article thumbnail

What is the IoT and How is it Changing the World?

Smart Data Collective

The Internet of Things (IoT) has been on the rise in recent years, and it’s becoming more and more common among consumers, businesses, and governments alike. The IoT is growing at a rapid pace. There were over 10 billion active IoT devices last year. What Is the Internet of Things (IoT)? How Does IoT Impact Industries?

IoT 127
article thumbnail

Baldor’s first-ever CIO sets the transformation agenda

CIO Business Intelligence

But Parameswaran aims to parlay his expertise in analytics and AI to enact real-time inventory management and deploy IoT technologies such as sensors and trackers on industrial automation equipment and delivery trucks to accelerate procurement, inventory management, packaging, and delivery. It is the art of analysis.

IoT 82
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

Full Steam Ahead: CIO Kopal Raj of WABTEC on staying ‘on-track’ with AI, IoT and sustainability goals

CIO Business Intelligence

Analytics is also used to ascertain margins of our services, sales, and for the customers to decide what they want to buy next. How is WABTEC leveraging emerging technologies like AI and IoT to enhance its manufacturing processes, as well as improve operational efficiency?

IoT 85
article thumbnail

Automated Sales & Underwriting Strategies can Transform Insurance

bridgei2i

Automated Sales & Underwriting Strategies can Transform Insurance. Increased Role of automation and AI in Sales & Underwriting. The automated process can then be used to parse structured and unstructured data sources such as IoT data, claims data, physical proofs, social data, life health data, etc.

article thumbnail

Adoption of Automated Sales & Underwriting Strategies can Transform Insurance

bridgei2i

Adoption of Automated Sales & Underwriting Strategies can Transform Insurance. As a fallout of social distancing, much of the sales will have to take place via digital channels, backed by a robust automated underwriting process. Increased Role of automation and AI in Sales & Underwriting. click here.

article thumbnail

Why Ecosystems are Essential for Growing Partnerships: an Interview with Tech Data’s Vice President of Data, AI and IoT

Cloudera

In this edition of Partner Perspective, Cloudera’s own Rachel Tuller sits down with Craig Smith, Vice President of Data, AI and IoT at Tech Data. Sales: Maybe an obvious one but the first thing that comes to mind is money. Tech Data is one of the largest technology distributors globally. Trust: We talk a lot about trusted adviser.

IoT 97
article thumbnail

Huawei’s Vision for Intelligent Networking Unveiled at GITEX Global 2023

CIO Business Intelligence

Vincent Liu, President of Huawei’s Global Enterprise Network Marketing & Solution Sales Department, emphasized the significance of the Middle East and Central Asia region as one of Huawei’s most important markets.

IoT 112