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

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

IBM Big Data Hub

JULY 6, 2023

A manufacturer developed powerful, 3D-printed sensors to guide driverless vehicles. One ride-hailing transportation company uses big data analytics to predict supply and demand, so they can have drivers at the most popular locations in real time. An e-commerce conglomeration uses predictive analytics in its recommendation engine.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

FineReport

APRIL 26, 2023

For example, a computer manufacturing company could develop new models or add features to products that are in high demand. Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Andrew White

JANUARY 11, 2021

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. On end user clients calls, are you hearing a greater focus on use cases and greater need for prescriptive analytics, ex marketing analytics, sales analytics, healthcare, etc.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

CIO Business Intelligence

APRIL 9, 2025

According to ResearchGate , leaders leveraging quantitative analysis can forecast future trends, optimize operations, improve product offerings and increase customer satisfaction with greater reliability. The GenAI revolution in enterprise analytics In 2025, generative AI is profoundly reshaping the analytics landscape.

Enterprise 102

Enterprise Analytics Experimentation Machine Learning 102

Jet Global

MAY 1, 2023

In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future. The industries that are users of embedded analytics are interesting. Financial Services represent 13.0

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

CIO Business Intelligence

MAY 6, 2025

This is where analytics begins to proactively impact decision-making. Ive seen clients use predictive models to forecast sales pipeline health, identify fraud risk in real-time, or assess which patients are most likely to be readmitted post-discharge. Its a symptom of needing one. What will happen? What should we do?

Prescriptive Analytics 78

Prescriptive Analytics Predictive Analytics Descriptive Analytics ROI 78