article thumbnail

KDnuggets™ News 22:n01, Jan 5: 3 Tools to Track and Visualize the Execution of Your Python Code; 6 Predictive Models Every Beginner Data Scientist Should Master

KDnuggets

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 (..)

article thumbnail

MRO spare parts optimization

IBM Big Data Hub

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 2 Unless your demand forecasting is accurate, adopting a reactive approach might prove less efficient. Results may vary.

Insiders

Sign Up for our Newsletter

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

article thumbnail

12 data science certifications that will pay off

CIO Business Intelligence

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 should also have experience with pattern detection, experimentation in business optimization techniques, and time-series forecasting.

article thumbnail

3 AI Trends from the Big Data & AI Toronto Conference

DataRobot Blog

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.

article thumbnail

What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

DSS vs. decision intelligence Research firm, Gartner, declared decision intelligence a top strategic technology trend for 2022. Forecasting models. It features support for creating and visualizing decision tree–driven customer interaction flows. These models are used for “what-if” analysis. Optimization analysis models.

article thumbnail

How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. For most organizations, it sets the narrative for project forecasting, recruiting, scaling, and others. For CIOs, financial planning coupled with business forecasting through analysts is a primary role. Conclusion.

article thumbnail

3 technology trends set to revolutionize retail

CIO Business Intelligence

As per RBR London’s Mobile Self-Scanning and Checkout-Free 2022 study , there has been a threefold increase in the number of stores leveraging checkout-free technology worldwide. From 250 such stores in 2021, the study forecasts the number to touch 12,000 by 2027.