CIO Business Intelligence

FEBRUARY 15, 2024

Like many incumbents in the consumer packaged goods (CPG) industry, Henkel was slow to embrace digital technologies, resulting in a widening disconnect between the 147-year-old company and the changing needs of its customers. We’ve been lucky, I think, because we have interesting industry problems to crack,” Nilles says.

B2B 138

B2B Optimization Machine Learning Software 138

IBM Big Data Hub

MARCH 8, 2024

In part, this is because of high saturation in the market: An electronics or home goods retailer now competes globally, not just with its direct competitors, but with small-scale online stores and ecommerce giants like Amazon. This can force businesses to bring down prices to compete.

Consulting 87

Consulting Marketing Sales Data Processing 87

CIO Business Intelligence

MARCH 28, 2022

After launching the Healthcare and Life Sciences Data Cloud Platform just a week ago, Snowflake has announced a Retail Data Cloud aimed at helping retail and consumer goods companies make the most of their data.

Consulting 123

Consulting Data Warehouse Machine Learning Dashboards 123

O'Reilly on Data

APRIL 4, 2024

To the extent that entrepreneurial funding is more concentrated in the hands of a few, private finance can drive markets independent of consumer preferences and supply dynamics. The ride-hailing business offers a classic example of the distortive over-reliance on capital rather than consumer choice. Tesla and SpaceX are good examples.

Marketing 153

Marketing Modeling Finance Experimentation 153

CIO Business Intelligence

MARCH 21, 2024

“The presence of Huawei 5G Smart Warehouse can be a wake-up call as well as a prime example for the entire ecosystem to be able to immediately integrate 5G technology in digitalization which manifestly presents breakthrough solutions that are beneficial not only for the logistics industry but also various other sectors,” Ismail said.

Informatics 104

Informatics Digital Transformation IT Manufacturing 104

CIO Business Intelligence

APRIL 16, 2024

While warp speed is a fictional concept, it’s an apt way to describe what generative AI (GenAI) and large language models (LLMs) are doing to exponentially accelerate Industry 4.0. I am fascinated and passionate about helping manufacturers leverage Gen AI-fueled edge deployments that break through legacy Industry 4.0

Manufacturing 140

Manufacturing Digital Transformation Risk Dashboards 140

IBM Big Data Hub

MAY 24, 2023

In an era of evolving consumer preferences and economic uncertainties, the beverage industry stands as a vibrant reflection of changing trends and shifting priorities. This intriguing juxtaposition highlights the resilient nature of consumers and their desire to seek moments of joy and comfort.

Digital Transformation 86

Digital Transformation Consulting Data-driven Uncertainty 86

CONTACT Software

FEBRUARY 29, 2024

Digitalization in manufacturing Production is one of the most heavily optimized industrial sectors, and for good reason. Avoidable scrap or machine downtimes not only consume time and nerves but, above all, a significant amount of money. For this purpose, they … Continue reading "MES and MOM – A clarification of terms"

Manufacturing 52

Manufacturing Optimization Digital Transformation 52

Dataiku

JANUARY 9, 2024

Entering into a new year often brings a combination of old and new, and the Retail & CPG industry is no exception to that rule. There will be recognizable consumer behavior and expanding perspectives on trends that are not necessarily new but new to the priority list for 2024.

Technology 64

Technology 64

IBM Big Data Hub

JUNE 19, 2023

From the decades before the turn of the century until the global pandemic, great economic growth spread across the world, driving historic demand in commodities and consumer goods. A deglobalized supply chain relies on manufacturing, labor and industries that are either local to the business or in a neighboring state or country.

Risk 84

Risk Manufacturing Reporting Modeling 84

CIO Business Intelligence

JANUARY 25, 2024

Enterprise spending on consumer-facing generative AI tools will grow from $40 billion in 2023 to $1.3 For industries across the board, a chatbot that is actually good at chatting will be a customer- and employee-experience game-changer. trillion by 2032, according to a Bloomberg Intelligence analysis. billion in 2022 to $6.9

Insurance 104

Insurance Interactive Marketing Publishing 104

datapine

MAY 2, 2023

The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries. In this article, we’re going to examine examples and benefits of big data in logistics industry to fuel your imagination and get you thinking outside of the box. Did you know? million miles.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

IBM Big Data Hub

MARCH 7, 2024

Companies with diverse workforces are better positioned to deliver truly customer-centric experiences to all consumers. Red signifies good fortune in Chinese culture but can denote danger or caution in Western cultures. There are also numerous organizations that can help. You can only manage what you measure.

Metrics 103

Metrics Measurement Strategy Software 103

datapine

APRIL 14, 2022

After all, these are some pretty massive industries with many examples of big data analytics, and the rise of business intelligence software is answering what data management needs. While data science is a relatively new field, more and more industries are jumping on the data gold rush. Real World Success Case. What’s the motive?

Big Data 244

Big Data Recreation/Entertainment Analytics Data-driven 244

CIO Business Intelligence

OCTOBER 1, 2022

P&G) has grown to become one of the world’s largest consumer goods manufacturers, with worldwide revenue of more than $76 billion in 2021 and more than 100,000 employees. Accessing this level of data, at scale, is rare within the consumer goods industry,” Cretella says. Data and AI as digital fundamentals.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

IBM Big Data Hub

MARCH 27, 2024

One of the more common Scope 3 calculation methodologies that organizations use is the spend-based method, which can be time-consuming and resource intensive to implement. Within USEEIO, goods and services are categorized into 66 spend categories, referred to as commodity classes, based on their common environmental characteristics.

Experimentation 82

Experimentation Modeling Deep Learning Data-driven 82

BA Learnings

JUNE 17, 2023

The country offers a plethora of opportunities across various industries, such as technology, eco-friendly solutions, healthcare, and wellness. Key industries include natural resources, manufacturing, technology, agriculture, and services.

Recreation/Entertainment 130

Recreation/Entertainment Manufacturing Marketing Technology 130

CIO Business Intelligence

OCTOBER 16, 2023

The numerous new attack vectors being used by threat actors to obtain payment card data underscores the increasing necessity of compliance with the Payment Card Industry Data Security Standard (PCI DSS). In the Hospitality industry, credit card data was the target of 41% of cyberattacks, according to the 2023 DBIR.

Consulting 126

Consulting Enterprise Reporting Risk 126

bridgei2i

MARCH 30, 2021

Read more about various defining trends of 2021 across industries here. The Year After: What does 2021 hold for the Consumer Technology and Durables Industry? The Year After: What does 2021 hold for the Consumer Packaged Goods industry? The Year After: What does 2021 hold for the Enterprise Tech Industry?

Digital Transformation 98

Digital Transformation Enterprise Technology Analytics 98

CIO Business Intelligence

AUGUST 8, 2022

The last thing consumers need when they’re hundreds or thousands of miles away from home is to be the victim of payment fraud. Fortunately, innovative and secure digital payment technologies embraced by the travel industry have made it easy for individuals to safely pay for goods and services — no matter where they are in the world.

Risk 98

Risk Technology Software Reporting 98

CIO Business Intelligence

NOVEMBER 9, 2023

Instead of setting up a few guardrails for the AI industry to guide itself, the executive order holds fast to an outdated approach to regulation in which the government will somehow guide AI’s future on its own. These are encouraging steps to foster development in this fast-growing industry.

Testing 131

Testing Reporting Data-driven Technology 131

Smart Data Collective

AUGUST 23, 2021

Whether you’re a company looking to market its products and services to new audiences, an affiliate marketer hoping to maximize their income streams or another individual involved in the industry, there are umpteen ways in which big data is influencing the realm of marketing and sales. Targeting consumers. Forging friendships.

Big Data 121

Big Data Marketing Advertising ROI 121

Dataiku

NOVEMBER 6, 2023

In the ever-shifting world of Retail and Consumer Packaged Goods (CPG), two pivotal strategies are redefining the way companies operate and engage with their customers: Personalization and Automation. In this blog, we will delve deeper into the significance of personalization and automation within the retail and CPG industries.

Strategy 53

Strategy 53

Smart Data Collective

APRIL 28, 2021

As technology continues to evolve, industry leaders are paving the way by using new and emerging capabilities to their advantage. As users demand more intuitive apps and mobile friendly websites from goods and services providers, how are key industries benefiting? What are data-driven apps? Healthcare.

Data-driven 135

Data-driven Advertising Big Data Marketing 135

IBM Big Data Hub

FEBRUARY 12, 2024

Across arguably every industry, business leaders view a great customer experience strategy as a key differentiator. For example, McKinsey found that 50% of consumers reported they would switch brands if their preferred brand was unavailable due to shortages. Many customers were limited to the goods and services in their near vicinity.

Data-driven 103

Data-driven Manufacturing Consulting Advertising 103

CIO Business Intelligence

OCTOBER 6, 2022

Also hear from Adam Goodes on a journey of identity. Andre Durand will be joined by someone who also knows something about identity from a different perspective: Adam Goodes, 2014 Australian of the Year and AFL legend. Customers and partners do not need to the code to register. It’s a matter of trust.

Risk 98

Risk Optimization Enterprise Modeling 98

CIO Business Intelligence

MARCH 27, 2024

Some industries are more affected than others, such as healthcare, financial services, and higher education, where medical records, financial information, and academic records need to be protected for a lifetime. The types of models we run in the bank every day are closely matched to the types of models a quantum computer can consume.”

Optimization 140

Optimization Consulting Machine Learning Testing 140

CIO Business Intelligence

OCTOBER 23, 2023

For example, the Latitude 9440 features recycled, renewable, and low-emissions materials including 75% recycled content in the low-emissions aluminum chassis, 90% post-consumer recycled (PCR) plastics in the battery housing, plus 50% recycled copper in the AC adapter cable. Brought more sustainable innovation to our business notebooks.

Measurement 121

Measurement Reporting Digital Transformation Technology 121

CIO Business Intelligence

APRIL 26, 2024

The information and insights company’s foundation remains ensuring that every consumer is accurately represented in the market. AI models are only as good as the data that’s being fed into them and being used to customize them,” says Arun Chandrasekaran, an AI analyst at Gartner. But following its $3.1 Data has gravity.

Modeling 62

Modeling IT Machine Learning Data Governance 62

CIO Business Intelligence

MAY 16, 2023

SAP is also looking to improve its customer experience tools in other ways, providing industry-specific accelerators to help some enterprises roll the software out faster, and helping online retailers reduce waste by offering tools to support the resale of refurbished or returned products. You also, ideally, want not to have returned goods.”

Sales 112

Sales Software Interactive Enterprise 112

CIO Business Intelligence

APRIL 20, 2023

Retail organizations face an urgent need to accelerate digital transformation efforts in response to economic insecurity, persistent inflation, and growing consumer price sensitivity. As retailers transform, privacy and security of consumer data must remain the top priority. Cloud Computing, Digital Transformation, Retail Industry

Digital Transformation 98

Digital Transformation Manufacturing Data-driven Consulting 98

IBM Big Data Hub

NOVEMBER 8, 2023

The supply chain plays a pivotal role in delivering goods and services to both businesses and consumers, serving as the connective thread between industries, nations, communities and all components of the value chain. Our dependence on supply chains is most pronounced in ensuring food supply.

Cost-Benefit 115

Cost-Benefit Consulting Risk Reporting 115

Smart Data Collective

MARCH 19, 2023

Many different industries are growing due to the proliferation of big data. The dropshipping industry is among them. Paul Glen of IBM’s Business Analytics wrote an article titled “ The Role of Predictive Analytics in the Dropshipping Industry.” These orders are sent to the actual Manufacturer by dropshipper.

Predictive Analytics 127

Predictive Analytics Analytics Manufacturing Advertising 127

Smart Data Collective

JUNE 19, 2022

AI technology has been helpful for businesses in different industries for years. Failure to deliver goods is one of the most common risks businesses have suffered over the past two years. There can be many localized or widespread reasons for a supplier to fail to provide goods or services. Failure or Delay Risk. Quality Risk.

Risk 132

Risk Cost-Benefit Risk Management Manufacturing 132

CIO Business Intelligence

MARCH 10, 2023

The past several years have thrown numerous challenges at consumer packaged goods (CPG) companies. The pandemic has led to shifting consumer channel preferences, a supply chain crunch, and cost pressure, to name just a few. It’s already being widely used, and Ventura feels all industries will need to adapt to it.

Forecasting 104

Forecasting Machine Learning Data Lake Digital Transformation 104

CIO Business Intelligence

FEBRUARY 15, 2024

While 2023 was still a year of trial and error in terms of generative AI, when everyone put together and tried out all kinds of ingredients, 2024 is the year in which German industrial giants such as Siemens, Mercedes-Benz, Bayer, and BASF — will deeply integrate AI technologies into their own services.

Technology 130

Technology Enterprise IT 130

CIO Business Intelligence

SEPTEMBER 20, 2023

With the right insights, we’ll better understand what’s good for the business and what our consumers want. We have a metrics web page that tells us how much data is in the consumer zone, and what can be accessed, and how much is in the raw zone, which is a data repository that needs to be massaged before it goes in the consumer zone.

Data Lake 134

Data Lake Data-driven Dashboards Risk 134