Smart Data Collective

SEPTEMBER 11, 2020

Artificial intelligence is changing the Internet in ways we never expected. 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.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

IBM Big Data Hub

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. To mitigate these risks , companies need the resources and technology to develop robust contingency plans. But perhaps most relevant today are the capabilities within SCM to help mitigate disruption.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

IBM Big Data Hub

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. What is a digital twin?

Technology 56

Technology Cost-Benefit Optimization Internet of Things 56

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 98

Reporting Cost-Benefit Internet of Things Data-driven 98

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 126

IoT Internet of Things Cost-Benefit Digital Transformation 126

IBM Big Data Hub

APRIL 22, 2024

To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. This Earth Day, we are calling for action to conserve our scarcest resource: the planet.

IoT 84

IoT Internet of Things Cost-Benefit Reporting 84

IBM Big Data Hub

JANUARY 15, 2024

While digital transformation has been a trend for some years, emerging technologies have made this movement even more important. For instance, organizations that are struggling to build their own IT services can assess whether some internal legacy tech should be replaced with technologies from software-as-a-service (SaaS) providers.

Digital Transformation 77

Digital Transformation Internet of Things IoT Consulting 77

Smart Data Collective

MARCH 23, 2022

AI technology is becoming an integral part of many industries. With the advances made in microprocessor technology in the early 1970s, the automotive industry soon developed their first, albeit primitive, versions of smart cars. There are a lot of benefits of utilizing AI technology in the automotive sector.

IoT 111

IoT Internet of Things Testing Cost-Benefit 111

Smart Data Collective

MAY 25, 2023

Fortunately, new technology and training processes can help fight data breaches. 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. million yearly.

Internet of Things 92

Internet of Things Cost-Benefit Risk Software 92

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 76

Strategy Management Cost-Benefit IoT 76

Smart Data Collective

MARCH 28, 2021

Any rigid business that is hesitant to embrace cloud computing technology is bound to experience great challenges. Although there are many benefits of moving to the cloud , this decision is not without its risks. Reduced Costs and Downtime. This both enhances the user’s experience and benefits the business.

Cost-Benefit 138

Cost-Benefit IoT Internet of Things Data-driven 138

IBM Big Data Hub

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. But which innovations are showing the most potential? Let’s discuss (in no particular order).

Cost-Benefit 59

Cost-Benefit IoT Internet of Things Enterprise 59

CIO Business Intelligence

JANUARY 24, 2024

Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. One of the keys to benefiting from unstructured data is to define clear objectives, Miller says. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

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 105

IoT Internet of Things Data-driven Manufacturing 105

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. Nichol ( @PeterBNichol ), Chief Technology Officer at OROCA Innovations.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. The power of people.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JULY 13, 2023

As demand for computing power continues to rise, the environmental impact of technology cannot be ignored. As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. As technology innovators, we all must take responsibility and develop strategies to impact meaningful change.

IT 98

IT Internet of Things Strategy IoT 98

Smart Data Collective

JULY 2, 2019

We have heard experts all over the world talk about the benefits of big data in renewable energy. Better distribution, cost savings, technical improvements and, above all, the optimization of resources are some of the spaces that are opened up thanks to new technologies. Here are some of their findings.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

Cloudera

AUGUST 18, 2021

In digital transformation projects, it’s easy to imagine the benefits of cloud, hybrid, artificial intelligence (AI), and machine learning (ML) models. technologies. technologies. Data Lifecycle Management: The Key to AI-Driven Innovation. Improving Patient Care.

Data Lake 90

Data Lake IoT Internet of Things Data-driven 90

IBM Big Data Hub

JULY 12, 2023

For example, how you react to a disruptive technology or cope with a sudden change in the markets can be the difference between success and failure. Make a list of risks and prioritize them according to likelihood and severity. One way to do this is to look at how much company revenue is being generated by the business unit at risk.

Risk 40

Risk Cost-Benefit Internet of Things Testing 40

Smart Data Collective

APRIL 24, 2019

If you represent a manufacturing concern and you’re wondering about the benefits of capturing and analyzing operational data , you’ve come to the right place. That’s a resounding show of approval, especially when you consider the pressure modern enterprises are up against when it comes to cutting costs.

Analytics 100

Analytics Manufacturing Cost-Benefit Internet of Things 100

Smart Data Collective

DECEMBER 16, 2019

We live in a digital era where every business aspect revolves around technology, making IT systems the core of modern-day operations. This is no longer a reserve for companies that specialize in technology-based solutions but a need that cuts across the board. Faster and more flexible decision making.

Optimization 54

Optimization Enterprise Internet of Things Cost-Benefit 54

Cloudera

AUGUST 22, 2021

It seems like there’s always something new to look out for every day, be it new use cases, technology or ways that organizations can benefit. I’m passionate about finding effective ways to adopt new technology and removing obstacles. In fact, the definition of ‘cloud’ has changed so much over the years. It keeps me going. .

Cost-Benefit 103

Cost-Benefit Strategy IoT Digital Transformation 103

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,

Manufacturing 77

Manufacturing Technology Internet of Things Cost-Benefit 77

Sisense

JANUARY 13, 2020

Manufacturing constantly seeks ways to increase efficiency, reduce costs, and unlock productivity and profitability. Modern factories are full of machines, sensors, and devices that make up the Internet of Things. Analytic technology embedded within machinery can do the job at the point at which the data is generated.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

BizAcuity

MARCH 1, 2019

There is a coherent overlap between the Internet of Things and Artificial Intelligence. Evolution of Internet of Things. As IoT continues to be one of the most popular technology buzzwords of the year, the discussion has evolved from what it is, to how to drive value from it, to the tactical: how to make it work.

IoT 56

IoT Internet of Things Big Data Data-driven 56

Cloudera

DECEMBER 18, 2018

Open source allows you to stay on the cutting edge, to have the latest and most innovative technologies at your disposal at all times. In spirit and by definition, open source excludes all things proprietary. The good thing about standards is that there are so many to choose from” – Andrew S. Standards for IoT.

IoT 43

IoT Internet of Things Machine Learning Insurance 43

Cloudera

AUGUST 6, 2018

To manage what’s become one of the largest data sets on mental health and crisis in the world, Crisis Text Line had to be built from the ground up around technology and data. . Whether we like it or not, this Internet of Things is the new reality. We can now collect, store, and analyze many more types of data than ever before.

Machine Learning 51

Machine Learning Internet of Things Cost-Benefit Data-driven 51

IBM Big Data Hub

MAY 31, 2023

Understanding and planning for when your equipment is likely to fail can drive greater efficiency in production operations, but how do you decide which strategy is the most cost-effective one for you? It is suited to low-cost, non-critical assets that don’t pose safety or operational risks if a run-to-failure strategy is deployed.

Cost-Benefit 96

Cost-Benefit Strategy IoT Internet of Things 96

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

IBM Big Data Hub

JUNE 29, 2023

Here, we will compare digital twins and digital threads, and discuss potential use cases and benefits. Digital twin technology uses Industrial Internet of Things (IIoT) sensors, machine learning and simulation software to collect product data and generate accurate models. What are digital twins?

Manufacturing 57

Manufacturing Internet of Things Digital Transformation Optimization 57

IBM Big Data Hub

AUGUST 11, 2023

Gathering data from machines, sensors, operators and other Industrial Internet of Things (IIoT) devices, they provide accurate and up-to-date insights into the status of production activities. Proper planning and preparation will contribute to a successful MES implementation and maximize its benefits for your organization.

Software 73

Software Manufacturing Cost-Benefit ROI 73

Alation

MAY 12, 2022

Every company is a technology company. Or, rather, every successful company these days is run with a bias toward technology and data, especially in the manufacturing industry. technologies, manufacturers must deploy the right technologies and, most importantly, leverage the resulting data to make better, faster decisions.

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

IBM Big Data Hub

JULY 5, 2023

Planning In the first stage of the asset lifecycle, stakeholders assess the need for a new asset, its projected value to the organization and its overall cost. We’ll go deeper into EAMs, the technologies underpinning them, the types of maintenance they enable and their implications for ALM best practices in another section.

Strategy 56

Strategy Management IoT Cost-Benefit 56

IBM Big Data Hub

JUNE 30, 2023

Machinery, equipment, facilities and vehicles provide economic value or benefit operations. Organizations can’t work effectively if they don’t invest to keep their assets running cost-effectively throughout their lifecycle. Most organizations can’t run without physical assets. Let’s explore these in more depth.

Management 64

Management Cost-Benefit Enterprise IoT 64

IBM Big Data Hub

AUGUST 8, 2023

Whatever the case, large organizations can benefit from enterprise asset management (EAM) software to manage all the physical stuff the company owns. EAMs optimize the quality and utilization of physical assets throughout their lifecycle, increase productive uptime and reduce operational costs.

Software 53

Software Enterprise Management Cost-Benefit 53

Cloudera

SEPTEMBER 5, 2018

While the Internet of Things (IoT) represents a significant opportunity, IoT architectures are often rigid, complex to implement, costly, and create a multitude of challenges for organizations. Some of the key benefits include: Accelerated Deployment & Reduced Risk for Customers. An Open, Modular Architecture for IoT.

IoT 48

IoT Machine Learning Internet of Things Cost-Benefit 48