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.

Forecasting 129

Forecasting Data Analytics Analytics IoT 129

Jedox

JULY 30, 2020

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.

Forecasting 89

Forecasting Finance Marketing Sales 89

CIO Business Intelligence

FEBRUARY 12, 2024

How could any CIO or application manager resist the call to the cloud when companies started sharing the huge successes they were having with their migrations and overall digital transformations? Organizations with little or no cloud cost optimization plans rush into cloud technology investments,” according to Gartner.

Optimization 104

Optimization Cost-Benefit Reporting Digital Transformation 104

CIO Business Intelligence

NOVEMBER 18, 2022

But when not managed strategically in the long run, cloud spending can quickly escalate and impact margins, cost of goods sold (COGS), and cost of revenue (COR). To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). This strategy aligns well with the concept of a smart cloud.

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

IBM Big Data Hub

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization.

Forecasting 78

Forecasting Optimization Digital Transformation Risk 78

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. 3 Do they have Data Management Services as part of their portfolio?

Optimization 108

Optimization Cost-Benefit Consulting Strategy 108

Cloudera

DECEMBER 20, 2022

The move toward renewable energy has a distinct and significant impact on energy generation and distribution that needs to be carefully managed. With the right insights, energy production from renewable assets can be optimized and better predict the future of supply and demand. Intelligent network management.

Optimization 81

Optimization Data Analytics Analytics Cost-Benefit 81

CIO Business Intelligence

MAY 21, 2024

Epicor Grow AI applications include multiple capabilities such as inventory forecasting, AI generated sales orders from emails, personalized product suggestions based on order history, predictive maintenance recommendations for fleets, and more, within the context of familiar Epicor products.

Forecasting 114

Forecasting Predictive Analytics Machine Learning Data-driven 114

Smart Data Collective

FEBRUARY 9, 2022

Luckily, there are a few analytics optimization strategies you can use to make life easy on your end. Let’s dive right into how DirectX visualization can boost analytics and facilitate testing for you as an Algo-trader, quant fund manager, etc. Geometric trading patterns can help you forecast how markets will behave.

Visualization 134

Visualization Optimization Analytics Testing 134

Dataiku

APRIL 11, 2022

The performance that supermarkets are able to manage and pull off every year, all year round, is quite remarkable. With customers that come in and out every day to purchase very different items, shelves get emptied at random rates, but a magical wand seems to almost always restock them on time.

Forecasting 59

Forecasting Optimization Management 59

IBM Big Data Hub

JULY 25, 2023

To manage, analyze and interpret this data, utilities rely on advanced software and analytics tools. This software, and the insights it provides, can help providers predict demand patterns, identify potential issues and optimize the distribution network. Demand response management (DRM) is another type of smart grid technology.

Optimization 56

Optimization Technology Measurement Cost-Benefit 56

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. Financial efficiency: One of the key benefits of big data in supply chain and logistics management is the reduction of unnecessary costs.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Smart Data Collective

JULY 26, 2023

Getting off to the right start as a data-driven business owner means setting up suitable systems to help you manage your business. Without it, you’ll have difficulties managing your finances or knowing where your money is going. There are systems that can help you retain and manage customer data more easily.

Data-driven 75

Data-driven Management Sales Big Data 75

Jedox

AUGUST 13, 2020

In our last post, “ Rolling Forecasts: The Pros and Cons ,” we looked at why rolling forecasts are used, when it makes sense to use them, and for whom. In our third and last post in this series, we give five tips for a successful implementation of rolling forecasts in your organization’s FP&A processes. .

Forecasting 52

Forecasting Risk Finance Software 52

IBM Big Data Hub

AUGUST 7, 2023

This article, part of the IBM and Pfizer’s series on the application of AI techniques to improve clinical trial performance, focuses on enrollment and real-time forecasting. AI can also empower trial managers and executives with the data to make strategic decisions.

Optimization 55

Optimization Forecasting Data-driven Strategy 55

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. There is a massive need for forecasting analytics in this use case, but how does a theater use data to guide decisions? Data-driven forecasting decisions.

Forecasting 52

Forecasting Analytics Predictive Modeling Machine Learning 52

Jedox

JUNE 24, 2021

This role manages the various marketing and sales automation platforms, such as the website, CRM system, content management system, and integration with related technologies. Maximizing business value through improved collaboration is key to long-term optimization of marketing and sales operations.

Sales 95

Sales Marketing Optimization Metrics 95

Jedox

SEPTEMBER 29, 2021

In this blog post, we’ll look at how you connect the dots between Sales Performance Management and xP&A. What is Sales Performance Management? Sales Performance Management (SPM) is a unified approach to analyze, plan, and optimize sales processes withing an organization.

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Sales Management Forecasting Risk 97

Jedox

APRIL 16, 2020

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.

Uncertainty 94

Uncertainty Management Forecasting Predictive Modeling 94

CIO Business Intelligence

APRIL 30, 2024

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 over the 2023-2027 forecast period 1. Bandwidth optimization. This optimization improves efficiency and reduces costs.

Forecasting 89

Forecasting Optimization Advertising IoT 89

IBM Big Data Hub

JUNE 20, 2023

Whether you’re a small enterprise with only a few assets or a large-scale corporation with offices spanning the globe, asset lifecycle management, or ALM, is a fundamental part of your operations. What is asset lifecycle management? Here’s what you need to know in order to build a successful strategy. What is an asset?

Strategy 71

Strategy Management Cost-Benefit IoT 71

CIO Business Intelligence

APRIL 5, 2022

First, Optimas is using data analytics internally for a number of functions, including material acquisition for manufacturing; forecasting of production and customer demand; improving efficiency and accuracy with ordering from suppliers; and managing its inventory. Finally, Optimas uses analytics to better collaborate with suppliers.

Analytics 141

Analytics Cost-Benefit Forecasting Manufacturing 141

Smart Data Collective

DECEMBER 14, 2020

Using big data and analytics, retailers can more easily optimize their supply chains. Manage Deliveries in Real-Time. Big data helps with this by enabling you to manage deliveries in real time, which is key to supply chain management. Improved Vendor Management. Better Order Picking Times. Better Planning.

Big Data 111

Big Data Management Key Performance Indicator Data-driven 111

Smarten

JUNE 14, 2023

GPT-4 has a capacity of more than 175 billion machine learning parameters, and can support many types of tasks, e.g., answering questions, providing machine translation, summarizing text, time series forecasting, etc. If we are to safely and securely optimize its potential, GPT must be managed as it evolves.

Optimization 52

Optimization IT Digital Transformation Consulting 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. You should also have experience with pattern detection, experimentation in business optimization techniques, and time-series forecasting.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

CIO Business Intelligence

JUNE 3, 2024

Cloud doesn’t just open the door to enabling advanced technologies like AI, hyper-automation, and big data analytics – it unlocks a complex realm of costs and expense management problems that can threaten innovation and its financial sustainability. The bottom line: CFOs and CIOs need fixed costs for easier budgeting and forecasting.

Cost-Benefit 87

Cost-Benefit Optimization ROI Strategy 87

Smart Data Collective

DECEMBER 16, 2019

Most importantly, as the data which enterprises rely on increases, it has become necessary to embrace better techniques for managing all this information. Data management is, therefore, the bedrock of business IT systems as it offers a channel that gives meaning to all the information in a database.

Optimization 54

Optimization Enterprise Internet of Things Cost-Benefit 54

CIO Business Intelligence

DECEMBER 14, 2023

The timing for these advancements is optimal as the industry grapples with skilled labor shortages, supply chain challenges, and a highly competitive global marketplace. Process optimization In manufacturing, process optimization that maximizes quality, efficiency, and cost-savings is an ever-present goal.

Manufacturing 128

Manufacturing Cost-Benefit Unstructured Data Optimization 128

CIO Business Intelligence

FEBRUARY 10, 2023

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. Energy: Forecast long-term price and demand ratios. Forecast financial market trends.

Predictive Analytics 136

Predictive Analytics Analytics Predictive Modeling Forecasting 136

IBM Big Data Hub

DECEMBER 18, 2023

Urban planning Governments use GIS data and GIS-based solutions for urban planning: zoning and land use projects, natural disaster and health event response, roadway system and building design, utility distribution, energy production, and waste and resource management. Read more about the initiative here.

Internet of Things 96

Internet of Things IoT Forecasting Visualization 96

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. AI in Supply Chain Management. AI can reduce costs and minimize supply chain challenges by driving more informed choices across all aspects of supply chain management.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

CIO Business Intelligence

JUNE 12, 2024

UK Power Networks was created following a merger of three licensed electricity distribution networks brought together under one roof in 2010 by EDF Energy Networks, where Webb served as head of enterprise data management.

Digital Transformation 99

Digital Transformation Cost-Benefit Forecasting Marketing 99

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? To extend the Bake-Off experience to a broader range of vendors, including smaller innovators, we also did a series of Show Floor Showdowns for analytics and BI, data science and machine learning and for data management.

Optimization 52

Optimization Machine Learning Insurance Risk 52

Smarten

MAY 17, 2019

Whether you need to anticipate and plan for equipment maintenance, target online customers, control customer churn, or identify ways to cross-sell and upsell customers on existing and new products and services, these predictive analytics tools can help you to optimize your marketing budget and your resources and mitigate risk and market missteps.

Predictive Analytics 65

Predictive Analytics Forecasting Analytics Predictive Modeling 65

CIO Business Intelligence

JUNE 10, 2024

International Data Corporation (IDC) forecasts that ICT spending in Saudi Arabia will top 36.6 International Data Corporation (IDC) forecasts that ICT spending in Saudi Arabia will top 36.6 With Vision 2030 as its guiding light, the Kingdom is embarking on ambitious projects, steering its course towards a tech-driven future.

Digital Transformation 90

Digital Transformation Data-driven Data Processing Forecasting 90

Jedox

JANUARY 23, 2020

A new calendar year can be a great time to take a renewed, fresh look at your business planning and performance management. Let’s go back to the basics for a few minutes: From the definition of Enterprise Performance management through its business value. EPM is also known as Corporate Performance Management (CPM).

Enterprise 57

Enterprise Management Business Driver Forecasting 57

bridgei2i

MAY 26, 2020

Episode 6: The Impact of COVID-19 on Supply Chain Management. The Impact of COVID-19 on Supply Chain Management. By allowing that, they could have a steady demand forecast based on sensing algorithms and react faster to such events. What would you advise your peers managing supply chains? Listening time: 13 minutes.

Enterprise 131

Enterprise Management Forecasting Manufacturing 131