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Real-time artificial intelligence and event processing  

IBM Big Data Hub

By leveraging AI for real-time event processing, businesses can connect the dots between disparate events to detect and respond to new trends, threats and opportunities. AI and event processing: a two-way street An event-driven architecture is essential for accelerating the speed of business.

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Forecasting Future Events: The Capabilities and Limitations of AI and ML

KDnuggets

Have you ever wondered how fortune tellers, astrologers, or our well-known Baba Vanga used to predict future events? Or have you ever questioned whether AI and ML have the capabilities to predict future events as Baba Vanga did? For suppose if AI and ML have the capabilities, then up to how extent can it predict?

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Perform time series forecasting using Amazon Redshift ML and Amazon Forecast

AWS Big Data

Many businesses use different software tools to analyze historical data and past patterns to forecast future demand and trends to make more accurate financial, marketing, and operational decisions. Forecasting acts as a planning tool to help enterprises prepare for the uncertainty that can occur in the future.

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Is Data Analytics Ushering in the Modern Age of Weather Forecasting?

Smart Data Collective

Weather forecasting technology has grown from strength to strength in the last few decades. Gone are the days when you had to wait for the local news channel to share the weather forecasts for the next day. But if there’s one technology that has revolutionized weather forecasting, it has to be data analytics.

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insightsoftware Acquires Event 1 Software

Jet Global

. – July 16, 2020 – insightsoftware , a global provider of enterprise software solutions for the Office of the CFO, today announced it has acquired Event 1 Software , a provider of intelligent, Excel-based reporting solutions. About Event 1 Software. For more information about Event 1 Software, visit www.event1software.com.

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Reference guide to build inventory management and forecasting solutions on AWS

AWS Big Data

Forecasting is another critical component of effective inventory management. However, forecasting can be a complex process, and inaccurate predictions can lead to missed opportunities and lost revenue. However, forecasting can be a complex process, and inaccurate predictions can lead to missed opportunities and lost revenue.

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End-to-End Introduction to Handling Missing Values

Analytics Vidhya

This article was published as a part of the Data Science Blogathon Overview Data provides us with the power to analyze and forecast the events of the future. With each day, more and more companies are adopting data science techniques like predictive forecasting, clustering, and so on.