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Betsy's Blog (13)

AI: The Horsepower of the Future

The year 2021 may well see a turn in the trajectory of AI. As DataRobot notes in its predictions for the new year, “Within the enterprise, we finally expect a wholesale move from ‘Experimental AI’ to ‘Operational AI,’ as organizations must move out of the lab and beyond pure experimentation.” In fact, Gartner is forecasting that 75%…

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Added by Betsy on January 22, 2021 at 5:40am — No Comments

Are Food Distributors Missing Out on the Advantages of AI? Part 2

Blog Series on Foodservice Distribution
Part 2: Transform Your Order Takers into Sales Consultants
Part 1 of this series presented our view on what foodservice distributors should be working toward in their pricing…
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Added by Betsy on December 16, 2020 at 4:00am — No Comments

Are Foodservice Distributors Missing Out on the Advantages of AI?

Part 1: Optimize Your Pricing with AI
This blog addresses the need for foodservice distributors of all sizes to jump into the world of AI and use their data to improve how they price products, understand their customers’ purchasing behavior, and utilize their salesforces. These capabilities will be necessary for them to compete in an industry where the big players are already adopting data-driven solutions as quickly as they emerge. The foodservice…
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Added by Betsy on December 7, 2020 at 7:59am — No Comments

4 Essential AI/Human Touch Points for Successful AI Initiatives

Humans have to test AI solutions to judge their efficacy and benefits.

There is much consternation nowadays regarding the inevitable loss of millions of jobs to AI. Often the doom and gloom revolve around robotics and automation of repetitive tasks taking over everything from warehouse operations to decision making. Our experience tells us something different. Although it is true that robots in warehouses don’t run out of energy and process automation doesn't "do…

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Added by Betsy on September 24, 2020 at 7:00am — No Comments

How An Apple Is Changing the QSR Industry

Rafael Fanchini, Chief Product Officer

Analytics2go.com

Value meals (groups of menu items offered together at a lower price than they’d cost individually) are a key strategic marketing instrument for QSR brands because customers like the savings. But lower prices mean lower margins for the stores. Today’s brands are starting to see the…

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Added by Betsy on September 23, 2020 at 1:38pm — No Comments

Supply Chain Analytics Need to Be Smarter

Mike Romeri, CEO

Analytics2Go

During the current COVID-19 pandemic, virtually all companies have faced significant changes in demand.  Some companies have seen significant increases (e.g., grocery chains, packaged food companies), and others have seen their revenue drop to unsustainable levels (e.g., air travel, hospitality, automotive). Still others have seen both outcomes if they serve different industry segments with very different levels of end-user demand.

While the…

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Added by Betsy on July 21, 2020 at 5:22am — 1 Comment

Fitting Human IQ into AI - Where and When It's a Win-Win

There is much talk of AI automation of many critical business processes over the next decade as the technology matures. Management and workers throughout organizations are wondering, “Where does that leave me and my job?” With so much focus on the technology of artificial intelligence, the question of human/machine working relationships and learn- ing has received relatively short…

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Added by Betsy on July 21, 2020 at 4:30am — No Comments

External Data Sources Are More Critical Than Ever in Supply Chain Management

External Data Sources Are More Critical Than Ever in Supply Chain Management.

Your company's historical data are not contextual enough for our COVID world.

Danillo Pereira, CAO

June 22, 2020

The…

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Added by Betsy on June 22, 2020 at 9:49am — No Comments

AI-powered price optimization is key to business survival during the pandemic

Mike Romeri, A2Go CEO

April 21, 2020

As commerce slowly opens up in our world over the next few months, competition for customers will accelerate like never before. It remains to be seen how big the pent-up demand will be for dining out, consuming goods and services, and travel, for starters. After months of shutdown of all but essential services and loss of steady income for millions, will consumers slow or even stop their purchasing; or will…

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Added by Betsy on April 28, 2020 at 10:28am — No Comments

Dynamic Pricing – Its Time Is Now: AI-powered price optimization is key to survival in the time of COVID-19

Mike Romeri, CEO

www.Analytics2Go.com

As commerce slowly opens up in our world over the next few months, competition for customers will accelerate like never before. It remains to be seen how big the pent-up demand will be for dining out, consuming goods and services, and travel, for…

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Added by Betsy on April 21, 2020 at 5:25am — No Comments

Avoid Common Pitfalls in Launching AI Projects

By Pranay Agarwal, VP, Sales and Customer Success at Analytics2go 

 

     The theme of artificial intelligence adoption is becoming the competitive edge for many companies in different verticals—allowing for both disruption and innovation. Accenture’s research shows that two-thirds of organizations surveyed are …

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Added by Betsy on January 9, 2020 at 1:30pm — No Comments

Designing an Analytics Roadmap

All organizations—whether big or small—need data and advanced analytics to improve their business decisions. Why? Because organizations applying analytic techniques outperform those using ad-hoc decision-making methods by at least 10%, initially. So, where do you start, and how can you prepare your business for a big-data analytics project?

Starting a Project

Before you jump in, it is important to understand what you need to start an advanced analytics…

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Added by Betsy on September 16, 2019 at 6:30am — No Comments

How to Set the Stage for a Successful Data Science Project: A Sales Person’s Perspective

By Pranay Agarwal and Betsy Romeri.

“They just don't understand me. I provide them with all the necessary details, all the data and analysis possible, but they don't seem to get it.” These were the comments of a data scientist at one of the largest CPG companies in Brazil as he vented to me over coffee and described how frustrating his last year had been. He definitely was feeling the heat from the business stakeholders. None of the major analytics initiatives that his team…

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Added by Betsy on August 20, 2019 at 5:00am — No Comments

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