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IoT Connectivity & the Significance of Fleet Management in Logistics Industry

BizAcuity

This is the era of IoT (the Internet of Things). The confluence of connected gadgets, networks, and its consequent by-product of big data is enhancing the impact of fleet management. The confluence of connected gadgets, networks, and its consequent by-product of big data is enhancing the impact of fleet management.

IoT 93
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Ferrovial puts AI at the heart of its transformation

CIO Business Intelligence

Since its creation over five years ago, the Digital Hub has included a team of experts in innovation, technologies, and trends — such as IoT, big data, AI, drones, 3D printing, or advances in customer experience — who work in concert with other business units to identify and execute new opportunities.

IT 95
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Why Investing in Data Is Crucial for Business Growth In 2022

Smart Data Collective

Ultimately, data helps firms understand and improve their processes, reducing money and time spent on wasted resources. IBM estimates that 90% of all data generated by the Internet of Things (IOT) is not analyzed, or utilized in business decision processes.

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Asset lifecycle management strategy: What’s the best approach for your business?

IBM Big Data Hub

Valuable assets can be complex and markets are always shifting, so during this phase, it’s important to weigh the depreciation of the current asset against the rising cost of maintaining it in order to calculate its overall ROI. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

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My top learning moments at Splunk.conf23

Rocket-Powered Data Science

as likely to say that their ROI on observability tools far exceeded expectations. This is a physical device, in the IoT (Internet of Things) family of sensors, that collects and streams data from the edge (i.e., Leaders are 7.9x Saving my best two.conf23 learning moments for last, first up is Splunk Edge Hub.

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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

Here are a few business examples of this type of prescriptive analytics: Which marketing campaign is most efficient and effective (has best ROI) in optimizing sales? Note how this simple mathematical expression of prescriptive analytics is exactly the opposite of our previous expression of predictive analytics (given X, find Y).

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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE. Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general.