CIO Business Intelligence

JANUARY 19, 2024

Companies are increasingly eager to hire data professionals who can make sense of the wide array of data the business collects. 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.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

CIO Business Intelligence

FEBRUARY 10, 2023

The science of predictive analytics can generate future insights with a significant degree of precision. With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future.

Predictive Analytics 136

Predictive Analytics Analytics Predictive Modeling Forecasting 136

Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. Without big data in predictive analytics, these descriptive models can’t offer a competitive advantage or negotiate future outcomes.

Predictive Analytics 122

Predictive Analytics Analytics Predictive Modeling Data mining 122

IBM Big Data Hub

JULY 6, 2023

While data science and machine learning are related, they are very different fields. In a nutshell, data science brings structure to big data while machine learning focuses on learning from the data itself. What is data science? Machine learning and deep learning are both subsets of AI.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

CIO Business Intelligence

JUNE 7, 2022

Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes. Time series data means that data is in a series of particular time periods or intervals.”

Data Analytics 126

Data Analytics Diagnostic Analytics Management Analytics 126

IBM Big Data Hub

MAY 17, 2024

AI models analyze vast amounts of data quickly and accurately. They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions.  The applications of AI in commerce are vast and varied.

B2B 64

B2B Interactive Optimization Forecasting 64

IBM Big Data Hub

FEBRUARY 14, 2024

By infusing AI into IT operations , companies can harness the considerable power of NLP, big data, and ML models to automate and streamline operational workflows, and monitor event correlation and causality determination. Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies.

Cost-Benefit 82

Cost-Benefit Insurance Unstructured Data Machine Learning 82