CIO Business Intelligence

JANUARY 12, 2023

In many ways, the manufacturing industry stands on edge—emerging from a pandemic and facing all-time highs in demand yet teetering on inflation-related economic uncertainty and coping with skilled labor shortages. 2] As with any advancement in technology, edge computing comes with benefits and drawbacks.

Manufacturing 75

Manufacturing Technology IoT Internet of Things 75

CIO Business Intelligence

APRIL 5, 2022

For some, leveraging data and analytics tools is proving to be an effective way to address the challenges. But the latest analytics tools, powered by machine learning algorithms, can help companies predict demand more effectively, enabling them to adjust production and shipping operations.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

Smarten

FEBRUARY 8, 2023

The client is one of the leading pipe manufacturers in India and among only a few companies adopting the latest technology and quality control programs that are widely accepted at a global level to develop CPVC plumbing systems as per the Indian plumbing market. The company has manufacturing units at Gujarat, Himachal Pradesh, and Tamil Nadu.

Business Intelligence 52

Business Intelligence Manufacturing Sales Cost-Benefit 52

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028. As such it can help adopters find ways to save and earn money.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

CIO Business Intelligence

JUNE 6, 2024

At the recent Dell Technologies World, Chairman and CEO of Dell Technologies Michael Dell, stressed the importance of reaping the benefits of AI responsibly. “AI By integrating AI-driven information technology (IT) and operational technology (OT), it is improving patient care worldwide while addressing cost pressures and staff shortages.

Cost-Benefit 94

Cost-Benefit IT Data-driven Digital Transformation 94

Smart Data Collective

MAY 27, 2021

A growing number of major automobile manufacturers have started using data analytics and AI to improve production. There have been a number of clear advantages of using big data to manufacture automobiles. However, there is a possible benefit of new developments in data technology that doesn’t get as much attention.

Data Analytics 123

Data Analytics Manufacturing Big Data Analytics 123

Sisense

JANUARY 13, 2020

The modern manufacturing world is a delicate dance, filled with interconnected pieces that all need to work perfectly in order to produce the goods that keep the world running. In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

DataRobot

JULY 22, 2021

Retailers, manufacturers, and pharmaceutical companies all have struggled to align production and stocking with rapid shifts in demand. Now is the time to rethink supply chains, with more emphasis on flexibility and perhaps less focus on solely reducing costs. COVID-19 has wreaked havoc on global supply chains. Download Now.

Manufacturing 52

Manufacturing Forecasting Machine Learning Data-driven 52

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? So it’s Monday, and you lead a data analytics team of perhaps 30 people. Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. There are four main benefits of reducing errors. Introduction. You’ve got a new boss.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

Smart Data Collective

APRIL 24, 2019

Manufacturing is a more powerful and essential part of our industries and economies than ever. 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. Who’s Using Analytics in Manufacturing?

Analytics 99

Analytics Manufacturing Cost-Benefit Internet of Things 99

Cloudera

SEPTEMBER 18, 2020

In Part Two they will look at how businesses in both sectors can move to stabilize their respective supply chains and use real-time streaming data, analytics, and machine learning to increase operational efficiency and better manage disruption. The 6 key takeaways from this blog are below: 6 key takeaways. Brent Biddulph: .

Manufacturing 84

Manufacturing IoT Forecasting Machine Learning 84

CIO Business Intelligence

JUNE 3, 2024

Cloud doesn’t just open the door to enabling advanced technologies like AI, hyper-automation, and big data analytics – it unlocks a complex realm of costs and expense management problems that can threaten innovation and its financial sustainability. The bottom line: CFOs and CIOs need fixed costs for easier budgeting and forecasting.

Cost-Benefit 98

Cost-Benefit Optimization ROI Strategy 98

Smarten

DECEMBER 3, 2023

Let’s look at some of the reasons business intelligence (BI) and augmented analytics are important to your business and the benefits this type of solution can provide for your enterprise. Why is augmented analytics an important factor in your success? So, what does all this mean to your business?

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

CIO Business Intelligence

MAY 29, 2024

Sure, technology costs money, and your margins are slim. But there’s a cost to being left behind. IBM’s global survey found that few AI investments are delivering on the financial promise that stakeholders expect, at just 5.9% — well below the typical 10% cost of capital. Are your customers starting to notice?

Management 98

Management ROI IT Cost-Benefit 98

CIO Business Intelligence

SEPTEMBER 12, 2023

The benefits are extraordinary. As an IT leader, you deal with balancing benefits and budgets within the rapid pace of technological change every day. The list of benefits shows us why the technology duo of 5G and Wi-Fi in organizational networks is so compelling. Consider the manufacturing environment.

Enterprise 105

Enterprise Cost-Benefit Manufacturing IoT 105

Smarten

APRIL 25, 2023

The Client is the largest global manufacturer of Air Coolers. The Smarten Augmented Analytics solution allows the Client users to interact with data to identify overall profitability at various levels in the organization. The Client is an India-based Multi-National Company with a presence in over sixty (60) countries.

Analytics 62

Analytics Cost-Benefit Dashboards Sales 62

CIO Business Intelligence

NOVEMBER 9, 2022

One potential solution to this challenge is to deploy self-service analytics, a type of business intelligence (BI) that enables business users to perform queries and generate reports on their own with little or no help from IT or data specialists. But there are right and wrong ways to deploy and use self-service analytics.

Analytics 137

Analytics Slice and Dice Metrics Sales 137

Smart Data Collective

SEPTEMBER 20, 2023

However, there are far more benefits that cannot be overlooked. Real-Time Processing And Analysis One of the critical aspects of IoT is its need for real-time data processing and analytics. Cloud platforms are built to handle real-time data analytics, processing information as it comes in and providing immediate insights.

IoT 119

IoT Internet of Things Cost-Benefit Manufacturing 119

Smarten

SEPTEMBER 21, 2022

Add Analytics! Surveys reveal that the top three vertical industries currently using Tally ERP include Manufacturing, Retail and Real Estate. As with any software solution, IT teams and executives constantly look for the tools that will give them the most benefit and value for the least investment. It’s Simple!

ROI 52

ROI Slice and Dice Analytics Cost-Benefit 52

datapine

APRIL 14, 2022

When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. After all, these are some pretty massive industries with many examples of big data analytics, and the rise of business intelligence software is answering what data management needs. What’s the motive?

Big Data 244

Big Data Recreation/Entertainment Analytics Data-driven 244

CIO Business Intelligence

DECEMBER 6, 2023

The 30,000-employee company manufactures fiber-based and recycled paper packaging for large clients, including Amazon, Unilever, and Nestle, at more than 300 manufacturing sites globally, primarily in Europe, though the company has a facility in Atlanta as well.

Manufacturing 97

Manufacturing Data Lake Digital Transformation Machine Learning 97

IBM Big Data Hub

JANUARY 25, 2024

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. regulations, undergoing digital transformation and the need for cost-cutting. There are quantifiable benefits to balancing the dynamics of MRO spares and material demand.

Optimization 73

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 73

Ontotext

APRIL 6, 2023

Manufacturing and Industry 4.0 For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. As we have seen, many leading auto part makers and car manufacturers use knowledge graphs to improve their operations. But the benefits of knowledge graphs don’t stop there.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

CIO Business Intelligence

NOVEMBER 20, 2023

AI is becoming an integral part of decision-making for many different business functions – from finance to manufacturing to sales. This reduces costs while improving customer experience. Deloitte estimates that predictive maintenance increases productivity by 25%, reduces breakdowns by 70% and lowers overall maintenance costs by 25%.

Sales 131

Sales Cost-Benefit Manufacturing Forecasting 131

CIO Business Intelligence

JUNE 23, 2023

German vehicle manufacturer Volkswagen is one enterprise going the co-creation route, building its own industry cloud for automobile manufacturing in concert with AWS and MHP, a Porsche-owned IT consultant. If BMW, or Ford, or Tesla would like to use our microservices in their manufacturing facilities, they could do that.”

Manufacturing 105

Manufacturing Digital Transformation Cost-Benefit Enterprise 105

Cloudera

AUGUST 3, 2021

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Improve Visibility within Supply Chains.

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! What Is A Performance Report?

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

datapine

JUNE 5, 2019

Exclusive Bonus Content: Ready to make analytics straightforward? Online dashboards provide immediate navigable access to actionable analytics that has the power to boost your bottom line through continual commercial evolution. A data dashboard assists in 3 key business elements: strategy, planning, and analytics.

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

Sisense

FEBRUARY 1, 2021

As we clarify the functional distinction between the two types of frameworks and summarize the rationale for choosing one or the other, an exciting new event in the evolution of product life cycle management emerges: The application of machine-learning-based (ML) analytics is sharpening PLM frameworks. Important benefits of PDM.

Management 52

Management Analytics Manufacturing Cost-Benefit 52

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. An early case study of BPR was Ford Motor Company, which successfully implemented reengineering efforts in the 1990s to streamline its manufacturing processes and improve competitiveness.

Cost-Benefit 57

Cost-Benefit Finance Optimization Key Performance Indicator 57

Smart Data Collective

FEBRUARY 22, 2021

The automotive industry is constantly changing and evolving, and now auto businesses should embrace AI, data and analytics for daily processes to stay ahead of the curve. These type of cars will then use analytics to conduct predictive maintenance, as well as alerting of any problems that will occur if no action is taken to fix them.

Analytics 84

Analytics Cost-Benefit Big Data Finance 84

CIO Business Intelligence

OCTOBER 6, 2022

Artificial Intelligence (AI) is fast becoming the cornerstone of business analytics, allowing companies to generate value from the ever-growing datasets generated by today’s business processes. Through this process, organisations can ensure rapid deployment, simplified management, and optimised integrations—all at cost savings.

Internet of Things 98

Internet of Things Manufacturing Digital Transformation Cost-Benefit 98

Smart Data Collective

JUNE 19, 2022

Many suppliers are finding ways to use AI and data analytics more effectively. The benefits of AI stem from the need to manage close relationships with business stakeholders, which is a difficult task. The availability of materials can cause failures, as suppliers cannot manufacture products when they lack the resources to do so.

Risk 134

Risk Cost-Benefit Risk Management Manufacturing 134

datapine

AUGUST 19, 2020

Among other things, they help in improving on-time deliveries, in reducing operating costs, in increasing customer satisfaction, or in optimizing transport. You can calculate it by dividing the costs of goods sold by the average inventory. Carrying cost of inventory. In short, be mindful of your carrying costs.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

CIO Business Intelligence

JANUARY 18, 2024

In industries such as manufacturing, logistics, transportation, agriculture, and energy exploration, extreme and ever-changing conditions illustrate the critical need for robust and reliable connectivity. The benefits of low latency, guaranteed bandwidth and control are applicable to businesses in practically every sector.

Sales 116

Sales Cost-Benefit Manufacturing Enterprise 116

Smart Data Collective

SEPTEMBER 25, 2023

While there are many benefits of big data technology, the steep price tag can’t be ignored. Companies need to appreciate the reality that they can drain their bank accounts on data analytics and data mining tools if they don’t budget properly. The manager can track, manage, and optimize all your IT resources to cut costs.

Data-driven 105

Data-driven IT Cost-Benefit Big Data 105