Smart Data Collective

JUNE 16, 2022

Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general. However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE.

Business Analytics 123

Business Analytics Analytics Forecasting Business Analysis 123

Smart Data Collective

SEPTEMBER 16, 2022

One of the biggest benefits of big data in healthcare has been in the field of virtual healthcare. Some of the ways that big data is driving advances in telemedicine include the following: They can evaluate data from IoT devices and use it to forecast healthcare trends and identify individual patient needs.

Big Data 111

Big Data Cost-Benefit IoT Consulting 111

CIO Business Intelligence

JULY 31, 2023

How will the vision be enabled by disruptive technologies like Generative AI , IoT, and Cloud? After all, each of these is part of your mandate, as a CIO, to optimize the organization’s digital potential. How much will it cost? How will the company have improved for your customers once the vision is achieved?

Strategy 98

Strategy IT Cost-Benefit Finance 98

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 145

Predictive Analytics Technology Analytics Machine Learning 145

Ontotext

APRIL 6, 2023

This allows companies to model and optimize the interactions between the various computers that make a car run, ensuring everything is operating in sync to meet the desired specifications. For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. Manufacturing and Industry 4.0

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

Cloudera

AUGUST 3, 2021

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. The last eighteen months is causing supply chain forecasters to rethink the definition and incorporate risk into the planning process. .

Analytics 109

Analytics Digital Transformation Risk Forecasting 109

CDW Research Hub

SEPTEMBER 29, 2021

Leveraging cloud computing provides a strategic opportunity for many organizations and IT teams to deliver access everywhere, reduce costs, improve efficiency, and speed innovation. Visibility of unmanaged devices such as routers, switches and IoT devices. But visibility and control of endpoints are increasingly challenging.

IoT 64

IoT Cost-Benefit Forecasting Enterprise 64

Smart Data Collective

NOVEMBER 12, 2021

Big data has helped companies identify promising cost-saving measures, recruit the best talent, optimize their marketing strategies and realize many other benefits. However, there are a lot of other benefits of big data that have not gotten as much attention. Control Operational Costs. Here’s why.

Data-driven 104

Data-driven Cost-Benefit Data mining Big Data 104

CIO Business Intelligence

OCTOBER 13, 2022

As companies fast-track IT modernization to accelerate digital transformation and gain business advantage, there is an opportunity to rearchitect a greener IT environment and application portfolio that will drive cost efficiencies and contribute to broader corporate sustainability goals. of all global carbon emissions.

IT 59

IT Cost-Benefit Internet of Things IoT 59

IBM Big Data Hub

JULY 27, 2023

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 control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs.

Cost-Benefit 61

Cost-Benefit IoT Internet of Things Enterprise 61

AWS Big Data

FEBRUARY 6, 2023

When migrating Hadoop workloads to Amazon EMR , it’s often difficult to identify the optimal cluster configuration without analyzing existing workloads by hand. To solve this, we’re introducing the Hadoop migration assessment Total Cost of Ownership (TCO) tool. We also share case studies to show you the benefits of using the tool.

Cost-Benefit 52

Cost-Benefit Data Lake Dashboards Big Data 52

Cloudera

SEPTEMBER 18, 2020

Supply chain visibility – COVID may accelerate deployment of IoT devices, data, and analytics to improve real-time visibility across the entire supply chain from a ‘track and trace’ perspective. The 6 key takeaways from this blog are below: 6 key takeaways. Long term impact on retailers. The inventory distortion gap.

Manufacturing 83

Manufacturing IoT Forecasting Machine Learning 83

CIO Business Intelligence

JUNE 1, 2022

IDC forecasted worldwide “whole cloud” spending will surpass US$1.3 It opens not just cloud-native technologies such as containerization, which are empowering organizations to move to more agile delivery models critical in today’s highly competitive app-centric landscape, but also enables cutting-edge innovations from 5G to AI and IoT.

Digital Transformation 95

Digital Transformation Business Objectives Cost-Benefit IoT 95

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. However, Italy, which seems to be flattening the curve, has started showing signs of optimism. Apple launched an iPhone version almost every three months. Mobile electronics.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

Sisense

MARCH 14, 2021

For starters, the rise of the Internet of Things (IoT) has created immense volumes of new data to be analyzed. IoT sensors on factory floors are constantly streaming data into cloud warehouses and other storage locations. displaying BI insights for human users).

Big Data 52

Big Data IoT Data Warehouse Data-driven 52

IBM Big Data Hub

FEBRUARY 23, 2024

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. Organizations across industries increasingly benefit from sophisticated automation that better handles complex queries and predicts user needs.

Enterprise 107

Enterprise Interactive Data-driven Key Performance Indicator 107

erwin

JUNE 11, 2020

The travel industry has found enhanced quality and range of products and services to provide travelers, as well as optimization of travel pricing strategies for future travel offerings. These hospitals are making use of dashboards that provide summary information on hospital patient trends, treatment costs, and waiting times.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

CDW Research Hub

JANUARY 31, 2020

Everyone from Gartner to ZDNet, and nearly every technology vendor in between, has been busy forecasting the top trends for cybersecurity in 2020. From expanding data privacy regulations to the heightened security concerns of IoT devices, application security is coming into focus for cybersecurity professionals.

IT 52

IT IoT Cost-Benefit Testing 52

IBM Big Data Hub

JUNE 14, 2023

artificial intelligence (AI) applications, the Internet of Things (IoT), robotics and augmented reality, among others) to optimize enterprise resource planning (ERP), making companies more agile and adaptable. Optimize workflows by analyzing data from multiple sources (e.g.,

Manufacturing 79

Manufacturing Technology Internet of Things Cost-Benefit 79

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 99

Cost-Benefit Strategy IoT Internet of Things 99

IBM Big Data Hub

JULY 5, 2023

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. Read this blog post to explore how digital twins can help you optimize your asset performance. The four stages of ALM 1.

Strategy 58

Strategy Management IoT Cost-Benefit 58

CIO Business Intelligence

MAY 25, 2022

After acquiring AMC, Chrysler implemented PLM throughout its enterprise, resulting in development costs that were half the industry average. PLM can optimize the production process in real-time. Oracle’s Fusion Cloud PLM platform leverages analytics, IoT, AI, and ML to deliver digital twin and digital thread capabilities.

Management 103

Management Manufacturing Cost-Benefit IoT 103

IBM Big Data Hub

JUNE 15, 2023

Here are some of the benefits of effective asset management software: Centralized asset information: Maintenance workers need to know where an asset is and how it’s performing at all times. In order to do this, many use a computerized maintenance management system (CMMS) as part of their overall EAM approach.

Management 74

Management Broadcasting Cost-Benefit IoT 74

BizAcuity

JUNE 3, 2022

Optimizing inventory planning and distribution is getting trickier by the day under current market conditions. Current trends show retailers experimenting with emerging technologies like Predictive Analytics and IoT. From sourcing, production, staff requirement, and strategy are all dependent on demand forecasts.

Data Analytics 59

Data Analytics Analytics Forecasting Predictive Analytics 59

IBM Big Data Hub

MARCH 28, 2024

According to a report from Future Market Insights (link resides outside ibm.com), the global private cloud services market is forecast to grow to USD 405.30 Private cloud combines the primary benefits of cloud computing (e.g., billion by 2033, up from USD 92.64 billion in 2023. What is a private cloud? Zoom, Adobe, Salesforce).

Enterprise 110

Enterprise Cost-Benefit Data Processing Software 110

IBM Big Data Hub

FEBRUARY 6, 2024

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. Automation Automation tools are a significant feature of cloud-based infrastructure.

Cost-Benefit 110

Cost-Benefit Digital Transformation Software Modeling 110

Sisense

MAY 11, 2021

The new architecture requires that data be structured in a dimensional model to optimize for BI capabilities, but it also allows for ad hoc analytics with the flexibility to query clean and raw data. Each step of the above is broken out into a separate transformation to optimize for re-usability, performance, and readability.

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. Artificial intelligence (AI) One of the most significant benefits of artificial intelligence (AI) in manufacturing is its ability to analyze vast amounts of data in real-time.

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. Democratization of data.

IoT 105

IoT Analytics Manufacturing Cost-Benefit 105

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

Alation

AUGUST 2, 2022

To enjoy the benefits of customer centricity, start by implementing the right habits such as these outlined by Gartner. What Are The Benefits Of Customer Centricity? Explore some additional benefits that a customer centric approach can unlock: Customer Acquisition. Reduce customer acquisition costs.

Strategy 52

Strategy Cost-Benefit Metrics Data Lake 52

Jet Global

MAY 9, 2024

Real-Time Analytics Pipelines : These pipelines process and analyze data in real-time or near-real-time to support decision-making in applications such as fraud detection, monitoring IoT devices, and providing personalized recommendations. As data flows into the pipeline, it is processed in real-time or near-real-time.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52