CIO Business Intelligence

OCTOBER 9, 2022

By applying design thinking methodology to the core metaverse capabilities (that is, thoroughly assessing their desirability, feasibility, and viability in relation to your business), you will quickly be able to identify potential use cases for both the short and long term. Some are well on their way. I think you can see the cycle.

Cost-Benefit 142

Cost-Benefit Manufacturing Experimentation Risk 142

IBM Big Data Hub

SEPTEMBER 26, 2023

In these cases, the aircraft must undergo inspection before it can fly again. In partnership with IBM, RJC developed an aircraft damage assessment solution using augmented reality and digital twin technology—core processes of spatial computing—­­­to revolutionize pre-flight damage checks.

Enterprise 104

Enterprise Technology Interactive Reporting 104

IBM Big Data Hub

JULY 26, 2023

The use of digital twins is one such innovation. In the era of digital transformation, digital twins are emerging as a potent solution to energy production challenges. What is a digital twin? In this context, a maintenance team would create a digital twin of a piece of equipment or machinery.

Technology 57

Technology Cost-Benefit Optimization Internet of Things 57

CIO Business Intelligence

FEBRUARY 6, 2024

We’re moving into an era of AI and advanced technologies. IOWN uses the power of light to connect and enable computers, devices, sensors, and networks, replacing traditional electronic connections with faster, more efficient light-based connections. A better, more sustainable future is on the horizon.

Recreation/Entertainment 97

Recreation/Entertainment Cost-Benefit Testing Technology 97

CIO Business Intelligence

NOVEMBER 20, 2023

CIOs and others in the C-suite are already seeing payoffs from using AI to automate myriad types of business tasks and workflows. AI is becoming an integral part of decision-making for many different business functions – from finance to manufacturing to sales. AI makes this capability available to any business.

Sales 131

Sales Cost-Benefit Manufacturing Forecasting 131

CIO Business Intelligence

JULY 12, 2023

Companies across a multitude of industries are now using AI to improve their manufacturing processes. Most of the time, custom AI solutions are needed to fit into the processes of the company. P&G engineers developed a high-speed data collection system to capture data to use for training AI models.

Manufacturing 98

Manufacturing Cost-Benefit Data Lake Optimization 98

CIO Business Intelligence

OCTOBER 1, 2022

In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. We do that by leveraging data, AI, and automation with agility and scale across all dimensions of our business, accelerating innovation and increasing productivity in everything we do.”. “We

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JULY 26, 2023

A solution is urgently needed — and digital entities can help. What is a Digital Entity? A digital entity is an electronic representation of an object, person, organization, or concept. The digital entity’s form is based on the use case, spanning humanoid, animal-based representation (e.g.,

Technology 98

Technology Unstructured Data Forecasting Visualization 98

IBM Big Data Hub

MARCH 8, 2024

What better time to take a closer look at how humans are putting 5G to use to transform their world. Like its predecessors, 3G, 4G and 4G LTE, 5G technology uses radio waves for data transmission. Primarily, this is due to its ability to handle large volumes of data generated by complex devices using its networks. What is 5G?

IoT 108

IoT Broadcasting Internet of Things Technology 108

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

CIO Business Intelligence

JUNE 29, 2022

Nvidia and Siemens are partnering to make it easier for manufacturing enterprises to build photorealistic digital twins of their products and production processes, and view and manipulate those twins in real-time. Xcelerator acceleration.

Manufacturing 98

Manufacturing IoT Recreation/Entertainment Software 98

CIO Business Intelligence

JUNE 16, 2022

Because of this, BPM tools can be conceived of as a nexus that sucks in data from an array of business applications, tracking everything that happens in a given business process — what some have come to describe as “building a digital twin.”. Many use a sales team to create a custom price. Others charge by user or node.

Management 119

Management Insurance Software Digital Transformation 119

CIO Business Intelligence

SEPTEMBER 8, 2022

The headlines read “Artificial Intelligence (AI) will completely transform your business.” Is AI really a game changer, and does it actually apply to my business? While some companies are already benefiting from this transformative impact of AI, we see others struggling. But does the hype match the reality?

Machine Learning 115

Machine Learning Cost-Benefit Data-driven Digital Transformation 115

CIO Business Intelligence

MAY 9, 2023

Businesses can use it, as many already are, to enrich experiences, products, and services with virtual overlays for navigation and context. Further, Gucci has built an immersive concept store that showcases rare pieces, fosters conversation across contemporary Gucci creators, and even offers digital collectibles for purchase.

Digital Transformation 105

Digital Transformation ROI Business Objectives Manufacturing 105

CIO Business Intelligence

MARCH 15, 2022

Synthetic data is artificially generated information that can be used in place of real historic data to train AI models when actual data sets are lacking in quality, volume, or variety. Synthetic data use cases. Artificial data has many uses in enterprise AI strategies. a global management consulting firm.

Strategy 145

Strategy Testing Modeling Sales 145

Smart Data Collective

MARCH 29, 2021

One study from NewVantage found that 97% of respondents said that their company was investing heavily in big data and AI. This necessity has resulted in the development of digital technology focused on these functions. Significant digital trends have arisen due to these technologies, and they continue to benefit maintenance management.

Big Data 136

Big Data Management Cost-Benefit Internet of Things 136

IBM Big Data Hub

AUGUST 8, 2023

But it won’t be enough to simply repair and rebuild existing infrastructure using the same methods and technologies they were built with in the first place. Predictive maintenance takes these activities one step further by using historical and failure data about the asset to predict when it might have a problem.

Internet of Things 71

Internet of Things IoT Cost-Benefit Optimization 71

Decision Management Solutions

OCTOBER 18, 2022

Digital decisioning – the automation of decision-making using some combination of decision modeling, business rules, machine learning, predictive analytics and AI algorithms – is relevant to every industry and any organization of reasonable size. Finally, these strategic decisions require a lot of what-if analysis.

Predictive Analytics 52

Predictive Analytics Machine Learning Management Risk 52

CIO Business Intelligence

MARCH 22, 2024

Digitization is changing business models, particularly at PostNord, where it’s seen a continuous reduction in national letters sent that’s in line with the long-term digitization trend. The digital customer journey must be frictionless,” he says. “We Whatever is easiest should be used.

Testing 52

Testing Cost-Benefit Digital Transformation Marketing 52

CIO Business Intelligence

MARCH 30, 2022

The advent of digital technologies has had a major impact on the business, in both what services it delivers and how it delivers them, including IoT (internet of things) technologies and predictive maintenance capabilities. Second, we are using a “pivot principle” where we add and drop initiatives much more quickly than in the past.

Modeling 98

Modeling IT IoT Internet of Things 98

Ontotext

JANUARY 29, 2024

In 2023, data leaders and enthusiasts were enamored of — and often distracted by — initiatives such as generative AI and cloud migration. Although corporate pressures may prompt organizations to “do something with AI,” being data-driven must come first and remain top priority.

Strategy 52

Strategy Management Metadata Data-driven 52

CIO Business Intelligence

DECEMBER 7, 2022

Edge computing helps protect data stored at the edge and can be used to help organizations facing growing regulatory requirements. NTT’s EaaS solution is also key to enabling next-generation technologies such as digital twin models, autonomous mobile robots (AMRs) and autonomous vehicles.

IoT 97

IoT Cost-Benefit Manufacturing Enterprise 97

CIO Business Intelligence

APRIL 19, 2022

Vendors, by making indistinguishable claims about digital transformation and process automation, suggest similar outcomes. In many cases, the outcomes are limited to efficiency. Every few years, a viral story breaks about how identical twins, separated at birth, discovered one another as adults. DNA matters.

Digital Transformation 111

Digital Transformation Insurance ROI Business Objectives 111

Ontotext

NOVEMBER 2, 2023

This shift from relational to graph approach has been well-documented by Gartner who advise that “using graph techniques at scale will form the foundation of modern data and analytics” and “graph technologies will be used in 80% of data and analytics innovations by 2025.”

IT 69

IT Cost-Benefit Data-driven Technology 69

bridgei2i

MARCH 27, 2020

PODCAST: AI for the Digital Enterprise. In the 4th episode of the series, Host Aruna Babu talks to Pritam Kanti Paul – CTO and Co-Founder of BRIDGEi2i Analytics Solutions about the pace and scale of innovation in an AI-led world. What about innovation in the context of enterprises adopting AI? Listening time: 11 minutes.

Enterprise 86

Enterprise Consulting Sales Statistics 86

CIO Business Intelligence

DECEMBER 6, 2022

Edge computing helps protect data stored at the edge and can be used to help organizations facing growing regulatory requirements. NTT’s EaaS solution is also key to enabling next-generation technologies such as digital twin models, autonomous mobile robots (AMRs) and autonomous vehicles.

IoT 59

IoT Cost-Benefit Manufacturing Enterprise 59

CIO Business Intelligence

JUNE 7, 2022

While Kevin Wilson may joke that his title at Stefanutti Stocks, one of South Africa’s leading construction groups, is “chief coffee drinker,” he’s actually the man spearheading the construction brand’s digital transformation. We’ve just used them to assist with the concrete rehabilitation of the Sentech Tower in Johannesburg.

Digital Transformation 98

Digital Transformation Technology Management Testing 98

Cloudera

AUGUST 25, 2020

Machine Learning and AI provide powerful predictive engines that rely on historical data to fit the models. For example, using this information one can evaluate whether something has a set of potential tail risk scenarios that can be catastrophic to the institution or economy, or whether it poses no risk at all.

Prescriptive Analytics 69

Prescriptive Analytics Technology Machine Learning Risk 69

CIO Business Intelligence

MARCH 3, 2023

Here are three examples of how sports organizations are using analytics to gain better insights into their venues. The NHL has worked with partner SAP to create NHL Venue Metrics, a sustainability platform that teams and their venue partners can use for data collection, validation, and reporting and insights. “The

Data Analytics 98

Data Analytics Analytics Measurement Metrics 98

Smart Data Collective

OCTOBER 1, 2019

What exactly is artificial intelligence (AI) and what business does it have in higher education? Simply put, AI is an attempt to emulate human knowledge by programming extensive rules into computers. AI software market revenue. The artificial exploitation of student’s digital footprints is no exception. Image: Statista ).

Big Data 85

Big Data Machine Learning Risk Interactive 85

bridgei2i

NOVEMBER 3, 2021

Driving AI Adoption in the Manufacturing Industry. Aditya Karnani, Lead, Factory Performance & Reliability, Colgate Palmolive | Ronobijay Bhaumik, Director, Digital Consulting, Intelligent Operations, BRIDGEi2i. 8:10] How do you see AI solutions replacing some of the more traditional ways of working? Subscribe Now.

Manufacturing 52

Manufacturing Enterprise ROI Digital Transformation 52

Cloudera

MARCH 28, 2019

The threat posed by new market entrants, unconstrained by the legacy IT systems of big banks, is as obvious as their appeal to a generation of digital natives. The trouble is, banks rarely use it effectively. Too much is still recorded manually, when Artificial Intelligence (AI) could perform the task.

Risk 73

Risk Management Risk Management Machine Learning 73

IBM Big Data Hub

MAY 17, 2023

Although AI and machine learning are often touted as the solution to all problems, it’s important to understand that automating a flawed process can make things worse. 36% of respondents polled primarily use automated discovery tools like process mining, which improve their ability to analyze processes objectively and at scale.

Management 76

Management IT Optimization Consulting 76

CIO Business Intelligence

APRIL 26, 2022

For personnel, cameras look for personal protective equipment (PPE) use, such as hard hats and safety glasses, and then the system either sends alerts to a manager if PPE is not being worn or keeps track of metrics that a safety officer uses to determine whether training is needed.

Manufacturing 98

Manufacturing Optimization Metrics Deep Learning 98

CIO Business Intelligence

JANUARY 3, 2024

Digital Twins are making solid headway in the civil infrastructure arena with notable examples such as the twin of the entire Republic of Singapore, and the city of Dubai. All companies that practice and plan with live twins are getting an edge over their competition.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

CIO Business Intelligence

AUGUST 16, 2022

Elaborating on some points from my previous post on building innovation ecosystems, here’s a look at how digital twins , which serve as a bridge between the physical and digital domains, rely on historical and real-time data, as well as machine learning models, to provide a virtual representation of physical objects, processes, and systems.

Visualization 145

Visualization Cost-Benefit IoT Digital Transformation 145

bridgei2i

APRIL 13, 2020

Unlike other diseases and epidemics, in a fraction of the COVID-19 cases, fatalities are very high, and there seems to be no effective cure. Faced with the twin imperatives of keeping employees safe and businesses afloat—Remote collaboration is looked upon as a saviour.

Metrics 59

Metrics Enterprise Data-driven Strategy 59