David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Verticals and related subverticals include manufacturing, food and beverage, hospitality, healthcare, distribution and retail. Infor introduced its original AI and machine learning capabilities in 2017 in the form of Coleman, which uses its Infor AI/ML platform built on Amazon’s SageMaker to create predictive and prescriptive analytics.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

IBM Big Data Hub

SEPTEMBER 19, 2023

Healthcare systems can also forecast which regions will experience a rise in flu cases or other infections. Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations. Diagnostic analytics: Diagnostic analytics helps pinpoint the reason an event occurred.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

IBM Big Data Hub

JANUARY 25, 2024

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. 2 Unless your demand forecasting is accurate, adopting a reactive approach might prove less efficient. What’s at stake? trillion, up from USD 864 billion in 2019 to 2020.

Optimization 73

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 73

CIO Business Intelligence

JUNE 7, 2022

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

CIO Business Intelligence

NOVEMBER 14, 2022

Bayer Crop Science has applied analytics and decision-support to every element of its business, including the creation of “virtual factories” to perform “what-if” analyses at its corn manufacturing sites. Forecasting models. Analytics, Data Science Clinical DSS. These systems help clinicians diagnose their patients.

Data mining 144

Data mining Data-driven Statistics OLAP 144

BizAcuity

MARCH 31, 2022

Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management. AI comes handy for managing inventory, manufacturing, production and marketing. AI in Finance. AI Platforms.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

CIO Business Intelligence

FEBRUARY 16, 2023

The next goal, with the aid of partner Findability Sciences, will be to build out ML and AI pipelines into an information delivery layer that can support predictive and prescriptive analytics. “As That is the domain of AI and advanced analytics that serve a role beyond just insight and business optimization.

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Data Warehouse 105