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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

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 Just starting out with analytics? Just starting out with analytics? billion by 2030.

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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. 2] In this arena, desktop virtualization and cloud technologies will play starring roles. 2] In this arena, desktop virtualization and cloud technologies will play starring roles.

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How MLOps Is Helping Overcome Machine Learning’s Biggest Challenges

CIO Business Intelligence

And a survey conducted by ESG found, “62% of organizations plan to increase their year-over-year spend on AI, including investments in people, process, and technology.”. The market researchers at Gartner say that “Only half of AI projects make it from pilot into production, and those that do take an average of nine months to do so.”.

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What’s New and What’s Next in 2023 for HPC

CIO Business Intelligence

As more organizations rely on HPC to speed time to results, especially for their data-intensive applications, the $40B market [1] faces challenges and opportunities. Fortunately, the HPC community is both collaborative and transparent in our work to apply and advance supercomputing technologies.

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Making Remarkable Energy Grids a Reality

CIO Business Intelligence

Many industries already benefit from the transformative power of advanced digitalization. We’re bringing to market a range of use cases from intelligent metering to connected workers, digital substations and more that shift in this direction. Just starting out with analytics? Just starting out with analytics?

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Data Analytics Contributes to the Abrupt Rise of Clean Energy Investment

Smart Data Collective

Big data technology has become a major disrupting factor in the energy industry. Many energy conglomerates have started embracing data analytics to expand their markets, respond to new trends, streamline operations and bolster efficiency. As we stated before, it has led to a sudden surge in new renewable energy technology.