IBM Big Data Hub

JANUARY 25, 2024

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.

Optimization 74

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 74

Smart Data Collective

NOVEMBER 24, 2020

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.

Business Intelligence 130

Business Intelligence Visualization Dashboards Prescriptive Analytics 130

Sisense

JUNE 30, 2020

The primary objective of data visualization is to clearly communicate what the data says, help explain trends and statistics, and show patterns that would otherwise be impossible to see. Broadly, there are three types of analytics: descriptive , prescriptive , and predictive. Using visualizations to make smarter decisions.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow. How can we make it happen?

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. But we are seeing increasing data suggesting that broad and bland data literacy programs, for example statistics certifying all employees of a firm, do not actually lead to the desired change. We do have good examples and bad examples.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

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.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52