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). One group has declared , “IoT companies will dominate the 2020s: Prepare your resume!” trillion by 2030. trillion by 2030.”.

Insiders

Sign Up for our Newsletter

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

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
article thumbnail

Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

The widespread adoption of AI technology is fueled by 3 major challenges that businesses have been facing since the last decade. Integrating IoT and route optimization are two other important places that use AI. Predictive analytics, with the help of machine learning, keeps getting more accurate with the continuous inflow of data.

article thumbnail

Hype Cycle for Supply Chain Strategy, 2020

Research insights on new technologies. Read the latest insights on AI, IoT, network design, machine learning, prescriptive analytics and other hot technologies. Gartner’s latest recommendations on tried and true capabilities. Find out what's essential to supply chain excellence. Vendors you can work with.

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.