CIO Business Intelligence

APRIL 5, 2022

Optimas Solutions, a manufacturer and distributor of fasteners, is using data analytics in three critical areas to improve operations and relationships with its suppliers and customers, says Mark Korba, vice president of supply chain and business intelligence at the company. Enhancing operations and relationships with suppliers.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

DataRobot Blog

MARCH 10, 2022

As a result of these technological advancements, the manufacturing industry has set its sights on artificial intelligence and automation to enhance services through efficiency gains and lowering operational expenses. Time-Series Forecasting?—? Manufacturers are attempting to monitor their facilities in near real-time.

Manufacturing 52

Manufacturing IoT Machine Learning Forecasting 52

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. Manufacturing and Industry 4.0 For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. A performance report is an analytical tool that offers a visual overview of how a business is performing in a specific strategy, project, or department.

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

IBM Big Data Hub

JUNE 30, 2023

Pair that with a semiconductor shortage amidst global car sales that are forecasted to top 69 million , and you can understand that disruptions in the automotive supply chain would be detrimental to the industry.​ For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers.

B2B 66

B2B Manufacturing Consulting Forecasting 66

CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. Webster Bank is following a similar strategy. At Eaton, for example, an AI-based sales forecasting tool has the potential to boost productivity dramatically.

Enterprise 134

Enterprise Cost-Benefit Forecasting Strategy 134

CIO Business Intelligence

JANUARY 10, 2024

Optimizing cloud investments requires close collaboration with the rest of the business to understand current and future needs, building effective FinOps teams, partnering with providers, and ongoing monitoring of key performance metrics. You worry you don’t have enough capacity, so you overprovision,” he says.

Cost-Benefit 125

Cost-Benefit Measurement Optimization Metrics 125

IBM Big Data Hub

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. The purpose of BPR is to streamline workflows , eliminate unnecessary steps and improve resource utilization.

Cost-Benefit 62

Cost-Benefit Finance Optimization Key Performance Indicator 62

CIO Business Intelligence

JUNE 1, 2022

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . billion by 2030.

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

IBM Big Data Hub

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

Cloudera

DECEMBER 15, 2017

Manufacturing as an industry has always been at the forefront of squeezing value from data. Instrumentation, highly connected systems, and automation have been part and parcel of manufacturing organisations for decades. Yet many manufacturers now feel they’ve bumped up against a ceiling. Enabling tomorrow today.

Manufacturing 40

Manufacturing IoT Machine Learning Data-driven 40

CIO Business Intelligence

DECEMBER 13, 2023

The evolution of AI and the use of structured and unstructured data When discriminative AI rose to prominence in sectors such as banking, healthcare, retail, and manufacturing, it was primarily trained on and used to analyze, classify, or make predictions about unstructured data. Artificial Intelligence

Unstructured Data 98

Unstructured Data IoT Metadata Manufacturing 98

Cloudera

AUGUST 3, 2021

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. The last eighteen months is causing supply chain forecasters to rethink the definition and incorporate risk into the planning process. .

Analytics 109

Analytics Digital Transformation Risk Forecasting 109

datapine

JUNE 5, 2019

As mentioned earlier, a data dashboard has the ability to answer a host of business-related questions based on your specific goals, aims, and strategies. With such dashboards, users can also customize settings, functionality, and KPIs to optimize their dashboards to suit their specific needs. So, what is a dashboard primary function?

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

JUNE 22, 2023

Consulting In the consulting industry, technology has become an important tool for making decisions, designing solutions, improving processes, and providing insights on optimizing business strategy. Consulting firms are increasingly turning to tech talent to help build in-house platforms, according to the report from Dice.

IT 122

IT Insurance Recreation/Entertainment Consulting 122

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Cost-Benefit 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

bridgei2i

JUNE 3, 2020

To navigate this increasingly complex landscape of COVID-19, business leaders must address consumer expectations and fears, and craft strategies accordingly. However, Italy, which seems to be flattening the curve, has started showing signs of optimism. How consumer sentiment is changing. Priorities have changed. Mobile electronics.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

bridgei2i

MAY 26, 2020

By allowing that, they could have a steady demand forecast based on sensing algorithms and react faster to such events. He has delivered hundreds of millions of dollars of impact to his clients in High-Tech CPG and Manufacturing Industries, particularly in the areas of demand forecasting, inventory and procurement planning.

Enterprise 131

Enterprise Management Forecasting Manufacturing 131

CIO Business Intelligence

MAY 12, 2022

Most tools offer visual programming interfaces that enable users to drag and drop various icons optimized for data analysis. Anyone who works in manufacturing knows SAP software. The product line is broken into tools for basic exploration such as Visual Data Mining or Visual Forecasting.

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

CIO Business Intelligence

OCTOBER 18, 2023

in concert with Microsoft’s AI-optimized Azure platform. According to C3, sugar producer Pantaleon is using C3 Gen AI to supplement sales forecasting, while Georgia-Pacific is using it for manufacturing process knowledge. Generative AI, IT Leadership, IT Strategy John Spottiswood, COO of Jerry, a Palo Alto, Calif.-based

Risk 141

Risk Manufacturing Enterprise Technology 141

IBM Big Data Hub

FEBRUARY 13, 2024

Invest in data hygiene and collection strategies to keep your engine running smoothly. Product development : Generative AI is increasingly utilized by product designers for optimizing design concepts on a large scale. This use case saves time and enables users to focus on higher-level strategy rather than daily business management.

Enterprise 125

Enterprise Modeling Testing Data-driven 125

Smarten

JUNE 8, 2022

In this article, we provide some examples of what a Citizen Data Scientist can do to advance the goals and interests of the organization and optimize their productivity and performance. Citizen Data Scientists can use many types of algorithms and techniques to analyze, identify trends, predict, forecast and problem solve.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Forecasting Optimization 52

IBM Big Data Hub

JULY 19, 2023

The exponential leap in generative AI is already transforming many industries: optimizing workflows , helping human teams focus on value added tasks and accelerating time to market. Yet, it is burdened by long R&D cycles and labor-intensive clinical, manufacturing and compliancy regimens.

Consulting 65

Consulting Machine Learning Manufacturing Optimization 65

CIO Business Intelligence

MARCH 9, 2022

In manufacturing, HPC and AI are being used for predictive and prescriptive maintenance, automation of product lifecycle management, and short design cycles. The weather and climate research industry employ these solutions for timely and more precise weather forecasting and better understanding of climate change.

Cost-Benefit 124

Cost-Benefit Manufacturing Consulting Optimization 124

CIO Business Intelligence

FEBRUARY 16, 2023

For that, he relied on a defensive and offensive metaphor for his data strategy. That is the domain of AI and advanced analytics that serve a role beyond just insight and business optimization. The defensive side includes traditional elements of data management, such as data governance and data quality. The offensive side?

Unstructured Data 106

Unstructured Data Data Lake Prescriptive Analytics Digital Transformation 106

bridgei2i

SEPTEMBER 24, 2020

A good number of enterprises are already using artificial intelligence to automate certain daily operations, make sure the chain is continuous so that the process of taking the product from the manufacturing unit to the end-user is not disrupted in any way. Inventory Optimization.

Data Science 52

Data Science Cost-Benefit Forecasting Enterprise 52

CIO Business Intelligence

SEPTEMBER 8, 2022

The enormous potential of real-time data not only gives businesses agility, increased productivity, optimized decision-making, and valuable insights, but also provides beneficial forecasts, customer insights, potential risks, and opportunities,” said Krumova. Customers have too many options. Gold Associates LLC.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

Sisense

FEBRUARY 1, 2021

The CAD component includes product prototypes and models based on actual parts’ manufacturing instructions. An equipment manufacturer can improve product development and productivity by sharing product data with suppliers and marketing teams. PDM often releases product CAD files to manufacturing.

Management 52

Management Analytics Manufacturing Cost-Benefit 52

Jedox

NOVEMBER 5, 2020

When I was the FP&A Manager at Energizer Egypt, the global batteries and household products market leader, I had to present to the regional team the 12 months latest estimate which included 4 months actuals and 8 months forecast. No change in the strategy was needed. It was all about new external regulations.

Sales 78

Sales Manufacturing Forecasting Finance 78

Jet Global

APRIL 24, 2020

They face radical healthcare reforms that affect drug trials, sales, pricing, and manufacturing. How to Optimize Cash Flow Management. Receiving payment for goods or services in a timely manner is key to optimizing cash flow management. Pharma’s Unique Struggle. Sustaining profits. A/R Management.

Management 64

Management Finance Cost-Benefit Sales 64

Jet Global

APRIL 23, 2020

The acquisition builds on insightsoftware’s strategy to offer a comprehensive portfolio of solutions for the Office of the CFO that simplifies, automates and increasingly visualizes financial processes, such as reporting, planning, budgeting and tax management. Visit insightsoftware.com for more information. About Mekko Graphics.

Finance 52

Finance Visualization Consulting Reporting 52

Jet Global

JUNE 5, 2019

Data drives everything in the business world, from manufacturing to supply chain logistics to retail sales to customer experience to post-sale marketing and beyond, data holds the secrets to making processes more efficient, production costs cheaper, profit margins higher and marketing campaigns more effective.

Data mining 75

Data mining Business Intelligence OLAP Key Performance Indicator 75

O'Reilly on Data

JULY 28, 2020

If this sounds fanciful, it’s not hard to find AI systems that took inappropriate actions because they optimized a poorly thought-out metric. For example, an AI product that helps a clothing manufacturer understand which materials to buy will become stale as fashions change.

Marketing 362

Marketing Experimentation Metrics Testing 362

bridgei2i

SEPTEMBER 1, 2020

With the unpredictability in the supply and distribution channels, several manufacturers took to D2C or Direct-to-Consumer platforms. Enterprises need to study customer sentiment and channel strategies, the status of demand and supply chains, product strategies, and last-mile delivery to ensure robust functionality.

Sales 52

Sales Metrics Optimization Enterprise 52

bridgei2i

JUNE 30, 2020

I collaborate with multiple stakeholders across many global CPG companies, enabling high impact business transformation strategies and guiding them in their analytics journey. The pre-COVID-19 forecasts are no longer kind of valid as the pandemic has entirely disrupted the market. Melita: Very valid observations there, Suvodip.

Enterprise 98

Enterprise Technology Digital Transformation Manufacturing 98

Jedox

MARCH 5, 2020

Outdated and ailing platforms eventually lead to a loss of productivity and efficiency which ultimately causes the organization to lose their competitive edge and ability to optimize their value creation. The easy-to-use extension of planning with the forecasting function is another advantage. The same applies to reporting.

Data-driven 52

Data-driven Software Manufacturing Forecasting 52

CIO Business Intelligence

MARCH 22, 2022

He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. Pujari has over 25 years of experience across sectors including BFSI, manufacturing, consulting, publishing, airlines, and healthcare.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98