article thumbnail

Sustainability trends: 5 issues to watch in 2024

IBM Big Data Hub

Instead of seeing things as disposable, it encourages the reuse and recycling of products. trillion in economic benefits by 2030. This can be quantified by measuring metrics like tree cover, habitat integrity and number of species, and is guided by sustainable development principles. The smart factories that make up Industry 4.0

article thumbnail

Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

through 2030. More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9%

article thumbnail

Conversational AI use cases for enterprises

IBM Big Data Hub

billion by 2030. The technology’s ability to adapt and learn from interactions further refines customer support metrics, including response time, accuracy of information provided, customer satisfaction and problem-resolution efficiency. Prioritizing tracking metrics accurately measures the success of your implementation.