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What is predictive analytics? Transforming data into future insights

CIO Business Intelligence

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028.

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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. AI enhances operational efficiency. 5G aids customer service. 5G aids customer service.

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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

Analytics is becoming more important than ever in the world of business. Over 70% of global businesses use some form of analytics. For both reasons, the role of CIOs has to embrace automation and analytical thinking in strategizing the organization’s initiatives. They are using analytics to help drive business growth.

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IBM named a leader in ESG reporting and data management software by independent research firm

IBM Big Data Hub

Independent research firm Verdantix recently identified IBM as a leader in their report, “ Green Quadrant: ESG Reporting and Data Management Software ” (July 17, 2023), which evaluated and provided a detailed assessment of solution providers and their product offerings.

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Revolutionizing the consumer goods industry with integrated business planning

IBM Big Data Hub

They faced obstacles such as a prolonged budget process, manual forecasting, and no product profitability. To meet their specific needs, the experts at 1Direction Global, comprised of certified accountants and engineers, turned to IBM Planning Analytics for Watson, a flexible and powerful planning and analysis tool.

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Global Trends Report from insightsoftware and Hanover Research Reveals Nearly 90% of Finance Professionals Struggle With Operational Reporting

Jet Global

Nearly one in three financial reports are manually produced. Many decision-makers spend hours on recurring reports, which creates inefficiencies and costs companies tens of thousands per team member. Further, the volume and type of requests for operational reports is rapidly increasing. RALEIGH, N.C.

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Trakstar unlocks new analytical opportunities for its HR customers with Amazon QuickSight

AWS Big Data

In 2022, Trakstar launched what is now called Trakstar Insights, which unlocks new analytical insights for HR across the employee life cycle. QuickSight allowed us to meet our customers’ needs quickly and played a key role in our overall analytics strategy. In January 2022, we launched the Perform Insights dashboards.