Remove Cost-Benefit Remove IoT Remove Predictive Analytics Remove Strategy
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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

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Innovative data integration in 2024: Pioneering the future of data integration

CIO Business Intelligence

AI-powered data integration tools leverage advanced algorithms and predictive analytics to automate and streamline the data integration process. According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success.

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Best Ways to Integrate Big Data into Your Business

Smart Data Collective

IoT Sensors generate IoT data. For example, predictive analytics detect unlawful trading and fraudulent transactions in the banking industry. Develop marketing strategies Historically, a marketing blunder might be quite costly to a company. Businesses from all industries can benefit from the available data.

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What is asset reliability?

IBM Big Data Hub

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. What is an asset?

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P&G turns to AI to create digital manufacturing of the future

CIO Business Intelligence

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. Smart manufacturing at scale. The power of people.

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Why Data-Driven Outsourcing Can Be a Massive Win for Your Business

Smart Data Collective

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.

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Edge Computing is Thriving in the Cloud Era

CIO Business Intelligence

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.

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