article thumbnail

Innovative data integration in 2024: Pioneering the future of data integration

CIO Business Intelligence

In the age of big data, where information is generated at an unprecedented rate, the ability to integrate and manage diverse data sources has become a critical business imperative. Traditional data integration methods are often cumbersome, time-consuming, and unable to keep up with the rapidly evolving data landscape.

article thumbnail

Predictive Analytics Business Use Cases Ensure Results!

Smarten

Apply Predictive Analytics to Specific Business Use Cases for Real Results! Gartner has predicted that, ‘Overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’ Plan and forecast accurately.’. Plan and forecast accurately.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Predictive Analytics Use Case: Demand Planning!

Smarten

If a business wishes to optimize inventory, production and supply, it must have a comprehensive demand planning process; one that can forecast for customer segment growth, seasonality, planned product discounting or sales, bundling of products, etc. Predictive Analytics Using External Data. Customer Targeting.

article thumbnail

Data integration: The key to AI-supported planning systems

Jedox

In our previous blog post “ Proven AI solutions for modern planning “, we shared detailed insights from Dr. Rolf Gegenmantel, our Chief Marketing & Product Officer, into data management and data integration as a basis for advanced analytics and automated sales forecasts at Mitsui Chemicals Europe.

article thumbnail

What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning. Data analytics methods and techniques.

article thumbnail

What is Integrated Business Planning (IBP)?

IBM Big Data Hub

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.

article thumbnail

Proven AI solutions for modern planning

Jedox

The power of artificial intelligence (AI) lies within its ability to make sense of large amounts of data. For the increasing support of planning, budgeting and controlling processes through advanced analytics and AI solutions, powerful data management and data integration are an indispensable prerequisite.