article thumbnail

AES enlists AI to boost its sustainable energy business

CIO Business Intelligence

based company, which claims to be the top-ranked supplier of renewable energy sales to corporations, turned to machine learning to help forecast renewable asset output, while establishing an automation framework for streamlining the company’s operations in servicing the renewable energy market. To achieve that, the Arlington, Va.-based

IT 107
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

Trendforce forecasts that starting in 2024, the demand for AI development and software services will significantly increase, alongside the growth of edge computing AI servers using mid-range GPUs and FPGAs. These actions resulted in a reduction in overall headcount.

article thumbnail

How an EPM Solution Supports Managing Economic Uncertainty

Jedox

Dean Boyer as a guest to the Jedox Blog for our series on “Managing Uncertainty” Mr. Boyer is a Director of Technology Services at Marks Paneth LLP, a premier accounting firm based in the United States. He shares his expertise on how an EPM solution supports managing economic uncertainty, particularly in times of crisis.

article thumbnail

Easily Build an Optimization App and Empower Your Data

Speaker: Gertjan de Lange

If the last few years have illustrated one thing, it’s that modeling techniques, forecasting strategies, and data optimization are imperative for solving complex business problems and weathering uncertainty. Don't let uncertainty drive your business. Uncover how an interactive web application can be built on top of your model.

article thumbnail

IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Cognizant Technology Solutions announced a full-year revenue forecast below expectations. Consequently, the qualities and skills sought in employees are evolving.

IT 82
article thumbnail

Why Rolling Forecasts Are a “Must”!

Jet Global

In periods of great uncertainty, organizations forecast more frequently in the hope that it will give them a better handle on their trading prospects, levels of activity, and resources needed for the coming months. The forecasting wheel is turning faster and faster, but the process hasn’t changed materially.