CIO Business Intelligence

JUNE 1, 2022

billion by 2030. Predictive analytics can foretell a breakdown before it happens. The digital twins at McLaren are also used to run simulations for the design of new parts and then to test them for performance and reliability before they are manufactured and installed in the racing cars. A Competitive Differentiator.

Manufacturing 104

Manufacturing Digital Transformation Predictive Analytics Strategy 104

IBM Big Data Hub

SEPTEMBER 6, 2023

A recent study by Price Waterhouse Cooper (PwC) estimates that by 2030, artificial intelligence (AI) will generate more than USD 15 trillion for the global economy and boost local economies by as much as 26%. (1) 1) But what about AI’s potential specifically in the field of marketing?

Marketing 79

Marketing Technology Advertising ROI 79

IBM Big Data Hub

FEBRUARY 23, 2024

Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends. ML and DL lie at the core of predictive analytics, enabling models to learn from data, identify patterns and make predictions about future events.

Enterprise 96

Enterprise Interactive Data-driven Key Performance Indicator 96

IBM Big Data Hub

JULY 11, 2023

According to Statista , the artificial intelligence (AI) healthcare market, valued at $11 billion in 2021, is projected to be worth $187 billion in 2030. In some cases, AI reduces the need to test potential drug compounds physically, which is an enormous cost-savings. How does artificial intelligence benefit healthcare?

Deep Learning 55

Deep Learning Cost-Benefit Insurance Machine Learning 55

Smart Data Collective

SEPTEMBER 20, 2023

From 2020 to 2030, the growth of these roles will be a minimum of 10%. Make Market Research a Breeze Not doing your homework and expecting to ace the test is usually futile. Predict Emerging Trends AI isn’t exactly a crystal ball. Known as predictive analytics, it’s one of AI’s most powerful capabilities.

Marketing 104

Marketing Strategy Predictive Analytics Testing 104

AWS Big Data

NOVEMBER 8, 2023

Because Gilead is expanding into biologics and large molecule therapies, and has an ambitious goal of launching 10 innovative therapies by 2030, there is heavy emphasis on using data with AI and machine learning (ML) to accelerate the drug discovery pipeline.

Data Lake 77

Data Lake Data Warehouse Cost-Benefit Optimization 77