article thumbnail

Perform time series forecasting using Amazon Redshift ML and Amazon Forecast

AWS Big Data

Many businesses use different software tools to analyze historical data and past patterns to forecast future demand and trends to make more accurate financial, marketing, and operational decisions. Forecasting acts as a planning tool to help enterprises prepare for the uncertainty that can occur in the future.

article thumbnail

Predictive Analytics Drives Criminal Justice Reform with Recidivism Forecasting

Smart Data Collective

National Institute of Justice’s (NIJ) “ Recidivism Forecasting Challenge ” (the Challenge) aims to increase public safety and improve the fair administration of justice across the United States. NIJ will evaluate all entries on how accurately they forecast the outcome of recidivism. In accordance with priorities set by the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Zero-Based Budgeting: Zero in on the Money

Jedox

In 2018, Accenture Strategy published a broad-based study on “Zero Based Thinking” The results were impressive: among the world’s 85 largest global companies, zero-based budgeting grew exponentially at a rate of 57 percent per year from 2013 to 2017. The companies include Kraft Heinz Co.,

Finance 84
article thumbnail

These Bitcoin Platforms Are Using Big Data To Redefine Cryptotrading

Smart Data Collective

during the forecast period. Launching in 2013, CoinMama has a significant amount of experience over some of the other top bitcoin trading sites on our list. It also launched in 2013 but offers loads more than CoinMama. billion by 2025 at a CAGR of 31.3% Many trading platforms have taken their analysis to heart.

article thumbnail

Powering a low-carbon digital Thailand

CIO Business Intelligence

According to a joint forecast by the Office of the National Digital Economy and Society Commission (ONDE), TIME Consulting, and Huawei, the 5G-empowered economy will reach THB2.3 It will not only reshape people’s lives, but also transform industries and even reimagine how societies operate globally.

article thumbnail

Delivering More Impactful Insights From Your Cloud Data

Sisense

As a result, many organizations are able to join external data to their own data in real time to forecast business impacts, predict supply and demand , apply models, and aggregate to predict the spread of the virus. In short, cloud data warehouses and BI platforms have revolutionized the way organizations share and use data.

article thumbnail

Ontotext’s Perspective on an Energy Knowledge Graph

Ontotext

In compliance with the EU market transparency regulation (( Regulation EU No 5 43/2013 of 14 June 2013 on submission and publication of data in electricity markets ), ENTSO-E is doing a great job of collecting electricity market data (generation, transmission, consumption, balancing, congestion, outages, etc.) c and 14.2.c.