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Perform time series forecasting using Amazon Redshift ML and Amazon Forecast

AWS Big Data

Amazon Redshift is a fully managed, petabyte-scale data warehouse service in the cloud. Tens of thousands of customers use Amazon Redshift to process exabytes of data every day to power their analytics workloads. Forecasting acts as a planning tool to help enterprises prepare for the uncertainty that can occur in the future.

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

A DSS supports the management, operations, and planning levels of an organization in making better decisions by assessing the significance of uncertainties and the tradeoffs involved in making one decision over another. The size of the DSS database will vary based on need, from a small, standalone system to a large data warehouse.

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Disrupt and Innovate in a Data-Driven World

Cloudera

The private sector already very successfully uses data analytics and machine learning not only to realise efficiency gains but also – even more importantly – to create completely new services and business models.

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Make Faster, More Accurate Forecasts with Automation

Jet Global

In periods of economic uncertainty, financial planning and analysis (FP&A) teams become more important than ever. Organizations depend on FP&A teams to provide accurate forecasts that enable continued success. For example, an initial forecast is set for four quarters of a year.

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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. The Construction Products Association’s (CPA) Autumn Forecast predicts the construction market in the UK will fall by 3.9% trillion worldwide by 2030.

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Demand Planning and Forecasting: The Key to Supply Chain Challenges

Jet Global

Factory shutdowns, shipping bottlenecks, and shortages of raw materials have led to substantial uncertainty for businesses seeking to address the vicissitudes of supply-side availability. The “What” and “Why” of Demand Planning and Forecasting. Demand forecasting is about predicting potential spikes or troughs in demand.

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2023’s Top Trends for Finance Teams in Europe, the Middle East, and Africa

Jet Global

Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA. The State of Finance in EMEA Finance teams worldwide have been deeply impacted by market uncertainty. In a market defined by uncertainty, automation helps to bridge efficiency gaps.

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