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Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

We no longer should worry about “managing data at the speed of business,” but worry more about “managing business at the speed of data.”. One of the primary drivers for the phenomenal growth in dynamic real-time data analytics today and in the coming decade is the Internet of Things (IoT) and its sibling the Industrial IoT (IIoT).

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Editorial Review of “Building Industrial Digital Twins”

Rocket-Powered Data Science

2) Streaming sensor data from the IoT (Internet of Things) and IIoT (Industrial IoT) become the source for an IoC (Internet of Context), ultimately delivering Insights-aaS, Context-aaS, and Forecasting-aaS. 3) The consistent emphasis on and elaboration of key DT value propositions, requirements, and KPI tracking.

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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

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. These are primarily forward-looking actionable (proactive) applications.

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Achieving Trusted AI in Manufacturing

Cloudera

Demand forecasting: AI can be used to forecast demand for products based on historical data, trends, and external factors such as weather, holidays, seasonality, and market conditions. Trusted AI begins with trusted data What resolves the data challenge and fuels data-driven AI in manufacturing?

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Shocking Amount of Data

Rocket-Powered Data Science

“While these ominous forecasts have now become a reality for our digitally drenched society, especially for the digital natives who have known no other experience, there is hope for a lifeline that we can grasp while swimming (or drowning) in that sea of data.

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Differentiating Between Data Lakes and Data Warehouses

Smart Data Collective

The market for data warehouses is booming. One study forecasts that the market will be worth $23.8 While there is a lot of discussion about the merits of data warehouses, not enough discussion centers around data lakes. We talked about enterprise data warehouses in the past, so let’s contrast them with data lakes.

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Smart Factories: Artificial Intelligence and Automation for Reduced OPEX in Manufacturing

DataRobot Blog

This “revolution” stems from breakthrough advancements in artificial intelligence, robotics, and the Internet of Things (IoT). As manufacturing plants start to inject autonomous machines into their day-to-day operations, there is a growing need to monitor these devices and forecast maintenance requirements before failure and downtime.