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 95

IT Digital Transformation Internet of Things Data Architecture 95

BizAcuity

JULY 22, 2019

This is the era of IoT (the Internet of Things). It all boils down to having the right technology tools to manage fleet, which can provide a huge competitive advantage for businesses belonging to any industry. This data is gathered by the Internet of Things (IoT) devices. The Evolution of Fleet Management.

IoT 93

IoT Management Internet of Things Optimization 93

Cloudera

JANUARY 29, 2021

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.

Internet of Things 53

Internet of Things Manufacturing ROI Machine Learning 53

IBM Big Data Hub

JUNE 20, 2023

Digital twin technology: A digital twin is a virtual representation of an asset a company intends to acquire that assists organizations in their decision-making process. We’ll go deeper into EAMs, the technologies underpinning them and their implications for asset lifecycle management strategy in another section.

Strategy 72

Strategy Management Cost-Benefit IoT 72

Smart Data Collective

OCTOBER 25, 2020

Modern indoor mapping systems are more complex than mere maps – this integrated software uses a wide variety of IoT technologies to track data and the behavior of people inside the building. 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.

IoT 144

IoT Software ROI Interactive 144

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. Db2 Universal Container (also known as Db2u) is a containerization technology based on microservices architecture.

Machine Learning 86

Machine Learning Cost-Benefit IoT Data Warehouse 86

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 61

Management Cost-Benefit Enterprise IoT 61

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 98

Analytics Manufacturing Cost-Benefit Internet of Things 98

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. ETL (extract, transform, and load) technologies, streaming services, APIs, and data exchange interfaces are the core components of this pillar. In terms of implementation, the same technologies may be used for both inbound and outbound, but the functions are different.

Analytics 74

Analytics Data Warehouse Data Lake Metadata 74

Alation

AUGUST 2, 2022

The problem many companies face is that each department has its own data, technologies, and information handling processes. Legacy Technologies and Manual Processes. Legacy technologies, siloed data, and manual processes make securing data and protecting privacy much more expensive and risky.

Strategy 52

Strategy Cost-Benefit Metrics Data Lake 52

Domino Data Lab

MAY 8, 2019

Several technology conferences all occurred within four fun-filled weeks: Strata SF , Google Next , CMU Summit on US-China Innovation, AI NY , and Strata UK , plus some other events. Even so, be careful not to regard the interpretability of machine learning models as a robust technological capability. Introduction. Not yet, if ever.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105