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The case for predictive AI

CIO Business Intelligence

According to Forrester , GenAI will have an average annual growth rate of 36% up to 2030, capturing 55% of the AI software market. It’s easy to think about these pieces of technology in two separate categories: one creates something new, the other forecasts future outcomes.

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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries. Did you know?

Big Data 275
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Minimizing Supply Chain Disruptions with Advanced Analytics

Cloudera

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 107
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Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

Not only have finance teams had to close companies’ books remotely, but they’ve also been required to provide the insight and information needed for some extremely complex decision-making, and continuously plan and forecast for events with little or no historical context. But there’s a balance to be struck.

Finance 98
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How OLAP and AI can enable better business

IBM Big Data Hub

Initially, they were designed for handling large volumes of multidimensional data, enabling businesses to perform complex analytical tasks, such as drill-down , roll-up and slice-and-dice. Early OLAP systems were separate, specialized databases with unique data storage structures and query languages.

OLAP 60
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Business process management (BPM) examples

IBM Big Data Hub

Through BPM, disparate data sources—including spend data, internal performance metrics and external market research—can be connected. Also, BPM provides real-time insights into compliance metrics and risk exposure, enabling proactive risk management and regulatory reporting.

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Buy Your Embedded Analytics and Empower Your End-Users With the Right Data

Jet Global

These costs are not always visible when companies plan for their analytics offering but can significantly impact production, scale, and the speed of bringing analytics to market. The challenge is collecting all that data into one place and making it understandable. Following along as we see why buying is better.