CIO Business Intelligence

MAY 20, 2022

These capabilities allow us to reduce business risk as we move off of our monolithic, on-premise environments and provide cloud resiliency and scale,” the CIO says, noting National Grid also has a major data center consolidation under way as it moves more data to the cloud. I call it cloud density in the right way,” Karaboutis adds.

IT 102

IT Digital Transformation Internet of Things Data Architecture 102

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

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. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 79

Strategy Management Cost-Benefit IoT 79

Cloudera

AUGUST 22, 2021

And yet, we are only barely scratching the surface of what we can do with newer spaces like Internet of Things (IoT), 5G and Machine Learning (ML)/Artificial Intelligence (AI) which are enabled by cloud. I touched on some of the challenges earlier – migration and its complexity, faster ROI and all.

Cost-Benefit 103

Cost-Benefit Strategy IoT Digital Transformation 103

Smart Data Collective

DECEMBER 16, 2019

At a time when the technology environment is powered by aspects such as the Internet of Things, artificial intelligence, machine learning, and Quantum computing, data is king. Enhanced performance and higher ROI from the IT infrastructure.

Optimization 54

Optimization Enterprise Internet of Things Cost-Benefit 54

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? Moreover, what business out there wants to risk having warehouses full of slow-moving or hard-to-sell merchandise? Monitoring Assets for Performance.

Analytics 100

Analytics Manufacturing Cost-Benefit Internet of Things 100

In(tegrate) the Clouds

DECEMBER 21, 2015

Aside from the Internet of Things, which of the following software areas will experience the most change in 2016 – big data solutions, analytics, security, customer success/experience, sales & marketing approach or something else? What are the biggest risks for software vendors in 2016? Read the rest of the answers.

Technology 45

Technology Internet of Things Digital Transformation Software 45

Domino Data Lab

MAY 8, 2019

That’s a risk in case, say, legislators – who don’t understand the nuances of machine learning – attempt to define a single meaning of the word interpret. Given how so much of IT gets driven by concerns about risks and costs, in practice auditability tops the list for many business stakeholders. How fast can the model be trained?

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

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. Consider the potential return on investment (ROI) based on improved productivity, reduced downtime and enhanced efficiency.

Software 75

Software Manufacturing Cost-Benefit ROI 75

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 76

Data Processing Cost-Benefit Internet of Things Enterprise 76

IBM Big Data Hub

JUNE 30, 2023

This broadening of scope has especially benefitted industries heavily reliant on physical assets or with complex asset infrastructures where asset management effectiveness and ROI are major contributors to the bottom line.

Management 66

Management Cost-Benefit Enterprise IoT 66