CIO Business Intelligence

DECEMBER 28, 2023

While 2023 brought on many changes to IT departments around the world, by far the biggest surprise was generative AI. A range of priorities But AI wasn’t the only thing on the minds of CIOs in 2023. Most organizations, including Telenor Sweden, continued to move assets to the cloud in 2023. “We

IT 124

IT Manufacturing Machine Learning IoT 124

CIO Business Intelligence

MARCH 6, 2024

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. Security is paramount for the core infrastructure that supports manufacturing and industrial operations.

ROI 121

ROI Manufacturing Cost-Benefit IoT 121

CIO Business Intelligence

NOVEMBER 14, 2023

billion devices reported in 2023. In the first half of 2023, the Zscaler ThreatLabz research team observed approximately 300,000 attempted malware attacks by known IoT threat actors based on data from the world’s largest inline security cloud. Our research showed that manufacturing experienced 54.5%

IoT 126

IoT Enterprise Manufacturing Measurement 126

CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 141

Digital Transformation Unstructured Data Machine Learning Risk Management 141

IBM Big Data Hub

APRIL 22, 2024

“AI is an unbelievable opportunity to address some of the world’s most pressing challenges in health care, manufacturing, climate change and more,” said Christina Shim, IBM’s global head of Sustainability Software and an AI Ethics Board member. In our 2023 Impact Report , we reported that 70.6%

Cost-Benefit 94

Cost-Benefit Modeling Manufacturing Reporting 94

CIO Business Intelligence

JANUARY 11, 2024

The company has served clients in sectors such as technology, business services, healthcare, life sciences and manufacturing. billion in 2023, according to a report from Gartner. A separate report from Zacks Equity Research showed that the company spent $3.4 billion in 2024, up from $563.6

IT 107

IT Consulting Digital Transformation Manufacturing 107

CIO Business Intelligence

APRIL 9, 2024

billion from the sale of its big data and security activities to aircraft manufacturer Airbus fell through in March. It recently reported its full-year results for 2023, after delaying twice to give auditors time to examine an independent business review report and to complete their audit of non-cash goodwill impairment charges.

Forecasting 97

Forecasting Finance Sales Big Data 97

CIO Business Intelligence

FEBRUARY 16, 2024

Herzig now reports directly to CEO Christian Klein, and will oversee the entire value chain for SAP business AI from research and product development through to implementation at the customer. With this new structure, SAP aims to accelerate the pace of its AI development, according to a statement from the software manufacturer.

Manufacturing 133

Manufacturing Software Sales Reporting 133

CIO Business Intelligence

DECEMBER 5, 2023

In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report. Manufacturers also face a lack of skilled employees who can manage these converged environments.

Technology 97

Technology Strategy Manufacturing Digital Transformation 97

CIO Business Intelligence

MARCH 19, 2024

As a result, Atos has postponed — again — the release of its audited financial statement for 2023 while it evaluates its options. It has already delayed publication of the results once to give its auditors additional time to examine an independent business review report and to complete their audit of non-cash goodwill impairment charges.

Manufacturing 97

Manufacturing Uncertainty Big Data Sales 97

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. However, a 2022 report by the World Bank estimated that the global economy could lose up to USD 1.2

Risk 81

Risk Manufacturing Reporting Modeling 81

Cloudera

JANUARY 5, 2023

As more industries mature digitally and widely adopt AI and machine learning technologies, 2023 will be a pivotal year for organizations looking to deploy emerging tech solutions company-wide to fulfill business objectives. This is especially so in industries like telecom, retail, healthcare, manufacturing, insurance, and financial services.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

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 136

Risk Manufacturing Enterprise Technology 136

CIO Business Intelligence

SEPTEMBER 25, 2023

To do so, Nardecchia and his team sought to incorporate “digital threads” into the company’s hardware and thereby expand its business model beyond manufacturing into software-as-a-service. “We In this way, Rockwell has transformed into a partner that accompanies customers throughout the lifecycle of manufacturing, he says.

Modeling 101

Modeling Manufacturing Digital Transformation Cost-Benefit 101

IBM Big Data Hub

OCTOBER 3, 2023

According to a recent study by IBM Security, the 2023 X-Force Threat Intelligence Index established the retail and wholesale industry as the fifth-most targeted industry in 2022, with cybercriminals increasingly looking to exploit the trove of data gathered from the billions of transactions sellers process online.

Manufacturing 84

Manufacturing Sales Reporting Strategy 84

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 97

Manufacturing Forecasting Software Marketing 97

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. The resulting platform was pilot tested for nine months at one P&G plant before being rolled out half of P&G’s Pampers manufacturing plants across the US.

Predictive Analytics 98

Predictive Analytics IoT Manufacturing Analytics 98

CIO Business Intelligence

APRIL 30, 2024

over the 2023-2027 forecast period 1. It’s like having a mini data center right where the action happens.IDC reports worldwide spending on edge computing is expected to reach $232 billion in 2024, an increase of 15.4% over 2023 2. billion in 2027 with a compound annual growth rate (CAGR) of 86.1% Personalization.

Forecasting 94

Forecasting Optimization Advertising IoT 94

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 99

Manufacturing Reporting Interactive Marketing 99

FineReport

APRIL 26, 2023

For example, a computer manufacturing company could develop new models or add features to products that are in high demand. ” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. The most distinct is its reporting capabilities. Top 10 Big Data Tools 1.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

CIO Business Intelligence

AUGUST 14, 2023

The AI fragrance application trimmed years off what had been a lengthy process, based largely on human “hit-and-miss” calculations, enabling the company to manufacture and market new products while demand was at its peak. You can freely access their Innovation Awards pitch deck here.

Key Performance Indicator 95

Key Performance Indicator Sales Manufacturing KPI 95

CIO Business Intelligence

JANUARY 9, 2024

The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI. That’s the question many CIOs are asking, as some report they are now the ones raising points about business needs and business value whenever there’s a demand for an AI solution.

IT 126

IT Risk Cost-Benefit Enterprise 126

CIO Business Intelligence

SEPTEMBER 12, 2023

i] NIS2 was adopted in early 2023 as a response to increasing digitalization and rising cybersecurity threats stemming from the COVID-19 pandemic and the Russia-Ukraine War. Sectors now subject to NIS2 compliance include food production, processing, and distribution; postal and courier services; and manufacturing and digital providers. [ii]

IoT 78

IoT Measurement Manufacturing Finance 78

CIO Business Intelligence

MAY 26, 2023

When Reliance Polyester — a subsidiary of global conglomerate Reliance Industries — completed its acquisition of polyester business Shubhalakshmi Polyesters (SPL) in March 2023, Dr. Amrut Urkude, CIO of SPL, took over as CIO of Reliance Polyester. It is divided into three verticals — business IT, manufacturing IT, and central IT.

Interactive 92

Interactive Manufacturing Cost-Benefit ROI 92

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 96

Sales Digital Transformation Manufacturing Marketing 96

CIO Business Intelligence

DECEMBER 28, 2022

And scope 3 reporting—an account of carbon emissions across the supply chain to build equipment, provide professional expertise, or deliver a subscription service—may be the most rigorous and challenging requirement. And scope 3 reporting for one company depends on scopes 1 and 2 reporting from the next company upstream in the supply chain.

Reporting 108

Reporting Consulting Manufacturing Software 108

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. This equipment is critical to expanding capacity for chip production.

Consulting 70

Consulting Cost-Benefit Manufacturing B2B 70

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 94

Reporting Cost-Benefit Internet of Things Data-driven 94

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 100

IoT Internet of Things Optimization Manufacturing 100

CIO Business Intelligence

DECEMBER 18, 2023

In 2023, leading organizations in the region shifted gears towards DX 2.0, Use cases in areas such as customer service, financial reporting, content marketing, code development and others are being taken up by early adopters. How has the past year changed the landscape for technology leaders? will gain further momentum.

Cost-Benefit 91

Cost-Benefit Risk Strategy Manufacturing 91

CIO Business Intelligence

SEPTEMBER 11, 2023

The economy of Bahrain, an archipelago of islands in the Arabian Gulf, has always been open and diversified, with particular strengths in financial services, manufacturing and logistics. As IDC suggests, the full impact of Bahrain’s long-term digital strategy is likely to become apparent in 2023. Read the full report now.

Digital Transformation 92

Digital Transformation Cost-Benefit Statistics Strategy 92

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 120

Digital Transformation Risk Cost-Benefit Risk Management 120

CIO Business Intelligence

APRIL 20, 2023

billion, for the quarter ending March 31, according to IBM’s earnings report , issued late Thursday. IBM announced in 2021 that it had developed a 2nm chip , and then late last year unveiled a partnership with Rapidus calling for commercial production of 2nm chips, with manufacturing done in Japan. 4%, to $14.3

Consulting 52

Consulting Software IT Manufacturing 52

DataKitchen

MARCH 16, 2023

All you had to do was to write a few bullet points every week in the text for your report for last your boss. Where is your metrics report? What should be in that report about your data team? When data errors corrupt reports and dashboards, it can be extremely uncomfortable for the manager of the data team.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

Smart Data Collective

DECEMBER 15, 2022

It lays out standards for different categories or roles, namely operators, service providers, and component/system manufacturers. However, global security standards such as IEC 62443 compel manufacturers and others involved in the production, deployment, and use of IoT to play a role in addressing the risks and threats.

IoT 99

IoT Internet of Things Manufacturing Risk 99

IBM Big Data Hub

DECEMBER 8, 2023

According to a GMI report , the global software-defined vehicle (SDV) market is expected to achieve a CAGR of 22.1% between 2023 and 2032. On the backend, IBM Connected Vehicle Insight helps manufacturers build their connected vehicle use cases.

Software 71

Software Testing Manufacturing Data-driven 71

CIO Business Intelligence

APRIL 20, 2023

His concerns are backed up by the Intergovernmental Panel on Climate Change (IPCC), which on March 20, 2023, said it’s unlikely the world will keep to its Paris Climate Accord promises. CIOs in organizations already with ESG maturity adopt data management, ESG reporting, and risk tools.

Consulting 91

Consulting Cost-Benefit Insurance Finance 91