Remove Analytics Remove KPI Remove Machine Learning Remove Transportation
article thumbnail

5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%).

Budget 363
article thumbnail

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

We talked with experts from Perfect Price, Prisync, and a data science specialist from The Tesseract Academy to understand how various businesses can use machine learning for dynamic pricing to achieve their revenue goals. Approaches to dynamic pricing: Rule-based vs machine learning. KPI-driven pricing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

In this article, we’ll explain what procurement analytics is, highlight the main difficulties within the purchasing process, and look at how analytics can address them. What is procurement analytics and the opportunities it offers? Main components of procurement analytics. Procurement and its challenges.

article thumbnail

Terminal Operating Systems: Main Features, Integration, and Providers Overview

Altexsoft

For example, in the US, the situation in the Port of Oakland is the worst with vessels taking an average of six days to unload and load (import containers are waiting for eleven days to get transported). connected inland transportation (arrangement of cargo movement). Data leakages in reporting and analytics activities.

article thumbnail

Rail Fleet Management: How Technologies Help Handle Asset Tracking and Maintenance in Freight Rail Industry

Altexsoft

Railroads are an indispensable part of the supply chain when transporting both bulk shipments and intermodal containers. If your long-haul transportation is managed by several rail companies, you have to gather data from different sources. KPI monitoring and analytics. ETA forecasting. Managing lease contracts.

article thumbnail

A Complete Guide to Enterprise Application Development 

Openxcell

They also have the capability to generate reports and analytics, which helps in decision-making across diverse platforms. They offer independent approvals, flow management, reminders, personalized alerts, and time-outs, with KPI dashboards and reports for tracking success.