IBM Big Data Hub

MAY 1, 2024

AI tools help users address queries and resolve alerts by using supply chain data, and natural language processing helps analysts access inventory, order and shipment data for decision-making. From demand forecasting to route optimization, inventory management and risk mitigation, the applications of generative AI are limitless.

Forecasting 78

Forecasting Optimization Digital Transformation Risk 78

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy.

Big Data 80

Big Data Uncertainty Risk Data mining 80

CIO Business Intelligence

DECEMBER 11, 2023

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. It will strengthen and improve the veracity of financial data, and, most importantly, it will help CFOs take a more active role in value creation. AI will impact how the work gets done.

Finance 104

Finance Forecasting IoT Predictive Modeling 104

CIO Business Intelligence

OCTOBER 16, 2023

Predictive AI uses advanced algorithms based on historical data patterns and existing information to forecast outcomes to predict customer preferences and market trends — providing valuable insights for decision-making. It leverages techniques to learn patterns and distributions from existing data and generate new samples.

Forecasting 137

Forecasting Machine Learning Software Data-driven 137

IBM Big Data Hub

JANUARY 22, 2024

Data centers are undergoing significant evolution. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective.

Data-driven 100

Data-driven Forecasting Consulting Marketing 100

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. Retailers and manufacturers that incorporate AI in supply chain management greatly enhance their ability to forecast demand, manage inventory, and optimize price.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. PODCAST: COVID 19 | Redefining Digital Enterprises. Management.

Risk Management 128

Risk Management Risk Enterprise Management 128

CIO Business Intelligence

OCTOBER 2, 2024

While this leads to efficiency, it also raises questions about transparency and data usage. Data governance Strong data governance is the foundation of any successful AI strategy. This includes regular audits to guarantee data quality and security throughout the AI lifecycle.

Gap analysis 117

Gap analysis Risk Manufacturing Data Governance 117

Jet Global

APRIL 27, 2020

Any company worth its salt uses financial modeling to guide its financial planning and strategic decision-making. Financial modeling offers data-driven, quantitative analysis that tells you where your company stands and where it’s heading. But one model can’t do it all. What Is Financial Modeling?

Modeling 72

Modeling Forecasting Finance Visualization 72

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 137

IT Risk Cost-Benefit Risk Management 137

IBM Big Data Hub

SEPTEMBER 6, 2023

While organizations gather data and undergo detailed reviews to craft a budget, the market doesn’t stand still. Why budgeting feels like a marathon Just like marathon training takes months of preparation, crafting a budget involves a lot of data collection, metrics analysis, resource allocation and collaboration.

Forecasting 82

Forecasting Marketing Sales Risk 82

datapine

MAY 2, 2023

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. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

JULY 18, 2022

The 3% increase in total IT spending represents slower growth than in 2021, as the economy as a whole and the IT sector in particular began to recover from the effects of the pandemic, and growth will largely be driven by cloud services and the data center, Gartner said. Cloud Computing, Data Center, Technology Industry

IT 144

IT Uncertainty Data-driven Sales 144

DataRobot

OCTOBER 19, 2021

Many available forecasts provide less than four weeks notice at the state and county level. Additionally, these forecasts often miss surges in community transmission until it is too late to change course. Traditional predictive models do not account for anomaly detection on data reporting issues (e.g.,

Forecasting 98

Forecasting Predictive Modeling Optimization Testing 98

CIO Business Intelligence

SEPTEMBER 7, 2023

That’s why, around the world, governments and the defense industry as a whole are now investing and exploring generative artificial intelligence (AI), or large language models (LLMs), to better understand what’s possible. The second challenge is managing new risks, which stem primarily from the threat of misinformation.

Unstructured Data 117

Unstructured Data Cost-Benefit Risk Data-driven 117

CIO Business Intelligence

JUNE 6, 2024

When used well, genAI has the potential to deliver meaningful societal impact and at the same time transform businesses towards more purpose-driven objectives. By integrating AI-driven information technology (IT) and operational technology (OT), it is improving patient care worldwide while addressing cost pressures and staff shortages.

Cost-Benefit 94

Cost-Benefit IT Data-driven Digital Transformation 94

Smart Data Collective

JULY 9, 2021

Fortunately, new advances in big data technology are helping companies get better qualified workers. Data analytics technology is very important in assessing the performance of staffing services. Companies can use data analytics to improve their hiring processes. What Are the Benefits of Data Analytics in Staffing?

Data Analytics 125

Data Analytics Management Analytics Big Data 125

Cloudera

AUGUST 3, 2021

In summary, predicting future supply chain demands using last year’s data, just doesn’t work. Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed.

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

Corinium

JUNE 6, 2019

Are you seeing currently any specific issues in the Insurance industry that should concern Chief Data & Analytics Officers? Lack of clear, unified, and scaled data engineering expertise to enable the power of AI at enterprise scale. Regulations and compliance requirements, especially around pricing, risk selection, etc.,

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

IBM Big Data Hub

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Data integration and analytics IBP relies on the integration of data from different sources and systems.

Key Performance Indicator 76

Key Performance Indicator Forecasting Sales Data Integration 76

CIO Business Intelligence

APRIL 5, 2022

For some, leveraging data and analytics tools is proving to be an effective way to address the challenges. Here’s how three organizations are succeeding at using data analytics to improve supply chain operations. Supply chain woes continue to plague organizations around the world and in virtually all sectors.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

O'Reilly on Data

JULY 28, 2020

It’s often difficult for businesses without a mature data or machine learning practice to define and agree on metrics. Fair warning: if the business lacks metrics, it probably also lacks discipline about data infrastructure, collection, governance, and much more.) Agreeing on metrics. Fault Tolerant Versus Fault Intolerant AI Problems.

Marketing 363

Marketing Experimentation Metrics Testing 363

IBM Big Data Hub

FEBRUARY 13, 2024

Demystifying generative AI At the heart of Generative AI lie massive databases of texts, images, code and other data types. This data is fed into generational models, and there are a few to choose from, each developed to excel at a specific task. Imagine training a generative AI model on a dataset of only romance novels.

Enterprise 118

Enterprise Testing Modeling Data-driven 118

Smart Data Collective

OCTOBER 8, 2020

The University of Hawaii reports that big data is shaking up the venture capital industry in unbelievable ways. Venture capitalists are finding new ways to leverage alternative data effectively for much higher yields. Big data plays a role in shifting the risk-reward calculus in the favor of venture capitalists.

Big Data 128

Big Data Machine Learning Forecasting Data-driven 128

CIO Business Intelligence

APRIL 29, 2024

We expect capital expenditures to increase materially on a sequential basis driven by cloud and AI infrastructure investments,” Hood said. GitHub Copilot is still using a much smaller model,” Patel said. AWS and Google both have capacity issues as well. Microsoft is not unique,” said Semianalysis’ Patel.

Enterprise 104

Enterprise Data Processing Forecasting Modeling 104

Cloudera

MARCH 2, 2018

If you do an internet search for ‘data-driven disruption’ you can find articles about almost every industry being disrupted by digitalisation and new applications of data. While there are instances of data-driven efforts in the nonprofit sector, they are not as widespread as they can be.

Data-driven 44

Data-driven Prescriptive Analytics Descriptive Analytics Machine Learning 44

DataKitchen

DECEMBER 9, 2022

ChatGPT> DataOps, or data operations, is a set of practices and technologies that organizations use to improve the speed, quality, and reliability of their data analytics processes. The goal of DataOps is to help organizations make better use of their data to drive business decisions and improve outcomes.

Machine Learning 130

Machine Learning Data-driven Optimization Data Analytics 130

Octopai

JUNE 9, 2024

In today’s data-centric world, organizations often tout data as their most valuable asset. However, many struggle to maintain reliable, trustworthy data amidst complex, evolving environments. This challenge is especially critical for executives responsible for data strategy and operations.

IT 52

IT Data-driven Predictive Analytics Metadata 52

IBM Big Data Hub

FEBRUARY 20, 2024

Climate models provide answers Human activities precipitated changes to the Earth’s climate in the 20th century and will largely determine the future climate. Global climate models have given climate scientists a set of expectations as to what the future could hold, both for the Earth at large and for specific regions.

Modeling 113

Modeling Forecasting Reporting Risk 113

IBM Big Data Hub

MAY 17, 2024

Poorly run implementations of traditional or generative AI in commerce—such as models trained on inadequate or inappropriate data—lead to bad experiences that alienate consumers and businesses. This includes trust in the data, the security, the brand and the people behind the AI.

B2B 64

B2B Interactive Optimization Forecasting 64

DataRobot Blog

OCTOBER 18, 2022

Organizations are looking for AI platforms that drive efficiency, scalability, and best practices, trends that were very clear at Big Data & AI Toronto. DataRobot Booth at Big Data & AI Toronto 2022. Monitoring and Managing AI Projects with Model Observability.

Big Data 96

Big Data Forecasting Experimentation Metrics 96

Smarten

SEPTEMBER 28, 2022

Gartner has predicted that, ‘Overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’ Predictive analytics uses sophisticated analytical methodologies to predict future outcomes based on historical data. Plan and forecast accurately.’. Customer Churn.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

DataRobot Blog

AUGUST 10, 2022

Change is happening fast across the NHS with the focus squarely on harnessing the huge amount of data the NHS generates — to drive forward the transformation programmes needed to address the backlog for elective care and growing demands for services. Resetting urgent care performance and delivery.

Forecasting 52

Forecasting Data-driven Experimentation Risk 52

IBM Big Data Hub

DECEMBER 4, 2023

This approach empowers organizations to utilize data-driven analytics, artificial intelligence (AI) and automation to make well-informed decisions swiftly and accurately, enabling them to navigate the complexities of the modern marketplace with agility and precision.     This is where autonomous planning shines.

Forecasting 48

Forecasting Finance Optimization Marketing 48

Jedox

APRIL 10, 2019

When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. This approach meant they avoided the risk of waiting 6-12 months to get any result. It was low-risk and required minimal training.

Digital Transformation 43

Digital Transformation Risk Finance Sales 43

datapine

MARCH 31, 2022

Does data excite, inspire, or even amaze you? Despite these findings, the undeniable value of intelligence for business, and the incredible demand for BI skills, there is a severe shortage of BI-based data professionals – with a shortfall of 1.5 2) Top 10 Necessary BI Skills. 3) What Are the First Steps To Getting Started?

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239