Remove Forecasting Remove IoT Remove Optimization
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How AI and IoT Solutions Can Improve Your Business

Smart Data Collective

In today’s modern era, AI and IoT are technologies poised to impact every part of the industry and society radically. In addition, as companies attempt to draw better significance from the huge datasets gathered by linked devices, the potential of AI is accelerating the wider implementation of IoT. l Improved Risk Management.

IoT 136
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Is Data Analytics Ushering in the Modern Age of Weather Forecasting?

Smart Data Collective

Weather forecasting technology has grown from strength to strength in the last few decades. Gone are the days when you had to wait for the local news channel to share the weather forecasts for the next day. But if there’s one technology that has revolutionized weather forecasting, it has to be data analytics.

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3 Compelling Ways IoT is Changing the Solar Industry

Smart Data Collective

Many industries are helping drive growth for the IoT. More solar manufacturers are turning to the IoT to get the most output for their customers. This is why there is a need for expanding IoT applications in the power sector. This will as well ensure accuracy in forecasting power generation rates and respective grid adjustments.

IoT 110
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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO Business Intelligence

Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. Transformation using these technologies is not just about finding ways to reduce energy consumption now,” says Binu Jacob, Head of IoT, Microsoft Business Unit, Tata Consultancy Services (TCS).

IoT 105
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Reference guide to build inventory management and forecasting solutions on AWS

AWS Big Data

Forecasting is another critical component of effective inventory management. Accurately predicting demand for products allows businesses to optimize inventory levels, minimize stockouts, and reduce holding costs. However, forecasting can be a complex process, and inaccurate predictions can lead to missed opportunities and lost revenue.

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Top 10 IT & Technology Buzzwords You Won’t Be Able To Avoid In 2020

datapine

There are a large number of tools used in AI, including versions of search and mathematical optimization, logic, methods based on probability and economics, and many others. While IoT was a prominent feature of buzzwords 2019, the rapid advancement and adoption of the internet of things is a trend you cannot afford to ignore in 2020.

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IT spending in the MENA region will grow 5.2% this year

CIO Business Intelligence

According to Gartner, IT spending in the Middle East and North Africa (MENA) region is forecast to total 193.7 Digital transformation initiatives spearheaded by governments are reshaping the IT landscape, fostering investments in cloud computing, cybersecurity, and emerging technologies such as AI and IoT.