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MRO spare parts optimization

IBM Big Data Hub

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 regulations, undergoing digital transformation and the need for cost-cutting. A 40% reduction in inventory costs.

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AIOps reimagines hybrid multicloud platform operations

IBM Big Data Hub

The AIOps engine is focused on addressing four key things: Descriptive analytics to show what happened in an environment. Predictive analytics to show what will happen next. Prescriptive analytics to show how to achieve or prevent the prediction. Diagnostics to show why it happened.

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What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Prescriptive Analytics. The companies that yield BI-related tasks to internal IT teams now, are likely to hire expert consultants in the next years. Future of BI: What Does it Hold?

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What Is Embedded Analytics?

Jet Global

These benefits provide a 360-degree feedback loop. Embedded analytics has proven to be a must-have for staying in compliance. In this new era, users expect to reap the benefits of analytics in every application that they touch. Users are coming to expect sophisticated analytics at little or no cost.

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The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

As with any good consulting response, “it depends.” With a success behind you, sell that experience as the kind of benefit you can help improve. Do you recommend a consulting approach strategy rather than a CDO strategy? That may well be tied to how IT is classically managed: as a cost center. It really does.