AWS Big Data

FEBRUARY 1, 2023

This data is used in procuring devices’ inventory to meet Amazon customers’ demands. With data volumes exhibiting a double-digit percentage growth rate year on year and the COVID pandemic disrupting global logistics in 2021, it became more critical to scale and generate near-real-time data.

Optimization 52

Optimization Forecasting Data Lake Metadata 52

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

by THOMAS OLAVSON Thomas leads a team at Google called "Operations Data Science" that helps Google scale its infrastructure capacity optimally. ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

DataRobot Blog

DECEMBER 6, 2022

Savvy data scientists are already applying artificial intelligence and machine learning to accelerate the scope and scale of data-driven decisions in strategic organizations. Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

IBM Big Data Hub

JULY 25, 2023

Smart grids turn this model on its head. Communication networks: The backbone of any smart grid, communication networks facilitate the transmission of data between various components, including sensors, automated devices and control centers. Software and analytics: Smart grids generate massive amounts of data.

Optimization 63

Optimization Technology Measurement Cost-Benefit 63

Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Global companies spent over $92.5 Here’s why.

Data-driven 104

Data-driven Cost-Benefit Data mining Big Data 104

Cloudera

DECEMBER 20, 2022

Efficient use of data will therefore be critical to improving the competitiveness and productivity of assets, both traditional and renewable generation. Data efficiency in renewables. Effective use of data can have a direct impact on the cash flow of wind and solar generation companies in areas such as real-time decision making.

Optimization 81

Optimization Data Analytics Analytics Cost-Benefit 81

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

IBM Big Data Hub

JANUARY 22, 2024

Data centers are undergoing significant evolution. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective.

Data-driven 112

Data-driven Forecasting Consulting Marketing 112

CIO Business Intelligence

OCTOBER 16, 2023

Predictive AI uses advanced algorithms based on historical data patterns and existing information to forecast outcomes to predict customer preferences and market trends — providing valuable insights for decision-making. It leverages techniques to learn patterns and distributions from existing data and generate new samples.

Forecasting 134

Forecasting Machine Learning Software Data-driven 134

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. from 2022 to 2028.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions.

Data mining 142

Data mining Data-driven Statistics OLAP 142

DataKitchen

DECEMBER 9, 2022

ChatGPT> DataOps, or data operations, is a set of practices and technologies that organizations use to improve the speed, quality, and reliability of their data analytics processes. The goal of DataOps is to help organizations make better use of their data to drive business decisions and improve outcomes.

Machine Learning 130

Machine Learning Data-driven Optimization Modeling 130

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. Retailers and manufacturers that incorporate AI in supply chain management greatly enhance their ability to forecast demand, manage inventory, and optimize price.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

IBM Big Data Hub

MAY 17, 2024

Poorly run implementations of traditional or generative AI in commerce—such as models trained on inadequate or inappropriate data—lead to bad experiences that alienate consumers and businesses. This includes trust in the data, the security, the brand and the people behind the AI.

B2B 49

B2B Interactive Optimization Forecasting 49

CIO Business Intelligence

DECEMBER 11, 2023

It will strengthen and improve the veracity of financial data, and, most importantly, it will help CFOs take a more active role in value creation. Going even further, some of the most progressive finance teams are incorporating sensor-based IoT data from plants, factories, and even trucking fleets to prioritize capital expenditures.

Finance 104

Finance Forecasting IoT Predictive Modeling 104

AWS Big Data

JULY 13, 2023

Altron is a pioneer of providing data-driven solutions for their customers by combining technical expertise with in-depth customer understanding to provide highly differentiated technology solutions. This is a guest post co-authored by Jacques Steyn, Senior Manager Professional Services at Altron Group.

Optimization 91

Optimization B2B Data Quality Sales 91

AWS Big Data

MAY 4, 2023

Encored develops machine learning (ML) applications predicting and optimizing various energy-related processes, and their key initiative is to predict the amount of power generated at renewable energy power plants. It allows for efficient data storage and transmission, as well as easy manipulation of the data using specialized software.

Data-driven 52

Data-driven Technology Cost-Benefit Machine Learning 52

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. Another way of saying this is: given observed data X, we can predict some outcome Y.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. This results in growing competitive pressure, driven by innovation, complexity and changing social and political conditions. Digitalization is a key driver in this respect.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. This results in growing competitive pressure, driven by innovation, complexity and changing social and political conditions. Digitalization is a key driver in this respect.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

CIO Business Intelligence

APRIL 5, 2022

For some, leveraging data and analytics tools is proving to be an effective way to address the challenges. Here’s how three organizations are succeeding at using data analytics to improve supply chain operations. Supply chain woes continue to plague organizations around the world and in virtually all sectors.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

Jet Global

APRIL 27, 2020

Any company worth its salt uses financial modeling to guide its financial planning and strategic decision-making. Financial modeling offers data-driven, quantitative analysis that tells you where your company stands and where it’s heading. But one model can’t do it all. What Is Financial Modeling?

Modeling 72

Modeling Forecasting Finance Visualization 72

IBM Big Data Hub

MAY 14, 2024

Through new approaches to financial management that incorporate generative AI , this advanced technology can help CFOs make more informed, data-driven decisions for their organization that can have major financial implications. New operating model, skills and competencies Generative AI is changing the way that we do business.

Finance 77

Finance Cost-Benefit Reporting Forecasting 77

Rocket-Powered Data Science

JULY 13, 2023

Data is more than just another digital asset of the modern enterprise. So, what happens when the data flows are not quarterly, or monthly, or even daily, but streaming in real-time? So, what happens when the data flows are not quarterly, or monthly, or even daily, but streaming in real-time? It is an essential asset.

Analytics 166

Analytics Machine Learning Data Science Deep Learning 166

DataRobot

OCTOBER 19, 2021

Many available forecasts provide less than four weeks notice at the state and county level. Additionally, these forecasts often miss surges in community transmission until it is too late to change course. Traditional predictive models do not account for anomaly detection on data reporting issues (e.g.,

Forecasting 98

Forecasting Predictive Modeling Optimization Testing 98

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? We explored these questions and more at our Bake-Offs and Show Floor Showdowns at our Data and Analytics Summit in Orlando with 4,000 of our closest D&A friends and family. What Data Did We Use? We did two Bake-Offs this year.

Optimization 52

Optimization Machine Learning Insurance Risk 52

IBM Big Data Hub

FEBRUARY 13, 2024

Demystifying generative AI At the heart of Generative AI lie massive databases of texts, images, code and other data types. This data is fed into generational models, and there are a few to choose from, each developed to excel at a specific task. Imagine training a generative AI model on a dataset of only romance novels.

Enterprise 128

Enterprise Modeling Testing Data-driven 128

IBM Big Data Hub

MAY 6, 2024

Optimize protocols using historical and synthetic data Complex and stringent protocols are notorious for delaying clinical trials and eroding patient engagement. Diving deep into historical trial data with a protocol complexity rating also reveals golden insights, especially around patient-centric elements.

Advertising 57

Advertising Data-driven Optimization Strategy 57

IBM Big Data Hub

NOVEMBER 29, 2023

AI and event processing: a two-way street An event-driven architecture is essential for accelerating the speed of business. Non-symbolic AI can be useful for transforming unstructured data into organized, meaningful information. This helps to simplify data analysis and enable informed decision-making.

Unstructured Data 94

Unstructured Data Data-driven ROI Machine Learning 94

Cloudera

JANUARY 30, 2024

As we navigate the fourth and fifth industrial revolution, AI technologies are catalyzing a paradigm shift in how products are designed, produced, and optimized. But with this data — along with some context about the business and process — manufacturers can leverage AI as a key building block to develop and enhance operations.

Manufacturing 79

Manufacturing Contextual Data IoT Digital Transformation 79

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. When a user sends a message, the system uses NLP to parse and understand the input, often by using DL models to grasp the nuances and intent. DL, a subset of ML, excels at understanding context and generating human-like responses.

Enterprise 108

Enterprise Interactive Data-driven Key Performance Indicator 108

CIO Business Intelligence

MAY 12, 2022

The tools include sophisticated pipelines for gathering data from across the enterprise, add layers of statistical analysis and machine learning to make projections about the future, and distill these insights into useful summaries so that business users can act on them. Visual IDE for data pipelines; RPA for rote tasks. Highlights.

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

Cloudera

APRIL 9, 2021

This blog series follows the manufacturing and operations data lifecycle stages of an electric car manufacturer – typically experienced in large, data-driven manufacturing companies. The first blog introduced a mock vehicle manufacturing company, The Electric Car Company (ECC) and focused on Data Collection.

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

IBM Big Data Hub

DECEMBER 4, 2023

This approach empowers organizations to utilize data-driven analytics, artificial intelligence (AI) and automation to make well-informed decisions swiftly and accurately, enabling them to navigate the complexities of the modern marketplace with agility and precision.     This is where autonomous planning shines.

Forecasting 51

Forecasting Finance Optimization Marketing 51

DataRobot

OCTOBER 18, 2021

Will consumer behavior change when inflexible data-driven AI systems are the norm? There is a wealth of research showing again and again that evidence-based algorithms are more accurate than forecasts made by humans. However, studies show that people’s attempts to adjust algorithmic forecasts often make the result worse.

Forecasting 145

Forecasting Digital Transformation Cost-Benefit Data-driven 145

IBM Big Data Hub

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Data integration and analytics IBP relies on the integration of data from different sources and systems.

Key Performance Indicator 86

Key Performance Indicator Forecasting Data Integration Sales 86

DataRobot

JANUARY 25, 2022

Time series projects are among the most challenging in the world of data science today. But for organizations striving to become AI-driven, understanding how to approach those projects is essential. While traditional modeling relies on classification, regression, and static data, the data for time series is far more fluid.

Forecasting 52

Forecasting Cost-Benefit Data-driven Data Science 52