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 101

Reporting Cost-Benefit Internet of Things Data-driven 101

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 80

Strategy Management Cost-Benefit IoT 80

CIO Business Intelligence

OCTOBER 16, 2023

Two significant changes have prompted a reassessment: first, business transformation projects necessitate comprehensive process evaluations, so the two domains can’t be viewed separately anymore; second, the growing emphasis on security has highlighted the substantial risks of using outdated, unmonitored technology.

Manufacturing 133

Manufacturing Strategy Cost-Benefit IoT 133

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

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

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 134

Enterprise Cost-Benefit Forecasting Strategy 134

Ontotext

APRIL 6, 2023

More and more companies are using them to improve a variety of tasks from product range specification and risk analysis to supporting self-driving cars. 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.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

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

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

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 82

Consulting Cost-Benefit Optimization Machine Learning 82

IBM Big Data Hub

JUNE 30, 2023

Optimize your maintenance inventory. As an added benefit, this can reduce working capital tied up to carrying high M&R part inventory levels. ​ Ensuring improved performance by proving out fulfillment scenarios prior to go-live​ Intelligently balancing omnichannel fulfillment costs against service to protect margins.

Consulting 75

Consulting Cost-Benefit Manufacturing B2B 75

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. What major challenges and risks stand between the current state and the vision? How much will it cost?

Strategy 98

Strategy IT Cost-Benefit Finance 98

IBM Big Data Hub

JUNE 29, 2023

When a critical asset like an expensive piece of machinery or infrastructure breaks unexpectedly, it affects customers and can cost companies millions. Enterprises are constantly looking for new ways to optimize performance, increase reliability and extend asset lifespans—all without adding unnecessary costs.

Cost-Benefit 89

Cost-Benefit Measurement Management Predictive Analytics 89

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 99

Management Cost-Benefit Big Data Data-driven 99

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 105

IoT Internet of Things Data-driven Manufacturing 105

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 62

Cost-Benefit IoT Internet of Things Enterprise 62

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. Drilling operations optimization : Drilling operations are complex and costly.

Technology 59

Technology Cost-Benefit Optimization Internet of Things 59

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

Cloudera

AUGUST 3, 2021

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Digital Transformation is not without Risk.

Analytics 109

Analytics Digital Transformation Risk Forecasting 109

BizAcuity

NOVEMBER 22, 2022

and without that, you run the risk of querying outdated values and returning irrelevant analytics. Applications such as e-commerce, gaming, and the Internet of things (IoT) commonly require real-time views of what’s happening. But, this again comes at a significantly increased cost. Operational Analytics. Conclusion.

Data Warehouse 98

Data Warehouse Cost-Benefit Data Lake Internet of Things 98

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. Collaborate Early and Often.

Technology 98

Technology Internet of Things ROI IoT 98

CIO Business Intelligence

JANUARY 24, 2024

At Vanguard, “data and analytics enable us to fulfill on our mission to provide investors with the best chance for investment success by enabling us to glean actionable insights to drive personalized client experiences, scale advice, optimize investment and business operations, and reduce risk,” Swann says.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

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. Without visibility and control of endpoints wherever they may be, the risk of a security breach increases. Compliance and data privacy for cloud endpoints.

IoT 64

IoT Cost-Benefit Forecasting Enterprise 64

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

BizAcuity

JULY 15, 2022

Quite recently, the logistics industry was introduced to Edge and Fog cloud computing , to make the use of IoT devices (for analytics) cost-effective and efficient. As a result, the demand for IoT devices is expected to sky-rocket in the near-future. These features make it a transparent and trusted system to work with.

Technology 52

Technology Management IoT Cost-Benefit 52

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. To fulfill this, companies can be transparent about their strategies and risk management. Governance.

IT 98

IT Internet of Things Strategy IoT 98

BizAcuity

APRIL 1, 2023

and without that, you run the risk of querying outdated values and returning irrelevant analytics. Operational Analytics Applications such as e-commerce, gaming, and the Internet of things (IoT) commonly require real-time views of what’s happening. But, this again comes at a significantly increased cost.

Data Warehouse 52

Data Warehouse Cost-Benefit Data Lake Internet of Things 52

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

CDW Research Hub

JANUARY 31, 2020

From expanding data privacy regulations to the heightened security concerns of IoT devices, application security is coming into focus for cybersecurity professionals. How app security benefits the organization. Optimizing their experience—no matter where they are in the world—is vitally important to meeting their expectations.

IT 52

IT IoT Cost-Benefit Testing 52

Cloudera

NOVEMBER 19, 2018

Sustainable development benefits corporations that embrace it as well as benefitting the world-wide community. This IoT platform is being implemented for a variety of use cases including the following: Determining crop production, fertilizer usage, and yield rates on large farms. Maximizing efficiencies in aquaponics.

Digital Transformation 40

Digital Transformation IoT Cost-Benefit Uncertainty 40

CIO Business Intelligence

OCTOBER 30, 2023

And this goes for government organizations as well as private corporations, as adaptability enables improved mission effectiveness, improved citizen service, increased operational efficiency, faster response times, the ability to do more with less, and reduced costs.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

IBM Big Data Hub

MAY 15, 2024

Business leaders risk compromising their competitive edge if they do not proactively implement generative AI (gen AI). This situation will exacerbate data silos, increase costs and complicate the governance of AI and data workloads. Users lower egress costs. However, businesses scaling AI face entry barriers.

Cost-Benefit 60

Cost-Benefit Data Integration Data Architecture Manufacturing 60

CIO Business Intelligence

JANUARY 23, 2024

For example, manufacturers should capture how predictive maintenance tied to IoT and machine learning saves money and reduces outages. Risk reduction metrics can focus on security, business continuity, and compliance functions impacted by technology, data, and process improvements.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

JANUARY 3, 2024

These objections often include, “But we’ve always done it this way” (resistance to change), “It works just fine as is” (accepting the status quo which may be a sub-optimal solution), “Let’s wait until post-build” (pushing things off until later), “Let’s start with the metaverse” (being distracted by shiny objects), and more.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

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 100

Cost-Benefit Strategy IoT Internet of Things 100

CIO Business Intelligence

APRIL 4, 2023

However, the transformative benefits of cloud cannot be realized (or may even be negated!) Compliance and security: Securing the network is harder than ever before due to the rapid implementation of cloud-based services in response to the pandemic and the increasing adoption of IoT. without a modern network to support it.

Marketing 97

Marketing Management Cost-Benefit IoT 97

CIO Business Intelligence

AUGUST 15, 2023

A risk-limiting audit (RLA) is one audit type used for election verification. With the avatar deployed, CSN officials plan to measure whether Digital President Zaragoza improves student engagement, learning outcomes, student satisfaction, retention, and accessibility, in addition to producing time and costs savings.

IT 98

IT Manufacturing IoT Cost-Benefit 98