IBM Big Data Hub

JUNE 20, 2023

By coupling asset information (thanks to the Internet of Things (IoT)) with powerful analytics capabilities, businesses can now perform cost-effective preventive maintenance, intervening before a critical asset fails and preventing costly downtime. Put simply, it’s about fixing things before they break.

Strategy 79

Strategy Management Cost-Benefit IoT 79

CIO Business Intelligence

OCTOBER 13, 2022

Through cloud migration and application modernization, companies are creating new customer experiences and services to drive revenue growth while reimaging business processes to optimize operations, reduce costs, and empower new ways of working.

IT 59

IT Cost-Benefit Internet of Things IoT 59

CIO Business Intelligence

SEPTEMBER 8, 2022

The enormous potential of real-time data not only gives businesses agility, increased productivity, optimized decision-making, and valuable insights, but also provides beneficial forecasts, customer insights, potential risks, and opportunities,” said Krumova.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

DataRobot Blog

MARCH 10, 2022

This “revolution” stems from breakthrough advancements in artificial intelligence, robotics, and the Internet of Things (IoT). As manufacturing plants start to inject autonomous machines into their day-to-day operations, there is a growing need to monitor these devices and forecast maintenance requirements before failure and downtime.

Manufacturing 52

Manufacturing IoT Machine Learning Forecasting 52

Cloudera

JANUARY 20, 2021

Consider that Manufacturing’s Industry Internet of Things (IIOT) was valued at $161b with an impressive 25% growth rate, the Connected Car market will be valued at $225b by 2027 with a 17% growth rate, or that in the first three months of 2020, retailers realized ten years of digital sales penetration in just three months.

Digital Transformation 109

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 109

IBM Big Data Hub

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. While still in its early stages, the use of blockchain in EAM is a trend worth watching.

Cost-Benefit 61

Cost-Benefit IoT Internet of Things Enterprise 61

IBM Big Data Hub

FEBRUARY 23, 2024

Machine learning (ML) and deep learning (DL) form the foundation of conversational AI development. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends. billion by 2030.

Enterprise 107

Enterprise Interactive Data-driven Key Performance Indicator 107

Sisense

MARCH 14, 2021

For starters, the rise of the Internet of Things (IoT) has created immense volumes of new data to be analyzed. These rapidly growing datasets present a huge opportunity for companies to glean insights like: Machine diagnostics, failure forecasting, optimal maintenance, and automatic repair parts ordering. (ESB

Big Data 52

Big Data IoT Data Warehouse Data-driven 52

IBM Big Data Hub

JUNE 14, 2023

An innovative application of the Industrial Internet of Things (IIoT), SM systems rely on the use of high-tech sensors to collect vital performance and health data from an organization’s critical assets. Optimize workflows by analyzing data from multiple sources (e.g.,

Manufacturing 79

Manufacturing Technology Internet of Things Cost-Benefit 79

CIO Business Intelligence

JULY 5, 2022

Then came the arrival of 5G, edge, and the Internet of Things (IoT). For instance, IDC found that 84 ZB of data was created, captured, or replicated in 2021, but just 10% of that data could have been used for analysis or artificial intelligence (AI) and Machine Learning (ML) models 1. Now, it’s the metaverse.

IoT 98

IoT Forecasting Internet of Things Machine Learning 98

CIO Business Intelligence

JUNE 30, 2022

Then came the arrival of 5G, edge, and the Internet of Things (IoT). For instance, IDC found that 84 ZB of data was created, captured, or replicated in 2021, but just 10% of that data could have been used for analysis or artificial intelligence (AI) and Machine Learning (ML) models 1. Now, it’s the metaverse.

IoT 98

IoT Forecasting Internet of Things Machine Learning 98

datapine

NOVEMBER 19, 2019

There are a large number of tools used in AI, including versions of search and mathematical optimization, logic, methods based on probability and economics, and many others. While IoT was a prominent feature of buzzwords 2019, the rapid advancement and adoption of the internet of things is a trend you cannot afford to ignore in 2020.

Technology 279

Technology Internet of Things IT IoT 279

IBM Big Data Hub

MAY 31, 2023

Without due care and attention, things break—regardless of whether that’s a transformer in an electricity grid, an axle bearing on a train or a refrigerator in a restaurant. Predictive strategies take this even further and use advanced data techniques to forecast when things are likely to go wrong in the future.

Cost-Benefit 99

Cost-Benefit Strategy IoT Internet of Things 99

CIO Business Intelligence

AUGUST 28, 2023

The Internet of Things (IoT) – sensors and other technologies attached to objects – advanced analytics, and machine learning (ML) would all be applied to capture data. But the new age cloud solution would be different from everything that came before.

Digital Transformation 119

Digital Transformation Internet of Things Dashboards IoT 119

IBM Big Data Hub

MARCH 4, 2024

In the four years since it burst onto the market, 5G has been widely touted as a disruptive technology, capable of transformation on a similar scale to artificial intelligence (AI) , the Internet of Things (IoT) and machine learning (ML).

IoT 106

IoT Internet of Things Technology Enterprise 106

IBM Big Data Hub

JULY 5, 2023

Read this blog post to explore how digital twins can help you optimize your asset performance. Asset lifecycle management best practices The primary objective of asset lifecycle management (ALM) should always be the optimization of assets throughout their lifecycle.

Strategy 58

Strategy Management IoT Cost-Benefit 58

IBM Big Data Hub

JUNE 15, 2023

This keeps maintenance information in one place and easily accessible to workers who must use it to perform regular maintenance activities like forecasting and replenishment. Enterprise asset management with the IBM Maximo Application Suite helps companies optimize asset performance and extend asset lifespans.

Management 74

Management Broadcasting Cost-Benefit IoT 74

IBM Big Data Hub

FEBRUARY 6, 2024

This unified view gives administrators and development teams centralized control over their infrastructure and apps, making it possible to optimize cost, security, availability and resource utilization. A CMP creates a single pane of glass (SPOG) that provides enterprise-wide visibility into multiple sources of information and data.

Cost-Benefit 110

Cost-Benefit Digital Transformation Software Modeling 110

Sisense

MAY 11, 2021

Data teams dealing with larger, faster-moving cloud datasets needed more robust tools to perform deeper analyses and set the stage for next-level applications like machine learning and natural language processing. For starters, the rise of the Internet of Things (IoT) has created immense volumes of new data to be analyzed.

Modeling 84

Modeling Big Data IoT Data Warehouse 84

IBM Big Data Hub

JUNE 29, 2023

Digitalization has had a profound impact on the manufacturing sector, enabling businesses to optimize processes, improve quality and reduce costs. It integrates advanced technologies—like the Internet of Things (IoT), artificial intelligence (AI) and cloud computing —into an organization’s existing manufacturing processes.

Manufacturing 60

Manufacturing Internet of Things Cost-Benefit Digital Transformation 60

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 some desired optimal outcome Y, what conditions X should we put in place.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

datapine

NOVEMBER 27, 2019

Often seen as the highest foe-friend of the human race in movies ( Skynet in Terminator, The Machines of Matrix or the Master Control Program of Tron), AI is not yet on the verge to destroy us, in spite the legit warnings of some reputed scientists and tech-entrepreneurs.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

APRIL 12, 2022

This takes the sensors closer to the actual goods and improves the quality and adds to the total amount of data, which ultimately enables everyone in the supply chain to make better decisions, so waste is reduced and processes are optimized.”. That brings us to the value of timely data and analytics. Democratization of data.

IoT 105

IoT Analytics Manufacturing Cost-Benefit 105