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 69

Digital Transformation Internet of Things IoT Consulting 69

CIO Business Intelligence

JANUARY 24, 2024

Building a successful data strategy at scale goes beyond collecting and analyzing data,” says Ryan Swann, chief data analytics officer at financial services firm Vanguard. These information resources can hold enormous value for enterprises , enabling them to gain new insights about customers and market trends.

Data Strategy 132

Data Strategy Strategy Unstructured Data Data Governance 132

CIO Business Intelligence

MARCH 30, 2022

Emerging technologies such as artificial intelligence (AI), machine learning (ML), augmented reality (AR), the Internet of Things (IoT) and quantum computing can help organizations scale on demand, improve resiliency, minimize infrastructure investments and deploy solutions rapidly and securely. CMOs enable this understanding.

Technology 85

Technology Internet of Things ROI IoT 85

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 71

Strategy Management Cost-Benefit IoT 71

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 60

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 60

CIO Business Intelligence

MAY 16, 2022

From the factory floor to online commerce sites and containers shuttling goods across the global supply chain, the proliferation of data collected at the edge is creating opportunities for real-time insights that elevate decision-making. The concept of the edge is not new, but its role in driving data-first business is just now emerging.

IoT 77

IoT Data Warehouse Internet of Things Machine Learning 77

erwin

JUNE 11, 2020

Transforming Industries with Data Intelligence. Data intelligence has provided useful and insightful information to numerous markets and industries. Several hospitals have also employed data intelligence tools in their services and operational processes. How Business Benefits from Data Intelligence.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

IBM Big Data Hub

JULY 26, 2023

However, market volatility, environmental concerns and operational inefficiencies have also challenged these industries to adapt and innovate. Companies will need to invest in digital skill development for their workforce and navigate complex issues around data ownership, privacy and security. What is a digital twin?

Technology 53

Technology Cost-Benefit Optimization Internet of Things 53

IBM Big Data Hub

FEBRUARY 23, 2024

Organizations across industries increasingly benefit from sophisticated automation that better handles complex queries and predicts user needs. In conversational AI, this translates to organizations’ ability to make data-driven decisions aligning with customer expectations and the state of the market. billion by 2030.

Enterprise 95

Enterprise Interactive Data-driven Key Performance Indicator 95

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 billion market by 2025. How industries can benefit from streaming data.

Dashboards 98

Dashboards IoT Optimization Internet of Things 98

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

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. Ensure that sensitive data remains within their own network, improving security and compliance.

Manufacturing 72

Manufacturing Technology Internet of Things Cost-Benefit 72

IBM Big Data Hub

JUNE 10, 2024

Beyond that, household devices blessed with Internet of Things (IoT) technology means that CPUs are now being incorporated into refrigerators, thermostats, security systems and more. Data analytics The goal of data analytics is to take raw data and refine it into an understandable narrative that addresses business goals.

Manufacturing 62

Manufacturing Forecasting Data-driven Internet of Things 62

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

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 68

Software Manufacturing Cost-Benefit ROI 68

CDW Research Hub

NOVEMBER 29, 2021

Your first thought about the Internet of Things (IoT) might be of a “smart” device or sensor. By understanding these layers early in the IoT Workshop process, your team will have a better chance of adopting an IoT solution that not only sticks, but benefits your business. In the case of IoT, this source of data is the sensor.

IoT 89

IoT Cost-Benefit Internet of Things ROI 89

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

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

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 99

Cost-Benefit Digital Transformation Software Modeling 99

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. While there are a lot of EAM products on the market, this article will help you ask the right questions to find the right fit for your organization.

Software 50

Software Enterprise Management Cost-Benefit 50

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 77

Data-driven Data Lake Data Warehouse Cost-Benefit 77

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.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Alation

AUGUST 2, 2022

This makes the digital channel even more powerful, but only if customer data is used wisely. By considering the buyer’s journey across the marketing, sales, and customer service funnels, you can build long-term relationships that enhance revenue and enable long-term growth. What Are The Benefits Of Customer Centricity?

Strategy 52

Strategy Cost-Benefit Metrics Data Lake 52