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The most valuable AI use cases for business

IBM Big Data Hub

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Data science is an area of expertise that combines many disciplines such as mathematics, computer science, software engineering and statistics. It focuses on data collection and management of large-scale structured and unstructured data for various academic and business applications.

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Anomaly detection in machine learning: Finding outliers for optimization of business functions

IBM Big Data Hub

However, data scientists should monitor results gathered through unsupervised learning. Because these techniques are making assumptions about the data being input, it is possible for them to incorrectly label anomalies. Engineers can apply unsupervised learning methods to automate feature learning and work with unstructured data.

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Companies need help making the dream of digital transformation a reality

IBM Big Data Hub

For example, when a customer contacts the business via chat, email or social media, that text or voice recording is unstructured data that needs to be collected and analyzed as part of the interaction. Dublin-based Glen Dimplex has sales, manufacturing and distribution facilities around the world.

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Real-time analytics on IoT data

IBM Big Data Hub

Smart grids, which include components like sensors and smart meters, produce a wealth of telemetry data that can be used for multiple purposes, including: Identifying anomalies such as manufacturing defects or process deviations. Inventory optimization (in retail). Supply chain optimization (in manufacturing).

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How to Improve Your Big Data Management

Reltio

By processing big data, retailers can get insights into their entire supply chain. Manufacturers can monitor and manage the performance of different components and the overall infrastructure in their facilities. Benefits of a Big Data Management Plan. However, there are some major benefits to handling big data well.