article thumbnail

Industry X.0 – Made Real, Practical Insights Today enabling Profits Tomorrow

Cloudera

Consider that Manufacturing’s Industry Internet of Things (IIOT) was valued at $161b with an impressive 25% growth rate, or that the Connected Car market will be valued at $225b by 2027 with a 17% growth rate. Lack of Clear ROI . Petrick, Senior Director of Industrial Innovation in the Internet of Things Group – Intel.

article thumbnail

National Grid’s energy transformation is fueled by IT

CIO Business Intelligence

And in so many cases, it’s not pure ROI and cost savings but it’s removing hidden costs and shared costs of managing technical debt, like not having to do upgrades. All of that together is how we’re measuring the value of going to the cloud.”. “All of our investments are about value. It’s about increased security to the state.

IT 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Steps to Improve Your Security Posture during Technology Modernization

CIO Business Intelligence

Internet of Things (IoT). CIOs who collaborate with their executive counterparts recognize that while CIOs drive many cybersecurity decisions, joining forces with the rest of the organization’s leadership team helps solidify technology implementation and change management while boosting ROI. Microsoft ?

article thumbnail

Asset lifecycle management strategy: What’s the best approach for your business?

IBM Big Data Hub

Valuable assets can be complex and markets are always shifting, so during this phase, it’s important to weigh the depreciation of the current asset against the rising cost of maintaining it in order to calculate its overall ROI. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

article thumbnail

Invest In Analytics To Improve Your Production Line

Smart Data Collective

What this tells us is that modern business leaders see big data analytics itself as a cost-saving measure with an attractive ROI. Popularity is one thing, but is it justified? That’s a resounding show of approval, especially when you consider the pressure modern enterprises are up against when it comes to cutting costs.

article thumbnail

How gaming companies can use Amazon Redshift Serverless to build scalable analytical applications faster and easier

AWS Big Data

It covers how to use a conceptual, logical architecture for some of the most popular gaming industry use cases like event analysis, in-game purchase recommendations, measuring player satisfaction, telemetry data analysis, and more. Consumption This pillar consists of various consumption channels for enterprise analytical needs.

article thumbnail

12 considerations when choosing MES software

IBM Big Data Hub

Gathering data from machines, sensors, operators and other Industrial Internet of Things (IIoT) devices, they provide accurate and up-to-date insights into the status of production activities. They also support the measurement of overall equipment effectiveness (OEE) , a significant metric used to gauge manufacturing efficiency.