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 129

Cost-Benefit Internet of Things Insurance Data-driven 129

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 91

Internet of Things Manufacturing Digital Transformation Cost-Benefit 91

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 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 77

Internet of Things Cost-Benefit Manufacturing IoT 77

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

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

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 76

IoT ROI Cost-Benefit Risk 76

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

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

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

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

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

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,

Manufacturing 78

Manufacturing Technology Internet of Things Cost-Benefit 78

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. Centralize, optimize, and unify data.

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

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 130

Measurement Digital Transformation KPI Metrics 130

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 83

Data-driven Data Lake Data Warehouse Cost-Benefit 83

CIO Business Intelligence

AUGUST 15, 2023

From healthcare to manufacturing, this year’s award winners span a wide range of industries, proving once again the impact information technology has in reshaping business and society at large. In partnership with OpenAI and Microsoft, CarMax worked to develop, test, and iterate GPT-3 natural language models aimed at achieving those results.

IT 93

IT Manufacturing IoT Cost-Benefit 93

IBM Big Data Hub

MAY 31, 2023

When assets malfunction or aren’t performing optimally, there can be safety issues and financial implications – the average manufacturer reportedly loses about 800 hours a year in downtime. 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 98

Cost-Benefit Strategy IoT Internet of Things 98

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. Manufacturers are the unsung heroes who make sure we’re safe, day in and day out.

Machine Learning 57

Machine Learning Manufacturing Cost-Benefit Visualization 57

IBM Big Data Hub

MARCH 28, 2024

As cloud computing continues to transform the enterprise workplace, private cloud infrastructure is evolving in lockstep, helping organizations in industries like healthcare, government and finance customize control over their data to meet compliance, privacy, security and other business needs. billion by 2033, up from USD 92.64

Enterprise 108

Enterprise Cost-Benefit Data Processing Software 108

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

IBM Big Data Hub

JUNE 29, 2023

Manufacturing has undergone a major digital transformation in the last few years, with technological advancements, evolving consumer demands and the COVID-19 pandemic serving as major catalysts for change. Here, we’ll discuss the major manufacturing trends that will change the industry in the coming year. Industry 4.0 Industry 4.0

Manufacturing 60

Manufacturing Internet of Things Cost-Benefit Digital Transformation 60

Cloudera

NOVEMBER 4, 2020

Here the insurance industry has a tremendous opportunity to leverage the data sourced from new technology to improve risk assessments and underwriting models – wearable tech such as fitness trackers and other smart devices, geo location, telematics. They’re not using the data to add insight into their customers profiles.

Insurance 113

Insurance Machine Learning Risk IoT 113

IBM Big Data Hub

DECEMBER 21, 2023

Reshoring manufacturing to the US ­ has been a significant trend in recent years, driven by geopolitical tensions, supply chain disruptions, proximity to customers and markets, eco-system synergies and the need for positive impact on the domestic economy. Digital labor can make processes more adaptable.

Manufacturing 87

Manufacturing Cost-Benefit Machine Learning Optimization 87

CIO Business Intelligence

APRIL 12, 2022

The supply chain havoc caused by the coronavirus pandemic has left an indelible mark on the minds (and businesses) of manufacturers, wholesalers, dealers and retailers. And it has quite some catching up to do – the smart manufacturing industry is set to grow from $250 billion in 2021 to $658 billion in 2029.

IoT 104

IoT Analytics Manufacturing Cost-Benefit 104

CIO Business Intelligence

DECEMBER 6, 2023

Much of our digital agenda is around data. The 30,000-employee company manufactures fiber-based and recycled paper packaging for large clients, including Amazon, Unilever, and Nestle, at more than 300 manufacturing sites globally, primarily in Europe, though the company has a facility in Atlanta as well.

Manufacturing 79

Manufacturing Data Lake Digital Transformation Machine Learning 79