Smart Data Collective

MARCH 8, 2021

Big data eliminates all the guesswork and allows fleet managers to make purely informed decisions. All in all, the concept of big data is all about predictive analytics. Such data is great for introducing revamped maintenance practices. Predictive analytics takes care of both direct and indirect costs.

Big Data 143

Big Data Management Predictive Analytics Statistics 143

IBM Big Data Hub

FEBRUARY 14, 2024

Clean up with predictive maintenance AI can be used for predictive maintenance by analyzing data directly from machinery to identify problems and flag required maintenance. Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies.

Cost-Benefit 82

Cost-Benefit Insurance Unstructured Data Machine Learning 82

IBM Big Data Hub

FEBRUARY 23, 2024

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. Marketing and sales: Conversational AI has become an invaluable tool for data collection.

Enterprise 95

Enterprise Interactive Data-driven Key Performance Indicator 95

Cloudera

MARCH 18, 2021

Continuous monitoring will be required, and banks will need to conduct back-testing to ensure accuracy. From a data management point of view, FRTB’s requirements will require greatly increased quantities of historical data, along with an increased need for analysis and intensive computation against this data. .

Risk 55

Risk Machine Learning Risk Management Measurement 55