The need to use less energy is becoming critical to manufacturers worldwide. The transition to a clean energy economy drives new developments in the energy sector. Manufacturers must find ways to reduce energy use to stave off growing internal production costs and remain competitive. Let’s discuss why the global energy
Discover real-world tips for creating a winning collections strategy.
Humanity collectively creates 2.5 quintillion bytes of data daily, presenting incredible opportunities for organizations—especially those who collect it in the cloud. Cloud-based data offers excellent insights for organizations, including a meaningful look at customer needs and operational improvements. However, these benefits come with risks, especially regarding security. According to IBM
"For those not knee-deep in the ModelOps process, the process may seem simple," says Ankit Sinha, Director of Product Management at Experian: "You build the model, deploy the model and reap the benefits." But the process starts to become very complex when you're using multiple database systems and data sources
"Demand planning is a team sport," says Davis Wu, Global Lead of Demand Planning and Analytics at Nestlé S.A. The team at Nestlé includes demand planners, demand analysts and data scientists, who all work together to ensure that Nestlé products remain in stock. Many demand analysts can be seen as
The reverberations of SVB’s collapse continue to be felt in the banking industry. Markets remain jittery and the negative news headlines keep coming. First Republic Bank had its credit rating downgraded into junk territory by S&P Global, causing its share price to plummet by 47 percent before rallying. On the
In 2023, businesses recognize the need to be resilient. With the global disruptions we’ve faced over the last few years, and continuing disruptions and instabilities, the need for organizational resilience has never been clearer. By building resiliency, organizations can adapt to changing circumstances, maintain stability and minimize damage from unexpected events.
One of the great things about visiting SAS offices worldwide is the excellent opportunity to meet amazing colleagues, witness their work and learn from them. One of the great perks is getting reading recommendations as if you have a team of expert curators. With the vast amount of data available
When your company's resiliency is put to the test, how will you manage? Do you have a game plan that keeps the ball in your hands throughout the game? Or if there's a turnover, can you quickly regain control and execute a strong offense? How much of your resiliency playbook
The SAS Resiliency Rules report explores the global resiliency landscape. This report highlights country-specific findings about the ongoing market challenges, the difference between an importance in attaining resiliency versus perceived resiliency, and the principles companies need to follow to drive business resiliency. Our research defines resiliency as the ability of
5,821 days. That’s the time that separates Silicon Valley Bank’s (SVB) collapse and the failure of real estate investment trust New Century in 2007, notably the first domino to fall in the Global Financial Crisis (GFC) of 2007-08. Last week’s events represent a sobering reality check. In 2023, banks can
One of Warren Buffett’s most famous quotes goes like this: “Only when the tide goes out do you discover who’s been swimming naked.” That time is now for interest rate risk managers, who have been basking in the warm sea of declining interest rates for most of the last four
Consumer goods manufacturers have faced significant challenges over the past few years due to rapidly changing demand and supply disruptions in their end-to-end supply chain. As a result, manufacturers have realized the need to strengthen their resilience and have prioritized assessing their manufacturing capacity to maximize output and automation. To
In this post, Ajay Agrawal, professor at Toronto's Rotman School of Management, discusses the challenges of unlocking the full potential of AI and ML for businesses and banks. Agrawal explains how the taxi industry in London, UK provides a cautionary tale of the potential impediments to driving value from AI,
The past few years have been ripe with uncertainty, further proving the necessity of resilience across industries. While the hospitality sector has faced significant disruption over the last two years, it also faces several new opportunities. Consumers are turning their focus to self-improvement. Wellness trends continue to grow in popularity.
Conocer las limitaciones es importante a la hora de comenzar cualquier proyecto de mejora. Desarrollar una estrategia en analítica figura entre las cosas que pueden generar mucho valor para una empresa, pero es crucial entender lo que nos impide hacerlo. En este artículo quiero recomendar, a las compañías que están
With dynamically changing revenue streams, critical infrastructure needs and current higher-than-average gas prices and inflation concerns, transportation agencies around the country are using data to enable analytically driven decisions while navigating complex business challenges. Today's transportation industry is ripe with opportunities for innovation and growth. And this is especially true
Whether working as a business analyst, data scientist or machine learning engineer, one thing remains the same – making an impact with data and AI is what really matters. Pre-processing and exploring data, building and deploying models and turning those scoring values into an actionable insight can be overwhelming. A
Maybe you’re a SAS®9 programmer in the insurance industry who stores her analytics projects in a local desktop folder, or in a Git library. Or maybe you’re a data scientist who specializes in aviation forecasting and loves the no-code environment of SAS® Viya®. Or maybe you’re a Python devotee at
Robert Handfield, PhD, is a distinguished professor of Supply Chain Management at North Carolina State University and Director of the Supply Chain Resource Cooperative. In an episode of the Health Pulse Podcast, Handfield gave his views regarding the challenges health care and life science companies have encountered over the past two years
High unemployment rates of the post-pandemic era in many recovering regions and increasing inflation rates are signaling an economic recession. With the pressure of increasing energy prices on consumer cash flow and households in many advanced economies facing a cost of living crisis, collections managers know it’s time to transform
Research, supply chain, manufacturing, and sales increasingly depend on partnerships in a digital ecosystem. Cloud-based analytics makes it possible to collaborate intelligently at scale. For years, life sciences companies have been justifiably cautious about moving their data science functions into the cloud. Although the industry’s central purpose is to accelerate
The COVID-19 pandemic brought an enormous urgency to the life sciences sector. Companies vied for suitable treatments and in less than a year, COVID-19 vaccines were developed. This demonstrated clearly that the sector could move at speed when necessary. Though vaccines were supported by regulators, inefficiencies in vaccine and drug development were exposed.
Retail expert Charlie Chase recently participated in a private unplugged discussion about disruption challenges with retail executives hosted by the Retail Council of Canada. All quotes have been edited for maximum clarity, and participants have been de-identified. The last two years have created a major disruption for retailers and consumer
The management of the COVID-19 vaccination program is one of the most complex tasks in modern history. Even without the added complications of administering the vaccine during a pandemic, the race to vaccinate the populations who need it most all while maintaining the necessary cold-storage protocols, meeting double dose requirements,
