CIO Business Intelligence

FEBRUARY 6, 2025

But heres the question I keep asking myself: do we really need this immense power for most of our analytics? Think about it: LLMs like GPT-3 are incredibly complex deep learning models trained on massive datasets. In analytics, LLMs can create natural language query interfaces, allowing us to ask questions in plain English.

Unstructured Data 115

Unstructured Data Manufacturing Data Governance Sales 115

CIO Business Intelligence

JUNE 7, 2022

Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance. Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

CIO Business Intelligence

JUNE 1, 2022

Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . Just starting out with analytics? billion by 2030.

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

CIO Business Intelligence

SEPTEMBER 19, 2023

Rolls-Royce has also found use for AI in predictive maintenance to improve the efficiency of jet engines and reduce the amount of carbon their planes produce, while also streamlining maintenance schedules through predictive analytics. Artificial Intelligence, Chatbots, IT Strategy, Predictive Analytics

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

CIO Business Intelligence

JUNE 22, 2023

Organizations are also seeking more established IT skills such as predictive analytics, natural language processing, deep learning, and machine learning, says Mike Hendrickson, VP of tech and dev products at Skillsoft. Another area that will benefit from upskilling is AI ethics.

IT 105

IT Machine Learning Deep Learning Technology 105

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

Jedox

JULY 31, 2018

Part one of our blog series explored how people are the driving force behind the digital transformation and how it is fueled by artificial intelligence and machine learning. Advanced analytics responds to next-generation requirements. This is known as prescriptive analytics. Simply put, it is extremely(!)

Technology 44

Technology Prescriptive Analytics Machine Learning Business Intelligence 44