Remove 2020 Remove Forecasting Remove Prescriptive Analytics Remove Risk
article thumbnail

MRO spare parts optimization

IBM Big Data Hub

trillion, up from USD 864 billion in 2019 to 2020. Considering that IDC surveyed 37% of companies that manage spare parts inventory by using spreadsheets, email, shared folders or an uncertain approach, it becomes evident that this practice carries more risk than it might seem. Now, consider the just-in-case approach.

article thumbnail

Automated Sales Forecasting with Predictive Analytics Making AI Real (Part 4)

Jedox

In today’s organizations, the role of financial controlling or FP&A is not only to provide financial insights so business partners can make better decisions, but it is also to lead the way towards a more mature use of analytics technology including predictive analytics for sales forecasting. Making AI Real (Part 2).

Insiders

Sign Up for our Newsletter

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

article thumbnail

Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

Trying to dissect a model to divine an interpretation of its results is a good way to throw away much of the crucial information – especially about non-automated inputs and decisions going into our workflows – that will be required to mitigate existential risk. See you at Rev 3 in 2020! Because of compliance. That may take a while.

article thumbnail

Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Suddenly advanced analytics wasn’t just for the analysts. The trends we presented last year will continue to play out through 2020. In 2020, BI tools and strategies will become increasingly customized. Read on to see our top 10 business intelligence trends for 2020! We are excited to see what this new year will bring.

article thumbnail

Top 10 Analytics And Business Intelligence Buzzwords For 2020

datapine

That’s why we have prepared a list of the most prominent business intelligence buzzwords that will dominate in 2020. Exclusive Bonus Content: Get Our 2020 BI Buzzwords Handbook! Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? Prescriptive Analytics: What should we do?

article thumbnail

The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

Some data is more a risk than valuable. What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer? Risk Management (most likely within context of governance). Note: Delivery of data, analytics solutions and the sustainment of technology, data and services is a question.

article thumbnail

What Is Embedded Analytics?

Jet Global

In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future. Show how embedded analytics will enhance sales and marketing through better demos and shorter sales cycles.