article thumbnail

Making OT-IT integration a reality with new data architectures and generative AI

CIO Business Intelligence

Data remains siloed in facilities, departments, and systems –and between IT and OT networks (according to a report by The Manufacturer , just 23% of businesses have achieved more than a basic level of IT and OT convergence). Denso uses AI to verify the structuring of unstructured data from across its organisation.

article thumbnail

Impressive Ways that AI Improves Business Analytics Insights

Smart Data Collective

trillion on AI by 2030 ? With the growth of business data, it is no longer surprising that AI has penetrated data analytics and business insight tools. As unstructured data comes from different sources and is stored in various locations. Did you know that global companies are projected to spend nearly $1.6

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

How digital humans can make healthcare technology more patient-centric

CIO Business Intelligence

For nursing staff alone, the International Centre on Nurse Migration projects a 13 million shortage by 2030, an increase from 6 million pre-pandemic. And the World Health Organization (WHO) predicts that, by 2030, there will be a 15 million shortfall in healthcare workers. Large Language Models (LLMs).

article thumbnail

What is a data scientist? A key data analytics role and a lucrative career

CIO Business Intelligence

What is a data scientist? Data scientists are analytical data experts who use data science to discover insights from massive amounts of structured and unstructured data to help shape or meet specific business needs and goals. Data scientist salary. Semi-structured data falls between the two.

article thumbnail

Differentiating Between Data Lakes and Data Warehouses

Smart Data Collective

The market for data warehouses is booming. billion by 2030. While there is a lot of discussion about the merits of data warehouses, not enough discussion centers around data lakes. We talked about enterprise data warehouses in the past, so let’s contrast them with data lakes.

Data Lake 106
article thumbnail

Boost Your Business Performance with Artificial Intelligence [AI].

Data Insight

trillion in 2030*. For example, looking at groups of data to compare certain metrics and then taking action or highlighting insights to employees, or searching a large breadth of data to find new perspectives on business challenges. The potential contribution to the global economy from AI could be $15.7

article thumbnail

Reliable and efficient data storage infrastructure is key to overcoming the challenges of the Yottabyte Age

CIO Business Intelligence

Data volumes continue to grow, making it increasingly difficult to deal with the explosive growth. Huawei predicts that by 2030, the total data generated worldwide will exceed one YB, equivalent to 2 80 bytes or a quadrillion gigabytes. Nowadays, 80% of data is unstructured data, with a compound annual growth rate (CAGR) of 38%.