Remove Manufacturing Remove Measurement Remove Reporting Remove Uncertainty
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Innovative Manufacturers are Investing in these Advanced Technologies

CIO Business Intelligence

In many ways, the manufacturing industry stands on edge—emerging from a pandemic and facing all-time highs in demand yet teetering on inflation-related economic uncertainty and coping with skilled labor shortages. The sheer volume of data available, for instance, prompts heightened expectations for real-time insights.

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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

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Why Analytics Are Essential in Times of Crisis

Sisense

Now is the time to apply the full force of business intelligence used by analytics teams to help navigate growing uncertainty. With smart dashboards and KPIs , the BraunAbility team is able to tie discount data from marketing platforms to sales results in order to more effectively measure the impact of any discount.

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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

Nearly all respondents reported promising early results from gen AI experiments and planned to increase their spending in 2024 to support production workloads. Here are some areas where organizations are seeing a ROI: Text (83%) : Gen AI assists with automating tasks like report writing, document summarization and marketing copy generation.

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How COVID-19 Has Impacted Consumer Goods Industry

bridgei2i

Consumers feel threatened by the prolonged uncertainty, not having had to deal with anything like it, in their lives. Similar is the situation for a leading manufacturer of hygiene products in the US. Forecasting models have to be created keeping in mind this uncertainty, and key indicators need to be identified for early detection.

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Quantitative and Qualitative Data: A Vital Combination

Sisense

Most commonly, we think of data as numbers that show information such as sales figures, marketing data, payroll totals, financial statistics, and other data that can be counted and measured objectively. It’s analyzed through numerical comparisons and statistical inferences and is reported through statistical analyses. or “how often?”

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Making Financial Planning a Continuous and Popular Activity

Jet Global

Living through periods of rapid upheaval and uncertainty, like the recent pandemic, forces us to adapt quickly to new working practices. For example, imagine that you work at a large multinational with mining, manufacturing, and commercial divisions.