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 need experience in machine learning and predictive modeling techniques, including their use with big, distributed, and in-memory data sets.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

CIO Business Intelligence

JANUARY 11, 2024

The global end-user spending on public cloud services is forecast to grow 20.4% On Tuesday, the company also said it has completed the acquisition of management consultancy Vocatus , which uses behavioral economics modeling to develop pricing strategies and sales concepts for business-to-business and business-to-consumer models.

IT 116

IT Consulting Digital Transformation Manufacturing 116

CIO Business Intelligence

MARCH 22, 2022

March 2022. February 2022. January 2022. He is expected to strengthen the company’s cloud solution portfolio, deliver an enhanced cloud experience for customers, and develop industry-specific solutions available on IaaS, PaaS, and SaaS models. Write to us if you have news to share. Amit Goel joins Blox as CTO.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

KDnuggets

JANUARY 5, 2022

3 Tools to Track and Visualize the Execution of Your Python Code; 6 Predictive Models Every Beginner Data Scientist Should Master; What Makes Python An Ideal Programming Language For Startups; Alternative Feature Selection Methods in Machine Learning; Explainable Forecasting and Nowcasting with State-of-the-art Deep Neural Networks and Dynamic Factor (..)

Predictive Modeling 73

Predictive Modeling Visualization Modeling Forecasting 73

CIO Business Intelligence

NOVEMBER 17, 2023

Over a period of six months, we created an entirely new demand forecasting model, leveraging the capabilities in the cloud,” he says by way of example. In 2022, 20% of all customer contact with the hotel giant’s 6,100 properties went through digital channels, compared to 4% the previous year.

Forecasting 132

Forecasting Consulting Data-driven Digital Transformation 132

DataRobot Blog

OCTOBER 18, 2022

The DataRobot expo booth at the 2022 conference showcased our AI Cloud platform with industry-specific demonstrations including Anti-Money Laundering for Financial Services , Predictive Maintenance for Manufacturing and Sales Forecasting for Retail. DataRobot Booth at Big Data & AI Toronto 2022.

Big Data 96

Big Data Forecasting Experimentation Metrics 96

CIO Business Intelligence

JUNE 2, 2022

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. in 2022 to $623 billion globally. Gartner highlights AI trend in banking.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

IBM Big Data Hub

MAY 25, 2023

The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like HR or marketing, elevate their customer experiences and create new business models.

Consulting 109

Consulting Experimentation Machine Learning Modeling 109

CIO Business Intelligence

APRIL 26, 2023

In April 1972, entrepreneurs Dietmar Hopp, Hasso Plattner, Claus Wellenreuther, Klaus Tschira, and Hans-Werner Hector started an amazing innovation journey, which culminated in SAP’s 50th anniversary celebration in 2022. Together with our customers and partners, we are happy to celebrate the 10 th Anniversary of the SAP Innovation Awards.

Digital Transformation 98

Digital Transformation Forecasting Data-driven Optimization 98

CIO Business Intelligence

NOVEMBER 14, 2022

A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions. DSS vs. decision intelligence Research firm, Gartner, declared decision intelligence a top strategic technology trend for 2022. Model-driven DSS. They emphasize access to and manipulation of a model.

Data mining 144

Data mining Data-driven Statistics OLAP 144

Jedox

JANUARY 13, 2023

Now finance teams are looking for more efficient and flexible planning that encourages a “total company mindset,” according to the Gartner 2022 Critical Capabilities for Financial Planning Software report. Configurable models. Implementation strategy. Advanced analytics.

Software 52

Software Finance Forecasting Data Lake 52

Smart Data Collective

JUNE 16, 2022

While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. Having cost-effective and high-quality business analytics tools such as Atlassian, MS Visio, Business Process Modeller, Balsamiq, and similar BA tools is essential for org initiative improvement. It is growing at a CAGR of 23.0%

Business Analytics 123

Business Analytics Analytics Forecasting Business Analysis 123

CIO Business Intelligence

OCTOBER 11, 2023

To overcome these challenges, energy companies are increasingly turning to artificial intelligence (AI), particularly generative AI large language models (LLM). First, AI is improving weather models so that utilities can have a better idea of where disaster might strike. Today, over 70% of the U.S. How can AI and generative AI help?

Unstructured Data 137

Unstructured Data Uncertainty Risk Data Processing 137

Jedox

JANUARY 3, 2023

Even in a highly uncertain environment, organizations can adapt more easily by conducting more frequent financial forecasts, modeling multiple scenarios , integrating external data sources, and building closer collaboration between the business and FP&A teams. Integrated business planning creates more meaningful collaboration.

Uncertainty 81

Uncertainty Forecasting Finance Data-driven 81

CIO Business Intelligence

FEBRUARY 13, 2023

In one use case, AR and VR are being used to re-create people’s spines in a model so that surgeons can look at them in advance of surgeries to help them perform better, says Peter Fleischut, group senior vice president and chief information and transformation officer. IDC is forecasting a 5.1% growth in 2022, according to Gartner.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

OCTOBER 21, 2022

Chipotle’s digital business in 2022 was $3.5 Chipotle IT’s secret sauce Garner credits Chipotle’s wholly owned business model for enabling him to deploy advanced technologies such as the cloud, analytics, data lake, and AI uniformly to all restaurants because they are all based on the same digital backbone. “I

Digital Transformation 145

Digital Transformation Data Lake Forecasting Technology 145

CIO Business Intelligence

DECEMBER 18, 2023

This year, GenAI and Large Language Models, such as ChatGPT, are positioned as vectors of change. Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency.

Cost-Benefit 109

Cost-Benefit Risk Strategy Manufacturing 109

CIO Business Intelligence

FEBRUARY 8, 2024

Cognizant Technology Solutions announced a full-year revenue forecast below expectations. This contrasts with the 262,595 layoffs recorded in 2023, averaging approximately 22,000 per month, and 164,969 in 2022, averaging around 13,747 per month.” For instance, many of them use solutions from Microsoft, AWS, Google, and the like.

IT 98

IT Uncertainty Consulting Forecasting 98

CIO Business Intelligence

OCTOBER 23, 2023

IT professionals can play a pivotal role by strategically leveraging as-a-service models as a key part of their organizations, enabling them to contribute not only to cost efficiencies but also to their organizations’ sustainability goals. It’s a win-win scenario when moving to an as-a-service model. Actual Results will vary.

Cost-Benefit 105

Cost-Benefit Uncertainty Digital Transformation Optimization 105

Andrew White

FEBRUARY 5, 2023

Connecting health and fitness devices to each other and live trainers seemed like the perfect disruptive model. COVID restrictions melted away and so too did forecasted clients of Peloton. Subscriptions (a sure sign of the digital model) peaked and even started to fall. Spending got ahead of reliable forecasted demand.

Forecasting 52

Forecasting Strategy Digital Transformation Marketing 52

CIO Business Intelligence

SEPTEMBER 7, 2023

That’s why, around the world, governments and the defense industry as a whole are now investing and exploring generative artificial intelligence (AI), or large language models (LLMs), to better understand what’s possible. MarketResearch.biz forecasts generative AI’s growth in defense at 21% CAGR from 2022-2032, creating a market size of $2.91

Unstructured Data 119

Unstructured Data Cost-Benefit Risk Risk Management 119

Decision Management Solutions

OCTOBER 27, 2022

What is a DMN decision model? A decision model is a visual representation of a decision – the precise specifications of decision making logic. Decision Model & Notation (DMN) is a powerful language used to build decision models. My Halloween DMN decision model. The four costumes are the following….

Modeling 52

Modeling Forecasting Visualization Management 52

IBM Big Data Hub

MARCH 27, 2024

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. The state experienced one of its driest years on record in 2022. What is climate risk?

Risk 68

Risk Forecasting Insurance Strategy 68

CIO Business Intelligence

MAY 4, 2022

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. The State of the CIO report found that 59% of CIOs are planning to spend more in 2022 than they did in 2021. Top 10 business needs driving IT spend.

IT 135

IT Business Driver Reporting Uncertainty 135

Andrew White

MAY 2, 2022

The article was published in the Economist, April 16th, 2022: Tracking ships at sea can help catch sanction-busters. . At that time many organizations found that their models and forecasting tools, all using historical data, were blown to bits. Wide data is a hot area that emerged during the Covid-19 change.

Insurance 59

Insurance Forecasting Software Publishing 59

IBM Big Data Hub

JANUARY 9, 2024

relative to 2022, with the highest being in infrastructure-as-a-service (at 23%) followed by software-as-a-service (SaaS, at 8.4%) and IT services (at 3%). This is what the “fit-for-purpose” model of XaaS is out to achieve. In fact, IDC estimates that IT infrastructure-related spending will grow by a modest 4.5%

Digital Transformation 74

Digital Transformation Business Driver Optimization Strategy 74

CIO Business Intelligence

FEBRUARY 28, 2023

IDC forecasts global cloud spending to exceed US$1.3 Guided by the principle “to go fast, it is best to go alone; but to go far, we must go together”, Huawei launched its new partner network in June 2022 in its effort to go and grow with partners. This comprises two cooperation frameworks, GoCloud and GrowCloud.

Digital Transformation 98

Digital Transformation Internet of Things Data Lake Enterprise 98

CIO Business Intelligence

APRIL 14, 2023

IDC forecasts that sales of no-code platforms will grow at an annual rate of 13.9% The predictions about the future of software development are contained in IDC’s “ Worldwide Low-Code, No-Code and Intelligent Developer Technologies Forecast, 2022-2026 ” report. Sales of all three of these categories of tools are growing.

Forecasting 115

Forecasting Sales Software Enterprise 115

Cloudera

AUGUST 26, 2021

Alternatively, let’s look at the trend of vaccinations in a few countries, along with a forecast of when the countries will reach the threshold of say 70% vaccinated. . def plot_vaccination_forecast (forecast, country, title): . forecast_holder = []. model = fbprophet.Prophet(). forecast = model.predict(future) .

Data Science 107

Data Science Forecasting Metadata Machine Learning 107

IBM Big Data Hub

APRIL 21, 2023

In Texas, 2022 was one of the driest years on record. Farmers, researchers and water managers in Alabama, Louisiana and Texas tested the previous version of the solution throughout 2022. Over 100 smallholder farmers will be targeted in 2023 to test the solution in Louisiana.

Technology 91

Technology Testing Forecasting Machine Learning 91

DataRobot Blog

JUNE 1, 2022

Join DataRobot and leading organizations June 7 and 8 at DataRobot AI Experience 2022 (AIX) , a unique virtual event that will help you rapidly unlock the power of AI for your most strategic business initiatives. Explore nine great reasons to join DataRobot AIX 2022. AI Success Stories from Global Organizations.

Machine Learning 119

Machine Learning Risk Management Data-driven Risk 119

CIO Business Intelligence

NOVEMBER 2, 2023

It depends on what business model you’re in. Additionally, ADP’s management plan ensures all IT managers get daily reports and forecasts of cloud use to stay on top of the cloud spending. growth experienced in 2022. IDC’s Public Cloud Services Tracker shows that worldwide spending on public cloud services will grow 22.2%

Strategy 140

Strategy Data Processing Experimentation Optimization 140

IBM Big Data Hub

JULY 19, 2023

Other use cases where generative AI models can help life sciences organizations unleash competitive advantage are: Summarization : call center interactions, documents such as financial reports, analyst articles, emails, news, media trends and more. Supply Chain: Demand forecasting, supply chain optimization, risk assessment and mitigation.

Consulting 65

Consulting Machine Learning Manufacturing Optimization 65

IBM Big Data Hub

JANUARY 17, 2024

In October 2022, this remote community became the focus of an IBM Sustainability Accelerator clean energy project aimed at addressing the complex energy challenges it faces. This model aims to improve the community’s self-sufficiency in clean, renewable energy.

Forecasting 90

Forecasting Consulting Modeling Technology 90

DataRobot Blog

AUGUST 10, 2022

Snowflake provides a state-of the-art data platform for collating and analysing workforce data, and with the combined addition of DataRobot Solution Accelerator models, trusts can have predictive models running with little experimentation — further accelerated by the wide range of supportive datasets available through the Snowflake Marketplace.

Forecasting 52

Forecasting Experimentation Data-driven Risk 52

DataRobot Blog

MAY 3, 2022

As the Formula 1 Miami Grand Prix culminates on May 8, 2022, it’s not likely to be snowing. The forecast calls for sunny skies and temperatures between 68? (20?) To make laser-sharp predictions, McLaren’s Formula 1 drivers and team members use DataRobot automated time series capabilities to forecast air and track temperatures.

Forecasting 105

Forecasting Strategy Data-driven Machine Learning 105

IBM Big Data Hub

JULY 25, 2023

In addition, IBM offers modelling capabilities through its Planning Analytics Solution, which uses AI and machine learning from the IBM Watson tool to perform what-if analyses and muti-variate forecasting.”

Software 62

Software Reporting Management Data Quality 62