article thumbnail

Why Investing in Data Is Crucial for Business Growth In 2022

Smart Data Collective

As technology continues to advance data generation across the world, it’s safe to say that investing in data solutions will be crucial to seeing business growth and success in 2022 and beyond. IBM estimates that 90% of all data generated by the Internet of Things (IOT) is not analyzed, or utilized in business decision processes.

article thumbnail

Ferrovial puts AI at the heart of its transformation

CIO Business Intelligence

Since its creation over five years ago, the Digital Hub has included a team of experts in innovation, technologies, and trends — such as IoT, big data, AI, drones, 3D printing, or advances in customer experience — who work in concert with other business units to identify and execute new opportunities.

IT 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE. While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics.

article thumbnail

What is digital transformation? A necessary disruption

CIO Business Intelligence

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.

article thumbnail

Celebrating 40 years of Db2: Running the world’s mission critical workloads

IBM Big Data Hub

Forrester’s 2022 Total Economic Impact Report for Data Management highlights the impact Db2 and the IBM data management portfolio is having for customers: Return on investment (ROI) of 241% and payback <6 months.