CIO Business Intelligence

NOVEMBER 14, 2023

The deployment of Internet of Things (IoT) devices, smart cameras, lidar systems and other sensors is designed to increase awareness of traffic and surface conditions, so officials can more quickly identify and fix problems. In the meantime, they can add IoT technology that can communicate information in near-real time.

IoT 84

IoT Internet of Things Cost-Benefit Measurement 84

Smart Data Collective

MARCH 29, 2021

And this is usually at the lowest possible costs in terms of material and machinery. Over the years, asset-intensive industries have been searching for cost-efficient ways of managing, repairing, and overhauling activities. That helps you make informed decisions. Big Data Offers Huge Benefits to Management Maintenance.

Big Data 137

Big Data Management Cost-Benefit Internet of Things 137

CIO Business Intelligence

APRIL 27, 2023

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. Agile networks can respond quickly to changes in the market, customer demands, employee requirements, and technology advances.

Management 94

Management Internet of Things Cost-Benefit Uncertainty 94

CIO Business Intelligence

MAY 8, 2024

In the age of big data, where information is generated at an unprecedented rate, the ability to integrate and manage diverse data sources has become a critical business imperative. This enables organisations to unlock the full potential of their data assets, making informed decisions and driving innovative business strategies.

Data Integration 83

Data Integration IoT Cost-Benefit Data Quality 83

CIO Business Intelligence

JANUARY 9, 2023

They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] Already deployed in commercial kitchens and retail chains, on factory floors and at amusement parks, the solution has shown the following benefits.

IoT 126

IoT Internet of Things Cost-Benefit Digital Transformation 126

Smart Data Collective

SEPTEMBER 11, 2020

Savvy technology evangelists recognize the importance of AI in the 21 st Century, especially as Internet technology continues to evolve. An article in CISCOMAG talks about the benefits of using AI in improving network security. Internet of Things. Internet of Things is a critical tool for businesses.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

IBM Big Data Hub

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. These technologies can significantly reduce manual labor, minimize errors and speed up processes, leading to increased efficiency and cost savings.

Strategy 82

Strategy Management Forecasting Cost-Benefit 82

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: Edge computing and the Internet of Things More distributed devices will require increased interconnectedness to drive value.

Digital Transformation 70

Digital Transformation Internet of Things IoT Consulting 70

CIO Business Intelligence

AUGUST 16, 2023

In order to do that, a digital transformation was required, and when it comes to information provision, there wasn’t much, so we put in place basic platforms to handle data, and developed a cloud architecture for infrastructure and applications.” We wanted to create an information supply for the entire company, though.”

Risk 89

Risk Cost-Benefit Digital Transformation Internet of Things 89

Smart Data Collective

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. Reduced Costs and Downtime. It is an Internet of Things (IoT) platform that promotes the creation of a digital representation of real places, people, things, and business processes. Convenience all the way!

Cost-Benefit 137

Cost-Benefit IoT Internet of Things Data-driven 137

CIO Business Intelligence

JANUARY 24, 2024

Similar to disaster recovery, business continuity, and information security, data strategy needs to be well thought out and defined to inform the rest, while providing a foundation from which to build a strong business.” One of the keys to benefiting from unstructured data is to define clear objectives, Miller says.

Data Strategy 135

Data Strategy Strategy Unstructured Data Data Governance 135

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 70

Internet of Things IoT Broadcasting Cost-Benefit 70

CIO Business Intelligence

JUNE 5, 2023

Count them: the home Wi-Fi, the ISP, the Internet, a Domain Name System (DNS) provider, a content delivery network (CDN), applications distributed among multiple providers in multiple clouds, credit authentication companies, a private customer information database.

Internet of Things 83

Internet of Things Cost-Benefit Manufacturing IoT 83

IBM Big Data Hub

JUNE 20, 2023

The following are the six stages of asset lifecycle management: Planning: In the first stage of the asset lifecycle, stakeholders assess the need for the asset, its projected value to the organization and its overall cost. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 71

Strategy Management Cost-Benefit IoT 71

Smart Data Collective

MAY 25, 2023

Fortunately, there are a number of measures that small businesses can take to protect their sensitive information from unauthorized access. Additionally, cybercrime costs SMEs over $2.2 Cyber security solutions can be categorized into endpoint security, app security, internet of things security, network security, and cloud security.

Internet of Things 89

Internet of Things Cost-Benefit Risk Software 89

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. With regulated documentation, consumers, governments and other stakeholders can make better decisions based on trustworthy information.

Reporting 90

Reporting Internet of Things Cost-Benefit Data-driven 90

Smart Data Collective

SEPTEMBER 26, 2019

We have smartphones, smart speakers, smart cars and an entire Internet of Things (IoT) filled with devices meant to make our lives easier and more intuitive. As big data grows, it’s even more important to turn it into smart data — or information that makes sense for the needs of each business. Reduce Fleet Costs.

Internet of Things 70

Internet of Things IoT Cost-Benefit Insurance 70

Smart Data Collective

APRIL 7, 2022

These benefits include the following: You can use data analytics to better understand the preferences of your users and provide personalized product recommendations. Doxee has a great article on some of the profound benefits of big data in retail distribution. Do you want to know how to incorporate it into your data-driven business?

B2B 106

B2B Sales Big Data Cost-Benefit 106

Smart Data Collective

JULY 19, 2019

The telecommunications industry could benefit from big data more than almost any other business. A 2017 analysis by MapR showed that telecommunications industries can benefit from big data more than almost any other company. The benefits of services like those provided by Comarch cannot be overstated. Help when you need it most.

Big Data 79

Big Data Internet of Things IoT B2B 79

CIO Business Intelligence

MARCH 30, 2022

Emerging technologies such as artificial intelligence (AI), machine learning (ML), augmented reality (AR), the Internet of Things (IoT) and quantum computing can help organizations scale on demand, improve resiliency, minimize infrastructure investments and deploy solutions rapidly and securely.

Technology 94

Technology Internet of Things ROI IoT 94

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 58

IT Cost-Benefit Internet of Things IoT 58

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 55

Cost-Benefit IoT Internet of Things Enterprise 55

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. This is often made simpler if the number of platforms is kept to a minimum.

Cost-Benefit 115

Cost-Benefit Internet of Things Data-driven Data Lake 115

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. 2] As with any advancement in technology, edge computing comes with benefits and drawbacks.

Manufacturing 74

Manufacturing Technology IoT Internet of Things 74

Cloudera

JANUARY 30, 2024

There are many functional areas within manufacturing where manufacturers will see AI’s massive benefits. According to Gartner , 80 percent of manufacturing CEOs are increasing investments in digital technologies—led by artificial intelligence (AI), Internet of Things (IoT), data, and analytics.

Manufacturing 81

Manufacturing Contextual Data IoT Digital Transformation 81

CIO Business Intelligence

JANUARY 4, 2023

“The big thing we need to do as CIOs is to show the business value [of sustainability] and give our business partners information to help them understand the levers they have as well,” says Morgan Stanley CIO Katherine Wetmur. This should not just be a discussion about costs; sustainability should be considered as a business outcome.”

IT 128

IT Internet of Things Reporting Cost-Benefit 128

Smart Data Collective

JUNE 16, 2022

It is the ideal solution for contemporary cities that wish to leverage the power of the internet of things while providing possible advantages to their residents. . People, businesses, and other organizations may benefit from this approach to better manage parking areas. A Time and Cost-Efficient Solution.

Deep Learning 129

Deep Learning Technology Management Internet of Things 129

FineReport

JUNE 29, 2023

The Internet of Things (IoT) has revolutionized the way we interact with devices and gather data. In this article, we will explore the concept of IoT dashboards, delve into their benefits, examine real-life examples, and highlight the essential features that make them indispensable in the IoT landscape.

IoT 52

IoT Dashboards Visualization Cost-Benefit 52

Smart Data Collective

JANUARY 11, 2021

Cloud computing is also helping manufacturing companies to reduce costs, innovate, and increase their competitiveness. The cloud enables manufacturers to use many new forms of production systems as well, from 3D printing and the Internet of Things to high-performance computing and industrial robots.

Manufacturing 99

Manufacturing Cost-Benefit Internet of Things Big Data 99

IBM Big Data Hub

MARCH 14, 2024

The number of networks also continues to grow, with many popular Internet Service Providers (ISPs) like Verizon, Google and AT&T, offering 5G connectivity in both homes and businesses. Supply dependable connectivity with real-time results, enabling staff to make faster, more informed decisions about patient care.

Technology 60

Technology IoT Cost-Benefit Internet of Things 60

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

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. If it is using digital transformation to change its digital marketing strategy, it should track metrics like return on ad spend (ROAS) and cost per acquisition.

Digital Transformation 61

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 61

CIO Business Intelligence

MAY 16, 2022

To reap the benefits, organizations need to modernize with a decentralized data strategy that delivers the speed and flexibility necessary for driving smarter outcomes for the business. Click here for more information. The concept of the edge is not new, but its role in driving data-first business is just now emerging.

IoT 88

IoT Data Warehouse Internet of Things Machine Learning 88

CIO Business Intelligence

NOVEMBER 17, 2022

For example, while your organisation may already have tapped the power of the Internet of Things and edge computing (perhaps even enhanced by the speed and stability of private 5G in the quest for digital transformation, this does not automatically make you future-proof. These trends include: 1.

Internet of Things 58

Internet of Things Data-driven Cost-Benefit Digital Transformation 58

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 53

Technology Cost-Benefit Optimization Internet of Things 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. To prevent that, companies must implement a strategy to make sense of data by first training AI algorithms and then continually refining them as new, relevant information becomes available.

Data Lake 89

Data Lake IoT Internet of Things Data-driven 89

AWS Big Data

OCTOBER 3, 2023

Compaction is the process of combining these small data and metadata files to improve performance and reduce cost. For more information on streaming applications on AWS, refer to Real-time Data Streaming and Analytics. We use an EMR notebook to demonstrate the benefits of the compaction utility. Delete the EMR cluster.

Optimization 110

Optimization Snapshot Data Lake Metadata 110