article thumbnail

How the Internet of Things and AI will Transform Sports Business?

Smart Data Collective

If there’s one industry that had previously remained fairly untouched from the technological advancements, it is the sports domain. However, over time the sector is getting introduced with several new generation technologies intended to make it efficient and smart. The sector has reached a market value of $388.3 billion in 2020.

article thumbnail

What Makes a Metric a KPI?

David Menninger's Analyst Perspectives

How does your organization define and display its metrics? I believe many organizations are not defining and displaying metrics in a way that benefits them most. A number, by itself, does not provide any indication of whether the result is good or bad.

Metrics 325
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

The journey to a mature asset management system

IBM Big Data Hub

Asset management and technological innovation Advancements in technology underpin the need for holistic grid asset management, making the assets in the grid smarter and equipping the workforce with smart tools. Machine connectivity through Internet of Things (IoT) data exchange enables condition-based maintenance and health monitoring.

article thumbnail

Optimizing the IoT Infrastructure for Enhanced Big Data Performance

Smart Data Collective

The Internet of Things is one of the most groundbreaking trends affecting consumers and businesses all over the world. How will big data shape the future of the Internet of Things? Consumers need to regularly monitor different metrics while using these devices. Meeting compliance targets.

IoT 90
article thumbnail

My top learning moments at Splunk.conf23

Rocket-Powered Data Science

Here are four specific metrics from the report, highlighting the potentially huge enterprise system benefits coming from implementing Splunk’s observability and monitoring products and services: Four times as many leaders who implement observability strategies resolve unplanned downtime in just minutes, not hours or days.

article thumbnail

Krones real-time production line monitoring with Amazon Managed Service for Apache Flink

AWS Big Data

Managed Service for Apache Flink manages the underlying Apache Flink components that provide durable application state, metrics, logs, and more, and Kinesis enables you to cost-effectively process streaming data at any scale. A rule in this system represents the state of a single metric (such as temperature) or a collection of metrics.

article thumbnail

What is a managed service provider? Strategic outsourcing for IT services

CIO Business Intelligence

A managed service provider (MSP) is an outsourcer contracted to remotely manage or deliver IT services such as network, application, infrastructure, or security management to a client company by assuming full responsibility for those services, determining proactively what technologies and services are needed to fulfill the client’s needs.