CIO Business Intelligence

JULY 28, 2023

Almost 90% of organizations expect their reliance on third-party edge services to grow in the next two years, largely because internal expertise in IoT platforms, edge-solution design and management is limited. What’s more, edge adopters cite fragmented management of computing, connectivity, and IoT devices as a drawback.

IT 70

IT IoT Reporting Data Architecture 70

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

Strategy 83

Strategy Management Forecasting Cost-Benefit 83

CIO Business Intelligence

SEPTEMBER 7, 2023

Each product team is given a scorecard with metrics around risks, vulnerabilities, observability, and automation levels. Ryan spent much of his career working in the Internet of Things space where he has introduced a number of innovations and holds a patent in real-time evaluations of telematics and IoT machine data.

Scorecard 73

Scorecard Internet of Things Testing IoT 73

Smart Data Collective

MARCH 6, 2022

Business intelligence can help you gain a more accurate perspective on how your business is performing using key performance metrics. Business intelligence requires in-depth data leveraging and analysis using key performance metrics (KPIs). By 2023, 33% of companies will practice decision intelligence.

Business Intelligence 111

Business Intelligence Big Data Internet of Things Optimization 111

IBM Big Data Hub

FEBRUARY 7, 2024

Investors, regulators and stakeholders are increasingly demanding that companies disclose their exposure to climate-related risks , such as dependence on fossil fuels or vulnerability to weather events. The goal is for there to be more nature by 2030 than there is today—which means taking actionable steps in 2024.

Reporting 91

Reporting Internet of Things Cost-Benefit Data-driven 91

DataKitchen

JULY 27, 2023

Diverse Data Sources: In the modern world, data comes from various sources, including traditional databases, IoT devices, cloud services, APIs, and more. How To Deal With The Risk Of Multiple Tools When considering how organizations handle serious risk, you could look to NASA. So go ahead.

Machine Learning 130

Machine Learning Cost-Benefit Data Transformation Testing 130

IBM Big Data Hub

JANUARY 24, 2024

To mitigate and prepare for such risks, penetration testing is a necessary step in finding security vulnerabilities that an attacker might use. Ethical hackers may also provide malware analysis, risk assessment, and other hacking tools and techniques to fix security weaknesses rather than cause harm. What is penetration testing?

Testing 74

Testing Risk Reporting IoT 74

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

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

CIO Business Intelligence

MAY 28, 2022

Here, McGlennon says governing controls, instrumentation, and observability metrics are key. The insurer’s computer vision models may also tap into IoT devices and sensors deployed outside to generate more data for the claim. You have to incubate something, nurture it, give it support,” he said.

Insurance 128

Insurance Machine Learning Digital Transformation Cost-Benefit 128

CIO Business Intelligence

AUGUST 15, 2023

A risk-limiting audit (RLA) is one audit type used for election verification. And it yields multiple business metric improvements, such as limiting surplus inventory. For an in-depth look at this project and how it has evolved, see “ CarMax drives business value with GPT-3.5.”

IT 88

IT Manufacturing IoT Cost-Benefit 88

CIO Business Intelligence

DECEMBER 12, 2022

Regarding complexity, David Linthicum, managing director and chief cloud strategy officer at Deloitte Consulting LLP, comments that “ over the last five years, people have been migrating to the cloud and using more complex distributed deployments, such as multi-cloud, edge computing, IoT, and things like that.”

Software 83

Software Strategy IT Reporting 83

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. It can also significantly increase uptime and lifespan.

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

CIO Business Intelligence

JUNE 30, 2023

All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. Can I also trust the mechanism by which I share that data without exposing myself inappropriately to risk? Most boards of directors are ready to take risks.

Internet of Things 75

Internet of Things Strategy Data Strategy Risk 75

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. What follows are some asset lifecycle management best practices that companies rely on.

Strategy 53

Strategy Management IoT Cost-Benefit 53

IBM Big Data Hub

JUNE 29, 2023

In order to take a proactive approach to asset reliability, maintenance managers rely on two widely used metrics: mean time between failure, (MTBF) and mean time to repair (MTTR). How does asset reliability work? Both KPIs help predict how assets will perform and assist managers in planning preventive and predictive maintenance.

Cost-Benefit 81

Cost-Benefit Measurement Management Predictive Analytics 81

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? Hint: Be ready to explain any increase in this metric. How will the company have improved for your customers once the vision is achieved?

Strategy 92

Strategy IT Cost-Benefit Finance 92

Cloudera

JULY 20, 2021

robots), AR/VR in manufacturing (quality), power grid management, automated retail, IoT, Intelligent call centers – all powered by AI – the list of potential use cases is virtually endless. . Risk models for financial institutions and insurers are exponentially more complicated . Airline schedules and pricing algorithms.

Manufacturing 104

Manufacturing Forecasting IoT Insurance 104

CIO Business Intelligence

MAY 27, 2022

Here, McGlennon says governing controls, instrumentation, and observability metrics are key. The insurer’s computer vision models may also tap into IoT devices and sensors deployed outside to generate more data for the claim. You have to incubate something, nurture it, give it support,” he said.

Insurance 83

Insurance Machine Learning Digital Transformation Cost-Benefit 83

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. Progressing AI based solutions from proof of concept or minimum viable product (MVP) to production.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

CIO Business Intelligence

MAY 11, 2022

In addition, the continued movement of data and processing to the edge through IoT means that businesses are equally dependent on “things.” We are in the age of game-changing digital disruptions; however, we must be equally imaginative and prepared for a wide range of risks. Establish a governance structure. About Lois Boliek .

IoT 73

IoT Digital Transformation Strategy Risk 73

FineReport

APRIL 11, 2023

Free Download of FineReport What is Business Intelligence Dashboard (BI Dashboard)？ A business intelligence dashboard, also known as a BI dashboard, is a tool that presents important business metrics and data points in a visual and analytical format on a single screen.

Dashboards 40

Dashboards Business Intelligence Cost-Benefit Metrics 40

Cloudera

APRIL 7, 2021

These “Internet of Things” (IoT) devices contain sensors that can provide insights into how customers live, work, drive, exercise, sleep, and more. The information transparency means that competition for a customer’s loyalty is fiercer than ever.

Insurance 58

Insurance Digital Transformation Internet of Things IoT 58

IBM Big Data Hub

JULY 12, 2023

Good contingency plans prioritize the risks an organization faces, delegate responsibility to members of the response teams and increase the likelihood that the company will make a full recovery after a negative event. Make a list of risks and prioritize them according to likelihood and severity.

Risk 40

Risk Cost-Benefit Internet of Things Testing 40

IBM Big Data Hub

JUNE 30, 2023

They store large amounts of data that can be analyzed and tracked, with organizations customizing their KPIs and metrics according to their specific needs. EAM can also work with a broader range of other enterprise software, such as financial analysis, supply chain management and procurement, risk and compliance and sustainability.

Management 61

Management Cost-Benefit Enterprise IoT 61

Jet Global

MARCH 6, 2020

by 2025, and 90 ZB of this data will be from IoT devices. What’s the difference between a KPI and a Metric? By analyzing this metric, finance can help teams speed processes and improve costs. . By analyzing this metric, finance can help teams speed processes and improve costs. .

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

Cloudera

JANUARY 14, 2021

This technology allows retailers to measure and respond in real-time to shopper behavior, measure geolocation, traffic, dwell times, and conversion metrics. Cloudera recognizes ten top retail IoT use cases that are transforming brick and mortar stores, as you can see below, and they are transforming all aspects of the retail experience.

Cost-Benefit 70

Cost-Benefit Digital Transformation Sales IoT 70

IBM Big Data Hub

AUGUST 8, 2023

Analyzing asset performance metrics helps optimize maintenance schedules, identify asset improvement opportunities and drive overall operational efficiency. Compliance adherence minimizes legal risks and ensures asset integrity. Asset lifecycle management : Manage assets throughout their entire lifecycle, from acquisition to disposal.

Software 50

Software Enterprise Management Cost-Benefit 50

Cloudera

MAY 22, 2019

Although the program is technically in its seventh year, as the first joint awards program, this year’s Data Impact Awards will span even more use cases, covering even more advances in IoT, data warehouse, machine learning, and more. Award Categories. DATA CHAMPIONS.

Machine Learning 56

Machine Learning Data Architecture IoT Metadata 56

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. Industries harness predictive analytics in different ways.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

AUGUST 9, 2023

Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Now, in 2023, companies are using analytics and intelligence capabilities as well as IoT and edge computing.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

Jet Global

JULY 2, 2019

This is particularly useful when capturing event tracking or IoT data; though the uses of data lakes extend beyond just those scenarios. Ungoverned or uncatalogued data can leave businesses vulnerable both in terms of data quality (and organizational trust in that data), as well as in terms of security, regulatory, and compliance risks.

Data Lake 73

Data Lake Data Warehouse Big Data Machine Learning 73

AWS Big Data

MAY 16, 2023

He has more than 20 years’ experience in the energy and power industries, designing, leading, and building different smart grid projects, such as distributed energy resources, microgrid, AI/ML implementation for resource optimization, IoT smart sensor application for equipment predictive maintenance, EV car and grid integration, and more.

Dashboards 80

Dashboards Statistics Data Collection Business Intelligence 80

Jet Global

MAY 9, 2024

Real-Time Analytics Pipelines : These pipelines process and analyze data in real-time or near-real-time to support decision-making in applications such as fraud detection, monitoring IoT devices, and providing personalized recommendations. Monitoring tools track performance metrics such as latency, throughput, and error rates.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Cloudera

MAY 18, 2021

Operational efficiency and risk reduction by automating most of the manual upgrade and configuration tasks being implemented manually in IaaS deployments. I would like to thank Mike Forrest who helped with the arduous task of collecting AWS and Azure pricing metrics. Technology and infrastructure costs . As an example: .

Cost-Benefit 85

Cost-Benefit Data-driven Machine Learning Data Warehouse 85

AWS Big Data

FEBRUARY 21, 2023

Additionally, scalability of the dimensional model is complex and poses a high risk of data integrity issues. Regardless of the division or use case it is related to, dimensional data models can be used to store data obtained from tracking various processes like patient encounters, provider practice metrics, aftercare surveys, and more.

Data Warehouse 67

Data Warehouse Data Lake Cost-Benefit Modeling 67

Domino Data Lab

MARCH 3, 2019

What metrics are used to evaluate success? That’s most likely a mix of devops, telematics, IoT, process control, and so on, although it has positive connotations for the adoption of reinforcement learning as well. What’s been the impact of using ML models on culture and organization? Who builds their models?

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49