IBM Big Data Hub

JULY 25, 2023

A smart grid is a digital electricity network that supplies power to consumers using interactive two-way communication, enabling automated, advanced energy delivery and a litany of opportunities for consumers to control their electricity use and costs. And real-time grid monitoring is vital for optimizing smart grid technology.

Optimization 63

Optimization Technology Measurement Cost-Benefit 63

CIO Business Intelligence

APRIL 5, 2022

But the latest analytics tools, powered by machine learning algorithms, can help companies predict demand more effectively, enabling them to adjust production and shipping operations. Here’s how three organizations are succeeding at using data analytics to improve supply chain operations.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

CIO Business Intelligence

NOVEMBER 20, 2023

This reduces costs while improving customer experience. Sales optimization In sales, AI can provide account reps with the information they need to close deals. Outcomes are fed back into machine learning models to improve prediction accuracy continually. Here’s a look at a few areas where it’s gaining influence.

Sales 131

Sales Cost-Benefit Manufacturing Forecasting 131

CIO Business Intelligence

MARCH 18, 2024

As more businesses look to carve out an advantage in an increasingly competitive market, many are turning toward cloud computing—particularly hybrid cloud approaches that blend the power of the mainframe with the innovation of the cloud—to make the most of their data. It’s what they use to set goals, make decisions, and plan for the future.

Cost-Benefit 98

Cost-Benefit Data Lake Machine Learning Data Integration 98

BizAcuity

JULY 13, 2021

Optimize your Go To Market: The gaming business consists of various applications like the gaming platforms (Casino, Live Dealer, Poker, Sports, Bingo, etc.), account platform, payment, affiliate, loyalty system, bonus and promotion systems, financial application, CRM system, and many others. Data Enrichment/Data Warehouse Layer.

Optimization 52

Optimization Marketing Analytics Data Warehouse 52

Smart Data Collective

MARCH 29, 2021

And this is usually at the lowest possible costs in terms of material and machinery. Over the years, asset-intensive industries have been searching for cost-efficient ways of managing, repairing, and overhauling activities. Additionally, data collection becomes a costly process. Below are some of these trends.

Big Data 137

Big Data Management Cost-Benefit Internet of Things 137

AWS Big Data

NOVEMBER 27, 2023

Amazon Managed Streaming for Apache Kafka (Amazon MSK) is a fully managed service that enables you to build and run applications that use Apache Kafka to process streaming data. Today, we’re excited to bring the benefits of Graviton3 to Kafka workloads, with Amazon MSK now offering M7g instances for new MSK provisioned clusters.

Cost-Benefit 100

Cost-Benefit Optimization Management Testing 100

AWS Big Data

MAY 16, 2024

Because of this, many organizations are utilizing them as a support geography, aggregating their data to these grids to optimize both their storage and analysis. To learn more details about their benefits, see Introduction to Spatial Indexes. This ensures robust data representation in all directions.

Data Warehouse 82

Data Warehouse Visualization Cost-Benefit Optimization 82

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. 1- Treating data as a strategic business asset . 3- Continued move to the public cloud and hybrid cloud, optimizing deployments.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

Cloudera

OCTOBER 30, 2023

The public cloud is increasingly becoming the preferred platform to host data analytics – related projects, such as business intelligence, machine learning (ML), and AI applications. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 77

Analytics Cost-Benefit ROI Business Objectives 77

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. They also need to understand the vitality of quality data for AI success, as well as governance frameworks to ensure responsible and ethical use of AI.

Risk Management 129

Risk Management Risk Cost-Benefit Technology 129

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. Financial services: Develop credit risk models.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

AWS Big Data

DECEMBER 8, 2023

In 2021, FanDuel’s workloads almost tripled since they first started using Amazon Redshift in 2018, and they started evaluating Redshift RA3 nodes vs. DC2 nodes to take advantage of the storage and compute separation and deliver better performance at lower costs. The following diagram illustrates this architecture.

Data Warehouse 69

Data Warehouse Cost-Benefit KPI Risk 69

IBM Big Data Hub

FEBRUARY 14, 2024

Using machine learning (ML), AI can understand what customers are saying as well as their tone—and can direct them to customer service agents when needed. These systems can evaluate vast amounts of data to uncover trends and patterns, and to make decisions.

Cost-Benefit 90

Cost-Benefit Insurance Unstructured Data Machine Learning 90

CIO Business Intelligence

APRIL 22, 2022

Data science is a method for gleaning insights from structured and unstructured data using approaches ranging from statistical analysis to machine learning. Data science gives the data collected by an organization a purpose. Data science vs. data analytics. The benefits of data science.

Data Science 139

Data Science Statistics Machine Learning Visualization 139

AWS Big Data

MAY 1, 2024

To provide a variety of products, services, and solutions that are better suited to customers and society in each region, we have built business processes and systems that are optimized for each region and its market. However, Excel is mainly designed for spreadsheets; it’s not designed for large-scale data analytics and automation.

Dashboards 114

Dashboards Data-driven Publishing Cost-Benefit 114

AWS Big Data

NOVEMBER 8, 2023

Join us as we delve into the world of real-time streaming data at re:Invent 2023 and discover how you can use real-time streaming data to build new use cases, optimize existing projects and processes, and reimagine what’s possible. High-quality data is not just about accuracy; it’s also about timeliness.

Data-driven 90

Data-driven Data Lake Machine Learning Cost-Benefit 90

CIO Business Intelligence

APRIL 25, 2022

Enterprises are betting big on machine learning (ML). According to IDC , 85% of the world’s largest organizations will be using artificial intelligence (AI) — including machine learning (ML), natural language processing (NLP) and pattern recognition — by 2026. Intel® Technologies Move Analytics Forward.

Machine Learning 134

Machine Learning Enterprise Deep Learning Cost-Benefit 134

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g.,

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

JULY 12, 2023

However, some things are common to virtually all types of manufacturing: expensive equipment and trained human operators are always required, and both the machinery and the people need to be deployed in an optimal manner to keep costs down. Moreover, lowering costs is not the only way manufacturers gain a competitive advantage.

Manufacturing 98

Manufacturing Cost-Benefit Data Lake Optimization 98

AWS Big Data

OCTOBER 26, 2023

times lower cost per user and up to 7.9 times better price-performance than other cloud data warehouses on real-world workloads using advanced techniques like concurrency scaling to support hundreds of concurrent users, enhanced string encoding for faster query performance, and Amazon Redshift Serverless performance enhancements.

Data Warehouse 98

Data Warehouse Cost-Benefit Dashboards Optimization 98

IBM Big Data Hub

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. Drilling operations optimization : Drilling operations are complex and costly.

Technology 59

Technology Cost-Benefit Optimization Internet of Things 59

Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Here’s why.

Data-driven 104

Data-driven Cost-Benefit Data mining Big Data 104

Smart Data Collective

FEBRUARY 20, 2022

Your SaaS company can store and protect any amount of data using Amazon Simple Storage Service (S3), which is ideal for data lakes, cloud-native applications, and mobile apps. Management of data. While maintaining cost control, SaaS companies may have to innovate quickly. Benefits of using AWS for your SaaS company.

Cost-Benefit 116

Cost-Benefit Data Lake Software Machine Learning 116

IBM Big Data Hub

JUNE 20, 2023

The following are the six stages of asset lifecycle management: Planning: In the first stage of the asset lifecycle, stakeholders assess the need for the asset, its projected value to the organization and its overall cost. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 80

Strategy Management Cost-Benefit IoT 80

Smart Data Collective

DECEMBER 22, 2020

Data-driven business ideas are becoming more important than ever. A growing number of companies have found that big data is the key to reaching more customers. One of the most important benefits of big data in business is with marketing. We previously touched on a number of ways companies use big data for their marketing.

Data-driven 120

Data-driven Sales Advertising Big Data 120

AWS Big Data

NOVEMBER 8, 2023

Because Gilead is expanding into biologics and large molecule therapies, and has an ambitious goal of launching 10 innovative therapies by 2030, there is heavy emphasis on using data with AI and machine learning (ML) to accelerate the drug discovery pipeline.

Data Lake 77

Data Lake Data Warehouse Cost-Benefit Optimization 77

Smart Data Collective

MARCH 23, 2023

In omnichannel marketing, AI personalizes and optimizes the customer experience across multiple channels. It analyzes data about customers and products to inform marketing campaigns, predict conversion channels, and automate repetitive tasks. bimago increased online conversions by 44% by using AI to better optimize their web presence.

Marketing 120

Marketing Sales Advertising Strategy 120

Smart Data Collective

MARCH 30, 2022

Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are. New ecommerce startups are discovering interesting ways to utilize analytics.

Analytics 116

Analytics Cost-Benefit Testing Dashboards 116

CIO Business Intelligence

APRIL 11, 2022

There are many benefits that come along with making a city “smart.” It gives the city more information and data to help drive decision making leading to tremendous benefits that positively influence the lives of everyone who lives, works, and visits, such as: . Intel® Technologies Move Analytics Forward.

IoT 145

IoT Measurement Cost-Benefit Deep Learning 145

Cloudera

JANUARY 5, 2021

To enable these business capabilities requires an enterprise data platform to process streaming data at high volume and high scale, to manage and monitor diverse edge applications, and provide data scientists with tools to build, test, refine and deploy predictive machine learning models. .

Forecasting 91

Forecasting Cost-Benefit Sales Unstructured Data 91

AWS Big Data

NOVEMBER 30, 2023

In this post, we explore how to use the AWS Glue native connector for Teradata Vantage to streamline data integrations and unlock the full potential of your data. Businesses often rely on Amazon Simple Storage Service (Amazon S3) for storing large amounts of data from various data sources in a cost-effective and secure manner.

IT 98

IT Visualization Machine Learning Data Integration 98

Smart Data Collective

OCTOBER 21, 2021

It should be no surprise that the video gaming industry has been heavily influenced by developments in data technology. There are a number of potential opportunities to utilize big data in video games. Data Technology is Invaluable for Optimizing the User Experience of Video Game Players.

Big Data 131

Big Data Testing Advertising Cost-Benefit 131

Cloudera

MAY 18, 2022

By leveraging data, analytics, and automation, a company can gain a better understanding of where it is and where it needs to go. People tend to resist change, especially if they don’t understand the reason for it or see clear benefits. . Address data management . Set a realistic plan.

Cost-Benefit 93

Cost-Benefit Strategy Manufacturing Optimization 93

CIO Business Intelligence

MAY 16, 2022

From the factory floor to online commerce sites and containers shuttling goods across the global supply chain, the proliferation of data collected at the edge is creating opportunities for real-time insights that elevate decision-making. The concept of the edge is not new, but its role in driving data-first business is just now emerging.

IoT 95

IoT Data Warehouse Internet of Things Machine Learning 95

AWS Big Data

MAY 16, 2023

Zoom, in collaboration with the AWS Data Lab team, developed an innovative architecture to overcome these challenges and streamline their logging and record deletion processes. In this post, we explore the architecture and the benefits it provides for Zoom and its users. minutes using the Amazon EMR runtime for Apache Spark.

Data Lake 71

Data Lake Cost-Benefit Optimization Testing 71

CIO Business Intelligence

OCTOBER 13, 2022

As companies fast-track IT modernization to accelerate digital transformation and gain business advantage, there is an opportunity to rearchitect a greener IT environment and application portfolio that will drive cost efficiencies and contribute to broader corporate sustainability goals. of all global carbon emissions.

IT 59

IT Cost-Benefit Internet of Things IoT 59