Remove 2020 Remove Big Data Remove Forecasting Remove Optimization
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MRO spare parts optimization

IBM Big Data Hub

trillion, up from USD 864 billion in 2019 to 2020. Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0 2 Unless your demand forecasting is accurate, adopting a reactive approach might prove less efficient. Now, consider the just-in-case approach.

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Big Data Drives Office Productivity into Overdrive

Smart Data Collective

Big data is playing a massive role in countless industries. We recently interviewed many entrepreneurs to understand their big data priorities. Many offices are using big data to lift productivity. Many offices are using big data to lift productivity. Big Data is the Key to Office Productivity.

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Top 10 Big Data CRM Tools To Increase Business Sales

Smart Data Collective

Big data technology is incredibly important in modern business. One of the most important applications of big data is with building relationships with customers. These software tools rely on sophisticated big data algorithms and allow companies to boost their sales, business productivity and customer retention.

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Optimizing clinical trial site performance: A focus on three AI capabilities

IBM Big Data Hub

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. Efficient clinical trial site selection continues to be a prominent industry-wide challenge.

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Get Ready For These Six 2020 Business Intelligence Trends

Smart Data Collective

New technologies, especially those driven by artificial intelligence (or AI), are changing how businesses collect and extract usable insights from data. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade. New Avenues of Data Discovery.

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Can AI Slash the Costs of Accounting Errors in 2020?

Smart Data Collective

Machine learning is helping companies in every sector optimize their business models. Fortunately, new big data technology can address all of them. Big data has made creating custom accounting software easier than ever. The post Can AI Slash the Costs of Accounting Errors in 2020?

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Redefining clinical trials: Adopting AI for speed, volume and diversity

IBM Big Data Hub

For instance, the FDA released guidance in November 2020 titled, “Enhancing the diversity of clinical trial populations.” Optimize protocols using historical and synthetic data Complex and stringent protocols are notorious for delaying clinical trials and eroding patient engagement.