article thumbnail

Baldor’s first-ever CIO sets the transformation agenda

CIO Business Intelligence

But Parameswaran aims to parlay his expertise in analytics and AI to enact real-time inventory management and deploy IoT technologies such as sensors and trackers on industrial automation equipment and delivery trucks to accelerate procurement, inventory management, packaging, and delivery.

IoT 86
article thumbnail

The Future Of The Telco Industry And Impact Of 5G & IoT – Part II

Cloudera

The real opportunity for 5G however is going to be on the B2B side, IoT and mission-critical applications will benefit hugely. What that means is that this creates new revenue opportunities through IoT case uses and new services. 5G and IoT are going to drive an explosion in data.

IoT 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Data Lakes: What Are They and Who Needs Them?

Jet Global

To address the flood of data and the needs of enterprise businesses to store, sort, and analyze that data, a new storage solution has evolved: the data lake. What’s in a Data Lake? Data warehouses do a great job of standardizing data from disparate sources for analysis. Taking a Dip.

article thumbnail

4 ways generative AI addresses manufacturing challenges

IBM Big Data Hub

Facing a constant onslaught of cost pressures, supply chain volatility and disruptive technologies like 3D printing and IoT. Or we create a data lake, which quickly degenerates to a data swamp. Generative AI can create foundation models for assets. Foundation models are very handy if failure data is scarce.

article thumbnail

Using Artificial Intelligence to Make Sense of IoT Data

BizAcuity

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. Data is only useful when it is actionable for which it needs to be supplemented with context and creativity.

IoT 56
article thumbnail

McDermott data innovations fuel business transformation

CIO Business Intelligence

McDermott’s sustainability innovation would not have been possible without key advancements in the cloud, analytics, and, in particular, data lakes, Dave notes. But for Dave, the key ingredient for innovation at McDermott is data. Vagesh Dave. McDermott International. The structures for mining this fuel?

Data Lake 104
article thumbnail

Keys to Ensure that Data isn’t Slowing Down your Innovation Efforts

Cloudera

In digital transformation projects, it’s easy to imagine the benefits of cloud, hybrid, artificial intelligence (AI), and machine learning (ML) models. The hard part is to turn aspiration into reality by creating an organization that is truly data-driven. That way, the data can continue generating actionable insights. .