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6 ways generative AI can optimize asset management

IBM Big Data Hub

Every asset manager, regardless of the organization’s size, faces similar mandates: streamline maintenance planning, enhance asset or equipment reliability and optimize workflows to improve quality and productivity. These foundation models, built on large language models, are trained on vast amounts of unstructured and external data.

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Amazon Redshift announcements at AWS re:Invent 2023 to enable analytics on all your data

AWS Big Data

This cloud service was a significant leap from the traditional data warehousing solutions, which were expensive, not elastic, and required significant expertise to tune and operate. From price-performance improvements to zero-ETL, to generative AI capabilities, we have something for everyone. Let’s dive into the highlights.

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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications.

Big Data 275
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7 Ways Data Analytics Is Boosting the ROI Of Digital Marketing

Smart Data Collective

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Data analytics is the process of drawing inferences from datasets to understand the information they contain. Focused and targeted campaigns boost sales by engaging optimally with the audience.

ROI 116
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Minimizing Supply Chain Disruptions with Advanced Analytics

Cloudera

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Open source solutions reduce risk.

Analytics 109
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How data from IoT devices is changing supply chain analytics

CIO Business Intelligence

Specifically, they’re looking at these areas: Centralized supply chain planning Advanced analytics Reskilling the labor force for digital planning and monitoring In the never-ending hunt for maximum efficiency and cost savings, supply chain digitization correlates closely with smart manufacturing processes. Democratization of data.

IoT 103
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13 Analytics & Business Intelligence Examples Illustrating The Value of BI

datapine

Digital data, by its very nature, paints a clear, concise, and panoramic picture of a number of vital areas of business performance, offering a window of insight that often leads to creating an enhanced business intelligence strategy and, ultimately, an ongoing commercial success. billion , growing at a CAGR of 26.98% from 2016.