CIO Business Intelligence

FEBRUARY 22, 2024

Since its creation over five years ago, the Digital Hub has included a team of experts in innovation, technologies, and trends — such as IoT, big data, AI, drones, 3D printing, or advances in customer experience — who work in concert with other business units to identify and execute new opportunities.

IT 101

IT Digital Transformation IoT Cost-Benefit 101

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 85

IoT Internet of Things Cost-Benefit Reporting 85

CIO Business Intelligence

NOVEMBER 27, 2023

How can CIOs deliver accurate, trustworthy AI without the energy costs and carbon footprint of a small city? Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications.

Risk 129

Risk Cost-Benefit Modeling Optimization 129

Smart Data Collective

FEBRUARY 3, 2022

For the first time, the Internet of Things (IoT) appeared in 1999. In other words, the IoT system means connecting things (equipment) to the Internet for improving the quality of people’s life. In other words, the IoT system means connecting things (equipment) to the Internet for improving the quality of people’s life.

Internet of Things 115

Internet of Things IoT Cost-Benefit Interactive 115

CIO Business Intelligence

SEPTEMBER 12, 2023

The benefits are extraordinary. As an IT leader, you deal with balancing benefits and budgets within the rapid pace of technological change every day. The list of benefits shows us why the technology duo of 5G and Wi-Fi in organizational networks is so compelling. Consider the manufacturing environment.

Enterprise 104

Enterprise Cost-Benefit Manufacturing IoT 104

BizAcuity

MARCH 1, 2019

IoT is basically an exchange of data or information in a connected or interconnected environment. As IoT devices generate large volumes of data, AI is functionally necessary to make sense of this data. IoT and AI together make this context, i.e. ‘connected intelligence’ from connected devices. Bringing the power of AI to IoT.

IoT 56

IoT Internet of Things Big Data Data-driven 56

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 78

Strategy Management Cost-Benefit IoT 78

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

CIO Business Intelligence

DECEMBER 7, 2022

Next-generation technologies such as private 5G enable this edge connectivity, while IoT technologies deliver connected devices. By processing the data on-site, companies can save on expensive backhaul transport costs required to deliver large amounts of data for traditional cloud processes.”

IoT 83

IoT Cost-Benefit Manufacturing Enterprise 83

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. IoT automates data collection, in addition to simplifying data mining. Below are some of these trends.

Big Data 137

Big Data Management Cost-Benefit Internet of Things 137

Cloudera

JANUARY 30, 2024

As we navigate the fourth and fifth industrial revolution, AI technologies are catalyzing a paradigm shift in how products are designed, produced, and optimized. There are many functional areas within manufacturing where manufacturers will see AI’s massive benefits. That is a very low number.

Manufacturing 77

Manufacturing Contextual Data IoT Digital Transformation 77

Jen Stirrup

AUGUST 18, 2023

AI can help here in various ways, notably to support optimization in exploration and production efforts with a view on sustainability. AI can optimize drilling and production processes by analyzing enormous amounts of data at speed, such as seismic data, well logs, and reservoir simulation data.

Optimization 96

Optimization Cost-Benefit IoT Data-driven 96

CIO Business Intelligence

AUGUST 16, 2023

“Waterfall projects may seem easier to understand from an overall point of view, but if it’s about ongoing innovation together with a customer to bring out new effects and benefits, then we need to be iterative even in complex projects,” she says. “At Since the route optimization came into place, fewer emptyings are required, he notes.

Risk 89

Risk Cost-Benefit Digital Transformation Internet of Things 89

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. turn this application off while not in use to increase network optimization by X percent).

Management 94

Management Internet of Things Cost-Benefit Uncertainty 94

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. IoT is the technology that enhances communication by connecting network devices and collecting data. AI is leading to massive changes in the IoT market. Experts project that 40% of all IoT changes will be shaped by AI.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

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 83

Internet of Things Cost-Benefit Manufacturing IoT 83

CIO Business Intelligence

APRIL 11, 2022

There are many benefits that come along with making a city “smart.” It gives the city more information and data to help drive decision making leading to tremendous benefits that positively influence the lives of everyone who lives, works, and visits, such as: . public events like concerts or marathons.

IoT 145

IoT Measurement Cost-Benefit Deep Learning 145

CIO Business Intelligence

OCTOBER 16, 2023

Huawei’s digital manufacturing platform Huawei has some impressive examples of how its digital manufacturing methodologies and platform have delivered results in its own manufacturing lines, making full use of advanced technologies such as Artificial Intelligence, IoT and 5G. Liu Chao, CEO of Huawei’s Manufacturing and Large Enterprise BU.

Manufacturing 133

Manufacturing Strategy Cost-Benefit IoT 133

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. A lot of it.

Manufacturing 75

Manufacturing Technology IoT Internet of Things 75

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 110

Big Data Cost-Benefit IoT Consulting 110

Smart Data Collective

AUGUST 3, 2023

Its implementation offers numerous benefits and applications that streamline operations and enhance efficiency. Fleet managers increasingly turn to cutting-edge technologies to boost productivity and save costs. Look at the top blockchain benefits and how they improve fleet management.

Technology 84

Technology Management Cost-Benefit Manufacturing 84

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 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JULY 12, 2023

However, some things are common to virtually all types of manufacturing: expensive equipment and trained human operators are always required, and both the machinery and the people need to be deployed in an optimal manner to keep costs down. Moreover, lowering costs is not the only way manufacturers gain a competitive advantage.

Manufacturing 97

Manufacturing Cost-Benefit Data Lake Optimization 97

Smart Data Collective

JUNE 30, 2022

More companies are using data analytics to optimize their business models in creative ways. The IoT has helped improve logistics , but big data has been even more impactful. Cutting out the middleman allows companies to reduce their fixed-costs per unit, in what is known as economies of scale or diminishing marginal costs.

Analytics 111

Analytics Cost-Benefit Analytics Technologies Big Data 111

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. trillion in economic benefits by 2030. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

IBM Big Data Hub

AUGUST 8, 2023

Here are some of the most common business benefits sustainable transportation infrastructure yields to enterprises that make the investment. Climate change mitigation will require significant investments in sustainable transportation infrastructure, not just in Europe, the U.S.

Internet of Things 71

Internet of Things IoT Cost-Benefit Optimization 71

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

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

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 81

Consulting Cost-Benefit Optimization Machine Learning 81

CIO Business Intelligence

DECEMBER 6, 2022

Next-generation technologies such as private 5G enable this edge connectivity, while IoT technologies deliver connected devices. By processing the data on-site, companies can save on expensive backhaul transport costs required to deliver large amounts of data for traditional cloud processes.”

IoT 59

IoT Cost-Benefit Manufacturing Enterprise 59

CIO Business Intelligence

JANUARY 31, 2024

Cost is another major benefit, he says, with prices of five cents per KW/hour compared to about 30 cents or more in Germany. For example, using ML to route IoT messages may be unwarranted; you can express the logic with a rules engine.” Data analytics lead Diego Cáceres urges caution about when to use AI.

Cost-Benefit 125

Cost-Benefit Modeling Testing IoT 125

BizAcuity

NOVEMBER 22, 2022

Applications such as e-commerce, gaming, and the Internet of things (IoT) commonly require real-time views of what’s happening. This latency reduction is not guaranteed and can increase Snowpipe costs as more file ingestions are triggered. But, this again comes at a significantly increased cost. Operational Analytics.

Data Warehouse 98

Data Warehouse Cost-Benefit Data Lake Internet of Things 98

Smart Data Collective

SEPTEMBER 22, 2021

We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. Businesswire talked about some of the benefits of using big data in print services. There are a number off benefits of big data in any business. AI and data analytics is a true gamechanger in this sector.

Management 98

Management Cost-Benefit Big Data Data-driven 98

CIO Business Intelligence

APRIL 6, 2022

The first wave of edge computing: Internet of Things (IoT). For most industries, the idea of the edge has been tightly associated with the first wave of the Internet of Things (IoT). In addition, retrofitting existing equipment with sensors was often cost prohibitive. This led to slowing adoption rates of IoT.

IoT 100

IoT Internet of Things Data-driven Manufacturing 100

3AG Systems

MARCH 16, 2023

With the rise of the Internet of Things (IoT) and other advancements, we're now witnessing a revolution in how businesses operate. From embracing machine learning to leveraging datafication, manufacturers can harness the power of digital transformation to optimize their operations and navigate the complexities of an ever-evolving industry.

Digital Transformation 40

Digital Transformation Internet of Things Manufacturing IoT 40

CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says.

Enterprise 133

Enterprise Cost-Benefit Forecasting Strategy 133

IBM Big Data Hub

JANUARY 26, 2024

hereafter as Shuto Technology) to help a joint venture Original Equipment Manufacturer (OEM) in China to obtain information in an accurate and cost-effective way for on-site technicians. IBM® recently announced that it has worked with its business partner, Beijing Shuto Technology Co.,

Cost-Benefit 80

Cost-Benefit Enterprise Technology KPI 80