CIO Business Intelligence

NOVEMBER 27, 2023

Developing and deploying successful AI can be an expensive process with a high risk of failure. Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. The possibilities are endless, but so are the pitfalls.

Risk 132

Risk Cost-Benefit Modeling Optimization 132

CIO Business Intelligence

DECEMBER 28, 2023

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

Risk Risk Management Strategy Enterprise 115

CDW Research Hub

AUGUST 2, 2021

Securing your IoT devices is more important than ever, especially if your critical infrastructure is tied to industrial control systems. Threats against industrial control systems and OT have increased threefold in the past year , and that figure could grow dramatically as more devices and sensors connect to the IoT.

IoT 59

IoT Internet of Things Digital Transformation Risk 59

CDW Research Hub

AUGUST 2, 2022

In fact, many organizations have begun adopting zero-trust IoT security strategies to protect their IoT data from potential breaches. By some estimates, as many as 300 billion connected devices will be integrated into IoT platforms and IoT applications within the next 10 years. Why is zero trust necessary for IoT?

IoT 52

IoT Strategy Internet of Things Measurement 52

Smart Data Collective

MAY 7, 2023

million —and organizations are constantly at risk of cyber-attacks and malicious actors. In order to protect your business from these threats, it’s essential to understand what digital transformation entails and how you can safeguard your company from cyber risks. What is cyber risk?

Digital Transformation 103

Digital Transformation Risk Strategy Testing 103

IBM Big Data Hub

SEPTEMBER 13, 2023

Incorporating an effective attack surface management tool into your security strategy can significantly help you mitigate the risks of data breaches. Because hackers don’t limit their reconnaissance efforts to what’s in your inventory, these unknown assets put you at risk.

Risk 101

Risk Management Strategy Measurement 101

CIO Business Intelligence

AUGUST 16, 2023

Taking out the trash Division Drift has been key to disruptively digitize Svevia’s remit with the help of the internet of things (IoT), data collection, and data analysis. Digital alerts Another project deals with slow-moving vehicles, something that increases the risk of accidents on the roads.

Risk 98

Risk Cost-Benefit Digital Transformation Internet of Things 98

CIO Business Intelligence

MARCH 6, 2024

continues to roll out, the internet of things (IoT) is expanding, and manufacturing organizations are using the latest technologies to scale. Attacks against OT systems pose risks beyond financial losses. investments because they deal with the security barriers that tend to slow down IoT, 5G, and SD-WAN adoption. As Industry 4.0

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

CIO Business Intelligence

AUGUST 4, 2023

How is WABTEC leveraging emerging technologies like AI and IoT to enhance its manufacturing processes, as well as improve operational efficiency? IoT software in the machines connected to the sensors gives information on the strength or durability of the brakes while the locomotive is in use.

IoT 98

IoT Manufacturing Experimentation Digital Transformation 98

Smart Data Collective

AUGUST 19, 2019

All types of business use IoT very actively now, by 2022 the expenses in this sphere will reach $1 trillion. If someone had created an IoT security indicator, this device would have long been flashing red. A couple of years ago, Kaspersky Lab set up IoT traps (honeypots) that mimicked various gadgets running Linux.

IoT 71

IoT Manufacturing Internet of Things Machine Learning 71

IBM Big Data Hub

AUGUST 1, 2023

Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation. ” What is risk-based application patching? Modern unified endpoint management (UEM) solutions include laptop management.

Risk 57

Risk Management Machine Learning IoT 57

CDW Research Hub

NOVEMBER 22, 2019

The rise of the Internet of Things (IoT) as one of the fastest-growing device categories today means that securing your IoT data is more important—and difficult—than ever. By some estimates, as many as 300 billion devices will be connected within the next 10 years, and as that number grows, IoT security concerns will intensify as well.

IoT 52

IoT Strategy Internet of Things Measurement 52

CIO Business Intelligence

APRIL 16, 2024

With the emergence of GenAI capabilities, fast-tracking digital transformation deployments are likely to change manufacturing as we know it, creating an expanding chasm of leaders versus followers, the latter of which will risk obsolescence. However, despite the benefits of GenAI, there are some areas of risk. Bias and fairness.

Manufacturing 140

Manufacturing Digital Transformation Risk Dashboards 140

CDW Research Hub

SEPTEMBER 25, 2020

However, since many back-to-work solutions utilize IoT Smart Spaces technology , a number of new components likely need to be installed in order to reap the maximum benefits. To identify device risk, Forescout calculated the individual risk score for each device, then aggregated that score by taking the average risk per device model.

IoT 40

IoT Risk Manufacturing Strategy 40

Cloudera

DECEMBER 18, 2018

Defining these is, therefore, a crucial element, and Cloudera is now taking part in just that for the biggest revolution we’ve seen in business and society: the Internet of Things (IoT). Standards for IoT. Architecture for IoT. Connectivity is a pretty well-defined part of the IoT puzzle. Open source for IoT.

IoT 43

IoT Internet of Things Machine Learning Insurance 43

Smart Data Collective

APRIL 16, 2019

. The Internet of Things (IOT) is growing at an unprecedented pace. By the end of next year, utility companies are expected to spend around $120 billion on IOT technologies. McKinsey estimates that spending on ICT-based IOT products alone will exceed $580 billion. After all, the IOT is the sum of billions of different devices.

IoT 67

IoT Internet of Things Marketing Technology 67

IBM Big Data Hub

APRIL 19, 2024

Asset performance management (APM) processes, such as risk-based and predictive maintenance and asset investment planning (AIP), enable health monitoring technologies. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets. Risk-based asset strategies align maintenance efforts to balance costs and risks.

Management 80

Management Internet of Things Risk IoT 80

Smart Data Collective

OCTOBER 8, 2023

Luckily, this approach is beginning to change, primarily thanks to industry behemoths like Sonatype , who do everything they can to make software development companies aware of the risks associated with software supply chains. And today, we’ll talk about the most significant of these risks. However, they also pose a considerable risk.

Software 105

Software IoT Risk Internet of Things 105

BizAcuity

MARCH 1, 2019

IoT is basically an exchange of data or information in a connected or interconnected environment. As IoT devices generate large volumes of data, AI is functionally necessary to make sense of this data. IoT and AI together make this context, i.e. ‘connected intelligence’ from connected devices. Bringing the power of AI to IoT.

IoT 56

IoT Internet of Things Big Data Data-driven 56

CIO Business Intelligence

DECEMBER 7, 2023

In 2017, the university created its Education and Research Center for Disaster Risk Reduction and Redesign that focuses on disaster relief – including disaster medicine, prevention education, and reconstruction design. So far, the solution has increased details about disaster-response risk by 40% over traditional methods.

IoT 108

IoT Internet of Things Forecasting Digital Transformation 108

CIO Business Intelligence

DECEMBER 19, 2023

Endlessly extending hub-and-spoke networks to more remote users, branch offices, and cloud apps increases risk, harms the user experience, and is prohibitively complex and expensive. Zero trust for IoT and OT “Internet of things” and “operational technology” are not just buzzwords.

B2B 98

B2B IoT Internet of Things Modeling 98

CIO Business Intelligence

JULY 19, 2023

When IoT becomes the driver of a new solutions P&L, the general manager of that business will need more technology acumen than general managers of the past. The second is to bring IoT and AI-driven predictive maintenance services to adjacent markets. “By Are we taking too many risks? Are we moving too quickly in some areas?

IoT 92

IoT Manufacturing Software Strategy 92

CIO Business Intelligence

JANUARY 9, 2023

They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] Those using a turnkey, scalable BOaaS platform are quickly able to manage an entire AI and IoT ecosystem from one dashboard, across the cloud, edge and far edge. [4]

IoT 126

IoT Internet of Things Cost-Benefit Digital Transformation 126

IBM Big Data Hub

APRIL 22, 2024

Energy transition and climate resilience Applying AI and IoT to accelerate the transition to sustainable energy sources There is a clear need (link resides ibm.com) to accelerate the transition to low-carbon energy sources and transform infrastructures to build more climate-resilient organizations.

IoT 83

IoT Internet of Things Cost-Benefit Reporting 83

IBM Big Data Hub

FEBRUARY 15, 2024

Kubota consulted with IBM® to create a system that uses AI and IoT in the field of operations and maintenance to successfully address Kubota’s business challenges. The comprehensive platform links Kubota’s KSIS, an IoT system, with IBM’s facility maintenance and asset management platform. The result?

Technology 62

Technology IoT Consulting Digital Transformation 62

CIO Business Intelligence

FEBRUARY 13, 2024

At its core, the Smart Rainforest is a sophisticated network of Internet of Things (IoT) devices strategically deployed across the rainforest region. From tracking temperature and humidity to monitoring soil composition and wildlife activity, the IoT integration provides an intricate understanding of the rainforest ecosystem.

IoT 59

IoT Internet of Things Machine Learning Data Collection 59

CIO Business Intelligence

DECEMBER 8, 2022

While organizations know they need to mitigate environmental risks more effectively across the supply chain, often they struggle to translate that ambition into results. There is a clear company risk in not being sustainable, both to the planet and to the business. Businesses need to do more than just track carbon output.

IoT 101

IoT ROI Risk Cost-Benefit 101

Smart Data Collective

OCTOBER 31, 2022

As the Internet of Things becomes increasingly instrumental in the workplace, company and consumer data risk grow. It enhances awareness, reduces risks, and, most importantly, safeguards crucial information. Reducing human error risks and adhering to state and local regulations requires effective and comprehensive training.

Internet of Things 113

Internet of Things IoT Risk Measurement 113

Cloudera

SEPTEMBER 22, 2022

In this post, I’ll explore opportunities to enhance risk assessment and underwriting, especially in personal lines and small and medium-sized enterprises. Utilizing a variety of data sources creates a more accurate picture of risks. Insurance carriers are always looking to improve operational efficiency. Step one: gather the data.

Analytics 97

Analytics Insurance IoT Risk 97

CIO Business Intelligence

FEBRUARY 20, 2024

Low-orbit satellite technology will be used to collect data from Internet of Things (IoT) terminals positioned around Earth. With communications infrastructure located in space, natural disasters on Earth will no longer cause service interruptions or other risks, even for mobile networks.

Internet of Things 119

Internet of Things IoT Technology Risk 119

O'Reilly on Data

JANUARY 8, 2019

Organizations will begin to identify and manage risks that accompany the use of machine learning in products and services, such as security and privacy, bias, safety, and lack of transparency. Burgeoning IoT technologies. A few years ago, most internet of things (IoT) examples involved smart cities and smart governments.

IoT 208

IoT Machine Learning Internet of Things Data Science 208

CIO Business Intelligence

DECEMBER 11, 2023

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. Going even further, some of the most progressive finance teams are incorporating sensor-based IoT data from plants, factories, and even trucking fleets to prioritize capital expenditures.

Finance 105

Finance Forecasting IoT Predictive Modeling 105

CIO Business Intelligence

DECEMBER 12, 2023

There might be a need in Finance for more low-code and no-code tools to assist users with risk assessments, or a need in Field Operations to upgrade servers that fail daily and jeopardize their work. The company is also implementing more robots and internet of things (IoT) technologies as it automates its manufacturing plants.

IT 105

IT IoT Internet of Things Manufacturing 105

CIO Business Intelligence

FEBRUARY 22, 2024

Since its creation over five years ago, the Digital Hub has included a team of experts in innovation, technologies, and trends — such as IoT, big data, AI, drones, 3D printing, or advances in customer experience — who work in concert with other business units to identify and execute new opportunities.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

OCTOBER 12, 2023

They naturally get into the IoT space. They’re now in the IoT space, and what you do with IoT data can help benefit your business through AI and also your customers through AI. I will say this, and this is a part of your personality profile, risk aversion right now is not a great thing. These assets start emitting data.

IoT 126

IoT Manufacturing Strategy Modeling 126

Cloudera

JANUARY 27, 2022

According to Statista , the projected installed base of IOT devices is expected to increase to 30.9 This data enables travel insurers to perform much more granular risk assessment, underwriting and pricing based on the specific travel behaviors and the specific risks that the insured represents. billion units that exist today.

Insurance 82

Insurance IoT Risk Data Processing 82

CIO Business Intelligence

MARCH 20, 2024

Risk considered in vendor contracts. There are also complex ERP and CRM solutions – as well as inputs from OT and IoT systems and devices. Training and awareness. Encryption. Anti-virus. Authentication. Data at rest. Data in motion. Testing vendor solutions. Cyber insurance. State actors. The attack surface. This is hardly simple.

IoT 64

IoT Unstructured Data Insurance Data Processing 64