Smart Data Collective

JULY 2, 2019

Big data is playing a surprisingly important role in the evolution of renewable energy. IBM recently published a fascinating paper on the applications of big data for solar and other green energy sources. Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

IBM Big Data Hub

FEBRUARY 6, 2024

Cloud computing enables organizations to use infrastructure and applications over the internet without installing and maintaining them on-premises or in-house. This infrastructure model relies on a network of remote data centers , servers and storage systems owned and operated by a third-party service provider.

Cost-Benefit 103

Cost-Benefit Digital Transformation Software Modeling 103

Smart Data Collective

APRIL 7, 2022

Few people anticipated that big data would have such a profound impact on the e-commerce sector. Companies in the distribution industry are particularly dependent on data, due to the complicated logistics issues they encounter. ERP Integration is the Newest Trend in E-Commerce for Data-Driven Distribution Businesses.

B2B 106

B2B Sales Big Data Cost-Benefit 106

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 57

Manufacturing Internet of Things Cost-Benefit Digital Transformation 57

Cloudera

JANUARY 22, 2019

In conjunction with the evolving data ecosystem are demands by business for reliable, trustworthy, up-to-date data to enable real-time actionable insights. Big Data Fabric has emerged in response to modern data ecosystem challenges facing today’s enterprises. What is Big Data Fabric? Data access.

Big Data 44

Big Data Data Lake Internet of Things Enterprise 44

Smart Data Collective

APRIL 24, 2019

But setting these vital enterprises up for maximum success and unrivaled innovation takes information — and that means gathering data. 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.

Analytics 98

Analytics Manufacturing Cost-Benefit Internet of Things 98

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: 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

Sisense

MAY 11, 2021

You can’t talk about data analytics without talking about data modeling. These two functions are nearly inseparable as we move further into a world of analytics that blends sources of varying volume, variety, veracity, and velocity. Dig into AI.

Modeling 84

Modeling Big Data IoT Data Warehouse 84

IBM Big Data Hub

JUNE 29, 2023

Here, we will compare digital twins and digital threads, and discuss potential use cases and benefits. A digital twin is a digital replica of a physical object or system, complete with all the design and operational data of the physical object, including geometry, performance data and behavior models. What are digital twins?

Internet of Things 56

Internet of Things Manufacturing Digital Transformation Optimization 56

AWS Big Data

MAY 30, 2023

Customers have been using data warehousing solutions to perform their traditional analytics tasks. Traditional batch ingestion and processing pipelines that involve operations such as data cleaning and joining with reference data are straightforward to create and cost-efficient to maintain.

Data Lake 83

Data Lake Data Analytics Analytics Data Processing 83

CIO Business Intelligence

MAY 24, 2022

Organisations have to contend with legacy data and increasing volumes of data spread across multiple silos. To meet these demands many IT teams find themselves being systems integrators, having to find ways to access and manipulate large volumes of data for multiple business functions and use cases. THE GROWTH OF DATA.

Data-driven 88

Data-driven Data Lake Data Warehouse Cost-Benefit 88

IBM Big Data Hub

JUNE 15, 2023

Here are some of the benefits of effective asset management software: Centralized asset information: Maintenance workers need to know where an asset is and how it’s performing at all times. In order to do this, many use a computerized maintenance management system (CMMS) as part of their overall EAM approach.

Management 70

Management Broadcasting Cost-Benefit IoT 70

IBM Big Data Hub

AUGUST 11, 2023

If you are experiencing inefficiencies, bottlenecks, quality control challenges or compliance issues in your production processes, an MES can provide real-time data and performance analysis across production lines to identify and address these issues promptly. Adequate training for your team members is crucial for successful adoption.

Software 71

Software Manufacturing Cost-Benefit ROI 71

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 74

Strategy Management Cost-Benefit IoT 74

IBM Big Data Hub

JANUARY 8, 2024

Organizations then benefit from looking at industry and technology trends to better decide how to deliver the best possible customer experience to existing and prospective customers. Any successful digital transformation must include a robust data analytics component to accurately track successes.

Digital Transformation 63

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 63

erwin

JUNE 11, 2020

Several hospitals have also employed data intelligence tools in their services and operational processes. These hospitals are making use of dashboards that provide summary information on hospital patient trends, treatment costs, and waiting times. How Business Benefits from Data Intelligence. Expanding big data.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

datapine

NOVEMBER 27, 2019

DQM is indeed reckoned as the key factor in ensuring efficient data analysis, as it is the basis from where all the rest starts from. According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. How can we make it happen?

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

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 55

Technology Cost-Benefit Optimization Internet of Things 55

IBM Big Data Hub

SEPTEMBER 11, 2023

Forrester’s 2022 Total Economic Impact Report for Data Management highlights the impact Db2 and the IBM data management portfolio is having for customers: Return on investment (ROI) of 241% and payback <6 months. This helps remove unnecessary network and infrastructure latencies and reduce cost and security vulnerabilities.

Machine Learning 88

Machine Learning Cost-Benefit IoT Data Warehouse 88

Sisense

JANUARY 13, 2020

Manufacturing companies that adopted computerization years ago are already taking the next step as they transform into smart data-driven organizations. Manufacturing constantly seeks ways to increase efficiency, reduce costs, and unlock productivity and profitability. All of them generate a trail of performance-tracking data.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

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 52

Software Enterprise Management Cost-Benefit 52

IBM Big Data Hub

FEBRUARY 23, 2024

ML and DL lie at the core of predictive analytics, enabling models to learn from data, identify patterns and make predictions about future events. Organizations across industries increasingly benefit from sophisticated automation that better handles complex queries and predicts user needs.

Enterprise 99

Enterprise Interactive Data-driven Key Performance Indicator 99

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