CIO Business Intelligence

JANUARY 31, 2024

But AI users must also get over the urge to use the biggest, baddest AI models to solve every problem if they truly want to fight climate change. Is it necessary for a model that can also write a sonnet to write code for us?” Our approach has been to create specific models for specific use cases rather than one general-purpose model.”

Cost-Benefit 131

Cost-Benefit Modeling Testing IoT 131

CIO Business Intelligence

DECEMBER 6, 2023

The migration, still in its early stages, is being designed to benefit from the learned efficiencies, proven sustainability strategies, and advances in data and analytics on the AWS platform over the past decade. Energy optimization is another key aspect of DS Smith’s data and sustainability pipeline, the CIO says.

Manufacturing 91

Manufacturing Data Lake Digital Transformation Machine Learning 91

CIO Business Intelligence

DECEMBER 7, 2022

Next-generation technologies such as private 5G enable this edge connectivity, while IoT technologies deliver connected devices. By processing the data on-site, companies can save on expensive backhaul transport costs required to deliver large amounts of data for traditional cloud processes.”

IoT 89

IoT Cost-Benefit Manufacturing Enterprise 89

CIO Business Intelligence

JULY 12, 2023

However, some things are common to virtually all types of manufacturing: expensive equipment and trained human operators are always required, and both the machinery and the people need to be deployed in an optimal manner to keep costs down. Moreover, lowering costs is not the only way manufacturers gain a competitive advantage.

Manufacturing 98

Manufacturing Cost-Benefit Data Lake Optimization 98

BizAcuity

MARCH 1, 2019

IoT is basically an exchange of data or information in a connected or interconnected environment. As IoT devices generate large volumes of data, AI is functionally necessary to make sense of this data. IoT and AI together make this context, i.e. ‘connected intelligence’ from connected devices. Bringing the power of AI to IoT.

IoT 56

IoT Internet of Things Big Data Data-driven 56

CDW Research Hub

SEPTEMBER 30, 2020

Many people are examining the benefits of storage as a service model, but why? The adoption of Storage as a Service (STaaS) is growing rapidly, and many reasons illustrate why businesses are choosing this model. question, check out these three benefits of adopting STaaS: 1. The question may be, why not? Consumption.

Modeling 52

Modeling Cost-Benefit Internet of Things IoT 52

CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says.

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134

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. turn this application off while not in use to increase network optimization by X percent).

Management 97

Management Internet of Things Cost-Benefit Uncertainty 97

Cloudera

JANUARY 30, 2024

As we navigate the fourth and fifth industrial revolution, AI technologies are catalyzing a paradigm shift in how products are designed, produced, and optimized. There are many functional areas within manufacturing where manufacturers will see AI’s massive benefits.

Manufacturing 77

Manufacturing Contextual Data IoT Digital Transformation 77

CIO Business Intelligence

JUNE 5, 2023

They are connected industrial and Internet of Things (IoT) experiences that drive optimization of operational productivity and flexibility without compromising security. The cost savings and other benefits from automation and improved efficiencies across thousands of stores, gas stations, hotels, or restaurants can be significant.

Internet of Things 90

Internet of Things Cost-Benefit Manufacturing IoT 90

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. IoT is the technology that enhances communication by connecting network devices and collecting data. AI is leading to massive changes in the IoT market. Experts project that 40% of all IoT changes will be shaped by AI.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

Ontotext

APRIL 6, 2023

Knowledge graphs are changing the game A knowledge graph is a data model that uses semantics to represent real-world entities and the relationships between them. This model is used in various industries to enable seamless data integration, unification, analysis and sharing. standards modeled in a knowledge graph!

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

Smart Data Collective

JUNE 30, 2022

Smart companies realize that analytics technology needs to be at the core of their business models. More companies are using data analytics to optimize their business models in creative ways. The IoT has helped improve logistics , but big data has been even more impactful. Optimized inventory management.

Analytics 110

Analytics Cost-Benefit Analytics Technologies Big Data 110

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Leading life science companies are leveraging cloud for innovation around operational, revenue and business models.

Consulting 77

Consulting Cost-Benefit Optimization Machine Learning 77

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

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. Circular economy: When waste is a resource Waste not, want not: the circular economy model, which aims to minimize unnecessary waste and make the most of resources, is booming.

Reporting 93

Reporting Cost-Benefit Internet of Things Data-driven 93

IBM Big Data Hub

JANUARY 26, 2024

hereafter as Shuto Technology) to help a joint venture Original Equipment Manufacturer (OEM) in China to obtain information in an accurate and cost-effective way for on-site technicians. Likewise, it provides the percentage of fault possibility through AI diagnostic model analysis and formulates a fast and accurate maintenance plan.

Cost-Benefit 75

Cost-Benefit Enterprise Technology KPI 75

CIO Business Intelligence

DECEMBER 6, 2022

Next-generation technologies such as private 5G enable this edge connectivity, while IoT technologies deliver connected devices. By processing the data on-site, companies can save on expensive backhaul transport costs required to deliver large amounts of data for traditional cloud processes.”

IoT 59

IoT Cost-Benefit Manufacturing Enterprise 59

Smart Data Collective

JUNE 16, 2022

Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general. However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE.

Business Analytics 122

Business Analytics Analytics Forecasting Business Analysis 122

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. From embracing machine learning to leveraging datafication, manufacturers can harness the power of digital transformation to optimize their operations and navigate the complexities of an ever-evolving industry.

Digital Transformation 40

Digital Transformation Internet of Things Manufacturing IoT 40

Smart Data Collective

NOVEMBER 12, 2021

Big data has helped companies identify promising cost-saving measures, recruit the best talent, optimize their marketing strategies and realize many other benefits. However, there are a lot of other benefits of big data that have not gotten as much attention. Control Operational Costs. Here’s why.

Data-driven 103

Data-driven Cost-Benefit Data mining Big Data 103

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. This led to slowing adoption rates of IoT.

IoT 104

IoT Internet of Things Data-driven Manufacturing 104

IBM Big Data Hub

JUNE 29, 2023

When a critical asset like an expensive piece of machinery or infrastructure breaks unexpectedly, it affects customers and can cost companies millions. Enterprises are constantly looking for new ways to optimize performance, increase reliability and extend asset lifespans—all without adding unnecessary costs.

Cost-Benefit 84

Cost-Benefit Measurement Management Predictive Analytics 84

CIO Business Intelligence

JANUARY 24, 2024

At Vanguard, “data and analytics enable us to fulfill on our mission to provide investors with the best chance for investment success by enabling us to glean actionable insights to drive personalized client experiences, scale advice, optimize investment and business operations, and reduce risk,” Swann says.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

CDW Research Hub

SEPTEMBER 29, 2021

Leveraging cloud computing provides a strategic opportunity for many organizations and IT teams to deliver access everywhere, reduce costs, improve efficiency, and speed innovation. Visibility of unmanaged devices such as routers, switches and IoT devices. But visibility and control of endpoints are increasingly challenging.

IoT 64

IoT Cost-Benefit Forecasting Enterprise 64

CIO Business Intelligence

FEBRUARY 17, 2023

The business benefits of analytics in the cloud First, US Konica Minolta’s hop to the cloud will improve overall efficiencies and cut IT maintenance costs, Lee notes. Implementing more IoT sensors into its multifunction machines will also drive new business services as part of the company’s connected product strategy, he says.

Digital Transformation 105

Digital Transformation IoT Manufacturing Sales 105

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. Drilling operations optimization : Drilling operations are complex and costly.

Technology 55

Technology Cost-Benefit Optimization Internet of Things 55

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 59

IT Cost-Benefit Internet of Things IoT 59

CIO Business Intelligence

MAY 16, 2022

To reap the benefits, organizations need to modernize with a decentralized data strategy that delivers the speed and flexibility necessary for driving smarter outcomes for the business. billion connected IoT devices by 2025, generating almost 80 billion zettabytes of data at the edge. IDC estimates that there will be 55.7

IoT 94

IoT Data Warehouse Internet of Things Machine Learning 94

CIO Business Intelligence

JUNE 2, 2022

Among the hot technologies, artificial intelligence and machine learning — a subset of AI that that makes more accurate forecasts and analysis as it ingests data — continue to be of high interest as banks keep a strong focus on costs while trying to boost customer experience and revenue. AI enhances operational efficiency.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. When a user sends a message, the system uses NLP to parse and understand the input, often by using DL models to grasp the nuances and intent. DL, a subset of ML, excels at understanding context and generating human-like responses. billion by 2030.

Enterprise 100

Enterprise Interactive Data-driven Key Performance Indicator 100

Sisense

OCTOBER 15, 2020

The world is moving faster than ever, and companies processing large amounts of rapidly changing or growing data need to evolve to keep up — especially with the growth of Internet of Things (IoT) devices all around us. How industries can benefit from streaming data. Optimizing object storage.

Dashboards 98

Dashboards IoT Optimization Internet of Things 98

CIO Business Intelligence

JUNE 1, 2022

It opens not just cloud-native technologies such as containerization, which are empowering organizations to move to more agile delivery models critical in today’s highly competitive app-centric landscape, but also enables cutting-edge innovations from 5G to AI and IoT.

Digital Transformation 93

Digital Transformation Business Objectives Cost-Benefit IoT 93

IBM Big Data Hub

JANUARY 8, 2024

Organizations implementing successful business transformations are more likely to grow their existing businesses, eliminate silos, create revenue growth and business models and reinvent how they handle their operations. The right technology creates an opportunity to create new digital solutions and improve operational efficiency.

Digital Transformation 63

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 63

Cloudera

AUGUST 3, 2021

Risk modeling was once a qualitative guess, now modeling can leverage enterprise data to deliver quantitative assessments from a larger and more diverse data set. Those on their digital transformation journey are very aware of additional risk factors when optimizing their supply chain. Digital Transformation is not without Risk.

Analytics 107

Analytics Digital Transformation Risk Forecasting 107

bridgei2i

JUNE 3, 2020

CTD’s growth over the last two decades was aided by technological innovation and the steady drop of electronics components’ costs, driven by economies of scale. However, Italy, which seems to be flattening the curve, has started showing signs of optimism. Apple launched an iPhone version almost every three months. Mobile electronics.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

Cloudera

DECEMBER 17, 2020

In my first blog of this series , I spoke about how successful retailers are leveraging customer profiles producing higher customer engagement results, and reduced marketing costs by delivering targeted, relevant, contextual content and recommendations. The benefits of moving to a customer-centric merchandising strategy.

Sales 57

Sales Cost-Benefit Data-driven Optimization 57