What is more important when tackling an Artificial Intelligence project, the quality or quantity of data? We’ll tell you about it in this article. The data boom and the possibilities it offers About 2.5 trillion bytes of data are generated every day in the world. These figures have been increasing for years due to the…
Last June 20th, in the webinar “The value of Prescriptive Analytics in Artificial Intelligence”, one of our experts in Data Analytics explained what this analytical technique is, how it works and what benefits it brings to businesses. If you are interested in this webinar, you’re lucky! Now you can watch the webinar video here. “Intelligence…
According to Gartner, during 2019 the most relevant technological trends will focus on Artificial Intelligence, data analytics, quantum computing and Blockchain. Of these, Artificial Intelligence trends will be among the most significant. The growing need to automate business processes to ensure the sustainability of operations and maximize profitability, along with the digitization, has increased technological…
In the data age, process digitalization in the 4.0 industry is helping to dynamize the production and logistics processes of companies.
The use of data and advanced analytics in a manufacturing company can currently lead to improvements of up to 40% in the company’s total gross margin.
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This example shows an improvement in decision making based on data, the automation of the planning process and the increase in the profitability of processes and, consequently, of the store.
The deep digital transformation affecting industries such as finance and insurance has changed the business environment, giving companies the opportunity to increase business management productivity. The channels used to offer the companies’ products and services have been increased. As a result, the complexity of the design, definition and execution of commercial strategies has increased. This…
In a hyperconnected and data-driven world, sectors like logistics have to reinvent themselves and adapt to new technologies. Not doing this meant that they can not be competitive in the logistics industry today. To be competitive in the logistics industry today is not an easy job. Many processes, professionals, material assets, and more actors, variables…
The current state of the hotel sector The race to exploit the large amount of data stored by companies has been very uneven across industries. The hotel sector is possibly one of the sectors that has not taken advantage of the boost in analytics in recent years unlike others, such as the travel sector, where…
Advanced Analytics is the latest technological revolution that has pushed the business world towards a deeper and more real vision of their businesses and the behavior of their customers. But this technology can only make a difference in an increasingly competitive and globalized market if we use all its potential. If we think of this…
In this second post, we cotinue to explain the meaning of other analytic disciplines such as prescriptive analytics or cognitive computing.
Prescriptive analytics has a big potential to be a disruptive power in business. Along with predictive data, prescriptive analytics can contribute valuable knowledge about what can happen in the future and automate decision-making to achieve business goals.