article thumbnail

Editorial Review of “Building Industrial Digital Twins”

Rocket-Powered Data Science

It is an insight engine, providing not only data for descriptive and diagnostic analytics applications, but also providing essential data for predictive and prescriptive analytics applications. The digital twin is more than a data collector. 4) The DT Canvas (chapter 4)!

article thumbnail

Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

One of the primary drivers for the phenomenal growth in dynamic real-time data analytics today and in the coming decade is the Internet of Things (IoT) and its sibling the Industrial IoT (IIoT). trillion by 2030. RFID), inventory monitoring (SKU / UPC tracking).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. How do predictive and prescriptive analytics fit into this statistical framework?

article thumbnail

Top 10 Analytics And Business Intelligence Trends For 2020

datapine

This is one of the major trends chosen by Gartner in their 2020 Strategic Technology Trends report , combining AI with autonomous things and hyperautomation, and concentrating on the level of security in which AI risks of developing vulnerable points of attacks. 4) Predictive And Prescriptive Analytics Tools.

article thumbnail

Introducing Cloudera DataFlow (CDF)

Cloudera

One of the most promising technology areas in this merger that already had a high growth potential and is poised for even more growth is the Data-in-Motion platform called Hortonworks DataFlow (HDF). to generate key insights and actionable intelligence for predictive and prescriptive analytics.

IoT 72