IBM Big Data Hub

MAY 17, 2024

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. By using machine learning algorithms and big data analytics, AI can uncover patterns, correlations and trends that might escape human analysts.

B2B 67

B2B Interactive Optimization Forecasting 67

Jedox

JUNE 25, 2020

Forecasts are unreliable and quickly become outdated due to rapid changes and complexity of markets. To succeed in the age of Digital Transformation, companies must be able to make fast, data-based decisions. Planning directly in ERP systems quickly gets uncomfortable and functionally limited. Using new technologies and tools.

Technology 94

Technology Finance Cost-Benefit Forecasting 94

CIO Business Intelligence

FEBRUARY 16, 2023

That is the domain of AI and advanced analytics that serve a role beyond just insight and business optimization. The offensive side is how to generate revenue, all of the insights from the historical data that we have collected and, in fact, forecast the trends that are coming,” Iyengar says. The offensive side?

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Digital Transformation 105

Jedox

JULY 17, 2018

The digital transformation is redefining the world as we know it at a pace faster than most people could ever imagine. The demand for groundbreaking enterprise technologies leveraging artificial intelligence to enable the digital transformation is high.

Machine Learning 47

Machine Learning Technology Digital Transformation Predictive Analytics 47

IBM Big Data Hub

FEBRUARY 14, 2024

AIOps is one of the fastest ways to boost ROI from digital transformation investments. Process automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience.

Cost-Benefit 85

Cost-Benefit Insurance Unstructured Data Machine Learning 85

IBM Big Data Hub

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs.

Cost-Benefit 58

Cost-Benefit IoT Internet of Things Enterprise 58

BizAcuity

JUNE 3, 2022

Their seamless digital transformation included having to change the way they operated their stores. Optimizing inventory planning and distribution is getting trickier by the day under current market conditions. Current trends show retailers experimenting with emerging technologies like Predictive Analytics and IoT.

Data Analytics 59

Data Analytics Analytics Forecasting Predictive Analytics 59

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g., In smart factories, IIoT devices are used to enhance machine vision, track inventory levels and analyze data to optimize the mass production process.

Manufacturing 75

Manufacturing Technology Internet of Things Cost-Benefit 75

BizAcuity

MARCH 31, 2022

Marketers also have access to several AI softwares to save time and optimize their work at every step of the funnel. Content writing, copywriting, video analytics and customer reinvestment, all have AI applications now. Integrating IoT and route optimization are two other important places that use AI. AI in Finance.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Alation

MARCH 21, 2023

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. Some companies struggle to optimize their data’s value and leverage analytics effectively.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

IBM Big Data Hub

OCTOBER 20, 2023

This unified experience optimizes the process of developing and deploying ML models by streamlining workflows for increased efficiency. Decision optimization: Streamline the selection and deployment of optimization models and enable the creation of dashboards to share results, enhance collaboration and recommend optimal action plans.

Machine Learning 75

Machine Learning Manufacturing Cost-Benefit Deep Learning 75

Cloudera

FEBRUARY 8, 2021

You can read part 1, here: Digital Transformation is a Data Journey From Edge to Insight. Reporting – delivering business insight (sales analysis and forecasting, budgeting as examples). This is part 2 in this blog series.

Manufacturing 113

Manufacturing Data Warehouse Sales Predictive Analytics 113

Alation

JANUARY 27, 2022

Modern businesses are increasingly leveraging analytics for a range of use cases. Analytics can help a business improve customer relationships, optimize advertising campaigns, develop new products, and much more. As an organization embraces digital transformation , more data is available to inform decisions.

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52

Andrew White

JANUARY 11, 2021

For a time, I believed simulation was more useful a capability than optimization, at the time that larger firms were seeking optimization solutions. On end user clients calls, are you hearing a greater focus on use cases and greater need for prescriptive analytics, ex marketing analytics, sales analytics, healthcare, etc.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

NOVEMBER 7, 2023

The need for greater efficiency and more accurate forecasting led CFOs to re-evaluate the tools and processes on hand and their ability to overcome skills shortages and drive agility. Now, as we head into 2024, CFOs continue to seek balance and efficiency through digital transformation.

Finance 52

Finance Uncertainty Reporting Marketing 52