IBM Big Data Hub

MARCH 29, 2024

A balanced transition between old and new systems The demand to fulfill existing long-term contracts and an abundance of new demands for industrial electrification pose new challenges to grid management. Finding the right balance requires load forecasting and simulation to prevent net congestion.

Management 64

Management Optimization Strategy Risk Management 64

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 80

Cost-Benefit Scorecard Risk Recreation/Entertainment 80

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. One of the benefits is by making DevOps easier to optimize. Why Do Businesses Seek to Use PSA Systems?

Software 91

Software Technology Consulting Forecasting 91

John Wheeler

AUGUST 18, 2020

This month, we continue our “20 for 20” theme by highlighting the top 20 “most read” research publications in our integrated risk management (IRM) compendium. Magic Quadrant for Integrated Risk Management, 2018. Magic Quadrant for Integrated Risk Management Solutions, 2019.

Risk Management 52

Risk Management Risk Snapshot Forecasting 52

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. A retail company experiences a sudden surge in online sales due to a viral social media campaign.

Key Performance Indicator 77

Key Performance Indicator Forecasting Data Integration Sales 77

bridgei2i

APRIL 23, 2020

The banking sector globally is definitely going to see impact, some more grave than the others and most of them are announcing short to mid term measure both from a customer and business risk mitigation standpoint. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red.

Risk 52

Risk Management Scorecard Forecasting 52

IBM Big Data Hub

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. In addition to enhanced decision-making, flexibility and visibility, analytics engines paired with AI can help manage supplier risk.

Strategy 97

Strategy Technology Cost-Benefit Risk Management 97

IBM Big Data Hub

MAY 17, 2024

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. But as businesses around the globe rapidly adopt the technology to augment processes from merchandising to order management, there is some risk.

B2B 66

B2B Interactive Optimization Forecasting 66

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos. to total $678.8

Strategy 93

Strategy Cost-Benefit Risk Optimization 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 104

Unstructured Data Cost-Benefit Risk Data-driven 104

IBM Big Data Hub

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. Business process management examples BPM can help improve overall business operations by optimizing various business processes.

Management 55

Management Cost-Benefit Metrics Consulting 55

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. There are IoT solutions that can assist them in collecting data and performing analytics for inventory management. l Improved Risk Management.

IoT 133

IoT Internet of Things Cost-Benefit Consulting 133

CIO Business Intelligence

MAY 9, 2022

Holistic, multi-dimensional collaboration delivers the highest total value, considering cost, speed, risk, quality, and overall customer experience. It includes order collaboration, forecast, capacity, inventory, quality, and cost collaboration with suppliers. Better risk management and control.

Cost-Benefit 80

Cost-Benefit Forecasting Risk Management Risk 80

IBM Big Data Hub

FEBRUARY 13, 2024

Product development : Generative AI is increasingly utilized by product designers for optimizing design concepts on a large scale. It assists in structural optimization which ensures that products are strong, durable and use minimal material, leading to considerable cost reductions.

Enterprise 120

Enterprise Modeling Testing Data-driven 120

DataRobot Blog

SEPTEMBER 13, 2022

They develop and continuously optimize AI/ML models , collaborating with stakeholders across the enterprise to inform decisions that drive strategic business value. Automation also makes AI-driven forecast models possible at scale, which further minimizes your costs by accurately forecasting demand. Operationalization.

Forecasting 52

Forecasting Data-driven Machine Learning Optimization 52

CIO Business Intelligence

JANUARY 26, 2023

The tool is part of NetApp’s Spot constellation for cloud management and is responsible for cost management by tracking standard spending events, such as consumption, forecasting, and the rightsizing of instances. Densify’s optimizers focus on cloud resources such as instances, Kubernetes clusters, and VMware machines.

Management 113

Management Forecasting Dashboards Optimization 113

FineReport

APRIL 9, 2024

These benefits include enhanced operational efficiency through streamlined processes and optimized resource allocation. 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

Ontotext

APRIL 6, 2023

More and more companies are using them to improve a variety of tasks from product range specification and risk analysis to supporting self-driving cars. This allows companies to model and optimize the interactions between the various computers that make a car run, ensuring everything is operating in sync to meet the desired specifications.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Strategy 67

Strategy Cost-Benefit Key Performance Indicator Consulting 67

bridgei2i

MAY 17, 2021

In addition, it can counter the various pitfalls in profiling customers and credit scoring and reducing the supply chain’s potential risks. It helps to legitimize a new customer applying for credit, select the right credit product, and optimize a credit check. AI And Risk Management. billion by 2026.

Finance 52

Finance Risk Management Unstructured Data Cost-Benefit 52

AWS Big Data

FEBRUARY 13, 2023

As trusted advisors to card networks and Fortune 500 companies, we are known for our expertise in the areas of transaction risk management, chargeback mitigation, fraud prevention, and dispute intelligence. Chargebacks are costing merchants up to 40% of their overall revenue if left unchecked.

Dashboards 52

Dashboards Risk Management Forecasting Risk 52

Cloudera

SEPTEMBER 7, 2023

But it’s also fraught with risk. This June, for example, the European Union (EU) passed the world’s first regulatory framework for AI, the AI Act , which categorizes AI applications into “banned practices,” “high-risk systems,” and “other AI systems,” with stringent assessment requirements for “high-risk” AI systems.

Insurance 81

Insurance Risk Data-driven Finance 81

DataRobot Blog

JUNE 1, 2022

Learn how the McLaren Formula 1 Team is delivering AI-powered predictions and insights to maximize performance and optimize simulations. Dive into AI-powered forecasting, code first AI, aligning to a model risk management framework, and leveraging differentiated geospatial data for location AI.

Machine Learning 119

Machine Learning Data-driven Risk Management Risk 119

CIO Business Intelligence

APRIL 12, 2022

This takes the sensors closer to the actual goods and improves the quality and adds to the total amount of data, which ultimately enables everyone in the supply chain to make better decisions, so waste is reduced and processes are optimized.”. Traditional supply chain analytics and decision-making focused on risk avoidance and control.

IoT 103

IoT Analytics Manufacturing Cost-Benefit 103

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Predictive analytics: Forecasting likely outcomes based on patterns and trends to facilitate proactive decision-making. SQL manages and retrieves data from databases, handling larger datasets.

Statistics 52

Statistics Data mining Visualization Reporting 52

Jet Global

JANUARY 11, 2021

There are obviously some core functions associated with the CFO position, such as producing clear, accurate financial statements, attending to cash flow and the efficient use of working capital , risk management, responsibility for tax and compliance , and ensuring that the necessary internal controls are in place.

Analytics 75

Analytics Key Performance Indicator Finance Risk Management 75

CIO Business Intelligence

APRIL 15, 2024

A smaller number (16% of IT leaders and 11% of LOB) sought out CIO consultation to help evaluate and advise on choices using a risk management or governance lens. Foundry / CIO.com In addition to optimization and innovation work, cyber security remains a top concern.

Digital Transformation 124

Digital Transformation Strategy Technology Enterprise 124

bridgei2i

JULY 15, 2020

Given the complexity of supply chains, the sheer lack of end-to-end visibility makes it difficult to control and tweak the right levers for risk mitigation and efficiency improvement. In the wake of this situation, companies that have protocols related to risk management and agility in management decisions are primed for success.

Testing 52

Testing KPI Risk Management Measurement 52

bridgei2i

APRIL 29, 2020

Given the complexity of supply chains, the sheer lack of end-to-end visibility makes it difficult to control and tweak the right levers for risk mitigation and efficiency improvement. In the wake of this situation, companies that have protocols related to risk management and agility in management decisions are primed for success.

KPI 52

KPI Risk Management Measurement Forecasting 52

IBM Big Data Hub

JULY 27, 2023

By analyzing asset data, companies can identify inefficiencies, uncover cost-saving opportunities and make more accurate budget forecasts. Inventory management : Managing an inventory of spare parts and materials is a significant challenge for oil and gas companies. It can also significantly increase uptime and lifespan.

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

BizAcuity

MARCH 31, 2022

85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: Marketers also have access to several AI softwares to save time and optimize their work at every step of the funnel. Integrating IoT and route optimization are two other important places that use AI. Source: PwC).

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Jet Global

APRIL 5, 2021

Executives typically use financial models to make decisions regarding: Budgeting and forecasting. Risk management. That means the FP&As are the people creating the budget and performing financial forecasting to help the CFO and other members of senior management understand the company’s financial situation.

Modeling 98

Modeling Forecasting Metrics Finance 98

Smarten

MAY 17, 2019

If you can easily integrate data from sources outside the business, you can provide a more comprehensive picture for predicting and forecasting results and anticipating the needs of the market. Maintenance Management. Marketing Optimization. Product and Service Cross-Sell and Upsell. Customer Churn. Fraud Mitigation.

Predictive Analytics 58

Predictive Analytics Analytics Predictive Modeling Risk Management 58

Jet Global

AUGUST 20, 2019

The key to achieving stability and predictability is to have the right processes and technology in place to help you manage and forecast your cash flow. How BI Can Help to Better Manage Your Cash Flow. Below are some specific examples of how BI is helping businesses around the world better manage their cash inflows and outflows.

Forecasting 68

Forecasting Business Intelligence Reporting Software 68

Smart Data Collective

FEBRUARY 20, 2022

During this process, you need to analyze your data assets, categorize and prioritize them, conduct a risk assessment, and establish appropriate monitoring and response techniques. There are several recommendations for optimizing the costs of maintaining a DAM system. DAM market trends and forecasts.

Behavioral Analytics 115

Behavioral Analytics Risk Machine Learning Interactive 115

Jet Global

NOVEMBER 15, 2021

For an organization to be successful in their tax function, they need to evaluate the performance of their tax function using a variety of KPIs and metrics, ranging from traditional KPIs such as effective tax rate, filing timelines, financial risk management, etc.; KPIs for Tax Departments – Tax Risk. Download Now.

Metrics 52

Metrics Reporting KPI Risk Management 52

Jet Global

JULY 28, 2023

Across Europe, the Middle East, and Africa (EMEA), organizations have transitioned from optimism to pragmatism post-COVID-19, preparing for potential recession while emphasizing digitization and resilience to navigate global market trends. This is particularly worrying given the increasing layers of global finance regulation.

Finance 52

Finance Uncertainty Reporting Forecasting 52