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The case for predictive AI

CIO Business Intelligence

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.

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

datapine

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.

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. Open source solutions reduce risk.

Analytics 109
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Tackling changed requirements with comprehensive modernization

BI-Survey

Although many initiatives have already been realized around planning and forecasting in recent months, too many were just short-term fixes that did not bring the significant and lasting improvements required. This study examined the contribution modern planning and forecasting can make to corporate management. Are there better methods?

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The Impact of Healthcare BI Tools on Decision-Making and Patient Care

FineReport

Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization. Through real-time data analysis and predictive insights, clinicians can tailor treatment approaches to individual patient requirements, fostering a personalized approach to care delivery.

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How Encored Technologies built serverless event-driven data pipelines with AWS

AWS Big Data

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. The amount of data and the number of power plants they need to collect data are rapidly increasing over time.

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Exploring real-time streaming for generative AI Applications

AWS Big Data

Foundation models (FMs) are large machine learning (ML) models trained on a broad spectrum of unlabeled and generalized datasets. They can perform a wide range of different tasks, such as natural language processing, classifying images, forecasting trends, analyzing sentiment, and answering questions.