CIO Business Intelligence

AUGUST 9, 2024

from 2024 to 2030 1 , energy consumption has become a major concern. Data centers consume about 1-2% of the world’s electricity 2 , expected to double by 2030. Extreme wildfires are predicted to increase 14% by 2030 and 30% by 2050 6. As the data center market expands, at an estimated growth rate of 10.5% That’s a lot of energy.

Measurement 110

Measurement Optimization Data-driven Forecasting 110

Smart Data Collective

AUGUST 29, 2022

However, the rapidly changing business environment requires more sophisticated analytical tools in order to quickly make high-quality decisions and build forecasts for the future. While the existent tools cover typical use cases, the next step is to set up a custom forecasting module to perfectly meet your needs and configuration.

Analytics 132

Analytics Predictive Analytics Machine Learning Insurance 132

Smart Data Collective

MARCH 11, 2022

Global businesses are projected to spend over $684 billion on big data by 2030. Market analysts project that companies around the world will spend over $47 billion on customer journey analytics by 2030. Customer Lifetime Value (CLV) forecasts a customer’s worth in relation to other metrics.

Customer Analytics 130

Customer Analytics Analytics Key Performance Indicator Big Data 130

Smart Data Collective

APRIL 10, 2023

Therefore, it should not be a surprise that the market for predictive analytics tools will be worth an estimated $44 billion by 2030. One of the biggest changes is that more people are using this technology to forecast prices. You can use the data from the tools to forecast future prices with predictive analytics tools.

Predictive Analytics 115

Predictive Analytics Analytics Forecasting Technology 115

CIO Business Intelligence

JUNE 10, 2024

With Vision 2030 as its guiding light, the Kingdom is embarking on ambitious projects, steering its course towards a tech-driven future. International Data Corporation (IDC) forecasts that ICT spending in Saudi Arabia will top 36.6

Digital Transformation 98

Digital Transformation Data-driven Data Processing Forecasting 98

Smart Data Collective

SEPTEMBER 19, 2021

The projections for the growth of the cybersecurity sector are very progressive, the number is around a 15% growth factor between now and 2030. Secondly, the more tech we make as a society, the more a data-driven, hands-on approach will ensure a good level of safety. Brilliant Growth and Wages. The Reason For So Much Demand.

Data-driven 140

Data-driven Big Data Marketing IoT 140

Smart Data Collective

DECEMBER 15, 2022

Therefore, it is no surprise that the market for AI-enabled ecommerce services is projected to be worth nearly $17 billion by 2030. AI technology helped the online titan improve product forecasting, deliver a higher ROI on ads to sellers and make better product recommendations.

Advertising 145

Advertising Recreation/Entertainment Marketing Software 145

Smart Data Collective

SEPTEMBER 19, 2022

billion on financial analytics by 2030. Forecasting Future Market Trends. For these reasons, fintech companies actively seek opportunities to nurture better customer experiences. Global companies are projected to spend $19.8 The fintech sector will be among the biggest proponents. And Big Data is one such excellent opportunity !

Big Data 145

Big Data ROI Measurement Machine Learning 145

Smart Data Collective

SEPTEMBER 23, 2020

One study forecasts that the market will be worth $23.8 billion by 2030. The market for data warehouses is booming. Demand is growing at an annual pace of 29%. While there is a lot of discussion about the merits of data warehouses, not enough discussion centers around data lakes.

Data Lake 135

Data Lake Data Warehouse Unstructured Data Big Data 135

IBM Big Data Hub

MARCH 8, 2024

Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. Policies driving development At 2023’s United Nation’s Climate Change Conference (COP28), governments set a goal to triple global renewables power capacity by 2030.

Forecasting 67

Forecasting Manufacturing Measurement Finance 67

CIO Business Intelligence

JULY 26, 2023

While healthcare staffing challenges are not new, they are forecasted to reach crisis levels in the coming years. For nursing staff alone, the International Centre on Nurse Migration projects a 13 million shortage by 2030, an increase from 6 million pre-pandemic.

Technology 98

Technology Unstructured Data Forecasting Visualization 98

CIO Business Intelligence

OCTOBER 7, 2022

The education sector in the UK is seeing incredible transformation with the expansion of multi-academy trusts (MATs) and the government’s requirement to have all schools in MATs by 2030. This brings unprecedented challenges, but also an enormous opportunity for positive education reform.

Cost-Benefit 98

Cost-Benefit Finance Reporting Forecasting 98

CIO Business Intelligence

AUGUST 8, 2024

The first AI use cases are implemented in the moment to retrieve further insights from the accumulated data, including clustering based on water usage patterns, forecasting water consumption, and implementing predictive maintenance strategies. million digital water meters will be rolled out by 2030 and maintained by the Smart Water Platform.

Forecasting 119

Forecasting Machine Learning Management Technology 119

CIO Business Intelligence

SEPTEMBER 26, 2023

SAP is already using generative AI to help users create job descriptions or interview questions, process delivery notes, or forecast which clients will default on payments. Moving its customers to the cloud, where it can run applications more efficiently, is one way it hopes to achieve that, it has said.

IT 122

IT Data Processing Forecasting Modeling 122

CIO Business Intelligence

JUNE 1, 2022

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. billion by 2030. The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races.

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

DataRobot

NOVEMBER 24, 2021

By the year 2030, AI will deliver economic growth of $15.7 But it had trouble predicting sellout volume at scale and automating the necessary modeling and forecasting. trillion, according to PwC Research. Does your business need: To target its customers more precisely? Reduce its operational costs? Develop exciting new products?

Cost-Benefit 98

Cost-Benefit ROI Data-driven Predictive Modeling 98

CIO Business Intelligence

JUNE 22, 2022

According to a joint forecast by the Office of the National Digital Economy and Society Commission (ONDE), TIME Consulting, and Huawei, the 5G-empowered economy will reach THB2.3 And, by 2030, the digital economy will account for 30% of Thailand’s entire GDP. trillion by 2035, accounting for some 10% of total GDP.

Digital Transformation 98

Digital Transformation Uncertainty Data-driven Manufacturing 98

CIO Business Intelligence

FEBRUARY 24, 2023

As this technology becomes pervasive across the globe, PwC has forecast that the global economic impact of 5G will exceed $1.3 trillion to global GDP by 2030,” PwC Global, February 2, 2021 About Anand Oswal: Anand Oswal serves as senior vice president and GM at cyber security leader Palo Alto Networks. 5G is designed to go places.

Risk 122

Risk Digital Transformation IoT Enterprise 122

Smart Data Collective

SEPTEMBER 16, 2022

Global healthcare companies are projected to spend over $105 billion on big data by 2030. Some of the ways that big data is driving advances in telemedicine include the following: They can evaluate data from IoT devices and use it to forecast healthcare trends and identify individual patient needs.

Big Data 124

Big Data Cost-Benefit IoT Consulting 124

CIO Business Intelligence

NOVEMBER 27, 2023

While science, technology, engineering, and math (STEM) job opportunities have risen 79% over the past three decades, and are forecast to increase 11% more through 2030, women account for only 16% of those earning a bachelor’s degree in computer and information sciences, according to according to Women Tech Network.

Technology 105

Technology Forecasting Data Science Reporting 105

CIO Business Intelligence

DECEMBER 10, 2024

Forecasts have suggested that market dynamics are changing and that the private equity is poised to expand at an annualized growth rate of 12.8% They expect that by 2030, this number will jump to one in every four firms. to double in AUM from $5.8T Thats still a stretch for many firms.

Uncertainty 97

Uncertainty Data-driven Marketing Insurance 97

IBM Big Data Hub

FEBRUARY 14, 2024

Based on the IEA forecast, wind electricity generation is expected to more than double to 350 gigawatts (GW) by 2028 3 with China’s renewable energy market increasing 66% in 2023 alone. In September 2022, The White House announced plans to deploy 30 GW of floating offshore wind power by 2030. 5 New Actions to Expand U.S.

Forecasting 51

Forecasting Technology Risk Machine Learning 51

Smarten

JULY 16, 2024

Billion at a 23.14% CAGR by 2030 – Report by Market Research Future (MRFR).’ There is good reason for this forecast. According to recent research, ‘Mobile BI Market Projected to Hit USD 61.15

Business Intelligence 64

Business Intelligence Key Performance Indicator Forecasting Dashboards 64

IBM Big Data Hub

FEBRUARY 20, 2024

Studies show that planting trees combats desertification and triggers greater rainfall, 8 while artificial intelligence-powered climate forecasts and crop data analysis can help farmers make informed decisions on crop management under challenging circumstances.

Forecasting 113

Forecasting Modeling Reporting Risk 113

CIO Business Intelligence

AUGUST 28, 2023

The World Bank has been coordinating a “ Digital Economy Initiative for Africa ” which aims to ensure that every individual, business, and government in Africa is digitally enabled by 2030. These efforts are clearly working. Africa’s digital economy and tech ecosystem is experiencing exponential growth.

Digital Transformation 98

Digital Transformation Statistics Marketing Technology 98

IBM Big Data Hub

OCTOBER 17, 2023

The Paris Agreement on climate change also mandates that these industries will need to reduce annual emissions by 12-16% by 2030. And to top it all, we can capture process dynamics as these models do multi-variate forecasting with good accuracy. We have observed that these foundation models are 7 times as accurate as regression models.

Modeling 96

Modeling Optimization Manufacturing Data-driven 96

Smart Data Collective

JULY 24, 2023

a year until 2030. With predictive analytics, sports organizations can forecast fan engagement, identify trends, and enhance fan loyalty through targeted strategies. Fortune Business Insights reports that the sports industry spent $2.98 billion on analytics last year. That figure is projected to keep growing at a rate of 28.7%

Analytics Technologies 98

Analytics Technologies Marketing Technology Analytics 98

CIO Business Intelligence

JUNE 22, 2022

Oxford Economics, a leader in global forecasting and quantitative analysis, teamed up with Huawei to develop a new approach to measuring the impact of digital technology on economic performance. The digital economy has become a key force for economic growth and social development.

Digital Transformation 105

Digital Transformation Internet of Things Manufacturing Unstructured Data 105

bridgei2i

APRIL 26, 2021

It is said that AI will increase cash flow by 120% by 2030, which means adding more value to customer service. Enhances forecasting accuracy . Probably, it is the most substantial benefit as AI helps in reducing human error by forecasting cash flow and the objectives that the business needs to achieve. Unlocking opportunities .

Enterprise 52

Enterprise Forecasting Cost-Benefit Sales 52

IBM Big Data Hub

FEBRUARY 14, 2024

Based on the IEA forecast, wind electricity generation is expected to more than double to 350 gigawatts (GW) by 2028 3 with China’s renewable energy market increasing 66% in 2023 alone. In September 2022, The White House announced plans to deploy 30 GW of floating offshore wind power by 2030. 5 New Actions to Expand U.S.

Forecasting 40

Forecasting Technology Risk Machine Learning 40

IBM Big Data Hub

DECEMBER 20, 2023

For instance, if data scientists were building a model for tornado forecasting, the input variables might include date, location, temperature, wind flow patterns and more, and the output would be the actual tornado activity recorded for those days. the target or outcome variable is known).

Machine Learning 73

Machine Learning Modeling Deep Learning Predictive Modeling 73

Sisense

OCTOBER 29, 2020

In fact, according to forecasts by Western Digital, the storage capacity per vehicle could amount to 11 terabytes by 2030. The most advanced prototypes of level 4 and 5 AVs carry huge computers,” said Ramsey.

Machine Learning 90

Machine Learning Data Collection Cost-Benefit Advertising 90

IBM Big Data Hub

JULY 27, 2023

through 2030. By analyzing asset data, companies can identify inefficiencies, uncover cost-saving opportunities and make more accurate budget forecasts. As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9% equipment, machinery and infrastructure).

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

Data Insight

OCTOBER 27, 2021

trillion in 2030*. Manufacturing: Forecasting expected demand, process automation, precision cutting, analysis of IoT data. The potential contribution to the global economy from AI could be $15.7 Artificial Intelligence, or AI as we know it, is around us every day.

Machine Learning 52

Machine Learning Insurance Cost-Benefit Unstructured Data 52

IBM Big Data Hub

FEBRUARY 23, 2024

Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends. billion by 2030.

Enterprise 95

Enterprise Interactive Data-driven Key Performance Indicator 95

IBM Big Data Hub

OCTOBER 20, 2023

trillion to the global economy in 2030, more than the current output of China and India combined.” Inventory management : AI-powered demand forecasting apps and tools improve inventory control, reducing excess stock and stockouts compared to traditional methods. PwC calculates that “AI could contribute up to USD 15.7

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

CIO Business Intelligence

JANUARY 30, 2025

In 2023, this percentage fell to 48%, and survey respondents forecasted that a stubborn 43% of workloads will still be hosted in corporate data centers in 2025. The forecast anticipates strong growth through 2028, with spending expected to be near $378 billion, at a double-digit rate.

Enterprise 129

Enterprise Data Processing Forecasting IoT 129