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

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 65

Predictive Analytics Forecasting Analytics Predictive Modeling 65

Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

Predictive Analytics 127

Predictive Analytics Analytics Predictive Modeling Data mining 127

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. Explore Assisted Predictive Modeling and find out how it can benefit your organization. Nothing could be further from the truth.

Predictive Modeling 40

Predictive Modeling Modeling Forecasting Predictive Analytics 40

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

CIO Business Intelligence

NOVEMBER 27, 2024

Recent research shows that 67% of enterprises are using generative AI to create new content and data based on learned patterns; 50% are using predictive AI, which employs machine learning (ML) algorithms to forecast future events; and 45% are using deep learning, a subset of ML that powers both generative and predictive models.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

Smarten

SEPTEMBER 14, 2018

Just Simple, Assisted Predictive Modeling for Every Business User! You can’t get a business loan, join with a business partner, successfully bid on a project, open a new location, hire the right employees or plan for the future without predictive analytics. No Guesswork!

Predictive Modeling 40

Predictive Modeling Business Analytics Modeling Analytics 40

CIO Business Intelligence

SEPTEMBER 24, 2024

PwC AI-powered predictive models are essential to forecasting peak usage and scaling resources. By analysing historical data to identify trends, a model can predict future demand, which can help companies prepare for spikes in resource utilisation and avoid costs for resources that go unused during low-demand periods.

Predictive Modeling 115

Predictive Modeling Machine Learning Forecasting Data-driven 115

DataRobot

NOVEMBER 14, 2019

The high volume of market data makes searching for hidden patterns and developing forward-looking predictive models unruly, cumbersome, and slow using traditional methods and technologies. Competition throughout the financial markets is becoming more intense and top-line growth is becoming more challenging than ever to achieve.

Marketing 14

Marketing Forecasting Predictive Modeling Modeling 14

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

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. It is stocked with data gathered from multiple authoritative sources and available for immediate analysis, forecasting, planning and reporting.

Forecasting 130

Forecasting Machine Learning Finance Software 130

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

Smarten

MARCH 13, 2018

That may seem like a tall order but with the right business intelligence software, you can provide predictive analytics for business users, including assisted predictive modeling that walks users through the analytical process and allows them to achieve the best results without a sophisticated knowledge of data analytical techniques.

Predictive Modeling 40

Predictive Modeling Modeling Analytics Predictive Analytics 40

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

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. Computational mathematics is in the heart of this language, typically used in algorithm development, modeling and simulation, scientific and engineering graphics, data analysis, and exploration.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

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 67

Predictive Analytics Software Predictive Modeling Analytics 67

BI-Survey

NOVEMBER 24, 2020

This generates significant challenges for organizations in many areas and corporate planning and forecasting are no exceptions. The aim is to relieve planners and use historical data for valuable forecasts of the future. Planning, forecasting and analytics must be adapted to keep up with these demands.

Forecasting 94

Forecasting Predictive Modeling Statistics Data-driven 94

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

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

Smart Data Collective

APRIL 21, 2022

This will as well ensure accuracy in forecasting power generation rates and respective grid adjustments. Effective production forecast. Apart from the reactive response, the IoT for renewable energy includes effective production forecasts and improves grid stability.

IoT 111

IoT Internet of Things Forecasting Predictive Modeling 111

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

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

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 95

Uncertainty Management Forecasting Predictive Modeling 95

Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Forecasting. Access to Flexible, Intuitive Predictive Modeling. Trends and Patterns. Classification.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity. About Smarten.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Smarten

NOVEMBER 14, 2017

Predictive Analytics for the Faint of Heart! Assisted Predictive Modeling , Predictive Analytics. They don’t want to have to try to unravel the complicated world of data analytics and be forced to choose forecasting techniques or predictive models. Leave it to the Software!

Predictive Analytics 64

Predictive Analytics Analytics Predictive Modeling Forecasting 64

Smarten

JUNE 26, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA Forecasting? Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series of errors. p: to apply autoregressive model on series.

Forecasting 40

Forecasting Enterprise IT Sales 40

Smarten

DECEMBER 15, 2017

Plug n’ Play Predictive Analysis for Accurate Forecasting! One very important capability is Put n’ Play predictive analysis. Assisted Predictive Modeling and predictive analysis tools should include sophisticated functionality in a simple environment that is easy for every business user.

Predictive Analytics 63

Predictive Analytics Analytics Predictive Modeling Experimentation 63

Jedox

MAY 17, 2022

What Predictive Analytics Cannot Forecast. Predictive Analytics Example in Finance. A Brief History of Predictive Analytics. No industry has attempted to do more with predictive analytics than the financial services industry. What is Predictive Analytics? What Predictive Analytics Cannot Forecast.

Predictive Analytics 85

Predictive Analytics Finance Analytics Forecasting 85

Smarten

JULY 23, 2019

What is Predictive Analytics and How Can it Help My Business? What is predictive analytics? Put simply, predictive analytics is a method used to forecast and predict the future results and needs of an organization using historical data and a comprehensive set of data from across and outside the enterprise.

Modeling 63

Modeling Predictive Analytics Predictive Modeling IT 63

CIO Business Intelligence

JUNE 7, 2022

Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes. It is frequently used for economic and sales forecasting. Data analytics vs. business analytics.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

datapine

MARCH 25, 2022

While some experts try to underline that BA focuses, also, on predictive modeling and advanced statistics to evaluate what will happen in the future, BI is more focused on the present moment of data, making the decision based on current insights. Usage in a business context.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smarten

AUGUST 5, 2022

Can Predictive Analytics Provide Accurate Results for My Business Without Burdening My Users? If your business is struggling to forecast and predict outcomes and results, your management team is probably considering predictive analytics. Understanding Assisted Predictive Modeling.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Forecasting 52

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

Smarten

JUNE 19, 2019

Encourage Data Literacy and Achieve Results with Assisted Predictive Modeling! If you want to include predictive analytics and forecasting in your planning process, there are numerous analytical techniques and algorithms at your disposal. In short, augmented analytics learning does not have to include years of study.

Predictive Analytics 56

Predictive Analytics Analytics Predictive Modeling Forecasting 56

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