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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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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. Augmented analytics uses artificial intelligence to process data and prepare insights based on them. Future of Business Intelligence: Benefits Provided.

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AIOps reimagines hybrid multicloud platform operations

IBM Big Data Hub

Specifically, AIOps uses big data, analytics, and machine learning capabilities to do the following: Collect and aggregate the huge and ever-increasing volumes of operations data generated by multiple IT infrastructure components, applications and performance-monitoring tools. Predictive analytics to show what will happen next.

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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

Cost Savings : Big data tools such as FineReport , Hadoop, Spark, and Apache can assist businesses in saving costs by storing and handling huge amounts of data more efficiently. ” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. Top 10 Big Data Tools 1.

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Machine Learning and AI Underpin Predictive Analytics to Achieve Clinical Breakthroughs

Cloudera

We recently announced the availability of MetiStream Ember on top of Cloudera, which offers an end-to-end interactive analytics platform specifically for the healthcare and life sciences industries. Ember exploits FHIR beyond data exchange to empower interoperable analytics.

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Understanding BI Tools in Today’s Market

Smarten

You may be interested to know that TechJury reports seven out of ten businesses rate data discovery as very important, and that the top three business intelligence trends are data visualization, data quality management and self-service business intelligence. And that is exactly what is happening!

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Create an end-to-end data strategy for Customer 360 on AWS

AWS Big Data

Without C360, businesses face missed opportunities, inaccurate reports, and disjointed customer experiences, leading to customer churn. Data storage Structured, semi-structured, or unstructured batch data is stored in an object storage because these are cost-efficient and durable. Organizations using C360 achieved 43.9%