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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. Natural Language Processing (NLP) is another powerful tool, used to facilitate communication between humans and machines.

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Predictive Analytics Use Case: Predictive Analytics Using External Data!

Elegant BI

There is a lot of information within your enterprise, and being able to analyze that information is crucial to decision-making and to managing your business and predicting results with efficiency and accuracy. Learn More: Predictive Analytics Using External Data. Human Resource Attrition.

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Predictive Analytics Use Case: Product and Service Cross-Selling and Upselling!

Elegant BI

With the right information, business managers can leverage customer satisfaction to cross-sell and upsell products and services, and to increase revenue and brand loyalty. Use Predictive Analytics to test theories and hypotheses, and identify opportunities for cross-selling and upselling in your product and service portfolio.

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Predictive Analytics Use Case: Customer Targeting!

Elegant BI

The business can develop a clear picture of the demographics (age, income, interests, geography, gender and education) that inform product and service purchases and the most effective marketing messages for a particular customer segment. Learn More: Customer Targeting . Human Resource Attrition. Quality Control.

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How Can My Business Use Citizen Data Scientists?

Elegant BI

They are business users with domain, market or professional skills who will benefit from using data analytics. The ideal Citizen Data Scientist is a person who is respected in the enterprise, one who shares data and information with others to collaborate and product positive outcomes and one who is curious and likes learning new things.

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A Guide To Starting A Career In Business Intelligence & The BI Skills You Need

Datapine Blog

Does the idea of discovering patterns in large volumes of information make you want to roll up your sleeves and get to work? Moreover, companies that use BI analytics are five times more likely to make swifter, more informed decisions. The BI industry is expected to soar to a value of $26.50 billion by the end of 2021.

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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.