IBM Big Data Hub

APRIL 4, 2024

Business Process Management (BPM) is a systematic approach to managing and streamlining business processes. Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. BPM is often confused with other seemingly similar initiatives.

Management 55

Management Cost-Benefit Metrics Consulting 55

DataRobot Blog

DECEMBER 6, 2022

Taking a Multi-Tiered Approach to Model Risk Management. Understand why organizations need a three-pronged approach to mitigating risk among multiple dimensions of the AI lifecycle and what model risk management means to today’s AI-driven companies. Forecast Time Series at Scale with Google BigQuery and DataRobot.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

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 125

Manufacturing Cost-Benefit Unstructured Data Optimization 125

Smart Data Collective

AUGUST 30, 2023

CMap , a premier provider of specialized project and resource management software, has identified a tremendous opportunity for consultancies to enhance growth and profitability by leveraging technology in the burgeoning PSA market. In contrast, a mere 17% utilize a professional services automation (PSA) system to manage their operations.

Software 91

Software Technology Consulting Forecasting 91

IBM Big Data Hub

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management.

Strategy 97

Strategy Technology Cost-Benefit Risk Management 97

IBM Big Data Hub

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. The management team defines the organization’s long-term goals and objectives.

Key Performance Indicator 77

Key Performance Indicator Forecasting Data Integration Sales 77

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 80

Cost-Benefit Scorecard Risk Recreation/Entertainment 80

John Wheeler

AUGUST 18, 2020

This month, we continue our “20 for 20” theme by highlighting the top 20 “most read” research publications in our integrated risk management (IRM) compendium. Magic Quadrant for Integrated Risk Management, 2018. Magic Quadrant for Integrated Risk Management Solutions, 2019.

Risk Management 52

Risk Management Risk Snapshot Forecasting 52

IBM Big Data Hub

MAY 17, 2024

Four AI in commerce use cases are already transforming the customer journey: modernization and business model expansion; dynamic product experience management (PXM); order intelligence; and payments and security. These tools can manage content, standardize product information, and drive personalization.

B2B 66

B2B Interactive Optimization Forecasting 66

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. to total $678.8 billion in 2024, up from $563.6 billion in 2023. What is multicloud architecture?

Strategy 93

Strategy Cost-Benefit Risk Optimization 93

Ontotext

APRIL 6, 2023

This allows companies to model and optimize the interactions between the various computers that make a car run, ensuring everything is operating in sync to meet the desired specifications. Logistics & Supply Chain Two other industries where knowledge graphs are hitting the mark are logistics and supply chain management.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

IBM Big Data Hub

FEBRUARY 13, 2024

Product development : Generative AI is increasingly utilized by product designers for optimizing design concepts on a large scale. It assists in structural optimization which ensures that products are strong, durable and use minimal material, leading to considerable cost reductions.

Enterprise 120

Enterprise Modeling Testing Data-driven 120

CIO Business Intelligence

MAY 9, 2022

Holistic, multi-dimensional collaboration delivers the highest total value, considering cost, speed, risk, quality, and overall customer experience. It includes order collaboration, forecast, capacity, inventory, quality, and cost collaboration with suppliers. Better risk management and control.

Cost-Benefit 73

Cost-Benefit Forecasting Risk Management Risk 73

bridgei2i

APRIL 23, 2020

At least four staff members of (Royal bank of Scotland (RBS) died : the managers of Walton and London Mincing Lane branches, a female clerk at Islington, and a boy clerk at Deptford. Understanding & Managing Risks. Better Forecasting and Optimization. But this extracted a heavy human toll.

Risk 52

Risk Management Scorecard Forecasting 52

DataRobot Blog

SEPTEMBER 13, 2022

They develop and continuously optimize AI/ML models , collaborating with stakeholders across the enterprise to inform decisions that drive strategic business value. Automation also makes AI-driven forecast models possible at scale, which further minimizes your costs by accurately forecasting demand. Operationalization.

Forecasting 52

Forecasting Data-driven Machine Learning Optimization 52

CIO Business Intelligence

SEPTEMBER 7, 2023

The second challenge is managing new risks, which stem primarily from the threat of misinformation. Since the consequence of failure is high, the defense industry must strike a deft balance between innovation and risk management. (more about this in my article about accelerating generative AI here ). billion by 2032.

Unstructured Data 96

Unstructured Data Cost-Benefit Risk Data-driven 96

Smart Data Collective

SEPTEMBER 28, 2021

There are IoT solutions that can assist them in collecting data and performing analytics for inventory management. l Improved Risk Management. IoT implementation simplifies your organization and aids in creating precise forecasts, both of which are critical for increasing corporate efficiency.

IoT 132

IoT Internet of Things Cost-Benefit Consulting 132

FineReport

APRIL 9, 2024

These benefits include enhanced operational efficiency through streamlined processes and optimized resource allocation. The integration of AI and machine learning into BI tools is revolutionizing the processing and analysis of data, propelling organizations toward more accurate forecasting and proactive decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

APRIL 15, 2024

More recently, his charter has expanded into helping the organization formulate business strategy and leading change management efforts to reinvent the 175-year company as a digital trailblazer in its field. For IT leaders like Mehta, it’s about more than doing IT projects right, but rather leading the business to the right projects.

Digital Transformation 118

Digital Transformation Strategy Technology Enterprise 118

FineReport

MARCH 24, 2024

These professionals collaborate with IT teams, management, or data scientists to align analytical efforts with organizational objectives across various industries. Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios.

Statistics 52

Statistics Data mining Visualization Reporting 52

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Strategy 67

Strategy Cost-Benefit Key Performance Indicator Consulting 67

bridgei2i

MAY 17, 2021

It helps to legitimize a new customer applying for credit, select the right credit product, and optimize a credit check. The AI-backed interface enables the lender to ensure if the applicants are at high default risks. AI And Risk Management. AI And Process Automation.

Finance 52

Finance Risk Management Unstructured Data Cost-Benefit 52

AWS Big Data

FEBRUARY 13, 2023

As trusted advisors to card networks and Fortune 500 companies, we are known for our expertise in the areas of transaction risk management, chargeback mitigation, fraud prevention, and dispute intelligence. In addition, as per a Javelin study, fraud and chargeback management are consuming 13-20% of a merchant’s operational budget.

Dashboards 52

Dashboards Risk Management Forecasting Risk 52

IBM Big Data Hub

JULY 27, 2023

To navigate these challenges, industry players are turning to enterprise asset management (EAM) solutions. EAM is an invaluable tool that allows oil and gas companies to manage physical assets and infrastructure throughout their lifecycles—from design and procurement to maintenance and disposal. through 2030.

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

DataRobot Blog

JUNE 1, 2022

Learn how the McLaren Formula 1 Team is delivering AI-powered predictions and insights to maximize performance and optimize simulations. Dive into AI-powered forecasting, code first AI, aligning to a model risk management framework, and leveraging differentiated geospatial data for location AI.

Machine Learning 119

Machine Learning Data-driven Risk Management Risk 119

CIO Business Intelligence

APRIL 12, 2022

Data loggers connect to centralized data management systems and transfer their readings, enabling efficient recording, analysis and decision-making. Using such devices, you can instantly set up secure, automated logging and monitoring for thousands of products from a centralized ERP or supply chain management system.

IoT 100

IoT Analytics Manufacturing Cost-Benefit 100

Cloudera

SEPTEMBER 7, 2023

Perhaps the biggest challenge of all is that AI solutions—with their complex, opaque models, and their appetite for large, diverse, high-quality datasets—tend to complicate the oversight, management, and assurance processes integral to data management and governance. AI-ify risk management. Simplify regulatory compliance.

Insurance 81

Insurance Risk Data-driven Finance 81

bridgei2i

JULY 15, 2020

Most are proponents of just-in-time inventory management, which leaves them vulnerable to sudden supply shocks. A digital ecosystem is essential to mitigate threats to production capacity and to manage last-minute changes to orders. Image 1: Institute for Supply Chain Management. Risk Management Procedures.

Testing 52

Testing KPI Risk Management Measurement 52

Jet Global

APRIL 5, 2021

Executives typically use financial models to make decisions regarding: Budgeting and forecasting. Risk management. That means the FP&As are the people creating the budget and performing financial forecasting to help the CFO and other members of senior management understand the company’s financial situation.

Modeling 98

Modeling Forecasting Metrics Finance 98

BizAcuity

MARCH 31, 2022

Marketers also have access to several AI softwares to save time and optimize their work at every step of the funnel. Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

bridgei2i

APRIL 29, 2020

Most are proponents of just-in-time inventory management, which leaves them vulnerable to sudden supply shocks. A digital ecosystem is essential to mitigate threats to production capacity and to manage last-minute changes to orders. Image 1: Institute for Supply Chain Management. Risk Management Procedures.

KPI 52

KPI Risk Management Measurement Forecasting 52

Jet Global

AUGUST 20, 2019

The key to achieving stability and predictability is to have the right processes and technology in place to help you manage and forecast your cash flow. A cash flow statement is an essential tool used to manage cash flow that includes information from operations, investing, and financing. Intelligent Forecasting.

Forecasting 68

Forecasting Business Intelligence Reporting Software 68

Jet Global

JANUARY 11, 2021

There are obviously some core functions associated with the CFO position, such as producing clear, accurate financial statements, attending to cash flow and the efficient use of working capital , risk management, responsibility for tax and compliance , and ensuring that the necessary internal controls are in place.

Analytics 75

Analytics Key Performance Indicator Finance Risk Management 75

Smarten

MAY 17, 2019

There is a lot of information within your enterprise, and being able to analyze that information is crucial to decision-making and to managing your business and predicting results with efficiency and accuracy. Maintenance Management. Marketing Optimization. Learn More: Predictive Analytics Using External Data. Customer Churn.

Predictive Analytics 58

Predictive Analytics Analytics Predictive Modeling Risk Management 58

Jet Global

JULY 28, 2023

Across Europe, the Middle East, and Africa (EMEA), organizations have transitioned from optimism to pragmatism post-COVID-19, preparing for potential recession while emphasizing digitization and resilience to navigate global market trends. This year’s survey results echo this. Naturally, this creates a significant learning curve.

Finance 52

Finance Uncertainty Reporting Forecasting 52

Jet Global

MAY 9, 2024

Job schedulers help coordinate the pipeline’s different stages and manage dependencies between tasks. In an ETL process, data transformations can be optimized before loading, which may improve performance for data-intensive transformations. The pipeline should be monitored to ensure it runs smoothly and efficiently.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Jet Global

APRIL 25, 2024

Importance of Reconciliation in Accounting Account reconciliation plays a crucial role in ensuring the accuracy, integrity, compliance, and transparency of financial information – factors which are essential for effective financial management, decision-making, and stakeholder confidence in the organization.

Reporting 52

Reporting Finance Management Software 52