4 Data Goldmines Your Company Should Not Ignore

Posted Leave a commentPosted in Big Data, Business Intelligence, Business Rules, data, data collection, data goldmines, goldmines, Market Research, SmartData Collective Exclusive

In an earlier age, perhaps as little as a decade ago, businesses had to rely on intuition and educated guesses to guide their spending. The situation was famously captured by John Wanamaker, who said, “Half the money I spend on advertising is wasted; the trouble is, I don’t know which half.” Today, data is everywhere. […]

How The NBA Data And Analytics Revolution Has Changed The Game

Posted Leave a commentPosted in Analytics, Analytics Revolution, Big Data, data, data analytics, nba data, SmartData Collective Exclusive

In the early stages of basketball, there was very little use for data and analytics. Sports, in general, were largely anti-data science simply because it didn’t seem like it could apply to a game. Fast forward to the present day, and data science and data analytics are being used in virtually every single sport. The […]

Data Science Offers Fascinating New Scheduling Solutions

Posted Leave a commentPosted in Big Data, data, Data Science, scheduling, scheduling solutions, science, SmartData Collective Exclusive

At Smart Data Collective, we often emphasize the biggest trends in the field of big data. We have talked extensively about the application of big data in everything from large-scale marketing to criminal justice reform. However, the benefits of big data can also be extended to simpler, everyday tasks, such as scheduling. Big Data Offers […]

Global Hospitals Embark On A Worldwide Medical Data Initiative

Posted Leave a commentPosted in Big Data, data, Data Management, hospitals and big data, medical data, Policy and Governance, SmartData Collective Exclusive, Transparency

Big data is changing the nature of healthcare. One of the biggest developments was the implementation of the Medical Information Mart for Intensive Care, which took data from 50,000 patients dating back to 2001. Big data will have an even more profound impact in the near future. More than 15,000 hospitals around the world collect […]

How Data Analytics Is Changing The Insurance Industry

Posted Leave a commentPosted in Analytics, Big Data, data, data analytics, insurance, insurance industry, SmartData Collective Exclusive, Web Analytics

The insurance industry is based on the idea of managing risk. To determine this risk, the industry must consult data and see what trends are evident to draft their risk profiles. The journal Risk Management and Insurance Review mentions that historically, in the latter half of the twentieth century, the analysis of trends was the […]

5 ways data science can help you work smarter, not harder

Posted Leave a commentPosted in data, Data Science, sentiment analysis, trends

Today, the internet bleeds into almost every facet of everyday life — it empowers our productivity, enhances our entertainment, and enables our communication. As it does these things, of course, it generates a vast quantity of data: rich, complex, wide-reaching data on everything from the money we spend to the websites we visit. Data science […]

Big Data Provides Invaluable Translation Services For Marketers

Posted Leave a commentPosted in Big Data, data, digital marketing, online marketing, SmartData Collective Exclusive, translation

Big data has opened a number of doors for marketers. One of the most overlooked benefits of big data is that it allows marketers to translate documents from one language to another. Memsource shows that big data is revolutionizing translation solutions, primarily due to the advent of more sophisticated cloud language platforms and machine learning […]

How To Solve The Data Management Challenge Of Self-Driving Cars

Posted Leave a commentPosted in Big Data, cars, data, data analytics, Data Management, Data Visualization, Lyft, self-driving cars, SmartData Collective Exclusive, Uber

Self-driving cars and trucks once seemed like a staple of science fiction which could never morph into a reality here in the real world. Nevertheless, the past few years have given rise to a number of impressive innovations in the field of autonomous vehicles that have turned self-driving cars from a funny idea into a […]