Smart Data Collective

SEPTEMBER 28, 2021

In today’s modern era, AI and IoT are technologies poised to impact every part of the industry and society radically. In addition, as companies attempt to draw better significance from the huge datasets gathered by linked devices, the potential of AI is accelerating the wider implementation of IoT. l Improved Risk Management.

IoT 133

IoT Internet of Things Cost-Benefit Consulting 133

CIO Business Intelligence

APRIL 12, 2022

That is changing with the introduction of inexpensive IoT-based data loggers that can be attached to shipments. The future of the supply chain is IoT-driven. Further, the tools and devices available on the market are proprietary and prone to vendor lock-in. Setting them up is a byzantine, time-consuming process.

IoT 105

IoT Analytics Manufacturing Cost-Benefit 105

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. Financial institutions can use ML and AI to: Support liquidity monitoring and forecasting in real time.

Data Architecture 84

Data Architecture Risk Management Risk Management 84

IBM Big Data Hub

FEBRUARY 19, 2024

Key strategies for effective supply chain management There are a number of ways that companies can better optimize and manage their supply chains. Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs.

Strategy 84

Strategy Management Forecasting Cost-Benefit 84

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. Predictive and preventive maintenance : The advent of IoT and AI technologies has transformed EAM systems into predictive maintenance tools.

Cost-Benefit 58

Cost-Benefit IoT Internet of Things Enterprise 58

BizAcuity

MARCH 31, 2022

Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management. Integrating IoT and route optimization are two other important places that use AI. AI in Finance.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Ontotext

APRIL 6, 2023

By linking this data, they facilitate tasks like asset management, predictive maintenance, documentation management, mission planning, risk management, aircraft design and optimization, and anomaly detection. Organizations such as GS1 promote the use of standards such as barcodes, GS1 digital link and the GS1 vocabulary.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83