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What is predictive analytics? Transforming data into future insights

CIO Business Intelligence

Predictive analytics has captured the support of wide range of organizations, with a global market size of $12.49 billion in 2022, according to a research study published by The Insight Partners in August 2022. from 2022 to 2028. Predict the impact of new policies, laws, and regulations on businesses and markets.

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

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Nvidia speeds AI, climate modeling

CIO Business Intelligence

Nvidia is hoping to make it easier for CIOs building digital twins and machine learning models to secure enterprise computing, and even to speed the adoption of quantum computing with a range of new hardware and software. At GTC 2022, the company announced new tools for building digital twins for scientific and engineering applications.

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The importance of diversity in AI isn’t opinion, it’s math

IBM Big Data Hub

The math demonstrates a powerful truth All predictive models, including AI, are more accurate when they incorporate diverse human intelligence and experience. Consider the diversity prediction theorem. . Evaluating model accuracy goes hand-in-hand with evaluating bias. This is not an opinion; it has empirical validity.

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How to achieve high-impact personalization at scale with managed marketing services

IBM Big Data Hub

According to an Everest Group® study , offshore MMS centers increased over 50% from 2019 to 2022. These components come together to create end-to-end operations efficiency, experience optimization and data optimization. MMS for campaign support includes: Design and planning Execution Optimization Performance evaluation 2.

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Redefining clinical trials: Adopting AI for speed, volume and diversity

IBM Big Data Hub

In 2022, less than 10% of trial participants for FDA approval were Black, fewer than 12% were Asian, under 13% were Hispanic, and women constituted less than 50% (Exhibit 3), not reflective of the current US population. Predicting site performance, spotting underperforming sites and formulating timely interventions are essential.

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Real-time Data, Machine Learning, and Results: The Evidence Mounts

CIO Business Intelligence

They identified two architectural elements for processing and delivering data: the “data platform,” which covers the sourcing, ingestion, and storage of data sets, and the “machine learning (ML) system,” which trains and productizes predictive models using input data.