Remove Big Data Remove Internet of Things Remove Risk Management Remove Technology
article thumbnail

Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

Are you frustrated by an increase in the quantity of the data that your organization handles? Many businesses globally are dealing with big data which brings along a mix of benefits and challenges. A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025.

article thumbnail

How AI and IoT Solutions Can Improve Your Business

Smart Data Collective

In today’s modern era, AI and IoT are technologies poised to impact every part of the industry and society radically. Because most businesses devote their primary efforts to developing their brand, software applications, or network, new technologies are apt to transform how they operate. l Improved Risk Management.

IoT 134
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IRM Is Essential for Digital Transformation Success

John Wheeler

Last week, I had the distinct privilege to join my Gartner colleagues from our Risk Management Leadership Council in presenting the Q4 2018 Emerging Risk Report. We hosted more than 500 risk leaders across the globe in our exploration of the most critical risks.

article thumbnail

The journey to a mature asset management system

IBM Big Data Hub

Earlier posts in this series addressed the challenges of the energy transition with holistic grid asset management, the integrated asset management platform and data exchange, and merging traditional top-down and bottom-up planning processes. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

It includes everything from product development and strategic decision-making to information systems and new technologies. To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Because finding the right suppliers can be challenging, some businesses turn to technology to help.

article thumbnail

Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Predictive and preventive maintenance : The advent of IoT and AI technologies has transformed EAM systems into predictive maintenance tools.

article thumbnail

Unlock The Power of Your Data With These 19 Big Data & Data Analytics Books

datapine

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. The rate at which data is generated has increased exponentially in recent years. Essential Big Data And Data Analytics Insights. million searches per day and 1.2

Big Data 263