DataRobot Blog

AUGUST 10, 2022

As ICSs develop plans to deliver around 30% more elective activity by 2024-2025 than before the pandemic, the need to retain clinical staff is paramount. Accurately forecasting non-elective demand is a necessity for ICSs and acute trusts, but this task is complicated by the pandemic and the data disruption that ensued.

Forecasting 52

Forecasting Experimentation Data-driven Risk 52

datapine

MAY 2, 2023

The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries. In a recent move towards a more autonomous logistical future, Amazon has launched an upgraded model of its highly-successful KIVA robots. Did you know? Where is all of that data going to come from?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

IBM Big Data Hub

JANUARY 17, 2024

Today, he also serves as the squad leader for the IBM Sustainability Accelerator’s clean energy project in Miyakojima City, where the team is working to develop an energy forecasting model. This model aims to improve the community’s self-sufficiency in clean, renewable energy.

Forecasting 91

Forecasting Consulting Modeling Technology 91

CIO Business Intelligence

JUNE 1, 2022

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. billion by 2030.

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

CIO Business Intelligence

JUNE 7, 2022

In business, when a trend is forecast to grow by more than 3000% and generate cost savings of $7.3 The move to remote work and the surge in online everything during the COVID-19 pandemic have led many companies that provide financial services to rethink their business models to accommodate the changing needs of employees and customers.

Unstructured Data 98

Unstructured Data Deep Learning Insurance Interactive 98

Cloudera

SEPTEMBER 18, 2020

Demand Forecasting – Companies must move beyond basic demand forecasting using only historical transaction data to leveraging real-time datasets and external consumer demand signals. Greater visibility and forecast accuracy. Automation and expertise .

Manufacturing 80

Manufacturing IoT Forecasting Machine Learning 80

Smart Data Collective

MARCH 8, 2021

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data.

Big Data 143

Big Data Management Predictive Analytics Statistics 143

CIO Business Intelligence

FEBRUARY 28, 2023

IDC forecasts global cloud spending to exceed US$1.3 trillion by 2025 , and by 2027, experts predict that cloud adoption will have become mainstream , with nearly 90% of organizations implementing some degree of cloud strategy.

Digital Transformation 98

Digital Transformation Internet of Things Data Lake Enterprise 98

Smart Data Collective

NOVEMBER 24, 2020

billion by 2025. In the future of business intelligence, it will also be more common to break data-based forecasts into actionable steps to achieve the best strategy of business development. As the use of intelligence technologies is staggering, knowing the latest trends in business intelligence is a must. Prescriptive Analytics.

Business Intelligence 130

Business Intelligence Visualization Dashboards Prescriptive Analytics 130

CIO Business Intelligence

JUNE 1, 2022

IDC forecasted worldwide “whole cloud” spending will surpass US$1.3 trillion by 2025. This often translates to creation of new business models and means your enterprise workloads can run safely and reliably on multiple clouds as service providers leverage proven approaches to the breadth and depth of their experience .

Digital Transformation 98

Digital Transformation Business Objectives Cost-Benefit IoT 98

IBM Big Data Hub

MARCH 8, 2024

Today, 45% of networks worldwide are 5G compatible, with that number forecasted to rise to 85% by the end of the decade according to a recent report by Ericsson (link resides outside ibm.com). The initiative was a success, and 5G networks began to grow swiftly in the ensuing years.

IoT 115

IoT Broadcasting Internet of Things Technology 115

CIO Business Intelligence

OCTOBER 18, 2023

Of roughly 2,500 CIOs surveyed recently by Gartner, 9% say they have already deployed gen AI applications, and a staggering 55% say they will deploy large language models (LLMs) in production by the end of 2025. CarMax CITO Shamim Mohammed confirms his company was using OpenAI’s GPT-3.x

Risk 141

Risk Manufacturing Enterprise Technology 141

IBM Big Data Hub

MAY 12, 2023

Its aggressive sustainability goals included achieving net zero emissions by 2050, making all packaging reusable or recyclable by 2025 and investing more than USD 3 billion globally over several years to drive momentum.

Consulting 87

Consulting Cost-Benefit Optimization Dashboards 87

Smart Data Collective

OCTOBER 31, 2021

E-commerce companies are expected to spend over $22 billion on analytics technology by 2025. There are predictive analytics tools that can help you project the future value of a domain name and forecast sales potential based on the amount of search engine traffic that it could generate. We create a brand and register a domain.

Analytics 108

Analytics Data mining Analytics Technologies Sales 108

bridgei2i

MAY 20, 2021

For optimum utilization of your corporate data to drive revenue and growth into your company, you can outsource your data sourcing, modeling, and analysis strategy to a digital analytics consulting company. The Digital Analytics Market is forecast to reach $5.2 billion by 2025. billion by 2025.

Consulting 52

Consulting Analytics Data-driven Dashboards 52

CIO Business Intelligence

MARCH 9, 2022

According to a study by Grand View Research, the global HPC market is expected to reach $60 billion by 2025.¹. The weather and climate research industry employ these solutions for timely and more precise weather forecasting and better understanding of climate change.

Cost-Benefit 124

Cost-Benefit Manufacturing Consulting Optimization 124

CIO Business Intelligence

MAY 4, 2022

billion in spend by 2025. He cites as evidence Gartner’s figures in this space : a 34% annual growth rate in spending for cloud security, which has gone from $585 million in 2019 to an anticipated $3.5

IT 135

IT Business Driver Reporting Uncertainty 135

bridgei2i

DECEMBER 15, 2021

Naturally, the change in consumer behavior prompted media companies to change their business models. billion by 2025.[1] Anticipating Demand through Predictive Modelling on OTT. Today, almost all the major media houses have entered the OTT market and consumers enjoy seemingly limitless options for media consumption.

Recreation/Entertainment 52

Recreation/Entertainment Metadata Advertising Predictive Modeling 52

Smart Data Collective

JULY 2, 2019

One of the greatest challenges facing modern society is turning the page on current energy models. The advocates of the “green” model are relying on climate change and increased competition from the renewable market to find new ways to increase production capacity and efficiency. The energy sector is under review.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

Cloudera

NOVEMBER 15, 2021

The International Data Corporation (IDC) estimates that by 2025 the sum of all data in the world will be in the order of 175 Zettabytes (one Zettabyte is 10^21 bytes). Seagate Technology forecasts that enterprise data will double from approximately 1 to 2 Petabytes (one Petabyte is 10^15 bytes) between 2020 and 2022. Data curation.

Unstructured Data 85

Unstructured Data Recreation/Entertainment Structured Data Reporting 85

CIO Business Intelligence

SEPTEMBER 2, 2022

billion in 2021, and it is forecast to grow at a compound annual growth rate (CAGR) of 25.6% over the 2021–2025 period. Recommendation engines, as well as prediction and forecasting, are other key investment areas that will be leveraged across various vertical markets.

Forecasting 98

Forecasting Data Governance Strategy Big Data 98

CIO Business Intelligence

SEPTEMBER 2, 2022

billion in 2021, and it is forecast to grow at a compound annual growth rate (CAGR) of 25.6% over the 2021–2025 period. Recommendation engines, as well as prediction and forecasting, are other key investment areas that will be leveraged across various vertical markets.

Forecasting 98

Forecasting Data Governance Strategy Big Data 98

Smart Data Collective

OCTOBER 17, 2022

In fact, you may have even heard about IDC’s new Global DataSphere Forecast, 2021-2025 , which projects that global data production and replication will expand at a compound annual growth rate of 23% during the projection period, reaching 181 zettabytes in 2025. This is an increase from 64.2 zettabytes in 2012.

Big Data 103

Big Data Data-driven Recreation/Entertainment Data Governance 103

CIO Business Intelligence

JULY 5, 2022

For instance, IDC found that 84 ZB of data was created, captured, or replicated in 2021, but just 10% of that data could have been used for analysis or artificial intelligence (AI) and Machine Learning (ML) models 1. Many now have fewer people, as the introduction of cloud-optimized operating models has led to smaller infrastructure teams.

IoT 98

IoT Forecasting Internet of Things Machine Learning 98

CIO Business Intelligence

JUNE 30, 2022

For instance, IDC found that 84 ZB of data was created, captured, or replicated in 2021, but just 10% of that data could have been used for analysis or artificial intelligence (AI) and Machine Learning (ML) models 1. Many now have fewer people, as the introduction of cloud-optimized operating models has led to smaller infrastructure teams.

IoT 98

IoT Forecasting Internet of Things Machine Learning 98

BizAcuity

MARCH 31, 2022

By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. By 2025, AI will be the top category driving infrastructure decisions, due to the maturation of the AI market, resulting in a tenfold growth in compute requirements. Source: TCS).

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Jedox

NOVEMBER 17, 2022

In many cases, the business planning most commonly conducted by finance has morphed into xP&A projects with cross-departmental collaboration as the centerpiece of modern planning, budgeting and forecasting. As a result, CPAs now have the ability to expand their skill set and embrace new value creation opportunities.

Finance 75

Finance Cost-Benefit Forecasting Reporting 75

IBM Big Data Hub

OCTOBER 12, 2023

Connecting AI models to a myriad of data sources across cloud and on-premises environments AI models rely on vast amounts of data for training. Once trained and deployed, models also need reliable access to historical and real-time data to generate content, make recommendations, detect errors, send proactive alerts, etc.

Cost-Benefit 88

Cost-Benefit Metadata Data Governance Modeling 88

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. The CSRD goes into effect this year, with qualifying companies expected to report in 2025.

Reporting 87

Reporting Consulting Risk Metrics 87

IBM Big Data Hub

MARCH 4, 2024

According to a recent report by Ericsson (link resides outside ibm.com), 45% of networks worldwide were 5G compatible by the end of 2023, with that number forecasted to rise to 85% by the end of the decade.

IoT 112

IoT Internet of Things Technology Enterprise 112

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platforms assist with a multitude of tasks ranging from enforcing data governance to better workload distribution to the accelerated construction of machine learning models.

Machine Learning 84

Machine Learning Manufacturing Cost-Benefit Deep Learning 84

CIO Business Intelligence

DECEMBER 21, 2022

By 2025, it’s estimated we’ll have 463 million terabytes of data created every day,” says Lisa Thee, data for good sector lead at Launch Consulting Group in Seattle. An IT-managed BI delivery model, Goris explains, requires a lot of effort and process, which wouldn’t work for some parts of the business. But many find other solutions.

IT 131

IT Business Intelligence Sales Key Performance Indicator 131

IBM Big Data Hub

FEBRUARY 6, 2024

Today, these three cloud architecture models are not mutually exclusive; instead, they work in concert to create a hybrid multicloud—an IT infrastructure model that uses a mix of computing environments (e.g., on-premises, private cloud, public cloud, edge) with public cloud services from more than one provider.

Cost-Benefit 116

Cost-Benefit Digital Transformation Software Modeling 116

DataRobot Blog

FEBRUARY 15, 2023

By 2025, according to Gartner, chief data officers (CDOs) who establish value stream-based collaboration will significantly outperform their peers in driving cross-functional collaboration and value creation. Our objective was to create a machine learning model that could accurately predict the selling price of a single-family home.

Modeling 52

Modeling Machine Learning Cost-Benefit Metrics 52

datapine

NOVEMBER 19, 2019

This feature hierarchy and the filters that model significance in the data, make it possible for the layers to learn from experience. billion by 2025. A study conducted by McKinsey pointed out that the potential economic impact of IoT by the year 2025 could be equivalent to 11% of the world economy. billion in 2017 to $190.61

Technology 279

Technology Internet of Things IT IoT 279

CIO Business Intelligence

MAY 24, 2022

Providing a platform for fact-based and actionable management reporting, algorithmic forecasting and digital dashboarding. The Internet of Things (IoT) is a huge contributor of data to this growing volume, iotaComm estimates there are 35 billion IoT devices worldwide and that in 2025 all IoT devices combined will generate 79.4

Data-driven 98

Data-driven Data Lake Data Warehouse Cost-Benefit 98

CIO Business Intelligence

APRIL 28, 2022

According to IDC , DPaaS is the fastest-growing segment of the data protection market with forecast 19.1% CAGR through 2025. The simplest choice: A backup as a service solution that integrates all of these features in a pay-as-you-go consumption model.

Cost-Benefit 104

Cost-Benefit Snapshot Data-driven Strategy 104