Descriptive Analytics, IoT and Predictive Modeling

Beyond the hype: Do you really need an LLM for your data?

CIO Business Intelligence

FEBRUARY 6, 2025

Even basic predictive modeling can be done with lightweight machine learning in Python or R. Imagine such a system processing unstructured text data like historical maintenance logs, technician notes, defect reports and warranty claims, and correlating it with structured sensor data such as IoT readings and machine telemetry.

Unstructured Data

Unstructured Data Manufacturing Data Governance Sales

Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

OCTOBER 6, 2023

The counterexample to the supervised learning explanation of precursor analytics is a “black swan” event – a rare high-impact event that is difficult to predict under normal circumstances – such as the global pandemic, which led to the failure of many predictive models in business. Pay attention!

Business Analytics

Business Analytics Prescriptive Analytics Analytics Statistics

Data Leaders Brief

Beyond the hype: Do you really need an LLM for your data?

Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

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