David Menninger's Analyst Perspectives

AUGUST 26, 2022

This can provide numerous benefits for an organization, such as improved operational efficiency, cost optimization, fraud detection, competitive advantage and enhanced business processes. Organizations are managing and analyzing large datasets every day, identifying patterns and generating insights to inform decisions.

Cost-Benefit 144

Cost-Benefit Analytics Optimization Internet of Things 144

CIO Business Intelligence

JANUARY 9, 2023

They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] Already deployed in commercial kitchens and retail chains, on factory floors and at amusement parks, the solution has shown the following benefits.

IoT 125

IoT Internet of Things Cost-Benefit Digital Transformation 125

Smart Data Collective

MARCH 29, 2021

And this is usually at the lowest possible costs in terms of material and machinery. Over the years, asset-intensive industries have been searching for cost-efficient ways of managing, repairing, and overhauling activities. Well-timed maintenance will be instrumental in reducing maintenance and labor costs.

Big Data 137

Big Data Management Cost-Benefit Internet of Things 137

CIO Business Intelligence

NOVEMBER 14, 2023

The deployment of Internet of Things (IoT) devices, smart cameras, lidar systems and other sensors is designed to increase awareness of traffic and surface conditions, so officials can more quickly identify and fix problems. In the meantime, they can add IoT technology that can communicate information in near-real time.

IoT 83

IoT Internet of Things Cost-Benefit Measurement 83

CIO Business Intelligence

APRIL 27, 2023

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. Agile networks can respond quickly to changes in the market, customer demands, employee requirements, and technology advances.

Management 98

Management Internet of Things Cost-Benefit Uncertainty 98

Cloudera

MAY 4, 2022

Benefits aplenty. The beauty of AI is that it promises to deliver more benefits than you can even imagine. Among the benefits of AI-first strategies are: Operational efficiency. The result is fewer costs for the company and improved satisfaction for the customer. Efficiency is a continual goal for any organization.

Cost-Benefit 129

Cost-Benefit Internet of Things Insurance Data-driven 129

IBM Big Data Hub

JANUARY 15, 2024

A recent study found that McKinsey research shows that organizations that “launched some flavor of digital transformation,” have only experienced a third of the expected revenue benefits on average. Trend: Edge computing and the Internet of Things More distributed devices will require increased interconnectedness to drive value.

Digital Transformation 78

Digital Transformation Internet of Things IoT Consulting 78

IBM Big Data Hub

APRIL 22, 2024

We use to collect data from 6,500+ utility bills we receive globally each year and summarize total energy consumption, cost, and renewable electricity purchases across to save many hours of calculations. Our approach includes applying AI, Internet of Things (IoT), and advanced data and automation solutions to empower this transition.

IoT 85

IoT Internet of Things Cost-Benefit Reporting 85

IBM Big Data Hub

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

CIO Business Intelligence

AUGUST 16, 2023

“Waterfall projects may seem easier to understand from an overall point of view, but if it’s about ongoing innovation together with a customer to bring out new effects and benefits, then we need to be iterative even in complex projects,” she says. “At This leads to environmental benefits and fewer transports.

Risk 98

Risk Cost-Benefit Digital Transformation Internet of Things 98

CIO Business Intelligence

OCTOBER 6, 2022

This naturally leads to faster and richer insights, in turn enabling better business outcomes and facilitates new breakthroughs and better differentiation in products and services while driving greater cost savings,” said Mike Yang, President at Quanta Cloud Technology, better known as QCT.

Internet of Things 98

Internet of Things Manufacturing Digital Transformation Cost-Benefit 98

IBM Big Data Hub

MARCH 27, 2024

Other leaders remind you that the company’s primary allegiance is to the bottom line and that your solution needs to be cost-effective and “thread the needle” by providing the most return for the least investment possible. Development costs to survey the land, clear the site and prepare it for construction.

Cost-Benefit 109

Cost-Benefit Internet of Things Recreation/Entertainment Marketing 109

CIO Business Intelligence

JUNE 5, 2023

Unified experiences are seamless digital interactions that rely on bridging the boundaries between different technologies, locations, teams, and things. They are connected industrial and Internet of Things (IoT) experiences that drive optimization of operational productivity and flexibility without compromising security.

Internet of Things 97

Internet of Things Cost-Benefit Manufacturing IoT 97

Smart Data Collective

SEPTEMBER 11, 2020

Savvy technology evangelists recognize the importance of AI in the 21 st Century, especially as Internet technology continues to evolve. An article in CISCOMAG talks about the benefits of using AI in improving network security. Internet of Things. Internet of Things is a critical tool for businesses.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

Smart Data Collective

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. Reduced Costs and Downtime. It is an Internet of Things (IoT) platform that promotes the creation of a digital representation of real places, people, things, and business processes. Convenience all the way!

Cost-Benefit 138

Cost-Benefit IoT Internet of Things Data-driven 138

3AG Systems

DECEMBER 14, 2020

We have also considered some of the limitations of traditional SCADA systems, and how they differ from modern internet of things (IoT) installations. Is it worth the cost and effort to upgrade an existing (brownfield) operation? While it can be tempting to see the status quo as the cheapest option, this is not always the case.

IoT 52

IoT Internet of Things Cost-Benefit Measurement 52

IBM Big Data Hub

MAY 23, 2023

The rise of interconnected technologies like the Internet of Things (IoT), electric vehicles, geolocation and mobile technology have made it possible to orchestrate how people and goods flow from one place to another, especially in densely-packed urban areas. The solution is smart transportation.

Internet of Things 77

Internet of Things IoT Broadcasting Cost-Benefit 77

3AG Systems

MARCH 16, 2023

With the rise of the Internet of Things (IoT) and other advancements, we're now witnessing a revolution in how businesses operate. By adopting these transformations, the energy industry can monitor and control equipment remotely, optimize processes, and reduce costs.

Digital Transformation 40

Digital Transformation Internet of Things Manufacturing IoT 40

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. Instead of seeing things as disposable, it encourages the reuse and recycling of products. trillion in economic benefits by 2030.

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

Smart Data Collective

MARCH 23, 2022

There are a lot of benefits of utilizing AI technology in the automotive sector. Many companies are using AI to create more energy efficient and cost-effective vehicles. Although there are many benefits of embedding AI in these cars, one of the biggest selling points is that it makes vehicles safer.

IoT 110

IoT Internet of Things Testing Cost-Benefit 110

BizAcuity

NOVEMBER 22, 2022

Applications such as e-commerce, gaming, and the Internet of things (IoT) commonly require real-time views of what’s happening. This latency reduction is not guaranteed and can increase Snowpipe costs as more file ingestions are triggered. But, this again comes at a significantly increased cost. Operational Analytics.

Data Warehouse 98

Data Warehouse Cost-Benefit Data Lake Internet of Things 98

IBM Big Data Hub

JUNE 20, 2023

The following are the six stages of asset lifecycle management: Planning: In the first stage of the asset lifecycle, stakeholders assess the need for the asset, its projected value to the organization and its overall cost. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 78

Strategy Management Cost-Benefit IoT 78

CIO Business Intelligence

MARCH 30, 2022

Emerging technologies such as artificial intelligence (AI), machine learning (ML), augmented reality (AR), the Internet of Things (IoT) and quantum computing can help organizations scale on demand, improve resiliency, minimize infrastructure investments and deploy solutions rapidly and securely.

Technology 98

Technology Internet of Things ROI IoT 98

Smart Data Collective

JULY 19, 2019

The telecommunications industry could benefit from big data more than almost any other business. A 2017 analysis by MapR showed that telecommunications industries can benefit from big data more than almost any other company. The benefits of services like those provided by Comarch cannot be overstated. Help when you need it most.

Big Data 79

Big Data Internet of Things IoT B2B 79

Smart Data Collective

SEPTEMBER 26, 2019

We have smartphones, smart speakers, smart cars and an entire Internet of Things (IoT) filled with devices meant to make our lives easier and more intuitive. For business owners, one of the most significant benefits of using smart data is reducing business costs in some way. Reduce Fleet Costs.

Internet of Things 71

Internet of Things IoT Cost-Benefit Insurance 71

CIO Business Intelligence

OCTOBER 13, 2022

As companies fast-track IT modernization to accelerate digital transformation and gain business advantage, there is an opportunity to rearchitect a greener IT environment and application portfolio that will drive cost efficiencies and contribute to broader corporate sustainability goals. of all global carbon emissions.

IT 57

IT Cost-Benefit Internet of Things IoT 57

CIO Business Intelligence

SEPTEMBER 8, 2022

Gathering and processing data quickly enables organizations to assess options and take action faster, leading to a variety of benefits, said Elitsa Krumova ( @Eli_Krumova ), a digital consultant, thought leader and technology influencer.

Cost-Benefit 120

Cost-Benefit Internet of Things Data-driven Data Lake 120

CDW Research Hub

AUGUST 23, 2022

Many people are examining the benefits of storage as a service model, but why? Plus, organizations are trying to do more with less, demanding lower costs and greater use of cloud resources with better customer service. question, check out these three benefits of adopting Storage as a Service (STaaS): 1. Consumption.

Modeling 52

Modeling Cost-Benefit Internet of Things IoT 52

CIO Business Intelligence

JANUARY 24, 2024

One of the keys to benefiting from unstructured data is to define clear objectives, Miller says. he says “How will unstructured data contribute to revenue or market growth, gaining cost efficiencies or other strategic outcomes? What are the goals for leveraging unstructured data?”

Data Strategy 135

Data Strategy Strategy Unstructured Data Data Governance 135

IBM Big Data Hub

AUGUST 8, 2023

Here are some of the most common business benefits sustainable transportation infrastructure yields to enterprises that make the investment. Climate change mitigation will require significant investments in sustainable transportation infrastructure, not just in Europe, the U.S.

Internet of Things 71

Internet of Things IoT Cost-Benefit Optimization 71

Smart Data Collective

JUNE 16, 2022

It is the ideal solution for contemporary cities that wish to leverage the power of the internet of things while providing possible advantages to their residents. . People, businesses, and other organizations may benefit from this approach to better manage parking areas. A Time and Cost-Efficient Solution.

Deep Learning 130

Deep Learning Technology Management Internet of Things 130

Cloudera

JANUARY 30, 2024

There are many functional areas within manufacturing where manufacturers will see AI’s massive benefits. According to Gartner , 80 percent of manufacturing CEOs are increasing investments in digital technologies—led by artificial intelligence (AI), Internet of Things (IoT), data, and analytics.

Manufacturing 78

Manufacturing Contextual Data IoT Digital Transformation 78

CIO Business Intelligence

APRIL 6, 2022

The first wave of edge computing: Internet of Things (IoT). For most industries, the idea of the edge has been tightly associated with the first wave of the Internet of Things (IoT). In addition, retrofitting existing equipment with sensors was often cost prohibitive. Moving beyond IoT 1.0.

IoT 104

IoT Internet of Things Data-driven Manufacturing 104

Smart Data Collective

APRIL 7, 2022

These benefits include the following: You can use data analytics to better understand the preferences of your users and provide personalized product recommendations. Doxee has a great article on some of the profound benefits of big data in retail distribution. Do you want to know how to incorporate it into your data-driven business?

B2B 108

B2B Sales Big Data Cost-Benefit 108

Smart Data Collective

MAY 25, 2023

Additionally, cybercrime costs SMEs over $2.2 Cyber security solutions can be categorized into endpoint security, app security, internet of things security, network security, and cloud security. With security awareness training, businesses can prevent data breaches and associated costs. million yearly.

Internet of Things 90

Internet of Things Cost-Benefit Risk Software 90

IBM Big Data Hub

JANUARY 8, 2024

Organizations then benefit from looking at industry and technology trends to better decide how to deliver the best possible customer experience to existing and prospective customers. If it is using digital transformation to change its digital marketing strategy, it should track metrics like return on ad spend (ROAS) and cost per acquisition.

Digital Transformation 67

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 67

IBM Big Data Hub

MARCH 14, 2024

The number of networks also continues to grow, with many popular Internet Service Providers (ISPs) like Verizon, Google and AT&T, offering 5G connectivity in both homes and businesses. Supply chains As 5G connectivity spreads, supply chains everywhere will benefit from its lightning-fast speeds and increased reliability.

Technology 61

Technology IoT Cost-Benefit Internet of Things 61