Smart Data Collective

MAY 11, 2023

With customers increasingly relying on their smartphones to browse, shop, and make purchases, it’s more important than ever for businesses to adapt and stay ahead of the curve. In this blog post, we will explore how AI-driven app development strategies can help your e-commerce business stay ahead in the mobile-first world.

Commerce 249

Commerce Competitive Landscape Gaming Algorithm 249

Netbasequid

JULY 24, 2023

And pharmaceutical analytics can help brands stand out amid growing competition to unlock previously hidden opportunities. Let’s discuss the benefits of using data-driven insights in your business, the different areas where analytics plays a crucial role in Pharma, and key techniques to use for better results.

Pharmaceutical 52

Pharmaceutical Business Competitor Analysis Competitive Landscape 52

Aqute Intelligence

APRIL 25, 2024

Competitive intelligence analysis helps businesses maintain or gain a strategic market advantage. LinkedIn, with its network of over 750 million users worldwide, is an indispensable competitive intelligence tool, and no competitive intelligence research is complete without it.

Competitive Intelligence 147

Competitive Intelligence Competitive Intelligence Intelligence 147

Owler

FEBRUARY 2, 2022

Competitive intelligence is the practice of gathering, analyzing, and acting on information about your market, industry activity and disruptions, competitors, and their products/services. Where are they getting most of their business from these days? Who are their clients? What are their similarities and differences to my own?

Competitive Intelligence 52

Competitive Intelligence Research Competitive Intelligence 52

Elegant BI

OCTOBER 18, 2018

How Can Multiple Linear Regression Be Helpful for Business Analysis? Business Problem: An ecommerce company wants to measure the impact of product price, product promotions, and holiday seasonality on product sales. Business Benefit: An agriculture firm can understand the impact of each of these predictors on the target variable.

Analysis 52

Analysis Business Competitive Landscape IT 52

Elegant BI

OCTOBER 16, 2018

SVM Classification Analysis can be used for many analytical tasks: Credit/Loan Approval Analysis – Given a list of client transactional attributes, a business can predict whether a client will default on a loan. How Can SVM Classification Analysis Benefit Business Analytics? There is 8% chance of error in classification.

Analysis 52

Analysis Business IT Banking 52

Elegant BI

OCTOBER 16, 2018

Let’s look at an example: A business will analyze the past behavior of customers on a retail website, and look at variables like the number of days from the last purchase, the brand preference, income, age, gender, website visits, location, and the total amount of purchases. Use Case – 1. Use Case – 2. About Smarten.

Analysis 64

Analysis Business Banking Retail 64

Elegant BI

JULY 18, 2018

The business can use this information for forecasting and planning, and to test theories and strategies. If a business wishes to produce clear, accurate results, it must choose the algorithm and technique that is the most appropriate for a particular type of data and analysis. About Smarten.

Business 52

Business Competitive Landscape Business Intelligence Analysis 52

Elegant BI

OCTOBER 17, 2018

For example, a business might use this technique to understand whether there was a difference in manager salaries before and after undertaking a PhD program. How is the Paired Sample T Test Beneficial to Business Analysis? Let’s look at two use cases to better understand the benefit of this technique in business analysis.

Analysis 52

Analysis Business IT Competitive Landscape 52

Elegant BI

DECEMBER 7, 2017

Self-Serve Data Preparation is the next generation of business analytics and business intelligence. Self-serve data preparation makes advanced data discovery accessible to team members and business users no matter their skills or technical knowledge. How Can Self-Serve Data Preparation Support Business Users?

Business 52

Business IT Competitive Landscape Analysis 52

Elegant BI

OCTOBER 17, 2018

How is Spearman’s Rank Correlation Useful for Business Analysis? Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation.

Analysis 52

Analysis Business IT Competitive Landscape 52

Elegant BI

AUGUST 24, 2017

ElegantJ BI, a leading vendor in Business Intelligence and Advanced Analytics solutions, is pleased to announce that it is listed for its suite in the Gartner ‘Other Vendors to Consider for Modern BI and Analytics’ report published August 4, 2017. Sallam, Cindi Howson, Carlie J.

KPI 85

KPI Competitive Landscape Business Intelligence Analysis 85

Elegant BI

AUGUST 11, 2017

The ElegantJ BI business intelligence solution is powered by unique Managed Memory Computing and the Smarten approach to advanced data analytics. There is no need for a separate business intelligence solution or a lengthy implementation process. ElegantJ BI products have been listed in multiple Gartner reports. .”

Management 81

Management KPI Competitive Landscape Business Intelligence 81

Elegant BI

OCTOBER 17, 2018

This method helps a business to identify the relationship between X and Y and the nature and direction of that relationship. Business Problem: An eCommerce company wants to measure the impact of product price on product sales. Let’s look at two use cases that illustrate the value of Simple Linear Regression. Use Case – 1.

Competitive Landscape 52

Competitive Landscape Business Intelligence Analysis Sales 52

Elegant BI

FEBRUARY 14, 2017

Consider the time and effort involved in the ‘old world’ of business intelligence data preparation! Imagine what your team (business users, analysts and IT) can do with that extra time and budget! But, that cost is significantly diminished by the new crop of self-serve business intelligence tools.

Analysis 64

Analysis Data Analysis Business Intelligence Competitive Landscape 64

Elegant BI

OCTOBER 17, 2018

This article explains the Karl Pearson Correlation method of analysis, and how it can be applied in business. Business Problem: A bank wants to find the correlation between income and credit card delinquency rate of credit card holders. What is the Karl Pearson Correlation Analytical Technique? About Smarten.

Analysis 52

Analysis Competitive Landscape IT Business Intelligence 52

Elegant BI

MARCH 26, 2017

Well, there are a lot of reasons to like Self-Serve Data Preparation and Self-Serve Business Intelligence solutions. Here are just a few: Empowering Business Users. Reducing time to analyze data by empowering business users do data prep on their own. Leveraging BI Tools to Gain Competitive Advantage, Improve ROI and TCO.

Business Intelligence 75

Business Intelligence Competitive Landscape Analysis Knowledge 75

Elegant BI

OCTOBER 17, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. For more information about data trend and pattern analysis techniques, read our article entitled, ‘ What Are Data Trends and Patterns, and How Do They Impact Business Decisions?’ What is ARIMAX Forecasting?

Analysis 52

Analysis IT Competitive Landscape Business Intelligence 52

Elegant BI

OCTOBER 16, 2018

Business Problem: A bank wants to group loan applicants into high/medium/low risk based on attributes such as loan amount, monthly installments, employment tenure, the number of times the applicant has been delinquent in other payments, annual income, debt to income ratio etc. Use Case – 1. Use Case – 2. About Smarten.

Banking 52

Banking Competitive Landscape IT Business Intelligence 52

Elegant BI

OCTOBER 16, 2018

How Can Outlier Detection Improve Business Analysis? When considering the use of Outlier analysis, a business should first think about why they want to find the outliers and what they will do with that data. Here is another illustration of an outlier. This data point is an outlier. About Smarten.

Analysis 52

Analysis IT Competitive Landscape Briefing 52

Elegant BI

AUGUST 14, 2018

For more information about data trend and pattern analysis techniques, read our article entitled, ‘ What Are Data Trends and Patterns, and How Do They Impact Business Decisions?’ Business Benefit: The business can make use of these forecasts for better planning of drug production and accuracy of sales targets.

Analysis 52

Analysis Pharmaceutical IT Competitive Landscape 52

Elegant BI

OCTOBER 17, 2018

In this article, we will discuss the Binary Logistic Regression Classification method of analysis, and how it can be used in business. Business Benefit: Once classes are assigned, the bank will have a loan applicant dataset with each applicant labeled as “likely/unlikely to default. What is Binary Logistic Regression Classification?

Analysis 52

Analysis Banking IT Competitive Landscape 52

Elegant BI

AUGUST 10, 2018

This method is used to find groups that have not been explicitly labeled in the data, and it can be used to confirm business assumptions about what types of groups exist, or to identify unknown groups in complex data sets. The attributes of objects decide which objects should be grouped together. Use Case – 1. Use Case – 2.

Algorithm 52

Algorithm Competitive Landscape Briefing IT 52

Elegant BI

AUGUST 14, 2018

Business Problem: A research agency wants to predict the likelihood of each election candidate being voted on by each voter and in turn devise a strategy to take proactive steps. Business Benefit: Given the profile of a patient and predicted level of disease, the doctor can determine the right treatment and/or medication.

Algorithm 52

Algorithm Analysis Competitive Landscape Briefing 52

Elegant BI

JUNE 16, 2017

On June 6 and 7, 2017, I had the pleasure of attending and participating in the Gartner Business Intelligence, Analytics and Information Management Summit in Powai, Mumbai, India. The ElegantJ BI booth was REALLY BUSY. We greeted customers, stakeholders, and partners and provided an update on business.

Competitive Landscape 52

Competitive Landscape Business Intelligence Predictive Analytics Intelligence 52

Elegant BI

MAY 22, 2017

To be successful in business, every organization must find a way to accurately forecast and predict the future of its market, and its internal operations, and better understand the buying behavior of its customers and prospects. Why and how might an enterprise use Plug n’ Play Predictive Analysis?

Analysis 52

Analysis Predictive Analytics Data Mining Algorithm 52

Elegant BI

FEBRUARY 18, 2016

Also, ElegantJ BI is mentioned in the list of “ Other Modern BI Platform Vendors ” in Gartner’s Magic Quadrant for Business Intelligence and Analytics Platforms Report – 2016 published earlier this month!

Competitive Landscape 52

Competitive Landscape Predictive Analytics Marketing Marketing 52

Elegant BI

OCTOBER 18, 2018

Business Problem: An HR Manager wants to find out whether male employees earn more than female employees. Business Benefit: Once the test is completed, a p-value is generated which indicates whether there is a statistical difference between the income of two groups. Here, the dependent variable would be ‘Total Annual Income’.

Analysis 52

Analysis Competitive Landscape IT Business Intelligence 52

Elegant BI

OCTOBER 16, 2018

This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. How Can the Chi Square Test of Association Be Used for Business Analysis? Business Problem: A marketing researcher wants to know if gender has an influence on political party preference.

Analysis 52

Analysis IT Competitive Landscape Retail 52

Elegant BI

OCTOBER 18, 2018

Credit/Loan Approval Analysis – Given a list of client transactional attributes, the business can predict whether a client will default on a bank loan. Fraud Analysis – Based on various bills submitted for reimbursement by an employee for food, travel, and other expense a business can predict the likelihood of fraud.

Analysis 52

Analysis Algorithm Banking Competitive Landscape 52

Elegant BI

APRIL 19, 2017

If you are considering a Business Intelligence solution, you ought to give some consideration to the concept of Smart Data Visualization and review your prospective solution to determine its capabilities in that regard. About Kartik Patel.

Business Intelligence 72

Business Intelligence Competitive Landscape Knowledge Analysis 72

Elegant BI

OCTOBER 1, 2020

The average business user does not have a full grasp of Advanced Data Discovery or Data Preparation methods, and most organizations would not want business users to waste precious time trying to navigate the complexities of a manual data preparation process. What is Augmented Data Preparation?

IT 52

IT Competitive Landscape Analysis Knowledge 52

ArchIntel

DECEMBER 7, 2020

We have to look at the marketing competitive landscape through different lenses, which help keep us honest. . There are plenty of great business intelligence platforms out there. . We have our competitive intelligence team, but we also have multiple competitive intelligence councils throughout the organization.

Competitive Intelligence 156

Competitive Intelligence Competitive Intelligence Intelligence 156

Elegant BI

MARCH 6, 2016

ElegantJ BI, a leader in Business Intelligence and Corporate Performance Management solutions, is pleased to announce that its suite of Business Intelligence and performance management tools was listed as a representative vendor in the Gartner ‘Market Guide for Enterprise-Reporting-Based Platforms,’ published in February 2016.

Business Intelligence 40

Business Intelligence Competitive Landscape Marketing Marketing 40

Elegant BI

MARCH 6, 2016

ElegantJ BI, a leader in Business Intelligence and Corporate Performance Management solutions, is pleased to announce that its suite of Business Intelligence and performance management tools was listed as a representative vendor in the Gartner ‘Market Guide for Enterprise-Reporting-Based Platforms,’ published in February 2016.

Business Intelligence 40

Business Intelligence Competitive Landscape Marketing Marketing 40

Elegant BI

OCTOBER 18, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist. About Smarten.

Competitive Landscape 40

Competitive Landscape Briefing Education Business Intelligence 40

Elegant BI

OCTOBER 18, 2018

a business can predict the likelihood of fraud. Business Problem: A bank loans officer wants to predict if a loan applicant will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installment, employment tenure, the number of times delinquent, annual income, debt to income ratio etc. About Smarten.

Analysis 52

Analysis IT Banking Competitive Landscape 52