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Companies Need to Create Data-Centric Procurement Processes

Smart Data Collective

Companies are using big data in countless aspects of their business models, including the procurement processes. billion on supply chain data analytics in 2026. However, procurement departments have increasingly lagged behind in companies’ quests to digitize their workflow. They are expected to spend $9.3

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Smart Businesses Must Invest in Data Analytics for Higher Conversions

Smart Data Collective

Fortunately, companies can use big data to optimize their business models. for every $1 they invest in data analytics. One of the most important ways for brands to improve their profitability with data analytics is through conversion rate optimization. Use Data Mining to Find the Best Strategies for Local SEO.

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5 Things You Didn’t Know About FDA Data-Driven Software Validation

Smart Data Collective

Data analytics has been very important for the FDA. They have used big data in many of their regulatory approaches. Big data has been instrumental in the software development process. The FDA has used data analytics technology to streamline their process and drastically reduce the risk of missing anything pertinent.

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Quality Control Tips for Data Collection with Drone Surveying

Smart Data Collective

Here at Smart Data Collective, we never cease to be amazed about the advances in data analytics. We have been publishing content on data analytics since 2008, but surprising new discoveries in big data are still made every year. You must have quality control systems in place to get reliable data with drones.

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The Evolving Role of Analytics in Supply Chain Security

Smart Data Collective

Some of the benefits of analytics actually have crossover with each other. For example, more companies than ever are using analytics to bolster their security. They are also using data analytics tools to help streamline many logistical processes and make sure supply chains operate more efficiently.

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Becoming an Intelligent, Sustainable Enterprise with SAP

Timo Elliott

It starts with our platform technology that provides the foundation of application integration, extensions including a robust ecosystem of solutions, and data, analytics, and artificial intelligence Then our industry-leading business applications work together, spanning front-end and back-end systems in a way that only SAP can provide.

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Seven Benefits of Using AI to Perform Text Analysis

Smart Data Collective

Text analysis , or text mining, is a machine—learning technique that can extract valuable data from large amounts of unstructured text. Artificial intelligence, machine learning, and advanced data analytics techniques come together to accomplish this. Why is text analysis needed?