Smart Data Collective

OCTOBER 31, 2022

As the Internet of Things becomes increasingly instrumental in the workplace, company and consumer data risk grow. GDPR – While enacted by the European Union in 2018, the General Data Protection Regulation applies to any organization that targets European markets. Choose Hardware and Software Wisely.

Internet of Things 114

Internet of Things IoT Risk Measurement 114

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 99

IoT Internet of Things Manufacturing Risk 99

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. What’s the biggest challenge manufacturers face right now?

Manufacturing 72

Manufacturing Technology Internet of Things Cost-Benefit 72

Smart Data Collective

JUNE 23, 2022

Market analysts predict the supply chain to normalize in the third quarter of 2022, which is only a few months away as of this publication. Car brands can study the market for trends and tailor their marketing campaigns based on them, but they won’t matter without the means to make the car that will deliver to customers.

Analytics 120

Analytics Manufacturing Internet of Things Risk 120

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. On top of disruption, companies with global supply chains must also deal with different regulatory environments, cultural norms and market conditions.

Strategy 83

Strategy Management Forecasting Cost-Benefit 83

Jen Stirrup

MAY 21, 2024

I am joining the webinar as an attendee so I can get out in front of the risks. According to MarketsandMarkets , the global artificial intelligence (AI) market was valued at approximately $87 billion in 2022 and is expected to reach $407 billion by the end of 2027, growing at a compound annual growth rate (CAGR) of around 36.2%

IT 68

IT Measurement Internet of Things Data-driven 68

CIO Business Intelligence

DECEMBER 12, 2023

But to implement AI to better assess markets and competition for a company’s goods, for example, the AI will need access to a wide variety of data from within and outside the company to analyze customers, the market, and products. By pitching your project this way, you’ve built a case for corporate risk avoidance.

IT 87

IT IoT Internet of Things Manufacturing 87

John Wheeler

DECEMBER 18, 2018

Last week, I had the distinct privilege to join my Gartner colleagues from our Risk Management Leadership Council in presenting the Q4 2018 Emerging Risk Report. We hosted more than 500 risk leaders across the globe in our exploration of the most critical risks.

Digital Transformation 96

Digital Transformation Risk Management Internet of Things Risk 96

CIO Business Intelligence

MARCH 30, 2022

Emerging technologies such as artificial intelligence (AI), machine learning (ML), augmented reality (AR), the Internet of Things (IoT) and quantum computing can help organizations scale on demand, improve resiliency, minimize infrastructure investments and deploy solutions rapidly and securely. Collaborate Early and Often.

Technology 82

Technology Internet of Things ROI IoT 82

CIO Business Intelligence

JANUARY 24, 2024

At Vanguard, “data and analytics enable us to fulfill on our mission to provide investors with the best chance for investment success by enabling us to glean actionable insights to drive personalized client experiences, scale advice, optimize investment and business operations, and reduce risk,” Swann says.

Data Strategy 131

Data Strategy Strategy Unstructured Data Data Governance 131

Smart Data Collective

APRIL 16, 2019

. The Internet of Things (IOT) is growing at an unprecedented pace. This means that the annual growth rate for this market will be between 7% and 15%. The changes in the market are clearly impressive. The changes in the market are clearly impressive. One of the newest IOT devices on the market is SensorPush.

IoT 67

IoT Internet of Things Marketing Technology 67

IBM Big Data Hub

FEBRUARY 7, 2024

And they could drive economic gains: Research shows markets for carbon-neutral goods and services may be worth $10.3 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.

Reporting 91

Reporting Internet of Things Cost-Benefit Data-driven 91

Smart Data Collective

JUNE 24, 2021

Why Are Small Businesses at Greater Risk. The first and best thing small businesses can do to drastically improve their security is to invest in a secure wireless framework. Once the internet of things becomes mainstream, this will drastically increase the vulnerabilities in every network.

Data Analytics 90

Data Analytics Analytics Internet of Things Measurement 90

IBM Big Data Hub

JANUARY 15, 2024

This will enable them to effectively deal with environmental and market conditions that could slow delivery of raw materials, finished goods, or both. Trend: Cybersecurity By virtue of moving many services online, organizations are at greater risk of digital attacks.

Digital Transformation 71

Digital Transformation Internet of Things IoT Consulting 71

CIO Business Intelligence

MARCH 23, 2022

Implementing new technology for enterprise transformation brings increased responsibility to ensure the organization and its customers are protected from emerging risks associated with that new technology. Organizations must use it to improve business value or risk having it used against them by their competitors.

Technology 79

Technology IoT Internet of Things Data-driven 79

Smart Data Collective

SEPTEMBER 11, 2020

Internet of Things. In this digital age, people rely more on the internet to find and share information. Internet of Things is a critical tool for businesses. AI is leading to massive changes in the IoT market. 5G is the latest in mobile internet connectivity.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

CIO Business Intelligence

APRIL 6, 2022

The first wave of edge computing: Internet of Things (IoT). For most industries, the idea of the edge has been tightly associated with the first wave of the Internet of Things (IoT). As the potential risk outweighed the unproven benefits, many felt it was prudent to take a wait-and-see attitude.

IoT 86

IoT Internet of Things Data-driven Manufacturing 86

CIO Business Intelligence

NOVEMBER 2, 2023

However, this fundamental concept, emphasizing limited access to resources and information, has been progressively overlooked, placing our digital ecosystems at greater risk. Organizations that follow the principle of least privilege can improve their security posture by significantly reducing their attack surface and risk of malware spread.

Internet of Things 116

Internet of Things IoT Software Risk 116

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 74

Internet of Things Strategy Data Strategy Risk 74

Smart Data Collective

MARCH 23, 2022

So many smart devices have started to connect and communicate over the internet, that the term Internet of Things (IoT) has been coined to describe these “network-aware” devices. The automotive market penetration of AI has increased by 100% since 2015. Other uses include vehicles that can drive autonomously.

IoT 108

IoT Internet of Things Testing Cost-Benefit 108

Rocket-Powered Data Science

OCTOBER 6, 2023

Here are a few business examples of this type of prescriptive analytics: Which marketing campaign is most efficient and effective (has best ROI) in optimizing sales? These may not be high-risk discoveries, but they could be high-reward discoveries. How does that resemble human cognitive abilities?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

erwin

OCTOBER 16, 2020

By leveraging the power of the cloud, harnessing data from the Internet of Things (IoT) and other events, and processing this data in near-real time, analytics helps to effectively process the relentless incoming data feed. And that’s where data analytics can play a huge role.

Internet of Things 145

Internet of Things Data-driven Uncertainty Data Governance 145

IBM Big Data Hub

JUNE 29, 2023

Digital twin technology uses Industrial Internet of Things (IIoT) sensors, machine learning and simulation software to collect product data and generate accurate models. Teams can then use the models to predict maintenance needs, simulate changes to the system and optimize processes (e.g.,

Internet of Things 54

Internet of Things Manufacturing Digital Transformation Optimization 54

IBM Big Data Hub

JUNE 29, 2023

It integrates advanced technologies—like the Internet of Things (IoT), artificial intelligence (AI) and cloud computing —into an organization’s existing manufacturing processes. Industry 4.0 Reshoring Reshoring is the process of bringing manufacturing operations back to their home country from overseas locations.

Manufacturing 55

Manufacturing Internet of Things Cost-Benefit Digital Transformation 55

CIO Business Intelligence

JANUARY 24, 2024

The Agent Swarm evolution has been propelled by advancements in computing, artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT). Gather/Insert data on market trends, customer behavior, inventory levels, or operational efficiency. AI, ML Decision-Making Layer Make decisions based on insights.

IoT 91

IoT Machine Learning Optimization Internet of Things 91

Corinium

APRIL 25, 2019

Most of my days focus on understanding what’s happening in the market, defining overall product strategy and direction, and translating into execution across the various teams. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here. Humans can’t keep up.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CIO Business Intelligence

APRIL 12, 2022

Further, the tools and devices available on the market are proprietary and prone to vendor lock-in. Traditional supply chain analytics and decision-making focused on risk avoidance and control. And it has quite some catching up to do – the smart manufacturing industry is set to grow from $250 billion in 2021 to $658 billion in 2029.

IoT 100

IoT Analytics Manufacturing Cost-Benefit 100

AWS Big Data

MARCH 20, 2024

It also mitigates risks, improves scalability, and allows for advanced networking configurations. Data consumers from marketing, product engineering, or analytics require access to the same streaming data across accounts, which requires the ability to deliver a multi-account streaming architecture.

Internet of Things 110

Internet of Things IoT Manufacturing Data Processing 110

Smart Data Collective

MARCH 28, 2021

One of these challenges would be not being able to adjust to market changes dictated by demand as quickly as their competitors. Although there are many benefits of moving to the cloud , this decision is not without its risks. These business entities thrive in connecting with their customers and making things easier for them.

Cost-Benefit 137

Cost-Benefit IoT Internet of Things Data-driven 137

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs.

Manufacturing 142

Manufacturing Digital Transformation IoT Internet of Things 142

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. Right now we have this mad rush to market.

Internet of Things 40

Internet of Things IoT Risk Manufacturing 40

CIO Business Intelligence

SEPTEMBER 8, 2022

The ability to pivot quickly to address rapidly changing customer or market demands is driving the need for real-time data. Business and IT leaders must keep pace with customer demands while dealing with ever-shifting market forces. Use real-time data for business agility, efficient operations, and more.

Cost-Benefit 101

Cost-Benefit Internet of Things Data-driven Data Lake 101

CIO Business Intelligence

APRIL 27, 2022

Cyber threats are among the top ten highest-rated critical risks of organizations today and for 2030, according to? Protiviti’s Executive Perspectives on Top Risks for 2021 and 2030. The constantly changing risk environment requires companies to be agile in how they adapt and address cyber risks. Internet of Things (IoT).

Technology 52

Technology ROI Risk Digital Transformation 52

IBM Big Data Hub

JULY 27, 2023

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9%

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

CIO Business Intelligence

APRIL 4, 2022

Mobility, cloud computing, sensor-based monitoring and the Internet of Things are just a smattering of digital technologies that influence how we care for patients and fulfill our core mission. These include annual risk assessments, regular penetration testing, maintaining proper logs and more.

Internet of Things 71

Internet of Things Risk Metrics Digital Transformation 71

datapine

NOVEMBER 27, 2019

This is one of the major trends chosen by Gartner in their 2020 Strategic Technology Trends report , combining AI with autonomous things and hyperautomation, and concentrating on the level of security in which AI risks of developing vulnerable points of attacks. Industries harness predictive analytics in different ways.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CDW Research Hub

MARCH 12, 2021

A modern data architecture enables businesses to consume and interpret information so they can anticipate market changes and make strategic decisions, which begs the question: is your data center suitable for meeting the digital needs of your organization? Security and reliability.

Unstructured Data 52

Unstructured Data Internet of Things IoT Optimization 52