Remove IoT Remove Optimization Remove Risk Remove Risk Management
article thumbnail

What is GRC? The rising importance of governance, risk, and compliance

CIO Business Intelligence

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Stanley also notes that “technology advances, like AI, IoT and cloud computing, have also introduced compliance challenges and new cybersecurity threats.”

Risk 115
article thumbnail

How AI and IoT Solutions Can Improve Your Business

Smart Data Collective

In today’s modern era, AI and IoT are technologies poised to impact every part of the industry and society radically. In addition, as companies attempt to draw better significance from the huge datasets gathered by linked devices, the potential of AI is accelerating the wider implementation of IoT. l Improved Risk Management.

IoT 133
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

The journey to a mature asset management system

IBM Big Data Hub

Asset management and technological innovation Advancements in technology underpin the need for holistic grid asset management, making the assets in the grid smarter and equipping the workforce with smart tools. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

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.

article thumbnail

Automotive Industry Uses Analytics To Solve Pressing Supply Chain Issues

Smart Data Collective

It’s important to know that analytics is integral to every facet of car production, not only in supply chain optimization (more on that later). Analytics hardware and software that uses Internet of Things (IoT) technology can assist with real-time tracking. Risk Management. The Fundamentals. Quality Control.

Analytics 121
article thumbnail

The Foundations of a Modern Data-Driven Organisation: Change from Within (part 2 of 2)

Cloudera

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. Collecting workforce data as a tool for talent management. Risk Management. Conclusion.

article thumbnail

Bridging the Gap Between Industries: The Power of Knowledge Graphs – Part I

Ontotext

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.