Smart Data Collective

JUNE 19, 2022

Finally, unexpected or unavoidable events, like the blockage of a major trade route or unprecedented and severe storms , can cause catastrophic delays that shut down manufacturing or prevent trade from coming or going to a region. You can use predictive analytics tools to anticipate different events that could occur.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

IBM Big Data Hub

FEBRUARY 19, 2024

Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption. By developing contingency plans and resilient supply chains, companies can continue to operate even when unexpected events occur. Because finding the right suppliers can be challenging, some businesses turn to technology to help.

Strategy 82

Strategy Management Forecasting Cost-Benefit 82

Ontotext

FEBRUARY 26, 2024

Ontotext’s Relation and Event Detector (RED) is designed to assess and analyze the impact of market-moving events. The answers to these foundational questions help you uncover opportunities and detect risks. Why do risk and opportunity events matter? and “What is the financial impact?”.

Data-driven 59

Data-driven Risk Modeling Risk Management 59

Smart Data Collective

JUNE 26, 2019

The insurance industry is based on the idea of managing risk. To determine this risk, the industry must consult data and see what trends are evident to draft their risk profiles. The twenty-first century offers a lot of exciting innovations when it comes to data processing and analytics.

Insurance 94

Insurance Data Analytics Analytics IoT 94

IBM Big Data Hub

JULY 27, 2023

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Access to asset/system simulations can enable more proactive maintenance planning, improved decision-making and better risk management.

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

Cloudera

JUNE 29, 2023

Implementing a modern data architecture makes it possible for financial institutions to break down legacy data silos, simplifying data management, governance, and integration — and driving down costs. However, because most institutions lack a modern data architecture , they struggle to manage, integrate and analyze financial data at pace.

Data Architecture 86

Data Architecture Risk Management Risk Management 86

Cloudera

SEPTEMBER 7, 2023

The hybrid platform’s automation capabilities are crucial in this stage, allowing for more rapid adaptation and richer analytics. Push predictive analytics to optimize operations and enhance profitability. AI-ify risk management. Practice real-time risk management. Automate wealth management.

Insurance 84

Insurance Risk Data-driven Finance 84