Rocket-Powered Data Science

MARCH 19, 2021

With its vast assortment of sensors and streams of data that yield digital insights in situ in almost any situation, the IoT / IIoT market has a projected market valuation of $1.5 Dynamic sense-making, insights discovery, next-best-action response, and value creation is essential when data is being acquired at an enormous rate.

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

CIO Business Intelligence

APRIL 28, 2024

Grid-based sources, like weather forecasts, can provide accurate weather data to enhance the prediction accuracy of wind, solar, and hydro power generation. Four key technologies were deployed in the digital foundation. We need to build grid-based sources, loads and networks. HPLC can deliver 99.9%

Interactive 88

Interactive Uncertainty Data Collection IoT 88

CIO Business Intelligence

FEBRUARY 10, 2023

With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future. Study driver behavior to develop better driver assistance technologies and, eventually, autonomous vehicles.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Jedox

JULY 23, 2019

You do not have to be a data scientist to recognize the impact of technology on FP&A is and will continue to be significant. One of the biggest challenges of automation (Robotic Process Automation) and artificial intelligence/machine learning technologies is our current mindset. Cross system (macro macros).

Technology 52

Technology Forecasting Finance Data-driven 52

Rocket-Powered Data Science

MARCH 10, 2020

“Shocking Amount of Data” An excerpt from my chapter in the book: “We are fully engulfed in the era of massive data collection. All those data represent the most critical and valuable strategic assets of modern organizations that are undergoing digital disruption and digital transformation.

Digital Transformation 248

Digital Transformation Data Collection Big Data Forecasting 248

BI-Survey

NOVEMBER 24, 2020

This generates significant challenges for organizations in many areas and corporate planning and forecasting are no exceptions. In addition, the use of predictive technologies and algorithms for corporate planning is gaining in significance in many organizations. Our world has become more fast-moving and dynamic than ever.

Forecasting 94

Forecasting Predictive Modeling Statistics Data-driven 94

Smart Data Collective

OCTOBER 16, 2023

Smart devices use sensors to collect data and upload it to the Internet. Examples include CCTV records, automated vacuum cleaners, weather station data, and other sensor-generated data. All in all, big data refers to massive data collections obtained from various sources.

Big Data 103

Big Data IoT Cost-Benefit Advertising 103

CIO Business Intelligence

JULY 5, 2022

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward. What is business analytics?

Business Analytics 135

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 135

datapine

MAY 2, 2023

Where is all of that data going to come from? 5) Warehouses and the supply chain are automated Soon enough, big data combined with automation technology and the Internet of Things may make logistics an entirely automated operation. Big data enables automated systems by intelligently routing many data sets and data streams.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Smart Data Collective

APRIL 29, 2021

Big data has evolved from a technology buzzword into a real-world solution that helps companies and governments analyze data, extract the meaningful statistics, and apply it into their specific business needs. It’s not so much the realization that this information is collected, but what can be effectively done with it.

Big Data 96

Big Data Forecasting Unstructured Data Statistics 96

Jet Global

MARCH 17, 2020

Some companies, such as drinks brand Diageo, have declared their profit warnings, forecasting between £140-£200m profit losses this year. Some companies, such as drinks brand Diageo, have declared their profit warnings, forecasting between £140-£200m profit losses this year. . Integrated approach to planning.

Forecasting 97

Forecasting Sales Marketing Finance 97

Jen Stirrup

APRIL 16, 2024

In the keynote speech, His Excellency Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar, and President of COP28, emphasised the importance of turning climate agreements into action. This results in significant cost savings and ensures a more reliable supply of green hydrogen.

Data Processing 57

Data Processing Data-driven Optimization Forecasting 57

CIO Business Intelligence

AUGUST 30, 2022

But although their role has evolved, the technology which helps them is still playing catch-up, with the lack of reliable analytics and data one of the biggest hurdles to progress. A changing role and the need for data. This level of data collection and insight requires the right technology.

Data-driven 95

Data-driven Finance Digital Transformation Operational Reporting 95

Smart Data Collective

JULY 9, 2023

Collecting Relevant Data for Conversion Rate Optimization Here is some vital data that e-commerce businesses need to collect to improve their conversion rates. Identifying Key Metrics for Conversion Rate Optimization Data collection and analysis are both essential processes for optimizing your conversion rate.

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

Smart Data Collective

NOVEMBER 24, 2020

As the use of intelligence technologies is staggering, knowing the latest trends in business intelligence is a must. In the future of business intelligence, it will also be more common to break data-based forecasts into actionable steps to achieve the best strategy of business development. billion by 2025.

Business Intelligence 131

Business Intelligence Visualization Dashboards Prescriptive Analytics 131

Smart Data Collective

JUNE 29, 2022

During this wave of disruption, successful business owners and startup founders need to understand the technologies that are driving the industry forward. AI can benefit financial technology in a number of ways. Artificial intelligence is also adept at data processing and analytics, both useful tools for financial applications.

Cost-Benefit 87

Cost-Benefit Predictive Analytics Finance Forecasting 87

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. New Avenues of Data Discovery. AI-Powered Big Data Technology. Predictive Business Analytics.

Business Intelligence 102

Business Intelligence Predictive Analytics Data Collection Internet of Things 102

CIO Business Intelligence

MAY 24, 2023

The US Department of Commerce (DOC) is probably the biggest collector of data in the United States. They collect, archive, and analyze everything from weather and farming data to scientific and economic data. Once you identify the data, you can start defining your data governance framework.

Data Governance 114

Data Governance Data Quality Data Collection Management 114

Cloudera

JANUARY 20, 2021

Most of what is written though has to do with the enabling technology platforms (cloud or edge or point solutions like data warehouses) or use cases that are driving these benefits (predictive analytics applied to preventive maintenance, financial institution’s fraud detection, or predictive health monitoring as examples) not the underlying data.

Digital Transformation 106

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 106

CIO Business Intelligence

FEBRUARY 6, 2023

Executive leaders of small businesses and startups frequently lament that they lack the same access to data and insights that enterprise competitors and other more entrenched players enjoy. The solution: business intelligence tools While mindset is a difficult obstacle to overcome, technology and budget are easier ones to surmount.

Business Intelligence 78

Business Intelligence Forecasting Marketing Sales 78

IBM Big Data Hub

AUGUST 7, 2023

This article, part of the IBM and Pfizer’s series on the application of AI techniques to improve clinical trial performance, focuses on enrollment and real-time forecasting. AI models can be designed to detect anomalies in real-time site performance data.

Optimization 61

Optimization Forecasting Data-driven Strategy 61

Smart Data Collective

JULY 21, 2021

You take a business activity that is old and ineffective/inefficient and re-energize it with new technology. All those invoices have reams and reams of valuable data that you can use to create reports, forecasts and direct management decisions. By working with experts, you can start to understand what kind of data you have.

Digital Transformation 143

Digital Transformation Data Strategy Strategy Cost-Benefit 143

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

Data Science 85

Data Science Data Analytics Prescriptive Analytics Analytics 85

CIO Business Intelligence

AUGUST 18, 2023

Defined as quantifiable and objective behavioral and physiological data collected and measured by digital devices such as implantables, wearables, ingestibles, or portables, digital biomarkers enable pharmaceutical companies to conduct studies remotely without the need for a physical site.

Measurement 98

Measurement Data Quality Visualization Data Collection 98

CIO Business Intelligence

SEPTEMBER 8, 2022

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years.

Cost-Benefit 121

Cost-Benefit Internet of Things Data-driven Data Lake 121

Smart Data Collective

NOVEMBER 14, 2019

They have refined their data decision-making approaches to include new predictive analytics models to forecast trends and adapt to evolving customer behavior. SAS admits that the predictive analytics technology they have worked on has progressed more slowly than they originally anticipated.

Predictive Analytics 79

Predictive Analytics Analytics Forecasting Modeling 79

CIO Business Intelligence

JUNE 22, 2022

Ongoing innovation in digital technologies is now essential to support its expansion. Oxford Economics, a leader in global forecasting and quantitative analysis, teamed up with Huawei to develop a new approach to measuring the impact of digital technology on economic performance. That’s a big difference. The Time Is Now.

Digital Transformation 105

Digital Transformation Internet of Things Manufacturing Unstructured Data 105

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. In this landscape, data analysts assume a pivotal role, tasked with interpreting data to drive informed decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

Smart Data Collective

MARCH 8, 2021

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data.

Big Data 143

Big Data Management Predictive Analytics Statistics 143

CIO Business Intelligence

APRIL 12, 2022

A McKinsey study on the impact of this extended disruption found something very interesting: while 75% of companies surveyed faced problems with their supplier base, production and distribution, 85% said they struggled with “insufficient digital technologies” in the supply chain. The more data you have, the more costs you save.

IoT 105

IoT Analytics Manufacturing Cost-Benefit 105

Cloudera

FEBRUARY 8, 2021

This blog series follows the manufacturing, operations and sales data for a connected vehicle manufacturer as the data goes through stages and transformations typically experienced in a large manufacturing company on the leading edge of current technology. 1 The enterprise data lifecycle. Data Enrichment Challenge.

Manufacturing 115

Manufacturing Data Warehouse Sales Predictive Analytics 115

IBM Big Data Hub

FEBRUARY 14, 2024

McDonald’s is building AI solutions for customer care with IBM Watson AI technology and NLP to accelerate the development of its automated order taking (AOT) technology. See what’s ahead AI can assist with forecasting. AIOps is one of the fastest ways to boost ROI from digital transformation investments.

Cost-Benefit 89

Cost-Benefit Insurance Unstructured Data Machine Learning 89

Smart Data Collective

JUNE 28, 2021

Data centers can meet that goal while equipping brands to discover new, compelling ways to keep pace with customer demands,” Mathews wrote. Big data is more than a trend in the technology sector, which is the driving force behind the growing demand for new data centers. Price optimization and possible promotions.

Management 87

Management Big Data Data Processing Advertising 87

Jet Global

JULY 21, 2021

Widely recognized in the industry, CALUMO earned top-rankings in the budgeting and planning technology, ease of use, product satisfaction, and additional categories highlighted in the Business Application Research Center’s (BARC) BI & Analytics Survey 21 , the largest annual survey of BI and analytics software users in the industry.

Finance 98

Finance Reporting Marketing Software 98

IBM Big Data Hub

FEBRUARY 23, 2024

Beyond the simplistic chat bubble of conversational AI lies a complex blend of technologies, with natural language processing (NLP) taking center stage. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends.

Enterprise 107

Enterprise Interactive Data-driven Key Performance Indicator 107

Smart Data Collective

MAY 28, 2021

Data security and data collection are both much more important than ever. Every organization needs to invest in the right big data tools to make sure that they collect the right data and protect it from cybercriminals. One tool that many data-driven organizations have started using is Microsoft Azure.

Data-driven 134

Data-driven Cost-Benefit Big Data Data Processing 134

Smarten

NOVEMBER 22, 2019

Why is Data Literacy Important? If you have attended technology conferences or read industry publications, you have probably heard the term ‘Data Literacy’. Becoming Data Literate – To be data literate, your team members do not need to be data scientists or business analysts.

Predictive Modeling 67

Predictive Modeling Data-driven Forecasting Visualization 67