David Menninger's Analyst Perspectives

JANUARY 24, 2023

It creates a need for decision makers to utilize technologies such as artificial intelligence and machine learning (AI/ML) to better understand the external factors that impact their business. With limited exposure to external drivers of demand and delivery, the process becomes very costly. Markets have been more volatile than ever.

Forecasting 130

Forecasting Analytics Machine Learning Testing 130

CIO Business Intelligence

MAY 3, 2024

This strategic alliance allows businesses in these countries access to IBM’s software products, including data technologies and AI, directly through the AWS Marketplace, IBM said in a statement. As the demand for cloud solutions continues to grow, collaboration between major tech players is likely to become commonplace.

Software 128

Software Consulting Enterprise Forecasting 128

CIO Business Intelligence

FEBRUARY 13, 2024

This in turn helps optimizing fleet performance, the company said, adding that enterprises are currently facing many supply chain challenges, including component shortages, disrupted shipping routes, ever-changing global trade agreements, and volatile customer demand. billion, according to the Gartner forecast made in late 2022.

Management 122

Management Forecasting Machine Learning Business Intelligence 122

Jen Stirrup

FEBRUARY 9, 2024

Various funds and organizations are focusing on climate technology development and investing in high-impact and deep-tech solutions, including AI [1]. This substantial investment indicates the growing interest in using AI and other technologies to address climate challenges in India.

Forecasting 104

Forecasting Measurement Testing Technology 104

IBM Big Data Hub

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

CIO Business Intelligence

DECEMBER 14, 2023

Now, manufacturing is facing one of the most exciting, unmatched, and daunting transformations in its history due to artificial intelligence (AI) and generative AI (GenAI). Manufacturers are attaining significant advancements in productivity, quality, and effectiveness with early use cases of AI and GenAI.

Manufacturing 143

Manufacturing Cost-Benefit Unstructured Data Optimization 143

DataRobot Blog

AUGUST 18, 2022

Shifting demands and shipping difficulties make the situation worse. Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. AI in Supply Chain Management. Benefits of AI in Supply Chain. Application of AI in Supply Chain.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

DataRobot Blog

DECEMBER 6, 2022

Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results. Data scientists are in demand: the U.S. Financial services customers are leading the way in creating consistent AI governance processes. Improve Customer Conversion Rates with AI.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

datapine

MAY 2, 2023

Operational growth and demand can be planned For many modern businesses, big data analytics for logistics and transportation is used to keep a firm grip on operational demand. Without the processes, vehicles, storage, and personnel in place to manage increased demand, service levels dwindle and budgets become stretched.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

KDnuggets

AUGUST 5, 2022

In this article, we will go over the top five ways to collect or receive data, whether to help optimize an AI-driven machine or simply forecast future consumer demand.

Forecasting 108

Forecasting Data-driven Optimization Data Science 108

Octopai

AUGUST 8, 2023

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.

Digital Transformation 52

Digital Transformation Metadata Forecasting Data-driven 52

CIO Business Intelligence

NOVEMBER 17, 2023

Over a period of six months, we created an entirely new demand forecasting model, leveraging the capabilities in the cloud,” he says by way of example. The company’s Speech AI managed more than 3.6 The next wave of hospitality innovations may very well be driven by generative AI.

Forecasting 132

Forecasting Consulting Data-driven Digital Transformation 132

CIO Business Intelligence

JULY 18, 2023

Nvidia’s transformation from an accelerator of video games to an enabler of artificial intelligence (AI) and the industrial metaverse didn’t happen overnight—but the leap in its stock market value to over a trillion dollars did.

Manufacturing 98

Manufacturing Forecasting Software Marketing 98

CIO Business Intelligence

JANUARY 19, 2024

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. It’s a good place to start if you’re new to AI or AI on Azure and want to demonstrate your skills and knowledge to employers.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

CIO Business Intelligence

OCTOBER 11, 2023

To overcome these challenges, energy companies are increasingly turning to artificial intelligence (AI), particularly generative AI large language models (LLM). ResearchandMarkets 1 estimates that the energy and power market spent 3.103 billion USD on AI in 2021. How can AI and generative AI help?

Unstructured Data 137

Unstructured Data Uncertainty Risk Data Processing 137

CIO Business Intelligence

FEBRUARY 13, 2024

Addressing the theme ‘The Future of IT: Rethinking Digitalization for an AI Everywhere World’. This 17th annual edition will explore the pivotal shift that is reshaping the region’s IT landscape and provide essential guidance on navigating AI’s transformative influence across industries. Generative AI

Data Processing 98

Data Processing Forecasting Risk Optimization 98

IBM Big Data Hub

JANUARY 22, 2024

IDC predicts a surge in AI-enabled automation , reducing the need for human operations intervention by 70% by 2027​​ However, AI is also a disruptor, necessitating advanced infrastructure to meet data-intensive computational demands. This isn’t to suggest that disruption is a negative attribute.

Data-driven 110

Data-driven Forecasting Consulting Marketing 110

CIO Business Intelligence

NOVEMBER 20, 2023

CIOs and others in the C-suite are already seeing payoffs from using AI to automate myriad types of business tasks and workflows. AI is becoming an integral part of decision-making for many different business functions – from finance to manufacturing to sales. AI makes this capability available to any business.

Sales 131

Sales Cost-Benefit Manufacturing Forecasting 131

Cloudera

JANUARY 30, 2024

In the dynamic landscape of modern manufacturing, AI has emerged as a transformative differentiator, reshaping the industry for those seeking the competitive advantages of gained efficiency and innovation. There are many functional areas within manufacturing where manufacturers will see AI’s massive benefits.

Manufacturing 81

Manufacturing Contextual Data IoT Digital Transformation 81

AWS Big Data

APRIL 11, 2023

The primary challenge businesses face with inventory management is balancing the cost of holding inventory with the need to ensure that products are available when customers demand them. Forecasting is another critical component of effective inventory management. The consequences of poor inventory management can be severe.

Forecasting 72

Forecasting Management IoT Data-driven 72

IBM Big Data Hub

FEBRUARY 28, 2024

Learn more about IBM Food Trust Advanced analytics and artificial intelligence (AI) Analytics engines and their “big data brains” provide real-time sourcing flexibility and visibility to enhance order management and inventory systems. Another exciting use case for AI in sourcing can be found in smarter control towers.

Strategy 105

Strategy Technology Cost-Benefit Risk Management 105

IBM Big Data Hub

MARCH 4, 2024

We have all been witnessing the transformative power of generative artificial intelligence (AI), with the promise to reshape all aspects of human society and commerce while companies simultaneously grapple with acute business imperatives. We refer to this transformation as becoming an AI+ enterprise.

Enterprise 107

Enterprise ROI Risk Strategy 107

Smart Data Collective

MAY 13, 2022

trillion on AI by 2030 ? The demand for AI services is growing due to the many powerful benefits it offers. Various applications, from web-based smart assistants to self-driving cars and house-cleaning robots, run with the help of artificial intelligence (AI). AI is undoubtedly a gamechanger for business intelligence.

Business Analytics 135

Business Analytics Analytics Unstructured Data Data-driven 135

IBM Big Data Hub

JANUARY 25, 2024

2 Unless your demand forecasting is accurate, adopting a reactive approach might prove less efficient. Maintaining safety stock is beneficial but excessive inventory incurs costs and demands significant time for management. There are quantifiable benefits to balancing the dynamics of MRO spares and material demand.

Optimization 81

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 81

bridgei2i

APRIL 21, 2021

PODCAST: Unlocking the Value of AI in Supply Chain. Unlocking the Value of AI in Supply Chain. The 80s saw workflows being operationalized, and by the 90s, the advent of planning systems and demand forecasting systems had caused many advancements. Listening time: 25 minutes.

Forecasting 98

Forecasting Data Warehouse Manufacturing Machine Learning 98

IBM Big Data Hub

MARCH 27, 2024

Artificial intelligence (AI) can play an important role in many solutions for tackling climate risk. Their state governments must order electricity for their citizens in advance, and they used to predict demand manually by using spreadsheets. Predicting energy consumption is closely linked to weather patterns.

Risk 67

Risk Forecasting Insurance Strategy 67

IBM Big Data Hub

FEBRUARY 14, 2024

When thinking of artificial intelligence (AI) use cases, the question might be asked: What won’t AI be able to do? The easy answer is mostly manual labor, although the day might come when much of what is now manual labor will be accomplished by robotic devices controlled by AI. We’re all amazed by what AI can do.

Cost-Benefit 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

CIO Business Intelligence

MARCH 2, 2023

billion after stock market trading closed on Wednesday, the company beat the expectations of analysts, whose average forecast for the quarter was $7.99 The growth of AI as well as the internet of things (IoT) presents an opportunity for other Salesforce products, Benioff said. Posting revenue of $8.38

Internet of Things 124

Internet of Things IoT Business Intelligence Software 124

Dataiku

AUGUST 16, 2023

From demand forecasting to inventory management, delivery dock optimization to warehouse management, classic machine learning has already transformed the supply chain. So what does Generative AI bring to the table on top of these existing capabilities?

Forecasting 52

Forecasting Machine Learning Data-driven Optimization 52

IBM Big Data Hub

DECEMBER 5, 2023

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. Generative AI excels at handling diverse data sources such as emails, images, videos, audio files and social media content.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

Jedox

JANUARY 3, 2023

Even in a highly uncertain environment, organizations can adapt more easily by conducting more frequent financial forecasts, modeling multiple scenarios , integrating external data sources, and building closer collaboration between the business and FP&A teams. Integrated business planning creates more meaningful collaboration.

Uncertainty 83

Uncertainty Forecasting Finance Data-driven 83

bridgei2i

MAY 26, 2020

In this episode of AI to Impact podcast, Arun Krishnamoorthy, VP, Supply Chain Practice at BRIDGEi2i, discusses how the pandemic has affected the Supply Chain ecosystems throwing their sourcing network, lead times and data pipelines off balance. You are listening to AI to Impact by BRIDGEi2i, a podcast on AI for the Digital Enterprise.

Enterprise 131

Enterprise Management Forecasting Manufacturing 131

DataRobot

JULY 22, 2021

Retailers, manufacturers, and pharmaceutical companies all have struggled to align production and stocking with rapid shifts in demand. Using machine learning in conjunction with existing business intelligence solutions can give retailers and manufacturers a much more accurate and realistic insight into future demand, even in uncertain times.

Manufacturing 52

Manufacturing Forecasting Machine Learning Data-driven 52

DataRobot

JANUARY 25, 2022

But for organizations striving to become AI-driven, understanding how to approach those projects is essential. While a daunting prospect, time series can help solve these problems using demand forecasting and anomaly detection models. DataRobot: An AI Solution for the Real World. Applications.

Forecasting 52

Forecasting Cost-Benefit Data-driven Data Science 52

DataRobot

OCTOBER 19, 2021

As these services have increased, so has the demand of constituent needs. Artificial intelligence (AI) can equip states to surge ahead faster than ever before as services continue to increase and critical needs arise. State governments must enhance their crisis response for the future immediately—and AI can help.

Forecasting 98

Forecasting Predictive Modeling Optimization Testing 98

IBM Big Data Hub

DECEMBER 18, 2023

Weather forecasting As extreme weather events increase in intensity and frequency across the globe, planning and preparing for them is crucial for governments and organizations alike. More accurate forecasts use real-time data and digital maps to help companies better predict and respond to weather events, reducing impacts to operations.

Internet of Things 106

Internet of Things IoT Forecasting Visualization 106

CIO Business Intelligence

JUNE 22, 2023

And as the demand for tech talent grows in industries beyond tech, salaries are on the rise in fields such as consulting, finance, hospitality, and more. There’s a demand for skills such as cybersecurity, cloud, IT project management, UX/UI design, change management, and business analysis.

IT 122

IT Insurance Recreation/Entertainment Consulting 122