Smart Data Collective

JANUARY 14, 2022

Big data is even more important to the banking sector as more of their services become digitalized. The market for analytics technology in the banking sector is projected to be worth over $5.4 Banks turn to Data Analytics as Demand for Digital Services Grows. billion by 2026. Enhanced, Personalized Customer Engagement.

Banking 254

Banking Retail Digital Big Data 254

Smart Data Collective

MAY 29, 2022

What is data analytics? One of the most buzzing terminologies of this decade has got to be “data analytics.” Companies generate unlimited data every day, and there is no end to the data collected over time. Companies need all of this data in a structured manner to improve their decision—making capabilities.

Data Analytics 324

Data Analytics Data Analytics Artificial Intelligence Skillset 324

Smart Data Collective

DECEMBER 14, 2020

Retailers are struggling to keep up with a growing demand for online purchases. This has driven many companies to find more innovative ecommerce marketing models that rely on big data. As such, retailers have an even tougher job of keeping on top of supply and demand. Today, we have big data to handle this work for us.

Supply Chain 276

Supply Chain Retail Big Data Logistics 276

Smart Data Collective

JUNE 24, 2022

Data analytics technology has helped countless companies improve their marketing strategies. Global companies are spending over $3 billion a year on marketing analytics technology and this figure is growing over 12% a year. Using QR Codes and Data Analytics Helps Companies Bolster their Marketing Strategies.

Data Analytics 321

Data Analytics Data Analytics Retail Digital 321

Smart Data Collective

FEBRUARY 1, 2023

According to Bloomberg , the market for sports research and data analysis net worth is expected to be around $8.4 In this brief article, we explore the impact of data analytics on sports. Data in Individual Sports Data analytics are commonplace in individual sports such as roller skating and can be used in a variety of ways.

Data Analytics 223

Data Analytics Data Analytics Monitoring Retail 223

Dataversity

OCTOBER 21, 2021

This has affected not only other online stores but traditional retailers as well. Offline stores are bound to become more reliant on data collection to provide their customers with a […]. The post The Benefits of Making Computer Vision Investments as a Retailer appeared first on DATAVERSITY.

Vision 130

Vision Retail E-Commerce Customer Experience 130

Smart Data Collective

JANUARY 29, 2021

Big data helps us assess some of the biggest trends. A number of analytics tools can see market trends , but it is useful to use data analytics to spot social trends as well. One trend that big data helps us understand better is Covid-19. What Data Analytics Says About Covid-19 Influence Buyer Behavior.

E-Commerce 162

E-Commerce Data Analytics Data Analytics Big Data 162

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

JULY 28, 2021

The supply-chain analytics market is projected to be worth over $16.8 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.

Supply Chain 332

Supply Chain E-Commerce Big Data Retail 332

Astera

JANUARY 15, 2024

That’s where marketing data analytics comes into play. What is Marketing Data Analytics, and Why is it Important? Simply put, “marketing data analytics” is the process of collecting, analyzing, and interpreting data related to your marketing efforts.

Data Analytics 52

Data Analytics Data Analytics Monitoring Predictive Analytics 52

Smart Data Collective

NOVEMBER 12, 2022

They are highly-skilled individuals that gather and analyze the data to cater to various problems and provide solutions faced by different organizations or even individuals. Data analysts work in many industries and can support companies with focuses ranging from retail to healthcare to IT companies etc.

Healthcare 282

Healthcare Retail Data Analytics Data Analytics 282

Phocas

MARCH 31, 2020

Gold Medal International (Gold Medal) is a premier apparel supplier to leading department stores and sporting goods retailers across the U.S. Data analytics has helped it understand its situation and move fast.

Data Analytics 98

Data Analytics Data Analytics Retail Business Intelligence 98

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. As a Business Analyst, select the version that best aligns with your data analytics needs, whether it’s for natural language understanding, data summarization, or other tasks.

Data Analytics 66

Data Analytics Data Analytics Healthcare E-Commerce 66

Phocas

SEPTEMBER 15, 2021

Two longstanding software providers dedicated to the wholesale and retail market in the United Kingdom, Phocas Business Intelligence Software and Khaos Control have joined forces to bring business intelligence (BI) to all versions of Khaos Control ERP.

Retail 98

Retail Business Intelligence Business Intelligence Data Analytics 98

ElegantJ BI

FEBRUARY 5, 2020

This Client is one of the fastest growing retail clothing chains in India. The Client has more than 50 stores located in 18 cities, and offering more than 8 in-house brands of apparel. The Client business is experiencing consistent growth with new stores opening in numerous cities at prime locations.

Retail 100

Retail Finance Data Analytics Data Analytics 100

Phocas

JUNE 18, 2020

Data is increasingly vital to mid-market businesses who want to carve out a competitive advantage. Everyone working in wholesale or retail industries knows how easy it is for customers to swap suppliers when an issue arises or not, so data analytics may hold the key to keeping them.

Data Analytics 78

Data Analytics Data Analytics Retail Business Intelligence 78

ElegantJ BI

JANUARY 22, 2020

This Client is a pioneer speciality retail chain with pharmacy and wellness stores in India. The Client owns and manages a chain of stores located across Ahmedabad, Gandhinagar and Vadodara and offers pharmacy products sourced from manufacturers or channel partners.

Retail 100

Retail Monitoring Planning Data Analytics 100

Smart Data Collective

APRIL 7, 2022

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.

E-Commerce 257

E-Commerce Supply Chain Logistics Retail 257

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

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

NOVEMBER 17, 2021

Data analytics has become a crucial element of the financial industry. Financial institutions such as mutual funds and insurance companies are using big data to improve their operations. The market for financial analytics services is expected to be worth $14 billion by 2026.

Big Data 270

Big Data Retail Data Analytics Data Analytics 270

GAVS Technology

SEPTEMBER 14, 2021

Industries like retail or e-commerce largely depend on strong customer relationships and constantly work towards improving engagement with their clients. Retail and e-commerce companies are among the most popular businesses that are relying on AIOps platforms. How can retail and e-commerce platforms make use of AIOps?

E-Commerce 40

E-Commerce Customer Experience Customer Experience Retail 40

Smart Data Collective

APRIL 20, 2022

Amazon is without a doubt the largest retailer in the world. Companies that utilize data analytics to make the most of their business model will have an easier time succeeding with Amazon. One of the best ways to create a profitable business model with Amazon involves using data analytics to optimize your PPC marketing strategy.

Data Quality 280

Data Quality E-Commerce Data Analytics Data Analytics 280

Smart Data Collective

SEPTEMBER 13, 2023

Welcome to 2023, the age where screens are more than mere displays; they’re interactive communication portals, awash with data and always hungry for more. Retail is another classic example. You walk into a clothing store and are greeted by a wall-sized screen showing off the latest fashions.

Big Data 271

Big Data Digital Retail Real-time Data 271

Smart Data Collective

JUNE 28, 2021

E-commerce companies around the world are investing more in data centers than ever before. The benefits of data centers for e-commerce companies are undeniable. They give online retailers high levels of control over their own internal data. The use of big data offers a direct window into the minds of customers.

E-Commerce 217

E-Commerce Big Data Retail Data Analytics 217

Smart Data Collective

JUNE 11, 2021

Because of this spike in demand for digital money transfer services, Western Union is on pace to exceed $1 billion in digital revenue for the 2021 fiscal year by using sophisticated AI and data analytics tools. They used data analytics tools to facilitate these transactions.

Big Data 233

Big Data Retail Banking Digital 233

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 252

Big Data Banking Data Mining Data Analytics 252

Analysts Corner

OCTOBER 17, 2023

Association Rule Learning: Association rule learning involves the discovery of relationships between attributes in a data set. It is commonly used to uncover hidden patterns and associations in large transactional databases, such as market basket analysis in retail.

Data Mining 130

Data Mining Retail Healthcare Portfolio Management 130

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

FEBRUARY 22, 2022

Big data has been changing the state of business for years. 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.

E-Commerce 315

E-Commerce Big Data Data Analytics Data Analytics 315

Smart Data Collective

JUNE 30, 2022

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. The IoT has helped improve logistics , but big data has been even more impactful. Analytics Helps Companies Improve their Logistics.

Logistics 267

Logistics Supply Chain E-Commerce Data Analytics 267

Phocas

MARCH 22, 2020

Strong visibility into your operations using data analytics principles can help manage inventory levels and keep cash flow steady. For businesses who move and sell products, inventory management can be a never-ending battle. During the shock of COVID-19, when supply and demand are volatile, managing stock presents further challenges.

Data Analytics 102

Data Analytics Data Analytics Retail Business Intelligence 102

Smart Data Collective

SEPTEMBER 19, 2022

Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. To ensure their customers have a satisfactory experience, financial businesses will use big data analytics to tweak their services across various platforms to suit a customer’s needs.

Customer Experience 315

Customer Experience Customer Experience Big Data Banking 315

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.

Big Data 207

Big Data IBM cost Talent Acquisition IBM Support 207

Christian Steven

APRIL 9, 2020

Yet, through data analytics , Amazon has found a way to dominate the online retail space. However, with all of these choices, with all of these possibilities at your fingertips, the average consumer can end up feeling overwhelmed.

Data Analytics 52

Data Analytics Data Analytics Retail Business Intelligence 52

Smart Data Collective

JUNE 30, 2022

Modern marketing strategies rely heavily on big data. One study found that retailers that use big data have 2.7 Big data is even more important for companies that depend on social media marketing. His statement about the importance of big data in social media marketing is even more true today.

Big Data 266

Big Data Data Analytics Data Analytics Artificial Intelligence 266

Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. billion on big data by 2025. Use data to strengthen brand identity.

E-Commerce 331

E-Commerce Big Data Data Analytics Data Analytics 331