Big data machine learning and predictive analytics have become an integral part of the retail industry. Enterpises across the world have now begun making informed decisions backed by data.
The document discusses how big data can enable innovation across multiple industries. It notes that while big data is not always needed for innovation, analyzing large datasets of millions or billions of records can help detect rare patterns that could transform industries like pharmaceuticals by enabling personalized drugs. Technological advances have made it possible to store and analyze vast amounts of data quickly enough to power real-time, fact-based decision making. The document provides examples of how big data could predict new types of services for aging populations or materials to improve infrastructure reliability and help emerging industries like renewable energy reduce costs through predictive maintenance.
How big data help boost your business ?Suresh Bhuj
Are you new to the #data world? We understand making sense of #BigData can seem daunting, however bringing it all together can be easy by using the right tools!
Visit https://www.cloudaeon.co.uk and let us help you on your data journey.
For any info mail: info@cloudaeon.net
Seminar & Talkshow : How Big Data & IoT Create Smart Environment and Business...Tunjung Utomo
- Big data is a large collection of datasets that were once difficult to process due to their size and complexity but can now be managed through tools and expertise.
- Big data changes business by allowing companies to use data as an asset to create new products/services, gain better customer insights, improve efficiency, and enable near real-time analysis for decision making.
- Examples of big data use cases include using location data to analyze visitor patterns at an F1 race, using predictive analytics for better sales and pricing recommendations, conducting root cause analysis to reduce costs, enabling real-time equipment monitoring for efficiency, and monitoring business performance metrics.
Hitachi Live Insight for Telecom is advanced real-time analytics that transforms network data into actionable insights. It empowers operations with granular and predictive insight, enriches services to improve quality of experience, and elevates business value with new analytics-as-a-service offers.
Electrical distributors have been collecting data on product sales and customer orders for years now. But, technology now allows for the collection, synthesis and analysis of information like never before. Under the guise of Big Data, many industries are planning and even projecting outcomes. Most distributors are only utilizing ERP data, but at what cost? This white paper walks through how members of the electrical distribution channel can plan and execute big data projects to maximize not only sales, but also stock, logistics and customer satisfaction.
IBM InterConnect 2013: Big Data and Analytics Presented by Mike RhodinIBM Events
Presented by Mike Rhodin, Senior VP, Software Solutions Group, at IBM InterConnect 2013.
Session titled: Best Practices in Becoming a Smarter Enterprise.
The document discusses how big data can enable innovation across multiple industries. It notes that while big data is not always needed for innovation, analyzing large datasets of millions or billions of records can help detect rare patterns that could transform industries like pharmaceuticals by enabling personalized drugs. Technological advances have made it possible to store and analyze vast amounts of data quickly enough to power real-time, fact-based decision making. The document provides examples of how big data could predict new types of services for aging populations or materials to improve infrastructure reliability and help emerging industries like renewable energy reduce costs through predictive maintenance.
How big data help boost your business ?Suresh Bhuj
Are you new to the #data world? We understand making sense of #BigData can seem daunting, however bringing it all together can be easy by using the right tools!
Visit https://www.cloudaeon.co.uk and let us help you on your data journey.
For any info mail: info@cloudaeon.net
Seminar & Talkshow : How Big Data & IoT Create Smart Environment and Business...Tunjung Utomo
- Big data is a large collection of datasets that were once difficult to process due to their size and complexity but can now be managed through tools and expertise.
- Big data changes business by allowing companies to use data as an asset to create new products/services, gain better customer insights, improve efficiency, and enable near real-time analysis for decision making.
- Examples of big data use cases include using location data to analyze visitor patterns at an F1 race, using predictive analytics for better sales and pricing recommendations, conducting root cause analysis to reduce costs, enabling real-time equipment monitoring for efficiency, and monitoring business performance metrics.
Hitachi Live Insight for Telecom is advanced real-time analytics that transforms network data into actionable insights. It empowers operations with granular and predictive insight, enriches services to improve quality of experience, and elevates business value with new analytics-as-a-service offers.
Electrical distributors have been collecting data on product sales and customer orders for years now. But, technology now allows for the collection, synthesis and analysis of information like never before. Under the guise of Big Data, many industries are planning and even projecting outcomes. Most distributors are only utilizing ERP data, but at what cost? This white paper walks through how members of the electrical distribution channel can plan and execute big data projects to maximize not only sales, but also stock, logistics and customer satisfaction.
IBM InterConnect 2013: Big Data and Analytics Presented by Mike RhodinIBM Events
Presented by Mike Rhodin, Senior VP, Software Solutions Group, at IBM InterConnect 2013.
Session titled: Best Practices in Becoming a Smarter Enterprise.
This document discusses Alliander's use of big data analytics to support its smart grid. It outlines some of the challenges Alliander faces with an aging grid and energy transition. Alliander is using big data analytics to gain better insight into grid behavior at lower voltage levels and make more information-based and customer-focused investments. Examples shown include asset health analytics to identify risky joints and a sensor system to detect potential cable defects in real-time. The document also discusses Alliander's analytics ecosystem and portfolio approach to innovating, validating, and implementing analytics, as well as the new skills that will be required for continued development.
It’s Not About Big Data – It’s About Big Insights - SAP Webinar - 20 Aug 201...Edgar Alejandro Villegas
Presentation slides of:
It’s Not About Big Data – It’s About Big Insights - SAP Webinar - 20 Aug 2013 - PDF
Scott Mackenzie - Sr. Director, Platform & Analytics CoE
Michael Golzc - CIO for SAP Americas
Ken Demma - VP, Insight Driven Marketing
20 Aug 2013 - Webcast - http://goo.gl/T74WAL
Big Data: Smart Technologies Provide Big OpportunitiesNAED_Org
Big data has garnered big-time buzz as an effective means to optimize business and measure success. This concise report provides an introduction to the elements of big data and how smart technologies are playing a big role in the information game.
Support for business expansion through automated testing for a leading meteri...Mindtree Ltd.
Mindtree helped a global smart metering solutions provider set up automated testing of smart meter technology to enable business growth and cost effectiveness. The customer was struggling to manage manual testing as their business ambitions grew. Mindtree developed an automated test bench and suite consisting of six tools to configure test setups automatically and simulate field conditions. This included controlling meter power and testing different parameter combinations. The automated solution reduced verification and validation time by 70% and completed projects 30% faster compared to schedules.
10 Must Haves in an Effective Recurring Revenue Management SolutionAria Systems, Inc.
Gartner predicts The Internet of Things will grow to 30 billion devices by 2020, fueling recurring revenue streams that create billions of dollars in value. But before committing budget and IT resources to building an in-house recurring revenue management (RRM) system, seek a vendor that specializes in monetization and billing solutions.
The document discusses how predictive analytics can provide competitive advantages for modern businesses. It describes how predictive analytics has evolved from being primarily used by statisticians and mathematicians to now being utilized by business analysts and users to gain insights from data. The document also explains how predictive analytics allows companies to detect patterns and trends, anticipate events, spot anomalies, and conduct forecasting and "what-if" analyses to better understand customer behavior and business performance.
"Implementing AI for New Business Models and Efficiencies" - Parag Shrivastav...Grid Dynamics
Dynamic talks Seattle: Artificial Intelligence (AI) and data are foundational to ideation of new business models that bring growth and efficiencies. This is in action in pharmaceutical supply chain for reducing costs, increasing volumes, and optimizing the contracts with suppliers. The implementation involves process and tools that make data usable, and overcome the challenges of culture, ethics, data scalability, compute and engineering, and. Learn about data collection, data management, and metadata management tools implementation and modern data architecture to support them. Discuss machine learning algorithms for growth and efficiency scenarios.
Importance of constant adaptation in the field of banking mis pptHelyxon Healthcare
Important existence of the co-efficient of progressive adaptability in the field of information systems with special focus on management information systems in the banking industry.
The document discusses how IT operations are facing big data challenges due to the large volume, variety, and velocity of IT information. It argues that applying big data analytics to IT operations data can help address these challenges and extract value. Specifically, IT operations analytics tools can collect all types of IT data, provide insights into potential problems, and help IT operations teams detect issues early before they impact customers. These tools analyze patterns and relationships to spot problems faster and reduce false alerts.
This document discusses predictive analytics usage and challenges. It notes that companies want to leverage value from data everywhere by tapping into analytics. Predictive analytics can help grow revenue, lower costs, improve customer retention, and facilitate cross-selling and upselling. While predictive analytics is useful for all sectors and companies, implementing predictive models requires ensuring sufficient high-quality data and significant initial investments in technology, skills, and data management. Vendors are developing easier to use software to address the shortage of skills in statistics, modeling, and data mining.
Webinar: Getting Your EHS Data Off the GroundUrjanet
Accessing utility data is a crucial step towards achieving insight into your operations, managing and measuring your sustainability targets, and reducing costs.
Data access alone, however, is not enough. It’s key to understand how best to manage, review, and report on your data from start to finish.
In this webinar, Urjanet and SustainIt share the best practices you should follow, from initial planning to final execution, to ensure your EHS data is ready for liftoff.
To learn more about the topics discussed in this webinar, visit https://urjanet.com.
Business analytics is the practice of iterative statistical analysis of a company's data to support data-driven decision making. It has evolved from early uses of basic graphs and spreadsheets to track sales trends and predict outcomes, to modern applications that gain insights from large volumes of historical data using descriptive analytics and predict customer behavior using predictive analytics to inform real-time decisions. Common business analytics tools include SPSS for statistical analysis and Microsoft Excel for calculations, graphs, and pivot tables.
Nowadays, IT organizations face challenges that not only relate to the use of technologies, platforms and tendencies; they go go beyond operating and maintaining applications over 15 years-old, many of them developed in old or obsolete programming languages, in platforms whose maintenance and operation are increasingly more complicated to maintain.
With this in mind we have developed an assembly of services and solutions for the purpose of supporting IT officials to optimize time, resources and investments in IT.
Due to the situation caused by the Covid pandemic on a global scale , change management is highly crucial particularly in the tele medicine industry. As Information Systems form the backbone of health care delivery and connect the various devices that constitute the IoT of health care devices, constant adaptation is required in the same. Precisely accurate integration of change management and technology on a timely basis for maximum efficiency and sustainability. For the information systems forming the health care information systems, as constant and timely adaptation is required, the co-efficient of progressive adaptation does indicate to exist in the field of health care information systems which connect the various devices that form part of the Internet of Health Things
Technology trends in intelligent high performance buildings v2Mike Putich
This document provides an overview of a presentation on technology trends in intelligent and high-performance buildings, focusing on leveraging big data. The presentation covers how building automation systems have evolved with new IT technologies, opportunities for smart buildings to reduce costs through energy savings and improved performance, and examples of analytics solutions identifying issues and optimizing building operations. It also summarizes Climatec/OpenTech's offerings in building automation, energy management, and enterprise analytics platforms.
This document provides an overview of practical approaches to leveraging AI for fintech startups. It discusses how AI is becoming ubiquitous like electricity through factors like digitization, mobile networks, and cloud computing. The economics of AI are large, projected to be a $13 trillion industry by 2030. Common applications of AI in fintech include machine learning for product recommendations, bots for customer service, lead scoring, and risk scoring. Key ingredients for applying AI include having the right idea, data, and skills. The document cautions that complexity should be approached step-by-step and that biases can go undetected in models. It also provides a list of common AI tools.
5 tips als je nu wilt starten met digital marketing analyticsAvanade Nederland
The document discusses tips for starting digital marketing analytics and the importance of digital marketing analytics. It provides 5 guidelines for digital marketing analytics: 1) Think big, start small, prove ROI fast, 2) Don't focus on a single silo, 3) Experiment before industrializing, 4) Fail fast, and 5) Be ready to act. Case studies are presented showing how various companies improved outcomes through digital marketing analytics.
The document discusses business intelligence and analytics solutions. It notes challenges around accessing heterogeneous data from various sources, manual data processing, long analysis times, and limited operational and performance data. The solution proposed is a business intelligence system that can provide consolidated analysis, dashboards and reports to help make more informed decisions. Key benefits are reducing time and costs for analysis and decision making, improving customer satisfaction and operational efficiency through better insights into business and market trends.
Top Business Intelligence Trends - By DataToBizKavika Roy
Ready to take your business to the next level? Discover the top business intelligence trends for this year and stay ahead of the game.
Read the full article: https://www.datatobiz.com/blog/top-business-intelligence-trends/
About DataToBiz:
DataToBiz is a team of experts who are committed to helping businesses and enterprises adopt advanced technologies like Data Science, Artificial Intelligence, and Business Intelligence technologies. We possess rich experience in designing, implementing, and crafting Data Engineering Solutions, for a wide array of business challenges.
DataToBiz: https://www.datatobiz.com/
This document discusses Alliander's use of big data analytics to support its smart grid. It outlines some of the challenges Alliander faces with an aging grid and energy transition. Alliander is using big data analytics to gain better insight into grid behavior at lower voltage levels and make more information-based and customer-focused investments. Examples shown include asset health analytics to identify risky joints and a sensor system to detect potential cable defects in real-time. The document also discusses Alliander's analytics ecosystem and portfolio approach to innovating, validating, and implementing analytics, as well as the new skills that will be required for continued development.
It’s Not About Big Data – It’s About Big Insights - SAP Webinar - 20 Aug 201...Edgar Alejandro Villegas
Presentation slides of:
It’s Not About Big Data – It’s About Big Insights - SAP Webinar - 20 Aug 2013 - PDF
Scott Mackenzie - Sr. Director, Platform & Analytics CoE
Michael Golzc - CIO for SAP Americas
Ken Demma - VP, Insight Driven Marketing
20 Aug 2013 - Webcast - http://goo.gl/T74WAL
Big Data: Smart Technologies Provide Big OpportunitiesNAED_Org
Big data has garnered big-time buzz as an effective means to optimize business and measure success. This concise report provides an introduction to the elements of big data and how smart technologies are playing a big role in the information game.
Support for business expansion through automated testing for a leading meteri...Mindtree Ltd.
Mindtree helped a global smart metering solutions provider set up automated testing of smart meter technology to enable business growth and cost effectiveness. The customer was struggling to manage manual testing as their business ambitions grew. Mindtree developed an automated test bench and suite consisting of six tools to configure test setups automatically and simulate field conditions. This included controlling meter power and testing different parameter combinations. The automated solution reduced verification and validation time by 70% and completed projects 30% faster compared to schedules.
10 Must Haves in an Effective Recurring Revenue Management SolutionAria Systems, Inc.
Gartner predicts The Internet of Things will grow to 30 billion devices by 2020, fueling recurring revenue streams that create billions of dollars in value. But before committing budget and IT resources to building an in-house recurring revenue management (RRM) system, seek a vendor that specializes in monetization and billing solutions.
The document discusses how predictive analytics can provide competitive advantages for modern businesses. It describes how predictive analytics has evolved from being primarily used by statisticians and mathematicians to now being utilized by business analysts and users to gain insights from data. The document also explains how predictive analytics allows companies to detect patterns and trends, anticipate events, spot anomalies, and conduct forecasting and "what-if" analyses to better understand customer behavior and business performance.
"Implementing AI for New Business Models and Efficiencies" - Parag Shrivastav...Grid Dynamics
Dynamic talks Seattle: Artificial Intelligence (AI) and data are foundational to ideation of new business models that bring growth and efficiencies. This is in action in pharmaceutical supply chain for reducing costs, increasing volumes, and optimizing the contracts with suppliers. The implementation involves process and tools that make data usable, and overcome the challenges of culture, ethics, data scalability, compute and engineering, and. Learn about data collection, data management, and metadata management tools implementation and modern data architecture to support them. Discuss machine learning algorithms for growth and efficiency scenarios.
Importance of constant adaptation in the field of banking mis pptHelyxon Healthcare
Important existence of the co-efficient of progressive adaptability in the field of information systems with special focus on management information systems in the banking industry.
The document discusses how IT operations are facing big data challenges due to the large volume, variety, and velocity of IT information. It argues that applying big data analytics to IT operations data can help address these challenges and extract value. Specifically, IT operations analytics tools can collect all types of IT data, provide insights into potential problems, and help IT operations teams detect issues early before they impact customers. These tools analyze patterns and relationships to spot problems faster and reduce false alerts.
This document discusses predictive analytics usage and challenges. It notes that companies want to leverage value from data everywhere by tapping into analytics. Predictive analytics can help grow revenue, lower costs, improve customer retention, and facilitate cross-selling and upselling. While predictive analytics is useful for all sectors and companies, implementing predictive models requires ensuring sufficient high-quality data and significant initial investments in technology, skills, and data management. Vendors are developing easier to use software to address the shortage of skills in statistics, modeling, and data mining.
Webinar: Getting Your EHS Data Off the GroundUrjanet
Accessing utility data is a crucial step towards achieving insight into your operations, managing and measuring your sustainability targets, and reducing costs.
Data access alone, however, is not enough. It’s key to understand how best to manage, review, and report on your data from start to finish.
In this webinar, Urjanet and SustainIt share the best practices you should follow, from initial planning to final execution, to ensure your EHS data is ready for liftoff.
To learn more about the topics discussed in this webinar, visit https://urjanet.com.
Business analytics is the practice of iterative statistical analysis of a company's data to support data-driven decision making. It has evolved from early uses of basic graphs and spreadsheets to track sales trends and predict outcomes, to modern applications that gain insights from large volumes of historical data using descriptive analytics and predict customer behavior using predictive analytics to inform real-time decisions. Common business analytics tools include SPSS for statistical analysis and Microsoft Excel for calculations, graphs, and pivot tables.
Nowadays, IT organizations face challenges that not only relate to the use of technologies, platforms and tendencies; they go go beyond operating and maintaining applications over 15 years-old, many of them developed in old or obsolete programming languages, in platforms whose maintenance and operation are increasingly more complicated to maintain.
With this in mind we have developed an assembly of services and solutions for the purpose of supporting IT officials to optimize time, resources and investments in IT.
Due to the situation caused by the Covid pandemic on a global scale , change management is highly crucial particularly in the tele medicine industry. As Information Systems form the backbone of health care delivery and connect the various devices that constitute the IoT of health care devices, constant adaptation is required in the same. Precisely accurate integration of change management and technology on a timely basis for maximum efficiency and sustainability. For the information systems forming the health care information systems, as constant and timely adaptation is required, the co-efficient of progressive adaptation does indicate to exist in the field of health care information systems which connect the various devices that form part of the Internet of Health Things
Technology trends in intelligent high performance buildings v2Mike Putich
This document provides an overview of a presentation on technology trends in intelligent and high-performance buildings, focusing on leveraging big data. The presentation covers how building automation systems have evolved with new IT technologies, opportunities for smart buildings to reduce costs through energy savings and improved performance, and examples of analytics solutions identifying issues and optimizing building operations. It also summarizes Climatec/OpenTech's offerings in building automation, energy management, and enterprise analytics platforms.
This document provides an overview of practical approaches to leveraging AI for fintech startups. It discusses how AI is becoming ubiquitous like electricity through factors like digitization, mobile networks, and cloud computing. The economics of AI are large, projected to be a $13 trillion industry by 2030. Common applications of AI in fintech include machine learning for product recommendations, bots for customer service, lead scoring, and risk scoring. Key ingredients for applying AI include having the right idea, data, and skills. The document cautions that complexity should be approached step-by-step and that biases can go undetected in models. It also provides a list of common AI tools.
5 tips als je nu wilt starten met digital marketing analyticsAvanade Nederland
The document discusses tips for starting digital marketing analytics and the importance of digital marketing analytics. It provides 5 guidelines for digital marketing analytics: 1) Think big, start small, prove ROI fast, 2) Don't focus on a single silo, 3) Experiment before industrializing, 4) Fail fast, and 5) Be ready to act. Case studies are presented showing how various companies improved outcomes through digital marketing analytics.
The document discusses business intelligence and analytics solutions. It notes challenges around accessing heterogeneous data from various sources, manual data processing, long analysis times, and limited operational and performance data. The solution proposed is a business intelligence system that can provide consolidated analysis, dashboards and reports to help make more informed decisions. Key benefits are reducing time and costs for analysis and decision making, improving customer satisfaction and operational efficiency through better insights into business and market trends.
Top Business Intelligence Trends - By DataToBizKavika Roy
Ready to take your business to the next level? Discover the top business intelligence trends for this year and stay ahead of the game.
Read the full article: https://www.datatobiz.com/blog/top-business-intelligence-trends/
About DataToBiz:
DataToBiz is a team of experts who are committed to helping businesses and enterprises adopt advanced technologies like Data Science, Artificial Intelligence, and Business Intelligence technologies. We possess rich experience in designing, implementing, and crafting Data Engineering Solutions, for a wide array of business challenges.
DataToBiz: https://www.datatobiz.com/
AI IN PREDICTIVE ANALYTICS: TRANSFORMING DATA INTO FORESIGHTChristopherTHyatt
AI for predictive analytics utilizes advanced algorithms to analyze data patterns, forecast future trends, and make informed decisions, revolutionizing business strategies and optimizing operational efficiency.
An AI-enabled predictive maintenance solution can help companies improve business performance by analyzing asset data to derive actionable insights. It can help reduce unplanned downtime by 11% on average, lower maintenance costs by 30%, and minimize breakdowns by up to 70%. An effective predictive maintenance solution should leverage existing backend technologies, apply models and algorithms to data to derive insights, and provide a flexible front-end dashboard integrated with existing tools.
1. Data science involves applying scientific methods and processes to extract knowledge and insights from data. It includes techniques like machine learning, statistical analysis, and data visualization.
2. Data science has many applications in fields like marketing, healthcare, banking, and government. It helps with tasks like demand forecasting, fraud detection, personalized recommendations, and policymaking.
3. The key characteristics of data science include business understanding, intuition, curiosity, and skills in areas like machine learning algorithms, statistics, programming, and communication. Data scientists help organizations make better decisions using data-driven insights.
IT and business leaders must increase their efforts to evolve from traditional BI tools, that focus on descriptive analysis (what happened), to advanced analytical technologies, that can answer questions like “why did it happen”, “what will happen” and “what should I do”.
"While the basic analytical technologies provide a general summary of the data, advanced analytical technologies deliver deeper knowledge of information data and granular data.” - Alexander Linden, Gartner Research Director
The reward of a smarter decision making process, based on Data Intelligence, is a powerful driver to improve overall business performance.
Wiseminer is the only and most efficient end-to-end Data Intelligence software to help you make smarter decisions and drive business results.
Contact us: info@wiseminer.com
The document discusses the use of emerging technologies in the fast-moving consumer goods (FMCG) industry value chain. It outlines technologies commonly used today like ERP, SCM, and CRM systems. It then discusses emerging technologies being adopted across the value chain, including industrial IoT, AI, blockchain, 3D printing, and data analytics. Specific examples are provided of how Unilever uses IoT and AI. Blockchain is discussed in the context of supply chain sustainability. The document also covers FMCG industry trends, innovations, challenges, and best practices related to emerging technologies.
Business Intelligence, Data Analytics, and AIJohnny Jepp
The document discusses business analytics and its importance for businesses. It notes that while analytics was previously seen as only for large businesses, it is now important even for small businesses during the pandemic. The document provides predictions about the growth of machine learning, data management, and the use of prediction markets and data literacy initiatives by organizations. It also discusses trends in analytics like the focus on data strategy and democratizing data access. Finally, it provides a framework called the VIA model for conceptualizing analytics projects and an example of how it can be applied.
The document discusses how digital technologies can transform the chemical industry by addressing key challenges across the value chain. It outlines challenges in areas like production, supply chain, commercial operations, and maintenance. It then explains how digital interventions using mobility, IoT, cloud, big data analytics and social media can optimize asset utilization, improve supply chain agility, provide customer insights and enhance worker safety. Specific digital capabilities for the plant, supply chain, sales and marketing, and workforce are presented. The document concludes that digital will disrupt how chemical industries operate and deliver value.
Erfolgreicher agieren mit Analytics_Markus Barmettler_IBM Symposium 2013IBM Switzerland
This document discusses how advanced analytics are transforming banking and driving value. It notes that every major decision can now be informed by data and analytics, which will provide a competitive advantage. Key opportunities for banks include improving customer segmentation, sentiment analysis, and reducing churn. Advanced analytics can also optimize processes like claims processing, fraud detection, and predictive maintenance. The document advocates that organizations must improve their "analytics quotient" by gaining expertise and establishing centers of excellence to better leverage analytics across the business.
Unlocking Business Intelligence With Data Processing CompaniesAndrew Leo
In today's digital age, businesses thrive on data-driven insights. At Damco, we specialize in elevating businesses through intelligent data processing solutions. Our expertise lies in seamlessly integrating cutting-edge technology to optimize operations and drive growth.
Discover the advantages of partnering with Damco Solutions:
- Streamlined data management processes tailored to your unique needs
- Advanced analytics unlocking actionable insights for informed decision-making
- Personalized customer experiences through data-driven strategies
1. Big data has the potential to significantly increase operating margins and productivity for retailers.
2. Retailers are investing in big data to improve merchandising, marketing, e-commerce, supply chain operations, and store operations.
3. Getting started with big data requires determining current maturity, identifying high-value use cases, assessing data and analytics capabilities, establishing data management processes, and anticipating business changes.
Evergreen Consulting is a boutique consulting firm that provides analytics, data engineering, and marketing consulting services to small and medium enterprises. It was founded in 1980 and has experience working with clients across industries like FMCG, consumer durables, retail, agriculture, and manufacturing. Evergreen Consulting helps clients harness the power of data to improve business strategies, operations, and decision-making through offerings like Analytics on Demand, Business Analytics, Data Engineering, Marketing Analytics, and Supply Chain Analytics.
This presentation discusses simplifying analytics strategies for businesses. It suggests that while interest in analytics is growing, some businesses are overwhelmed by the complexity. It recommends pursuing a simpler path to uncover insights from data to make informed decisions. Fast data processing can provide fast insights and outcomes. Next-gen business intelligence and data visualization can help decision-makers explore opportunities. Data discovery alongside projects can uncover new patterns. Machine learning can reduce human elements and improve predictions. Each company's analytics journey depends on its unique culture and existing technologies. Companies can take discovery-based or known solution approaches depending on the problem.
Dr. Maher salameh - new age of data analyticspromediakw
This document discusses the rise of big data and analytics. It notes that analytics uses data, technology, and quantitative methods to help managers make better decisions. The amount of data is doubling every 18 months due to factors like the internet of things. Analytics needs to evolve to deliver collective insights by engaging users, enabling prediction, and helping users visualize data. Advanced analytics can help anticipate business trends in real-time. The document provides an example of how predictive analytics could be used in customer intelligence. It also notes challenges in detecting meaningful signals in big data and applying predictive algorithms, and how analytics needs to bridge skills gaps.
A complete brief introduction and importance on Data Science, Data Analytics, Business Analytics, Tools used for Analytics, Artificial Intelligence and Machine Learning.
Business intelligence (BI) involves strategies and technologies used to analyze business data and present information to support decision-making. Big data refers to extremely large datasets that require advanced analytics to derive insights. BI technologies provide historical, current, and predictive views of business operations through reporting, analytics, and data mining. While BI helps with reporting, budgeting, forecasting, and promotions, it can be costly and expose information to risks. Big data allows for detecting fraud, gaining competitive insights, and improving customer service and profits through real-time analysis, but poses logistical and privacy challenges.
At Finlytica Corporation, our mission is to make it easier for decision-makers to use powerful analytics every day, to shorten the path from data to insight – and to inspire bold new discoveries that drive improvement. We envision a world where everyone can make better decisions, grounded in trusted data, and assisted by the power and scale of Finlytica Advanced Analytics solutions.
Forrester Research evaluated 13 big data predictive analytics solutions providers based on 45 criteria. They found three Leaders, eight Strong Performers, and two Contenders. Modern tools are lowering the barrier to entry and increasing appeal for predictive analytics among users with less statistics skills. Predictive analytics has limited value unless the insights can be deployed directly into software applications and business processes through APIs, web services, and other methods. The report provides an overview of the predictive analytics solutions market and the evaluation criteria used to assess and score the vendors.
Forrester Research evaluated 13 big data predictive analytics solutions providers based on 45 criteria. They found three Leaders, eight Strong Performers, and two Contenders. Modern tools are lowering the barrier to entry and increasing appeal for users with less statistics skills. Predictive analytics has limited value unless the insights can be deployed directly into applications and business processes through APIs, web services, and other methods. Enterprises have many solid choices for big data predictive analytics solutions from the evaluated vendors.
Similar to Predictive solutions by DecisionMines (20)
The merge of human and machine intelligenceSana Shahidi
The document discusses how DecisionMines helps bridge the gap between buyer expectations and what sellers can offer through data-driven marketing strategies. It provides three key services: 1) Using past performance data to predict the profitability of insurance claims, 2) Prescribing the optimal insurance policies for customers based on historical data, and 3) Analyzing training effectiveness to improve workforce productivity based on historical data.
Midsized retailers are struggling with tight margins and high costs of meeting customer expectations. Using big data through machine learning algorithms and demand prediction that analyzes customer purchasing behavior and spending habits, retailers can gain timely, accurate insights into sentiment and demand. DecisionMines is a digital decision platform that empowers business leaders to make informed decisions by combining human judgment with predictive analytics, discovery, and automation from big data.
Big data challenges and its impact on retailSana Shahidi
Big data analytics can help small and medium retailers provide better customer experiences and satisfaction despite limited budgets. By analyzing customer data, retailers can identify their most profitable customers and target them with personalized marketing and services. Large companies already use big data to offer individual product recommendations and personalization, which enhances conversions.
Retail industry transformation using big dataSana Shahidi
Retail data is growing exponentially each year in volume, variety, velocity, and value. Retailers are collecting large amounts of customer data to better understand shopping habits and behaviors to increase profits. Combining customer insights with analytics can help both large and small retailers improve sales, spot emerging trends, and suggest new products customers may want.
A digital analytics platform for workforce optimization ssSana Shahidi
This document describes a digital analytics platform for workforce optimization. The platform helps balance workforce performance enhancement and cost efficiency through predictive HR analytics. It provides tools for talent acquisition, engagement, and optimization such as sentiment analysis, attrition prediction, and resource management allocation.
Organizations need prescriptive analytics to understand customer behavior beyond past data and bolster relationships. Prescriptive analytics provides actionable insights to target customer segments, optimize marketing campaigns, and control pricing decisions to increase customer lifetime value and profitability.
TrustArc Webinar - 2024 Global Privacy SurveyTrustArc
How does your privacy program stack up against your peers? What challenges are privacy teams tackling and prioritizing in 2024?
In the fifth annual Global Privacy Benchmarks Survey, we asked over 1,800 global privacy professionals and business executives to share their perspectives on the current state of privacy inside and outside of their organizations. This year’s report focused on emerging areas of importance for privacy and compliance professionals, including considerations and implications of Artificial Intelligence (AI) technologies, building brand trust, and different approaches for achieving higher privacy competence scores.
See how organizational priorities and strategic approaches to data security and privacy are evolving around the globe.
This webinar will review:
- The top 10 privacy insights from the fifth annual Global Privacy Benchmarks Survey
- The top challenges for privacy leaders, practitioners, and organizations in 2024
- Key themes to consider in developing and maintaining your privacy program
Removing Uninteresting Bytes in Software FuzzingAftab Hussain
Imagine a world where software fuzzing, the process of mutating bytes in test seeds to uncover hidden and erroneous program behaviors, becomes faster and more effective. A lot depends on the initial seeds, which can significantly dictate the trajectory of a fuzzing campaign, particularly in terms of how long it takes to uncover interesting behaviour in your code. We introduce DIAR, a technique designed to speedup fuzzing campaigns by pinpointing and eliminating those uninteresting bytes in the seeds. Picture this: instead of wasting valuable resources on meaningless mutations in large, bloated seeds, DIAR removes the unnecessary bytes, streamlining the entire process.
In this work, we equipped AFL, a popular fuzzer, with DIAR and examined two critical Linux libraries -- Libxml's xmllint, a tool for parsing xml documents, and Binutil's readelf, an essential debugging and security analysis command-line tool used to display detailed information about ELF (Executable and Linkable Format). Our preliminary results show that AFL+DIAR does not only discover new paths more quickly but also achieves higher coverage overall. This work thus showcases how starting with lean and optimized seeds can lead to faster, more comprehensive fuzzing campaigns -- and DIAR helps you find such seeds.
- These are slides of the talk given at IEEE International Conference on Software Testing Verification and Validation Workshop, ICSTW 2022.
In his public lecture, Christian Timmerer provides insights into the fascinating history of video streaming, starting from its humble beginnings before YouTube to the groundbreaking technologies that now dominate platforms like Netflix and ORF ON. Timmerer also presents provocative contributions of his own that have significantly influenced the industry. He concludes by looking at future challenges and invites the audience to join in a discussion.
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
A tale of scale & speed: How the US Navy is enabling software delivery from l...sonjaschweigert1
Rapid and secure feature delivery is a goal across every application team and every branch of the DoD. The Navy’s DevSecOps platform, Party Barge, has achieved:
- Reduction in onboarding time from 5 weeks to 1 day
- Improved developer experience and productivity through actionable findings and reduction of false positives
- Maintenance of superior security standards and inherent policy enforcement with Authorization to Operate (ATO)
Development teams can ship efficiently and ensure applications are cyber ready for Navy Authorizing Officials (AOs). In this webinar, Sigma Defense and Anchore will give attendees a look behind the scenes and demo secure pipeline automation and security artifacts that speed up application ATO and time to production.
We will cover:
- How to remove silos in DevSecOps
- How to build efficient development pipeline roles and component templates
- How to deliver security artifacts that matter for ATO’s (SBOMs, vulnerability reports, and policy evidence)
- How to streamline operations with automated policy checks on container images
Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Pushing the limits of ePRTC: 100ns holdover for 100 daysAdtran
At WSTS 2024, Alon Stern explored the topic of parametric holdover and explained how recent research findings can be implemented in real-world PNT networks to achieve 100 nanoseconds of accuracy for up to 100 days.
Dr. Sean Tan, Head of Data Science, Changi Airport Group
Discover how Changi Airport Group (CAG) leverages graph technologies and generative AI to revolutionize their search capabilities. This session delves into the unique search needs of CAG’s diverse passengers and customers, showcasing how graph data structures enhance the accuracy and relevance of AI-generated search results, mitigating the risk of “hallucinations” and improving the overall customer journey.
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdfMalak Abu Hammad
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...Neo4j
Leonard Jayamohan, Partner & Generative AI Lead, Deloitte
This keynote will reveal how Deloitte leverages Neo4j’s graph power for groundbreaking digital twin solutions, achieving a staggering 100x performance boost. Discover the essential role knowledge graphs play in successful generative AI implementations. Plus, get an exclusive look at an innovative Neo4j + Generative AI solution Deloitte is developing in-house.
20 Comprehensive Checklist of Designing and Developing a WebsitePixlogix Infotech
Dive into the world of Website Designing and Developing with Pixlogix! Looking to create a stunning online presence? Look no further! Our comprehensive checklist covers everything you need to know to craft a website that stands out. From user-friendly design to seamless functionality, we've got you covered. Don't miss out on this invaluable resource! Check out our checklist now at Pixlogix and start your journey towards a captivating online presence today.
2. Predicting trends
Customer behavior data has
become enormously vital for
retail companies in making
profitable business decisions.
Big data and machine
learning is used extensively
by retail marketers to
optimize analytics, provide
real-time insights, and to
predict a typical customer
behavior.
3. Obsolescence prediction
It is crucial to know when
the demand for a product
or service becomes
obsolete due to various
technological
advancements. As most
utility products become
connected to the internet,
there is steady data
developing on product
performance and
obsolescence of previous
products.
4. Attrition Prediction
• AI and machine learning
algorithms have offer
predictive models like
decision trees or random
forest methodologies to
classify and understand the
complexities associated
with decision making in
employee attrition. Several
parameters are taken into
consideration to begin
taking preventive measures
for employee attrition.