CIO Business Intelligence

JUNE 7, 2022

Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance. 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.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

CIO Business Intelligence

SEPTEMBER 19, 2023

Rolls-Royce has also found use for AI in predictive maintenance to improve the efficiency of jet engines and reduce the amount of carbon their planes produce, while also streamlining maintenance schedules through predictive analytics. Artificial Intelligence, Chatbots, IT Strategy, Predictive Analytics

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

CIO Business Intelligence

JUNE 1, 2022

Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . Just starting out with analytics? billion by 2030.

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

CIO Business Intelligence

JUNE 22, 2023

Organizations are also seeking more established IT skills such as predictive analytics, natural language processing, deep learning, and machine learning, says Mike Hendrickson, VP of tech and dev products at Skillsoft. Another area that will benefit from upskilling is AI ethics.

IT 106

IT Machine Learning Deep Learning Technology 106

Jedox

JULY 31, 2018

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. Advanced analytics responds to next-generation requirements. This is known as prescriptive analytics. advanced analytics.

Technology 44

Technology Prescriptive Analytics Machine Learning Business Intelligence 44

IBM Big Data Hub

FEBRUARY 14, 2024

Using machine learning (ML), AI can understand what customers are saying as well as their tone—and can direct them to customer service agents when needed. AIOps is one of the fastest ways to boost ROI from digital transformation investments. See what’s ahead AI can assist with forecasting.

Cost-Benefit 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually.

Machine Learning 79

Machine Learning Manufacturing Cost-Benefit Deep Learning 79