CIO Business Intelligence

JUNE 1, 2022

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 billion by 2030. A Competitive Differentiator.

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

CIO Business Intelligence

JUNE 1, 2022

Cloud adoption has been a top CIO priority, accelerated by the pandemic as organizations speed up their digital transformation initiatives. trillion by 2025. More than operational efficiency gains, cloud is at the center of digital transformation. IDC forecasted worldwide “whole cloud” spending will surpass US$1.3

Digital Transformation 98

Digital Transformation Business Objectives Cost-Benefit IoT 98

CIO Business Intelligence

JANUARY 23, 2023

A quarter of the respondents say they are now extending the digital-first strategies developed during the pandemic. The Middle East is on the edge of a massive digital disruption. GCC countries are increasingly looking to invest in Digital. over the next 10 years, and the strategy is already bearing fruit.

IoT 111

IoT Strategy Cost-Benefit Digital Transformation 111

CIO Business Intelligence

NOVEMBER 21, 2023

Moreover, I am able to contribute towards driving innovation and fostering collaboration within the DAF, while assisting with the implementation and optimization of AI-based solutions. Identifying critical use cases and scenarios that can benefit from the application of AI and developing and implementing AI solutions to address these areas.

Strategy 119

Strategy Machine Learning Technology Data-driven 119

Ontotext

SEPTEMBER 24, 2020

Both of these examples are only a quick glimpse into the world of digital twins – a world that, according to recent estimates will grow at a quick pace with the digital twin market estimated to grow from $3.8 billion by 2025. What Are Digital Twins and What Is So Attractive About Building One? In a world of 2.5

IT 59

IT Digital Transformation Manufacturing Modeling 59

Cloudera

SEPTEMBER 18, 2020

Physical retail stores – Expect retailers to optimize space allocations moving away from a reactive to a more proactive supply chain design approach rooted in deep, layered real-time data that supports sophisticated decision making. Brent Biddulph: . Long term impact on retailers. The inventory distortion gap.

Manufacturing 85

Manufacturing IoT Forecasting Machine Learning 85

Jen Stirrup

MAY 5, 2022

A study by Intel showed that, by 2025, an estimated 70% of the workforce will be working remotely at least five days a month [1]. A company’s digital transformation strategy is also its innovation strategy. Learning workers need the right tools to support innovation in a more comprehensive digital transformation strategy.

Strategy 40

Strategy Digital Transformation Data-driven Cost-Benefit 40

CIO Business Intelligence

JULY 11, 2022

Digital transformation goes well beyond reducing physical assets to bits. Digital transformation leverages software to re-invent the entire LBGUPS (Learn, Buy, Get, Use, Pay & Support) business value chain. What’s fueling accelerated digital transformation? Cloud and edge computing.

Digital Transformation 111

Digital Transformation Cost-Benefit Software IoT 111

Cloudera

JANUARY 17, 2021

s digital transformation of the manufacturing industry, which in itself is pretty remarkable. By 2025, Industry 4.0 By 2025, Industry 4.0 The last two years have seen remarkable acceleration of digital transformation in a whole host of segments. The Digital Experience Benefits.

Digital Transformation 66

Digital Transformation Cost-Benefit Manufacturing Sales 66

CIO Business Intelligence

DECEMBER 6, 2023

Often, tech vendors act as an extended workforce, providing manpower and technological expertise for their client’s digital transformation journey. An IDC report estimated the global IT developer shortage will reach four million by 2025, leaving businesses struggling to accelerate digital transformation without the needed workforce.

Digital Transformation 116

Digital Transformation Software Cost-Benefit Manufacturing 116

IBM Big Data Hub

MAY 25, 2023

You’re responsible for optimizing spend, operational efficiency and incorporating new and innovative technologies. In this blog post, we will examine traditional IT operation problems through the lens of data-driven automation and the benefits of AIOps. But are your tools slowing you down?

Cost-Benefit 77

Cost-Benefit Digital Transformation Optimization Data-driven 77

IBM Big Data Hub

FEBRUARY 6, 2024

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. What do private cloud, public cloud and hybrid cloud have in common?

Cost-Benefit 109

Cost-Benefit Digital Transformation Software Modeling 109

CIO Business Intelligence

MAY 28, 2022

The benefits? Drive cost efficiencies and make headway on meeting corporate environmental, social, and governance (ESG) targets, for starters. It may not drive them to many new behaviors, but it gives them additional support for initiatives that have sustainability benefits as well, such as power and thermal monitoring.”.

Cost-Benefit 103

Cost-Benefit Optimization Metrics Measurement 103

IBM Big Data Hub

OCTOBER 20, 2023

.” When observing its potential impact within industry, McKinsey Global Institute estimates that in just the manufacturing sector, emerging technologies that use AI will by 2025 add as much as USD 3.7 This unified experience optimizes the process of developing and deploying ML models by streamlining workflows for increased efficiency.

Machine Learning 79

Machine Learning Manufacturing Cost-Benefit Deep Learning 79

CIO Business Intelligence

MAY 26, 2022

The benefits? Drive cost efficiencies and make headway on meeting corporate environmental, social, and governance (ESG) targets, for starters. It may not drive them to many new behaviors, but it gives them additional support for initiatives that have sustainability benefits as well, such as power and thermal monitoring.”.

Cost-Benefit 97

Cost-Benefit Optimization Metrics Measurement 97

Jet Global

MARCH 6, 2020

by 2025, and 90 ZB of this data will be from IoT devices. In fact, according to a recent survey , two-thirds of manufacturing leaders indicated they had not maximized the potential benefits of analytics for operational insights and decision making. . Increasing this number reduces scrap and rework costs. . Mind the Gap.

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

CIO Business Intelligence

JUNE 29, 2022

As cloud adoption has continued to rise in recent years in response to businesses’ need for agility, cost savings, innovation, and digital transformation, organizations are faced with new challenges and opportunities that impact business operations. And that is because there are many factors that go into cloud costs.

Cost-Benefit 97

Cost-Benefit Data-driven Digital Transformation Manufacturing 97

Cloudera

MAY 3, 2021

While brick-and-mortar retail was crushed a year ago with mandated store closures, digital commerce retailers realized ten years of digital sales penetration in only three months. trillion in value by 2025.”, Benefits of Streaming Data for Business Owners. In 2020, a McKinsey study reported that “Industry 4.0 Why is this?

Cost-Benefit 102

Cost-Benefit Digital Transformation Data Lake Enterprise 102

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. See Roadmap for Data Literacy and Data-Driven Business Transformation: A Gartner Trend Insight Report and also The Future of Data and Analytics: Reengineering the Decision, 2025. Great idea. Do you play SimCity?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52