article thumbnail

MRO spare parts optimization

IBM Big Data Hub

Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms? Generative AI has the potential to deliver powerful support in key data areas: Master data cleansing to reduce duplications and flag outliers.

article thumbnail

Straumann Group is transforming dentistry with data, AI

CIO Business Intelligence

The next goal, with the aid of partner Findability Sciences, will be to build out ML and AI pipelines into an information delivery layer that can support predictive and prescriptive analytics. “As For that, he relied on a defensive and offensive metaphor for his data strategy. The offensive side? That takes its own time.

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

With the right Big Data Tools and techniques, organizations can leverage Big Data to gain valuable insights that can inform business decisions and drive growth. What is Big Data? What is Big Data? Other sectors such as banking, healthcare, and education also take advantage of big data.

article thumbnail

Decoding Data Analyst Job Description: Skills, Tools, and Career Paths

FineReport

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. The business department can view reports or update data fillings.

article thumbnail

Four starting points to transform your organization into a data-driven enterprise

IBM Big Data Hub

Regardless of size, industry or geographical location, the sprawl of data across disparate environments, increase in velocity of data and the explosion of data volumes has resulted in complex data infrastructures for most enterprises. The solution is a data fabric. Data governance.

article thumbnail

Understanding BI Tools in Today’s Market

Smarten

Without business intelligence, the enterprise does not have an objective understanding of what works, what does not work, and how, when and where to make changes to adapt to the market, its customers and its competition. BI tools leverage analytics and reporting, help the enterprise manage data and user access and plan for the future.

article thumbnail

Create an end-to-end data strategy for Customer 360 on AWS

AWS Big Data

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data.