Rocket-Powered Data Science

OCTOBER 6, 2023

Using the same statistical terminology, the conditional probability P(Y|X) (the probability of Y occurring, given the presence of precondition X) is an expression of predictive analytics. By exploring and analyzing the business data, analysts and data scientists can search for and uncover such predictive relationships.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Statistics 157

CIO Business Intelligence

MARCH 23, 2022

Implementing new technology for enterprise transformation brings increased responsibility to ensure the organization and its customers are protected from emerging risks associated with that new technology. Organizations must use it to improve business value or risk having it used against them by their competitors.

Technology 98

Technology Internet of Things IoT Data-driven 98

IBM Big Data Hub

JUNE 14, 2023

An innovative application of the Industrial Internet of Things (IIoT), SM systems rely on the use of high-tech sensors to collect vital performance and health data from an organization’s critical assets. What’s the biggest challenge manufacturers face right now?

Manufacturing 71

Manufacturing Technology Internet of Things Cost-Benefit 71

CIO Business Intelligence

APRIL 6, 2022

The first wave of edge computing: Internet of Things (IoT). For most industries, the idea of the edge has been tightly associated with the first wave of the Internet of Things (IoT). As the potential risk outweighed the unproven benefits, many felt it was prudent to take a wait-and-see attitude.

IoT 105

IoT Internet of Things Data-driven Manufacturing 105

Cloudera

FEBRUARY 3, 2021

The challenge is particularly intense because the vaccine will not be distributed en masse to all individuals, but by segments that include occupation, age, preexisting risk, and geography. . With these variables and risks at play, the need for a more coordinated and agile supply chain is key. Supply Chain 4.0 .

Manufacturing 107

Manufacturing Forecasting Internet of Things Risk 107

Smart Data Collective

JULY 2, 2019

Kaiserwetter, a German data analytics firm that specializes in managing wind farms, has developed a pioneering system that combines several digital technologies that are making headway. But how can the “Internet of Things” contribute to energy efficiency?

Data Analytics 97

Data Analytics Internet of Things Analytics Big Data 97

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption. Because finding the right suppliers can be challenging, some businesses turn to technology to help.

Strategy 81

Strategy Management Forecasting Internet of Things 81

Cloudera

AUGUST 18, 2021

Otherwise, they risk quickly becoming overwhelmed by massive volumes of data captured in different formats from a diversity of sources, including Internet of Things (IoT) sensors, websites, mobile devices, cloud infrastructures, and partner networks. .

Data Lake 88

Data Lake IoT Internet of Things Data-driven 88

Sisense

OCTOBER 6, 2020

And, as industrial, business, domestic, and personal Internet of Things devices become increasingly intelligent, they communicate with each other and share data to help calibrate performance and maximize efficiency. The result, as Sisense CEO Amir Orad wrote , is that every company is now a data company.

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

IBM Big Data Hub

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. It can also significantly increase uptime and lifespan.

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

IBM Big Data Hub

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime.

Technology 52

Technology Cost-Benefit Optimization Internet of Things 52

Cloudera

JANUARY 22, 2019

It enables orchestration of data flow and curation of data across various big data platforms (such as data lakes, Hadoop, and NoSQL) to support a single version of the truth, customer personalization, and advanced big data analytics. Cloudera Enterprise Platform as Big Data Fabric. Flexible/Location-agnostic Infrastructure.

Big Data 44

Big Data Data Lake Internet of Things Enterprise 44

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Data-driven 150

Jet Global

JUNE 18, 2019

Of all the transformative effects the internet has had on the world of business, none is more dramatic than the proliferation of data it has enabled. Health data is being used to improve patient wait times, shorten hospital visits, and apply predictive analytics to at-risk patients with complex medical histories.

Big Data 75

Big Data Software Data Analytics Analytics 75

Jet Global

OCTOBER 3, 2019

Of all the transformative effects the internet has had on the world of business, none is more dramatic than the proliferation of data it has enabled. Health data is being used to improve patient wait times, shorten hospital visits, and apply predictive analytics to at-risk patients with complex medical histories.

Big Data 53

Big Data Software Data Analytics Analytics 53

datapine

AUGUST 29, 2022

However, don’t be deceived – just as you don’t need to be a literal startup to gain a lot of value from Eric Ries’ work, companies of all sizes and shapes can learn a lot of valuable information from “Lean Analytics”. 7) Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die by Eric Siegel.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

CIO Business Intelligence

JANUARY 6, 2025

Healthcare: AI-powered diagnostics, predictive analytics, and telemedicine will enhance healthcare accessibility and efficiency. Finance: Fraud detection, risk assessment, and customer personalization will dominate AI use cases in banking and fintech. The Internet of Things is gaining traction worldwide.

IoT 81

IoT Digital Transformation Data-driven Machine Learning 81

CIO Business Intelligence

FEBRUARY 3, 2025

In green- and smart-building management, AI agents paired with the internet of things (IoT) will handle routine metrics, issue alerts, and autonomously schedule maintenance crews for optimal efficiency. Smarter AI chatbots will offer empathetic and efficient support, while predictive analytics proactively resolves issues.

Enterprise 111

Enterprise Digital Transformation IoT Data-driven 111