Ontotext

APRIL 6, 2023

More and more companies are using them to improve a variety of tasks from product range specification and risk analysis to supporting self-driving cars. This allows companies to model and optimize the interactions between the various computers that make a car run, ensuring everything is operating in sync to meet the desired specifications.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. by 2025, and 90 ZB of this data will be from IoT devices. Yet harnessing the corre ct data, turning that into manufacturing savvy, and achieving smart decisions from it are complex and overwhelming task s.

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

Cloudera

SEPTEMBER 11, 2020

The ongoing disruption to critical supply chains in both the manufacturing and retail space has seen businesses having to respond quickly, turning to data, analytics, and new technologies to better predict and manage ‘real-time’ business disruptions. . Supply-side. Automation opportunities.

Manufacturing 89

Manufacturing Forecasting Digital Transformation Sales 89

CIO Business Intelligence

JANUARY 3, 2024

These objections often include, “But we’ve always done it this way” (resistance to change), “It works just fine as is” (accepting the status quo which may be a sub-optimal solution), “Let’s wait until post-build” (pushing things off until later), “Let’s start with the metaverse” (being distracted by shiny objects), and more.

Cost-Benefit 134

Cost-Benefit ROI Manufacturing Optimization 134

CIO Business Intelligence

JANUARY 23, 2024

For example, manufacturers should capture how predictive maintenance tied to IoT and machine learning saves money and reduces outages. Risk reduction metrics can focus on security, business continuity, and compliance functions impacted by technology, data, and process improvements.

Measurement 140

Measurement Digital Transformation KPI Metrics 140

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Better customer satisfaction : An optimized supply chain allows businesses to make sure products are available when and where people want them—which can improve relationships and loyalty with customers.

Strategy 89

Strategy Management Forecasting Cost-Benefit 89

Cloudera

AUGUST 12, 2021

However, the important role data occupies extends beyond customer experience and revenue, as it becomes increasingly central in optimizing internal processes for the long-term growth of an organization. Risk Management. One of the more obvious use cases of data’s role in reducing risk is insurance policies. Conclusion.

Data-driven 109

Data-driven Manufacturing Insurance Risk Management 109

IBM Big Data Hub

FEBRUARY 7, 2024

Investors, regulators and stakeholders are increasingly demanding that companies disclose their exposure to climate-related risks , such as dependence on fossil fuels or vulnerability to weather events. The smart factories that make up Industry 4.0 Join the IBM Sustainability Community 1 Green transition creates $10.3T

Reporting 100

Reporting Cost-Benefit Internet of Things Data-driven 100

CIO Business Intelligence

APRIL 6, 2022

The industry is buzzing with bold ideas such as “the edge will eat the cloud” and real-time automation will spread across healthcare, retail, and manufacturing. The first wave of edge computing: Internet of Things (IoT). This led to slowing adoption rates of IoT. Additionally, security concerns cooled wholesale adoption of IoT.

IoT 105

IoT Internet of Things Data-driven Manufacturing 105

Cloudera

AUGUST 3, 2021

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Digital Transformation is not without Risk.

Analytics 109

Analytics Digital Transformation Risk Forecasting 109

CIO Business Intelligence

DECEMBER 13, 2023

The evolution of AI and the use of structured and unstructured data When discriminative AI rose to prominence in sectors such as banking, healthcare, retail, and manufacturing, it was primarily trained on and used to analyze, classify, or make predictions about unstructured data.

Unstructured Data 98

Unstructured Data IoT Metadata Manufacturing 98

IBM Big Data Hub

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1. Optimize your maintenance inventory.

Consulting 74

Consulting Cost-Benefit Manufacturing B2B 74

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. Another way of saying this is: given some desired optimal outcome Y, what conditions X should we put in place.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

CIO Business Intelligence

AUGUST 15, 2023

From healthcare to manufacturing, this year’s award winners span a wide range of industries, proving once again the impact information technology has in reshaping business and society at large. A risk-limiting audit (RLA) is one audit type used for election verification. The project has been transformative for Generac’s business.

IT 98

IT Manufacturing IoT Cost-Benefit 98

IBM Big Data Hub

JUNE 20, 2023

By coupling asset information (thanks to the Internet of Things (IoT)) with powerful analytics capabilities, businesses can now perform cost-effective preventive maintenance, intervening before a critical asset fails and preventing costly downtime. These factors can include available resources (e.g.,

Strategy 79

Strategy Management Cost-Benefit IoT 79

CIO Business Intelligence

AUGUST 16, 2022

Keith Bentley of software developer Bentley Systems describes digital twins as the biggest opportunity for IT value contribution to the physical infrastructure industry since the personal computer, and they’re used in a wide variety of industries , lending enterprises insights into maintenance and ways to optimize manufacturing supply chains.

Visualization 145

Visualization Cost-Benefit IoT ROI 145

CIO Business Intelligence

JUNE 30, 2023

All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. Can I also trust the mechanism by which I share that data without exposing myself inappropriately to risk? Most boards of directors are ready to take risks.

Internet of Things 98

Internet of Things Strategy Data Strategy Risk 98

BizAcuity

JULY 15, 2022

Quite recently, the logistics industry was introduced to Edge and Fog cloud computing , to make the use of IoT devices (for analytics) cost-effective and efficient. As a result, the demand for IoT devices is expected to sky-rocket in the near-future. Any issues that come up can be addressed quickly and prevented in the future.

Technology 52

Technology Management IoT Cost-Benefit 52

CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. Our biggest risk is if our employees don’t use AI as much as they could.” On-time delivery has improved substantially,” she says.

Enterprise 134

Enterprise Cost-Benefit Forecasting Strategy 134

Cloudera

JULY 20, 2021

Most businesses, whether you are in Retail, Manufacturing, Specialty Chemicals, Telecommunications, consider a 10% market capitalization increase from 2020 to 2021 outstanding. Risk models for financial institutions and insurers are exponentially more complicated . Airline schedules and pricing algorithms.

Manufacturing 103

Manufacturing Forecasting IoT Insurance 103

bridgei2i

JUNE 3, 2020

However, Italy, which seems to be flattening the curve, has started showing signs of optimism. Across markets, younger generations (including Generation Z and millennials) express less optimism and more worry than more mature generations. Consumer sentiment has turned more pessimistic in the US, France, and the UK. Mobile electronics.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

AWS Big Data

MARCH 20, 2024

It also mitigates risks, improves scalability, and allows for advanced networking configurations. This integration supports various use cases, including real-time analytics, log processing, Internet of Things (IoT) data ingestion, and more, making it valuable for businesses requiring timely insights from their streaming data.

Internet of Things 107

Internet of Things IoT Manufacturing Data Processing 107

Cloudera

MAY 12, 2021

Use cases could include but are not limited to: predictive maintenance, log data pipeline optimization, connected vehicles, industrial IoT, fraud detection, patient monitoring, network monitoring, and more. DATA FOR ENTERPRISE AI. HYBRID & MULTI-CLOUD INNOVATION. SECURITY AND GOVERNANCE LEADERSHIP. PEOPLE FIRST.

Digital Transformation 67

Digital Transformation Machine Learning Optimization Data Lake 67

Cloudera

NOVEMBER 4, 2020

Customers, especially in personal lines, tend not to focus on risk and exposure changes at renewals, but their agents or brokers do. The best price that can be offered is based on providing only the insurance that is needed and appropriate to the specific needs and risks of the customer at that point in time or during the policy period.

Insurance 113

Insurance Machine Learning Risk IoT 113

CIO Business Intelligence

MARCH 9, 2022

The reason for this forward-looking optimism is simple: The accelerating pace of innovation in the past 20 years has given us a constant stream of life-changing technologies that are always better, more powerful, and faster than the technology they’re replacing.

IoT 96

IoT Technology Manufacturing Risk 96

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,

Manufacturing 79

Manufacturing Technology Internet of Things Cost-Benefit 79

CDW Research Hub

DECEMBER 20, 2021

Sirius’ professional services team offers deep experience to help you assess your level of risk and develop a remediation plan. These are also at risk even without external access. Individual manufacturers are releasing patches and notices of impact, and it’s worth your time to investigate these. Mitigation resources.

Testing 93

Testing Measurement IoT Risk 93

Alation

MAY 12, 2022

Or, rather, every successful company these days is run with a bias toward technology and data, especially in the manufacturing industry. technologies, manufacturers must deploy the right technologies and, most importantly, leverage the resulting data to make better, faster decisions. Centralize, optimize, and unify data.

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

Cloudera

NOVEMBER 14, 2018

Maybe the data is baby photos, or competitively sensitive manufacturing data, or legally protected medical data. A huge amount of valuable training data is created on hardware at the edges of slow and unreliable networks, such as smartphones, IoT devices, or equipment in far-flung industrial facilities, such as mines and oil rigs.

Manufacturing 41

Manufacturing Machine Learning IoT Modeling 41

AWS Big Data

MAY 16, 2023

Data collection and processing are handled by a third-party smart sensor manufacturer application residing in Amazon Virtual Private Cloud (Amazon VPC) private subnets behind a Network Load Balancer. He leads product teams building wildfire prevention and risk mitigation data products.

Dashboards 75

Dashboards Statistics Data Collection Business Intelligence 75

CIO Business Intelligence

MARCH 22, 2022

Pujari has over 25 years of experience across sectors including BFSI, manufacturing, consulting, publishing, airlines, and healthcare. He brings expertise in developing IT strategy, digital transformation, AI engineering, process optimization and operations. Rakesh Dhanda has joined chemical manufacturer Rossari Biotech as CIO.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

FineReport

APRIL 11, 2023

Define your objectives : Ensure that the business objectives you intend to analyze, measure, and optimize are well-defined. For instance, an operational dashboard may display metrics related to the output of manufacturing machines to assist plant managers in achieving production goals and detecting potential issues or bottlenecks.

Dashboards 40

Dashboards Business Intelligence Cost-Benefit Metrics 40

bridgei2i

JUNE 11, 2020

Shift toward digital commerce: In-store and outdoor vending has given way to e-commerce, as customers attempt to minimize risk of exposure to the virus. Gearing up to meet supply chain disruptions: CPG companies generally have a fairly distributed global manufacturing and sourcing network.

Digital Transformation 52

Digital Transformation Sales Uncertainty Forecasting 52

Cloudera

SEPTEMBER 12, 2018

Toshiba Memory Corporation is revolutionizing flash memory semiconductor manufacturing using Cloudera to detect defective parts earlier in the manufacturing process and identify the root cause of defects several times faster. Brian Buntz , Content Director, Iot Institute, Informa, @brian_buntz. Technical Impact.

Machine Learning 44

Machine Learning Big Data Data Science Data Warehouse 44

IBM Big Data Hub

MAY 15, 2024

Business leaders risk compromising their competitive edge if they do not proactively implement generative AI (gen AI). With a multicloud data strategy, organizations need to optimize for data gravity and data locality. However, businesses scaling AI face entry barriers.

Cost-Benefit 59

Cost-Benefit Data Integration Data Architecture Manufacturing 59

IBM Big Data Hub

MAY 31, 2023

When assets malfunction or aren’t performing optimally, there can be safety issues and financial implications – the average manufacturer reportedly loses about 800 hours a year in downtime. Both strategies aim at reducing the risk of catastrophic or costly problems. What is preventive maintenance?

Cost-Benefit 99

Cost-Benefit Strategy IoT Internet of Things 99

IBM Big Data Hub

JUNE 29, 2023

As the pace of digital transformation accelerates in the manufacturing and engineering industries, two concepts have gained significant traction: digital twins and digital threads. Teams can then use the models to predict maintenance needs, simulate changes to the system and optimize processes (e.g.,

Manufacturing 59

Manufacturing Internet of Things Digital Transformation Optimization 59