Timo Elliott

MAY 17, 2023

This is my personal summary of the Day 2 Customer Success Keynote at the 2023 SAP Sapphire Customer Conference in Orlando, Florida. Their proposed airliner, the world’s fastest, aims to optimize speed, safety, and sustainability. A replay is available on the Virtual Sapphire Platform.

Manufacturing 105

Manufacturing Recreation/Entertainment Technology Strategy 105

CIO Business Intelligence

AUGUST 25, 2023

But when tossing away thousands of diapers damaged during the manufacturing process becomes an everyday occurrence, something has to be done to provide relief for the bottom line. But things go awry and when they do, Proctor & Gamble now employs its Hot Melt Optimization platform to catch snags and get the process back on track.

Predictive Analytics 97

Predictive Analytics IoT Manufacturing Analytics 97

Cloudera

JANUARY 5, 2023

Faced with even more pressure to remain resilient and agile amid looming global economic threats, Asia-Pacific (APAC) region businesses are looking to further mobilize emerging technologies such as artificial intelligence (AI) and machine learning that will optimize operational efficiencies and cost savings. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

OCTOBER 20, 2023

In fact, the number of mainframe workloads is growing , especially now that manufacturers have engineered blades that are ideal for running generative AI. In 2019, half of enterprises surveyed said their number of mainframe workloads had grown; in 2023, 62% said the same 1. Retrieved 27 September 2023. But that hasn’t happened.

Manufacturing 128

Manufacturing Management Enterprise Risk 128

Jet Global

MARCH 20, 2023

The issues finance and operations teams face are twofold: the nature and increasing demands for operational data and analytics, and the fact that tools on hand are not optimized to handle the data or analysis. This data is gleaned from a report from insightsoftware and Hanover Research: The Operational Reporting Global Trends Report.

Operational Reporting 52

Operational Reporting Reporting Uncertainty Finance 52

CIO Business Intelligence

AUGUST 31, 2023

IFS has an eye on the growing number of connected machines in factories, and will add Falkonry’s self-learning Time Series AI Suite, which can help enterprises manage and maintain manufacturing equipment, to its existing enterprise simulation and AI-based scheduling and optimization capabilities. It has raised $13.3

Enterprise 107

Enterprise Management Manufacturing Software 107

IBM Big Data Hub

JUNE 19, 2023

By sourcing materials and labor from countries with lower labor and manufacturing costs, businesses were able to capitalize on the economic boom, produce more goods and services, and minimize their costs. trillion in 2023 because of these disruptions. But this economic growth, coupled with stringent labor laws, drove up labor costs.

Risk 84

Risk Manufacturing Reporting Modeling 84

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Luckily, many are expanding budgets to do so. “94%

Digital Transformation 140

Digital Transformation Unstructured Data Machine Learning Risk Management 140

CIO Business Intelligence

NOVEMBER 20, 2023

Foundry’s 2023 AI Priorities study found interest in a broad range of gen AI use cases, including chatbots and virtual assistants (56%), content generation (55%), industry-specific applications (48%), data augmentation (46%), and personalized recommendations (39%). “Don’t look at gen AI as a hammer looking for a nail,” says Ramamurthy.

Manufacturing 100

Manufacturing Sales Software Strategy 100

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 134

Risk Manufacturing Enterprise Technology 134

CIO Business Intelligence

JULY 18, 2023

It was when Nvidia reported strong results for the three months to April 30, 2023, and forecast that its sales could jump by 50% in the following fiscal quarter, that its stock market valuation soared, catapulting it into the exclusive trillion-dollar club alongside well-known tech giants Alphabet, Amazon, Apple, and Microsoft.

Manufacturing 96

Manufacturing Forecasting Software Marketing 96

IBM Big Data Hub

FEBRUARY 29, 2024

In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. trillion in 2023. They’re using that renewable energy for a wide variety of things, including: Powering operations : In manufacturing, wind energy and solar power are fueling warehouses and factories.

IoT 104

IoT Internet of Things Optimization Manufacturing 104

IBM Big Data Hub

FEBRUARY 19, 2024

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. Access the Food Trust ebook Building strong partnerships Strong relationships are a key part of any business strategy.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

CIO Business Intelligence

JUNE 30, 2023

Most organizations know that they can leverage data insights to identify new opportunities, optimize processes, and improve customer experiences. Using data to drive decisions is clearly the ultimate goal of a strategy-driven approach to data.

Internet of Things 82

Internet of Things Strategy Data Strategy Risk 82

IBM Big Data Hub

MARCH 8, 2024

Policies driving development At 2023’s United Nation’s Climate Change Conference (COP28), governments set a goal to triple global renewables power capacity by 2030. Solar power In 2023, solar photovoltaic energy made up three-quarters of renewable capacity additions around the world, according to the IEA.

Forecasting 74

Forecasting Manufacturing Measurement Finance 74

FineReport

APRIL 13, 2023

In this article, we will introduce you to the 10 best data visualization tools you should know in 2023. With the Sisense API, developers can build analytics apps using any type of dataset, which is particularly beneficial for larger corporations in industries such as healthcare and manufacturing. What Is Data Visualization?

Visualization 52

Visualization Dashboards Interactive Reporting 52

CIO Business Intelligence

DECEMBER 6, 2023

In a 2023 Freshworks Benchmark Report , 42.7% Supply chain efficiencies: With the complexity of today’s supply chains, manufacturers who rely on something like a product going viral on social, risk losing out on explosive customer demand. Faster resolution times can save retailers time and costs.

Manufacturing 98

Manufacturing Reporting Interactive Marketing 98

IBM Big Data Hub

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. The purpose of BPR is to streamline workflows , eliminate unnecessary steps and improve resource utilization.

Cost-Benefit 62

Cost-Benefit Finance Optimization Key Performance Indicator 62

IBM Big Data Hub

FEBRUARY 13, 2024

Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

IBM Big Data Hub

DECEMBER 8, 2023

between 2023 and 2032. A close-up of the SDV architecture The infrastructure layer This layer includes not only the vehicle but also the telco equipment, roadside units, smart city systems and similar components, as well as various backend systems of the original equipment manufacturers (OEMs).

Software 74

Software Testing Manufacturing Data-driven 74

CIO Business Intelligence

NOVEMBER 20, 2023

International beverage company produces more than 30 million cases a year Since the 1960s, Frucor Suntory has evolved from a small, local fruit juice business into a significant international beverages company that produces more than 30 million cases of drinks each year at its New Zealand-based manufacturing plant. Digital Transformation

Sales 95

Sales Digital Transformation Manufacturing Marketing 95

CIO Business Intelligence

MARCH 11, 2024

2023 was a challenging year, to say the least, for our industry – and software/SaaS vendors were hit particularly hard. A manufacturing company might need a solution that can help them improve efficiency, reduce waste, and stay competitive in the global marketplace. Here are three key reasons: 1.

Manufacturing 80

Manufacturing Cost-Benefit Finance Marketing 80

CIO Business Intelligence

JANUARY 22, 2024

Some of the most at-risk industries include several critical infrastructure sectors such as: Healthcare Utilities and energy Manufacturing Education State/national governments The growing trend of targeting critical infrastructure is concerning, as we’ve seen attacks like SolarWinds have devastating impacts.

Digital Transformation 119

Digital Transformation Risk Cost-Benefit Risk Management 119

Octopai

AUGUST 8, 2023

Battle Creek, Michigan — July 18, 2023 — Octopai, a global leader in data lineage and business intelligence automation, and Demand Chain AI, a pioneer in AI-driven demand forecasting and supply chain optimization, have today announced a strategic partnership.

Digital Transformation 52

Digital Transformation Metadata Forecasting Data-driven 52

CIO Business Intelligence

JULY 7, 2023

Manufacturing organizations are focusing on computer vision for quality control and industrial automation applications like quality inspection, enhancing the efficiency of production processes, and improving workplace safety through real-time monitoring in hazardous areas.

Manufacturing 100

Manufacturing Enterprise Strategy Marketing 100

IBM Big Data Hub

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1. Optimize your maintenance inventory.

Consulting 72

Consulting Cost-Benefit Manufacturing B2B 72

CIO Business Intelligence

JULY 26, 2023

Suppose you have an international apparel company that manufactures and sells shirts. Following common industry practice, you have the shirt manufactured in one country. The raw materials for manufacturing come from another country. But let’s focus on just one shirt to start. Check out Deloitte’s Innovation Awards pitch deck.

Manufacturing 52

Manufacturing Digital Transformation Consulting Risk 52

CIO Business Intelligence

APRIL 20, 2023

GlobalFoundries lawsuit On the same day IBM posted its first quarter 2023 financial results, chip manufacturer GlobalFoundries announced it was launching a lawsuit against the company, accusing it of unlawfully sharing confidential intellectual property and trade secrets with Japanese chip maker Rapidus.

Consulting 52

Consulting Software IT Manufacturing 52

CIO Business Intelligence

AUGUST 7, 2023

HPE’s customer-centric approach and longstanding and successful partnership earned the company the Worldwide VMware Partner of the Year in the 2023 VMware Partner Achievement Awards. Accelerating digitization For a European manufacturer Companies in all industries face the challenge of digital transformation to serve their customers better.

Digital Transformation 91

Digital Transformation Manufacturing Enterprise Strategy 91

CIO Business Intelligence

MAY 8, 2023

US multinational Dow Chemical was working with a pulp and paper manufacturer to improve inefficiencies in its chemical process with a goal of producing a better, safer pulp yield. With several million compounds to choose from, chemists often must resort to intuition when trying to solve complex problems around chemical processes.

Manufacturing 69

Manufacturing Experimentation Digital Transformation Technology 69

IBM Big Data Hub

FEBRUARY 7, 2024

As companies consider their climate impact in the coming year, several tools and capabilities can help guide key sustainability goals: Artificial intelligence : AI can help optimize energy consumption, reduce emissions and support decision-making processes in sustainability strategy development. The smart factories that make up Industry 4.0

Reporting 98

Reporting Cost-Benefit Internet of Things Data-driven 98

CIO Business Intelligence

FEBRUARY 17, 2023

Tokyo-based printer manufacturer Konica Minolta, for instance, is seeing a jump in business that its US subsidiary CIO cannot quantify now but is confident will show in future earnings. The connected office of the future Lee, formerly an IT exec at GE for 21 years, says Konica Minolta is celebrating its 150th year in business in 2023.

Digital Transformation 105

Digital Transformation IoT Manufacturing Sales 105

AWS Big Data

NOVEMBER 15, 2023

Bayerische Motoren Werke AG (BMW) is a motor vehicle manufacturer headquartered in Germany with 149,475 employees worldwide and the profit before tax in the financial year 2022 was € 23.5 BMW Group is one of the world’s leading premium manufacturers of automobiles and motorcycles, also providing premium financial and mobility services.

Dashboards 94

Dashboards Analytics Metadata Data Warehouse 94

CIO Business Intelligence

JUNE 22, 2023

Here are the 10 industries with the highest tech salaries, and how much they’ve increased in value since 2021, according to the 2023 Dice Tech Salary Report. Other relevant roles include security professionals, project managers, UX/UI designers, product managers, data analysts, and business analysts.

IT 118

IT Insurance Recreation/Entertainment Consulting 118

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. To effectively address this priority, organizations must focus on developing and executing comprehensive strategies that encompass several key aspects, such as data classification, security, and resource optimization.”

Cost-Benefit 134

Cost-Benefit Digital Transformation Consulting Strategy 134

IBM Big Data Hub

APRIL 18, 2024

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. AGI wouldn’t just perceive its surroundings; it would understand them.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

CIO Business Intelligence

AUGUST 7, 2023

According to the 2023 State of the CIO research , 85% of IT leaders have come to view the CIO role through the lens of changemaker — a vantage point not likely to shift as the role becomes more digital and innovation focused. When the manufacturing plant started the program, they had a multi-day retreat, which I personally attended.

IT 85

IT Sales Manufacturing Cost-Benefit 85