DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. Keeping pace with the connected consumer, embracing emerging trends in shopping, or staying ahead of the competition—these challenges bear down on retailers and manufacturers greater than ever before.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

IBM Big Data Hub

JANUARY 25, 2024

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. regulations, undergoing digital transformation and the need for cost-cutting. 2 Unless your demand forecasting is accurate, adopting a reactive approach might prove less efficient.

Optimization 74

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 74

CIO Business Intelligence

FEBRUARY 10, 2023

With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future. The report projects the market will reach $38 billion by 2028, growing at a compound annual growth rate (CAGR) of about 20.4%

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

IBM Big Data Hub

SEPTEMBER 1, 2022

A national blood service, and long-time Planning Analytics client, has started implementing a financial planning solution to better plan, forecast and analyze the cash flow needs and improve reporting to the leadership team and Board of Directors. Supply chain planning for a global contract specialty manufacturer.

Forecasting 52

Forecasting Manufacturing Cost-Benefit Reporting 52

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

CIO Business Intelligence

DECEMBER 18, 2023

What do you forecast to be 2024’s top tech trends or emerging topics in the Middle East and what’s driving these trends? Use cases in areas such as customer service, financial reporting, content marketing, code development and others are being taken up by early adopters. will gain further momentum.

Cost-Benefit 110

Cost-Benefit Risk Strategy Manufacturing 110

Ontotext

APRIL 6, 2023

Manufacturing and Industry 4.0 For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. As we have seen, many leading auto part makers and car manufacturers use knowledge graphs to improve their operations. But the benefits of knowledge graphs don’t stop there.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

datapine

JUNE 5, 2019

Without the existence of dashboards and dashboard reporting practices, businesses would need to sift through colossal stacks of unstructured data, which is both inefficient and time-consuming. We’ll discuss the primary features or benefits of BI-powered dashboards in due course. The Top 10 Benefits Of Data Dashboards.

Dashboards 316

Dashboards KPI Sales Visualization 316

IBM Big Data Hub

JULY 26, 2023

Discover the current and emerging use cases for AI in waste management, optimization, energy reduction and ESG reporting. AI helps address this problem by combining aspects like demand forecasting, last – mile delivery , and routing optimization. Anomaly detection: Some manufacturers have zero-defect goals.

Optimization 73

Optimization Manufacturing Cost-Benefit Risk 73

Smart Data Collective

JANUARY 21, 2021

Many people don’t realize the countless benefits that big data has provided for the solar energy sector. In fact, the latest forecasting technology may be the missing puzzle piece in the widespread adoption of solar energy,” the authors write. We made a similar post about the benefits of big data for renewable energy.

Big Data 131

Big Data Cost-Benefit Data-driven Machine Learning 131

IBM Big Data Hub

DECEMBER 1, 2023

The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. An example is manufacturing industry software which includes MRP, or material requirements planning.

Enterprise 86

Enterprise Cost-Benefit Consulting Software 86

IBM Big Data Hub

FEBRUARY 14, 2024

Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps). More benefits from AI include building a more sustainable IT system and improving the continuous integration/continuous (CI/CD) delivery pipelines. See what’s ahead AI can assist with forecasting.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

Jet Global

JULY 8, 2020

Distribution is the often-forgotten little brother of manufacturing. Most people are interested in utilizing KPIs to improve their manufacturing efficiency. And, as a bonus, we will also explain how you can streamline your reporting process using distribution reporting solutions. How to Build Useful KPI Dashboards.

Metrics 52

Metrics Reporting KPI Key Performance Indicator 52

Jet Global

NOVEMBER 30, 2020

ERP vendors often claim that their software will help customers achieve significant cost savings. While there is a lot of truth to that statement, it is often the case that the biggest cost savings opportunities arise well after a new ERP system has been implemented. The company decided to take a closer look at material costs.

Enterprise 52

Enterprise Finance Cost-Benefit Forecasting 52

datapine

JANUARY 18, 2023

Table of Contents 1) What Is The Report Definition? 2) Top 14 Types Of Reports 3) What Does A Report Look Like? Businesses have been producing reports since, forever. This presents a problem for many modern organizations today as building reports can take from hours to days. What Is The Report Definition?

Reporting 201

Reporting Metrics Dashboards Visualization 201

CIO Business Intelligence

MAY 23, 2023

Our goal will be to achieve this multi-cloud strategy in a way that is cost-neutral to customers, while allowing them to choose where they want to run applications or workloads. That’s what this is all about – ensuring customer choice and flexibility in managing their data and workloads. To learn more, visit Broadcom.

Uncertainty 145

Uncertainty Cost-Benefit Risk Technology 145

FineReport

APRIL 26, 2023

Cost Savings : Big data tools such as FineReport , Hadoop, Spark, and Apache can assist businesses in saving costs by storing and handling huge amounts of data more efficiently. For example, a computer manufacturing company could develop new models or add features to products that are in high demand.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Smart Data Collective

FEBRUARY 2, 2021

For businesses, the advent of Big Data offers several key benefits, including helping them with customer acquisition, lead generation, targeted marketing campaigns, identifying potential opportunities and challenges , and creating new products based on the needs of the market. The post What Are the Industries That Benefit Most from Big Data?

Big Data 84

Big Data Recreation/Entertainment Cost-Benefit Finance 84

Jet Global

APRIL 24, 2020

Pharmaceutical companies are facing congressional and regulatory pressure to cut costs and lower prices, while also struggling with dwindling innovation models and decreased profitability. They face radical healthcare reforms that affect drug trials, sales, pricing, and manufacturing. Pharma’s Unique Struggle. Sustaining profits.

Management 64

Management Finance Cost-Benefit Sales 64

CIO Business Intelligence

APRIL 28, 2022

Or how European PVC manufacturer Kem One within months was able to migrate its previous two-data-center infrastructure to public cloud with VMware Cloud on AWS with less than 15 minutes of downtime for its 900 SAP ERP users.

Cost-Benefit 52

Cost-Benefit Manufacturing Forecasting Marketing 52

IBM Big Data Hub

MARCH 14, 2024

Apple was one of the first manufacturers to test the appetite for 5G in 2020 by offering its newest iPhone with 5G compatibility. Today, 45% of networks worldwide are 5G compatible, with that number forecasted to rise to 85% by the end of the decade according to a recent report by Ericsson (link resides outside ibm.com).

Technology 60

Technology IoT Cost-Benefit Internet of Things 60

IBM Big Data Hub

JULY 19, 2023

Yet, it is burdened by long R&D cycles and labor-intensive clinical, manufacturing and compliancy regimens. The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery.

Consulting 59

Consulting Machine Learning Manufacturing Optimization 59

Smart Data Collective

JANUARY 19, 2021

We typically think about the merits of AI in the context of marketing, manufacturing, financial reporting and customer service management. In order to appreciate the benefits of AI-driven employee monitoring applications, you need to outline your objectives. They spent $39.9 billion last year. Accelerate Real Performance.

Software 82

Software Data-driven Cost-Benefit Reporting 82

Sisense

FEBRUARY 1, 2021

The CAD component includes product prototypes and models based on actual parts’ manufacturing instructions. An equipment manufacturer can improve product development and productivity by sharing product data with suppliers and marketing teams. PDM often releases product CAD files to manufacturing. Important benefits of PDM.

Management 52

Management Analytics Manufacturing Cost-Benefit 52

CIO Business Intelligence

FEBRUARY 24, 2023

VMware Tanzu Labs partners with organizations worldwide to accelerate the delivery of software and modernize legacy apps, while reducing operating costs and risk working side by side with customers to build capabilities, transfer skills and knowledge, and instill a process that shows immediate and lasting impact.

Software 119

Software Uncertainty Risk Cost-Benefit 119

IBM Big Data Hub

MARCH 18, 2024

Inexhaustible supply One of the main benefits of renewable energy sources like the sun, wind and water is that they will never run out. In contrast, non-renewable resources are not only finite, but cost more as their availability declines and require more extreme extraction methods with greater environmental impacts.

Cost-Benefit 17

Cost-Benefit Forecasting Manufacturing Optimization 17

Cloudera

NOVEMBER 12, 2020

Cloud has given us hope, with public clouds at our disposal we now have virtually infinite resources, but they come at a different cost – using the cloud means we may be creating yet another series of silos, which also creates unmeasurable new risks in security and traceability of our data. A solution.

Data Warehouse 105

Data Warehouse Reporting Risk Cost-Benefit 105

Data Insight

OCTOBER 27, 2021

And if we don’t utilise our data effectively, it simply becomes a cost instead of a strategic resource. Manufacturing: Forecasting expected demand, process automation, precision cutting, analysis of IoT data. The benefits of AI for businesses. Getting started with AI.

Machine Learning 52

Machine Learning Insurance Cost-Benefit Unstructured Data 52

Jet Global

NOVEMBER 14, 2022

The purpose of transfer pricing is to ensure that each company in a group earns a fair return on its investment, taking into account risk and the cost of capital. There are two methods commonly used to price intercompany transactions: the cost-plus method and the market price method. Cost Based Transfer Pricing. Download Now.

Cost-Benefit 52

Cost-Benefit Risk Marketing Sales 52

IBM Big Data Hub

FEBRUARY 13, 2024

It assists in structural optimization which ensures that products are strong, durable and use minimal material, leading to considerable cost reductions. To have the greatest impact, generative design must be integrated throughout the product development cycle, from the initial concept to manufacturing and procurement.

Enterprise 118

Enterprise Modeling Testing Data-driven 118

CIO Business Intelligence

FEBRUARY 13, 2023

Multi-cloud, however, is not just mission-effective, but cost-effective as well, allowing federal agencies the freedom to shop around to determine the best and most transparent fit for their own environments. Securities Act of 1933, as amended.

IT 59

IT Uncertainty Sales Risk 59

CIO Business Intelligence

OCTOBER 31, 2022

We agreed multi-cloud solutions meet this need, ultimately improving performance and strengthening resilience at a lower cost. We discussed the increasing need for financial institutions to adopt innovative solutions and ensure legacy infrastructure is efficient and secure. Securities Act of 1933, as amended.

Uncertainty 97

Uncertainty Risk Reporting Marketing 97

datapine

FEBRUARY 9, 2024

Explore our 14-days free trial & benefit from great KPI analysis today! Ironically, many cost-minded professionals prefer KPIs that seem more direct, such as financial goals. Empower you to work with and customize the KPIs that will benefit your orgaization the most by organizing your data in a neat and clear way.

KPI 221

KPI Management Key Performance Indicator Measurement 221

Sisense

OCTOBER 29, 2020

Meanwhile, “Science” magazine reported that introducing even just a small number of AVs onto the roads could improve overall traffic flow and reduce trip times. In fact, according to forecasts by Western Digital, the storage capacity per vehicle could amount to 11 terabytes by 2030. A call for collaboration. Meanwhile, U.S.

Machine Learning 90

Machine Learning Data Collection Cost-Benefit Advertising 90

O'Reilly on Data

JULY 28, 2020

Many companies face a problem that’s even worse: no one knows which levers contribute to the metrics that impact business outcomes, or which metrics are important to the company (such as those reported to Wall Street by publicly-traded companies). Here, A/B testing has another benefit: the ability to run champion/challenger model evaluations.

Marketing 362

Marketing Experimentation Metrics Testing 362

datapine

JULY 6, 2022

Productivity can be measured in many different ways and at different levels, from the raw industrial output of an asset in a manufacturing facility to the specific individual sales performance of a vendor. Professionals in human resources, management, customer service and more can all benefit from the data in their productivity metrics.

Measurement 243

Measurement Metrics KPI Sales 243

CIO Business Intelligence

SEPTEMBER 7, 2023

Supply chains perform a series of actions starting with product design and proceeding to procurement, manufacturing, distribution, delivery, and customer service. “At The first is forecasting, where AI is used to make predictions about downstream demand or upstream shortages. The same is true for other kinds of products.

Management 138

Management Forecasting Manufacturing Cost-Benefit 138