IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

Optimization 76

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 76

CIO Business Intelligence

NOVEMBER 14, 2022

DSS vs. decision intelligence Research firm, Gartner, declared decision intelligence a top strategic technology trend for 2022. These DSS include systems that use accounting and financial models, representational models, and optimization models. Optimization analysis models. Forecasting models. Analytics, Data Science

Data mining 144

Data mining Data-driven Statistics OLAP 144

AWS Big Data

MARCH 26, 2024

In 2022, AWS commissioned a study conducted by the American Productivity and Quality Center (APQC) to quantify the Business Value of Customer 360. Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics. The following figure shows some of the metrics derived from the study.

Data Strategy 70

Data Strategy Strategy Data Warehouse Prescriptive Analytics 70

Smart Data Collective

OCTOBER 13, 2021

How is Data Virtualization performance optimized? The best Data Virtualization platforms employ performance optimization techniques such as intelligent caches, task scheduling, delegation to sources, query optimization, asynchronous and parallel execution, etc., In forecasting future events. Prescriptive analytics.

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135