datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

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 It can also hamper scaling of ML processes, making results harder to reproduce and risking errors due to incorrect or incomplete data.

Machine Learning 81

Machine Learning Manufacturing Cost-Benefit Deep Learning 81

Andrew White

JANUARY 11, 2021

But we also know not all data is equal, and not all data is equally valuable. Some data is more a risk than valuable. Additionally, the value of data may change, and our own personal judgement of the the same data and its value may differ. Risk Management (most likely within context of governance).

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52