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How real-time operational insights drive superior tech platform development

CIO

They address increasingly complex business processes, tackling anything from specific single functions to entire client-vendor relationship networks. Employee shuttle transportation sponsored by corporations is a prime example of a highly specialized, complex business process that illustrates this point.

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Revolutionizing Procurement: The Power of AI in Vendor Management Systems

Smart Data Collective

The Intersection of AI and VMS AI has penetrated virtually every aspect of business operations, from customer service to human resources, and VMS is a prime candidate for the application of AI technologies. This is especially important in VMS, where businesses must handle complex data from multiple vendors.

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Predictive Analytics Use Case: Loan Approval!

Elegant BI

To achieve consistent results, the business must have a dependable process for attracting the right clientele and reviewing, approving and managing loans. Predictive analytics can be a crucial piece of the puzzle in supporting the loan approval process and monitoring and managing loans throughout the life cycle of the contract.

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Predictive Analytics Use Case: Fraud Mitigation!

Elegant BI

Fraud costs businesses millions of dollars per year, and the resources and effort required to mitigate fraud can take precious focus way from core business initiatives. Businesses that are proactive in identifying these risks can better optimize resources and respond to changing trends and patterns. Loan Approval.

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Can Big Data Eliminate Shortcomings of Team Extension Models?

Smart Data Collective

One of the biggest applications is that new predictive analytics models are able to get a better understanding of the relationships between employees and find areas where they break down. These big data algorithms can offer insights to improve harmony within the team. Big Data is the Key to Stronger Team Extension Models.

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Small and Medium Sized Businesses (SMEs) Needs Self-Serve Advanced Analytics!

Elegant BI

A recent Gartner report states that, natural language processing and conversational analytics will boost analytics and business intelligence adoption from 35% of employees to over 50%, including new classes of users, particularly front-office workers.

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How Can My Business Use Citizen Data Scientists?

Elegant BI

If you are a business owner or a business team member who has been asked to consider the Citizen Data Scientist role, you may be wondering how it all works and whether you (or your team member) can handle the new role. First, let’s say that Citizen Data Scientists are not business analysts or data scientists.