CIO Business Intelligence

JANUARY 19, 2024

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. You need experience in machine learning and predictive modeling techniques, including their use with big, distributed, and in-memory data sets.

Data Science 126

Data Science Machine Learning Predictive Modeling Forecasting 126

CIO Business Intelligence

MARCH 22, 2022

Two groups of researchers are already using Nvidia’s Modulus AI framework for developing physics machine learning models and its Omniverse 3D virtual world simulation platform to forecast the weather with greater confidence and speed, and to optimize the design of wind farms.

Modeling 144

Modeling Machine Learning Forecasting Optimization 144

Smarten

MAY 17, 2019

Whether you need to anticipate and plan for equipment maintenance, target online customers, control customer churn, or identify ways to cross-sell and upsell customers on existing and new products and services, these predictive analytics tools can help you to optimize your marketing budget and your resources and mitigate risk and market missteps.

Predictive Analytics 66

Predictive Analytics Forecasting Analytics Predictive Modeling 66

Smarten

MARCH 23, 2020

Predictive Analytics for Business Users = Assisted Predictive Modeling! These types of decision-making can be particularly dangerous to your business when they are applied to predicting and forecasting. Are you tired of using guesswork and opinions to make business decisions?

Predictive Analytics 52

Predictive Analytics Forecasting Predictive Modeling Analytics 52

Smart Data Collective

APRIL 21, 2022

This will as well ensure accuracy in forecasting power generation rates and respective grid adjustments. To properly optimize the overall solar farm efficiency, every solar panel must operate at its peak capacity. To optimize solar farm operations, the farm will require the incorporation of IoT technologies.

IoT 126

IoT Internet of Things Forecasting Predictive Modeling 126

Smarten

JANUARY 15, 2019

How Can I Leverage Assisted Predictive Modeling to Benefit My Business? Some people hear the term ‘assisted predictive modeling’ and their eyes cross. Analyze, share and optimize business potential. Explore Assisted Predictive Modeling and find out how it can benefit your organization.

Predictive Modeling 40

Predictive Modeling Modeling Forecasting Predictive Analytics 40

CIO Business Intelligence

MAY 21, 2024

With this model, patients get results almost 80% faster than before. Next, Northwestern and Dell will develop an enhanced multimodal LLM for CAT scans and MRIs and a predictive model for the entire electronic medical record. One of our retail customers is starting to talk about pulling in weather data.

IT 131

IT Cost-Benefit Experimentation Forecasting 131

Sisense

FEBRUARY 25, 2021

One of the most important applications of data is using it to forecast the future. This is where forecasting analytics can be a game-changer in the decision-making process. In a recent webinar , I talked about how one of our customers, a performance theater owner, uses predictive analytics. Data-driven forecasting decisions.

Forecasting 52

Forecasting Analytics Predictive Modeling Machine Learning 52

Rocket-Powered Data Science

JULY 13, 2023

Beyond the early days of data collection, where data was acquired primarily to measure what had happened (descriptive) or why something is happening (diagnostic), data collection now drives predictive models (forecasting the future) and prescriptive models (optimizing for “a better future”).

Analytics 167

Analytics Machine Learning Data Science Data Collection 167

DataRobot

OCTOBER 19, 2021

Many available forecasts provide less than four weeks notice at the state and county level. Additionally, these forecasts often miss surges in community transmission until it is too late to change course. Traditional predictive models do not account for anomaly detection on data reporting issues (e.g.,

Forecasting 98

Forecasting Predictive Modeling Optimization Testing 98

Smarten

JANUARY 28, 2020

Predictive analytics is more refined, more dependable and more comprehensive than ever. The foundation for predictive analysis is a great predictive analytics tool, and features and function that include assisted predictive modeling.

Predictive Analytics 69

Predictive Analytics Software Predictive Modeling Analytics 69

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

AI is also making it easier for executives and managers to rapidly forecast, plan and analyze to promote deeper situational awareness and facilitate better-informed decision-making. In tech speak, this means the semantic layer is optimized for the intended audience. This can save budget owners time and shorten planning cycles.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

CIO Business Intelligence

MARCH 19, 2025

Integrating ESG into data decision-making CDOs should embed sustainability into data architecture, ensuring that systems are designed to optimize energy efficiency, minimize unnecessary data replication and promote ethical data use.

IT 59

IT Data Governance Data-driven Metrics 59

datapine

AUGUST 14, 2019

The example above shows us a visual of the drag and drop interface created in datapine for a 6 months forecast based on past and current data. It has numerous features such as creating and viewing databases, executing and optimizing SQL queries, viewing server status, performing backup and recovery, and much more.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

Smart Data Collective

SEPTEMBER 30, 2021

2 Through artificial intelligence-based prediction, there can be improvement in decision making regarding droughts and better methods and timing employed to ensure optimal water resource allocation and disseminating information ahead of drought events. Optimization of Electric Vehicle Charging. Wildlife Conservation.

Machine Learning 134

Machine Learning Cost-Benefit Optimization Forecasting 134

CIO Business Intelligence

JUNE 14, 2023

SAS Certified Advanced Analytics Professional The SAS Certified Advanced Analytics Professional credential validates the ability to analyze big data with a variety of statistical analysis and predictive modeling techniques.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

Jedox

APRIL 16, 2020

What does your economic forecast look like for the foreseeable future? Most organizations lack the analytic maturity to be able to turn to their team of data scientists and have them build intelligent prescriptive models that easily light up the road to success. Forecast realistic outcomes. So what’s the alternative?

Uncertainty 94

Uncertainty Management Forecasting Visualization 94

CIO Business Intelligence

DECEMBER 11, 2023

For example, by tapping into real-time data with AI-enabled analytics, CFOs will be able to develop multiple scenarios for capital allocation, offering more forward-looking projections and more accurate forecasts.

Finance 105

Finance Forecasting IoT Predictive Modeling 105

Smarten

JUNE 8, 2023

Working with real-time, clear, accurate information can make all the difference. Today’s business intelligence solutions provide mobile support for business users in an easy-to-use, self-serve environment, so every team member can participate in data analytics and use that data to perform their role and to make confident decisions.

Optimization 69

Optimization Enterprise Business Intelligence Predictive Modeling 69

BizAcuity

NOVEMBER 13, 2024

Advanced Analytics and Predictive Insights The real value of data lies in its ability to forecast trends and identify opportunities. Advanced analytics and predictive modeling are core offerings of BI consulting services, enabling organizations to move from descriptive reporting to proactive decision-making.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. Increasing dynamics demand adjustments to the corporate management process – as well as strategic planning and forecasting – to meet growing requirements.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. Increasing dynamics demand adjustments to the corporate management process – as well as strategic planning and forecasting – to meet growing requirements.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

Sisense

JANUARY 26, 2020

The process of producing goods is an enormous opportunity for data optimization. Because the steps are repeated so many times through the process, a small edge created via predictive analytics in manufacturing will be magnified at every repetition to produce significant benefit. Improve forecasts and maximize revenue.

Predictive Analytics 78

Predictive Analytics Manufacturing Analytics Forecasting 78

Smarten

MAY 14, 2019

If a business wishes to optimize inventory, production and supply, it must have a comprehensive demand planning process; one that can forecast for customer segment growth, seasonality, planned product discounting or sales, bundling of products, etc. Marketing Optimization. Predictive Analytics Using External Data.

Predictive Analytics 58

Predictive Analytics Analytics Predictive Modeling Forecasting 58

Smarten

NOVEMBER 26, 2018

With the right predictive analytics tool, your business can hypothesize, test theories, discover the effects of a possible price increase, discover and address changing buying behavior and develop appropriate competitive strategies.

Predictive Analytics 58

Predictive Analytics Predictive Modeling Analytics Forecasting 58

DataRobot

OCTOBER 15, 2021

This high cost of investment means that prediction of maximum effectiveness is very important. In oil and gas, predictive modeling with soil sampling, drill temperatures, and vibrations levels can inform drill equipment decisions, maintenance work, and extraction. Conclusion.

Forecasting 93

Forecasting Data-driven Predictive Modeling Modeling 93

Sisense

MARCH 7, 2021

Read on to find out how Measuremen optimizes workspace utilization, Skullcandy minimizes product returns, and Air Canada improves airline safety. Measuremen: Optimizing facilities use with data from numerous sources. Additional data sources increase your chances to inform actions, fueling top-line and bottom-line growth.

Slice and Dice 98

Slice and Dice Data-driven Forecasting Cost-Benefit 98

IBM Big Data Hub

APRIL 28, 2022

To truly understand the data fabric’s value, let’s look at a retail supply chain use case where a data scientist wants to predict product back orders so that they can maintain optimal inventory levels and prevent customer churn. How does a data fabric impact the bottom line?

Data Warehouse 77

Data Warehouse Metadata Forecasting Predictive Modeling 77

Smarten

SEPTEMBER 28, 2022

Plan and forecast accurately.’. Predictive Analytics utilizes various techniques including association, correlation, clustering, regression, classification, forecasting and other statistical techniques. Plan and forecast accurately. Marketing Optimization. Predictive Analytics Using External Data.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

Smarten

MAY 17, 2019

Predictive analytics can help the business to understand online buying behavior, and when, where and how to serve ads, market products and offer discounts or other incentives. Predictive analytics will help you optimize your marketing budget and improve brand loyalty. Marketing Optimization. Customer Targeting.

Predictive Analytics 53

Predictive Analytics Marketing Analytics Predictive Modeling 53

Smarten

MAY 17, 2019

If you can easily integrate data from sources outside the business, you can provide a more comprehensive picture for predicting and forecasting results and anticipating the needs of the market. Marketing Optimization. Customer Targeting. Product and Service Cross-Sell and Upsell. Customer Churn. Fraud Mitigation. Loan Approval.

Predictive Analytics 60

Predictive Analytics Analytics Predictive Modeling Risk Management 60

bridgei2i

AUGUST 28, 2020

A leading CPG manufacturer wanted to create a centralized planning system backed by AI-driven predictive modelling to drive consensus across multiple business functions and leverage synergy. How BRIDGEi2i Delivered Value?

Business Driver 52

Business Driver Predictive Modeling Manufacturing Forecasting 52

Smarten

MAY 15, 2019

If an organization is going to successfully target customers and make optimal use of its marketing budget, it must understand customer buying behavior, and categorize its products and services to target the right customer segments and preferences. Marketing Optimization. Predictive Analytics Using External Data. Loan Approval.

Predictive Analytics 53

Predictive Analytics Analytics Predictive Modeling Recreation/Entertainment 53

Smarten

SEPTEMBER 26, 2018

How Can My Business Use Assisted Predictive Modeling to Optimize Resources? There was a time, not so long ago, when predictive analysis, business forecasting and planning for results involved guesswork and lots of unscientific review of historical data.

Predictive Modeling 40

Predictive Modeling Predictive Analytics Forecasting Optimization 40

Smarten

MAY 13, 2019

The cost of acquiring a new customer includes marketing and advertising, resources and personnel, customer support, search engine optimization and more. We invite you to explore other use cases and discover how predictive analytics, and assisted predictive modeling can help your business to achieve its goals.

Predictive Analytics 53

Predictive Analytics Analytics Predictive Modeling Advertising 53

Smarten

JUNE 8, 2022

‘Citizen Data Scientists can create new models, share models and collaborate, thereby improving business results and data literacy.’. In this article, we provide some examples of what a Citizen Data Scientist can do to advance the goals and interests of the organization and optimize their productivity and performance.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Forecasting Optimization 52

Smarten

MAY 15, 2019

Forecasting necessary maintenance and equipment replacement and ensuring that the business is ready with resources and funding is critical and will help the business to optimize parts and inventory management, schedules and training, costs, customer satisfaction and revenue. Marketing Optimization. Customer Targeting.

Predictive Analytics 10

Predictive Analytics Management Analytics Cost-Benefit 10