BizAcuity

MARCH 1, 2019

IoT is basically an exchange of data or information in a connected or interconnected environment. AI is about simulating intelligent behavior in machines that carry out tasks ‘smartly’. 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 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 103

Reporting Cost-Benefit Internet of Things Data-driven 103

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 91

Strategy Management Forecasting Cost-Benefit 91

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

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.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

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

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 89

Data Lake IoT Internet of Things Data-driven 89

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. Plant operators use predictive monitoring to keep connected machines from breaking down, increasing uptime and product output. The journey is well underway.

Internet of Things 97

Internet of Things Cost-Benefit Manufacturing IoT 97

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. Smart manufacturing at scale.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

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 98

Strategy Digital Transformation Cost-Benefit Machine Learning 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 62

Cost-Benefit IoT Internet of Things Enterprise 62

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 80

Internet of Things IoT Broadcasting Cost-Benefit 80

Cloudera

DECEMBER 20, 2022

Efficient use of data will therefore be critical to improving the competitiveness and productivity of assets, both traditional and renewable generation. Data efficiency in renewables. Effective use of data can have a direct impact on the cash flow of wind and solar generation companies in areas such as real-time decision making.

Optimization 82

Optimization Data Analytics Analytics Cost-Benefit 82

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 59

Data Strategy Strategy Business Objectives Data-driven 59

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 86

Data Processing IoT Cost-Benefit Digital Transformation 86

Smart Data Collective

JULY 17, 2019

Big data and artificial intelligence technology is going to play an extremely important role in the near future in the future of senior care. New IOT devices will facilitate in-home senior care. The benefits of this are threefold: Artificial intelligence-driven robots reduce the need for human workers.

Cost-Benefit 84

Cost-Benefit Machine Learning Advertising Risk 84

Cloudera

SEPTEMBER 18, 2020

In Part Two they will look at how businesses in both sectors can move to stabilize their respective supply chains and use real-time streaming data, analytics, and machine learning to increase operational efficiency and better manage disruption. The 6 key takeaways from this blog are below: 6 key takeaways.

Manufacturing 84

Manufacturing IoT Forecasting Machine Learning 84

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. According to CompTIA , benefits of EAP include: Allowing more open collaboration between IT and business units.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

IBM Big Data Hub

FEBRUARY 23, 2024

Machine learning (ML) and deep learning (DL) form the foundation of conversational AI development. DL models can improve over time through further training and exposure to more data. These technologies enable systems to interact, learn from interactions, adapt and become more efficient.

Enterprise 110

Enterprise Interactive Data-driven Key Performance Indicator 110

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 59

Technology Cost-Benefit Optimization Internet of Things 59

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 70

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 70

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

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

Cloudera

AUGUST 3, 2021

In summary, predicting future supply chain demands using last year’s data, just doesn’t work. Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed. Leveraging data where it lies.

Analytics 109

Analytics Digital Transformation Risk Forecasting 109

Cloudera

DECEMBER 17, 2020

In 2020, where connected consumers and the turmoil with the pandemic driven supply chains are driving more and more of retail’s response, at Cloudera we believe that the underlying foundation to retail’s success is based upon real-time and streaming data from retail’s edge – the retail store. .

Sales 58

Sales Cost-Benefit Data-driven Optimization 58

bridgei2i

JUNE 3, 2020

CTD’s growth over the last two decades was aided by technological innovation and the steady drop of electronics components’ costs, driven by economies of scale. Recent data indicates daily e-commerce sales to be up by 25% in the US and by 33% in the UK. Apple launched an iPhone version almost every three months.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

Cloudera

NOVEMBER 19, 2018

Sustainable development benefits corporations that embrace it as well as benefitting the world-wide community. Data is collected from in-ground sensors, handheld measurement devices, satellites, GIS, weather sources, and databases related to plants, biomasses, species’ behaviors, and business.

Digital Transformation 40

Digital Transformation IoT Cost-Benefit Uncertainty 40

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 98

Data-driven Data Lake Data Warehouse Cost-Benefit 98

BizAcuity

MAY 10, 2022

Cloud technology and innovation drives data-driven decision making culture in any organization. Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. Cloud washing is storing data on the cloud for use over the internet.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

DataKitchen

JULY 27, 2023

The Ten Standard Tools To Develop Data Pipelines In Microsoft Azure. While working in Azure with our customers, we have noticed several standard Azure tools people use to develop data pipelines and ETL or ELT processes. We counted ten ‘standard’ ways to transform and set up batch data pipelines in Microsoft Azure.

Machine Learning 130

Machine Learning Cost-Benefit Data Transformation Testing 130

IBM Big Data Hub

JULY 28, 2023

To prevent costly product recalls, excessive scrap, re-work and other costs associated with poor quality, companies look to automate inspections and identify weld defects early and consistently. We only enjoy the benefits it brings us. Occasionally, it is augmented by ultra-sound testing, which is also human-driven.

Machine Learning 59

Machine Learning Manufacturing Cost-Benefit Visualization 59

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Worldwide data is expected to hit 175 zettabytes (ZB) ?by by 2025, and 90 ZB of this data will be from IoT devices. Can you correlate data across all departments for informed decision- making ?

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

CIO Business Intelligence

JANUARY 23, 2024

Keep the number of metrics small and manageable, ideally three or four, and at most seven key ones because people cannot focus on multiple pages of data.” Efficiency metrics might show the impacts of automation and data-driven decision-making. He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

AUGUST 15, 2023

Whether a project aims to improve suicide prevention using data science or to create new revenue streams by reimagining an organization’s core business, CIO 100 Award winners demonstrate the innovative spirit of today’s IT in the face of rapidly evolving organizational challenges.

IT 98

IT Manufacturing IoT Cost-Benefit 98

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 102

Cost-Benefit Strategy IoT Internet of Things 102

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 80

Manufacturing Technology Internet of Things Cost-Benefit 80

AWS Big Data

MAY 16, 2024

In this post, we discuss how Amazon Redshift spatial index functions such as Hexagonal hierarchical geospatial indexing system (or H3) can be used to represent spatial data using H3 indexing for fast spatial lookups at scale. Navigating the vast landscape of data-driven insights has always been an exciting endeavor.

Data Warehouse 62

Data Warehouse Visualization Cost-Benefit Optimization 62