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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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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO Business Intelligence

Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. It’s also about being able to capture the insights needed to better forecast energy consumption in the future.” Shanthakumar, Solution Architect – IoT, Retail Business Unit, TCS.

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New DoE Program Drives Demand For Machine Learning Programmers

Smart Data Collective

Machine learning is leading to numerous changes in the energy industry. The Department of Energy recently announced that it is taking steps to accelerate the integration of machine learning technology in energy research and development. Machine learning is already disrupting the global energy industry on a massive scale.

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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. Finally, we can use Amazon SageMaker to build forecasting models that can predict inventory demand and optimize stock levels.

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Innovative data integration in 2024: Pioneering the future of data integration

CIO Business Intelligence

Of late, innovative data integration tools are revolutionising how organisations approach data management, unlocking new opportunities for growth, efficiency, and strategic decision-making by leveraging technical advancements in Artificial Intelligence, Machine Learning, and Natural Language Processing. billion by 2025.

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Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

One CIO said it this way , “If CIOs invested in machine learning three years ago, they would have wasted their money. 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).

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The impact of AI on edge computing

CIO Business Intelligence

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1