CIO Business Intelligence

MAY 20, 2022

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. Optimizing with machine learning. But it is keeping its eyes on, and using advanced technology, to optimize its core electricity business.

IT 102

IT Digital Transformation Internet of Things Data Architecture 102

IBM Big Data Hub

JUNE 20, 2023

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. Put simply, it’s about fixing things before they break.

Strategy 76

Strategy Management Cost-Benefit IoT 76

CIO Business Intelligence

APRIL 27, 2022

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 ?

Technology 52

Technology ROI Risk Digital Transformation 52

Smart Data Collective

OCTOBER 25, 2020

This is the kind of thing that architects can’t always anticipate when designing a building , so it’s good to make changes based on real data. More architects are going to use IoT devices in the near future to optimize their designs. This is going to increase their ROI tremendously. Maintenance.

IoT 144

IoT Software ROI Interactive 144

Smart Data Collective

APRIL 24, 2019

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? Optimizing the performance and useful lifetime of any equipment begins with collecting machine logs. Monitoring Assets for Performance.

Analytics 100

Analytics Manufacturing Cost-Benefit Internet of Things 100

Corinium

APRIL 25, 2019

And more recently, we have also seen innovation with IOT (Internet Of Things). All assets need to be optimally leveraged for maximum business value while also being protected from misuse, whether there was malicious intent or not, and this needs to be the responsibility of whomever is responsible for that asset in the company.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

AWS Big Data

MARCH 7, 2023

They should also provide optimal performance with low or no tuning. It includes business intelligence (BI) users, canned and interactive reports, dashboards, data science workloads, Internet of Things (IoT), web apps, and third-party data consumers.

Analytics 68

Analytics Data Warehouse Data Lake Metadata 68

IBM Big Data Hub

AUGUST 11, 2023

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. MES systems can assist managers with process management and process control, helping to facilitate optimal performance of manufacturing.

Software 72

Software Manufacturing Cost-Benefit ROI 72

Domino Data Lab

MAY 8, 2019

So much work in machine learning – either on the academic side which is focused on publishing papers or the industry side which is focused on ROI – tends to emphasize: How much predictive power (precision, recall) does the model have? You can define models using a straightforward logical syntax and solve them with fast convex optimization.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

IBM Big Data Hub

JUNE 30, 2023

Enterprise asset management (EAM) is an asset lifecycle management solution focused on optimizing the overall lifetime performance of assets from acquisition to end-of-life. KPI dashboards or MRO inventory optimization) and audit trails are also included in CMMS software solutions.

Management 64

Management Cost-Benefit Enterprise IoT 64

IBM Big Data Hub

AUGUST 30, 2023

It is an enterprise cloud-based asset management platform that leverages artificial intelligence (AI) , the Internet of Things (IoT) and analytics to help optimize equipment performance, extend asset lifecycles and reduce operational downtime and costs. IBM Maximo customers will be required to move to IBM MAS when Maximo 7.x

Data Processing 73

Data Processing Cost-Benefit Internet of Things Enterprise 73

IBM Big Data Hub

SEPTEMBER 11, 2023

Forrester’s 2022 Total Economic Impact Report for Data Management highlights the impact Db2 and the IBM data management portfolio is having for customers: Return on investment (ROI) of 241% and payback <6 months. How Db2, AI and hybrid cloud work together AI- i nfused intelligence in IBM Db2 v11.5

Machine Learning 90

Machine Learning Cost-Benefit IoT Data Warehouse 90

Alation

AUGUST 2, 2022

Using Alation’s curated data catalog , the company’s California-based data analysts efficiently collaborated with their peers in the Philippines to optimize their analysis efforts. The results of this project were: Time-savings ROI of 3000%. Data analyst onboarding time was reduced by 83%, from 1 year to 2 months.

Strategy 52

Strategy Cost-Benefit Metrics Data Lake 52