article thumbnail

The most valuable AI use cases for business

IBM Big Data Hub

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

article thumbnail

How to Take Your Business to The Next Level with Data Intelligence

erwin

Aside from these, these data intelligence tools also provide healthcare institutions with an encompassing view of the hospital and care critical data that hospitals can use to improve the quality and level of service and increase their economic efficiency. Expanding big data. Data quality management.

Analytics 103
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

article thumbnail

Data privacy examples

IBM Big Data Hub

An online retailer always gets users’ explicit consent before sharing customer data with its partners. A navigation app anonymizes activity data before analyzing it for travel trends. Finally, the retailer classifies data based on sensitivity levels and applies appropriate controls to each type.

article thumbnail

Sustainability trends: 5 issues to watch in 2024

IBM Big Data Hub

Retailers, particularly in the fashion industry, are increasingly embracing circular business models: rental and resale programs offer opportunities for growth, while repair services offer an alternative to landfill disposal. Research expects that transitioning to a circular economy could generate USD 4.5

article thumbnail

How to implement the General Data Protection Regulation (GDPR)

IBM Big Data Hub

A data controller is any organization, group, or person that collects personal data and determines how it is used. Think: an online retailer that stores customers’ email addresses to send order updates. A data processor is any organization or group that conducts data processing activities.

GDPR 76
article thumbnail

How to Improve Your Big Data Management

Reltio

Improve Your Company’s Big Data Management for Increased ROI. quintillion bytes of data is created on the internet every day. Even the data that matters to your business is usually unstructured and disorganized, with lots of duplicates and inaccuracies. What is Big Data? The Five Vs of Big Data.