Cloudera

MAY 4, 2022

The availability and maturity of automated data collection and analysis systems is making it possible for businesses to implement AI across their entire operations to boost efficiency and agility. Benefits aplenty. The beauty of AI is that it promises to deliver more benefits than you can even imagine. Faster decisions .

Cost-Benefit 128

Cost-Benefit Internet of Things Insurance Data-driven 128

CIO Business Intelligence

OCTOBER 16, 2023

Furthermore, manufacturers are cognisant of the fact that data is the lubricant of smart manufacturing. The result is an exponential growth in data generation. Every device, every sensor and every operation is now a data source. Every device, every sensor and every operation is now a data source.

Manufacturing 133

Manufacturing Strategy Cost-Benefit IoT 133

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. Networking technologies have been in existence for many decades with a singular purpose – the improvement of data transmission and circulation through the use of information systems. AI is leading to massive changes in the IoT market.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

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. But organizations still need humans to decide what actions to take based on what the ML-analyzed data shows.

Digital Transformation 78

Digital Transformation Internet of Things IoT Consulting 78

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 88

Strategy Management Forecasting Cost-Benefit 88

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. This led to slowing adoption rates of IoT.

IoT 100

IoT Internet of Things Data-driven Manufacturing 100

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 99

Reporting Cost-Benefit Internet of Things Data-driven 99

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 77

Manufacturing Contextual Data IoT Digital Transformation 77

CIO Business Intelligence

DECEMBER 6, 2023

Much of our digital agenda is around data. The migration, still in its early stages, is being designed to benefit from the learned efficiencies, proven sustainability strategies, and advances in data and analytics on the AWS platform over the past decade. Before we were quite fragmented across different technologies.

Manufacturing 85

Manufacturing Data Lake Digital Transformation Machine Learning 85

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. With edge computing, those functions are performed much closer to where the data is created, such as on the factory floor.

Manufacturing 75

Manufacturing Technology IoT Internet of Things 75

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 95

Internet of Things Manufacturing Digital Transformation Cost-Benefit 95

CIO Business Intelligence

DECEMBER 8, 2022

This is designed to help manufacturing, transportation and other industries accelerate sustainability initiatives and make data-driven decisions to reduce their carbon footprint and become more efficient through the intelligent use of IoT connectivity. Data lives in silos across the IT and OT environment.

IoT 81

IoT ROI Risk Cost-Benefit 81

CIO Business Intelligence

OCTOBER 17, 2023

The Zscaler Zero Trust Exchange provides a holistic approach to securing users, workloads, IoT/OT devices, and B2B partners. NOV, a technology-driven solutions supplier serving the global energy industry, wanted to reduce costs, improve security, and make life easier for its 32,000 users and IT administrators across 62 countries.

Digital Transformation 140

Digital Transformation B2B IoT Cost-Benefit 140

Smart Data Collective

SEPTEMBER 22, 2021

Data-driven businesses must utilize a number of different services and tools to operate successfully. We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. Although this technology seems archaic in the digital era, big data can help you get the most of it.

Management 98

Management Cost-Benefit Big Data Data-driven 98

Jen Stirrup

AUGUST 18, 2023

AI can optimize drilling and production processes by analyzing enormous amounts of data at speed, such as seismic data, well logs, and reservoir simulation data. From a cost perspective, AI keeps reducing downtime. This approach impacts areas crucial to reducing wastage and, crucially, reducing the carbon footprint.

Optimization 96

Optimization Cost-Benefit IoT Data-driven 96

Cloudera

SEPTEMBER 24, 2021

One of the most substantial big data workloads over the past fifteen years has been in the domain of telecom network analytics. The Dawn of Telco Big Data: 2007-2012. Suddenly, it was possible to build a data model of the network and create both a historical and predictive view of its behaviour. Where does it stand today?

Analytics 90

Analytics IoT Cost-Benefit Big Data 90

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 77

Internet of Things IoT Broadcasting Cost-Benefit 77

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. The cost savings and other benefits from automation and improved efficiencies across thousands of stores, gas stations, hotels, or restaurants can be significant.

Internet of Things 83

Internet of Things Cost-Benefit Manufacturing IoT 83

Corinium

JUNE 6, 2019

Are you seeing currently any specific issues in the Insurance industry that should concern Chief Data & Analytics Officers? Lack of clear, unified, and scaled data engineering expertise to enable the power of AI at enterprise scale. The data will enable companies to provide more personalized services and product choices.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

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

Smart Data Collective

JULY 4, 2023

AI models can detect an increase in mentions or events within specific domains and compare them to related data points. What is AI-driven disaster restoration software? Tools like Selenium can help automate many of these tasks with the benefits of AI. Fortunately, AI technology can help mitigate some of these issues.

Technology 73

Technology Software Data-driven Measurement 73

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 87

Data Lake IoT Internet of Things Data-driven 87

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

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 60

Cost-Benefit IoT Internet of Things Enterprise 60

BI-Survey

AUGUST 18, 2020

T he ultimate goal of data-driven decision support is to gain tangible benefits from analytics. The value of information and how it is used to save costs (e.g., The post The current state of data storytelling and its analytical requirements appeared first on BI Survey. optimization) or increase revenues (e.g.,

Analytics 52

Analytics IT Cost-Benefit IoT 52

IBM Big Data Hub

NOVEMBER 30, 2023

Driven by accelerated hybrid cloud adoption and digital transformation efforts, the region is currently a beacon of innovation and a battleground for cyberthreats. The consolidation of client environments within a centralized platform streamlined operations, improved scalability and reduced costs.

Cost-Benefit 73

Cost-Benefit Digital Transformation Data-driven Strategy 73

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 106

Enterprise Interactive Data-driven Key Performance Indicator 106

CIO Business Intelligence

MAY 11, 2022

Climate change concerns have already impacted data center strategies. Take Singapore as an example, where climate change concerns have already impacted data center strategies. We know that for years businesses have built excess capacity into their data center and cloud resources to ensure capacity needs are met at any moment.

Strategy 97

Strategy Digital Transformation Cost-Benefit Machine Learning 97

CIO Business Intelligence

NOVEMBER 23, 2022

This has become a priority for businesses that are trying to keep up with new technologies such as the cloud, IoT, machine learning, and other emerging trends that will prompt digital transformation. Bizzdesigns asked respondents what IT benefits their EA program currently delivers and the top response was improved IT investment decisions.

Enterprise 126

Enterprise Cost-Benefit Digital Transformation Strategy 126

Smart Data Collective

SEPTEMBER 22, 2021

Data engineers and data scientists are focused on developing new applications to meet their goals. There are a lot of great software applications that can be used for a variety of data science objectives. Unfortunately, developing software that was capable of handling big data challenges has been rather complex.

Big Data 111

Big Data Software Data Science Data-driven 111

IBM Big Data Hub

JUNE 30, 2022

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. Luckily, today’s data management approaches aren’t limited by traditional constraints like location or data patterns.

Data Strategy 57

Data Strategy Strategy Business Objectives Data-driven 57

Ontotext

APRIL 6, 2023

Knowledge graphs are changing the game A knowledge graph is a data model that uses semantics to represent real-world entities and the relationships between them. It can apply automated reasoning to extract further knowledge and make new connections between different pieces of data. Manufacturing and Industry 4.0

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

CIO Business Intelligence

JUNE 2, 2022

Among the hot technologies, artificial intelligence and machine learning — a subset of AI that that makes more accurate forecasts and analysis as it ingests data — continue to be of high interest as banks keep a strong focus on costs while trying to boost customer experience and revenue. AI enhances operational efficiency.

Predictive Analytics 144

Predictive Analytics Technology Analytics Machine Learning 144

datapine

JULY 17, 2019

Experts predict that by 2025, around 175 Zettabytes of data will be generated annually, according to research from Seagate. But with so much data available from an ever-growing range of sources, how do you make sense of this information – and how do you extract value from it? Looking for a bite-sized introduction to reporting?

KPI 223

KPI Reporting Key Performance Indicator Dashboards 223

Cloudera

JANUARY 26, 2022

Modern, real-time businesses require accelerated cycles of innovation that are expensive and difficult to maintain with legacy data platforms. The hybrid cloud’s premise—two data architectures fused together—gives companies options to leverage those solutions and to address decision-making criteria, on a case-by-case basis. .

Data Processing 82

Data Processing IoT Cost-Benefit Digital Transformation 82

Smart Data Collective

JUNE 30, 2022

You would also discover the big data is at the heart and soul of modern organizational practices. More companies are using data analytics to optimize their business models in creative ways. The IoT has helped improve logistics , but big data has been even more impactful. This is particularly true with logistics processes.

Analytics 111

Analytics Cost-Benefit Analytics Technologies Big Data 111