CIO Business Intelligence

JUNE 2, 2022

Among the hot technologies, artificial intelligence and machine learning — a subset of AI that that makes more accurate forecasts and analysis as it ingests data — continue to be of high interest as banks keep a strong focus on costs while trying to boost customer experience and revenue. Gartner highlights AI trend in banking.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

Jedox

MAY 17, 2022

Predictive analytics is a discipline that’s been around in some form since the dawn of measurement. We’ve always been trying to predict the future; go back in history to look at prognosticators like Nostradamus and many other prophets. A Brief History of Predictive Analytics. What is Predictive Analytics?

Predictive Analytics 81

Predictive Analytics Finance Forecasting Analytics 81

Smarten

APRIL 10, 2023

Leverage Enterprise Investments for Predictive Analytics and Gain Numerous Advantages! Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Why the focus on predictive analytics?

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

Smarten

MAY 31, 2022

When combined with Citizen Data Scientist initiatives, the adoption and use of predictive modeling and forecasting techniques can be a boon to any enterprise. Team members who have access to augmented analytics and assisted predictive modeling can plan better, predict more accurately and dependably meet goals and objectives.

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Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

Cloudera

APRIL 9, 2021

And this blog will focus on Predictive Analytics. Specifically, we’ll focus on training Machine Learning (ML) models to forecast ECC part production demand across all of its factories. Predictive Analytics – AI & machine learning. Reporting – data warehousing & dashboarding.

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

Smart Data Collective

NOVEMBER 25, 2020

Machine learning is transforming the financial sector more than anybody could have ever predicted. One of the most significant changes brought by advances in machine learning is with the loan underwriting process. Towards Data Science analyzed several dozen papers on the use of machine learning in loan scoring.

Machine Learning 144

Machine Learning Risk Predictive Analytics Forecasting 144

IBM Big Data Hub

JULY 6, 2023

While data science and machine learning are related, they are very different fields. In a nutshell, data science brings structure to big data while machine learning focuses on learning from the data itself. What is machine learning? This post will dive deeper into the nuances of each field.

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Machine Learning Data Science Statistics Deep Learning 62

Smart Data Collective

AUGUST 26, 2021

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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Forecasting Data Analytics Analytics IoT 130

Smart Data Collective

NOVEMBER 14, 2019

They have refined their data decision-making approaches to include new predictive analytics models to forecast trends and adapt to evolving customer behavior. They have developed analytics models to address looming changes in the dynamic industry. Time series models that attempt to forecast future variable behavior.

Predictive Analytics 79

Predictive Analytics Analytics Forecasting Modeling 79

Sisense

FEBRUARY 18, 2021

Predictions like those, indeed predictive analytics itself, rely on a deep understanding of the past and present, expressed by data. New to the idea of predictive analytics? Defining predictive analytics. Predictive analytics use data to create an outline of the future.

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Predictive Analytics Business Intelligence Analytics Manufacturing 66

Sisense

FEBRUARY 25, 2021

One of the most important applications of data is using it to forecast the future. This is where forecasting analytics can be a game-changer in the decision-making process. In a recent webinar , I talked about how one of our customers, a performance theater owner, uses predictive analytics.

Forecasting 52

Forecasting Analytics Predictive Modeling Machine Learning 52

CIO Business Intelligence

JANUARY 19, 2024

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. Candidates for the exam are tested on ML, AI solutions, NLP, computer vision, and predictive analytics.

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Data Science Machine Learning Predictive Modeling Experimentation 126

CIO Business Intelligence

APRIL 30, 2024

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

Forecasting 98

Forecasting Optimization Advertising IoT 98

Smart Data Collective

DECEMBER 5, 2019

In June, Aviation Today published a great article on the state of machine learning and AI in the airline industry. The article showed that machine learning and AI are helping the industry become more lucrative in the 21 st Century. Machine Learning is the Key to Saving the Ailing Airline Industry.

Machine Learning 65

Machine Learning Cost-Benefit Strategy Marketing 65

Smarten

MARCH 18, 2019

Data Science and Predictive Analytics Made Simple! Imagine a world where data science and predictive analytics tools are created for business users! Contact Us if you want an Advanced Analytics Solution that will support business users and enhance business results.

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Predictive Analytics Visualization Software Analytics 40

CIO Business Intelligence

JUNE 7, 2022

Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance. 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.

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Smart Data Collective

MAY 13, 2022

In addition, several enterprises are using AI-enabled programs to get business analytics insights from volumes of complex data coming from various sources. AI and machine learning. Before you can have AI-driven apps, you need to train a machine learning model to do the work. Takes advantage of predictive analytics.

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Business Analytics Analytics Unstructured Data Data-driven 134

CIO Business Intelligence

JULY 5, 2022

What are the benefits of business analytics? BI focuses on descriptive analytics, data collection, data storage, knowledge management, and data analysis to evaluate past business data and better understand currently known information. Business analytics techniques. Predictive analytics: What is likely to happen in the future?

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Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

O'Reilly on Data

MARCH 27, 2019

Watch highlights from expert talks covering AI, machine learning, data analytics, and more. Shafi Goldwasser explains why the next frontier of cryptography will help establish safe machine learning. Forecasting uncertainty at Airbnb. Watch " Forecasting uncertainty at Airbnb.".

Uncertainty 207

Uncertainty Forecasting Data-driven Machine Learning 207

Smarten

DECEMBER 17, 2018

Tools like Assisted Predictive Modeling allow the average business user to become a Citizen Data Scientist with tools that offer guidance and auto-suggestions to help the user arrive at the outcome they need without being frustrated or having to call in an army of analysts and IT staff to help them complete their analysis.

Predictive Analytics 40

Predictive Analytics Predictive Modeling Analytics Statistics 40

CIO Business Intelligence

JANUARY 15, 2024

Beyond boosting revenue, respondents gave plenty of other reasons to adopt AI in retail, including creating operational efficiencies (53% of respondents), improving the consumer experience (42%), improving decision making (37%), or yielding more accurate demand forecasting (21%).

Sales 105

Sales Software Forecasting Statistics 105

Rocket-Powered Data Science

MARCH 19, 2021

The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. One CIO said it this way , “If CIOs invested in machine learning three years ago, they would have wasted their money. But if they wait another three years, they will never catch up.”

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

IBM Big Data Hub

SEPTEMBER 19, 2023

Overview: Data science vs data analytics Think of data science as the overarching umbrella that covers a wide range of tasks performed to find patterns in large datasets, structure data for use, train machine learning models and develop artificial intelligence (AI) applications.

Data Science 87

Data Science Data Analytics Prescriptive Analytics Analytics 87

IBM Big Data Hub

FEBRUARY 19, 2024

Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

Strategy 90

Strategy Management Forecasting Cost-Benefit 90

Jedox

JULY 17, 2018

Many of us already profit from machine learning or artificial intelligence – often without even thinking about it. Finance in its new role, sitting at the center of data analytics, is increasingly expected to deliver the data-driven insights to guide company strategy.

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Machine Learning Technology Digital Transformation Predictive Analytics 46

Smarten

MARCH 7, 2024

Augmented Analytics with ALL Gartner Classified Essential Components AND Auto Insights Too! Users can easily understand data and apply correlation, classification, regression, or forecasting, or other appropriate technique(s) based on the data the user wishes to analyze.

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Analytics Predictive Modeling Machine Learning Visualization 67

DataRobot Blog

FEBRUARY 10, 2019

In the spirit of Valentine’s Day, let’s explore a fun little Relationship App quiz that forecasts how long your relationship will last. by Jen Underwood. Data from a Stanford University study, How Couples. Read More.

Machine Learning 66

Machine Learning Forecasting Predictive Analytics Data Science 66

Smart Data Collective

SEPTEMBER 27, 2021

This wouldn’t have been possible without new machine learning advances predicated on data technology. Analysis and Forecasting Markets with Modern Technology. One of the hardest parts of trading is predicting what will happen in the future with markets. When will a stock or commodity go up or down in price?

Big Data 108

Big Data Technology Forecasting Machine Learning 108

DataRobot

JULY 22, 2021

Using machine learning in conjunction with existing business intelligence solutions can give retailers and manufacturers a much more accurate and realistic insight into future demand, even in uncertain times. One global retailer reported that machine learning led to $400 million in annual savings and a 9.5

Manufacturing 52

Manufacturing Forecasting Machine Learning Data-driven 52

Smart Data Collective

JULY 9, 2023

Predictive Analytics for Conversion Rate Forecasting Predicting Customer Behavior with Historical Data You can predict customer behavior and adjust your strategies by analyzing historical data and identifying patterns.

Optimization 73

Optimization Data Analytics Analytics Data-driven 73

CIO Business Intelligence

SEPTEMBER 5, 2023

As a result, they’ve been able to generate 2,200 forecasts for 628 trucking lanes sampled from six U.S. By embracing machine learning and predictive analytics from SAP, it has been able to build predictive models for abnormal events based on sensor data and feed them into user-friendly dashboards and e-mail notifications.

Technology 105

Technology Predictive Modeling Predictive Analytics Forecasting 105

CIO Business Intelligence

JULY 20, 2023

From 250 such stores in 2021, the study forecasts the number to touch 12,000 by 2027. From big fashion brands to staples and grocery stores, every retailer is looking to apply algorithms to improve the bottom line, especially in the areas of omnichannel retailing, demand forecasting, and predictive analytics.

Technology 75

Technology Forecasting Advertising Machine Learning 75

Smart Data Collective

AUGUST 31, 2020

Predictive analytics models have proven to be remarkably effective with the stock futures market. One company that uses big data to forecast stock prices has found that its algorithms outperform similar forecasts by 26%. They build complex machine learning models that rely on numerous pieces of information.

Big Data 91

Big Data Forecasting Machine Learning Marketing 91

Jedox

FEBRUARY 13, 2020

For controlling, this means using predictive analytics to produce more forward-looking analyses and increasingly decision-relevant forecasts instead of focusing on past tense reports. This can be achieved with new tools from the fields of AI and machine learning. Automated sales forecast at Mitsui.

Forecasting 58

Forecasting Predictive Analytics Sales Data Integration 58

Cloudera

AUGUST 3, 2021

In summary, predicting future supply chain demands using last year’s data, just doesn’t work. Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed. Open source solutions reduce risk.

Analytics 107

Analytics Digital Transformation Risk Forecasting 107

CIO Business Intelligence

NOVEMBER 14, 2022

Decision intelligence seeks to update and reinvent decision support systems with a sophisticated mix of tools including artificial intelligence (AI) and machine learning (ML) to help automate decision-making. Forecasting models. These models are used for “what-if” analysis. Optimization analysis models. TIBCO Spotfire.

Data mining 144

Data mining Data-driven Statistics OLAP 144

datapine

AUGUST 14, 2019

Data science tools are used for drilling down into complex data by extracting, processing, and analyzing structured or unstructured data to effectively generate useful information while combining computer science, statistics, predictive analytics, and deep learning. offers many statistics and machine learning abilities.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214