Smart Data Collective

AUGUST 2, 2022

This figure is expected to grow as more companies recognize the potential and decide to increase the resources they dedicate to machine learning and predictive analytics tools. AI aids with digital transformation and software-defined vehicles. Global companies spent over $328 billion on AI last year.

Software 127

Software Machine Learning B2B Manufacturing 127

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., By collecting sensor data from equipment, digital twins can detect anomalies, identify potential problems, and provide insights on how to optimize production processes.

Manufacturing 72

Manufacturing Technology Internet of Things Cost-Benefit 72

CIO Business Intelligence

JULY 5, 2022

When Marcus Ericsson, driving for Chip Ganassi Racing, won the Indianapolis 500 in May, it was in a car equipped with more than 140 sensors streaming data and predictive analytic insights, not only to the racing team but to fans at the Brickyard and around the world. Analytics, Digital Transformation

Recreation/Entertainment 91

Recreation/Entertainment Predictive Analytics Digital Transformation Data-driven 91

CIO Business Intelligence

JULY 1, 2022

When Marcus Ericsson, driving for Chip Ganassi Racing, won the Indianapolis 500 in May, it was in a car equipped with more than 140 sensors streaming data and predictive analytic insights, not only to the racing team but to fans at the Brickyard and around the world. Analytics, Digital Transformation

Recreation/Entertainment 84

Recreation/Entertainment Predictive Analytics Digital Transformation Data-driven 84

Cloudera

JUNE 22, 2023

In spite of diligent digital transformation efforts, most financial services institutions still support a loose patchwork of siloed systems and repositories. The top-line benefits of a hybrid data platform include: Cost efficiency. If you build it yourself, will the value be there?

Cost-Benefit 66

Cost-Benefit Digital Transformation Data Governance Unstructured Data 66

BizAcuity

MARCH 31, 2022

More use-cases are being tried, tested and built everyday, the innovation in this field will not cease for the next few years. But AI platforms like TensorFlow, MS Azure and Google AI allow large sets of data to be used for training, testing, developing and deploying AI applications and algorithms. Artificial Intelligence Analytics.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Jet Global

MARCH 22, 2023

Of course, this figure assumes your analytics solution isn’t delayed and doesn’t require more resources, so there is considerable margin for error. Companies traditionally build their own analytics solutions when they: Have significant IT resources to build, test, correct, and maintain an analytics platform.

Analytics 52

Analytics Cost-Benefit Dashboards Visualization 52

CIO Business Intelligence

JULY 5, 2022

Managing decline in production through predictive analytics. Using this data, we have deployed multiple large-scale projects, including predictive analytics, model predictive control, and reservoir management, which have been scaled across multiple sites,” says Gupta. “The

IT 87

IT Dashboards Predictive Analytics Digital Transformation 87

Cloudera

MARCH 18, 2021

Continuous monitoring will be required, and banks will need to conduct back-testing to ensure accuracy. A machine learning ops framework that supports regular backtesting and P&L on attribution testing. A means of incorporating the risk of market illiquidity, including liquidity horizons that range from 10 to 250 days.

Risk 55

Risk Machine Learning Risk Management Measurement 55

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 101

IT Machine Learning Deep Learning Technology 101

Cloudera

JANUARY 14, 2021

The solution ingested and aggregated data from these temperature sensors with location and on-hand inventory data to predict, monitor, and respond to possible changes in perishable food products such as produce, dairy, and meat. Look for more of my insight into Retail’s digital transformation at this link.

Cost-Benefit 70

Cost-Benefit Digital Transformation Sales IoT 70

CIO Business Intelligence

JULY 4, 2022

Managing decline in production through predictive analytics. Using this data, we have deployed multiple large-scale projects, including predictive analytics, model predictive control, and reservoir management, which have been scaled across multiple sites,” says Gupta. “The

IT 74

IT Dashboards Predictive Analytics Digital Transformation 74

IBM Big Data Hub

JULY 26, 2023

The use of digital twins is one such innovation. In the era of digital transformation, digital twins are emerging as a potent solution to energy production challenges. In this context, a maintenance team would create a digital twin of a piece of equipment or machinery.

Technology 53

Technology Cost-Benefit Optimization Internet of Things 53

Sisense

OCTOBER 27, 2020

In The Future of Work , we explore how companies are transforming to stay competitive as global collaboration becomes vital. As companies digitally transform and become data-driven, each department and team needs to find its own ways to embrace data and insights to make smarter decisions. Strategic analytics.

People Analytics 74

People Analytics Analytics Cost-Benefit Key Performance Indicator 74

IBM Big Data Hub

FEBRUARY 14, 2024

AIOps is one of the fastest ways to boost ROI from digital transformation investments. Clean up with predictive maintenance AI can be used for predictive maintenance by analyzing data directly from machinery to identify problems and flag required maintenance. See what’s ahead AI can assist with forecasting.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

IBM Big Data Hub

JULY 17, 2023

” Raman Venkatraman, CEO of STL Digital Watsonx.data is truly open and interoperable. “Building on our already existing Netezza workloads… we’re excited to see how watsonx can help us drive predictive analytics, identify fraud and optimize our marketing.” Within the watsonx.ai

Machine Learning 63

Machine Learning Data Warehouse Modeling Cost-Benefit 63

datapine

MAY 9, 2019

All of this will help in designing specific marketing campaigns according to the target, or if they need to compare two points of sales when implementing A/B testing campaigns, in order to acquire new customers more efficiently. Plan successful marketing activities. Upscale your IT project management.

Business Intelligence 270

Business Intelligence Dashboards Data Warehouse Sales 270

Andrew White

JANUARY 11, 2021

Storytelling is a nice one to use early on to test the approach. 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. Yes, prescriptive and predictive analytics remain very popular with clients.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52