River Logic Included in Gartner Forecast Snapshot for Prescriptive Analytics Software, Worldwide, 2019

River Logic

billion by 2022, with a 20.6% Currently, 11% of large and midsize organizations have some form of prescriptive analytics; this will grow to 37% by 2022.". According to the Gartner report, "The prescriptive analytics software market will reach $1.88 CAGR from 2017."

Intelligence…Sometimes Artificial

AIMMS

If you take ten different commercial stakeholders and ask them to predict demand over a statistical forecast, you’ll find that some are consistently optimistic while others are consistently pessimistic.

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The Interrelated Issues Facing the Trucking Industry

PLS Logistics

The American Trucking Association projects that the trucking industry is poised for serious growth by 2022. The forecast suggests that overall revenue for the industry will rise almost 66% and tonnage will increase 24% by 2022.

Next-Gen Asset Tracking Technology Could Replace RFID in Coming Years

Material Handling & Logistics

billion by 2022, according to ABI Research. ABI Research forecasts that Bluetooth hardware infrastructure for asset tracking will reach $2.3 billion by 2022, which will represent 52% of the total infrastructure of asset tracking market.

How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. This can lead to inventory glut for retailers that want to please everyone but lack a sophisticated way to forecast demand. The U.S.

Supply Chain Digitization Efforts are in Full Swing

Enterra Insights

According to the International Data Corporation (IDC), “Digital transformation spending is to reach almost US$2trn by 2022, growing at a compound annual growth rate (CAGR) of 16.7%. “Forecast accuracy is important,” Bailey writes, “but Digital Supply Chains must do more; they must increase and manage demand. Numerous sources have declared data to be the most valuable resource in the world and the supply chain sector is trying to take full advantage of data.

Data 100

[INFOGRAPHIC] Industry 4.0: Powered by the Internet of Things & Digital Manufacturing

Cerasis

Based on research by the analyst firm Machina Research 14 billion of those things will be connected by 2022.

Yowza! A Nine-Step Decision Process to Help Guide Supply Chain Planning Selection

Supply Chain Shaman

This client was using an excellent forecasting technology, but it was not a good fit for their business; and as a result, was causing degradation of the forecast by 14%. Even worse, the combination of process and technology degraded the forecast by 33%.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022.

10 Ways IoT Can Improve Supply Chains

IQMS

in 2022, achieving a 10.7% Compound Annual Growth Rate (CAGR) according to Gartner’s latest market forecast.

Truck Driver Shortage: Getting Better, Worse, or No Problem at All?

Talking Logistics

Then again, back in October 2013, the ATA stated that “if freight demand grows as it is projected to, the driver shortage could balloon to nearly 240,000 drivers by 2022.”.

Is the Retail Apocalypse Just Around the Corner?

Supply Chain Nation

Global financial services giant Credit Suisse predicted last week that up to 25% of nation’s malls could close by 2022. and Adidas AG shoes will move to more automated factories by 2023 due to a “buy now/wear now” shopping environment forced by the shift to e-commerce, per forecasts by Morgan Stanley. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date.

Guide to warehouse robots: types of warehouse robots, uses, navigation & more

6 River Systems

between 2017 and 2022, reaching $6 billion in value by 2022 , with the U.S. Markets & Markets predicts that the warehouse robotics market in the food and beverages industry will continue to grow at a high rate through the year 2022.

The Ultimate Guide to Manufacturing Software

IQMS

by 2025, achieving a Compound Annual Growth Rate (CAGR) of 8.27% during the forecast period. in 2022, growing at a CAGR of 7%. Spending on Manufacturing ERP software worldwide will increase from $5.87B in 2017 to $7.26B in 2022. Bottom Line: The majority of manufacturers are prioritizing shop floor productivity as their most valuable growth strategy, relying on manufacturing software to be the catalyst to get them there. What is Manufacturing Software?

Trends 2019: Jobs Sustainability

Enterra Insights

Dark forecasts of a dystopian future in which machines empowered by artificial intelligence (AI) work and humans don’t continue to make headlines. In these forecasts, high unemployment leads to social unrest, economic chaos, and cultural collapse. It’s a pretty safe bet that no one reading this ever dreamed of becoming an ‘augmented reality journey builder’ or ‘cyber calamity forecaster.’

The latest trends in supply chain management [2016 Review]

Abivin

The increased money companies will make or save through optimized logistics and supply chains is estimated at $3 trillion through 2022” [1].

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3 Reasons Why the Pharma Supply Chain is Ripe for Digital Transformation

Aera Technology

percent CAGR through 2022. In the case of forecasting, analytics and algorithms applied to the data enables Merck to forecast more accurately than traditional tools and humans in 80 percent of their predictions.

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Trends 2019: Information Technology

Enterra Insights

“IDC forecasts AI solutions will permeate enterprise applications and deliver over $52B in global market revenue by 2021, attaining a compound annual growth rate (CAGR) to 46.2% IDC analysts predict, “Through 2022, 75 percent of successful digital strategies will be built by a transformed IT organization, with modernized and rationalized infrastructure, applications, and data architectures.” Information technology (IT) is a big tent covering a lot of technologies.

Trends 100

Your Guide to Multichannel Selling

Unleashed

trillion globally; this number is forecasted to grow to US$4.88 In 2022, the augmented and virtual reality market is expected to be worth US$ 209.2 What is multichannel selling? Multichannel selling allows customers to shop and purchase through whichever channel they prefer.

Artificial Intelligence in the Business World

Enterra Insights

billion by 2022, a compound annual growth rate of 38%.” ” His answer, “First of all, it will lower the costs and improve the quality of goods and services that already rely on prediction, such as weather forecasts and personalized marketing. In the science fiction television series Star Trek , crew members were often heard asking the spaceship’s on-board computer to provide them with information needed to make decisions in critical situations.

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The Trailblazing Tech You Need this Holiday Season

Repl Group

By 2022, they’re on track to be the third largest US grocers by store numbers. By harnessing the power of AI, including machine learning, mobile workforce management apps can revolutionize how you forecast, predict demand and, ultimately, how you deliver exceptional service. Powerful algorithms can incorporate information such as events, promotions and the weather into your software’s forecasting capabilities.

Advanced Analytics and the Future of Business

Enterra Insights

It uses the findings of descriptive and diagnostic analytics to detect tendencies, clusters and exceptions, and to predict future trends, which makes it a valuable tool for forecasting.” According to Gartner, the number could swell to close to $4 trillion by 2022.” For years business executives have understood the potential of big data analytics but have been disappointed when that potential failed to materialize.