CIO Business Intelligence

FEBRUARY 20, 2025

In addition, they can use statistical methods, algorithms and machine learning to more easily establish correlations and patterns, and thus make predictions about future developments and scenarios. Most use master data to make daily processes more efficient and to optimize the use of existing resources.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

bridgei2i

JUNE 30, 2020

They need to figure out ways on how to balance their workforce with the right skills and also optimize cost. Additionally, there are challenges of digitally recruiting the right people and onboarding them remotely in the light of this disruption. Stat) in Statistics from the Indian Statistical Institute.

Enterprise 98

Enterprise Technology Digital Transformation Manufacturing 98

bridgei2i

MAY 26, 2020

In the twelve-year bull run that preceded this crisis with short secular uptrends; statistical forecasting models could not really be differentiated from high powered causal machine learning models. You know, one other advice I would give is to really forecast better, right. And I’m specifically talking about demand forecasting here.

Enterprise 131

Enterprise Management Forecasting Manufacturing 131