Smart Data Collective

JUNE 23, 2022

Chip shortages, among other components, have fueled a steep increase in car prices, as much as USD$900 above the manufacturer-suggested retail price (MSRP) for non-luxury cars and USD$1,300 above MSRP for luxury ones. . The cars themselves are valuable sources of data, an estimated 25 GB that can help manufacturers understand trends more.

Analytics 119

Analytics Manufacturing Internet of Things Risk 119

Smart Data Collective

DECEMBER 15, 2022

As the US Government Accountability Office warns, “ internet-connected technologies can improve services, but face risks of cyberattacks.” IEC 62443 or the International Electrotechnical Commission standard 62443 is a series of standards created to counter cyber risks involving operational technology in automation and control systems.

IoT 98

IoT Internet of Things Manufacturing Risk 98

Smart Data Collective

JUNE 19, 2019

The Relationship between Big Data and Risk Management. Big data calls for complex processing, handling, and storage system, which may include elements such as human beings, computers, and the internet. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse.

Risk Management 70

Risk Management Risk Management Big Data 70

IBM Big Data Hub

JUNE 20, 2023

According to Warranty Week , claims totaling 46 billion USD were paid by the global automotive Original Equipment Manufacturers in 2021. But it also leads to a higher risk for new, unknown quality issues, and therefore potential warranty topics. avoiding warranty issues through simulation), manufacturing (e.g.,

Manufacturing 92

Manufacturing Data-driven Internet of Things Sales 92

CIO Business Intelligence

DECEMBER 12, 2023

There might be a need in Finance for more low-code and no-code tools to assist users with risk assessments, or a need in Field Operations to upgrade servers that fail daily and jeopardize their work. The company is also implementing more robots and internet of things (IoT) technologies as it automates its manufacturing plants.

IT 104

IT IoT Internet of Things Manufacturing 104

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption. Access the Food Trust ebook Building strong partnerships Strong relationships are a key part of any business strategy.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

IBM Big Data Hub

FEBRUARY 7, 2024

Investors, regulators and stakeholders are increasingly demanding that companies disclose their exposure to climate-related risks , such as dependence on fossil fuels or vulnerability to weather events. The smart factories that make up Industry 4.0 Join the IBM Sustainability Community 1 Green transition creates $10.3T

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

CIO Business Intelligence

APRIL 6, 2022

The industry is buzzing with bold ideas such as “the edge will eat the cloud” and real-time automation will spread across healthcare, retail, and manufacturing. The first wave of edge computing: Internet of Things (IoT). Recently, an increasing amount of hope is attached to edge computing. But progress has been slow.

IoT 104

IoT Internet of Things Data-driven Manufacturing 104

IBM Big Data Hub

JANUARY 15, 2024

Trend: Cybersecurity By virtue of moving many services online, organizations are at greater risk of digital attacks. Trend: Edge computing and the Internet of Things More distributed devices will require increased interconnectedness to drive value.

Digital Transformation 78

Digital Transformation Internet of Things IoT Consulting 78

CIO Business Intelligence

AUGUST 4, 2023

In this conversation with Foundry, Kopal dives deep into her career progression, the challenges of marrying manufacturing with digitization and WABTEC’s commitment to sustainability. Much of the digitization in the manufacturing segment is related to the execution systems. Kopal, tell us about your journey. We are an industry 4.0

IoT 98

IoT Manufacturing Experimentation Digital Transformation 98

O'Reilly on Data

JANUARY 8, 2019

Organizations will begin to identify and manage risks that accompany the use of machine learning in products and services, such as security and privacy, bias, safety, and lack of transparency. A few years ago, most internet of things (IoT) examples involved smart cities and smart governments. Burgeoning IoT technologies.

IoT 205

IoT Machine Learning Internet of Things Data Science 205

CIO Business Intelligence

JANUARY 9, 2023

They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] Imagine a factory or a chain of retailers reducing energy and cutting equipment downtime. These scenarios are not imaginary.

IoT 125

IoT Internet of Things Cost-Benefit Digital Transformation 125

CIO Business Intelligence

JUNE 30, 2023

All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. Can I also trust the mechanism by which I share that data without exposing myself inappropriately to risk? Most boards of directors are ready to take risks.

Internet of Things 102

Internet of Things Strategy Risk Data Strategy 102

Smart Data Collective

MARCH 23, 2022

Adopting Internet Of Things (IoT): The IoT system has a strong security feature that can detect forgery. Yet using the bulk signature poses some security risks, including hackers infecting your system and stealing your signature or manipulating file content for various cybercrime activities. Helps Secure Bulk E-Signing.

IoT 122

IoT Internet of Things Digital Transformation Manufacturing 122

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,

Manufacturing 78

Manufacturing Technology Internet of Things Cost-Benefit 78

CIO Business Intelligence

APRIL 4, 2022

On the surface, cybersecurity in healthcare may not seem all that different from cybersecurity in other verticals such as financial services, retail, manufacturing, or education. These include annual risk assessments, regular penetration testing, maintaining proper logs and more. 6 steps to becoming more cyber resilient.

Internet of Things 101

Internet of Things Risk Metrics Digital Transformation 101

Smart Data Collective

APRIL 24, 2019

Manufacturing is a more powerful and essential part of our industries and economies than ever. If you represent a manufacturing concern and you’re wondering about the benefits of capturing and analyzing operational data , you’ve come to the right place. Who’s Using Analytics in Manufacturing?

Analytics 98

Analytics Manufacturing Cost-Benefit Internet of Things 98

Cloudera

OCTOBER 25, 2017

While this connectivity has given us a new understanding of creature comforts, they have also created risk. An example of this can be found through the the recent debacle from smart lock manufacturer LockState , who can unfortunately vouch for this type of risk.

Internet of Things 40

Internet of Things IoT Risk Manufacturing 40

Cloudera

NOVEMBER 20, 2017

This profusion of connected devices, of course, is not limited to the private sector: from weapons systems and soldier uniforms to smart military bases and connected vehicles, the government has been an early adopter of the Internet of Things as a means to enhance national defense. national security.

Internet of Things 40

Internet of Things IoT Risk Manufacturing 40

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. Customers have too many options. Gold Associates LLC.

Cost-Benefit 120

Cost-Benefit Internet of Things Data-driven Data Lake 120

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. These factors can include available resources (e.g.,

Strategy 78

Strategy Management Cost-Benefit IoT 78

CIO Business Intelligence

MAY 10, 2023

focuses on driving mobility and tapping on the then-nascent Internet of Things, the subsequent phase prominently features technology such as artificial intelligence and machine learning and ways to extend their use across every aspect of the business. Whereas digital transformation in its earliest iteration—digital transformation 1.0—focuses

Enterprise 52

Enterprise Digital Transformation Internet of Things B2B 52

Smart Data Collective

AUGUST 19, 2019

At the same time, in the pursuit of functionality, manufacturers and consumers forget about cybersecurity. The risk is very real. There are several thousand companies in the world that manufacture and supply IoT solutions. As a result, systems from different manufacturers could be installed at the same enterprise.

IoT 71

IoT Manufacturing Internet of Things Machine Learning 71

Alation

MAY 12, 2022

Or, rather, every successful company these days is run with a bias toward technology and data, especially in the manufacturing industry. technologies, manufacturers must deploy the right technologies and, most importantly, leverage the resulting data to make better, faster decisions. Manage data effectively and efficiently. Here’s how.

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

Cloudera

DECEMBER 18, 2018

Defining these is, therefore, a crucial element, and Cloudera is now taking part in just that for the biggest revolution we’ve seen in business and society: the Internet of Things (IoT). The good thing about standards is that there are so many to choose from” – Andrew S. Standards for IoT.

IoT 42

IoT Internet of Things Machine Learning Insurance 42

In(tegrate) the Clouds

DECEMBER 21, 2015

Aside from the Internet of Things, which of the following software areas will experience the most change in 2016 – big data solutions, analytics, security, customer success/experience, sales & marketing approach or something else? What are the biggest risks for software vendors in 2016? Read the rest of the answers.

Technology 45

Technology Internet of Things Digital Transformation Software 45

Cloudera

AUGUST 22, 2021

And yet, we are only barely scratching the surface of what we can do with newer spaces like Internet of Things (IoT), 5G and Machine Learning (ML)/Artificial Intelligence (AI) which are enabled by cloud. In fact, the definition of ‘cloud’ has changed so much over the years.

Cost-Benefit 103

Cost-Benefit Strategy IoT Digital Transformation 103

Sisense

OCTOBER 6, 2020

And, as industrial, business, domestic, and personal Internet of Things devices become increasingly intelligent, they communicate with each other and share data to help calibrate performance and maximize efficiency. The result, as Sisense CEO Amir Orad wrote , is that every company is now a data company.

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

IBM Big Data Hub

AUGUST 11, 2023

Manufacturing execution systems (MES) have grown in popularity across the manufacturing industry. If your manufacturing processes have become more intricate and challenging to manage manually, an MES can help streamline manufacturing operations management, increase efficiency and reduce errors.

Software 74

Software Manufacturing Cost-Benefit ROI 74

IBM Big Data Hub

JUNE 29, 2023

As the pace of digital transformation accelerates in the manufacturing and engineering industries, two concepts have gained significant traction: digital twins and digital threads. safety protocols, reporting procedures, manufacturing processes, etc.). However, the impact of each technology will vary depending on manufacturer needs.

Manufacturing 58

Manufacturing Internet of Things Digital Transformation Optimization 58

CIO Business Intelligence

JUNE 22, 2022

At the same time, 5G adoption accelerates the Internet of Things (IoT). Japan and South Korea are expected to see 150 million IoT connections by 2025 , which will include the manufacturing and logistics sectors.

IoT 98

IoT IT Manufacturing Internet of Things 98

Cloudera

FEBRUARY 3, 2021

COVID-19 vaccines from various manufacturers are being approved by more countries, but that doesn’t mean that they will be available at your local pharmacy or mass vaccination centers anytime soon. The COVID-19 vaccine distribution is one of the most challenging manufacturing and supply chain issues facing the world right now.

Manufacturing 102

Manufacturing Forecasting Internet of Things Risk 102

Cloudera

APRIL 27, 2022

At the same time, 5G adoption accelerates the Internet of Things (IoT). Japan and South Korea are expected to see 150 million IoT connections by 2025 , which will include the manufacturing and logistics sectors.

IoT 93

IoT IT Manufacturing Internet of Things 93

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. It is suited to low-cost, non-critical assets that don’t pose safety or operational risks if a run-to-failure strategy is deployed.

Cost-Benefit 98

Cost-Benefit Strategy IoT Internet of Things 98

AWS Big Data

MARCH 20, 2024

It also mitigates risks, improves scalability, and allows for advanced networking configurations. This integration supports various use cases, including real-time analytics, log processing, Internet of Things (IoT) data ingestion, and more, making it valuable for businesses requiring timely insights from their streaming data.

Internet of Things 108

Internet of Things IoT Manufacturing Data Processing 108

Jet Global

JUNE 18, 2019

Of all the transformative effects the internet has had on the world of business, none is more dramatic than the proliferation of data it has enabled. Industries such as retail, healthcare, and manufacturing have experienced a dramatic shift thanks to the impact of big data analytics software—but let’s start by looking at what it is, first.

Big Data 75

Big Data Software Data Analytics Analytics 75

Jet Global

OCTOBER 3, 2019

Of all the transformative effects the internet has had on the world of business, none is more dramatic than the proliferation of data it has enabled. Industries such as retail, healthcare, and manufacturing have experienced a dramatic shift thanks to the impact of big data analytics software—but let’s start by looking at what it is, first.

Big Data 53

Big Data Software Data Analytics Analytics 53