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Skilled IT pay defined by volatility, security, and AI

CIO Business Intelligence

A volatile market Over 28% of skills and certifications changed in market value from April 1 through July 1 (the period covered by Foote Partners’ Q3 report), a far greater number than the 19% quarterly average over the last 24 months. AI skills more valuable than certifications There were a couple of stand-outs among those.

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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

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? Simplilearn adds a fourth technique : Diagnostic analytics: Why is it happening?

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning.

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MRO spare parts optimization

IBM Big Data Hub

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 Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms?

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Hype Cycle for Supply Chain Strategy, 2020

Get insights in this Gartner report to find out where to invest and what you should adopt as standard business practices. Read the latest insights on AI, IoT, network design, machine learning, prescriptive analytics and other hot technologies. Vendors recognized in the report. --> What’s inside? Vendors you can work with.

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Pay for in-demand IT skills rises fastest in 14 years

CIO Business Intelligence

Foote does not report on any SAP certifications, but among the 579 certifications it does report on, architecture, project management, process and information security certifications remain the most valuable, commanding a pay premium of just over 8%. Among them, only TensorFlow and SRE fell.).

IT 126
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Pay for in-demand IT skills rises fastest in 14 years

CIO Business Intelligence

Foote does not report on any SAP certifications, but among the 579 certifications it does report on, architecture, project management, process and information security certifications remain the most valuable, commanding a pay premium of just over 8%. Among them, only TensorFlow and SRE fell.).

IT 98
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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics. Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes.