CIO Business Intelligence

MAY 11, 2022

Climate change concerns have already impacted data center strategies. Take Singapore as an example, where climate change concerns have already impacted data center strategies. This results in inflated costs and unwarranted energy consumption. Another essential aspect to consider is infrastructure decommissioning.

Strategy 94

Strategy Digital Transformation Cost-Benefit Machine Learning 94

IBM Big Data Hub

APRIL 22, 2024

We believe there are three core areas that every organization should focus on: sustainability strategy and reporting; energy transition and climate resilience; and intelligent asset, facility and infrastructure management. This approach can help organizations to more easily establish a sustainability strategy across the business.

IoT 83

IoT Internet of Things Cost-Benefit Reporting 83

IBM Big Data Hub

JUNE 30, 2022

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. Learn more about how to design and implement a data strategy that takes advantage of a hybrid multicloud landscape.

Data Strategy 57

Data Strategy Strategy Business Objectives Data-driven 57

Smart Data Collective

OCTOBER 16, 2023

IoT Sensors generate IoT data. Develop marketing strategies Historically, a marketing blunder might be quite costly to a company. Because of this increased focus, marketing activity can have a more precise strategy, be more effective, and cost less. Additionally, getting more innovative than competitors is a gain.

Big Data 100

Big Data IoT Cost-Benefit Advertising 100

IBM Big Data Hub

JANUARY 15, 2024

A recent study found that McKinsey research shows that organizations that “launched some flavor of digital transformation,” have only experienced a third of the expected revenue benefits on average. The Internet of Things (IoT) enables technologies to connect and communicate with each other.

Digital Transformation 75

Digital Transformation Internet of Things IoT Consulting 75

CIO Business Intelligence

APRIL 4, 2024

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. Webster Bank is following a similar strategy. 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

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 95

IT Digital Transformation IoT Cost-Benefit 95

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

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

Cloudera

MAY 4, 2022

When a company embraces an AI-first strategy , it makes a conscious decision to transform itself today and set itself up for ongoing innovation and adaptation in the future. . Benefits aplenty. The beauty of AI is that it promises to deliver more benefits than you can even imagine. The future is now.

Cost-Benefit 129

Cost-Benefit Internet of Things Insurance Data-driven 129

CIO Business Intelligence

APRIL 11, 2022

There are many benefits that come along with making a city “smart.” It gives the city more information and data to help drive decision making leading to tremendous benefits that positively influence the lives of everyone who lives, works, and visits, such as: . Ready to evolve your analytics strategy or improve your data quality?

IoT 145

IoT Measurement Cost-Benefit Technology 145

Cloudera

JANUARY 30, 2024

There are many functional areas within manufacturing where manufacturers will see AI’s massive benefits. According to Gartner , 80 percent of manufacturing CEOs are increasing investments in digital technologies—led by artificial intelligence (AI), Internet of Things (IoT), data, and analytics. That is a very low number.

Manufacturing 78

Manufacturing Contextual Data IoT Digital Transformation 78

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 102

Data-driven Cost-Benefit Data mining Big Data 102

CIO Business Intelligence

NOVEMBER 23, 2022

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.

Enterprise 121

Enterprise Cost-Benefit Digital Transformation Strategy 121

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. IoT automates data collection, in addition to simplifying data mining. Below are some of these trends.

Big Data 136

Big Data Management Cost-Benefit Internet of Things 136

IBM Big Data Hub

MARCH 27, 2024

Other leaders remind you that the company’s primary allegiance is to the bottom line and that your solution needs to be cost-effective and “thread the needle” by providing the most return for the least investment possible. Development costs to survey the land, clear the site and prepare it for construction.

Cost-Benefit 106

Cost-Benefit Internet of Things Recreation/Entertainment Marketing 106

CIO Business Intelligence

FEBRUARY 17, 2023

In fact, the 150-year-old OEM used the business slowdown to develop its digital transformation strategy to reinvent itself internally and grow the internal value of the company, as well as the external value it provides its customers, says Mike Lee, senior vice president and CIO of Konica Minolta Business Solutions USA.

Digital Transformation 104

Digital Transformation IoT Manufacturing Sales 104

CIO Business Intelligence

DECEMBER 6, 2023

British multinational packaging giant DS Smith has committed itself to ambitious sustainability goals, and its IT strategy to standardize on a single cloud will be a key enabler. The single-cloud platform strategy will include SaaS partners used for automation of more than 40 enterprise applications, Dickson says.

Manufacturing 79

Manufacturing Data Lake Digital Transformation Machine Learning 79

Smart Data Collective

JUNE 30, 2022

Analytics Technology Helps Companies Bolster their Logistics Strategies. The IoT has helped improve logistics , but big data has been even more impactful. We’ve narrowed down the key strategies modern companies are using to enhance logistical management with data analytics technology. Vertical integration.

Analytics 109

Analytics Cost-Benefit Analytics Technologies Big Data 109

CIO Business Intelligence

MAY 16, 2022

To reap the benefits, organizations need to modernize with a decentralized data strategy that delivers the speed and flexibility necessary for driving smarter outcomes for the business. billion connected IoT devices by 2025, generating almost 80 billion zettabytes of data at the edge. How edge refines data strategy.

IoT 82

IoT Data Warehouse Internet of Things Machine Learning 82

CIO Business Intelligence

JANUARY 23, 2023

The pandemic has led many organizations in the Middle East to shift towards a digital-first strategy. A quarter of the respondents say they are now extending the digital-first strategies developed during the pandemic. over the next 10 years, and the strategy is already bearing fruit.

IoT 109

IoT Strategy Cost-Benefit Digital Transformation 109

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

CIO Business Intelligence

JANUARY 12, 2023

Answering these concerns, smart factories are moving to another edge: edge computing, where operational data from Internet of Things (IoT) sensors can be collected and processed for insights in near-real-time. 2] As with any advancement in technology, edge computing comes with benefits and drawbacks. A lot of it.

Manufacturing 73

Manufacturing Technology IoT Internet of Things 73

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. This awareness can add clarity to your security strategy for endpoints, including those in cloud environments. Cloud realities for endpoint security.

IoT 64

IoT Cost-Benefit Forecasting Enterprise 64

IBM Big Data Hub

FEBRUARY 7, 2024

1 In pursuit of net zero, organizations will focus their sustainability efforts on two paths in 2024: Clean energy : The transition from fossil fuels to renewable energy sources is central to sustainability strategies and net zero initiatives, and was a central issue last year at the United Nations’ COP28 climate summit.

Reporting 96

Reporting Cost-Benefit Internet of Things Data-driven 96

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 75

IoT ROI Risk Cost-Benefit 75

IBM Big Data Hub

MAY 23, 2023

The rise of interconnected technologies like the Internet of Things (IoT), electric vehicles, geolocation and mobile technology have made it possible to orchestrate how people and goods flow from one place to another, especially in densely-packed urban areas. The solution is smart transportation.

Internet of Things 74

Internet of Things IoT Broadcasting Cost-Benefit 74

IBM Big Data Hub

AUGUST 8, 2023

Here are some of the most common business benefits sustainable transportation infrastructure yields to enterprises that make the investment. Both strategies help enterprises better plan for maintenance and avoid costly shutdowns that can impact the entire business.

Internet of Things 68

Internet of Things IoT Cost-Benefit Optimization 68

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 82

Technology Management Cost-Benefit Manufacturing 82

Smart Data Collective

SEPTEMBER 26, 2019

We have smartphones, smart speakers, smart cars and an entire Internet of Things (IoT) filled with devices meant to make our lives easier and more intuitive. Around 80% of companies indicate worries about their ability to keep up with the massive amounts of data generated by the IoT and make sense of everything. Reduce Fleet Costs.

Internet of Things 70

Internet of Things IoT Cost-Benefit Insurance 70

Cloudera

NOVEMBER 1, 2022

These systems can pose operational risks, including rising costs and the inability to meet mission requirements. . But the public sector has unique challenges with a wholesale migration of data to the public cloud, most exemplified in the shift from cloud first to a cloud smart approach in the Federal Cloud Computing Strategy.

Cost-Benefit 85

Cost-Benefit Data Architecture Risk IoT 85

IBM Big Data Hub

JUNE 30, 2023

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. The possibilities?

Consulting 70

Consulting Cost-Benefit Manufacturing B2B 70

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 93

IoT Internet of Things Data-driven Manufacturing 93

CIO Business Intelligence

OCTOBER 13, 2022

As companies fast-track IT modernization to accelerate digital transformation and gain business advantage, there is an opportunity to rearchitect a greener IT environment and application portfolio that will drive cost efficiencies and contribute to broader corporate sustainability goals. of all global carbon emissions.

IT 57

IT Cost-Benefit Internet of Things IoT 57

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. No more policy vacuum Cybersecurity in business strategy is taking center stage in India.

Cost-Benefit 71

Cost-Benefit Digital Transformation Data-driven Strategy 71

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 144

Manufacturing Digital Transformation IoT Internet of Things 144

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.

Cost-Benefit 103

Cost-Benefit Strategy IoT Digital Transformation 103