datapine

NOVEMBER 19, 2019

If you don’t pay attention to new changes or keep up the pace, it’s easy to fall behind the times (and the market) while other companies beat you to the punch. Visual analytics: Around three million images are uploaded to social media every single day. The modern world is changing more and more quickly with each passing year.

Technology 279

Technology Internet of Things IT IoT 279

IBM Big Data Hub

FEBRUARY 19, 2024

On top of disruption, companies with global supply chains must also deal with different regulatory environments, cultural norms and market conditions. Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs.

Strategy 83

Strategy Management Forecasting Cost-Benefit 83

datapine

NOVEMBER 27, 2019

The demand for real-time online data analysis tools is increasing and the arrival of the IoT (Internet of Things) is also bringing an uncountable amount of data, which will promote the statistical analysis and management at the top of the priorities list. It’s an extension of data mining which refers only to past data.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smart Data Collective

APRIL 7, 2022

Few people anticipated that big data would have such a profound impact on the e-commerce sector. Companies in the distribution industry are particularly dependent on data, due to the complicated logistics issues they encounter. ERP Integration is the Newest Trend in E-Commerce for Data-Driven Distribution Businesses.

B2B 106

B2B Sales Big Data Cost-Benefit 106

CIO Business Intelligence

MAY 8, 2024

In the age of big data, where information is generated at an unprecedented rate, the ability to integrate and manage diverse data sources has become a critical business imperative. Traditional data integration methods are often cumbersome, time-consuming, and unable to keep up with the rapidly evolving data landscape.

Data Integration 69

Data Integration IoT Cost-Benefit Data Quality 69

Smart Data Collective

NOVEMBER 25, 2019

New Avenues of Data Discovery. New data-collection technologies , like internet of things (IoT) devices, are providing businesses with vast banks of minute-to-minute data unlike anything collected before. AI-Powered Big Data Technology. Predictive Business Analytics.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

Rocket-Powered Data Science

OCTOBER 6, 2023

Using the same statistical terminology, the conditional probability P(Y|X) (the probability of Y occurring, given the presence of precondition X) is an expression of predictive analytics. By exploring and analyzing the business data, analysts and data scientists can search for and uncover such predictive relationships.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Smart Data Collective

JULY 2, 2019

Big data is playing a surprisingly important role in the evolution of renewable energy. IBM recently published a fascinating paper on the applications of big data for solar and other green energy sources. Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

Cloudera

JANUARY 20, 2021

Digital transformation is a hot topic for all markets and industries as it’s delivering value with explosive growth rates. Reporting – delivering business enterprise insight (sales analysis and forecasting, market research, budgeting as examples).

Digital Transformation 107

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 107

Cloudera

JANUARY 29, 2021

Consider that Manufacturing’s Industry Internet of Things (IIOT) was valued at $161b with an impressive 25% growth rate, or that the Connected Car market will be valued at $225b by 2027 with a 17% growth rate. Mass Data Fragmentation / Difficulty Ingesting all Data . Lack of Clear ROI .

Internet of Things 53

Internet of Things Manufacturing ROI Machine Learning 53

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. Marketing and sales: Conversational AI has become an invaluable tool for data collection. billion by 2030.

Enterprise 97

Enterprise Interactive Data-driven Key Performance Indicator 97

Cloudera

FEBRUARY 3, 2021

This can transform demand forecasting into demand planning, which analyzes data from tens to hundreds of data sources, considering both internal sources (from ERP, SCM, or MES systems) but also from external sources such as market trends, weather, public holidays, consumer pricing indexes, and more.

Manufacturing 105

Manufacturing Forecasting Internet of Things Risk 105

Sisense

JUNE 9, 2021

Gleaning actionable intelligence from disparate data sources. Football teams rely on huge amounts of data drawn from countless sources to take their play to the next level: Internet of Things sensors and other devices connected to the internet use GPS to track players and the ball’s movement in real time.

Analytics 98

Analytics Data-driven Internet of Things Measurement 98

IBM Big Data Hub

JULY 27, 2023

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9%

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

Sisense

OCTOBER 6, 2020

When these systems connect with external groups — customers, subscribers, shareholders, stakeholders — even more data is generated, collected, and exchanged. The result, as Sisense CEO Amir Orad wrote , is that every company is now a data company. Digging into quantitative data. This is quantitative data.

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

IBM Big Data Hub

JULY 26, 2023

However, market volatility, environmental concerns and operational inefficiencies have also challenged these industries to adapt and innovate. The twin will continuously collect data from the physical asset and use predictive analytics and machine learning (ML) algorithms to predict future performance.

Technology 53

Technology Cost-Benefit Optimization Internet of Things 53