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Is Predictive Analytics Revealing Unexplored eCommerce Niches?

Smart Data Collective

Predictive analytics is one of the biggest disruptive technologies shaping the eCommerce industry. IQLECT published an article on this last year titled The Importance of Predictive Analytics for E-commerce Stores. However, one of the biggest applications is with using predictive analytics to choose the best niches.

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Predictive Analytics Helps New Dropshipping Businesses Thrive

Smart Data Collective

Paul Glen of IBM’s Business Analytics wrote an article titled “ The Role of Predictive Analytics in the Dropshipping Industry.” ” Glen shares some very important insights on the benefits of utilizing predictive analytics to optimize a dropshipping commpany.

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Growing Importance Of Predictive Analytics For Recovery Point Objectives

Smart Data Collective

Predictive analytics is revolutionizing the future of cybersecurity. A growing number of digital security experts are using predictive analytics algorithms to improve their risk scoring models. The features of predictive analytics are becoming more important as online security risks worsen.

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P&G enlists IoT, predictive analytics to perfect Pampers diapers

CIO

Hot Melt Optimization employs a proprietary data collection method using proprietary sensors on the assembly line, which, when combined with Microsoft’s predictive analytics and Azure cloud for manufacturing, enables P&G to produce perfect diapers by reducing loss due to damage during the manufacturing process.

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AI Leads to Powerful New Fraud Detection Software for E-commerce

Smart Data Collective

The rise of e-commerce fraud and account takeover fraud are notable examples of these threats that have gained prominence lately. Many financial institutions are already using these types of predictive analytics models to fight fraud. Detecting and preventing e-commerce fraud is a complex task.

Commerce 324
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Top tech trends powering the Middle East’s digital evolution by 2025

CIO

Healthcare: AI-powered diagnostics, predictive analytics, and telemedicine will enhance healthcare accessibility and efficiency. Energy Sector: Predictive maintenance, real-time analytics, and AI-driven exploration will improve efficiency and sustainability in oil, gas, and renewables.

Banking 305
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The retail edge: Where data powers game-changing customer experiences

CIO

Advanced inventory management systems using real-time updates and predictive analytics derived from edge data allow you to forecast demand more accurately, optimize stock allocation, and minimize stock-outs across all channels. 7] Invesp, E-commerce Product Return Rate – Statistics and Trends [Infographic] , accessed October 2023.

Retail 494