Industrial pumps account for an estimated 7 percent of maintenance costs of a plant or refinery, while their failures are responsible for 0.2 percent of lost production (UpstreamPumping). This may…
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Predictive maintenance is the initiative to predict (major) failures or breakdowns within specific equipment that will significantly impact the business. In this age of digital transformation, that business concept is…
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Market basket analysis – or product recommendation – is where you take inventory and point-of-sale data to predict which combinations of products will sell the best. With a clean…
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Businesses embracing the digital transformation of Industry 4.0 are looking to AI to solve big problems and increase efficiency. Of the various frontiers in AI, voice is a major contender….
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Product recommendation is a problem faced by many companies who have a lot of data on user behavior and want to turn into actionable insights. Chief among these problems is…
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As I mentioned in Part 1, Advanced Demand Forecasting is not a one-size-fits-all solution. It is uniquely tailored for each business and requires about 6+ months to deploy. But how…
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Planning for the future represents the largest risk a company makes each year. Understanding how and why demand moves provides an incredible advantage in the market place. Most demand forecasting…
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Neal Analytics is delighted to be a Microsoft partner delivering free Power BI workshops all over the United States. By attending Dashboard in a Day, you will quickly learn the…
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Companies the world over spend over $1 trillion on trade promotions annually (Nielson). That’s a mind-boggling number when you consider that most companies don’t break even on their investment! “Over…
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