DataRobot Blog

APRIL 29, 2022

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. When business decisions are made based on bad models, the consequences can be severe.

Risk 111

Risk Modeling IT Risk Management 111

Rocket-Powered Data Science

JULY 6, 2021

In at least one way, it was not different, and that was in the continued development of innovations that are inspired by data. This steady march of data-driven innovation has been a consistent characteristic of each year for at least the past decade.

Machine Learning 279

Machine Learning Data-driven Deep Learning IoT 279

DataRobot Blog

DECEMBER 15, 2022

Working from datasets you already have, a Time Series Forecasting model can help you better understand seasonality and cyclical behavior and make future-facing decisions, such as reducing inventory or staff planning. Forecasting for one single item leads to more than five million predictions. Perform exploratory data analysis.

Forecasting 81

Forecasting Modeling ROI Machine Learning 81

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Smarten

APRIL 10, 2023

Investment in predictive analytics benefits everyone in the organization, including business users and team members, data scientists and the organization in general. Predictive analytics provides support for data-driven, fact-based decisions and enables insight, perspective and clarity for improved business agility and efficiency.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

CIO Business Intelligence

AUGUST 20, 2024

Behind the scenes, data augmented with artificial intelligence deliver insights to help enhance energy efficiency and promote sustainable urban development. As is safeguarding data privacy and security amidst an ever-growing network of connected systems. Communication networks need to be resilient to stand up to external disruptions.

IT 122

IT IoT Internet of Things Optimization 122

CIO Business Intelligence

JUNE 14, 2023

Data and big data analytics are the lifeblood of any successful business. Getting the technology right can be challenging but building the right team with the right skills to undertake data initiatives can be even harder — a challenge reflected in the rising demand for big data and analytics skills and certifications.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

Smarten

APRIL 19, 2024

OpenAI – Azure OpenAI as the foundational entity for creating GPT models and is based on Large Language Models (LLM). GPT – Is based on a Large Language Model (LLM). Benefits include customized and optimized models, data, parameters and tuning. It must be integrated with business systems to leverage available data.

Analytics 59

Analytics Predictive Modeling KPI Machine Learning 59

Rocket-Powered Data Science

JULY 13, 2023

Data is more than just another digital asset of the modern enterprise. So, what happens when the data flows are not quarterly, or monthly, or even daily, but streaming in real-time? So, what happens when the data flows are not quarterly, or monthly, or even daily, but streaming in real-time? It is an essential asset.

Analytics 167

Analytics Machine Learning Data Science Data Collection 167

AWS Big Data

AUGUST 21, 2024

The current scaling approach of Amazon Redshift Serverless increases your compute capacity based on the query queue time and scales down when the queuing reduces on the data warehouse. In this post, we describe how Redshift Serverless utilizes the new AI-driven scaling and optimization capabilities to address common use cases.

Optimization 92

Optimization Data Lake Data Warehouse Cost-Benefit 92

CIO Business Intelligence

DECEMBER 11, 2023

It will strengthen and improve the veracity of financial data, and, most importantly, it will help CFOs take a more active role in value creation. Going even further, some of the most progressive finance teams are incorporating sensor-based IoT data from plants, factories, and even trucking fleets to prioritize capital expenditures.

Finance 104

Finance Forecasting IoT Predictive Modeling 104

IBM Big Data Hub

NOVEMBER 29, 2023

With over 200 trains and a multitude of sensors, Downer has accumulated a vast amount of data. Fine-tuning data insights with enhanced collaboration and expertise Downer continuously works to enhance operational efficiency, minimizing maintenance costs and impacts to transportation schedules.

Predictive Modeling 63

Predictive Modeling Data-driven Data Science Forecasting 63

Juice Analytics

APRIL 21, 2021

A data fluent organization should have a massive appetite for data. As you build your data fluency in front-line decision-makers and create a vibrant ecosystem , the demand for data products will grow. What data solutions or products do your data consumers needs? What’s the right tool for the job?

Advertising 133

Advertising Data-driven Dashboards Predictive Modeling 133

FineReport

JUNE 7, 2024

In 2024, data visualization companies play a pivotal role in transforming complex data into captivating narratives. This blog provides an insightful exploration of the leading entities shaping the data visualization landscape. Let’s embark on a journey to uncover the top 10 Data Visualization Companies of 2024.

Visualization 52

Visualization Predictive Analytics Dashboards Predictive Modeling 52

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Predictive Modeling Data-driven 52

Smart Data Collective

JULY 24, 2023

AI’s primary value proposition lies in its ability to analyze large amounts of data quickly and accurately, providing actionable insights that humans might miss. This is especially important in VMS, where businesses must handle complex data from multiple vendors.

Management 87

Management Cost-Benefit Data-driven Predictive Analytics 87

Cloudera

JUNE 27, 2023

During the COVID-19 pandemic, telcos made unprecedented use of data and data-driven automation to optimize their network operations, improve customer support, and identify opportunities to expand into new markets. Modernize data flows.

Data Architecture 61

Data Architecture Predictive Modeling Data Governance Data-driven 61

DataRobot

NOVEMBER 24, 2021

Whatever its requirements, applying data-driven AI strategies can help. Putting sensors into all of its wind turbines enabled GE to stream operational data to the cloud. Improve Supply Chain Logistics by Making Better Predictions. Model production time dropped from two days to five minutes. percent. .

Cost-Benefit 98

Cost-Benefit ROI Data-driven Predictive Modeling 98

Smarten

SEPTEMBER 28, 2022

Apply Predictive Analytics to Specific Business Use Cases for Real Results! Gartner has predicted that, ‘Overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’ Predictive Analytics Using External Data. Customer Targeting.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

CIO Business Intelligence

JUNE 22, 2022

Modern businesses have vast amounts of data at their fingertips and are acutely aware of how enterprise data strategies positively impact business outcomes. Much potential remains untapped when businesses do not translate their data into actionable insights from the point it is created, eroding the usefulness of data over time. .

IoT 96

IoT IT Manufacturing Internet of Things 96

CIO Business Intelligence

OCTOBER 4, 2022

From delightful consumer experiences to attacking fuel costs and carbon emissions in the global supply chain, real-time data and machine learning (ML) work together to power apps that change industries. Data architecture coherence. Putting data in the hands of the people that need it.

Machine Learning 114

Machine Learning Data Architecture Uncertainty Data-driven 114

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. They also need to understand the vitality of quality data for AI success, as well as governance frameworks to ensure responsible and ethical use of AI.

Risk Management 138

Risk Management Cost-Benefit Risk Technology 138

Cloudera

APRIL 27, 2022

Modern businesses have vast amounts of data at their fingertips and are acutely aware of how enterprise data strategies positively impact business outcomes. Much potential remains untapped when businesses do not translate their data into actionable insights from the point it is created, eroding the usefulness of data over time. .

IoT 98

IoT IT Manufacturing Internet of Things 98

IBM Big Data Hub

APRIL 1, 2024

Stacking strong data management, predictive analytics and GenAI is foundational to taking your product organization to the next level. Addressing customer inquiries with an AI-driven chatbot ChatGPT distinguished itself as the first publicly accessible GenAI-powered virtual chatbot.

Predictive Analytics 77

Predictive Analytics Sales Enterprise Predictive Modeling 77

IBM Big Data Hub

AUGUST 22, 2023

It uses real-world data (both real time and historical) combined with engineering, simulation or machine learning (ML) models to enhance operations and support human decision-making. Traditional AI models versus foundation models These capabilities can help to continuously determine the state of the physical object.

Unstructured Data 73

Unstructured Data Consulting Visualization IoT 73

Smarten

MARCH 12, 2020

Self-Serve Data Prep: You Can Have Data Agility AND Data Governance! When you are considering an augmented analytics solution, you will want to look at the capabilities for self-serve data preparation (SSDP). IT staff and senior management may be concerned about losing control of data access and about data security.

Data Governance 69

Data Governance Predictive Modeling Data-driven Visualization 69

DataRobot

OCTOBER 15, 2021

At DataRobot, our engineers and data scientists are thinking about how to harness the power of AI and ML to reduce our carbon footprint, detect where unintended energy emissions may occur, predict anomalous and dangerous weather, and ensure we always have enough energy to meet our needs. AI for Cybersecurity. Request a demo.

Forecasting 93

Forecasting Data-driven Predictive Modeling Modeling 93

Rocket-Powered Data Science

FEBRUARY 12, 2021

Repetition implies that the same steps are repeated many times, for example claims processing or business form completion or invoice processing or invoice submission or more data-specific activities, such as data extraction from documents (such as PDFs), data entry, data validation, and report preparation.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

CIO Business Intelligence

SEPTEMBER 2, 2022

Tim Scannell: Data is a major focus of most IT organizations today — collecting it from a variety of sources, transforming it into business intelligence, getting it into the hands of the right people within the organization. How extensive is your data-driven strategy today? Khare: Yes, they do.

Uncertainty 97

Uncertainty Manufacturing Data-driven Business Intelligence 97

CIO Business Intelligence

SEPTEMBER 2, 2022

Tim Scannell: Data is a major focus of most IT organizations today — collecting it from a variety of sources, transforming it into business intelligence, getting it into the hands of the right people within the organization. How extensive is your data-driven strategy today? Khare: Yes, they do.

Uncertainty 97

Uncertainty Manufacturing Data-driven Business Intelligence 97

Sisense

FEBRUARY 25, 2021

Data accumulation doesn’t necessarily deliver value to your organization — the real worth is derived from what a business does with that information. One of the most important applications of data is using it to forecast the future. Data-driven forecasting decisions. Improving forecasting analytics with competing models.

Forecasting 52

Forecasting Analytics Predictive Modeling Machine Learning 52

O'Reilly on Data

MARCH 23, 2021

Before the advent of broadcast media and mass culture, individuals’ mental models of the world were generated locally, along with their sense of reality and what they considered ground truth. It is, however, driven by the incentives (both visible and hidden) of significant power structures, such as Big Tech companies.

Internet Publishing and Broadcasting 315

Internet Publishing and Broadcasting Broadcasting Data-driven Publishing 315

DataRobot

OCTOBER 19, 2021

DataRobot helped combat this problem head on by applying AI to evaluate and predict resource allocation and identify the most impacted communities from a national to county level. On average, DataRobot forecasts had a 21 percent lower rate of error than all other published competing models over a six to eight week period.

Forecasting 98

Forecasting Predictive Modeling Optimization Testing 98

Juice Analytics

JULY 6, 2018

Putting data on a screen is easy. Gathering a collection of visualizations and calling it a data story is easy (and inaccurate). Making data-driven narrative that influences people.hard. Making it meaningful is so much harder.

Slice and Dice 91

Slice and Dice Predictive Modeling Visualization Data-driven 91

datapine

AUGUST 14, 2019

Data science has become an extremely rewarding career choice for people interested in extracting, manipulating, and generating insights out of large volumes of data. To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

IBM Big Data Hub

OCTOBER 5, 2022

Build planning models to improve supply chain management. You also build planning models to capture relationships and constraints so that you can change your driver assumptions and immediately see the impact on resources and capacity over time. The challenge faced by every company is matching supply with demand.

Analytics 52

Analytics Forecasting Predictive Modeling Manufacturing 52

Cloudera

SEPTEMBER 7, 2023

With the emergence of new creative AI algorithms like large language models (LLM) fromOpenAI’s ChatGPT, Google’s Bard, Meta’s LLaMa, and Bloomberg’s BloombergGPT—awareness, interest and adoption of AI use cases across industries is at an all time high.

Insurance 81

Insurance Risk Data-driven Finance 81