IBM Big Data Hub

DECEMBER 18, 2023

In today’s business environment, regardless of the product or service, leaders must develop a well-honed business strategy. A successful business strategy must clearly define an organization’s objectives, decision-making processes and long-term business goals.

Strategy 68

Strategy Cost-Benefit Consulting Marketing 68

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. Lacking a clear strategy determined by business objectives.

Optimization 109

Optimization Cost-Benefit Consulting Strategy 109

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. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 66

Strategy Cost-Benefit Key Performance Indicator Consulting 66

CIO Business Intelligence

NOVEMBER 18, 2022

To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). In this article, I’ll explore common cloud optimization and FinOps challenges and strategies for overcoming them. This strategy aligns well with the concept of a smart cloud.

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

Smart Data Collective

FEBRUARY 9, 2022

Luckily, there are a few analytics optimization strategies you can use to make life easy on your end. Exit based on strategies: Such plans can assist you in limiting losses as they inform the system when to stop trading. Helps you to determine areas of abnormal losses and profits to optimize your trading algorithm.

Visualization 133

Visualization Optimization Analytics Testing 133

IBM Big Data Hub

AUGUST 7, 2023

This article, part of the IBM and Pfizer’s series on the application of AI techniques to improve clinical trial performance, focuses on enrollment and real-time forecasting. To do so they require data, which is in no shortage. The challenges they encounter are understanding what data is indicative of site performance.

Optimization 55

Optimization Forecasting Data-driven Strategy 55

Occam's Razor

FEBRUARY 6, 2018

As you accumulate more experience in your career, you’ll discover there are a cluster of simple strategies you can follow to pretty ruthlessly eliminate the riffraff and focus on the critical view. This is a clever strategy, I think you are going to love it. Use whichever statistical strategies you prefer to find your outliers.

Strategy 263

Strategy Metrics KPI Dashboards 263

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. IT Strategy

Strategy 98

Strategy IT Cost-Benefit Finance 98

IBM Big Data Hub

NOVEMBER 30, 2023

Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.

Strategy 62

Strategy Cost-Benefit Consulting Data-driven 62

Smart Data Collective

OCTOBER 6, 2023

Data analytics technology has helped retail companies optimize their business models in a number of ways. In this article, we will explore the significance of managing seasonal fluctuations and the strategies businesses can implement. This underscores the importance of investing in predictive analytics technology to forecast sales.

Management 115

Management Analytics Predictive Analytics Cost-Benefit 115

IBM Big Data Hub

JUNE 20, 2023

Here’s what you need to know in order to build a successful strategy. We’ll go deeper into EAMs, the technologies underpinning them and their implications for asset lifecycle management strategy in another section. What is an asset? First, let’s talk about what an asset is and why they are so important.

Strategy 71

Strategy Management Cost-Benefit IoT 71

IBM Big Data Hub

JULY 25, 2023

This software, and the insights it provides, can help providers predict demand patterns, identify potential issues and optimize the distribution network. Optimizing your smart grid Smart grid technology has countless benefits, including increased grid efficiency and reliability and easy integration with renewable energy sources.

Optimization 56

Optimization Technology Measurement Cost-Benefit 56

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. This isn’t just valuable for the customer – it allows logistics companies to see patterns at play that can be used to optimize their delivery strategies.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

DataRobot

APRIL 26, 2021

Demand forecasting is a common Time Series use case in DataRobot. Using historical sales data, together with data related to product features, calendar of events, and economic indicators, we can produce forecasts of future demand. To improve the performance of such demand forecasting models, we can use several modeling techniques.

Forecasting 59

Forecasting Sales Data-driven Modeling 59

Cloudera

DECEMBER 20, 2022

With the right insights, energy production from renewable assets can be optimized and better predict the future of supply and demand. This scenario suggests that in the not too distant future, there will be a large “long-tail” of producers that will have to be taken into account for any production forecasting model.

Optimization 84

Optimization Data Analytics Analytics Cost-Benefit 84

FineReport

DECEMBER 9, 2021

Business intelligence strategy is seen as a roadmap designed to help companies measure their performance and strengthen their performance through architecture and solutions. Therefore, creating a successful BI strategy roadmap would have a great positive impact on organization efficiency. How to develop a smart BI strategy?

Strategy 98

Strategy Business Intelligence KPI Key Performance Indicator 98

CIO Business Intelligence

JUNE 3, 2024

As CIOs and CFOs try to find ways to confront the consequences, here are three key strategies to avoid cloud sticker shock: 1. The bottom line: CFOs and CIOs need fixed costs for easier budgeting and forecasting. Variable pricing models create leeway for runaway expenses considering the highly scalable nature of cloud technologies.

Cost-Benefit 97

Cost-Benefit Optimization ROI Strategy 97

CIO Business Intelligence

OCTOBER 16, 2023

According to Accenture , nearly 75% of companies have already integrated AI into their business strategies, and 42% said that the return on their AI initiatives exceeded their expectations (only 1% said the return didn’t meet expectations). While predictive AI certainly isn’t a new concept, it’s been seen as the little brother to GenAI.

Forecasting 137

Forecasting Machine Learning Software Data-driven 137

Smart Data Collective

MAY 22, 2019

Marketers can significantly benefit from using big data to optimize their strategies on visual social networks. The problem is not that big data can’t help marketers optimize their strategies on these visual social media platforms. Keyword analysis is another very important element of any marketing strategy.

Optimization 78

Optimization Marketing Big Data Machine Learning 78

Smarten

JUNE 14, 2023

GPT-4 has a capacity of more than 175 billion machine learning parameters, and can support many types of tasks, e.g., answering questions, providing machine translation, summarizing text, time series forecasting, etc. If we are to safely and securely optimize its potential, GPT must be managed as it evolves.

Optimization 52

Optimization IT Digital Transformation Consulting 52

Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Reputational management is another driver for boards to build tax planning into ERM strategies.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

CIO Business Intelligence

APRIL 11, 2024

The Kuwaiti government continues to push its digital agenda, in line with the Kuwait Vision 2035 and Kuwait 2040 Upstream Strategy. IDC forecasts annual spending on AI-centric systems worldwide will surpass 300 billion USD by 2026, while ICT spending in Kuwait will exceed 5.5 billion USD by 2024.

Technology 113

Technology Digital Transformation Forecasting Strategy 113

FineReport

JULY 26, 2021

When implemented effectively, a successful BI strategy will reach every corner of the organization, having a positive impact and enabling people to make the right decisions quickly. What is business intelligence strategy? At the same time, enterprises can use the BI strategy to gradually reach various business objectives.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

FineReport

JULY 26, 2021

When implemented effectively, a successful BI strategy will reach every corner of the organization, having a positive impact and enabling people to make the right decisions quickly. What is business intelligence strategy? At the same time, enterprises can use the BI strategy to gradually reach various business objectives.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

Jet Global

NOVEMBER 3, 2020

Being profitable and delivering the most value to shareholders starts with having a robust tax planning strategy that enables you to keep more of your hard-earned money while ensuring compliance with every tax district—and keeping your reputation intact. Unfortunately, when it comes to taxes, there are many moving parts to consider.

Strategy 84

Strategy Digital Transformation Software Cost-Benefit 84

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. A performance report is an analytical tool that offers a visual overview of how a business is performing in a specific strategy, project, or department.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

CIO Business Intelligence

MARCH 26, 2024

Medium to long-term strategy Analysts point out that while several tech companies are reducing their workforce, Dell is one of the few who has recorded weak financial performance. Significantly, this comes after Dell’s recent announcement of a stringent return-to-office policy. Fourth quarter revenue was down 11 percent year on year.

Uncertainty 117

Uncertainty Forecasting Optimization Consulting 117

datapine

OCTOBER 11, 2023

Every day, more and more businesses realize the value of analyzing their own performance to boost strategies and achieve their goals. Informed decision-making: The biggest benefit of using KPIs and metrics in your warehousing strategies is informed decision-making. Making the use of warehousing metrics a huge competitive advantage.

Metrics 217

Metrics KPI Management Cost-Benefit 217

CIO Business Intelligence

MARCH 18, 2024

Technology has a critical role to play in any organization’s social sustainability strategy. Sustainable supply chains and ecosystems: A growing number of firms use technology to incorporate suppliers into their sustainability strategy.

Manufacturing 117

Manufacturing Forecasting Technology Software 117

Cloudera

JANUARY 30, 2024

As we navigate the fourth and fifth industrial revolution, AI technologies are catalyzing a paradigm shift in how products are designed, produced, and optimized. Quality: Use cases like visual inspection, yield optimization, fault detection, and classification are enhanced with AI technologies.

Manufacturing 83

Manufacturing Contextual Data IoT Digital Transformation 83

CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. Webster Bank is following a similar strategy. At Eaton, for example, an AI-based sales forecasting tool has the potential to boost productivity dramatically.

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? Are there mitigation strategies that can be implemented successfully that could provide policy guidance and reasons for optimism in the face of ever increasing frequency of extreme weather events? Here is the link to Qlik’s BI Bake-Off video.

Optimization 52

Optimization Machine Learning Insurance Risk 52

CIO Business Intelligence

APRIL 5, 2022

First, Optimas is using data analytics internally for a number of functions, including material acquisition for manufacturing; forecasting of production and customer demand; improving efficiency and accuracy with ordering from suppliers; and managing its inventory. Another benefit is warehouse optimization.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

CIO Business Intelligence

DECEMBER 11, 2023

Now, it’s time to pay for it, and that’s putting a spotlight squarely on the chief financial officer (CFO), who has increasingly become the gatekeeper deciding which projects get funded and how significantly AI will play a role in enterprise strategy. For the CFOs at the center of that transformation, the stakes are higher than ever.

Finance 104

Finance Forecasting IoT Predictive Modeling 104

CIO Business Intelligence

JANUARY 19, 2024

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. You should also have experience with pattern detection, experimentation in business optimization techniques, and time-series forecasting.

Data Science 125

Data Science Machine Learning Predictive Modeling Experimentation 125

CIO Business Intelligence

JANUARY 15, 2024

Beyond boosting revenue, respondents gave plenty of other reasons to adopt AI in retail, including creating operational efficiencies (53% of respondents), improving the consumer experience (42%), improving decision making (37%), or yielding more accurate demand forecasting (21%).

Sales 104

Sales Software Forecasting Statistics 104

datapine

APRIL 12, 2023

A loyal, high-value repeat customer is worth more than a cheap sale, and by implementing the right strategy, setting the right goals, and working with the right KPIs, you will achieve the results you desire. But how do you calculate the impact of your promotional strategies? Keep reading to find out!

Sales 176

Sales KPI Metrics Cost-Benefit 176