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 72

Strategy Management Cost-Benefit IoT 72

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 53

Technology Cost-Benefit Optimization Internet of Things 53

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

Transforming Industries with Data Intelligence. Data intelligence has provided useful and insightful information to numerous markets and industries. With tools such as Artificial Intelligence, Machine Learning, and Data Mining, businesses and organizations can collate and analyze large amounts of data reliably and more efficiently.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

Sisense

MARCH 14, 2021

However, when investigating big data from the perspective of computer science research, we happily discover much clearer use of this cluster of confusing concepts. As we move from right to left in the diagram, from big data to BI, we notice that unstructured data transforms into structured data.

Big Data 52

Big Data IoT Data Warehouse Data-driven 52

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

FEBRUARY 23, 2024

Machine learning (ML) and deep learning (DL) form the foundation of conversational AI development. ML and DL lie at the core of predictive analytics, enabling models to learn from data, identify patterns and make predictions about future events.

Enterprise 98

Enterprise Interactive Data-driven Key Performance Indicator 98

Sisense

OCTOBER 15, 2020

Dealing with Data is your window into the ways data teams are tackling the challenges of this new world to help their companies and their customers thrive. Streaming data analytics is expected to grow into a $38.6 Let’s look at a few ways that different industries take advantage of streaming data.

Dashboards 98

Dashboards IoT Optimization Internet of Things 98

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 51

Machine Learning Internet of Things Cost-Benefit Data-driven 51

IBM Big Data Hub

JUNE 14, 2023

An innovative application of the Industrial Internet of Things (IIoT), SM systems rely on the use of high-tech sensors to collect vital performance and health data from an organization’s critical assets. What’s the biggest challenge manufacturers face right now?

Manufacturing 72

Manufacturing Technology Internet of Things Cost-Benefit 72

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 98

Data-driven Data Lake Data Warehouse Cost-Benefit 98

Smart Data Collective

AUGUST 14, 2019

The healthcare sector is heavily dependent on advances in big data. Healthcare organizations are using predictive analytics , machine learning, and AI to improve patient outcomes, yield more accurate diagnoses and find more cost-effective operating models. Big data analytics: solutions to the industry challenges.

Big Data 78

Big Data Data Analytics Analytics Internet of Things 78

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 54

Internet of Things Manufacturing Digital Transformation Optimization 54

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. And more recently, we have also seen innovation with IOT (Internet Of Things). That’s the reward.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

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 102

Cost-Benefit Digital Transformation Software Modeling 102

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 68

Management Broadcasting Cost-Benefit IoT 68

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 87

Machine Learning Cost-Benefit IoT Data Warehouse 87

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. But this was only the tip of the analytics iceberg.

Modeling 84

Modeling Big Data IoT Data Warehouse 84

Cloudera

JANUARY 22, 2019

Likewise, big companies whose business units are storing large volumes of data from separate systems in different formats, thus creating Big Data silos resulting in large datasets that must be integrated manually and consequently erode corporate Big Data investments, should care about Big Data Fabric. Source: Cloudera.

Big Data 45

Big Data Data Lake Internet of Things Enterprise 45

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 55

Manufacturing Internet of Things Cost-Benefit Digital Transformation 55

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. Exclusive Bonus Content: Get Our 2020 BI Trends Handbook For Free!

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

IBM Big Data Hub

MARCH 20, 2024

In the business sphere, both large enterprises and small startups depend on public cloud computing models to provide the flexibility, cost-effectiveness and scalability needed to fuel business growth. artificial intelligence (AI) , edge computing, the Internet of Things (IoT) ). trillion in 2027.

Internet of Things 92

Internet of Things Cost-Benefit Data Processing IoT 92