Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Global companies spent over $92.5 Here’s why.

Data-driven 103

Data-driven Cost-Benefit Data mining Big Data 103

Smart Data Collective

SEPTEMBER 30, 2021

It indicates that businesses should do everything they can to protect their critical data. This article will help you to understand how remote working has caused cybercrime, its consequences, and proactive measures focusing on AI-driven cybersecurity apps to handle this critical issue. Cybercrime and IoT devices.

Optimization 112

Optimization IoT Cost-Benefit Data-driven 112

BizAcuity

JUNE 16, 2022

Under this model, the strategy is to make use of both private (for highly confidential data) and public cloud infrastructure for cost and performance optimization. A well-calculated combination can do miracles for cost saving without compromising on data security. Single Cloud Strategy. Multi-Cloud Strategy.

Data-driven 52

Data-driven IoT Data Processing Optimization 52

Cloudera

SEPTEMBER 15, 2023

The world is awash with data, no more so than in the telecommunications (telco) industry. With some Cloudera customers ingesting multiple petabytes of data every single day — that’s multiple thousands of terabytes! Access and the exchange of data is critical for managing the operations in many industries.

Strategy 79

Strategy Advertising IoT B2B 79

CIO Business Intelligence

JANUARY 26, 2024

But it is the cloud — and Ford’s cloud-first strategy — that is propelling Ford’s transformation where the rubber meets the road. Google Cloud’s strength in data analysis and AI tools is a perfect fit for this new world of software-defined vehicles,” McCarthy says. “It We use the cloud software that we’re building.

IoT 105

IoT Manufacturing Digital Transformation Internet of Things 105

IBM Big Data Hub

JULY 5, 2023

Asset lifecycle management (ALM) is a data-driven approach that many companies use to care for their assets, maximize their efficiency and increase their profitability. But where do you start and how do you know which ALM strategy is right for you? A sound ALM strategy ensures compliance no matter where data is being stored.

Strategy 53

Strategy Management IoT Cost-Benefit 53

IBM Big Data Hub

JANUARY 8, 2024

3 reasons why digital transformation is tied to business strategy A digital transformation journey involves the introduction of new technologies—and business processes related to those technologies—to optimize customer experience and improve relationships with other stakeholders. ” Why?

Digital Transformation 62

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 62

CIO Business Intelligence

FEBRUARY 14, 2023

By George Trujillo, Principal Data Strategist, DataStax Increased operational efficiencies at airports. Titanium Intelligent Solutions, a global SaaS IoT organization, even saved one customer over 15% in energy costs across 50 distribution centers , thanks in large part to AI. Instant reactions to fraudulent activities at banks.

Data Strategy 103

Data Strategy Strategy Machine Learning Data-driven 103

Cloudera

DECEMBER 20, 2022

Efficient use of data will therefore be critical to improving the competitiveness and productivity of assets, both traditional and renewable generation. Data efficiency in renewables. Effective use of data can have a direct impact on the cash flow of wind and solar generation companies in areas such as real-time decision making.

Optimization 81

Optimization Data Analytics Analytics Cost-Benefit 81

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. The world is behind on addressing climate change.

IoT 79

IoT Internet of Things Cost-Benefit Reporting 79

AWS Big Data

JANUARY 8, 2024

We’re living in the age of real-time data and insights, driven by low-latency data streaming applications. The volume of time-sensitive data produced is increasing rapidly, with different formats of data being introduced across new businesses and customer use cases.

Analytics 115

Analytics IoT Data-driven Snapshot 115

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. But with this data — along with some context about the business and process — manufacturers can leverage AI as a key building block to develop and enhance operations.

Manufacturing 79

Manufacturing Contextual Data IoT Digital Transformation 79

AWS Big Data

MAY 16, 2024

In this post, we discuss how Amazon Redshift spatial index functions such as Hexagonal hierarchical geospatial indexing system (or H3) can be used to represent spatial data using H3 indexing for fast spatial lookups at scale. Navigating the vast landscape of data-driven insights has always been an exciting endeavor.

Data Warehouse 109

Data Warehouse Visualization Cost-Benefit Optimization 109

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. As IoT devices generate large volumes of data, AI is functionally necessary to make sense of this data.

IoT 56

IoT Internet of Things Big Data Data-driven 56

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. Another way of saying this is: given observed data X, we can predict some outcome Y. Or more simply: given X, find Y.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

CIO Business Intelligence

JANUARY 23, 2024

Keep the number of metrics small and manageable, ideally three or four, and at most seven key ones because people cannot focus on multiple pages of data.” Efficiency metrics might show the impacts of automation and data-driven decision-making. He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 123

Measurement Digital Transformation KPI Metrics 123

IBM Big Data Hub

MAY 31, 2023

Your maintenance strategy may not be the first thing that springs to mind when thinking about the bottom line. Yet, given that machinery, equipment and systems keep businesses running, maintenance strategies have a major role to play. Both strategies aim at reducing the risk of catastrophic or costly problems.

Cost-Benefit 89

Cost-Benefit Strategy IoT Internet of Things 89

AWS Big Data

APRIL 11, 2023

Accurately predicting demand for products allows businesses to optimize inventory levels, minimize stockouts, and reduce holding costs. Such a solution should use the latest technologies, including Internet of Things (IoT) sensors, cloud computing, and machine learning (ML), to provide accurate, timely, and actionable data.

Forecasting 78

Forecasting Management IoT Data-driven 78

CIO Business Intelligence

JANUARY 24, 2024

The Agent Swarm evolution has been propelled by advancements in computing, artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT). This flexibility renders agent assemblies an essential element in contemporary automation strategies.

IoT 92

IoT Machine Learning Optimization Internet of Things 92

CIO Business Intelligence

DECEMBER 11, 2023

Now, it’s time to pay for it, and that’s putting a spotlight squarely on the chief financial officer (CFO), who has increasingly become the gatekeeper deciding which projects get funded and how significantly AI will play a role in enterprise strategy. For the CFOs at the center of that transformation, the stakes are higher than ever.

Finance 86

Finance Forecasting IoT Predictive Modeling 86

IBM Big Data Hub

MAY 31, 2023

There are many overlapping business usage scenarios involving both the disciplines of the Internet of Things (IoT) and edge computing. This use case involves devices and equipment embedded with sensors, software and connectivity that exchange data with other products, operators or environments in real-time.

Internet of Things 90

Internet of Things Manufacturing IoT Data-driven 90

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. Much of our digital agenda is around data. Before we were quite fragmented across different technologies.

Manufacturing 73

Manufacturing Data Lake Digital Transformation Machine Learning 73

CIO Business Intelligence

NOVEMBER 29, 2022

By George Trujillo, Principal Data Strategist, DataStax Innovation is driven by the ease and agility of working with data. Increasing ROI for the business requires a strategic understanding of — and the ability to clearly identify — where and how organizations win with data.

Data Architecture 92

Data Architecture Data Integration IoT Strategy 92

CIO Business Intelligence

APRIL 11, 2022

With the focus shifting to distributed data strategies, the traditional centralized approach can and should be reimagined and transformed to become a central pillar of the modern IT data estate. billion connected Internet of Things (IoT) devices by 2025, generating almost 80 billion zettabytes of data at the edge.

Optimization 52

Optimization Data Lake Data Strategy Internet of Things 52

Cloudera

MAY 9, 2023

The company also provides a variety of solutions for enterprises, including data centers, cloud, security, global, artificial intelligence (AI), IoT, and digital marketing services. Supporting Data Access to Achieve Data-Driven Innovation Due to the spread of COVID-19, demand for digital services has increased at SoftBank.

Data Lake 89

Data Lake IoT Data Governance Data Strategy 89

CIO Business Intelligence

FEBRUARY 7, 2024

Digital Transformation is a key pillar of Mobily’s GAIN strategy. Mobily has successfully executed the GAIN strategy in 2021, amongst its four core tracks: grow core revenue, accelerate digital revenue streams and implement and optimize efficient delivery. What impact has the national ICT strategy had on these advancements?

Digital Transformation 52

Digital Transformation Strategy IoT Optimization 52

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 is a challenge.

Manufacturing 142

Manufacturing Digital Transformation IoT Internet of Things 142

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts are often driven by stakeholder expectations, regulatory requirements and the recognition that sustainable business practices can improve the bottom line. 2 For example, some are turning to software solutions that can more easily capture, manage and report ESG data. trillion to the global economy by 2050.

Reporting 91

Reporting Internet of Things Cost-Benefit Data-driven 91

DataKitchen

APRIL 13, 2021

This is not surprising given that DataOps enables enterprise data teams to generate significant business value from their data. Companies that implement DataOps find that they are able to reduce cycle times from weeks (or months) to days, virtually eliminate data errors, increase collaboration, and dramatically improve productivity.

Testing 300

Testing Machine Learning Consulting Data Quality 300

Rocket-Powered Data Science

JULY 21, 2023

Here are four specific metrics from the report, highlighting the potentially huge enterprise system benefits coming from implementing Splunk’s observability and monitoring products and services: Four times as many leaders who implement observability strategies resolve unplanned downtime in just minutes, not hours or days.

Machine Learning 190

Machine Learning Metrics Reporting Internet of Things 190

CIO Business Intelligence

JANUARY 20, 2023

Topping the list of executive priorities for 2023—a year heralded by escalating economic woes and climate risks—is the need for data driven insights to propel efficiency, resiliency, and other key initiatives. 2] Foundational considerations include compute power, memory architecture as well as data processing, storage, and security.

Analytics 123

Analytics Key Performance Indicator Unstructured Data IoT 123

CIO Business Intelligence

MARCH 24, 2023

Shifting macro-economic influences and changing customer expectations spark new business models, channel strategies, and strategic partnerships. To keep pace, retailers require a strong digital core that delivers powerful data-driven insights while staying compliant, maintaining security, and preventing fraud.

Machine Learning 88

Machine Learning IoT Data-driven Predictive Analytics 88

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). These data flows then had to be correlated into what is commonly referred to as sensor-fusion. This led to slowing adoption rates of IoT.

IoT 87

IoT Internet of Things Data-driven Manufacturing 87

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. With edge computing, those functions are performed much closer to where the data is created, such as on the factory floor.

Manufacturing 73

Manufacturing Technology IoT Internet of Things 73

bridgei2i

OCTOBER 7, 2020

Adoption of Automated Sales & Underwriting Strategies can Transform Insurance. To catch up, underwriting which typically involved manual involvement in garnering data from documents has to change radically. Sometimes due to excessive volume of data, an underwriter can get confused and is unable to measure risk appropriately.

Insurance 52

Insurance Sales Strategy Digital Transformation 52

AWS Big Data

NOVEMBER 14, 2023

Data is a key strategic asset for every organization, and every company is a data business at its core. However, in many organizations, data is typically spread across a number of different systems such as software as a service (SaaS) applications, operational databases, and data warehouses.

IoT 55

IoT Data-driven Data Lake Data Strategy 55

IBM Big Data Hub

MARCH 28, 2024

As cloud computing continues to transform the enterprise workplace, private cloud infrastructure is evolving in lockstep, helping organizations in industries like healthcare, government and finance customize control over their data to meet compliance, privacy, security and other business needs. billion by 2033, up from USD 92.64

Enterprise 100

Enterprise Cost-Benefit Data Processing Software 100