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. But it is keeping its eyes on, and using advanced technology, to optimize its core electricity business. I call it cloud density in the right way,” Karaboutis adds.

IT 96

IT Digital Transformation Internet of Things Data Architecture 96

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 technology also allows them to browse the directory of stores, helping them to find the exact premises they want without wasting time.

IoT 144

IoT Software ROI Interactive 144

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

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 77

Strategy Management Cost-Benefit IoT 77

bridgei2i

FEBRUARY 6, 2020

This push for an enterprise-wide radical change in vision, process, technology stack and most importantly culture has pushed executives to think about “Digital transformation” more seriously, not only as initiatives but as a means to drive key business outcomes such as: Contextualizing Customer Experience. Scaling up new AI capabilities.

IoT 69

IoT Internet of Things Digital Transformation ROI 69

Smart Data Collective

DECEMBER 16, 2019

We live in a digital era where every business aspect revolves around technology, making IT systems the core of modern-day operations. This is no longer a reserve for companies that specialize in technology-based solutions but a need that cuts across the board. Enhanced performance and higher ROI from the IT infrastructure.

Optimization 54

Optimization Enterprise Internet of Things Cost-Benefit 54

Cloudera

AUGUST 22, 2021

It seems like there’s always something new to look out for every day, be it new use cases, technology or ways that organizations can benefit. I’m passionate about finding effective ways to adopt new technology and removing obstacles. I touched on some of the challenges earlier – migration and its complexity, faster ROI and all.

Cost-Benefit 103

Cost-Benefit Strategy IoT ROI 103

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? That’s a resounding show of approval, especially when you consider the pressure modern enterprises are up against when it comes to cutting costs.

Analytics 99

Analytics Manufacturing Cost-Benefit Internet of Things 99

AWS Big Data

MARCH 7, 2023

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. However, it’s not mandatory to use the same technologies.

Analytics 69

Analytics Data Warehouse Data Lake Metadata 69

Smart Data Collective

APRIL 27, 2020

Believe it or not, the business and technology world have become so correlated that every time the development of technology enters the next phase, the business economy also experiences a significant impact. These technologies, individually, have come a long way since they were introduced in the market.

IoT 104

IoT Internet of Things Cost-Benefit ROI 104

Data Virtualization

NOVEMBER 4, 2020

“Technology changes, economic laws do not.” This is one of the most important concepts highlighted in 1994 by Carl Shapiro and Hal R. Varian in their book Information Rules. This simple idea describes the importance of the real effectiveness of.

Internet of Things 52

Internet of Things Technology Digital Transformation ROI 52

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 73

Software Manufacturing Cost-Benefit ROI 73

CIO Business Intelligence

JULY 17, 2023

While several factors have contributed to its success, it is apparent that without a secure technological backbone, this business would not reach the magnitude that it has. I’ve witnessed technology evolve from primitive PCs like the Microsoft DOS to current advancements alongside my own growth.

IT 87

IT Digital Transformation IoT Internet of Things 87

CDW Research Hub

NOVEMBER 29, 2021

Your first thought about the Internet of Things (IoT) might be of a “smart” device or sensor. Technology vendors estimate about 75% of IoT projects fail (softeq.com), generally due to a lack of understanding of IoT technology and what it can provide. Layer 2: Edge computing. Layer 6: Applications. Location tracking.

IoT 89

IoT Cost-Benefit Internet of Things ROI 89

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 91

Machine Learning Cost-Benefit IoT Data Warehouse 91

Corinium

APRIL 25, 2019

And more recently, we have also seen innovation with IOT (Internet Of Things). What do you recommend to organizations to harness this but also show a solid ROI? And it’s become a hyper-competitive business, so enhancing customer service through data is critical for maintaining customer loyalty. This stuff works.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

IBM Big Data Hub

JUNE 30, 2023

During the 1980s, 1990s and 2000s, as technology became more affordable and connected, CMMS functionality expanded to include work order management, where companies assign, monitor and complete work orders and inspection checklists in one place.

Management 65

Management Cost-Benefit Enterprise IoT 65

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

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. Splunk Mission Control (just mentioned above) – Splunk describes it best: “Splunk Mission Control brings together Splunk’s industry-leading security technologies that help customers take control of their detection, investigation and response processes.

Machine Learning 189

Machine Learning Metrics Reporting Internet of Things 189

Rocket-Powered Data Science

OCTOBER 6, 2023

Here are a few business examples of this type of prescriptive analytics: Which marketing campaign is most efficient and effective (has best ROI) in optimizing sales? ” “Right now, the biggest challenge for organizations working on their data strategy might not have to do with technology at all.” ” “91.9%

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

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