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IBM ranked #1 for AI lifecycle software market share in IDC report

IBM Big Data Hub

Artificial intelligence (AI) is an essential instrument for reshaping businesses both now and in the future, with three in four organizations deploying or ramping up their AI efforts, according to Morning Consult’s April 2021 research. Other benefits mention cost reductions, operational efficiencies and a 6.3% and +46.6%

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For the planet and people: IBM’s focus on AI ethics in sustainability

IBM Big Data Hub

“But it’s important to reap these benefits while minimizing the environmental impact. According to the European Union’s 2023 Energy Efficiency Directive , Europe’s data center electricity consumption is expected to grow 28% from 2018 to 2030, exemplifying the environmental costs of AI usage.

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MRO spare parts optimization

IBM Big Data Hub

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 regulations, undergoing digital transformation and the need for cost-cutting. A 40% reduction in inventory costs.

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Five Trends for the Financial Services Industry to Track in 2021

Cloudera

2021 is going to be the year when the financial services industry reckons with how these changes will play out, impacting business operations, processes, new technologies, and, of course, new regulations. Artificial intelligence and machine learning (AI/ML) will be central to risk modeling in 2021 and the future.

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FDA FSMA: Providing value beyond compliance

IBM Big Data Hub

The change, challenge and benefits are here FDA FSMA will have significant global implications for traceability. Execute and set up reporting: Implement the system with the capability to monitor and measure through automated reporting (including tracking missing data and data health, as well as origin traceability).

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Why optimize your warehouse with a data lakehouse strategy

IBM Big Data Hub

In a prior blog , we pointed out that warehouses, known for high-performance data processing for business intelligence, can quickly become expensive for new data and evolving workloads. The rise of cloud object storage has driven the cost of data storage down.

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IBM and Microsoft partnership accelerates sustainable cloud modernization

IBM Big Data Hub

After getting familiar with the app architecture, priorities and requirements, IBM provided a detailed trade-offs analysis, including improvement options and security and cost implications. Learn more about the benefits of cloud-native development. The need to digitally transform touches every organization, in every industry.