Friday, December 27, 2019
Business Intelligence and Analytics 44
1 Tech We Can’t Live Without, Growing Pains and 2020 Insights
https://www.informationweek.com/strategic-cio/executive-insights-and-innovation/tech-we-cant-live-without-growing-pains-and-2020-insights/a/d-id/1336603
In 2020, expect to see these trends in technology work together to create solutions to improve how businesses and society work together.
Every year, technology that was once cutting edge becomes obsolete as new ideas enter the space. 2019 was a big year in the high-tech world. Here’s a look at new tools that are making a difference in business outcomes, some big ideas that haven’t yet come together, and what’s next for the industry in 2020.
2 Crystal Ball Time! 10 Marketing, Tech and CX Predictions for 2020
https://www.business2community.com/marketing/crystal-ball-time-10-marketing-tech-and-cx-predictions-for-2020-02270723
It’s that time of year to break out the crystal ball. As we get ready for a new year and new decade, what does the future hold?
We asked 10 leading experts in the fields of marketing, customer experience, e-commerce, personalization, customer data platforms (CDPs) and more for their industry predictions for 2020. Read on to see the advances, challenges, opportunities and trends they forecast:
3 5 Predictions for AI and Analytics in 2020
https://medium.com/cuddle-ai/5-predictions-for-ai-and-analytics-in-2020-8341dc265b86
AI has become an integral part of the business — development tools, algorithmic models, computing platforms, management, and monitoring tools, data governance and ethics — are all part of the mainstream conversation at every forward-looking enterprise. The intersection of AI and Analytics is one that we find most exciting — and there are many trends we predict to see in 2020. Let us look at the 5 developments we are most likely to see at the intersection of AI and Analytics in the next year.
4 How Algorithms Impact Our Decisions
https://knowledge.wharton.upenn.edu/article/algorithms-decision-making/
When we buy something on Amazon or watch something on Netflix, we think it’s our own choice. Well, it turns out that algorithms influence one-third of our decisions on Amazon and more than 80% on Netflix. What’s more, algorithms have their own biases. They can even go rogue.
5 Predictive Analytics Techniques in One Picture
https://www.datasciencecentral.com/profiles/blogs/predictive-analytics-in-one-picture
Predictive analytics is a wide field of techniques that share a common goal of predicting future behavior. Choosing the right prediction modeling method is perhaps the most important step in the process, because predictive models are the driving force behind predictive analytics. This picture summarizes six of the most popular methods:
6 AI and the future of work: Will Artificial Intelligence make us all into Polymaths in the future?
https://www.datasciencecentral.com/profiles/blogs/ai-and-the-future-of-work-will-artificial-intelligence-make-us
A polymath is an individual whose knowledge spans a significant number of subjects, known to draw on complex bodies of knowledge to solve specific problems. (wikiepdia). The best example of a polymath is Leonardo Da Vinci. Specifically, a polymath could be seen as someone who has demonstrated mastery in more than two trades (poly – hence more than two)
7 How is IoT Supporting Various Oil & Gas Industrial Operations?
https://www.datasciencecentral.com/profiles/blogs/how-is-iot-supporting-various-oil-amp-gas-industrial-operations
The heightened technological development in the 21st century would not have been possible without the contribution from the oil & gas sector. Our dependence on the crude and its products has made it one of the industrial sectors that contribute around 2 to 3 per cent to the overall global economy. In fact, in 2017, the consumption of crude grew by 1.4 million b/d and its production increased by 2.2 million b/d.
8 Recession, robots and rockets: another roaring 20s for world markets?
https://www.reuters.com/article/us-markets-outlook-2030-analysis-idUSKBN1YV0QQ
The ‘20s could be an era of smart cities, where big data and robotics ensure better governance, health and connectivity, UBS forecast. It expects annual spending to turn cities smart will reach $2 trillion in 2025 and internet-connected devices will multiply more than four-fold to 46 billion.
9 4 Content Marketing Mistakes You Didn’t Know You Were Making
https://www.business2community.com/content-marketing/4-content-marketing-mistakes-you-didnt-know-you-were-making-and-how-to-fix-them-02270698
If there’s one golden of starting a business, it’s that you need a blog to grow. Your blog is the reason consumers come back long after they’ve purchased something from your online store. It’s also the reason that new users find your brand when they are searching on Google. Lastly, your blog is the deciding factor for many consumers when they commit to your company.
10 Using a Connected Strategy to Gain a Competitive Advantage
https://knowledge.wharton.upenn.edu/article/connected-strategy-book/
In an increasingly competitive marketplace, it’s no longer good enough for company to sell a product through a simple, one-time transaction with shoppers they may never see again. Businesses can create more value for themselves and their customers if they learn to develop a connected strategy.
11 Market Basket Analysis: A Tutorial
https://www.kdnuggets.com/2019/12/market-basket-analysis.html
The lifeblood of retail businesses has always been sales. A retailer can never assume that his customers know all of his offerings. But rather, he must make the effort to present all applicable options in way which increases customer engagement and increase sales.
