Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Worldwide data is expected to hit 175 zettabytes (ZB) ?by by 2025, and 90 ZB of this data will be from IoT devices. Can you correlate data across all departments for informed decision- making ?

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

CIO Business Intelligence

MAY 8, 2024

In the age of big data, where information is generated at an unprecedented rate, the ability to integrate and manage diverse data sources has become a critical business imperative. Traditional data integration methods are often cumbersome, time-consuming, and unable to keep up with the rapidly evolving data landscape.

Data Integration 52

Data Integration IoT Cost-Benefit Data Quality 52

Smart Data Collective

JUNE 28, 2022

It is projected that there will be over 77 million smart homes in the United States by 2025. Fortunately, data scalability has made smart technology more accessible. One of their key benefits is that they can manage electrical transmissions and limit the amount of electrical losses in the distribution of energy. Smart grids.

Technology 111

Technology Cost-Benefit Consulting Data-driven 111

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. Are your payment systems ready to reap these benefits?

Risk Management 116

Risk Management Cost-Benefit Risk Data-driven 116

Ontotext

NOVEMBER 2, 2023

Achieving this advantage is dependent on their ability to capture, connect, integrate, and convert data into insight for business decisions and processes. This is the goal of a “data-driven” organization. We call this the “ Bad Data Tax ”. This is partly because integrating and moving data is not the only problem.

IT 69

IT Cost-Benefit Data-driven Technology 69

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 112

Data Strategy Strategy Visualization Consulting 112

Jen Stirrup

NOVEMBER 15, 2022

Why do organizations get stuck with their data? Often, this problem can be due to the organization concentrating solely on technology and data. However, organizations can be supported by a synergistic approach by integrating systems thinking with the data strategy and technical perspective. It is such a fundamental question.

Data Science 145

Data Science Digital Transformation Data-driven Measurement 145

Ontotext

AUGUST 17, 2023

These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes. More critically, they will continue to struggle becoming more data-driven within their organizations, missing out on value opportunities.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Consulting 52

CIO Business Intelligence

JULY 13, 2023

My first step in that process is sharing some of the great insights I learned with all of you. The rapid expansion of the Internet of Things (IoT), fueled by generative AI, is putting increasing pressure on data centers worldwide. billion by 2025 , it’s critical that we understand the environmental consequences caused by big tech.

IT 91

IT Internet of Things Strategy IoT 91

IBM Big Data Hub

APRIL 27, 2023

While many organizations have established environmental, social and governance (ESG) goals and made ESG commitments, driven by purpose and emerging regulatory requirements, they face several challenges when making the transition from ambition to action. 94% more of Enabled believe ERPs are helping manage manufacturing sustainability goals.

Metrics 84

Metrics Cost-Benefit Reporting Manufacturing 84

Smart Data Collective

JULY 3, 2023

million driverless cars on the road by 2025. The Rise of Electric Vehicles The popularity of electric vehicles has soared in recent years, driven by their reduced carbon emissions and cost-effective performance. One of the biggest changes is that artificial intelligence is leading the trends towards autonomous vehicles.

Software 74

Software Manufacturing Recreation/Entertainment Data-driven 74

erwin

APRIL 2, 2021

Organizations are managing more data than ever. In fact, the global datasphere is projected to reach 175 zettabytes by 2025, according to IDC. With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

CIO Business Intelligence

JULY 13, 2022

Customer experience leaders should be actively working to build an experience-driven contact center. Building an experience-driven contact center requires experience thinking. . Let’s say you’re a healthcare or financial organization that’s heavily reliant on identity and data security. Here’s what to consider….

Data-driven 90

Data-driven Cost-Benefit Digital Transformation Interactive 90

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. Networking technologies have been in existence for many decades with a singular purpose – the improvement of data transmission and circulation through the use of information systems. Growing Importance of AI in Networking. Edge Computing.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

Smart Data Collective

MARCH 30, 2022

Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are. They can use data on online user engagement to optimize their business models.

Analytics 117

Analytics Cost-Benefit Testing Dashboards 117

CIO Business Intelligence

JUNE 1, 2022

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Using Data to Generate Simulations.

Manufacturing 110

Manufacturing Digital Transformation Predictive Analytics Strategy 110

bridgei2i

AUGUST 2, 2020

Yet, claims need to be settled, now more than ever and the cost of a single mistake is high, both the customer and the insurer. Every step of this journey can be now reimagined, with what we call Artificial Intelligence (AI) driven Automation. Enter, the role of Intelligent Operations.

Digital Transformation 95

Digital Transformation Insurance Unstructured Data Cost-Benefit 95

Smart Data Collective

NOVEMBER 24, 2020

billion by 2025. In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Business intelligence software will be more geared towards working with Big Data. Data Governance. One issue that many people don’t understand is data governance.

Business Intelligence 131

Business Intelligence Visualization Dashboards Prescriptive Analytics 131

datapine

JULY 17, 2019

Experts predict that by 2025, around 175 Zettabytes of data will be generated annually, according to research from Seagate. But with so much data available from an ever-growing range of sources, how do you make sense of this information – and how do you extract value from it? Looking for a bite-sized introduction to reporting?

KPI 223

KPI Reporting Key Performance Indicator Dashboards 223

CIO Business Intelligence

MARCH 15, 2022

Even if Covid-19 recedes from the headlines, ongoing digital transformation at scale looks set to continue to accelerate well into 2022, with organizations looking to reap the full benefits of technology to become more productive and more efficient. Not just SASE but Data-Centric SASE. What will all this mean for the software world?

Software 102

Software Cost-Benefit Digital Transformation Enterprise 102

Smart Data Collective

NOVEMBER 3, 2021

This is where AI-driven design approaches can come to the table. More companies are discovering the benefits of using AI technology to streamline the website design process. There are a lot of benefits of using AI to design a website, but you don’t want to make any of the more common mistakes. percent of all visits.

Cost-Benefit 114

Cost-Benefit Optimization Visualization Data-driven 114

CIO Business Intelligence

NOVEMBER 21, 2023

This past spring, the Department of the Air Force (DAF) named Eileen Vidrine as chief data and artificial intelligence officer. With the appointment, Vidrine rejoined the department after serving as the senior strategic advisor for data to the federal CIO in the Office of Management and Budget (OMB), a post she held since January 2022.

Strategy 116

Strategy Machine Learning Technology Data-driven 116

Smart Data Collective

OCTOBER 5, 2021

billion by 2025. The utilization of analytics and big data in the marketing industry has played a massive role in this robust growth. One of the most important benefits of analytics in marketing is with PPC marketing. Is an Analytics-Driven PPC Strategy the Best Approach for Lead Generation?

Analytics 121

Analytics Marketing ROI Testing 121

CIO Business Intelligence

MARCH 14, 2022

Decisions are often made under some degree of uncertainty; 100% certainty is generally impossible, not necessary, and can be prohibitively expensive in terms of cost or time. So, it follows that there’s an optimal level of data where collecting further information won’t be worth the added cost. I call this point data saturation.

Uncertainty 95

Uncertainty Measurement Cost-Benefit Optimization 95

datapine

SEPTEMBER 11, 2019

Digital data, by its very nature, paints a clear, concise, and panoramic picture of a number of vital areas of business performance, offering a window of insight that often leads to creating an enhanced business intelligence strategy and, ultimately, an ongoing commercial success. billion , growing at a CAGR of 26.98% from 2016.

Business Intelligence 161

Business Intelligence Analytics Sales Dashboards 161

Smart Data Collective

FEBRUARY 22, 2021

Big data is fundamentally altering the future of the automotive industry in wondrous ways. billion on big data solutions in 2025. The sector’s investment in data-driven technology is hardly a surprise. Now that the 5G network is developed, it’ll be easier for cars to understand and share the essential data.

Analytics 85

Analytics Cost-Benefit Big Data Finance 85

Cloudera

SEPTEMBER 18, 2020

In Part Two they will look at how businesses in both sectors can move to stabilize their respective supply chains and use real-time streaming data, analytics, and machine learning to increase operational efficiency and better manage disruption. The 6 key takeaways from this blog are below: 6 key takeaways.

Manufacturing 82

Manufacturing IoT Forecasting Machine Learning 82

Jen Stirrup

MAY 5, 2022

A study by Intel showed that, by 2025, an estimated 70% of the workforce will be working remotely at least five days a month [1]. Diversity and inclusion initiatives can help innovation by adding context to customer data. For example, context can often explain outliers and anomalies in the data.

Strategy 40

Strategy Digital Transformation Data-driven Cost-Benefit 40

Sisense

JANUARY 13, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing. Manufacturing companies that adopted computerization years ago are already taking the next step as they transform into smart data-driven organizations.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Ontotext

MARCH 8, 2023

Gartner predicts that graph technologies will be used in 80% of data and analytics innovations by 2025, up from 10% in 2021. Use Case #1: Customer 360 / Enterprise 360 Customer data is typically spread across multiple applications, departments, and regions. Several factors are driving the adoption of knowledge graphs.

Enterprise 52

Enterprise Knowledge Discovery Risk Data-driven 52

CIO Business Intelligence

MAY 24, 2022

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses.

Data-driven 89

Data-driven Data Lake Data Warehouse Cost-Benefit 89

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. The fill report is here: Leadership Vision for 2021: Data and Analytics. With a success behind you, sell that experience as the kind of benefit you can help improve.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

BizAcuity

MAY 10, 2022

Cloud technology and innovation drives data-driven decision making culture in any organization. Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. Cloud washing is storing data on the cloud for use over the internet.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

IBM Big Data Hub

MAY 25, 2023

In this blog post, we will examine traditional IT operation problems through the lens of data-driven automation and the benefits of AIOps. And every second counts—a recent IDC survey found that a single hour of downtime costs an average of USD 250K or more when a revenue-generating production service is impacted.

Cost-Benefit 75

Cost-Benefit Digital Transformation Optimization Data-driven 75

IBM Big Data Hub

OCTOBER 26, 2023

A recent IDC report — The Business Value of IBM Maximo — that surveyed 9 companies with an average of 8,500 employees, found that after these companies adopted IBM Maximo, it resulted in: a business benefit of approximately USD 14.6 million in total equipment cost avoidances annually. and add-ons by September 2025.

Consulting 101

Consulting Data Processing Cost-Benefit Risk 101

Smart Data Collective

MAY 17, 2021

Big data is at the heart of the digital revolution. Basing fleet management operations on data is not new, and in some ways, it’s always been a part of the industry. Basing fleet management operations on data is not new, and in some ways, it’s always been a part of the industry. billion by the end of 2025 , up from $3.8

Big Data 102

Big Data Cost-Benefit IoT Machine Learning 102