Remove 2030 Remove Cost-Benefit Remove Optimization Remove Risk
article thumbnail

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. trillion in economic benefits by 2030. The goal is for there to be more nature by 2030 than there is today—which means taking actionable steps in 2024.

article thumbnail

AI Is Changing the Automotive Industry Forever

Smart Data Collective

However, we have quickly realized that ChatGPT has benefits that go well beyond writing more efficiently. A couple of weeks ago, General Motors started testing the benefits of ChatGPT in its products. billion last year , but it is projected to be worth nearly $20 billion by 2030. AI has a significant advantage in manufacturing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Graph Analytics is Helping Improve Personalized Healthcare

CIO Business Intelligence

When the world’s largest healthcare company by revenue went looking for a technology solution that could improve quality of care while reducing costs, the search took ten years. A testament to its potential, the market for graph technology is projected to reach $11.25B by 2030. [1] 1] Graph technology isn’t new. IT Leadership.

article thumbnail

AI this Earth Day: Top opportunities to advance sustainability initiatives

IBM Big Data Hub

We use to collect data from 6,500+ utility bills we receive globally each year and summarize total energy consumption, cost, and renewable electricity purchases across to save many hours of calculations. This will help advance progress by optimizing resources used.

IoT 84
article thumbnail

Getting ready for artificial general intelligence with examples

IBM Big Data Hub

Regardless, given the wide range of predictions for AGI’s arrival, anywhere from 2030 to 2050 and beyond, it’s crucial to manage expectations and begin by using the value of current AI applications. While cost wasn’t the primary driver, it reflects a growing belief that the value generated by gen AI outweighs the price tag.

article thumbnail

The Technology Enabling Successful Hybrid Workforce Transformation

CIO Business Intelligence

Companies benefit by keeping or acquiring geographically-dispersed top talent often attracted to a flexible work environment. Notably, businesses are adopting virtual desktop infrastructure (VDI) as a way to keep data secure, teams collaborative, and staff productive while reducing costs.

article thumbnail

Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

through 2030. Using EAM data to implement predictive and preventive maintenance programs helps oil and gas companies take a more proactive approach to asset maintenance, reducing unexpected downtime and minimizing costs associated with emergency repairs. equipment, machinery and infrastructure).