Cloudera

MARCH 2, 2018

For example, applying machine learning to wind forecasting is expected to reduce uncertainty in wind energy production by more than 45% and will allow utilities to integrate wind more easily with traditional forms of power supply.

Data-driven 43

Data-driven Prescriptive Analytics Descriptive Analytics Machine Learning 43

CIO Business Intelligence

OCTOBER 10, 2022

The company also wanted to improve forecasting accuracy by harnessing the power of intelligent technologies. FHCS integrated its landscape built on SAP ERP and SAP Business Warehouse with specialized forecasting in SAP Integrated Business Planning (IBP). This hampered the company from having an enterprise-wide view.

Enterprise 52

Enterprise Forecasting Descriptive Analytics Digital Transformation 52

datapine

MARCH 25, 2022

While BI tells you what has happened in the past and what is happening now (descriptive analytics), BA tells you what will happen in the future (predictive analytics). Descriptive analytics : As its name suggests, this analysis method is used to describe and summarize the main characteristics found on a dataset.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smart Data Collective

MARCH 11, 2022

Companies frequently use analytical tools to gather customer data from across the organization and provide important insights. This technology is growing in importance. Market analysts project that companies around the world will spend over $47 billion on customer journey analytics by 2030. Customer Experience Analytics.

Customer Analytics 119

Customer Analytics Analytics Key Performance Indicator Big Data 119

BizAcuity

MARCH 31, 2022

The widespread adoption of AI technology is fueled by 3 major challenges that businesses have been facing since the last decade. Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Domino Data Lab

JUNE 2, 2019

Because of anxieties and misunderstandings around the HIPPO (highest paid person’s opinion), who may have little understanding about technology and use cases. Randi Ludwig , a data science leader at Dell Technologies, captured these zen k?ans Because reasons. Because of bad culture. Bad things happen this way. That may take a while.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Rocket-Powered Data Science

OCTOBER 6, 2023

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. Cognitive analytics is basically the opposite of descriptive analytics. Pay attention!

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Jet Global

MAY 1, 2023

BI is a set of independent systems (technologies, processes, people, etc.) In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future. It’s all about context.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52