IBM Big Data Hub

JANUARY 25, 2024

Considering that IDC surveyed 37% of companies that manage spare parts inventory by using spreadsheets, email, shared folders or an uncertain approach, it becomes evident that this practice carries more risk than it might seem. 2 Unless your demand forecasting is accurate, adopting a reactive approach might prove less efficient.

Optimization 81

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 81

CIO Business Intelligence

JUNE 7, 2022

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

Data Analytics 133

Data Analytics Diagnostic Analytics Management Analytics 133

Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Competitive Changes. Market Changes. Trends and Patterns.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

BizAcuity

MARCH 31, 2022

The widespread adoption of AI technology is fueled by 3 major challenges that businesses have been facing since the last decade. 85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: Prescriptive Analytics: Prescriptive analytics is the most complex form of analytics.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios.

Statistics 52

Statistics Data mining Visualization Reporting 52

Cloudera

MARCH 2, 2018

And entirely new utility start-ups such as Drift use machine learning technologies to provide customers with cheaper wholesale energy prices by more accurately predicting consumption. In the nonprofit sector, early applications of data analytics and machine learning have mostly focused on improving fundraising and marketing.

Data-driven 43

Data-driven Prescriptive Analytics Descriptive Analytics Machine Learning 43

IBM Big Data Hub

JULY 6, 2023

Some examples of data science use cases include: An international bank uses ML-powered credit risk models to deliver faster loans over a mobile app. An AI-based medical assessment platform analyzes medical records to determine a patient’s risk of stroke and predict treatment plan success rates.

Machine Learning 60

Machine Learning Data Science Statistics Deep Learning 60

Birst BI

OCTOBER 30, 2018

Every day, these companies pose questions such as: Will this new client provide a good return on investment, relative to the potential risk? Is this existing client a termination risk? Fortunately, advances in analytic technology have made the ability to see reliably into the future a reality.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Sisense

JUNE 30, 2020

Broadly, there are three types of analytics: descriptive , prescriptive , and predictive. The simplest type, descriptive analytics , describes something that has already happened and suggests its root causes. And the data is as granular as the patient lists at individual family doctors’ surgeries.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

Jedox

JANUARY 29, 2019

In today’s organizations, the role of financial controlling or FP&A is not only to provide financial insights so business partners can make better decisions, but it is also to lead the way towards a more mature use of analytics technology including predictive analytics for sales forecasting. Making AI Real (Part 2).

Predictive Analytics 41

Predictive Analytics Forecasting Sales Analytics 41

FineReport

APRIL 26, 2023

By leveraging Big Data technologies, companies can collect, store, and analyze information to make informed decisions and improve their operations. Time Saving : Big data tools and technologies can collect and analyze data from multiple sources in real-time, enabling businesses to make quick decisions based on insights.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Domino Data Lab

JUNE 2, 2019

Because of anxieties and misunderstandings around the HIPPO (highest paid person’s opinion), who may have little understanding about technology and use cases. Randi Ludwig , a data science leader at Dell Technologies, captured these zen k?ans Because reasons. Because of bad culture. Bad things happen this way. Because of compliance.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Andrew White

JANUARY 11, 2021

So the material is not designed for IT – but spans business and technology. The fill report is here: Leadership Vision for 2021: Data and Analytics. How do you think Technology Business Management plays into this strategy? Some data is more a risk than valuable. I am sorry I don’t know what that is. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

BI is a set of independent systems (technologies, processes, people, etc.) And Manufacturing and Technology, both 11.6 The Hitchhiker’s Guide to Embedded Analytics Download Now Section 2: Embedded Analytics: No Longer a Want but a Need Find out how major shifts in technology are driving the need for embedded analytics.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

IBM Big Data Hub

JANUARY 17, 2023

These technologies are becoming mainstream across industries and are proving key drivers of enterprise innovation and growth, leading to more accurate, quicker strategic decisions. Start a trial. Data science and MLOps. AI is no longer experimental. Start a trial. AI governance. Artificial intelligence (AI) is no longer a choice.

Data-driven 57

Data-driven Enterprise Data Governance Prescriptive Analytics 57

Alation

MARCH 21, 2023

What’s more, many companies struggle with rigid legacy technologies that increase the risk of a data breach. Otherwise, they risk a data privacy violation. How is data analytics used in the travel industry? Regulatory compliance Additionally, this PII is often highly regulated.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52