article thumbnail

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. Another way of saying this is: given some desired optimal outcome Y, what conditions X should we put in place.

article thumbnail

Achieving Trusted AI in Manufacturing

Cloudera

As we navigate the fourth and fifth industrial revolution, AI technologies are catalyzing a paradigm shift in how products are designed, produced, and optimized. But with this data — along with some context about the business and process — manufacturers can leverage AI as a key building block to develop and enhance operations.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

My top learning moments at Splunk.conf23

Rocket-Powered Data Science

From these data streams, real-time actionable insights can feed decision-making and risk mitigations at the moment of need. Such prescriptive capabilities can be more proactive, automated, and optimized, making digital resilience an objective fact for businesses, not just a business objective.

article thumbnail

P&G turns to AI to create digital manufacturing of the future

CIO Business Intelligence

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs.

article thumbnail

My top learning and pondering moments at Splunk.conf22

Rocket-Powered Data Science

release enables DevSecOps users to gain more insights from Observability data with Federated Search, with the ability to correlate ops with security alerts, and with Edge Management, all in one platform. My closing thought — Cybersecurity is basically Data Analytics: detection, prediction, prescription, and optimizing for unpredictability.

article thumbnail

Big Data Offers Tremendous Benefits to Business Intelligence Solutions

Smart Data Collective

Are you looking to use business intelligence to optimize business and security operations? Read on for an explanation and analysis of how business intelligence can leverage data to guide optimizing business and security operations. How BI Can Help To Optimize Business And Security Operations By Leveraging Building Data.

article thumbnail

Big Data Trends That Are Disrupting Management Maintenance

Smart Data Collective

Such technologies include Digital Twin tools, Internet of Things, predictive maintenance, Big Data, and artificial intelligence. Companies need to make the most out of their data resources, which includes collecting and processing them correctly. Big Data Offers Huge Benefits to Management Maintenance.

Big Data 137