CIO Business Intelligence

FEBRUARY 10, 2023

The science of predictive analytics can generate future insights with a significant degree of precision. 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.

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Smarten

SEPTEMBER 14, 2018

Just Simple, Assisted Predictive Modeling for Every Business User! You can’t get a business loan, join with a business partner, successfully bid on a project, open a new location, hire the right employees or plan for the future without predictive analytics. No Guesswork!

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Smarten

MARCH 13, 2018

That may seem like a tall order but with the right business intelligence software, you can provide predictive analytics for business users, including assisted predictive modeling that walks users through the analytical process and allows them to achieve the best results without a sophisticated knowledge of data analytical techniques.

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Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity. About Smarten.

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Smarten

JUNE 26, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA Forecasting? Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series of errors. p: to apply autoregressive model on series.

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Smarten

AUGUST 5, 2022

Can Predictive Analytics Provide Accurate Results for My Business Without Burdening My Users? If your business is struggling to forecast and predict outcomes and results, your management team is probably considering predictive analytics. Understanding Assisted Predictive Modeling.

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Smarten

MAY 17, 2019

These are just some of the examples of use cases that effectively illustrate how your business can benefit from predictive analytics in real-world scenarios. The benefits of advanced analytics and assisted predictive modeling are too numerous to provide a complete list here. Predictive Analytics Using External Data.

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Smarten

APRIL 10, 2023

Investment in predictive analytics benefits everyone in the organization, including business users and team members, data scientists and the organization in general. Predictive analytics provides support for data-driven, fact-based decisions and enables insight, perspective and clarity for improved business agility and efficiency.

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CIO Business Intelligence

JULY 5, 2022

Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more. Business analytics also involves data mining, statistical analysis, predictive modeling, and the like, but is focused on driving better business decisions.

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Smarten

JULY 23, 2019

What is Predictive Analytics and How Can it Help My Business? What is predictive analytics? Put simply, predictive analytics is a method used to forecast and predict the future results and needs of an organization using historical data and a comprehensive set of data from across and outside the enterprise.

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CIO Business Intelligence

DECEMBER 11, 2023

For example, by tapping into real-time data with AI-enabled analytics, CFOs will be able to develop multiple scenarios for capital allocation, offering more forward-looking projections and more accurate forecasts. Artificial intelligence has already unlocked opportunities that most organizations never thought possible.

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Smarten

MARCH 7, 2024

Search Analytics is evolving at a rapid pace, and the concept of auto insights builds on the foundation of assisted predictive modeling and Clickless Analytics features, taking natural language processing (NLP) search analytics and predictive modeling to the next level.

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Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ It is meant to identify crucial relationships and opportunities and risks and help the organization to accurately predict: Growth.

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Smarten

SEPTEMBER 28, 2022

Gartner has predicted that, ‘Overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’ Predictive analytics uses sophisticated analytical methodologies to predict future outcomes based on historical data. Plan and forecast accurately.’. Customer Churn.

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IBM Big Data Hub

NOVEMBER 29, 2023

” No-code and low-code solutions for time series data exploration IBM introduced Downer to the realm where no-code and low-code solutions could build predictive models to provide faster insights. Downer was able to streamline modeling times with watsonx.ai In the realm of urban transportation, precision is pivotal.

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CIO Business Intelligence

JUNE 14, 2023

Certified Analytics Professional The Certified Analytics Professional (CAP) credential is a vendor- and technology-neutral analytics certification that certifies end-to-end understanding of the analytics process, from framing business and analytic problems to acquiring data, methodology, model building, deployment, and model lifecycle management.

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Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

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DataRobot

OCTOBER 19, 2021

By leveraging prediction and augmented decision-making, governments can address the needs of taxpayers proactively while quickly adapting to evolving circumstances. Many available forecasts provide less than four weeks notice at the state and county level. As these services have increased, so has the demand of constituent needs.

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CIO Business Intelligence

MARCH 22, 2022

Nvidia is hoping to make it easier for CIOs building digital twins and machine learning models to secure enterprise computing, and even to speed the adoption of quantum computing with a range of new hardware and software. Nvidia claims it can do so up to 45,000 times faster than traditional numerical prediction models.

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CIO Business Intelligence

SEPTEMBER 5, 2023

It could allow analytics to become even more predictive by using data in AI algorithms to identify trends and patterns long before they become obvious. As a result, they’ve been able to generate 2,200 forecasts for 628 trucking lanes sampled from six U.S. In other words, it’s never about the new technology itself.

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Jedox

MAY 17, 2022

What Predictive Analytics Cannot Forecast. Predictive Analytics Example in Finance. A Brief History of Predictive Analytics. No industry has attempted to do more with predictive analytics than the financial services industry. What is Predictive Analytics? What Predictive Analytics Cannot Forecast.

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Smart Data Collective

APRIL 21, 2022

This will as well ensure accuracy in forecasting power generation rates and respective grid adjustments. Effective production forecast. Apart from the reactive response, the IoT for renewable energy includes effective production forecasts and improves grid stability. Many industries are helping drive growth for the IoT.

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Smarten

JUNE 19, 2019

Encourage Data Literacy and Achieve Results with Assisted Predictive Modeling! If you want to include predictive analytics and forecasting in your planning process, there are numerous analytical techniques and algorithms at your disposal. In short, augmented analytics learning does not have to include years of study.

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IBM Big Data Hub

OCTOBER 5, 2022

Time matters too: your models must be quick to run, so analysis can be done before the assumptions are out-of-date. As such, planning becomes a continuous rolling activity as the lines between “plan”, “budget” and “forecast” are blurred. The first step is always the unconstrained demand plan.

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IBM Big Data Hub

APRIL 28, 2022

To truly understand the data fabric’s value, let’s look at a retail supply chain use case where a data scientist wants to predict product back orders so that they can maintain optimal inventory levels and prevent customer churn. That’s where the data fabric comes in. How does a data fabric impact the bottom line?

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Smarten

JUNE 19, 2019

Encourage Data Literacy and Achieve Results with Assisted Predictive Modeling! If you want to include predictive analytics and forecasting in your planning process, there are numerous analytical techniques and algorithms at your disposal. In short, augmented analytics learning does not have to include years of study.

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Smarten

MAY 14, 2019

If a business wishes to optimize inventory, production and supply, it must have a comprehensive demand planning process; one that can forecast for customer segment growth, seasonality, planned product discounting or sales, bundling of products, etc. Predictive Analytics Using External Data. Learn More: Demand Planning.

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DataRobot

SEPTEMBER 17, 2021

This information is powerful, but ultimately the grocer needs to decide how many mangos to order for that store, and the prediction doesn’t tell them exactly what to do. Stocking exactly the 2,700 mangos will lead to empty shelves and disappointed customers if the forecast underestimates demand. That is the ultimate decision.

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Smarten

JUNE 8, 2022

Predicting Demand. If a business wishes to optimize inventory, production and supply, it must have a comprehensive demand planning process; one that can forecast for customer segment growth, seasonality, planned product discounting or sales, bundling of products, etc. Analyzing Customer Churn. Anticipating Machine Maintenance Needs.

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Jedox

APRIL 16, 2020

What does your economic forecast look like for the foreseeable future? Most organizations lack the analytic maturity to be able to turn to their team of data scientists and have them build intelligent prescriptive models that easily light up the road to success. Forecast realistic outcomes. Turning Data into Insight.

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Smarten

NOVEMBER 14, 2017

Predictive Analytics for the Faint of Heart! Assisted Predictive Modeling , Predictive Analytics. They don’t want to have to try to unravel the complicated world of data analytics and be forced to choose forecasting techniques or predictive models. Plug n’ Play Predictive Analysis.

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Smarten

APRIL 17, 2018

How Can Assistive Predictive Modeling Help My Business Users? If you are wondering how and why predictive analytics software has expanded into the self-serve business user market, the reason is simple. Predictive Analytics Software should be easy to implement, easy to personalize and easy to use.

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Smarten

DECEMBER 15, 2017

Plug n’ Play Predictive Analysis for Accurate Forecasting! One very important capability is Put n’ Play predictive analysis. Assisted Predictive Modeling and predictive analysis tools should include sophisticated functionality in a simple environment that is easy for every business user.

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FineReport

APRIL 9, 2024

From advanced analytics to predictive modeling, the evolving landscape of business intelligence is revolutionizing how data is processed and leveraged for actionable insights. The latest trends in business intelligence are reshaping the way organizations utilize data to gain a strategic advantage.

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CIO Business Intelligence

JUNE 7, 2022

Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes. It is frequently used for economic and sales forecasting. What is data analytics? Data analytics tools.

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Smarten

SEPTEMBER 26, 2018

How Can My Business Use Assisted Predictive Modeling to Optimize Resources? There was a time, not so long ago, when predictive analysis, business forecasting and planning for results involved guesswork and lots of unscientific review of historical data.

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IBM Big Data Hub

MAY 17, 2024

AI models analyze vast amounts of data quickly and accurately. They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions. This includes trust in the data, the security, the brand and the people behind the AI.

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