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 88

IT Digital Transformation IoT Cost-Benefit 88

CIO Business Intelligence

DECEMBER 8, 2022

This is designed to help manufacturing, transportation and other industries accelerate sustainability initiatives and make data-driven decisions to reduce their carbon footprint and become more efficient through the intelligent use of IoT connectivity. For example: NTT is leveraging computer vision to reduce waste in a logistics warehouse.

IoT 69

IoT ROI Cost-Benefit Risk 69

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 71

Strategy Management Cost-Benefit IoT 71

CIO Business Intelligence

AUGUST 3, 2022

When Cargill started putting IoT sensors into shrimp ponds, then CIO Justin Kershaw realized that the $130 billion agricultural business was becoming a digital business. To help determine where IT should stop and IoT product engineering should start, Kershaw did not call CIOs of other food and agricultural businesses to compare notes.

Finance 126

Finance IoT Digital Transformation Sales 126

Corinium

JUNE 6, 2019

For instance, for a variety of reasons, in the short term, CDAOS are challenged with quantifying the benefits of analytics’ investments. In the long run, we see a steep increase in the proliferation of all types of data due to IoT which will pose both challenges and opportunities. In addition, the traditional challenges remain.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

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. Enrich to Empower.

Technology 82

Technology Internet of Things ROI IoT 82

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. We track KPIs on execution (on-time delivery, cycle time for adoption), risks, outcomes for benefits (time to market, change failures, major incidents), and costs (TCO before and after adoption).”

Measurement 122

Measurement Digital Transformation KPI Metrics 122

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

Smart Data Collective

JUNE 16, 2022

Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general. However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE.

Business Analytics 121

Business Analytics Analytics Forecasting Business Analysis 121

IBM Big Data Hub

JUNE 30, 2023

Machinery, equipment, facilities and vehicles provide economic value or benefit operations. Organizations can’t work effectively if they don’t invest to keep their assets running cost-effectively throughout their lifecycle. Most organizations can’t run without physical assets. Let’s explore these in more depth.

Management 60

Management Cost-Benefit Enterprise IoT 60

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 80

Cost-Benefit Measurement Management Predictive Analytics 80

IBM Big Data Hub

SEPTEMBER 11, 2023

Forrester’s 2022 Total Economic Impact Report for Data Management highlights the impact Db2 and the IBM data management portfolio is having for customers: Return on investment (ROI) of 241% and payback <6 months. This helps remove unnecessary network and infrastructure latencies and reduce cost and security vulnerabilities.

Machine Learning 86

Machine Learning Cost-Benefit IoT Data Warehouse 86

Cloudera

AUGUST 22, 2021

It seems like there’s always something new to look out for every day, be it new use cases, technology or ways that organizations can benefit. This makes it tougher to understand the app dependencies and accurately assess for feasibility, costs, implementation and ultimately generate ROI. Cloud is ultimately just a vehicle.

Cost-Benefit 104

Cost-Benefit Strategy IoT ROI 104

AWS Big Data

OCTOBER 26, 2023

times lower cost per user and up to 7.9 times lower cost per user and up to 7.9 Read on to understand why price-performance matters and how Amazon Redshift price-performance is a measure of how much it costs to get a particular level of workload performance, namely performance ROI (return on investment).

Data Warehouse 96

Data Warehouse Cost-Benefit Dashboards Optimization 96

Smart Data Collective

JULY 17, 2019

New IOT devices will facilitate in-home senior care. The benefits of this are threefold: Artificial intelligence-driven robots reduce the need for human workers. This reduces the costs involved. Cutting marketing costs. Caring Senior Advisor has shared some ways that AI will re-define the future of senior care.

Cost-Benefit 83

Cost-Benefit Machine Learning Advertising IoT 83

IBM Big Data Hub

AUGUST 30, 2023

It is an enterprise cloud-based asset management platform that leverages artificial intelligence (AI) , the Internet of Things (IoT) and analytics to help optimize equipment performance, extend asset lifecycles and reduce operational downtime and costs. IBM Maximo customers will be required to move to IBM MAS when Maximo 7.x

Data Processing 67

Data Processing Cost-Benefit Internet of Things Enterprise 67

Corinium

APRIL 25, 2019

And more recently, we have also seen innovation with IOT (Internet Of Things). Most enterprises in the 21st century regard data as an incredibly valuable asset – Insurance is no exception - to know your customers better, know your market better, operate more efficiently and other business benefits. That’s the reward.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

Sisense

MARCH 13, 2019

It’s a wise decision, as the substantial benefits have become increasingly self-evident, such as faster decision-making, increased ROI, accelerated development, reduced time-to-market, lower TCO, lower burden on IT, and more empowered users, whatever their background and level of technical know-how. Customization and Open APIs.

Analytics 69

Analytics Business Intelligence ROI Cost-Benefit 69

Alation

AUGUST 2, 2022

To enjoy the benefits of customer centricity, start by implementing the right habits such as these outlined by Gartner. What Are The Benefits Of Customer Centricity? Explore some additional benefits that a customer centric approach can unlock: Customer Acquisition. Reduce customer acquisition costs.

Strategy 52

Strategy Cost-Benefit Metrics Data Lake 52