CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. Almost 33% of respondents claim that machine learning can lead to improved customer experience. 5G aids customer service.

Predictive Analytics 142

Predictive Analytics Technology Analytics Machine Learning 142

Smart Data Collective

APRIL 20, 2023

There are many ways businesses are using big data to make better decisions and operate more efficiently Organizations can use big data to optimize expenses and reduce costs. One of the many ways big data is helping companies operate more cost-effectively is through the construction of smart buildings.

Internet of Things 133

Internet of Things Cost-Benefit Big Data Data-driven 133

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 57

Technology Cost-Benefit Optimization Internet of Things 57

IBM Big Data Hub

APRIL 22, 2024

To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. This Earth Day, we are calling for action to conserve our scarcest resource: the planet.

IoT 85

IoT Internet of Things Cost-Benefit Reporting 85

BizAcuity

JULY 22, 2019

This is the era of IoT (the Internet of Things). It all boils down to having the right technology tools to manage fleet, which can provide a huge competitive advantage for businesses belonging to any industry. This data is gathered by the Internet of Things (IoT) devices. The Benefits of Fleet Management Optimization.

IoT 93

IoT Management Internet of Things Optimization 93

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 97

IT Digital Transformation IoT Cost-Benefit 97

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. What is Blockchain Technology? Industry 5.0

Technology 52

Technology Management IoT Cost-Benefit 52

CIO Business Intelligence

MARCH 30, 2022

In today’s transformative business environment, emerging technology has a decisive role to play in an organization’s innovations, customer experience and overall success. These technologies can help companies create powerful transformations to drive revenue and outshine the competition. Visualize for Value.

Technology 90

Technology Internet of Things ROI IoT 90

CIO Business Intelligence

SEPTEMBER 12, 2023

That’s because the 5G technology powering your phone remains intact, giving you a reassuring sense of security and an open line of communication with weather updates, friends and family during the storm. The benefits are extraordinary. In enterprises, Deloitte calls 5G a novel “force multiplier” to Wi-Fi technology.

Enterprise 100

Enterprise Cost-Benefit Manufacturing IoT 100

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 116

Internet of Things IoT Cost-Benefit Interactive 116

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 124

Risk Cost-Benefit Modeling Optimization 124

IBM Big Data Hub

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. To mitigate these risks , companies need the resources and technology to develop robust contingency plans. But perhaps most relevant today are the capabilities within SCM to help mitigate disruption.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

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

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. This necessity has resulted in the development of digital technology focused on these functions.

Big Data 137

Big Data Management Cost-Benefit Internet of Things 137

CIO Business Intelligence

OCTOBER 16, 2023

The world of manufacturing is undergoing a quiet revolution: the integration of Operational Technology (OT) and Information Technology (IT). For decades, businesses have focused on IT development, while OT has trailed decades behind in technological advancement.

Manufacturing 131

Manufacturing Strategy Cost-Benefit IoT 131

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.

Manufacturing 78

Manufacturing Contextual Data IoT Digital Transformation 78

CIO Business Intelligence

APRIL 11, 2022

More cities than ever before are investing in smart city technology and changing how cities operate. There are many benefits that come along with making a city “smart.” In just three years, Doral has implemented 40 percent of the smart city technology measures identified by the National League of Cities.

IoT 145

IoT Measurement Cost-Benefit Deep Learning 145

bridgei2i

JUNE 3, 2020

Consumer Technology & Durables (CTD) in the COVID-19 Era. This explains the exponential growth Consumer Technology & Durables (CTD) has seen in the past few years. 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.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

Jen Stirrup

AUGUST 18, 2023

92% of oil & gas companies are diving into AI, bridging efficiency gaps with transformative technology, according to a recent Forbes article , and now is the time to participate in shaping the energy industry’s future. From a cost perspective, AI keeps reducing downtime.

Optimization 96

Optimization Cost-Benefit IoT Data-driven 96

AWS Big Data

MAY 16, 2024

As technology continues to evolve, one specific facet of this journey is reaching unprecedented proportions: geospatial data. Because of this, many organizations are utilizing them as a support geography, aggregating their data to these grids to optimize both their storage and analysis.

Data Warehouse 87

Data Warehouse Visualization Cost-Benefit Optimization 87

Smart Data Collective

SEPTEMBER 16, 2022

Big data technology is shaping the future of healthcare. One of the biggest benefits of big data in healthcare has been in the field of virtual healthcare. Big data technology is helping make this new field even more promising. Big data technology is helping make this new field even more promising.

Big Data 111

Big Data Cost-Benefit IoT Consulting 111

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. Taking out the trash Division Drift has been key to disruptively digitize Svevia’s remit with the help of the internet of things (IoT), data collection, and data analysis.

Risk 82

Risk Cost-Benefit Digital Transformation Internet of Things 82

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 89

Management Internet of Things Cost-Benefit Uncertainty 89

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

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 76

IoT Cost-Benefit Manufacturing Enterprise 76

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. 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

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 144

Manufacturing Digital Transformation IoT Internet of Things 144

IBM Big Data Hub

JANUARY 26, 2024

IBM® recently announced that it has worked with its business partner, Beijing Shuto Technology Co., 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.

Cost-Benefit 79

Cost-Benefit Enterprise Technology KPI 79

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 94

Manufacturing Cost-Benefit Data Lake Optimization 94

Smart Data Collective

JUNE 30, 2022

Smart companies realize that analytics technology needs to be at the core of their business models. Analytics Technology Helps Companies Bolster their Logistics Strategies. More companies are using data analytics to optimize their business models in creative ways. This is particularly true with logistics processes.

Analytics 111

Analytics Cost-Benefit Analytics Technologies Big Data 111

CIO Business Intelligence

JUNE 5, 2023

Unified experiences are seamless digital interactions that rely on bridging the boundaries between different technologies, locations, teams, and things. They are connected industrial and Internet of Things (IoT) experiences that drive optimization of operational productivity and flexibility without compromising security.

Internet of Things 77

Internet of Things Cost-Benefit Manufacturing IoT 77

IBM Big Data Hub

AUGUST 8, 2023

But it won’t be enough to simply repair and rebuild existing infrastructure using the same methods and technologies they were built with in the first place. Here are some of the most common business benefits sustainable transportation infrastructure yields to enterprises that make the investment.

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. Read our post: Okay, You Got a Knowledge Graph Built with Semantic Technology… And Now What? Manufacturing and Industry 4.0 And that’s not all.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

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 130

Enterprise Cost-Benefit Forecasting Strategy 130

DataKitchen

JULY 27, 2023

Azure Databricks Workflows : An Apache Spark-based analytics platform optimized for the Microsoft Azure cloud services platform. Azure HDInsight: A fully managed cloud service that makes processing massive amounts of data easy, fast, and cost-effective. Cost: Different tools have different pricing structures. Oozie on HDInsight.

Machine Learning 130

Machine Learning Cost-Benefit Data Transformation Testing 130

CIO Business Intelligence

JULY 31, 2023

To spend on technology and digital at a rate slower than that of revenue growth, enabling scale and simplifying your environment? How will the vision be enabled by disruptive technologies like Generative AI , IoT, and Cloud? How much will it cost? What’s the vision for IT? What’s your goal? What about for your employees?

Strategy 96

Strategy IT Cost-Benefit Finance 96

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