How Data Enrichment Is A Force Multiplier In Analytics

Posted Leave a commentPosted in Analytics, Best Practices, Big Data, data, data enrichment, Data Management, SmartData Collective Exclusive

Based on the definition by Techopedia, data enrichment is the process by which raw data is improved so that it can be better and more easily utilized. While there are a lot of data sources that generate tons and tons of raw data, much of this raw data would be better used if it were […]

Big Data For Preventative Care In The Healthcare Field

Posted Leave a commentPosted in Analytics, Big Data, healthcare industry, preventative care, SmartData Collective Exclusive

Healthcare is an industry filled with big data. Some data is locked away due to patient privacy rights, but the industry is one that can be best improved through the use of big data. Doctors can analyze their cases and outcomes against millions of others, forming a healthcare plan that best meets the patient’s condition. […]

Which CMMS Solutions Use Predictive Analytics Capabilities?

Posted Leave a commentPosted in Analytics, Big Data, CMMS, Predictive Analytics, SmartData Collective Exclusive, Software

Predictive analytics is changing the role of maintenance management. Unfortunately, some older systems haven’t incorporated big data solutions to streamline their performance. This is a major frustration for maintenance teams that understand the value of a sound predictive analytics-based CMMS. Fortunately, the CMMS tools that utilize predictive analytics are open about their functionality. This makes […]

How Big Data Can Maximize Your Influencer Marketing Campaign Outcomes

Posted Leave a commentPosted in Analytics, Big Data, influencer fails, Influencer marketing, Influencer Marketing Campaign, influencer marketing fails, influencer marketing gone wrong, influencer marketing mistakes, SmartData Collective Exclusive

Influencer marketing is one of the most effective strategies to increase your brand’s visibility, credibility, awareness, and ROI. According to Google, from 2016 to 2017 there was an increase of almost 200% in searches for the term “influencer marketing.” And as of June 2018, the average monthly searches have increased by 85% compared to June […]

How is the IRS Using Predictive Analytics to Thwart Tax Evasion?

Posted Leave a commentPosted in Analytics, Big Data, Predictive Analytics, SmartData Collective Exclusive

Tax evasion is a growing concern in the United States. As politicians like Bernie Sanders and Alexandria Ocasio-Cortez try to encourage more people to demand scaling the size of the government, the risk of tax evasion could rise as more people try to abstain from paying higher taxes. The IRS is already under pressure to […]

Best productivity hacks for data scientists and business analysts

Posted Leave a commentPosted in Analytics, Data Science

What’s common between data scientists and business analysts? Both of them play with numbers. They’re both masters of calculations. They work parallelly to bring value to their respective industries. And the main objective of both professions is to grow business incredibly. Their jobs require them to do predictions and analysis. Let’s first discuss what their […]

How Are Predictive Analytics Shaping the Future of Fintech?

Posted Leave a commentPosted in Analytics, Big Data, finance, financial technology, Fintech, Predictive Analytics

The financial industry has undergone tremendous changes over the past decade. A lot of this can be attributed to big data. As advances in data become more impressive, new fintech solutions are reaching the market. Predictive analytics is one of the most important big data trends affecting FinTech. Established financial companies like Payoneer and PayPal […]