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. from 2022 to 2028.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

IBM Big Data Hub

APRIL 22, 2024

The US City of Atlanta , for example, uses IBM data collection, machine learning and AI to monitor public transit tunnel ventilation systems and predict potential failures that could put passengers at risk. This will help advance progress by optimizing resources used.

IoT 84

IoT Internet of Things Cost-Benefit Reporting 84

Smart Data Collective

MAY 8, 2022

Let’s not forget that big data and AI can also automate about 80% of the physical work required from human beings, 70% of the data processing, and more than 60% of the data collection tasks. From the statistics shown, this means that both AI and big data have the potential to affect how we work in the workplace.

Big Data 107

Big Data Data Analytics Analytics Cost-Benefit 107

O'Reilly on Data

JULY 28, 2020

This isn’t always simple, since it doesn’t just take into account technical risk; it also has to account for social risk and reputational damage. A product needs to balance the investment of resources against the risks of moving forward without a full understanding of the data landscape.

Marketing 362

Marketing Experimentation Metrics Testing 362

IBM Big Data Hub

AUGUST 11, 2023

Machine learning (ML), a subset of artificial intelligence (AI), is an important piece of data-driven innovation. Machine learning engineers take massive datasets and use statistical methods to create algorithms that are trained to find patterns and uncover key insights in data mining projects.

Data Science 57

Data Science Machine Learning Cost-Benefit Deep Learning 57

Occam's Razor

MARCH 30, 2017

People tend to use these phrases almost interchangeably: Artificial Intelligence (AI), Machine Learning (ML) and Deep Learning. Deep Learning is a specific ML technique. Most Deep Learning methods involve artificial neural networks, modeling how our bran works. There won’t be any need for them.

Marketing Analytics 166

Marketing Analytics Marketing Analytics Deep Learning 166

O'Reilly on Data

MARCH 31, 2020

Pragmatically, machine learning is the part of AI that “works”: algorithms and techniques that you can implement now in real products. We won’t go into the mathematics or engineering of modern machine learning here. After training, the system can make predictions (or deliver other results) based on data it hasn’t seen before.

Management 332

Management Machine Learning Experimentation Metrics 332