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5 hot IT budget investments — and 2 going cold

CIO

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. Modern-day CIOs or CTOs have to start thinking like business owners if they are to be successful, he says.

Hospitals 909
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How Data Analytics Improves Customer Journeys Behind the Scenes

Smart Data Collective

Before data analytics was widely used, nearly every decision a business manager would make was essentially the result of guesswork. People couldn’t really see into the future and appropriately predict the outcomes of any particular course of action, so they largely took educated guesses and saw what stuck.

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4 Data Goldmines Your Company Should Not Ignore

Smart Data Collective

In an earlier age, perhaps as little as a decade ago, businesses had to rely on intuition and educated guesses to guide their spending. Business Intelligence (BI)– the data that companies generate in the course of simply doing business – is emerging as an indispensable tool in corporate decision-making.

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Pandemic, Cost-Effectiveness Driving Expansion of US eLearning Market

ArchIntel

Also helping propel the emerging sector’s growth is today’s evolved learning and education landscape, the report said. It also forecasted that the massive open online course market could be worth $25.33 higher education. She also holds a Master of Business Administration degree from the University of Virginia.

Marketing 104
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The Demand Generation Strategy Guide

Zoominfo

Regardless, behavioral scoring aims to pair a prospect’s actions with a lead qualification score and establishes a benchmark to achieve Marketing Qualified Leads (MQLs). Demand generation activities should span the entire length of your sales and marketing funnel and not just focus on adding new prospects at the top of the funnel.

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What is the Decision Tree Analysis and How Does it Help a Business to Analyze Data?

Elegant BI

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. Here the target variable would be the purchase amount.

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The Demand Generation Strategy Guide

Zoominfo

Regardless, behavioral scoring aims to pair a prospect’s actions with a lead qualification score and establishes a benchmark to achieve Marketing Qualified Leads (MQLs). Demand generation activities should span the entire length of your sales and marketing funnel and not just focus on adding new prospects at the top of the funnel.