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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Hotels try to predict the number of guests they can expect on any given night in order to adjust prices to maximize occupancy and increase revenue. The predictive models, in practice, use mathematical models to predict future happenings, in other words, forecast engines. BN by 2023, with a CAGR of 13.6%

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Notes on artificial intelligence, December 2017

DMBS2

Predictive modeling is a huge deal in customer-relationship apps. The importance of AI and of recent AI advances differs greatly according to application or data category. . Machine learning and AI have little relevance to most traditional transactional apps.

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Exploring US Real Estate Values with Python

Domino Data Lab

From 2010 to 2017, the median price of a single-family home in San Francisco has gone from approximately $775,000 to $1.5 By scrolling through the graph, it can be shown that in December 2017, the price in Palo Alto was about $2.7 Living in the San Francisco Bay Area makes someone think often and long about housing prices. fill=True,).:

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What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. When business decisions are made based on bad models, the consequences can be severe. In 2017, additional regulation targeted much smaller financial institutions in the U.S.

Risk 111
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Private cloud makes its comeback, thanks to AI

CIO Business Intelligence

Private cloud platforms can leverage generative AI for anomaly detection applications in various domains, including cybersecurity, fraud detection, and predictive maintenance,” he says. Still, some IT leaders remain comfortable running all workloads on the public cloud, even with the data privacy concerns generative AI imposes.

IT 143
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AI for Climate Change and Weather Risk

DataRobot Blog

In 2017, Hurricane Harvey struck the U.S. Using either the code-centric DataRobot Core or no-code Graphical User Interface (GUI), both data scientists and non-data scientists such as risk analysts, government experts, or first responders can build, compare, explain, and deploy their own models.

Risk 52
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What is Predictive Analytics and Can it Help You Achieve Business Objectives?

Smarten

Predictive analytics can help a business understand the buying behavior of its customers and prospects and plug n’ play predictive and forecasting tools help businesses to create Citizen Data Scientists and establish metrics and goals across the enterprise for uniform execution and understanding of business objectives.