Remove 2023 Remove Forecasting Remove Manufacturing Remove Optimization
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The impact of AI on edge computing

CIO Business Intelligence

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 over the 2023-2027 forecast period 1. over 2023 2. Bandwidth optimization. Security and privacy. Personalization.

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IT leaders look beyond LLMs for gen AI needs

CIO Business Intelligence

Putting new models to work Labor-scheduling SaaS MakeShift is another organization looking beyond the LLM to help perform complex predictive scheduling for its healthcare, retail, and manufacturing clients. “We We can start to incorporate public data, such as weather forecasting, proximity to mass transit, and density of people in a store.”

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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

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How Nvidia became a trillion-dollar company

CIO Business Intelligence

It was when Nvidia reported strong results for the three months to April 30, 2023, and forecast that its sales could jump by 50% in the following fiscal quarter, that its stock market valuation soared, catapulting it into the exclusive trillion-dollar club alongside well-known tech giants Alphabet, Amazon, Apple, and Microsoft.

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Renewable energy trends and developments powering a cleaner future

IBM Big Data Hub

Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. Policies driving development At 2023’s United Nation’s Climate Change Conference (COP28), governments set a goal to triple global renewables power capacity by 2030.

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Octopai And Demand Chain Ai Announce Strategic Partnership To Accelerate Digital Transformation

Octopai

Battle Creek, Michigan — July 18, 2023 — Octopai, a global leader in data lineage and business intelligence automation, and Demand Chain AI, a pioneer in AI-driven demand forecasting and supply chain optimization, have today announced a strategic partnership.

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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

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