Sisense

FEBRUARY 18, 2021

Sadly, many companies are stuck using outmoded analytics that give them static, historical reports that only describe what has already happened and are useless in planning for the future. Predictions like those, indeed predictive analytics itself, rely on a deep understanding of the past and present, expressed by data.

Predictive Analytics 66

Predictive Analytics Business Intelligence Analytics Manufacturing 66

Jet Global

OCTOBER 28, 2021

Deal accelerates insightsoftware’s enterprise position in operational reporting by adding market-leading data analytics and integration products including SAP and Oracle ERP reporting solutions. RALEIGH, N.C. The acquisition is expected to close in early November.

Operational Reporting 83

Operational Reporting Finance Data-driven Reporting 83

IBM Big Data Hub

FEBRUARY 14, 2024

Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies. See what’s ahead AI can assist with forecasting. Teachers and trainers can use AI analytics to see where students might need extra help and attention. ML can also conduct algorithmic trading without human intervention.

Cost-Benefit 91

Cost-Benefit Insurance Unstructured Data Machine Learning 91

Smart Data Collective

JULY 26, 2023

Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. When selecting the software , look for features such as reporting tools and analytics capabilities. An effective inventory management system should be able to generate detailed reports.

Data-driven 74

Data-driven Management Sales Big Data 74

CIO Business Intelligence

JUNE 13, 2022

Today, most banks, insurance companies, and other kinds of financial services firms have deployed natural language processing (NLP) tools to address some of their customer service needs. A Forrester report commissioned by vendor ADA found that 95% of financial firms would like their chatbots to understand customer history with the company.

Data Processing 105

Data Processing Deep Learning Insurance Cost-Benefit 105

Smarten

JULY 30, 2018

Hospitals and healthcare systems are turning to predictive analytics tools to plan and forecast and understand what, when and how to support patients. Hospitals can also use Predictive Analytics Software to plan for future expansion of services, resources, parking lots, facilities, and certain types of care.

Predictive Analytics 40

Predictive Analytics Analytics Predictive Modeling Forecasting 40

CIO Business Intelligence

NOVEMBER 2, 2023

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023. “We

Strategy 140

Strategy Data Processing Experimentation Optimization 140

Jet Global

JULY 8, 2020

And, as a bonus, we will also explain how you can streamline your reporting process using distribution reporting solutions. However, a consistently high rate indicates poor forecasting and/or poor inventory management. How to Build Useful KPI Dashboards. View Guide Now. Operational KPIs for the Distribution Industry.

Metrics 52

Metrics Reporting KPI Key Performance Indicator 52

Smart Data Collective

FEBRUARY 2, 2021

However, some industries have more to benefit from Big Data than others and have reached impressive milestones because data science and data analytics have helped them streamline their operations. On the surface, the use of data analytics in hospitals and clinics offers an easy way to streamline operations and avoid human error.

Big Data 85

Big Data Recreation/Entertainment Cost-Benefit Finance 85

Jet Global

NOVEMBER 30, 2020

Given the right real-time reporting tools , businesses have a multitude of opportunities to find and capitalize on cost savings. Because it had flexible reporting tools capable of drawing from many different data sources easily, the company was able to perform analysis against the cost of materials for a range of projects over three years.

Enterprise 52

Enterprise Finance Cost-Benefit Forecasting 52

Smart Data Collective

JUNE 5, 2023

Besides offering peace of mind, these features can reduce home insurance premiums. With predictive analytics, your smart home can warn you about potential problems like leaks or electrical faults, enabling you to fix them early and avoid hefty repair costs. Now that’s smart.

Cost-Benefit 92

Cost-Benefit Insurance Big Data Predictive Analytics 92

datapine

OCTOBER 21, 2020

One of the most notable areas where data analytics is making big changes is healthcare. In fact, healthcare analytics has the potential to reduce costs of treatment, predict outbreaks of epidemics, avoid preventable diseases, and improve the quality of life in general. Download our free bite-sized summary and see our top examples!

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

CIO Business Intelligence

MARCH 22, 2022

Fractal Analytics has appointed Manish Tiwari as its CIO. He will be based in Gurugram, reporting to CEO Pratik Pota, and will have responsibility for all the digital transformation initiatives at Jubilant FoodWorks. Sanjay Verma has joined Akums India as group CIO, reporting to managing director Sandeep Jain. December 2021.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

bridgei2i

JUNE 2, 2020

Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. I collaborate with multiple stakeholders across many global companies enabling high impact business transformation strategies, and guiding them in their analytics journey. Ashwini Agrawal: Sure.

Risk Management 128

Risk Management Risk Enterprise Management 128

Data Insight

OCTOBER 27, 2021

Manufacturing: Forecasting expected demand, process automation, precision cutting, analysis of IoT data. Here are some of the ways AI can support businesses: Utilisation of complex data Problems that deal with unstructured, complex data like text, photos, video and speech are challenging to solve using traditional analytics alone.

Machine Learning 52

Machine Learning Insurance Cost-Benefit Unstructured Data 52

FineReport

APRIL 9, 2024

By integrating advanced analytics solutions, healthcare organizations can elevate their capacity for data-driven decision-making. The seamless integration of healthcare analytics empowers providers to extract actionable insights from complex datasets, thereby facilitating evidence-based decision support systems.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

IBM Big Data Hub

FEBRUARY 13, 2024

Healthcare, insurance and education are more hesitant due to the legal and compliance efforts to which they must adhere—and the lack of insight, transparency and regulation in generative AI. In the realm of sales, generative AI boosts team performance by providing deep analytics and insights into customer behavior.

Enterprise 128

Enterprise Modeling Testing Data-driven 128

Cloudera

SEPTEMBER 7, 2023

The Danger of Black-Box AI Solutions We believe the best, most pragmatic solution for AI in financial services and insurance is what we call–“Trusted AI.” Enable reporting to internal teams about the statuses of AI projects. Push predictive analytics to optimize operations and enhance profitability. Plan to scale for the future.

Insurance 81

Insurance Risk Data-driven Finance 81

Jet Global

DECEMBER 6, 2019

While financial reporting is largely standard across businesses no matter the industry—accounts receivable, inventory, etc.—when when it comes to the banking and insurance industry, things get a little different. CXO Software even lets the team challenge each scenario with machine learning predictive analytics.

Insurance 86

Insurance Reporting Predictive Analytics Forecasting 86

Sisense

OCTOBER 29, 2020

Meanwhile, “Science” magazine reported that introducing even just a small number of AVs onto the roads could improve overall traffic flow and reduce trip times. In fact, according to forecasts by Western Digital, the storage capacity per vehicle could amount to 11 terabytes by 2030. For insurance company premiums? Advertising?

Machine Learning 90

Machine Learning Data Collection Cost-Benefit Advertising 90

CIO Business Intelligence

MAY 1, 2024

For every optimistic forecast, there’s a caveat against a rush to launch. McKinsey reports that industrial design teams using LLM-powered summaries of user research and AI-generated images for ideation and experimentation sometimes see a reduction upward of 70% in product development cycle times.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

IBM Big Data Hub

NOVEMBER 2, 2022

Most recently we held an event at the IBM Data and AI Forum in Germany ( available on demand here ) where we shared the latest news in our business analytics portfolio. This included announcing the release of IBM Business Analytics Enterprise, which includes IBM Planning Analytics, IBM Cognos Analytics and the new IBM Analytics Content Hub.

Data-driven 64

Data-driven Business Analytics Analytics Forecasting 64

Jet Global

NOVEMBER 27, 2019

With 300 entities distributed across 50 countries, credit insurance specialist, Atradius, struggled to present a consolidated set of accounts, in a timely manner, that everyone could agree on and trust. Providing a library of standard, trusted reports, with a local point-of-view, to drive consistent decision-making across business entities.

Reporting 81

Reporting Insurance Predictive Analytics Forecasting 81

datapine

MAY 6, 2022

These can be the reduction of errors by automating manual reporting and analysis. Look for simple options that your logistics analytics software already supports or existing integrations and third-party plugins designed to combine your tools. Increase scans and verification. Automate simple steps.

Management 229

Management Sales Insurance Dashboards 229

Smart Data Collective

MAY 11, 2023

Therefore, it should be no surprise that the market for data analytics is growing at a rate of nearly 23% a year after being worth $744 billion in 2020. Predictive analytics and other big data tools help distinguish between legitimate and fraudulent transactions. Big data can help companies in the financial sector in many ways.

Data mining 99

Data mining Big Data Sales Cost-Benefit 99

CIO Business Intelligence

JUNE 26, 2023

Consumer banks can use digital interactions to gather more customer data and apply real-time analytics to expand services and speed up processes. Analytics powered by machine learning (ML) lets business leaders assess risk according to a wide variety of variables, many of which are not intuitively obvious.

Data-driven 98

Data-driven Insurance Risk Risk Management 98

CIO Business Intelligence

DECEMBER 7, 2022

For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas. Megan Duty, VP of technology and project delivery, Puritan Life Insurance Company of America. Gartner predicts 2023 IT spending will grow 5.1%

IT 132

IT Insurance Cost-Benefit Risk Management 132

Smarten

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools. Use Case(s): Weather Forecasting, Fraud Analysis and more.

Analytics 40

Analytics Forecasting Statistics Sales 40

CIO Business Intelligence

MAY 24, 2022

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. Building a semantic layer describing unified business and reporting definitions.

Data-driven 98

Data-driven Data Lake Data Warehouse Cost-Benefit 98

CIO Business Intelligence

JUNE 13, 2023

Compliance is the leading intelligent information management driver The AIIM study was a 10-year follow-up to a 2013 study, with participants mostly coming from government, finance, banking and insurance, and education in North America, the United Kingdom, and Europe, Middle East, and Africa (EMEA). Digital Transformation

Digital Transformation 64

Digital Transformation Management Insurance Forecasting 64

IBM Big Data Hub

OCTOBER 12, 2023

Scaling AI models and analytics with trusted data As a model grows or expands in the kinds of tasks it can perform, it needs a way to connect to new data sources that are trustworthy, without hindering its performance or compromising systems and processes elsewhere.

Cost-Benefit 85

Cost-Benefit Metadata Data Governance Modeling 85

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 Private cloud combines the main benefits of cloud computing—chiefly on-demand access to computing resources (e.g.,

Data Processing 106

Data Processing Cost-Benefit Software Digital Transformation 106

CIO Business Intelligence

APRIL 24, 2023

Gartner expects demand for tech talent to continue to outstrip supply through 2026 based on its IT spending forecasts. In the 2023 State of the CIO report , IT leaders said they were most concerned about finding qualified experts in advanced areas such as cybersecurity, blockchain, and data science and analytics.

IT 111

IT Strategy Software Insurance 111

Domino Data Lab

FEBRUARY 4, 2019

To outline that caveat, I count four main points in the article describing necessary conditions which a successful organization must put into practice: Position data science as its own entity—make it its own department, reporting to the CEO. Without delving into economic forecast techniques such as J curves, GPTs, etc.,

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

CIO Business Intelligence

APRIL 15, 2024

The senior vice president and chief information and strategy officer at National Life Group, has spent years executing a technology roadmap to modernize the insurance company. On average, companies are reporting a 17% budget hike, slightly more than the 15% reported in the prior two years.

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

Alation

DECEMBER 2, 2022

For example, the Alation State of Data Culture Report , found that 97% of global data leaders report their companies have suffered the consequences of ignoring data, leading to bad investments, poor forecasts, or the loss of new revenue opportunities. By contrast, ignoring data leads to grave mistakes.

Data-driven 52

Data-driven Insurance ROI Metadata 52

Cloudera

JULY 20, 2021

A recent McKinsey report dove into the divergence between retail’s laggards and winners and found if there is one message in the retail sector’s stock market performance since the pandemic’s start, it is that investors flocked to companies with strong technology capabilities. GDP forecasts keep rising and falling.

Manufacturing 105

Manufacturing Forecasting IoT Insurance 105