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MRO spare parts optimization

IBM Big Data Hub

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

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Optimize data layout by bucketing with Amazon Athena and AWS Glue to accelerate downstream queries

AWS Big Data

However, as data volumes continue to grow, optimizing data layout and organization becomes crucial for efficient querying and analysis. AWS Glue allows you to define bucketing parameters, such as the number of buckets and the columns to bucket on, providing an optimized data layout for efficient querying with Athena.

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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. As a starting point, there are a number of tools that utilize data visualization for businesses. How can data help my business?

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What is a data architect? Skills, salaries, and how to become a data framework master

CIO Business Intelligence

The data architect is responsible for visualizing and designing an organization’s enterprise data management framework. Data architects and data engineers work together to visualize and build the enterprise data management framework. In some ways, the data architect is an advanced data engineer.

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12 data science certifications that will pay off

CIO Business Intelligence

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. You should also have experience with pattern detection, experimentation in business optimization techniques, and time-series forecasting.

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Five ways to reduce your public cloud spend with IBM Turbonomic

IBM Big Data Hub

A recent survey 1 found that cloud over-spending was higher in 2022 than in the previous year: 56% of companies surveyed admitted that spending on public cloud was significantly over budget, some by over 20% to 30% of their intended spend. Eliminate cloud waste through optimization Figure 3: IBM Turbonomic cloud cost optimization.

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Ferrovial puts AI at the heart of its transformation

CIO Business Intelligence

Plus, to provide all its businesses with the ability to obtain information in record time, the company has been working with gen AI and LLMs, specifically Azure OpenAI, since December 2022. So projects to analyze huge amounts of data in multiple formats already in production are now considerably more efficient and cost effective.

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