Predictive analytics technology has had a huge affect on our lives, even though we don’t usually think much about it. Therefore, it should not be a surprise that the market for predictive analytics tools will be worth an estimated $44 billion by 2030. There are many ways that predictive analytics …
April 10, 2023, 9:25 p.m.
Equipment maintenance is a critical but often underserved need in manufacturing. Regular repairs prevent costly breakdowns, improve machine lifespans and protect workers, but conventional approaches often have inefficiencies of their […] The post How Predictive Maintenance Is Changing the Manufacturing Landscape appeared first on Datafloq.
April 10, 2023, 5:11 a.m.
In this contributed article, data engineer Koushik Nandiraju discusses how a predictive data and analytics platform aligned with business objectives is no longer an option but a necessity. While this requires complex data warehouses, architectures, and collection systems to ensure the mass amounts of customer and business data at the …
In this contributed article, Latané Conant, Chief Market Officer of 6sense, offers her perspective on how enterprise sales/marketing teams can still identify leads generate revenue, even with ever-changing privacy rules/regulations. This provides some good insights on how to overcome those challenges by using valuable data.
Many different industries are growing due to the proliferation of big data. The dropshipping industry is among them. Paul Glen of IBM’s Business Analytics wrote an article titled “The Role of Predictive Analytics in the Dropshipping Industry.” Glen shares some very important insights on the benefits of utilizing predictive analytics …
March 19, 2023, 7:42 p.m.
Artificial intelligence technology has massively disrupted the financial sector. Joe McKendrick posted an article in Forbes on the role that AI will play in the coming democratization of financial services. There are many other reasons AI and big data technology is changing finance. One of the biggest is that more …
Feb. 14, 2023, 10:07 p.m.
Business Partner Magazine recently published an article on the growing popularity of bitcoin trading in Albania. Many investors have started trading bitcoins and other cryptocurrencies in recent years. Although bitcoin trading is still fairly new to the South European country, these traders have to compete against more experienced investors abroad. …
Modern investors have a difficult time retaining a competitive edge without having the latest technology at their fingertips. Predictive analytics technology has become essential for traders looking to find the best investing opportunities. Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Traders can have even more …
Bitcoin has experienced tremendous price volatility in recent months. Traders are struggling to make sense of these patterns. Fortunately, new predictive analytics algorithms can make this easier. The financial industry is becoming more dependent on machine learning technology with each passing day. Last summer, a report by Deloitte showed that …
Technology has a funny way of being exciting and a little confusing. As a business owner, you’ve heard about predictive analytics, and you know some people are excited about it, but you’re still not sure how it’s supposed to help. The following are some major benefits of predictive analytics for …
Analytics is becoming more important than ever in the world of business. Over 70% of global businesses use some form of analytics. This figure will rise as globalization, supply chain challenges and other factors increase competitiveness. This is an important year for enterprises keeping in view that most global industries …
Artificial Intelligence in Industry 4.0 enables companies to manufacture, enhance and distribute their products in revolutionized new ways. Welcome to the era of so-called dark factories! Manufacturers are integrating new technologies into their manufacturing facilities and operations, including artificial intelligence and its subdomain machine learning, as well as the Internet
Legal analytics is an evolving discipline that is changing the future of the legal profession. Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? How will it change the legal profession? Last year, we published an article on the …
Jan. 26, 2022, 10:05 p.m.
To guide you in becoming a data-driven organization, AWS Data Exchange has created a new eBook, 101 Ways to Use Third-Party Data to Make Smarter Decisions. This innovative resource is designed as a broad compilation of use cases submitted by AWS Marketplace data providers.
To guide you in becoming a data-driven organization, AWS Data Exchange has created a new eBook, 101 Ways to Use Third-Party Data to Make Smarter Decisions. This innovative resource is designed as a broad compilation of use cases submitted by AWS Marketplace data providers.
Weather forecasting technology has grown from strength to strength in the last few decades. Gone are the days when you had to wait for the local news channel to share the weather forecasts for the next day. Nor do you have to reach out to the newspaper to find out …
In this contributed article, Chris Luoma, Senior Vice President of Global Product Management at Global Healthcare Exchange (GHX), discusses how to achieve the Netflix Effect in healthcare with four best practices. The “Netflix Effect” is the uncanny ability of brands to know exactly what we want, when we want it.
Cryptocurrencies are undoubtedly the rave of the moment. There are stories all over the internet about how crypto made someone a millionaire overnight. However, the crypto market experienced a significant downtrend recently with prices plummeting as low as 30% from peak prices in a matter of days. This has raised …
