CIO Business Intelligence

MARCH 18, 2024

Technology has a critical role to play in any organization’s social sustainability strategy. Sustainable supply chains and ecosystems: A growing number of firms use technology to incorporate suppliers into their sustainability strategy.

Manufacturing 109

Manufacturing Forecasting Technology Software 109

DataRobot Blog

MARCH 10, 2022

As a result of these technological advancements, the manufacturing industry has set its sights on artificial intelligence and automation to enhance services through efficiency gains and lowering operational expenses. Time-Series Forecasting?—? Manufacturers are attempting to monitor their facilities in near real-time.

Manufacturing 52

Manufacturing IoT Machine Learning Forecasting 52

IBM Big Data Hub

JUNE 20, 2023

Here’s what you need to know in order to build a successful strategy. We’ll go deeper into EAMs, the technologies underpinning them and their implications for asset lifecycle management strategy in another section. What is an asset? First, let’s talk about what an asset is and why they are so important.

Strategy 74

Strategy Management Cost-Benefit IoT 74

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. A performance report is an analytical tool that offers a visual overview of how a business is performing in a specific strategy, project, or department.

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

AWS Big Data

APRIL 26, 2023

The BMW Group is headquartered in Munich, Germany, where the company oversees 149,000 employees and manufactures cars and motorcycles in over 30 production sites across 15 countries. This multinational production strategy follows an even more international and extensive supplier network.

Manufacturing 120

Manufacturing Forecasting Data Lake Big Data 120

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. Keeping pace with the connected consumer, embracing emerging trends in shopping, or staying ahead of the competition—these challenges bear down on retailers and manufacturers greater than ever before.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

CIO Business Intelligence

APRIL 4, 2024

“Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We Webster Bank is following a similar strategy. We don’t want to just go off to the next shiny object,” she says. “We

Enterprise 129

Enterprise Cost-Benefit Forecasting Strategy 129

CIO Business Intelligence

APRIL 5, 2022

Optimas Solutions, a manufacturer and distributor of fasteners, is using data analytics in three critical areas to improve operations and relationships with its suppliers and customers, says Mark Korba, vice president of supply chain and business intelligence at the company. Enhancing operations and relationships with suppliers.

Analytics 143

Analytics Cost-Benefit Forecasting Manufacturing 143

CIO Business Intelligence

APRIL 9, 2024

The trouble with Atos The challenge for Atos is that, despite a succession of new CEOs , new board members, and new strategies, it still keeps losing money — and it is already heavily loaded with debt, making banks reluctant to extend more credit to help it through the continuing bad times. Another project to raise €1.8

Forecasting 94

Forecasting Finance Sales Big Data 94

IBM Big Data Hub

JUNE 30, 2023

Pair that with a semiconductor shortage amidst global car sales that are forecasted to top 69 million , and you can understand that disruptions in the automotive supply chain would be detrimental to the industry.​ For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers.

B2B 64

B2B Manufacturing Consulting Forecasting 64

Cloudera

DECEMBER 15, 2017

Manufacturing as an industry has always been at the forefront of squeezing value from data. Instrumentation, highly connected systems, and automation have been part and parcel of manufacturing organisations for decades. Yet many manufacturers now feel they’ve bumped up against a ceiling. Enabling tomorrow today.

Manufacturing 40

Manufacturing IoT Machine Learning Data-driven 40

CIO Business Intelligence

JANUARY 11, 2024

The company has served clients in sectors such as technology, business services, healthcare, life sciences and manufacturing. The global end-user spending on public cloud services is forecast to grow 20.4% billion in 2024, up from $563.6 billion in 2023, according to a report from Gartner.

IT 104

IT Consulting Digital Transformation Manufacturing 104

Ontotext

APRIL 6, 2023

Manufacturing and Industry 4.0 For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. As we have seen, many leading auto part makers and car manufacturers use knowledge graphs to improve their operations. And that’s not all. Some of the top U.S.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

CIO Business Intelligence

JUNE 1, 2022

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . billion by 2030.

Manufacturing 101

Manufacturing Digital Transformation Predictive Analytics Strategy 101

CIO Business Intelligence

MARCH 6, 2024

IDC forecasts that annual worldwide spending on AI-centric systems will exceed 300 billion USD by 2026. The India CIO summit, to be attended by CIOs and senior tech leaders from across India, promises to deliver expert guidance to help leaders navigate challenges, innovate solutions, and achieve success in this dynamic landscape.

Digital Transformation 86

Digital Transformation Strategy Manufacturing Technology 86

CIO Business Intelligence

DECEMBER 13, 2023

The evolution of AI and the use of structured and unstructured data When discriminative AI rose to prominence in sectors such as banking, healthcare, retail, and manufacturing, it was primarily trained on and used to analyze, classify, or make predictions about unstructured data. Artificial Intelligence

Unstructured Data 95

Unstructured Data IoT Metadata Modeling 95

bridgei2i

MAY 26, 2020

By allowing that, they could have a steady demand forecast based on sensing algorithms and react faster to such events. He has delivered hundreds of millions of dollars of impact to his clients in High-Tech CPG and Manufacturing Industries, particularly in the areas of demand forecasting, inventory and procurement planning.

Enterprise 131

Enterprise Management Forecasting Manufacturing 131

IBM Big Data Hub

APRIL 25, 2024

An early case study of BPR was Ford Motor Company, which successfully implemented reengineering efforts in the 1990s to streamline its manufacturing processes and improve competitiveness. Organizations of all sizes and industries implement business process reengineering. BPR initiatives generally boost key performance indicators (KPIs).

Cost-Benefit 52

Cost-Benefit Finance Optimization Key Performance Indicator 52

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. The demand for sustainable technologies and tech-enablement of ESG strategies has gained speed.

Cost-Benefit 88

Cost-Benefit Risk Strategy Manufacturing 88

datapine

JUNE 5, 2019

As mentioned earlier, a data dashboard has the ability to answer a host of business-related questions based on your specific goals, aims, and strategies. A data dashboard assists in 3 key business elements: strategy, planning, and analytics. and industries (healthcare, retail, logistics, manufacturing, etc.).

Dashboards 316

Dashboards KPI Sales Visualization 316

Jedox

FEBRUARY 9, 2023

McKinsey’s survey on post-pandemic strategies points to the starkly apparent trend of developing stronger digital strategies to make room for better analysis, creative decision-making, and input from new talent. Originally published in Australian Manufacturing Technology magazine Gone are the days of scattered data.

Digital Transformation 52

Digital Transformation Manufacturing Machine Learning Strategy 52

IBM Big Data Hub

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. 2 For instance, through sustainable strategic sourcing, companies consider questions like: Do manufacturing plants minimize waste and effectively use resources?

Cost-Benefit 84

Cost-Benefit Scorecard Risk Recreation/Entertainment 84

IBM Big Data Hub

SEPTEMBER 19, 2023

How effectively and efficiently an organization can conduct data analytics is determined by its data strategy and data architecture , which allows an organization, its users and its applications to access different types of data regardless of where that data resides.

Data Science 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

Cloudera

AUGUST 3, 2021

Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed. The last eighteen months is causing supply chain forecasters to rethink the definition and incorporate risk into the planning process. .

Analytics 107

Analytics Digital Transformation Risk Forecasting 107

erwin

AUGUST 13, 2020

Here are some of the issues and questions being raised: Growth : How do we define growth strategies (e.g., Customer Engagement : How can we better engage with customers including brand, loyalty, customer acquisition and product strategy? operating strategy, global business services and shared services)?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

CIO Business Intelligence

JANUARY 10, 2024

FinOps is part of the equation, but from a CIO perspective, you need a top-down view that starts with the strategy before you talk about the components of it,” McMasters says. But while McMasters’ forecasts are now more accurate, he still likes to have a cushion: he gives himself a 10 to 20% margin when pre-booking capacity, he says.

Cost-Benefit 111

Cost-Benefit Measurement Optimization Metrics 111

Sisense

MARCH 24, 2020

Predict: Lastly, look to forecast trends in supply and demand and track fast-moving changes in leading indicators. To foster the art of the possible, below are examples of how regular businesses use analytics to maximize customer revenue, reduce costs, forecast outcomes, and drive efficiency. Efficiently focus resources.

Analytics 94

Analytics Sales Forecasting Business Intelligence 94

IBM Big Data Hub

MAY 19, 2023

According to the research, organizations are adopting cloud ERP models to identify the best alignment with their strategy, business development, workloads and security requirements. In addition, cloud ERP solutions enable SMEs to enhance their overall productivity by reducing manufacturing time. billion in 2022 to USD 130.0

Unstructured Data 78

Unstructured Data Data Processing Manufacturing Data Lake 78

Jedox

DECEMBER 28, 2021

Historically, financial planning & analysis has centered around tasks such as planning, budgeting, forecasting, and performance management. Smart FP&A professionals will consider it a part of their overall 2022 strategy. As a result, companies will rely more heavily on collaboration.

Digital Transformation 95

Digital Transformation Finance Machine Learning Forecasting 95

CIO Business Intelligence

JUNE 22, 2023

Consulting In the consulting industry, technology has become an important tool for making decisions, designing solutions, improving processes, and providing insights on optimizing business strategy. Consulting firms are increasingly turning to tech talent to help build in-house platforms, according to the report from Dice.

IT 116

IT Insurance Recreation/Entertainment Consulting 116

bridgei2i

JUNE 3, 2020

To navigate this increasingly complex landscape of COVID-19, business leaders must address consumer expectations and fears, and craft strategies accordingly. Pre-COVID-19 forecasts are no longer valid as the pandemic has entirely disrupted the market and firms would need to work on new models to predict patterns.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Cost-Benefit 86

Cost-Benefit Insurance Unstructured Data Machine Learning 86

CIO Business Intelligence

MAY 12, 2022

Anyone who works in manufacturing knows SAP software. Companies that need forecasting can produce forward-looking reports that depend on any mixture of statistics and machine learning algorithms, something SAS calls “composite AI.” Its databases track our goods at all stages along the supply chain.

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

CIO Business Intelligence

OCTOBER 18, 2023

According to C3, sugar producer Pantaleon is using C3 Gen AI to supplement sales forecasting, while Georgia-Pacific is using it for manufacturing process knowledge. Generative AI, IT Leadership, IT Strategy Still, as Whyde concedes, “some of the concern around risk of adoption of AI is distressing.”

Risk 134

Risk Manufacturing Enterprise Technology 134

CIO Business Intelligence

OCTOBER 1, 2022

You wanted something, or needed a part to produce a product, and you simply ordered it and it would be delivered — quickly, affordably, and with forecastable precision. One life sciences organization had secured the raw materials needed to manufacture its end product but failed to account for supply issues with the packaging of that medicine.

Cost-Benefit 106

Cost-Benefit Manufacturing Forecasting Metrics 106

CIO Business Intelligence

DECEMBER 1, 2022

Kanioura, who was hired away from Accenture two years ago to serve as the food and beverage multinational’s first chief strategy and transformation officer, says earning employee trust was one of her greatest challenges in those early months. We expect within the next three years, the majority of our applications will be moved to the cloud.”

Digital Transformation 127

Digital Transformation IoT Data-driven KPI 127

CIO Business Intelligence

FEBRUARY 16, 2023

For that, he relied on a defensive and offensive metaphor for his data strategy. The offensive side is how to generate revenue, all of the insights from the historical data that we have collected and, in fact, forecast the trends that are coming,” Iyengar says. The offensive side?

Unstructured Data 102

Unstructured Data Data Lake Prescriptive Analytics Digital Transformation 102