Remove 2023 Remove Cost-Benefit Remove Internet of Things Remove Machine Learning
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3 business benefits of stronger security using Zero Trust principles

CIO Business Intelligence

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. The second business benefit is cost savings. The third benefit is the reduction of downtime.

ROI 126
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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems.

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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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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. If we can take the data center with us, we can do all kinds of things that weren’t possible before,” Vilfort explains.

IoT 98
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The future of 5G: What to expect from this transformational technology

IBM Big Data Hub

The number of networks also continues to grow, with many popular Internet Service Providers (ISPs) like Verizon, Google and AT&T, offering 5G connectivity in both homes and businesses. Supply chains As 5G connectivity spreads, supply chains everywhere will benefit from its lightning-fast speeds and increased reliability.

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9 ways IT leaders can impact sustainability initiatives

CIO Business Intelligence

In its Worldwide Sustainability/ESG 2023 Predictions , analyst firm IDC sees digital and sustainability transformations converging. This should not just be a discussion about costs; sustainability should be considered as a business outcome.” This will drive down your cost and have a positive impact on sustainability at the same time.”

IT 131
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What is a managed service provider? Strategic outsourcing for IT services

CIO Business Intelligence

Managed service provider business model Managed service providers structure their business to offer technology services cheaper than what it would cost an enterprise to perform the work itself, at a higher level of quality, and with more flexibility and scalability. Similarly, adding capacity during temporary business surges can be difficult.