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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 billion by 2030. Just starting out with analytics?

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You Can Optimize GPT If You Understand its Limitations!

Smarten

GPT, or Generative Pre-Trained Transformer, is a Large Language Model (LLM). GPT-4 has a capacity of more than 175 billion machine learning parameters, and can support many types of tasks, e.g., answering questions, providing machine translation, summarizing text, time series forecasting, etc. Contact Us to find out more.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes. It is frequently used for economic and sales forecasting. Data analytics examples.

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iVEDiX Inc. Extends Alliance with insightsoftware to Deliver Best-in-Class Support For Longview Analytics Customers in North America

Jet Global

In today’s digital transformation environment, companies need their solutions to evolve with them and enable real-time insight throughout an organization. iVEDiX has delivered brilliantly curated digital solutions for some of the world’s most progressive organizations. Visit insightsoftware.com for more information.

IoT 80
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Trending Technologies for BI & Financial Planning and AnalysisMaking AI Real (Part 2)

Jedox

Part one of our blog series explored how people are the driving force behind the digital transformation and how it is fueled by artificial intelligence and machine learning. Modern-day forecasting, for example, relies heavily on predictive analysis. Types of Artificial Intelligence: Machine Learning, Deep Learning.

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AI in commerce: Essential use cases for B2B and B2C

IBM Big Data Hub

They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions. And these technologies provide brands with intelligent tools, enabling more productivity and efficiency than was possible even five years ago.

B2B 64
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Covid-19 Accelerates The Need for Retail, Manufacturing Supply Chains To Adapt

Cloudera

What they have learned is that often their legacy Machine Learning models (e.g. demand forecasting) based solely on historical transaction data – really missed the mark. Much of the changes we’re seeing from retail and consumer goods leaders in terms of impact are centered around the use of data and analytics.