Remove IoT Remove Metrics Remove Predictive Analytics Remove Risk Management
article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs. Real-time tracking systems, often enabled by Internet of Things (IoT) devices, help companies monitor their supply chain accurately and immediately.

article thumbnail

Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Predictive and preventive maintenance : The advent of IoT and AI technologies has transformed EAM systems into predictive maintenance tools.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Manage Risk with Modern Data Architectures

Cloudera

Implementing a modern data architecture makes it possible for financial institutions to break down legacy data silos, simplifying data management, governance, and integration — and driving down costs. Enhance counterparty risk assessment. Learn more about managing risk with Cloudera. Automated KYC and AML compliance.

article thumbnail

Interview with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity

Corinium

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.

Insurance 150