IBM Big Data Hub

MAY 17, 2024

To take one example, AI-facilitated tools like voice navigation promise to upend the way users fundamentally interact with a system. They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions.

B2B 66

B2B Interactive Optimization Forecasting 66

IBM Big Data Hub

JANUARY 9, 2024

This approach results in highly personalized customer interactions. This historic legislation represents the world’s inaugural comprehensive legal framework for artificial intelligence, categorizing AI systems into different risk levels (unacceptable risk, high risk and limited risk) and imposing corresponding obligations.

Data-driven 102

Data-driven Risk Modeling Marketing 102

O'Reilly on Data

JUNE 16, 2020

The quality of the decision is based on known information and an informed risk assessment, while chance involves hidden information and the stochasticity of the world. Consider risk not only in terms of likelihood but also in terms of the impact of your decisions. Forecasters and pollsters are aware of this deep challenge.

Uncertainty 273

Uncertainty Testing Risk Reporting 273

CIO Business Intelligence

MARCH 18, 2024

How technology is used for social sustainability Governance and ethical practices: Data security and privacy technologies are critical for good governance, particularly in our digital-first world where cybersecurity risks are on the rise. Learn more about the business case for social responsibility. IT Leadership

Manufacturing 102

Manufacturing Forecasting Technology Software 102

datapine

MAY 2, 2023

The rise of SaaS business intelligence tools is answering that need, providing a dynamic vessel for presenting and interacting with essential insights in a way that is digestible and accessible. In other words, UPS found that turning into oncoming traffic was causing a lot of delays, wasted fuel, and increased safety risk.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

datapine

JUNE 15, 2023

The new era of reporting is interactive and offers an insightful mix of real-time and historical insights. These tools take the reporting process one step further by offering an interactive view of a business’s most important key performance indicators (KPIs) all in one place. It is no longer enough to get a static view of the past.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

Corinium

JUNE 6, 2019

Regulations and compliance requirements, especially around pricing, risk selection, etc., How can advanced analytics be used to improve the accuracy of forecasting? The use of newer techniques, especially Machine Learning and Deep Learning, including RNNs and LSTMs, have high applicability in time series forecasting.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

Smart Data Collective

AUGUST 30, 2023

The study indicates that over one-third of non-PSA users are poised to transition to a PSA system within the next three years, aligning with forecasts that the PSA market will double during this period. They encourage improved cooperation and client interactions. Why Do Businesses Seek to Use PSA Systems?

Software 91

Software Technology Consulting Forecasting 91

Cloudera

AUGUST 3, 2021

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. Advanced analytics empower risk reduction . Digital Transformation is not without Risk.

Analytics 109

Analytics Digital Transformation Forecasting Risk 109

IBM Big Data Hub

DECEMBER 18, 2023

Weather forecasting As extreme weather events increase in intensity and frequency across the globe, planning and preparing for them is crucial for governments and organizations alike. More accurate forecasts use real-time data and digital maps to help companies better predict and respond to weather events, reducing impacts to operations.

Internet of Things 98

Internet of Things IoT Forecasting Visualization 98

CIO Business Intelligence

JUNE 26, 2023

Consumer banks can use digital interactions to gather more customer data and apply real-time analytics to expand services and speed up processes. Machine-managed risk Risk management is a top-of-mind issue for all financial services firms. If the trend continues, some experts believe branches could be all but gone by 2034.

Data-driven 90

Data-driven Insurance Risk Risk Management 90

CIO Business Intelligence

NOVEMBER 20, 2023

An AI system can gather data from customer relationship management software, social media profiles, email interactions, and purchase histories to identify the candidates most likely to convert. Hotels could dynamically adjust room rates based on traffic forecasts, weather conditions, and events in the area.

Sales 121

Sales Cost-Benefit Manufacturing Forecasting 121

CIO Business Intelligence

OCTOBER 23, 2023

“The ‘a-ha’ moment for me was when we suddenly changed the world of AI from an ecosystem of having 100,000 experts that can use it to having all of humanity that can speak human language interact with it,” said Dell’s Roese. That is the breakthrough…anybody who could interact with this could start thinking about the art of the possible.”

Sales 120

Sales Unstructured Data Interactive Marketing 120

CIO Business Intelligence

MAY 20, 2024

This knowledge, generated through observation, reflection, study, and social interaction, led to a new companywide policy: “Let the grinder warm up for 15 minutes,” resulting in millions of dollars of extra profit at no additional cost. Serendipitous interactions are important for creative, innovative, or nonformulaic activities.

Management 100

Management Interactive Measurement Marketing 100

Smarten

SEPTEMBER 28, 2022

Plan and forecast accurately.’. Predictive Analytics utilizes various techniques including association, correlation, clustering, regression, classification, forecasting and other statistical techniques. Businesses must control quality or risk losing customers and market share and exposing the enterprise to legal risk and liability.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

Cloudera

MARCH 2, 2022

Risk management is a highly dynamic discipline these days. Similarly, the European Central Bank is issuing stress testing requirements related to climate risk given the potential economic shifts related to addressing climate change. Stress testing is a particular area that has become even more important throughout the pandemic.

Testing 93

Testing Management Risk Management Forecasting 93

CIO Business Intelligence

SEPTEMBER 7, 2023

The second challenge is managing new risks, which stem primarily from the threat of misinformation. Since the consequence of failure is high, the defense industry must strike a deft balance between innovation and risk management. (more about this in my article about accelerating generative AI here ). billion by 2032.

Unstructured Data 96

Unstructured Data Cost-Benefit Risk Data-driven 96

Smart Data Collective

SEPTEMBER 28, 2021

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. Various firms are using machine-to-machine interaction to identify inbound attacks and send out automatic answers to cybercriminals.

IoT 132

IoT Internet of Things Cost-Benefit Consulting 132

CIO Business Intelligence

MARCH 15, 2023

growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda. Regardless of your company’s investment posture during this period of instability, interactions with the CFO have likely increased and become more consequential in the last few months.

Uncertainty 79

Uncertainty Cost-Benefit Forecasting Insurance 79

IBM Big Data Hub

FEBRUARY 20, 2024

Climate modeling consists of using datasets and complex calculations to represent the interactions between major climate system components—namely, the atmosphere, land surface, oceans and sea ice. The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts.

Modeling 115

Modeling Forecasting Reporting Risk 115

datapine

MARCH 31, 2022

For example, if you enjoy computer science, programming, and data but are too extroverted to program all day long, you could work in a more human-oriented area of intelligence for business, perhaps involving more face-to-face interactions than most programmers would encounter on the job. BI Data Scientist.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

IBM Big Data Hub

SEPTEMBER 21, 2022

Our teams relied heavily on his decades of expertise to help us plan and forecast strategically for the future. If there was ever an example of key-person risk, this was it. Not only did we mitigate the key-person risk, which is honestly all we wanted to do, but we gained so much more. A world without spreadsheets .

Analytics 56

Analytics Forecasting Risk Data-driven 56

CIO Business Intelligence

OCTOBER 3, 2023

Another research company, Mordor Intelligence, is forecasting annual CAGR of 19.8 They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. Gartner sees these inhibitors driving an annual 11.9 trillion by 2026.

Cost-Benefit 101

Cost-Benefit Machine Learning Interactive Software 101

IBM Big Data Hub

DECEMBER 4, 2023

It empowers businesses in their sales planning, budgeting and forecasting processes.   Adoption barriers  The steep learning curve associated with planning tools can restrict overall adoption and hinder their effective use in supporting budgeting, investments and forecasting planning. . 

Forecasting 49

Forecasting Finance Optimization Marketing 49

IBM Big Data Hub

FEBRUARY 13, 2024

The compact design and touch-based interactivity seemed like a leap into the future. Benefits include automatic task and subtask generation, leveraging historical project data to forecast timelines and requirements, note taking and risk prediction. Remember how cool it felt when you first held a smartphone in your hand?

Enterprise 120

Enterprise Modeling Testing Data-driven 120

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. Otherwise, the risks become too significant.

Enterprise 99

Enterprise ROI Risk Strategy 99

CIO Business Intelligence

JUNE 29, 2022

While in 2021, the global market for corporate predictive analytics was worth $10 billion, it is forecast to balloon to $28 billion by 2026. There is growing belief that businesses are set to spend huge amounts of money on predictive analytics. At this relatively early stage of adoption, many businesses are suffering from tough problems.

Predictive Analytics 130

Predictive Analytics Analytics Data-driven Forecasting 130

Smart Data Collective

SEPTEMBER 19, 2022

They can also anticipate industry trends, assess risks, and make strategic steps to elevate the customer experience. Improving Risk Assessment. Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. Forecasting Future Market Trends. Improving Security.

Big Data 129

Big Data ROI Measurement Risk 129

datapine

JANUARY 18, 2023

With this issue in mind, several BI tools have been developed to assist businesses in the generation of interactive reports with just a few clicks, enhancing the way companies make critical decisions and service insights from their most valuable data. Try our 14-day free trial & start building interactive reports today!

Reporting 201

Reporting Metrics Dashboards Visualization 201

FineReport

APRIL 9, 2024

Through interactive dashboards , these tools empower users across various departments to access and interpret data effectively. By leveraging advanced analytics capabilities, businesses can uncover hidden opportunities and potential risks within their datasets, allowing them to proactively address challenges and capitalize on emerging trends.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

John Wheeler

MARCH 6, 2019

It has been 5 years since Gartner embarked on the journey to enhance our coverage of the risk management technology marketplace. That journey included in-depth survey research and countless interactions with our end-user clients to understand their need to better manage strategic, operational and IT/cybersecurity risks.

Risk Management 77

Risk Management Risk Data-driven Marketing 77

O'Reilly on Data

NOVEMBER 28, 2023

Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. We’re not encouraging skepticism or fear, but companies should start AI products with a clear understanding of the risks, especially those risks that are specific to AI.

Enterprise 267

Enterprise Modeling Testing Reporting 267

Jet Global

JANUARY 4, 2021

Effective cooperation should now be taking place in two ways: via shared data pools and via collaborative interaction across departments and geographies. Planners began to integrate functional and departmental plans into their own forecasts. Planners began tying operational plans and scenario planning together for better forecasts.

Forecasting 98

Forecasting Finance Testing Sales 98

CIO Business Intelligence

APRIL 7, 2023

Finding the right, fit-for-use GenAI model for enterprises is the key to mitigating its risks, dispelling concerns and ushering in GenAI’s mainstream adoption in the enterprise world. Overcoming GenAI challenges holds epic potential for enterprises.

Enterprise 101

Enterprise Cost-Benefit Modeling Digital Transformation 101

datapine

NOVEMBER 27, 2019

Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. Then, calculations will be run and come back to you with growth/trends/forecast, value driver, key segments correlations, anomalies, and what-if analysis. Data exploded and became big.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

O'Reilly on Data

MAY 27, 2020

His system was needed because “beginning teachers and librarians” were less expert at “forecasting comprehension rates” than the algorithm was. The report has pages of careful caveats, but in the end it treats these risk-adjusted ratios as a good measure of a surgeon’s performance. Credit scores.

Risk 355

Risk Testing Reporting Measurement 355

datapine

OCTOBER 21, 2020

If you put on too many workers, you run the risk of having unnecessary labor costs add up. All this vital information can be coupled with other trackable data to identify potential health risks lurking. Chronic insomnia and an elevated heart rate can signal a risk for future heart disease for instance. on a permanent basis.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364