IBM Big Data Hub

MARCH 20, 2024

In the business sphere, both large enterprises and small startups depend on public cloud computing models to provide the flexibility, cost-effectiveness and scalability needed to fuel business growth. artificial intelligence (AI) , edge computing, the Internet of Things (IoT) ). trillion in 2027.

Internet of Things 90

Internet of Things Cost-Benefit Data Processing IoT 90

CIO Business Intelligence

JANUARY 9, 2023

They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] It’s bringing advanced analytics and AI capabilities where they’re needed most – the edge. These scenarios are not imaginary.

IoT 120

IoT Internet of Things Cost-Benefit Digital Transformation 120

Smart Data Collective

APRIL 24, 2019

If you represent a manufacturing concern and you’re wondering about the benefits of capturing and analyzing operational data , you’ve come to the right place. Investing in analytics isn’t something to take lightly, but companies that do it well can set themselves up for success they didn’t even know was attainable.

Analytics 98

Analytics Manufacturing Cost-Benefit Internet of Things 98

CIO Business Intelligence

JANUARY 24, 2024

Building a successful data strategy at scale goes beyond collecting and analyzing data,” says Ryan Swann, chief data analytics officer at financial services firm Vanguard. One of the keys to benefiting from unstructured data is to define clear objectives, Miller says. What are the goals for leveraging unstructured data?”

Data Strategy 130

Data Strategy Strategy Unstructured Data Data Governance 130

IBM Big Data Hub

MAY 31, 2023

Understanding and planning for when your equipment is likely to fail can drive greater efficiency in production operations, but how do you decide which strategy is the most cost-effective one for you? It is suited to low-cost, non-critical assets that don’t pose safety or operational risks if a run-to-failure strategy is deployed.

Cost-Benefit 89

Cost-Benefit Strategy IoT Internet of Things 89

IBM Big Data Hub

JUNE 29, 2023

Digitalization has had a profound impact on the manufacturing sector, enabling businesses to optimize processes, improve quality and reduce costs. It integrates advanced technologies—like the Internet of Things (IoT), artificial intelligence (AI) and cloud computing —into an organization’s existing manufacturing processes.

Manufacturing 55

Manufacturing Internet of Things Cost-Benefit Digital Transformation 55

Smart Data Collective

JULY 2, 2019

Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field. We have heard experts all over the world talk about the benefits of big data in renewable energy. One expert from Spain that is working on new data analytics solutions for renewable energy is named Aristotle.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

CIO Business Intelligence

MARCH 30, 2022

Emerging technologies such as artificial intelligence (AI), machine learning (ML), augmented reality (AR), the Internet of Things (IoT) and quantum computing can help organizations scale on demand, improve resiliency, minimize infrastructure investments and deploy solutions rapidly and securely. Collaborate Early and Often.

Technology 82

Technology Internet of Things ROI IoT 82

Smart Data Collective

SEPTEMBER 11, 2020

Savvy technology evangelists recognize the importance of AI in the 21 st Century, especially as Internet technology continues to evolve. An article in CISCOMAG talks about the benefits of using AI in improving network security. Internet of Things. Internet of Things is a critical tool for businesses.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

IBM Big Data Hub

JANUARY 15, 2024

A recent study found that McKinsey research shows that organizations that “launched some flavor of digital transformation,” have only experienced a third of the expected revenue benefits on average. Trend: Cybersecurity By virtue of moving many services online, organizations are at greater risk of digital attacks.

Digital Transformation 70

Digital Transformation Internet of Things IoT Consulting 70

Smart Data Collective

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. Reduced Costs and Downtime. It is an Internet of Things (IoT) platform that promotes the creation of a digital representation of real places, people, things, and business processes. Convenience all the way!

Cost-Benefit 137

Cost-Benefit IoT Internet of Things Data-driven 137

BizAcuity

NOVEMBER 22, 2022

This typically requires a data warehouse for analytics needs that is able to ingest and handle real time data of huge volumes. and without that, you run the risk of querying outdated values and returning irrelevant analytics. This is too slow for certain types of analytics, especially when near real-time is required.

Data Warehouse 98

Data Warehouse Cost-Benefit Data Lake Internet of Things 98

IBM Big Data Hub

JUNE 20, 2023

The following are the six stages of asset lifecycle management: Planning: In the first stage of the asset lifecycle, stakeholders assess the need for the asset, its projected value to the organization and its overall cost. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 71

Strategy Management Cost-Benefit IoT 71

IBM Big Data Hub

APRIL 22, 2024

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. Our approach includes applying AI, Internet of Things (IoT), and advanced data and automation solutions to empower this transition.

IoT 78

IoT Internet of Things Cost-Benefit Reporting 78

IBM Big Data Hub

JULY 27, 2023

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. It can also significantly increase uptime and lifespan.

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

IBM Big Data Hub

JUNE 29, 2023

Here, we will compare digital twins and digital threads, and discuss potential use cases and benefits. Digital twin technology uses Industrial Internet of Things (IIoT) sensors, machine learning and simulation software to collect product data and generate accurate models. What are digital twins?

Internet of Things 54

Internet of Things Manufacturing Digital Transformation Optimization 54

IBM Big Data Hub

AUGUST 11, 2023

Gathering data from machines, sensors, operators and other Industrial Internet of Things (IIoT) devices, they provide accurate and up-to-date insights into the status of production activities. Proper planning and preparation will contribute to a successful MES implementation and maximize its benefits for your organization.

Software 68

Software Manufacturing Cost-Benefit ROI 68

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. Smart manufacturing at scale is a challenge.

Manufacturing 142

Manufacturing Digital Transformation IoT Internet of Things 142

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CIO Business Intelligence

APRIL 6, 2022

The first wave of edge computing: Internet of Things (IoT). For most industries, the idea of the edge has been tightly associated with the first wave of the Internet of Things (IoT). In addition, retrofitting existing equipment with sensors was often cost prohibitive. Today: Real-time edge analytics.

IoT 85

IoT Internet of Things Data-driven Manufacturing 85

CIO Business Intelligence

SEPTEMBER 8, 2022

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. Businesses are facing a rapidly evolving set of threats from supply chain constraints, rising fuel costs, and shipping delays.

Cost-Benefit 101

Cost-Benefit Internet of Things Data-driven Data Lake 101

IBM Big Data Hub

JUNE 30, 2023

Machinery, equipment, facilities and vehicles provide economic value or benefit operations. Organizations can’t work effectively if they don’t invest to keep their assets running cost-effectively throughout their lifecycle. Most organizations can’t run without physical assets. Let’s explore these in more depth.

Management 60

Management Cost-Benefit Enterprise IoT 60

BizAcuity

APRIL 1, 2023

This typically requires a data warehouse for analytics needs that is able to ingest and handle real time data of huge volumes. and without that, you run the risk of querying outdated values and returning irrelevant analytics. This is too slow for certain types of analytics, especially when near real-time is required.

Data Warehouse 52

Data Warehouse Cost-Benefit Data Lake Internet of Things 52

IBM Big Data Hub

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. What is a digital twin?

Technology 53

Technology Cost-Benefit Optimization Internet of Things 53

Cloudera

AUGUST 18, 2021

In digital transformation projects, it’s easy to imagine the benefits of cloud, hybrid, artificial intelligence (AI), and machine learning (ML) models. The addition of doctor’s notes to the ML models,” says Dr. Bala Hota, Rush chief analytics officer, “doubled the accuracy of the models to provide best care and seek best outcomes.”.

Data Lake 88

Data Lake IoT Internet of Things Data-driven 88

IBM Big Data Hub

AUGUST 30, 2023

IBM Maximo Application Suite (MAS), the next generation of IBM Maximo, delivers a better user experience, faster integration, robust AI analytics and a broad range of cloud deployment options. And lastly, with IBM MAS SaaS on AWS, customers can benefit from the latest features through a predefined update schedule.

Data Processing 67

Data Processing Cost-Benefit Internet of Things Enterprise 67

IBM Big Data Hub

AUGUST 8, 2023

Whatever the case, large organizations can benefit from enterprise asset management (EAM) software to manage all the physical stuff the company owns. EAM systems are a combination of advanced analytics, management tools and services that work together to maintain (or control) the performance of operational assets.

Software 50

Software Enterprise Management Cost-Benefit 50

IBM Big Data Hub

JULY 12, 2023

Good contingency plans prioritize the risks an organization faces, delegate responsibility to members of the response teams and increase the likelihood that the company will make a full recovery after a negative event. Make a list of risks and prioritize them according to likelihood and severity.

Risk 40

Risk Cost-Benefit Internet of Things Testing 40

IBM Big Data Hub

JULY 5, 2023

Planning In the first stage of the asset lifecycle, stakeholders assess the need for a new asset, its projected value to the organization and its overall cost. At this point, it’s important to weigh the depreciation of the asset against the rising cost of maintaining it. The four stages of ALM 1.

Strategy 53

Strategy Management IoT Cost-Benefit 53

Cloudera

AUGUST 22, 2021

It seems like there’s always something new to look out for every day, be it new use cases, technology or ways that organizations can benefit. This makes it tougher to understand the app dependencies and accurately assess for feasibility, costs, implementation and ultimately generate ROI. Cloud is ultimately just a vehicle.

Cost-Benefit 104

Cost-Benefit Strategy IoT ROI 104

Sisense

JANUARY 13, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. Manufacturing constantly seeks ways to increase efficiency, reduce costs, and unlock productivity and profitability. Modern factories are full of machines, sensors, and devices that make up the Internet of Things.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

Cloudera

SEPTEMBER 5, 2018

While the Internet of Things (IoT) represents a significant opportunity, IoT architectures are often rigid, complex to implement, costly, and create a multitude of challenges for organizations. Its built-in security features enable analytics from the edge to the cloud. . Key components of the end-to-end architecture.

IoT 47

IoT Machine Learning Internet of Things Cost-Benefit 47

BizAcuity

MARCH 1, 2019

There is a coherent overlap between the Internet of Things and Artificial Intelligence. Evolution of Internet of Things. to make better decisions and risk assessments. The Internet of Things is only getting smarter. This is AI/ML aspect of the work. Future of IoT is AI.

IoT 56

IoT Internet of Things Big Data Data-driven 56

Cloudera

DECEMBER 18, 2018

Defining these is, therefore, a crucial element, and Cloudera is now taking part in just that for the biggest revolution we’ve seen in business and society: the Internet of Things (IoT). The good thing about standards is that there are so many to choose from” – Andrew S. Standards for IoT.

IoT 43

IoT Internet of Things Machine Learning Insurance 43

Cloudera

JANUARY 22, 2019

What are the Benefits of Big Data Fabric? Big Data Fabric supports a variety of use cases ranging from real-time insights and machine learning to streaming and advanced analytics. Four key benefits of the Cloudera Enterprise Platform as a Big Data Fabric are described in the following paragraphs. High-value Analytics.

Big Data 44

Big Data Data Lake Internet of Things Enterprise 44

Cloudera

AUGUST 6, 2018

Whether we like it or not, this Internet of Things is the new reality. Data analytics and machine learning can help organizations to automate tasks in areas like fundraising or program management, among others, and thus free up needed time and money for other activities. For example, the Michael J.

Machine Learning 50

Machine Learning Internet of Things Cost-Benefit Data-driven 50

Cloudera

OCTOBER 3, 2018

The opportunity has only grown with the advent of practical Internet of Things applications. Our partners will benefit from a single standard to build on, and a larger company with more customers to work with. The tremendous growth in both unstructured and structured data overwhelms traditional data warehouses.

Uncertainty 75

Uncertainty IoT Risk Reporting 75