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What is predictive analytics? Transforming data into future insights

CIO

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028.

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3 technology trends set to revolutionize retail

CIO

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

Retail 474
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Managing Seasonal Fluctuations in Retail with Analytics

Smart Data Collective

Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. There are a number of huge benefits of using data analytics to identify seasonal trends.

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Big Data: The Technology Behind Retailers Success

Smart Data Collective

During the beginning of the pandemic, many businesses went digital, and the retail industry is no exception. Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Top technologies helping organisations accomplish business goals. Source: Statista.

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The impact of AI on edge computing

CIO

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. Retail stores and smart homes can use AI at the edge technology to personalize user experiences. billion in 2027 with a compound annual growth rate (CAGR) of 86.1% Personalization.

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7 Ways Data Monetization is Changing the Information Technology Job Market

Smart Data Collective

With the technology media focused on how many of the largest players are cutting staff, it might be hard to believe that some computer industry sectors are actually seeing a great deal of growth when it comes to hiring new employees.

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P&G turns to AI to create digital manufacturing of the future

CIO

P&G is also piloting the use of IIoT, advanced algorithms, machine learning (ML), and predictive analytics to improve manufacturing efficiencies in the production of paper towels. P&G can now better predict finished paper towel sheet lengths. Smart manufacturing at scale is a challenge.