Remove 2022 Remove Forecasting Remove Manufacturing Remove Optimization
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MRO spare parts optimization

IBM Big Data Hub

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0 What’s at stake?

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What is predictive analytics? Transforming data into future insights

CIO Business Intelligence

With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future. billion in 2022, according to a research study published by The Insight Partners in August 2022. from 2022 to 2028.

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Oracle Cloud SCM gets new capabilities to help manage logistics

CIO Business Intelligence

Oracle is adding new capabilities to its Supply Chain and Manufacturing (SCM) Fusion Cloud to help enterprises manage their logistics. Gartner forecasts that enterprise spend on supply chain execution (SCE) software will rise to $8.8 billion, according to the Gartner forecast made in late 2022. billion in 2021.

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How BRP Fueled Its Digital Planning Engine in the Cloud

CIO Business Intelligence

It’s an impressive achievement to manufacture seven product lines in six plants spanning four regions with around 20,000 employees serving 120 countries and approximately 3,250 dealers. But with this string of successes came the formidable dilemma of managing and forecasting production of its products across a global manufacturing empire.

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Renewable energy trends and developments powering a cleaner future

IBM Big Data Hub

Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. The expansion of the solar PV supply chain is enabling the manufacturing necessary to meet the demands of the growing industry. And by 2028, 68 countries will boast renewables as their main source of power.

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Nvidia speeds AI, climate modeling

CIO Business Intelligence

Digital twins, numerical models that reflect changes in real-world objects useful in design, manufacturing, and service creation, vary in their level of detail. At GTC 2022, the company announced new tools for building digital twins for scientific and engineering applications. Seeing double.

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New CIO appointments in India, 2022

CIO Business Intelligence

March 2022. February 2022. Pujari has over 25 years of experience across sectors including BFSI, manufacturing, consulting, publishing, airlines, and healthcare. January 2022. He brings expertise in developing IT strategy, digital transformation, AI engineering, process optimization and operations. December 2021.