Smart Data Collective

AUGUST 26, 2021

Instead, you’ve got access to a broad spectrum of valuable weather data right at your fingertips. As long as a user is connected to the internet, they can check the current weather, as well as 7-day or 14-day predictions using their smartphone or computer. These data-driven predictions also tend to be surprisingly accurate.

Forecasting 130

Forecasting Data Analytics Analytics IoT 130

Cloudera

AUGUST 3, 2021

In summary, predicting future supply chain demands using last year’s data, just doesn’t work. Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed.

Analytics 108

Analytics Digital Transformation Risk Forecasting 108

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

JULY 20, 2023

Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this. Few verticals have undergone as massive a change as retail in the last couple of years.

Technology 69

Technology Forecasting Advertising Machine Learning 69

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 105

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 105

IBM Big Data Hub

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. Drilling operations optimization : Drilling operations are complex and costly.

Technology 57

Technology Cost-Benefit Optimization Internet of Things 57

CIO Business Intelligence

FEBRUARY 14, 2023

By George Trujillo, Principal Data Strategist, DataStax Increased operational efficiencies at airports. Titanium Intelligent Solutions, a global SaaS IoT organization, even saved one customer over 15% in energy costs across 50 distribution centers , thanks in large part to AI. Instant reactions to fraudulent activities at banks.

Data Strategy 109

Data Strategy Strategy Machine Learning Data-driven 109

IBM Big Data Hub

JULY 27, 2023

It offers a holistic view, providing critical data about asset condition, location and efficiency. More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring.

Cost-Benefit 60

Cost-Benefit IoT Internet of Things Enterprise 60

CIO Business Intelligence

JUNE 16, 2022

Today, they run on data and that data is usually juggled, herded, curated, and organized by business process management (BPM) software. BPM tools help organizations create, execute, optimize, and monitor business processes. In the past, businesses were said to run on paper. Arrayworks. NewgenONE Digital Transformation Platform.

Management 109

Management Insurance Software Digital Transformation 109

Cloudera

SEPTEMBER 12, 2018

It’s a big week for us, as many Clouderans descend on New York for the Strata Data Conference. The week is typically filled with exciting announcements from Cloudera and many partners and others in the data management, machine learning and analytics industry. Two weeks ago, we announced the finalists.

Machine Learning 44

Machine Learning Big Data Data Science Data Warehouse 44

IBM Big Data Hub

JUNE 14, 2023

Evolving technologies and an increasingly globalized and digitalized marketplace have driven manufacturers to adopt smart manufacturing technologies to maintain competitiveness and profitability. These features use data from multiple machines simultaneously, automate processes and provide manufacturers more sophisticated analyses.

Manufacturing 77

Manufacturing Technology Internet of Things Cost-Benefit 77

AWS Big Data

MAY 16, 2024

In this post, we discuss how Amazon Redshift spatial index functions such as Hexagonal hierarchical geospatial indexing system (or H3) can be used to represent spatial data using H3 indexing for fast spatial lookups at scale. Navigating the vast landscape of data-driven insights has always been an exciting endeavor.

Data Warehouse 87

Data Warehouse Visualization Cost-Benefit Optimization 87

CIO Business Intelligence

MARCH 24, 2023

To keep pace, retailers require a strong digital core that delivers powerful data-driven insights while staying compliant, maintaining security, and preventing fraud. Digitally driven innovations such as automated self-checkouts, pick and go, and contactless payments are helping in making happy customers.

Machine Learning 91

Machine Learning IoT Data-driven Predictive Analytics 91

BizAcuity

MARCH 31, 2022

You must be tired of continuously hearing quotes like, ‘data is the new oil’ and what not. Combined, it has come to a point where data analytics is your safety net first, and business driver second. These industries accumulate ridiculous amounts of data on a daily basis. AI Adoption and Data Strategy. Source: TCS).

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

datapine

NOVEMBER 19, 2019

No matter if you need to conduct quick online data analysis or gather enormous volumes of data, this technology will make a significant impact in the future. There are a large number of tools used in AI, including versions of search and mathematical optimization, logic, methods based on probability and economics, and many others.

Technology 279

Technology Internet of Things IT IoT 279

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. The last 10+ years or so have seen Insurance become as data-driven as any vertical industry.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

IBM Big Data Hub

SEPTEMBER 11, 2023

On June 7, 1983, a product was born that would revolutionize how organizations would store, manage, process , and query their data: IBM Db2. Codd published his famous paper “ A Relational Model of Data for Large Shared Data Banks.” Over the past 40 years, Db2 has been on an exciting and transformational journey.

Machine Learning 91

Machine Learning Cost-Benefit IoT Data Warehouse 91

Cloudera

NOVEMBER 4, 2020

Here the insurance industry has a tremendous opportunity to leverage the data sourced from new technology to improve risk assessments and underwriting models – wearable tech such as fitness trackers and other smart devices, geo location, telematics. They’re not using the data to add insight into their customers profiles.

Insurance 111

Insurance Machine Learning Risk IoT 111

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. This is predictive power discovery. Or more simply: given X, find Y.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

datapine

NOVEMBER 27, 2019

Data exploded and became big. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361