Smart Data Collective

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. On-premise data centers are highly susceptible to cyberattacks as well. Smart companies are overcoming these challenges by using Microsoft Azure to scale up or down and inspire efficient growth and data security amid the global crisis.

Cost-Benefit 138

Cost-Benefit IoT Internet of Things Data-driven 138

CIO Business Intelligence

APRIL 6, 2022

The first wave of edge computing: Internet of Things (IoT). For most industries, the idea of the edge has been tightly associated with the first wave of the Internet of Things (IoT). These data flows then had to be correlated into what is commonly referred to as sensor-fusion. Moving beyond IoT 1.0.

IoT 105

IoT Internet of Things Data-driven Manufacturing 105

BizAcuity

MARCH 1, 2019

There is a coherent overlap between the Internet of Things and Artificial Intelligence. IoT is basically an exchange of data or information in a connected or interconnected environment. As IoT devices generate large volumes of data, AI is functionally necessary to make sense of this data.

IoT 56

IoT Internet of Things Big Data Data-driven 56

IBM Big Data Hub

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

Strategy 89

Strategy Management Forecasting Cost-Benefit 89

IBM Big Data Hub

MAY 23, 2023

The rise of interconnected technologies like the Internet of Things (IoT), electric vehicles, geolocation and mobile technology have made it possible to orchestrate how people and goods flow from one place to another, especially in densely-packed urban areas. The solution is smart transportation.

Internet of Things 78

Internet of Things IoT Broadcasting Cost-Benefit 78

CIO Business Intelligence

OCTOBER 6, 2022

At the same time, the sheer volume and velocity of data demand high-performance computing (HPC) to provide the power needed to effectively train AIs, do AI inferencing, and run analytics. We’re seeing HPC-enabled AI on the rise because it extracts and refines data quicker and more accurately. billion market in 2024.

Internet of Things 98

Internet of Things Manufacturing Digital Transformation Cost-Benefit 98

Cloudera

JANUARY 30, 2024

With the ability of manufacturers to store a huge volume of historical data, AI can be applied in general business areas of any industry, like developing recommendations for marketing, supply chain optimization, and new product development. Manufacturers who want to get ahead must understand data’s role and value.

Manufacturing 79

Manufacturing Contextual Data IoT Digital Transformation 79

CIO Business Intelligence

JUNE 5, 2023

They are connected industrial and Internet of Things (IoT) experiences that drive optimization of operational productivity and flexibility without compromising security. In manufacturing and supply chain operations, a unified experience can facilitate real-time data collection, inventory management, and logistics tracking.

Internet of Things 92

Internet of Things Cost-Benefit Manufacturing IoT 92

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts are often driven by stakeholder expectations, regulatory requirements and the recognition that sustainable business practices can improve the bottom line. These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance.

Reporting 100

Reporting Cost-Benefit Internet of Things Data-driven 100

CIO Business Intelligence

JANUARY 12, 2023

Answering these concerns, smart factories are moving to another edge: edge computing, where operational data from Internet of Things (IoT) sensors can be collected and processed for insights in near-real-time. 2] As with any advancement in technology, edge computing comes with benefits and drawbacks. A lot of it.

Manufacturing 75

Manufacturing Technology IoT Internet of Things 75

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. Data and AI as digital fundamentals.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

Cloudera

AUGUST 18, 2021

Data Lifecycle Management: The Key to AI-Driven Innovation. In digital transformation projects, it’s easy to imagine the benefits of cloud, hybrid, artificial intelligence (AI), and machine learning (ML) models. The hard part is to turn aspiration into reality by creating an organization that is truly data-driven.

Data Lake 88

Data Lake IoT Internet of Things Data-driven 88

BizAcuity

NOVEMBER 22, 2022

In today’s world that is largely data-driven, organizations depend on data for their success and survival, and therefore need robust, scalable data architecture to handle their data needs. This typically requires a data warehouse for analytics needs that is able to ingest and handle real time data of huge volumes.

Data Warehouse 98

Data Warehouse Cost-Benefit Data Lake Internet of Things 98

IBM Big Data Hub

JULY 27, 2023

It offers a holistic view, providing critical data about asset condition, location and efficiency. More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring.

Cost-Benefit 61

Cost-Benefit IoT Internet of Things Enterprise 61

CIO Business Intelligence

JULY 13, 2023

My first step in that process is sharing some of the great insights I learned with all of you. The rapid expansion of the Internet of Things (IoT), fueled by generative AI, is putting increasing pressure on data centers worldwide. This aspect is about data usage, privacy, and responsible technology innovation.

IT 97

IT Internet of Things Strategy IoT 97

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. Secure executive-level buy-in Digital transformation projects are unlikely to succeed if they are not endorsed and driven by executive leadership.

Digital Transformation 67

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 67

AWS Big Data

NOVEMBER 14, 2023

Data is a key strategic asset for every organization, and every company is a data business at its core. However, in many organizations, data is typically spread across a number of different systems such as software as a service (SaaS) applications, operational databases, and data warehouses.

IoT 56

IoT Data-driven Data Lake Data Strategy 56

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends.

Enterprise 107

Enterprise Interactive Data-driven Key Performance Indicator 107

BizAcuity

APRIL 1, 2023

Introduction In today’s world that is largely data-driven, organizations depend on data for their success and survival, and therefore need robust, scalable data architecture to handle their data needs. For this reason, Snowflake is often the cloud-native data warehouse of choice.

Data Warehouse 52

Data Warehouse Cost-Benefit Data Lake Internet of Things 52

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 58

Technology Cost-Benefit Optimization Internet of Things 58

Sisense

MARCH 14, 2021

Attempting to learn more about the role of big data (here taken to datasets of high volume, velocity, and variety) within business intelligence today, can sometimes create more confusion than it alleviates, as vital terms are used interchangeably instead of distinctly. Big data challenges and solutions.

Big Data 52

Big Data IoT Data Warehouse Data-driven 52

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. The last 10+ years or so have seen Insurance become as data-driven as any vertical industry.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

erwin

JUNE 11, 2020

What Is Data Intelligence? Data Intelligence is the analysis of multifaceted data to be used by companies to improve products and services offered and better support investments and business strategies in place. Data intelligence can encompass both internal and external business data and information. Healthcare.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

IBM Big Data Hub

JUNE 14, 2023

Evolving technologies and an increasingly globalized and digitalized marketplace have driven manufacturers to adopt smart manufacturing technologies to maintain competitiveness and profitability. These features use data from multiple machines simultaneously, automate processes and provide manufacturers more sophisticated analyses.

Manufacturing 79

Manufacturing Technology Internet of Things Cost-Benefit 79

CIO Business Intelligence

MAY 24, 2022

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses.

Data-driven 96

Data-driven Data Lake Data Warehouse Cost-Benefit 96

AWS Big Data

MAY 30, 2023

Customers have been using data warehousing solutions to perform their traditional analytics tasks. Recently, data lakes have gained lot of traction to become the foundation for analytical solutions, because they come with benefits such as scalability, fault tolerance, and support for structured, semi-structured, and unstructured datasets.

Data Lake 77

Data Lake Data Analytics Analytics Data Processing 77

IBM Big Data Hub

MAY 31, 2023

Understanding and planning for when your equipment is likely to fail can drive greater efficiency in production operations, but how do you decide which strategy is the most cost-effective one for you? It is suited to low-cost, non-critical assets that don’t pose safety or operational risks if a run-to-failure strategy is deployed.

Cost-Benefit 99

Cost-Benefit Strategy IoT Internet of Things 99

IBM Big Data Hub

JULY 5, 2023

Asset lifecycle management (ALM) is a data-driven approach that many companies use to care for their assets, maximize their efficiency and increase their profitability. Planning In the first stage of the asset lifecycle, stakeholders assess the need for a new asset, its projected value to the organization and its overall cost.

Strategy 58

Strategy Management IoT Cost-Benefit 58

Alation

MAY 12, 2022

Or, rather, every successful company these days is run with a bias toward technology and data, especially in the manufacturing industry. technologies, manufacturers must deploy the right technologies and, most importantly, leverage the resulting data to make better, faster decisions. All personas access and use data appropriately, and.

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

IBM Big Data Hub

SEPTEMBER 11, 2023

On June 7, 1983, a product was born that would revolutionize how organizations would store, manage, process , and query their data: IBM Db2. Codd published his famous paper “ A Relational Model of Data for Large Shared Data Banks.” Over the past 40 years, Db2 has been on an exciting and transformational journey.

Machine Learning 92

Machine Learning Cost-Benefit IoT Data Warehouse 92

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 is Driving Massive Changes in Healthcare. Big data capturing.

Big Data 78

Big Data Data Analytics Analytics Internet of Things 78

Sisense

MAY 11, 2021

You can’t talk about data analytics without talking about data modeling. The reasons for this are simple: Before you can start analyzing data, huge datasets like data lakes must be modeled or transformed to be usable. Building the right data model is an important part of your data strategy. Discover why.

Modeling 84

Modeling Big Data IoT Data Warehouse 84

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 60

Manufacturing Internet of Things Cost-Benefit Digital Transformation 60

CIO Business Intelligence

APRIL 12, 2022

Specifically, they’re looking at these areas: Centralized supply chain planning Advanced analytics Reskilling the labor force for digital planning and monitoring In the never-ending hunt for maximum efficiency and cost savings, supply chain digitization correlates closely with smart manufacturing processes.

IoT 105

IoT Analytics Manufacturing Cost-Benefit 105

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. In a public cloud computing model, a cloud service provider (CSP) owns and operates vast physical data centers that run client workloads.

Internet of Things 100

Internet of Things Cost-Benefit Data Processing IoT 100

datapine

NOVEMBER 27, 2019

Data exploded and became big. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. 1) Data Quality Management (DQM). We all gained access to the cloud.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361