As the world prepares to recover from the Covid-19 pandemic, businesses will need to increasingly rely on analytics to deal with new consumer behaviour.
Machine learning and artificial intelligence are finding increasingly significant use cases in data analytics for business. Here are five trends to watch out for in 2021.
Gartner predicts that by 2024, 75% of enterprises will shift towards putting AI and ML into operation. A big reason for this is the way the pandemic has changed consumer behaviour. Regression learning models that rely on historical data might not be valid anymore. In their place, reinforcement and distributed learning models will find more use, thanks to their adaptability.
And here's another article:
SoCalGas Data Analytics Team Named Most Innovative in the U.S.
Utility Analytics Institute recognizes SoCalGas' excellence in data analytics, which has saved millions of dollars for the company and its customers
"We are honored to have been recognized for this award," said Gillian Wright , senior vice president and chief customer officer at SoCalGas. "The work our data analytics team does is innovative, progressive, forward-thinking and leads to solving the company's most complex business challenges. All of this is in support of SoCalGas' mission to become the cleanest, safest and most innovative energy company in America."
RSAC 2021 Submission Trends in Analytics, Intelligence & Response - Security Boulevard
The new year, and a new US president are just starting to take shape, as is RSA Conference 2021 . The RSAC Program Committee is looking forward to seeing first drafts of the presentations in various tracks. In the Analytics, Intelligence & Response track, we had more than 100 proposals to evaluate and pare down for just 12 speaking slots.
Several trends have emerged in reviewing proposals for the Analytics, Intelligence & Response track. Submitters have worked hard to find solutions to common problems and want to share lessons they have learned, activities that provide value, and ideas that need a broader audience. There are clearly challenges that are widely shared, so, in no particular order, here are the Top 5 trends for our track:
Analytics-as-a-Service: Towards the future of Business Analytics
Today, businesses are growing at a tremendous pace and so is the data. Simultaneously, the way businesses used to process is also changing, they are now looking to utilize the historical and the continuous stream of data to generate game-changing insights. It is however easier said than done. To analyze these huge datasets, a business needs to invest in various resources including manpower, hardware, and software. This could certainly not be everyone's cup of tea.
This steadily increasing need for analytics is not limited to any one sector but spreads across industries like manufacturing, retail, health, etc, and verticals like HR, finance, operations, etc. The increasing number of IoT devices and the need for analytics without huge investments have led to the increased demand. According to MarketsandMarkets forecast, the analytics as a service market size with growing at 23.2% CAGR from US 4.3 billion in 2019 to USD 12.1 billion by 2024.
Other things to check out:
Turning Procurement Data into Dollars with Procurement Analytics | Request a Free Pilot to Learn
Quantzig's advanced procurement analytics capabilities empower businesses to perform sophisticated quantitative operations and draw actionable insights from data. A unique mix of domain expertise and industry knowledge sets us apart, making us the most preferred analytics service provider globally. Our procurement analytics solutions drive impactful outcomes by-
* * *
Leveraging cutting-edge analytical technologies to support strategy creation and decision-making in dynamic markets
Predictive and Prescriptive Analytics Market Size to Reach USD 64.58 Billion by 2028 | Global
Claim Your FREE Sample Copy with Table of content@ https://www.emergenresearch.com/request-sample-form/490
* * *
AI-Enabled Medical Imaging Solutions Market By Product (Software, Hardware), By Workflow (Image Acquisition, Image Analysis, Reporting, and Communication), By Therapeutic Application (General Imaging, Specialty Imaging), By Deployment Mode, By Modality, and By Region, Forecasts to 2027
Smart Factory Market By Component (Industrial Robotics, Sensors, Control Devices, Industrial Network, Machine Vision), By Solution (PLC, PLM, MES, ERP, SCADA), By Industries (Process Industries and Discrete Industries), Forecasts to 2027
Data privacy: Behavioural analytics, data hoarding and government crackdowns to dominate 2021 |
Kaspersky's privacy experts share their vision of the changes that lie ahead in the privacy field in 2021
The past year has shown how overwhelmingly important a connected infrastructure and digital services have become for the daily functioning of society.
This realisation has led to a shift in attitudes to privacy and the way citizens, organisations and governments perceive it. In response, Kaspersky's privacy experts share their vision of the changes that lie ahead in the privacy field in 2021.
Play to Win: Transforming CPG Performance with Category Focused Digital Shelf Analytics |
Happening on Twitter
Five applications for #data science: 1. Gain customer #insights 2. Increase security 3. Inform internal finances… https://t.co/J0dYrtsWhj HarvardHBS (from Boston, MA USA) Mon Jan 25 13:09:01 +0000 2021
No comments:
Post a Comment