Remove 2022 Remove Cost-Benefit Remove Internet of Things Remove Machine Learning
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Sustainability trends: 5 issues to watch in 2024

IBM Big Data Hub

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. Instead of seeing things as disposable, it encourages the reuse and recycling of products. trillion in economic benefits by 2030.

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Understanding the Tremendous Benefits of IoT for Small Businesses

Smart Data Collective

The Internet of Things (IoT) refers to the technology that has made wireless communication possible. Moving further, as the title suggests, we are discussing a few benefits that a business might find useful, especially the one that has low capital or just started. . Easier adaption of the machine learning.

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How the Edge Is Changing Data-First Modernization

CIO Business Intelligence

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. In addition, IDC projections show worldwide spending on edge computing reaching $176 billion in 2022, an increase of 14.8% over last year.

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P&G turns to AI to create digital manufacturing of the future

CIO Business Intelligence

In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. P&G is also piloting the use of IIoT, advanced algorithms, machine learning (ML), and predictive analytics to improve manufacturing efficiencies in the production of paper towels. The power of people.

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Better, faster decisions: Why businesses thrive on real-time data

CIO Business Intelligence

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. Businesses are facing a rapidly evolving set of threats from supply chain constraints, rising fuel costs, and shipping delays.

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Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9% 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.

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The Future is Here and It Is Wireless

CIO Business Intelligence

New and emerging technologies such as artificial intelligence, machine learning and augmented reality depend on fast networks. These new tools depend on data being collected, often using small sensors and other devices – the so-called Internet of Things (IoT). The future is here, and it is increasingly wireless.

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