IBM Big Data Hub

AUGUST 7, 2023

This article, part of the IBM and Pfizer’s series on the application of AI techniques to improve clinical trial performance, focuses on enrollment and real-time forecasting. The ability to seize these advantages is one way that pharmaceutical companies may be able to gain sizable competitive edge.

Optimization 60

Optimization Forecasting Data-driven Strategy 60

CIO Business Intelligence

APRIL 11, 2024

IDC Kuwait CIO Summit 2024, the event for ITDMs organized by IDC will showcase how IT leaders are prepared to explore the reality of ‘The Future of IT: Rethinking Digitalization for an AI Everywhere World’ on May 13th. How do CIOs position themselves as great agents of change in their organizations? billion USD by 2024.

Technology 115

Technology Digital Transformation Forecasting Strategy 115

AWS Big Data

MAY 4, 2023

Encored develops machine learning (ML) applications predicting and optimizing various energy-related processes, and their key initiative is to predict the amount of power generated at renewable energy power plants. This event-based pipeline triggers a customized data pipeline that is packaged in a container-based solution.

Data-driven 52

Data-driven Technology Cost-Benefit Machine Learning 52

IBM Big Data Hub

DECEMBER 19, 2023

As organizations collect larger data sets with potential insights into business activity, detecting anomalous data, or outliers in these data sets, is essential in discovering inefficiencies, rare events, the root cause of issues, or opportunities for operational improvements. But what is an anomaly and why is detecting it important?

Machine Learning 72

Machine Learning Optimization Unstructured Data Sales 72

IBM Big Data Hub

DECEMBER 18, 2023

Urban planning Governments use GIS data and GIS-based solutions for urban planning: zoning and land use projects, natural disaster and health event response, roadway system and building design, utility distribution, energy production, and waste and resource management.

Internet of Things 106

Internet of Things IoT Forecasting Visualization 106

CIO Business Intelligence

FEBRUARY 10, 2023

With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future. Energy: Forecast long-term price and demand ratios. Forecast financial market trends.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

BizAcuity

FEBRUARY 15, 2019

Sales Analytics is used to determine the success of the previous sales drive and forecast in addition to determine how future sales will fare. Sales Analytics in Event Industry – A Perspective View. By monitoring engagement data on real time activity dashboards, event managers can see how things are shaping up across the events.

Sales 67

Sales Analytics B2B ROI 67

CIO Business Intelligence

FEBRUARY 13, 2024

Recent breakthroughs in generative AI (GenAI) are reshaping the technological landscape at an unprecedented rate, and IDC forecasts that annual worldwide spending on AI-centric systems will exceed 300 billion USD by 2026. So, what CIOs can expect from the two-day event?

Data Processing 98

Data Processing Forecasting Risk Optimization 98

Rita Sallam

APRIL 2, 2023

Extreme weather events and their devastating impacts are more frequent and severe, but which populations are most affected? Are there mitigation strategies that show reasons for optimism? The results showing the impact of flooding, predictions for the future and reasons for optimism were fascinating.

Optimization 52

Optimization Machine Learning Insurance Risk 52

IBM Big Data Hub

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

CIO Business Intelligence

MARCH 18, 2024

Firms are using smart sensors and drones, cloud technologies, ERP tools, and forecasting models to optimize supply chains and drive innovation. Companies use websites, digital platforms and social media to share information with communities, and some are also using mobile apps and organizing virtual events.

Manufacturing 119

Manufacturing Forecasting Technology Software 119

CIO Business Intelligence

NOVEMBER 20, 2023

Sales optimization In sales, AI can provide account reps with the information they need to close deals. Hotels could dynamically adjust room rates based on traffic forecasts, weather conditions, and events in the area. Supply chain logistics Optimizing supply chains is a daunting task because of the number of variables involved.

Sales 131

Sales Cost-Benefit Manufacturing Forecasting 131

The Unofficial Google Data Science Blog

APRIL 17, 2017

by ERIC TASSONE, FARZAN ROHANI We were part of a team of data scientists in Search Infrastructure at Google that took on the task of developing robust and automatic large-scale time series forecasting for our organization. So it should come as no surprise that Google has compiled and forecast time series for a long time.

Forecasting 83

Forecasting Modeling Statistics Uncertainty 83

CIO Business Intelligence

MARCH 22, 2022

Two groups of researchers are already using Nvidia’s Modulus AI framework for developing physics machine learning models and its Omniverse 3D virtual world simulation platform to forecast the weather with greater confidence and speed, and to optimize the design of wind farms.

Modeling 144

Modeling Machine Learning Forecasting Optimization 144

AWS Big Data

MARCH 21, 2024

You also need longer-term access to this data for machine learning (ML) models to run predictive maintenance assessments, find optimization opportunities, and forecast demand. Store events in Amazon S3 Now you store all the raw event data in an Amazon Simple Storage Service (Amazon S3) data lake for analytics.

Data Lake 94

Data Lake Management Modeling Optimization 94

Jen Stirrup

APRIL 16, 2024

Today’s post is a summit roundup with highlights from Day 1 of the event. ” Artificial Intelligence and Data: The Fuel for Green Hydrogen's Growth To optimize the production and supply chain of green hydrogen, stakeholders at the summit underlined the need for comprehensive data collection and analysis.

Data Processing 57

Data Processing Data-driven Optimization Forecasting 57

DataRobot

JANUARY 25, 2022

While a daunting prospect, time series can help solve these problems using demand forecasting and anomaly detection models. Demand forecasting allows companies to optimize the operations of their essential business units, resulting in straightforward capacity planning, inventory allocation, and product replenishment. The result?

Forecasting 52

Forecasting Cost-Benefit Data-driven Modeling 52

CIO Business Intelligence

JANUARY 12, 2023

Heading into 2020, there were plenty of predictions about the year ahead (not to mention detailed business plans, economic forecasts, scheduled events, and so on)—and all were rendered worthless by the pandemic. However, with all that said, I do think it’s clear that some current trends are under way that will continue in 2023.

Digital Transformation 122

Digital Transformation Interactive Forecasting Software 122

IBM Big Data Hub

FEBRUARY 14, 2024

They can also help businesses predict future events and understand why past events occurred. By infusing AI into IT operations , companies can harness the considerable power of NLP, big data, and ML models to automate and streamline operational workflows, and monitor event correlation and causality determination.

Cost-Benefit 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

Smart Data Collective

SEPTEMBER 30, 2021

With climate change on the rise, more severe weather events such as drought are becoming more prevalent. Optimization of Electric Vehicle Charging. One particular company, Watershed, hopes to be able to build a tool in which raw data can yield insight and concrete actions in which carbon emissions are reduced. Wildlife Conservation.

Machine Learning 121

Machine Learning Cost-Benefit Optimization Forecasting 121

CIO Business Intelligence

JULY 5, 2022

Predictive analytics is the use of techniques such as statistical modeling, forecasting, and machine learning to make predictions about future outcomes. The suite of tools included a digital value stream map, safety stock optimizer, inventory corridor report, and planning cockpit. What are the benefits of business analytics?

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

Cloudera

JANUARY 5, 2021

In today’s retail environment, retailers realize that building demand forecasts simply based upon historical transaction, promo, and pricing data alone is not good enough. Website Operations —Analyze website operations to improve efficiencies in order fulfillment service levels, optimize delivery options offered.

Forecasting 90

Forecasting Cost-Benefit Sales Unstructured Data 90

CIO Business Intelligence

NOVEMBER 14, 2022

These DSS include systems that use accounting and financial models, representational models, and optimization models. These models are used to establish relationships between events and factors related to that event. Optimization analysis models. Forecasting models. Model-driven DSS. Sensitivity analysis models.

Data mining 144

Data mining Data-driven Statistics OLAP 144

IBM Big Data Hub

DECEMBER 4, 2023

It empowers businesses in their sales planning, budgeting and forecasting processes.   Adoption barriers  The steep learning curve associated with planning tools can restrict overall adoption and hinder their effective use in supporting budgeting, investments and forecasting planning. . 

Forecasting 51

Forecasting Finance Optimization Marketing 51

CIO Business Intelligence

NOVEMBER 8, 2023

As per a recent study, approximately 35% of organizations need help to optimize their increased costs in cloud management and security. Hence, they are focused on the need to optimize operational spending across two domains. Learn more To learn more about how Zscaler can secure your workloads, please register for our upcoming event.

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

Smart Data Collective

APRIL 21, 2022

They also are optimizing nontraditional investment decisions. This is why it is a good idea to use big data to optimize your trades. Global Events. Oracle has a report on how predictive analytics helps make these forecasts. They aren’t just using data to make better stock trades. CFD Is Different than Forex.

Big Data 99

Big Data Finance Marketing Optimization 99

CIO Business Intelligence

JUNE 2, 2022

Among the hot technologies, artificial intelligence and machine learning — a subset of AI that that makes more accurate forecasts and analysis as it ingests data — continue to be of high interest as banks keep a strong focus on costs while trying to boost customer experience and revenue. Gartner highlights AI trend in banking.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

Cloudera

AUGUST 3, 2021

Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed. The last eighteen months is causing supply chain forecasters to rethink the definition and incorporate risk into the planning process. .

Analytics 107

Analytics Digital Transformation Risk Forecasting 107

IBM Big Data Hub

JUNE 30, 2023

However, maintenance inventory optimization is only part of the solution. safety equipment, parts for trucks, and raw materials for infrastructure), weather events, customer demand levels, and logistics can help prevent disruption in operations, too. Optimize spares inventories and consolidates across regions and distribution centers.

Consulting 65

Consulting B2B IoT Optimization 65

Smarten

SEPTEMBER 28, 2022

Using these techniques, the organization can predict future events, customer buying behaviors, and business outcomes. Plan and forecast accurately.’. Predictive Analytics utilizes various techniques including association, correlation, clustering, regression, classification, forecasting and other statistical techniques.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

IBM Big Data Hub

JULY 19, 2023

The exponential leap in generative AI is already transforming many industries: optimizing workflows , helping human teams focus on value added tasks and accelerating time to market. Supply Chain: Demand forecasting, supply chain optimization, risk assessment and mitigation. Why IBM Consulting for generative AI on AWS?

Consulting 65

Consulting Machine Learning Manufacturing Optimization 65

CIO Business Intelligence

MAY 12, 2022

Most tools offer visual programming interfaces that enable users to drag and drop various icons optimized for data analysis. Companies that need forecasting can produce forward-looking reports that depend on any mixture of statistics and machine learning algorithms, something SAS calls “composite AI.”

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

Smart Data Collective

JULY 26, 2023

You may manage a product launch, plan an event, or run a marketing campaign. It tracks inventory levels, manages stock replenishment, handles purchase orders, and generates sales forecasts. A precise inventory view avoids stockouts, prevents overstocking, and optimizes supply chain operations.

Data-driven 74

Data-driven Management Sales Big Data 74

AWS Big Data

MARCH 25, 2024

They can perform a wide range of different tasks, such as natural language processing, classifying images, forecasting trends, analyzing sentiment, and answering questions. For example, in a chatbot, data events could pertain to an inventory of flights and hotels or price changes that are constantly ingested to a streaming storage engine.

Data Lake 88

Data Lake Unstructured Data Management Modeling 88

IBM Big Data Hub

FEBRUARY 13, 2024

Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

IBM Big Data Hub

MARCH 8, 2024

Today, 45% of networks worldwide are 5G compatible, with that number forecasted to rise to 85% by the end of the decade according to a recent report by Ericsson (link resides outside ibm.com). The initiative was a success, and 5G networks began to grow swiftly in the ensuing years.

IoT 108

IoT Broadcasting Internet of Things Technology 108

IBM Big Data Hub

OCTOBER 30, 2023

IBM and AWS partnership focuses on delivering solutions in areas like: Supply chain optimization with AI-infused Planning Analytics IBM Planning Analytics on AWS offers a powerful platform for supply chain optimization, blending IBM’s analytics expertise with AWS’s cloud capabilities.

Insurance 86

Insurance Data Warehouse Data-driven Unstructured Data 86