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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries. Did you know?

Big Data 275
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6 ecommerce trends to watch

IBM Big Data Hub

Social commerce, a form of ecommerce in which a social media platform serves as both a marketing channel and a shopping destination, is expected to grow by more than 50% between 2021 and 2025. Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. trillion globally by 2025.

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Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

Climate modeling consists of using datasets and complex calculations to represent the interactions between major climate system components—namely, the atmosphere, land surface, oceans and sea ice. 4 ” IEA: More than a third of the world’s electricity will come from renewables in 2025. link resides outside ibm.com).

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Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

In business, when a trend is forecast to grow by more than 3000% and generate cost savings of $7.3 Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research.

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Top Business Intelligence Features To Boost Your Business Performance

datapine

In fact, it is expected that by 2025, the BI market will grow to $33.3 By optimizing every single department and area of your business with powerful insights extracted from your own data you will ensure your business succeeds in the long run. 17 Top Features Of Business Intelligence Tools.

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How CIOs reinterpret their role through AI

CIO Business Intelligence

A strengthening role in IT “Real-time analytics, forecasting, and alerting capabilities enable us to intervene when problems arise and prevent disruptions,” says Deligia. At the same time, the AI’s predictive mechanism generates a forecast that highlights the deviation between what was predicted and facilitating the action to correct it.”

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NLP Isn’t Enough. Leading Financial Services Companies Are Now Moving to Conversational AI.

CIO Business Intelligence

According to IDC , worldwide spending on AI will likely top $204 billion by 2025. Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. It can also help speed up customer service interactions and provide sophisticated support any time of day. .