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The impact of AI on edge computing

CIO Business Intelligence

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). Data analytics methods and techniques.

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The Impact of Healthcare BI Tools on Decision-Making and Patient Care

FineReport

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. These innovative solutions pave the way for future trends in healthcare, shaping the industry’s digital transformation journey.

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PepsiCo transforms for the digital era

CIO Business Intelligence

“Me coming in from the outside and proposing so much change — the associates and midlevel management are the ones that must be empowered and that is the most difficult aspect of any kind of transformation.” One HR employee took some courses in data analytics and found a new job within the company helping to advance digital transformation. “I

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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 Predictive analytics can foretell a breakdown before it happens. billion by 2030.

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New technologies like AI and machine learning are driving the digital transformationMaking AI Real (Part 1)

Jedox

The digital transformation is redefining the world as we know it at a pace faster than most people could ever imagine. But it is more than just massive computing power, artificial intelligence with sophisticated algorithms, and tons of data that are propelling this megatrend forward.

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3 technology trends set to revolutionize retail

CIO Business Intelligence

From 250 such stores in 2021, the study forecasts the number to touch 12,000 by 2027. From big fashion brands to staples and grocery stores, every retailer is looking to apply algorithms to improve the bottom line, especially in the areas of omnichannel retailing, demand forecasting, and predictive analytics.