, 2021

The benefits of data centers for e-commerce companies are undeniable. They give online retailers high levels of control over their own internal data. They are not subject to data loss from hosting it in the cloud, which might have retention policies outside their control.

E-Commerce 217

E-Commerce Retail Big Data Data Analytics 217

Smart Data Collective

APRIL 13, 2020

Big data is crucial for any organization that wants to attract and retain customers. A study by McKinsey Global Institute found that data-driven companies are 400% more likely to retain customers and 2,200% more likely to acquire new ones. Fewer experts have emphasized the significance of big data. Companies make mistakes.

Big Data 351

Big Data Healthcare Retail Data Analytics 351

Smart Data Collective

FEBRUARY 22, 2022

They are finding new ways to leverage data analytics and AI technology to maximize their ROI. E-commerce startups are investing most heavily in big data, which is why the e-commerce analytics market will be worth over $22 billion by 2025. They must make every penny count. 1 – Customer acquisition costs.

E-Commerce 314

E-Commerce Big Data Data Analytics Data Analytics 314

Smart Data Collective

OCTOBER 5, 2021

The market for web analytics is projected to be worth $9.11 The utilization of analytics and big data in the marketing industry has played a massive role in this robust growth. One of the most important benefits of analytics in marketing is with PPC marketing. PPC marketing would be infeasible in 2021 without analytics.

Data Analytics 289

Data Analytics Data Analytics Big Data Retail 289

Smart Data Collective

AUGUST 18, 2021

Big data has radically changed the accounting profession. They are also using more advanced data analytics tools to make more meaningful insights into the nature of their clients’ financial matters. The lease accounting profession has been particularly influenced by advances in big data. Image source: Trullion.

Big Data 293

Big Data Artificial Intelligence Portfolio Management Visualization 293

Analysts Corner

MARCH 26, 2023

In today’s data-driven world, businesses rely on analytics teams to derive valuable insights and drive informed decision-making. In this article, we will explore the essential experiences and qualities someone should possess to successfully lead an analytics team, along with examples and explanations.

Artificial Intelligence 130

Artificial Intelligence Innovation Retail Vision 130

Smart Data Collective

MARCH 30, 2022

Those that have a solid strategy predicated on it will have a higher ROI. How Can Your New Ecommerce Startup Take Advantage of Analytics Technology? You will have a huge competitive edge in the ecommerce market if you leverage analytics to your fullest potential. Step #1 — Use Analytics to Select the Right Name.

E-Commerce 278

E-Commerce Banking Big Data Finance 278

Phocas

JANUARY 16, 2020

There are many benefits for companies in manufacturing, distribution and retail to invest in enterprise resource planning (ERP) technology, including enhanced automation for the ability to deal with a complex data landscape. So how can you keep all your data intact and accessible as you’re switching ERPs?

Data Analytics 94

Data Analytics Data Analytics Retail Planning 94

Smart Data Collective

JANUARY 27, 2022

Did you know that big data consumption increased 5,000% between 2010 and 2020 ? 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. What Fields Are Growing the Fastest as the Result of Advances in Big Data.

Big Data 312

Big Data Logistics Artificial Intelligence Data Analytics 312

Analysts Corner

AUGUST 20, 2023

Leveraging Data, Statistics, and Probability in Business Analytics: A Modern Approach for Transforming Information into Actionable Insights In the age of information, businesses have access to more data than ever before. This data is the starting point for understanding customer behavior and preferences.

Supply Chain 130

Supply Chain Retail Predictive Analytics Artificial Intelligence 130

BizAcuity

APRIL 25, 2022

Casinos would do well to think through their marketing strategies, to support growth, differentiate themselves from competitors, and strengthen their relationship with patrons and members. Casinos have to continuously work on the game mix such that they are able to generate ROI while managing player win expectations.

Digital 130

Digital Retail User Experience E-Commerce 130

Smart Data Collective

MAY 4, 2021

This is hardly surprising, since so many businesses depend on data analytics to draw useful insights on every aspect of their business model. Analytics is one of the most powerful tools that modern businesses possess. Using data analytics can help you learn much more about the current situation and health of your company.

Data Analytics 332

Data Analytics Data Analytics Customer Experience Customer Experience 332

Domo

JUNE 3, 2022

When Harmons Grocery , a regional supermarket company, used a data app to move the database for 4,000 of its top-selling products to the fingertips of its inventory managers and suppliers, out-of-stock problems plunged by 60%—even during the height of the pandemic. Apps drive action. It’s a secret too good to keep.

Retail 98

Retail Digital Transformation Healthcare Business Intelligence 98

BizAcuity

JUNE 3, 2022

The retail industry across the globe has been facing a rough patch for the past 24-36 months due to multiple disruptions- the pandemic, rising inflation, shortage of materials (like semiconductors), and stagnant demand for goods. The new wave of retail experience: the omnichannel boom. Omnichannel retailing: Challenges & Solutions.

Retail 147

Retail Data Analytics Data Analytics Supply Chain 147

Smart Data Collective

SEPTEMBER 2, 2021

New advances in data analytics and data mining tools have been incredibly important in many organizations. We have talked extensively about the benefits of using data technology in the context of marketing and finance. However, big data can also be invaluable when it comes to operations management as well.

Retail 253

Retail Big Data Data Analytics Data Analytics 253

Marutitech

FEBRUARY 23, 2022

Organizations worldwide have automated some portion of their operations, which has increased overall data points and data collection. Predictive analytics is one of these practices. Predictive analytics refers to the use of machine learning algorithms and statistics to predict future outcomes and performances.

Predictive Analytics 92

Predictive Analytics Supply Chain Pharmaceutical Retail 92

Tableau

OCTOBER 8, 2021

It's more important than ever in this all digital, work from anywhere world for organizations to use data to make informed decisions. However, most organizations struggle to become data driven. Data is stuck in siloes, infrastructure can’t scale to meet growing data needs, and analytics is still too hard for most people to use.

Government 132

Government Digital Transformation Healthcare Retail 132

Data Pine

MARCH 11, 2020

As digital transformation evolves, and more businesses begin to harness the power of digital technologies, the rate at which we are creating data is rising by the second. As such, we have to find approaches to data analytics and business intelligence. Download our executive, pocket-sized guide to real time BI and analytics!

Business Intelligence 66

Business Intelligence Business Intelligence Real-time Data Retail 66

Sisense

JUNE 25, 2020

Disrupting Markets is your window into how companies have digitally transformed their businesses, shaken up their industries, and even changed the world through the use of data and analytics. It’s no coincidence that this recent growth has come alongside a huge investment in data analytics.

Supply Chain 98

Supply Chain Big Data Retail IBM Maintenance 98

Astera

JANUARY 25, 2024

Reverse ETL (Extract, Transform, Load) is the process of moving data from central data warehouse to operational and analytic tools. Reverse ETL ensures that data is available in tools, like business intelligence (BI), and data visualization, making them more effective and efficient in their operations.

E-Commerce 52

E-Commerce Data Warehouse Retail Customer Experience 52

Argon Digital

JUNE 27, 2023

One of the key strategies that have emerged to meet these demands is enterprise automation. Accurate data entry, automated calculations, and standardized processes lead to improved data accuracy and reliability. In this article, we will explore the high-level value automation brings to organizations.

Logistics 52

Logistics Supply Chain Financial Analysis Customer Experience 52

Tableau

OCTOBER 8, 2021

It's more important than ever in this all digital, work from anywhere world for organizations to use data to make informed decisions. However, most organizations struggle to become data driven. Data is stuck in siloes, infrastructure can’t scale to meet growing data needs, and analytics is still too hard for most people to use.

Government 98

Government Digital Transformation Healthcare Retail 98

Phocas

FEBRUARY 6, 2020

For manufacturing , distribution and retail businesses to succeed in today’s competitive market, data analytics has to be in the hands of all business users, from sales and marketing, to operations and logistics­. As we start 2020, however, data-driven business models are the norm for all departments.

Retail 89

Retail Business Intelligence Business Intelligence Data Analytics 89

Tableau

AUGUST 1, 2022

Senior Director, Product Management, Tableau. Enterprises are eager to win in the data economy. This economy, representing global supply and demand for data, and data-driven applications or services, grows because more enterprises seek critical insights from data-fueled products and services that support their success.

E-Commerce 96

E-Commerce Digital Transformation Agile Retail 96

Tableau

AUGUST 1, 2022

Senior Director, Product Management, Tableau. Enterprises are eager to win in the data economy. This economy, representing global supply and demand for data, and data-driven applications or services, grows because more enterprises seek critical insights from data-fueled products and services that support their success.

E-Commerce 89

E-Commerce Digital Transformation Agile Retail 89

Astera

NOVEMBER 27, 2023

Clean and accurate data is the foundation of an organization’s decision-making processes. However, studies reveal that only 3% of the data in an organization meets basic data quality standards, making it necessary to prepare data effectively before analysis. This is where data profiling comes into play.

Data Mining 52

Data Mining Data Quality Data Governance Business Intelligence 52