Smart Data Collective

JANUARY 11, 2021

We have talked about a number of changes that big data has created for the manufacturing sector. A number of manufacturers are relying more on analytics technology to streamline their operations. Cloud computing is also helping manufacturing companies to reduce costs, innovate, and increase their competitiveness.

Manufacturing 99

Manufacturing Cost-Benefit Internet of Things Big Data 99

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. The sheer volume of data available, for instance, prompts heightened expectations for real-time insights.

Manufacturing 74

Manufacturing Technology IoT Internet of Things 74

CIO Business Intelligence

AUGUST 25, 2023

But when tossing away thousands of diapers damaged during the manufacturing process becomes an everyday occurrence, something has to be done to provide relief for the bottom line. But things go awry and when they do, Proctor & Gamble now employs its Hot Melt Optimization platform to catch snags and get the process back on track.

Predictive Analytics 98

Predictive Analytics IoT Manufacturing Analytics 98

Smart Data Collective

JUNE 23, 2022

Chip shortages, among other components, have fueled a steep increase in car prices, as much as USD$900 above the manufacturer-suggested retail price (MSRP) for non-luxury cars and USD$1,300 above MSRP for luxury ones. . Here’s an in-depth look into analytics and its role in the automotive sector. The Fundamentals. Tackling The Issues.

Analytics 120

Analytics Manufacturing Internet of Things Risk 120

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. How do predictive and prescriptive analytics fit into this statistical framework?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

CIO Business Intelligence

APRIL 12, 2022

The supply chain havoc caused by the coronavirus pandemic has left an indelible mark on the minds (and businesses) of manufacturers, wholesalers, dealers and retailers. And it has quite some catching up to do – the smart manufacturing industry is set to grow from $250 billion in 2021 to $658 billion in 2029. Democratization of data.

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IoT Analytics Manufacturing Cost-Benefit 105

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.

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Manufacturing Data Lake Big Data Data Warehouse 52

Rocket-Powered Data Science

JULY 7, 2019

Analytics: The products of Machine Learning and Data Science (such as predictive analytics, health analytics, cyber analytics). Edge Computing (and Edge Analytics): Industry 4.0: Examples: (1) Automated manufacturing assembly line. (2) See [link]. Industry 4.0 Industry 4.0 2) Roomba (vacuums your house). (3)

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Internet of Things Machine Learning Manufacturing IoT 157

datapine

NOVEMBER 27, 2019

The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts. Businesses of all sizes are no longer asking if they need increased access to business intelligence analytics but what is the best BI solution for their specific business.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

IBM Big Data Hub

MAY 31, 2023

There are many overlapping business usage scenarios involving both the disciplines of the Internet of Things (IoT) and edge computing. This is especially true in manufacturing and industrial engineering. Smart components (phones, tablets, sensors, microprocessors and analytics). Learn more about Industry 4.0

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Internet of Things Manufacturing IoT Data-driven 92

DataRobot Blog

MARCH 10, 2022

This “revolution” stems from breakthrough advancements in artificial intelligence, robotics, and the Internet of Things (IoT). As manufacturing plants start to inject autonomous machines into their day-to-day operations, there is a growing need to monitor these devices and forecast maintenance requirements before failure and downtime.

Manufacturing 52

Manufacturing IoT Machine Learning Forecasting 52

CIO Business Intelligence

JUNE 20, 2022

To date, the company, which primarily manufactures elevators for corporate buildings but also has some residential units in its portfolio, also reports a reduction in technician site visits of between 10% and 15% and a drop in call backs of between 10% and 20%. Analytics, CIO 100, Internet of Things, Manufacturing Industry

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Internet of Things IoT Manufacturing Data Lake 105

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?

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Analytics Manufacturing Cost-Benefit Internet of Things 98

CIO Business Intelligence

JANUARY 26, 2024

People don’t think of a large, 100-year-old manufacturing company as high tech.” But it is — and Ford now positions itself as a software-defined vehicle (SDV) manufacturer, Musser says. This SaaS product provides customers with data and analytics to help them maximize fleet performance and efficiency.”

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IoT Manufacturing Digital Transformation Internet of Things 115

CIO Business Intelligence

MAY 16, 2024

The high-end organic produce and fresh meats distributor envisions IT — analytics and AI, specifically — as the key to more efficient distribution logistics and five-star customer experience. My goal for this year and next year is to link those things in a seamless way,” the CIDO adds. poached its first CIO.

IoT 89

IoT Internet of Things Digital Transformation Sales 89

IBM Big Data Hub

JUNE 20, 2023

According to Warranty Week , claims totaling 46 billion USD were paid by the global automotive Original Equipment Manufacturers in 2021. avoiding warranty issues through simulation), manufacturing (e.g., detecting trends through social media analysis) through the usage of data analytics.

Manufacturing 87

Manufacturing Data-driven Internet of Things Sales 87

datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. With that in mind, we have prepared a list of the top 19 definitive data analytics and big data books, along with magazines and authentic readers’ reviews upvoted by the Goodreads community.

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Big Data Data Analytics Analytics Data mining 263

Jet Global

JUNE 18, 2019

Of all the transformative effects the internet has had on the world of business, none is more dramatic than the proliferation of data it has enabled. Industries such as retail, healthcare, and manufacturing have experienced a dramatic shift thanks to the impact of big data analytics software—but let’s start by looking at what it is, first.

Big Data 75

Big Data Software Data Analytics Analytics 75

IBM Big Data Hub

AUGUST 11, 2023

Manufacturing execution systems (MES) have grown in popularity across the manufacturing industry. If your manufacturing processes have become more intricate and challenging to manage manually, an MES can help streamline manufacturing operations management, increase efficiency and reduce errors.

Software 71

Software Manufacturing Cost-Benefit ROI 71

IBM Big Data Hub

JUNE 29, 2023

As the pace of digital transformation accelerates in the manufacturing and engineering industries, two concepts have gained significant traction: digital twins and digital threads. safety protocols, reporting procedures, manufacturing processes, etc.). However, the impact of each technology will vary depending on manufacturer needs.

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Internet of Things Manufacturing Digital Transformation Optimization 56

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. According to Hyperion Research , HPC-enabled AI, growing at more than 30 percent, is projected to be a $3.5 billion market in 2024.

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Internet of Things Manufacturing Digital Transformation Cost-Benefit 95

Smart Data Collective

APRIL 21, 2022

The Internet of Things is one of the fastest growing industries. More solar manufacturers are turning to the IoT to get the most output for their customers. Since there is enough historical data, the energy companies can apply analytical and predictive models to calculate power generation rates under certain weather conditions.

IoT 99

IoT Internet of Things Forecasting Predictive Modeling 99

Jet Global

OCTOBER 3, 2019

Of all the transformative effects the internet has had on the world of business, none is more dramatic than the proliferation of data it has enabled. Industries such as retail, healthcare, and manufacturing have experienced a dramatic shift thanks to the impact of big data analytics software—but let’s start by looking at what it is, first.

Big Data 53

Big Data Software Data Analytics Analytics 53

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.

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IoT Internet of Things Cost-Benefit Digital Transformation 125

CIO Business Intelligence

JUNE 5, 2023

Unified experiences are seamless digital interactions that rely on bridging the boundaries between different technologies, locations, teams, and things. They are connected industrial and Internet of Things (IoT) experiences that drive optimization of operational productivity and flexibility without compromising security.

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Internet of Things Cost-Benefit Manufacturing IoT 82

CIO Business Intelligence

APRIL 6, 2022

The industry is buzzing with bold ideas such as “the edge will eat the cloud” and real-time automation will spread across healthcare, retail, and manufacturing. The first wave of edge computing: Internet of Things (IoT). Today: Real-time edge analytics. Recently, an increasing amount of hope is attached to edge computing.

IoT 99

IoT Internet of Things Data-driven Manufacturing 99

CIO Business Intelligence

AUGUST 4, 2023

In this conversation with Foundry, Kopal dives deep into her career progression, the challenges of marrying manufacturing with digitization and WABTEC’s commitment to sustainability. Much of the digitization in the manufacturing segment is related to the execution systems. Kopal, tell us about your journey.

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IoT Manufacturing Experimentation Digital Transformation 92

CIO Business Intelligence

JUNE 22, 2022

One of the ways to accelerate time to insight is by performing analytics on real-time data. Data in motion consists of three distinct elements: data flow, message streams, and stream processing and analytics. . At the same time, 5G adoption accelerates the Internet of Things (IoT). This is the focus of “data in motion”.

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IoT IT Manufacturing Internet of Things 92

Smart Data Collective

NOVEMBER 20, 2022

Additionally, 3D printing is also helping to manufacture medical equipment such as ventilator valves and emergency respiration devices, as well as personal protective equipment (PPE) such as masks and mask fitters. Improving Patient Care with the Internet of Things.

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Big Data Technology Internet of Things IoT 104

Cloudera

APRIL 27, 2022

One of the ways to accelerate time to insight is by performing analytics on real-time data. Data in motion consists of three distinct elements: data flow, message streams, and stream processing and analytics. . At the same time, 5G adoption accelerates the Internet of Things (IoT). This is the focus of “data in motion”.

IoT 97

IoT IT Manufacturing Internet of Things 97

Cloudera

JANUARY 29, 2021

Manufacturing’s digital transformation growth is truly impressive considering it’s delivering value with explosive growth rates. Consider that Manufacturing’s Industry Internet of Things (IIOT) was valued at $161b with an impressive 25% growth rate, or that the Connected Car market will be valued at $225b by 2027 with a 17% growth rate.

Internet of Things 53

Internet of Things Manufacturing ROI Machine Learning 53

O'Reilly on Data

JANUARY 8, 2019

Beyond investments in narrowing the skills gap, companies are beginning to put processes in place for their data science projects, for example creating analytics centers of excellence that centralize capabilities and share best practices. For most companies, the road toward machine learning (ML) involves simpler analytic applications.

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IoT Machine Learning Internet of Things Data Science 201

Cloudera

JANUARY 20, 2021

Consider that Manufacturing’s Industry Internet of Things (IIOT) was valued at $161b with an impressive 25% growth rate, the Connected Car market will be valued at $225b by 2027 with a 17% growth rate, or that in the first three months of 2020, retailers realized ten years of digital sales penetration in just three months.

Digital Transformation 107

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 107

IBM Big Data Hub

JANUARY 15, 2024

Also, machine learning will be an incredibly powerful tool for data-driven organizations looking to take better advantage of their data analytics practices. Trend: Edge computing and the Internet of Things More distributed devices will require increased interconnectedness to drive value.

Digital Transformation 73

Digital Transformation Internet of Things IoT Consulting 73

Cloudera

FEBRUARY 3, 2021

COVID-19 vaccines from various manufacturers are being approved by more countries, but that doesn’t mean that they will be available at your local pharmacy or mass vaccination centers anytime soon. The COVID-19 vaccine distribution is one of the most challenging manufacturing and supply chain issues facing the world right now.

Manufacturing 105

Manufacturing Forecasting Internet of Things Risk 105

Cloudera

MAY 4, 2022

In a retail operation, for instance, AI-driven smart shelf systems use Internet of Things (IoT) and cloud-based applications to alert the back room to replenish items. Inventory systems make note of what is being replenished and, with the assistance of data analytics, predict when to order more and how frequently. .

Cost-Benefit 129

Cost-Benefit Internet of Things Insurance Data-driven 129

IBM Big Data Hub

FEBRUARY 19, 2024

Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs. Real-time tracking systems, often enabled by Internet of Things (IoT) devices, help companies monitor their supply chain accurately and immediately.

Strategy 84

Strategy Management Forecasting Cost-Benefit 84