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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?

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6 ecommerce trends to watch

IBM Big Data Hub

As the ecommerce market grows exponentially, six trends projected to heavily impact the global market are artificial intelligence (AI), augmented reality, live commerce, online-to-offline ecommerce, social commerce and voice assistants. The ecommerce market has grown exponentially over the last decade.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

Cognizant Technology Solutions announced a full-year revenue forecast below expectations. These developments, along with broader market reports, have cast a shadow over the growth prospects of the IT services sector. If there is a need, they will continue to add capacity or else scale down and optimize the cost.”

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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

bn by 2025. . The answers captured above further enable a CIO to create a top-level view and evaluate how optimal is the spending, how progressive is the pipeline and ultimately how on track are the committed deliverables. . This sales/marketing funnel can consume insights from BA to predict the probability of upselling.

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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets. Real-time data analytics helps in quick decision-making, while advanced forecasting algorithms predict product demand across diverse locations.

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Renewable energy trends and developments powering a cleaner future

IBM Big Data Hub

The agency predicts that by 2025, renewable energy will surpass coal to become the world’s top source of electricity. Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. Better storage will also help make power systems more resilient.

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The 4 Core Features of Successful Data Governance Automation

CIO Business Intelligence

By Milan Shetti, CEO Rocket Software If we’ve learned anything over the last few years facing a global pandemic, stalled supply chains, rising inflation, and sinking economies, it’s that change is the new normal in today’s markets. IDC forecasts that global spending on digital transformation will reach $2.8