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Predictive Analytics in Manufacturing: A Winning Edge

Sisense

The modern manufacturing world is a delicate dance, filled with interconnected pieces that all need to work perfectly in order to produce the goods that keep the world running. In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. Big challenges, big rewards.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. Data analytics draws from a range of disciplines — including computer programming, mathematics, and statistics — to perform analysis on data in an effort to describe, predict, and improve performance.

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What is predictive analytics? Transforming data into future insights

CIO Business Intelligence

Benefits of predictive analytics Predictive analytics makes looking into the future more accurate and reliable than previous tools. Retailers often use predictive models to forecast inventory requirements, manage shipping schedules, and configure store layouts to maximize sales. Forecast financial market trends.

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IT leaders embrace the role of business change maker

CIO Business Intelligence

Like most of his peers, Barrios increasingly sees change management leadership as a cornerstone of the CIO agenda. Foundry / State of the CIO That distinct view, coupled with ongoing pressure to accelerate digital business brought on by pandemic-era changes and economic uncertainties , have launched CIOs into the change management hot seat.

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Otis takes the smart elevator to new heights

CIO Business Intelligence

To date, the company, which primarily manufactures elevators for corporate buildings but also has some residential units in its portfolio, also reports a reduction in technician site visits of between 10% and 15% and a drop in call backs of between 10% and 20%. Analytics, CIO 100, Internet of Things, Manufacturing Industry

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DataRobot Acquires decision.ai for More Actionable AI

DataRobot

Practitioners in the AI space are focused on the speed and accuracy of model predictions. But the end game for the applicability of models is not in the predictions, but the decisions they enable, and predictive models alone don’t ensure better decisions. Should the manufacturer replace the part now or wait?

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How IBM Planning Analytics can help fix your supply chain

IBM Big Data Hub

Build planning models to improve supply chain management. You also build planning models to capture relationships and constraints so that you can change your driver assumptions and immediately see the impact on resources and capacity over time. In a manufacturing, distribution or retail context, this is the supply plan.