IBM Big Data Hub

DECEMBER 18, 2023

Weather forecasting As extreme weather events increase in intensity and frequency across the globe, planning and preparing for them is crucial for governments and organizations alike. More accurate forecasts use real-time data and digital maps to help companies better predict and respond to weather events, reducing impacts to operations.

Internet of Things 98

Internet of Things IoT Forecasting Visualization 98

CIO Business Intelligence

APRIL 4, 2024

To keep up, Redmond formed a steering committee to identify opportunities based on business objectives, and whittled a long list of prospective projects down to about a dozen that range from inventory and supply chain management to sales forecasting. “We We don’t want to just go off to the next shiny object,” she says. “We

Enterprise 123

Enterprise Cost-Benefit Forecasting Sales 123

IBM Big Data Hub

MARCH 12, 2024

Today, utilities are meeting these challenges and risks with innovation by leaning on data and AI to prepare for the next event. Identifying at-risk assets in advance is a main challenge for utilities. Notably, during Winter Storm Elliott, the total load forecast was underestimated by 23,047 MW.

Risk 58

Risk Forecasting Data-driven IoT 58

Cloudera

AUGUST 3, 2021

Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed. Advanced analytics empower risk reduction . Digital Transformation is not without Risk.

Analytics 109

Analytics Digital Transformation Forecasting Risk 109

Jen Stirrup

MAY 21, 2024

I am joining the webinar as an attendee so I can get out in front of the risks. AI has become a driving force in various technologies, including robotics, big data, and the Internet of Things (IoT). Research from MarketsandMarkets forecasts that the AI market will grow from USD 58.3 during the forecast period.

IT 68

IT Measurement Internet of Things Data-driven 68

Corinium

JUNE 6, 2019

Regulations and compliance requirements, especially around pricing, risk selection, etc., In the long run, we see a steep increase in the proliferation of all types of data due to IoT which will pose both challenges and opportunities. How can advanced analytics be used to improve the accuracy of forecasting?

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

Cloudera

OCTOBER 18, 2017

Most of us have seen the news stories and forecasts about the Internet of Things (IoT) and what a vast market and field of opportunity it will be. Hundreds of the world’s largest enterprises now use IoT in ways so innovative, they’re disrupting their own industries.

Internet of Things 40

Internet of Things IoT Forecasting Machine Learning 40

IBM Big Data Hub

MAY 31, 2023

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. Predictive strategies take this even further and use advanced data techniques to forecast when things are likely to go wrong in the future. What is preventive maintenance?

Cost-Benefit 89

Cost-Benefit Strategy IoT Internet of Things 89

CIO Business Intelligence

DECEMBER 13, 2023

Applications such as financial forecasting and customer relationship management brought tremendous benefits to early adopters, even though capabilities were constrained by the structured nature of the data they processed.

Unstructured Data 90

Unstructured Data IoT Metadata Manufacturing 90

CIO Business Intelligence

FEBRUARY 24, 2023

As this technology becomes pervasive across the globe, PwC has forecast that the global economic impact of 5G will exceed $1.3 As organizations move to the next generation of connectivity, they will also need to confront potential new security risks. Security needs to keep up. trillion by 2030.1 Radio rogues.

Risk 98

Risk Digital Transformation IoT Enterprise 98

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. Gartner highlights AI trend in banking.

Predictive Analytics 136

Predictive Analytics Technology Analytics Machine Learning 136

IBM Big Data Hub

JUNE 20, 2023

By coupling asset information (thanks to the Internet of Things (IoT)) with powerful analytics capabilities, businesses can now perform cost-effective preventive maintenance, intervening before a critical asset fails and preventing costly downtime. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 72

Strategy Management Cost-Benefit IoT 72

Cloudera

JULY 20, 2021

An example from retail: higher fidelity demand forecasting in a large leading global grocery retailer produced a 5% to 7% increase in sales by minimizing out-of-stocks and a 30% to 50% reduction of average out-of-stocks in stores – that’s millions of dollars for most retailers. GDP forecasts keep rising and falling.

Manufacturing 104

Manufacturing Forecasting IoT Insurance 104

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. These may not be high-risk discoveries, but they could be high-reward discoveries.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

CDW Research Hub

SEPTEMBER 29, 2021

Hybrid work models, growing numbers of IoT and remote devices, and the dynamic nature of cloud environments can change the forecast for your endpoint security strategy from clear to murky. Without visibility and control of endpoints wherever they may be, the risk of a security breach increases.

IoT 64

IoT Cost-Benefit Forecasting Enterprise 64

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. Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs.

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

IBM Big Data Hub

JULY 5, 2023

Reduced risk of security breaches: Through real-time asset tracking and improved asset security capabilities, market-leading ALM systems can now help businesses track and monitor their assets in a way that helps prevent theft and data breaches.

Strategy 53

Strategy Management IoT Cost-Benefit 53

CIO Business Intelligence

JULY 31, 2023

How will the vision be enabled by disruptive technologies like Generative AI , IoT, and Cloud? What major challenges and risks stand between the current state and the vision? How will the company have improved for your customers once the vision is achieved? What about for your employees? Not sure where to start?

Strategy 91

Strategy IT Cost-Benefit Finance 91

Cloudera

NOVEMBER 9, 2018

While such a city might sound like a utopian dream, it could potentially turn into a dystopian nightmare if we overlook the risks brought about by the rise of smart cities. IoT opens doors to threats. Frost & Sullivan estimates that Asia Pacific will spend US$59 billion on the Internet of Things (IoT) by 2020, up from the US$10.4

IoT 56

IoT Machine Learning Internet of Things Data Collection 56

IBM Big Data Hub

JUNE 30, 2023

Improve forecasting accuracy Develop a good understanding of materials needed for infrastructure expansion or transportation of services/goods and ensure stock levels are sufficient.

Consulting 60

Consulting B2B IoT Optimization 60

Ontotext

APRIL 6, 2023

More and more companies are using them to improve a variety of tasks from product range specification and risk analysis to supporting self-driving cars. Another important standard in terms of logistics and supply chain management is EPCIS, which is enabled by IoT technologies and provides real-time tracking information.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

IBM Big Data Hub

JUNE 14, 2023

artificial intelligence (AI) applications, the Internet of Things (IoT), robotics and augmented reality, among others) to optimize enterprise resource planning (ERP), making companies more agile and adaptable. What’s the biggest challenge manufacturers face right now?

Manufacturing 72

Manufacturing Technology Internet of Things Cost-Benefit 72

BizAcuity

MARCH 31, 2022

85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Smart Data Collective

SEPTEMBER 19, 2021

As far as the CAGR or Compound Annual Growth Rate is concerned, the largest growth is taking place forecasted vertically most notably for the cybersecurity service sector (management, consulting, and maintenance) especially relating to SMBs (Small-to-Medium Businesses.). The Reason For So Much Demand.

Data-driven 119

Data-driven Big Data Marketing IoT 119

Smart Data Collective

APRIL 10, 2020

However, the detailed findings of intelligent asset performance analysis allow financers to minimize risks and maximize expected returns,” the company reports. Kaiserwetter offers the Aristotle IoT platform to manage all this. The Department of Energy should pay close attention to developments made by Kaiserwetter.

Machine Learning 137

Machine Learning IoT Optimization Technology 137

datapine

NOVEMBER 27, 2019

This is one of the major trends chosen by Gartner in their 2020 Strategic Technology Trends report , combining AI with autonomous things and hyperautomation, and concentrating on the level of security in which AI risks of developing vulnerable points of attacks. It’s an extension of data mining which refers only to past data.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CDW Research Hub

JANUARY 31, 2020

Everyone from Gartner to ZDNet, and nearly every technology vendor in between, has been busy forecasting the top trends for cybersecurity in 2020. From expanding data privacy regulations to the heightened security concerns of IoT devices, application security is coming into focus for cybersecurity professionals.

IT 52

IT IoT Cost-Benefit Testing 52

Smart Data Collective

NOVEMBER 25, 2019

New data-collection technologies , like internet of things (IoT) devices, are providing businesses with vast banks of minute-to-minute data unlike anything collected before. In the future, companies that come to rely on these new data sources will also need to protect that data — or risk the consequences. New Avenues of Data Discovery.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

Smart Data Collective

NOVEMBER 12, 2021

We talked about the benefits of outsourcing IoT and other data science obligations. While hiring outside your business’s home country does carry some added risk, you can minimize this through research of international hiring guides and investing in partnerships. However, the converse approach can also be useful.

Data-driven 103

Data-driven Cost-Benefit Data mining Big Data 103

Cloudera

SEPTEMBER 11, 2020

demand forecasting) based solely on historical transaction data – really missed the mark. The need to start better leveraging external data, working with broader data sets inclusive of incremental ‘demand signals,’ is no longer a ‘nice to have’ in order to improve forecast accuracy and inventory optimization. Supply-side.

Manufacturing 90

Manufacturing Forecasting Digital Transformation Sales 90

bridgei2i

JUNE 3, 2020

Broadly, these are as follows: (a) Shift in Buying Channels—towards Digital Commerce: In-store and outdoor vending have shifted toward e-commerce orders as customers attempt to minimize exposure risk. See how BRIDGEi2i helped a large Consumer Electronics brand improve its Sales Forecasting with Machine Learning.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

IBM Big Data Hub

MAY 17, 2023

billion by 2029, at a CAGR of 28.58% in the forecast period. Additionally, DaaS has the potential to leverage smart technologies such as IoT, sensors, 5G, edge analytics and machine learning to improve the monitoring and visualization of assets operations. The global commercial drone market is projected to grow from USD 8.15

Data Collection 78

Data Collection Visualization Data-driven Unstructured Data 78

CIO Business Intelligence

JULY 18, 2023

Organizations should look to hire and train fresh graduates instead of searching exclusively for experienced professionals,” says Sourya Biswas, technical director for risk management and governance at global cybersecurity consultancy NCC Group. Similarly, S&P has built an internal tech accelerator program called EssentialTECH.

IT 83

IT Data Science IoT Digital Transformation 83

Mark Raskino

OCTOBER 10, 2018

There is a risk that the new energy and excitement will be wasted if the technology investment follows on too slowly. Where better data evidence and forecast model support, wins big decisions and everyday decisions – not just ‘expert’ judgement. My own belief is that it would be better to start with the culture.

Digital Transformation 61

Digital Transformation IoT Risk Forecasting 61

IBM Big Data Hub

JUNE 29, 2023

It integrates advanced technologies—like the Internet of Things (IoT), artificial intelligence (AI) and cloud computing —into an organization’s existing manufacturing processes. Industry 4.0 Reshoring Reshoring is the process of bringing manufacturing operations back to their home country from overseas locations.

Manufacturing 55

Manufacturing Internet of Things Cost-Benefit Digital Transformation 55

bridgei2i

JUNE 11, 2020

Shift toward digital commerce: In-store and outdoor vending has given way to e-commerce, as customers attempt to minimize risk of exposure to the virus. They could help in better demand forecasts in the face of volatility. Learn how BRIDGEi2i helped a Fortune 500 company in improving its assortment planning with the power of AI.

Digital Transformation 52

Digital Transformation Sales Uncertainty Forecasting 52

bridgei2i

SEPTEMBER 27, 2019

With an avalanche of tech such as Artificial intelligence (AI), Internet of Things (IoT), 5G Telephones, and Nanotechnology, the entirety of Science Technology Engineering Math (STEM) is advancing at a rapid rate. The primary benefit of this is exacting an accurate demand forecast that will allow the business to operate at maximum efficiency.

Enterprise 40

Enterprise Digital Transformation Internet of Things IoT 40