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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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Yogurt maker stirs in SAP to boost its demand planning capability

CIO Business Intelligence

More than 120 ‘flavors’ to handle When your company is dealing with today’s volatile market, a variety of products, and a supply chain covering 120+ countries – each with its own rules and processes – demand planning, including forecasting, can get a bit gut-wrenching. Such was the case with Danone.

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What Are Rolling Forecasts?

Jedox

Rolling forecasts are a specific type of financial forecasting that use existing data to help predict aspects of business performance throughout the year. In this blog post, we explain what’s unique about this type of forecasting, how it works and why more and more companies are opting for rolling forecasts.

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Bringing an AI Product to Market

O'Reilly on Data

In this article, we turn our attention to the process itself: how do you bring a product to market? If you’re an AI product manager (or about to become one), that’s what you’re signing up for. Identifying the problem. Identifying the problem. Though these concepts may be simple to understand, they aren’t as easy in practice.

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Generative AI gold rush drives IT spending — with payoff in question

CIO Business Intelligence

Companies buying the marketing hype about the benefits of AI need to look for proofs of concept, added Mark McDonald, a distinguished vice president analyst at Gartner. While enterprises look to adopt AI, many software vendors will be flooding the market with AI-based products in the next two years, Lovelock suggested. growth in 2023.

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Understanding Demand Forecasting And Then Mastering It

BizAcuity

Additionally, with rapidly evolving market conditions, it has become vital for businesses to stay prepared and anticipate the future. To cater to these fast-changing market dynamics, the practice of demand forecasting began. The Need For Demand Forecasting. The Science Behind Demand Forecasting.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

Cognizant Technology Solutions announced a full-year revenue forecast below expectations. These developments, along with broader market reports, have cast a shadow over the growth prospects of the IT services sector. Significantly, this comes just as the entry of generative AI is prompting a shift in service delivery and consumption.

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