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 143

Predictive Analytics Technology Analytics Machine Learning 143

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 83

IoT Internet of Things Cost-Benefit Reporting 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] Four Key Benefits of an End-to-End Analytics Service As many tech and industry leaders are noting, [3] businesses are now prioritizing value and speed to deployment.

IoT 122

IoT Internet of Things Cost-Benefit Digital Transformation 122

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 Conclusion.

Technology 52

Technology Management IoT Cost-Benefit 52

IBM Big Data Hub

AUGUST 1, 2023

Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation. ” What is risk-based application patching? Modern unified endpoint management (UEM) solutions include laptop management.

Risk 57

Risk Management Machine Learning IoT 57

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 96

IT Digital Transformation IoT Cost-Benefit 96

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 86

Strategy Management Forecasting Cost-Benefit 86

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 55

Technology Cost-Benefit Optimization Internet of Things 55

CIO Business Intelligence

APRIL 4, 2024

Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We Production is another area that benefits from AI. “At On-time delivery has improved substantially,” she says.

Enterprise 129

Enterprise Cost-Benefit Forecasting Strategy 129

Cloudera

DECEMBER 18, 2018

Open source allows you to stay on the cutting edge, to have the latest and most innovative technologies at your disposal at all times. Defining these is, therefore, a crucial element, and Cloudera is now taking part in just that for the biggest revolution we’ve seen in business and society: the Internet of Things (IoT).

IoT 43

IoT Internet of Things Machine Learning Insurance 43

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. Liu Chao, CEO of Huawei’s Manufacturing and Large Enterprise BU.

Manufacturing 130

Manufacturing Strategy Cost-Benefit IoT 130

Timo Elliott

MAY 8, 2023

It monitors sensors and indicators powered by IoT, machine learning, and digital twin technology in real-time, in the form of graphs, geographical maps, and advanced analytics of equipment and systems.

IoT 103

IoT Cost-Benefit Machine Learning Risk 103

IBM Big Data Hub

JANUARY 15, 2024

While digital transformation has been a trend for some years, emerging technologies have made this movement even more important. For instance, organizations that are struggling to build their own IT services can assess whether some internal legacy tech should be replaced with technologies from software-as-a-service (SaaS) providers.

Digital Transformation 75

Digital Transformation Internet of Things IoT Consulting 75

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 96

Reporting Cost-Benefit Internet of Things Data-driven 96

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 74

Strategy Management Cost-Benefit IoT 74

Smart Data Collective

MARCH 23, 2022

AI technology is becoming an integral part of many industries. With the advances made in microprocessor technology in the early 1970s, the automotive industry soon developed their first, albeit primitive, versions of smart cars. There are a lot of benefits of utilizing AI technology in the automotive sector.

IoT 109

IoT Internet of Things Testing Cost-Benefit 109

Smart Data Collective

MARCH 28, 2021

Any rigid business that is hesitant to embrace cloud computing technology is bound to experience great challenges. Although there are many benefits of moving to the cloud , this decision is not without its risks. Reduced Costs and Downtime. This is a game-changer in industrial IoT applications.

Cost-Benefit 138

Cost-Benefit IoT Internet of Things Data-driven 138

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

CIO Business Intelligence

OCTOBER 17, 2023

No longer a nebulous, aspirational term equated with the concept “never trust, already verify,” zero trust has evolved into a solid technology framework that enables proactive defense and digital transformation as organizations embrace the cloud and hybrid work models. But what exactly does that mean? Zero trust has come a long way.

Digital Transformation 138

Digital Transformation B2B IoT Cost-Benefit 138

Cloudera

NOVEMBER 1, 2022

A quick trip in the congressional time machine to revisit 2017’s Modernizing Government Technology Act surfaces some of the most salient points regarding agencies’ challenges: The federal government spends nearly 75% of its annual information technology funding on operating and maintaining existing legacy information technology systems.

Cost-Benefit 85

Cost-Benefit Data Architecture Risk IoT 85

CIO Business Intelligence

OCTOBER 27, 2022

Customization gives way to standardization The traditional practice of enterprise technology leaders customizing an ERP solution to meet their specific enterprise or business needs is giving way to implementing an off-the-shelf solution. This is cumbersome and leads to additional cost.

IT 145

IT Cost-Benefit Finance Marketing 145

CIO Business Intelligence

DECEMBER 8, 2022

While organizations know they need to mitigate environmental risks more effectively across the supply chain, often they struggle to translate that ambition into results. There is a clear company risk in not being sustainable, both to the planet and to the business. Businesses need to do more than just track carbon output.

IoT 76

IoT ROI Risk Cost-Benefit 76

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

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 58

Cost-Benefit IoT Internet of Things Enterprise 58

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 94

IoT Internet of Things Data-driven Manufacturing 94

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? What major challenges and risks stand between the current state and the vision? What’s your goal?

Strategy 97

Strategy IT Cost-Benefit Finance 97

Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Big data has helped companies identify promising cost-saving measures, recruit the best talent, optimize their marketing strategies and realize many other benefits. However, the converse approach can also be useful. Here’s why.

Data-driven 103

Data-driven Cost-Benefit Data mining Big Data 103

CIO Business Intelligence

NOVEMBER 23, 2022

Modern EA strategies now extend this philosophy to the entire business, not just IT, to ensure the business is aligned with digital transformation strategies and technological growth. A good EA strategy considers the latest innovations in business processes, organizational structure, agility, information systems, and technologies.

Enterprise 121

Enterprise Cost-Benefit Digital Transformation Strategy 121

IBM Big Data Hub

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1. Lower fulfillment shipping costs and improved customer satisfaction.

Consulting 70

Consulting Cost-Benefit Manufacturing B2B 70

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. The IoT has helped improve logistics , but big data has been even more impactful. This is particularly true with logistics processes. Vertical integration.

Analytics 110

Analytics Cost-Benefit Analytics Technologies Big Data 110

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. However, there are also a number of ways to use data analytics technology to execute your offline marketing strategies such as print marketing effectively as well. Managed print services are essential for each business.

Management 98

Management Cost-Benefit Big Data Data-driven 98

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. Smart manufacturing at scale. The power of people.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

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. What is an asset?

Cost-Benefit 84

Cost-Benefit Measurement Management Predictive Analytics 84

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. Read our post: Okay, You Got a Knowledge Graph Built with Semantic Technology… And Now What? and other technologies for digital transformation of manufacturing systems.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

IBM Big Data Hub

MAY 26, 2023

This digitalization and need to share medical data are driving the demand for precision medical technologies. Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits.

Consulting 77

Consulting Cost-Benefit Optimization Machine Learning 77

CIO Business Intelligence

JANUARY 24, 2024

Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. One of the keys to benefiting from unstructured data is to define clear objectives, Miller says. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 134

Data Strategy Strategy Unstructured Data Data Governance 134

IBM Big Data Hub

NOVEMBER 30, 2023

IBM’s 2023 Cost of a Data Breach report reveals that the average cost of a data breach in India has increased to an all-time high of INR 179 million in 2023, which is approximately a 28% increase since 2020. These attacks have an exponentially ascending impact on the reputation and bottom line of businesses.

Cost-Benefit 71

Cost-Benefit Digital Transformation Data-driven Strategy 71