article thumbnail

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.

article thumbnail

Top 10 Analytics And Business Intelligence Trends For 2020

datapine

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?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Getting Started With People Analytics

Sisense

To understand all this, let’s dig into the BI continuum, understand who benefits from people analytics, and learn some best practices for success on your people analytics journey. The HR analytics continuum. Who benefits from people analytics? How to do people analytics right. that you’ll be using.

article thumbnail

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.

article thumbnail

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

Andrew White

With a success behind you, sell that experience as the kind of benefit you can help improve. Storytelling is a nice one to use early on to test the approach. On end user clients calls, are you hearing a greater focus on use cases and greater need for prescriptive analytics, ex marketing analytics, sales analytics, healthcare, etc.