IBM Big Data Hub

JUNE 20, 2023

Assets are the lifeblood of any successful business—from software programs tailored to meet an enterprise’s unique needs to a pipeline that stretches across oceans. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 72

Strategy Management Cost-Benefit IoT 72

Smart Data Collective

DECEMBER 16, 2019

At a time when the technology environment is powered by aspects such as the Internet of Things, artificial intelligence, machine learning, and Quantum computing, data is king. Most importantly, as the data which enterprises rely on increases, it has become necessary to embrace better techniques for managing all this information.

Optimization 54

Optimization Enterprise Internet of Things Cost-Benefit 54

IBM Big Data Hub

FEBRUARY 9, 2024

2024 thus stands to be a pivotal year for the future of AI, as researchers and enterprises seek to establish how this evolutionary leap in technology can be most practically integrated into our everyday lives. The evolution of generative AI has mirrored that of computers, albeit on a dramatically accelerated timeline.

Cost-Benefit 97

Cost-Benefit Modeling Data-driven Enterprise 97

IBM Big Data Hub

JULY 27, 2023

To navigate these challenges, industry players are turning to enterprise asset management (EAM) solutions. Understanding enterprise asset management At its core, enterprise asset management (EAM) is a system designed to help organizations manage physical assets (e.g., equipment, machinery and infrastructure).

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

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 89

Cost-Benefit Strategy IoT Internet of Things 89

Smart Data Collective

MAY 25, 2023

Recent statistics indicate that 43% of cyberattacks target small businesses, and 60% of the attacked enterprises go out of business in six months. Additionally, cybercrime costs SMEs over $2.2 With a cybersecurity plan, businesses understand risks well and can enable proactive protection while ensuring prompt responses to cyberattacks.

Internet of Things 90

Internet of Things Cost-Benefit Risk Software 90

IBM Big Data Hub

JUNE 30, 2023

Machinery, equipment, facilities and vehicles provide economic value or benefit operations. Organizations can’t work effectively if they don’t invest to keep their assets running cost-effectively throughout their lifecycle. Most organizations can’t run without physical assets. Let’s explore these in more depth.

Management 61

Management Cost-Benefit Enterprise IoT 61

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: Cybersecurity By virtue of moving many services online, organizations are at greater risk of digital attacks.

Digital Transformation 71

Digital Transformation Internet of Things IoT Consulting 71

IBM Big Data Hub

JUNE 29, 2023

Here, we will compare digital twins and digital threads, and discuss potential use cases and benefits. Digital twin technology uses Industrial Internet of Things (IIoT) sensors, machine learning and simulation software to collect product data and generate accurate models. What are digital twins?

Internet of Things 54

Internet of Things Manufacturing Digital Transformation Optimization 54

IBM Big Data Hub

AUGUST 11, 2023

Gathering data from machines, sensors, operators and other Industrial Internet of Things (IIoT) devices, they provide accurate and up-to-date insights into the status of production activities. Proper planning and preparation will contribute to a successful MES implementation and maximize its benefits for your organization.

Software 69

Software Manufacturing Cost-Benefit ROI 69

IBM Big Data Hub

APRIL 22, 2024

We use to collect data from 6,500+ utility bills we receive globally each year and summarize total energy consumption, cost, and renewable electricity purchases across to save many hours of calculations. Our approach includes applying AI, Internet of Things (IoT), and advanced data and automation solutions to empower this transition.

IoT 79

IoT Internet of Things Cost-Benefit Reporting 79

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

IBM Big Data Hub

AUGUST 30, 2023

IBM Maximo has been a leading enterprise asset management solution in the industry for four decades, helping customers streamline work processes with a centralized platform for managing tasks, inventory, regulatory compliance and reporting capabilities. However, there are a few risks to take into consideration when choosing a SaaS option.

Data Processing 68

Data Processing Cost-Benefit Internet of Things Enterprise 68

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. Enterprise IT is contributing significantly to the world’s carbon footprint. Governance.

IT 78

IT Internet of Things Strategy IoT 78

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. The power of people.

Manufacturing 142

Manufacturing Digital Transformation IoT Internet of Things 142

CIO Business Intelligence

SEPTEMBER 8, 2022

Gathering and processing data quickly enables organizations to assess options and take action faster, leading to a variety of benefits, said Elitsa Krumova ( @Eli_Krumova ), a digital consultant, thought leader and technology influencer.

Cost-Benefit 102

Cost-Benefit Internet of Things Data-driven Data Lake 102

Smart Data Collective

APRIL 24, 2019

But setting these vital enterprises up for maximum success and unrivaled innovation takes information — and that means gathering data. If you represent a manufacturing concern and you’re wondering about the benefits of capturing and analyzing operational data , you’ve come to the right place.

Analytics 98

Analytics Manufacturing Cost-Benefit Internet of Things 98

Cloudera

AUGUST 22, 2021

It seems like there’s always something new to look out for every day, be it new use cases, technology or ways that organizations can benefit. Retirement of legacy tech and migration to new services can be challenging for any business, but greater for enterprises. Cloudera has been at the forefront of enterprise data for years.

Cost-Benefit 104

Cost-Benefit Strategy IoT ROI 104

IBM Big Data Hub

JULY 12, 2023

Enterprises are often defined by how they deal with events that are out of their control. Good contingency plans prioritize the risks an organization faces, delegate responsibility to members of the response teams and increase the likelihood that the company will make a full recovery after a negative event.

Risk 40

Risk Cost-Benefit Internet of Things Testing 40

IBM Big Data Hub

JULY 5, 2023

First, though, let’s start with some definitions that will be key to understanding the value of ALM to the modern enterprise. 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. What is an asset? The four stages of ALM 1.

Strategy 53

Strategy Management IoT Cost-Benefit 53

Cloudera

AUGUST 18, 2021

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

Data Lake 88

Data Lake IoT Internet of Things Data-driven 88

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Cloudera

SEPTEMBER 5, 2018

While the Internet of Things (IoT) represents a significant opportunity, IoT architectures are often rigid, complex to implement, costly, and create a multitude of challenges for organizations. Why this matters to Enterprises today? Some of the key benefits include: Accelerated Deployment & Reduced Risk for Customers.

IoT 47

IoT Machine Learning Internet of Things Cost-Benefit 47

BizAcuity

MARCH 1, 2019

There is a coherent overlap between the Internet of Things and Artificial Intelligence. Evolution of Internet of Things. to make better decisions and risk assessments. The Internet of Things is only getting smarter. This is AI/ML aspect of the work. Future of IoT is AI.

IoT 56

IoT Internet of Things Big Data Data-driven 56

Cloudera

DECEMBER 18, 2018

Defining these is, therefore, a crucial element, and Cloudera is now taking part in just that for the biggest revolution we’ve seen in business and society: the Internet of Things (IoT). The good thing about standards is that there are so many to choose from” – Andrew S. Standards for IoT.

IoT 43

IoT Internet of Things Machine Learning Insurance 43

Cloudera

OCTOBER 3, 2018

In 2008, I co-founded Cloudera with folks from Google, Facebook, and Yahoo to deliver a big data platform built on Hadoop to the enterprise market. We were the first company to commercialize the software, building on the work done at Yahoo and other consumer internet companies. We each have large partner communities.

Uncertainty 75

Uncertainty IoT Risk Reporting 75

Cloudera

JANUARY 22, 2019

Big Data Fabric has emerged in response to modern data ecosystem challenges facing today’s enterprises. What are the Benefits of Big Data Fabric? A Big Data Fabric leverages storage and processing power from multiple heterogeneous nodes to enable enterprise-wide access to all data assets of an enterprise.

Big Data 44

Big Data Data Lake Internet of Things Enterprise 44