IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

Optimization 81

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 81

CIO Business Intelligence

JULY 5, 2022

What are the benefits of business analytics? Predictive analytics: What is likely to happen in the future? Predictive analytics is the use of techniques such as statistical modeling, forecasting, and machine learning to make predictions about future outcomes. Prescriptive analytics: What do we need to do?

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

CIO Business Intelligence

NOVEMBER 14, 2022

These systems include file drawer and management reporting systems, executive information systems, and geographic information systems (GIS). These DSS include systems that use accounting and financial models, representational models, and optimization models. Optimization analysis models. Forecasting models.

Data mining 144

Data mining Data-driven Statistics OLAP 144

FineReport

MARCH 24, 2024

By conducting extensive research and analysis, they generate reports that inform strategic decisions, identify areas for enhancement, and guide the implementation of new initiatives. 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

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. Content writing, copywriting, video analytics and customer reinvestment, all have AI applications now. Integrating IoT and route optimization are two other important places that use AI. AI in Finance.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

AWS Big Data

MARCH 26, 2024

Without C360, businesses face missed opportunities, inaccurate reports, and disjointed customer experiences, leading to customer churn. You can use the same capabilities to serve financial reporting, measure operational performance, or even monetize data assets. Organizations using C360 achieved 43.9% faster time to market, and 19.1%

Data Strategy 72

Data Strategy Strategy Data Warehouse Prescriptive Analytics 72

Alation

MARCH 21, 2023

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. Some companies struggle to optimize their data’s value and leverage analytics effectively.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52