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. Tips for Improving Risk Management When Handling Big Data. Risk Management Applications for Analyzing Big Data.

Risk Management 70

Risk Management Risk Management Big Data 70

IBM Big Data Hub

APRIL 19, 2024

Mobile-connected technicians experience improved safety through measures such as access control, gas detection, warning messages or fall recognition, which reduces risk exposure and enhances operational risk management (ORM) during work execution. Risk-based asset strategies align maintenance efforts to balance costs and risks.

Management 85

Management Internet of Things Risk IoT 85

IBM Big Data Hub

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

Strategy 81

Strategy Management Forecasting Cost-Benefit 81

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. Access to asset/system simulations can enable more proactive maintenance planning, improved decision-making and better risk management.

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

Corinium

APRIL 25, 2019

Life insurance needs accurate data on consumer health, age and other metrics of risk. And more recently, we have also seen innovation with IOT (Internet Of Things). And it’s become a hyper-competitive business, so enhancing customer service through data is critical for maintaining customer loyalty.

Insurance 150

Insurance Risk IoT Cost-Benefit 150