Rocket-Powered Data Science
MARCH 19, 2021
One of the primary drivers for the phenomenal growth in dynamic real-time data analytics today and in the coming decade is the Internet of Things (IoT) and its sibling the Industrial IoT (IIoT). This article quotes an older market projection (from 2019) , which estimated “the global industrial IoT market could reach $14.2
Rocket-Powered Data Science
JULY 19, 2023
Accompanying the massive growth in sensor data (from ubiquitous IoT devices, including location-based and time-based streaming data), there have emerged some special analytics products that are growing in significance, especially in the context of innovation and insights discovery from on-prem enterprise data sources.
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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. Prescriptive analytics: What do we need to do? Simplilearn adds a fourth technique : Diagnostic analytics: Why is it happening? Kaiser Permanente streamlines operations.
IBM Big Data Hub
SEPTEMBER 19, 2023
Business users will also perform data analytics within business intelligence (BI) platforms for insight into current market conditions or probable decision-making outcomes. Many functions of data analytics—such as making predictions—are built on machine learning algorithms and models that are developed by data scientists.
Cloudera
AUGUST 25, 2020
Evaluating anomalies and unpredicted events like pandemics and ESG concerns. One of the key takeaways from recent times that should be considered into the future, is that banks need to rethink how they look at tail risk or extreme events that rarely happen. . To capture the importance of sequencing of events. .
CIO Business Intelligence
MAY 28, 2022
Foote reminded CIOs that demand is not the only thing affecting the pay premium commanded by these skills: There may also be changes in supply, as more workers pick up the skills they see paying the biggest premiums or are encouraged by aggressive vendor marketing to pursue particular training programs.
Rocket-Powered Data Science
MARCH 10, 2020
Entities are the nodes in the graph — these can be people, events, objects, concepts, or places. Consider this marketing attribution use case: person A sees the marketing campaign, person A talks about it on their social media account, person B is connected to person A and sees the comment, and subsequently person B buys the product.
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