article thumbnail

Innovative Manufacturers are Investing in these Advanced Technologies

CIO Business Intelligence

In many ways, the manufacturing industry stands on edge—emerging from a pandemic and facing all-time highs in demand yet teetering on inflation-related economic uncertainty and coping with skilled labor shortages. The sheer volume of data available, for instance, prompts heightened expectations for real-time insights.

article thumbnail

How manufacturers can unlock new value from existing data

CIO Business Intelligence

In an industry buffeted by constant pressure on margins, shifting trade patterns, and supply chain uncertainty, manufacturing companies are looking for any edge they can get. Here’s how manufacturers can harness data analytics to improve performance across three critical areas of their businesses. The good news?

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

Global managed services to grow in 2024 as enterprise IT spending rises

CIO Business Intelligence

The global market for managed services will rise in 2024 due to organizations’ IT spending surge and larger investments in managed services deals involving AI and cloud computing, according to market intelligence firm IDC. The region (Western Europe) maintained strong growth despite various economic and geopolitical uncertainties.

article thumbnail

Airbus abandons possible acquisition of Atos data division

CIO Business Intelligence

Unlikely savior The aircraft manufacturer might have seemed an unlikely savior, but there could have been interesting synergies between its existing activities and the cybersecurity and data science businesses of Atos. Another buyer? Saleh hasn’t ruled out looking for another buyer.

article thumbnail

How to Use Big Data to Cash in on the Firearms Market

Smart Data Collective

The whole industry benefits, including manufacturers, distributors, and even stockholders. The scarcity of guns and ammunition heralds a promising future market. Likewise, when a national crisis emerges, people rush to buy firearms and ammunition out of fear, uncertainty, and preparedness.

article thumbnail

Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

How deeply will projects be impacted by market instability, skills shortages, and supply chain delays? Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. trillion worldwide by 2030. Want to learn more?

article thumbnail

PODCAST: AI for Digital Enterprise – Part 1- A Practitioner’s View on AI-Led Transformation in Manufacturing

bridgei2i

A Practitioner’s View on AI-Led Transformation in Manufacturing. In this podcast, the guest Adita Karnani shares some thought-provoking insights on AI-led automation in manufacturing plants and how digitalization coupled with the pandemic has led to innovations and processes within many industrial plants. Subscribe Now. Highlights.