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8 Steps to Leveraging Analytics to Create Successful Ecommerce Stores

Smart Data Collective

Companies that know how to leverage analytics will have the following advantages: They will be able to use predictive analytics tools to anticipate future demand of products and services. They can use data on online user engagement to optimize their business models.

Commerce 291
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Banks Merge Data Mining and CRM Tools to Boost Profitability

Smart Data Collective

Earlier this year, we talked about some of the major changes that data has brought to the financial sector. Bhagyeshwari Chauhan of DataHut writes that one of the major ways that big data helps is with identifying fraud. Predictive analytics and other big data tools help distinguish between legitimate and fraudulent transactions.

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What Is The Difference Between Business Intelligence And Analytics?

Datapine Blog

On the other hand, BA is concerned with more advanced applications such as predictive analytics and statistic modeling. This also allows the two terms to complement each other to provide a complete picture of the data. Your Chance: Want to extract the maximum potential out of your data?