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MRO spare parts optimization

IBM Big Data Hub

These supplies include everything from large infrastructure items such as turbines, generators, transformers and heating, ventilation and air conditioning systems to smaller items like gears, grease and mops. regulations, undergoing digital transformation and the need for cost-cutting. Now, consider the just-in-case approach.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning.

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What Leaders Want: Shifting to AI-Driven Healthcare

DataRobot Blog

The message we’ve heard from attendees, loud and clear, is that the COVID-19 pandemic has enabled organizations to rapidly accelerate digital transformation and that there’s a strong mandate to maintain momentum. The push to predictive and prescriptive analytics requires strategy and C-Suite ownership.

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Automated Sales Forecasting with Predictive Analytics Making AI Real (Part 4)

Jedox

Fifty percent of global fp&a teams are looking to implement predictive analytics by 2020*, and seventy-two percent rate “Predictive Forecasting and Planning” as either “very important or “important” for their company**. Predictive Analytics for Sales Forecasting. Transforming Forecasting by Digitizing Human Expertise.

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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: 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.

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Four starting points to transform your organization into a data-driven enterprise

IBM Big Data Hub

The kind of digital transformation that an organization gets with data integration ensures that the right data can be delivered to the right person at the right time. From there, it can be easily accessed via dashboards by data consumers or those building into a data product. Start a trial. AI governance.

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A Guide to Data Analytics in the Travel Industry

Alation

What’s more, many companies struggle with rigid legacy technologies that increase the risk of a data breach. Otherwise, they risk a data privacy violation. How is data analytics used in the travel industry? Regulatory compliance Additionally, this PII is often highly regulated.