Smart Data Collective

JANUARY 11, 2021

We have talked about a number of changes that big data has created for the manufacturing sector. A number of manufacturers are relying more on analytics technology to streamline their operations. Cloud computing is also helping manufacturing companies to reduce costs, innovate, and increase their competitiveness.

Manufacturing 100

Manufacturing Cost-Benefit Internet of Things Big Data 100

CIO Business Intelligence

JUNE 12, 2023

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? Data Management

Manufacturing 52

Manufacturing Insurance Uncertainty Big Data 52

CIO Business Intelligence

DECEMBER 19, 2023

In manufacturing plants, financial institutions, educational settings, smart cities and hybrid work setups – just about everywhere – it’s the glue that binds everything together. But just as AIOps is optimizing network management, networks enable and create a platform for generative AI to optimize business operations.

Manufacturing 98

Manufacturing Optimization Reporting Consulting 98

Sisense

JANUARY 13, 2020

The modern manufacturing world is a delicate dance, filled with interconnected pieces that all need to work perfectly in order to produce the goods that keep the world running. In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

CIO Business Intelligence

AUGUST 25, 2023

But when tossing away thousands of diapers damaged during the manufacturing process becomes an everyday occurrence, something has to be done to provide relief for the bottom line. But things go awry and when they do, Proctor & Gamble now employs its Hot Melt Optimization platform to catch snags and get the process back on track.

Predictive Analytics 98

Predictive Analytics IoT Manufacturing Analytics 98

CIO Business Intelligence

JANUARY 26, 2024

People don’t think of a large, 100-year-old manufacturing company as high tech.” But it is — and Ford now positions itself as a software-defined vehicle (SDV) manufacturer, Musser says. It will enable Ford to better understand how their vehicles are performing in the field and lead to future improvements.”

IoT 119

IoT Manufacturing Digital Transformation Internet of Things 119

Smart Data Collective

MARCH 29, 2023

Precedence Research reports that the market for AI in the automotive sector was worth $3.5 From autonomous vehicles to predictive maintenance and optimized production processes, AI is revolutionizing every aspect of the automotive industry. AI has a significant advantage in manufacturing.

Manufacturing 96

Manufacturing Cost-Benefit Machine Learning Optimization 96

Smart Data Collective

MARCH 28, 2019

According to a report by Gartner, the economic impact of all products connected to the IoT will exceed $300 billion by next year. Their main focus on collecting big data has been to optimize their business functions. As ZDNet reports: “Certain industry segments have gravitated more towards big data than others.

IoT 90

IoT Big Data Internet of Things Optimization 90

Ontotext

APRIL 6, 2023

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. Manufacturing and Industry 4.0 For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

Jet Global

MARCH 20, 2023

Recognizing a need for better operational analytics, insightsoftware leveraged award-winning technology from Logi Analytics to provide Oracle ERP Cloud users the ability to customize, create, and share interactive dashboards and reports across all departments of a business.

Operational Reporting 52

Operational Reporting Reporting Uncertainty Finance 52

Jet Global

APRIL 10, 2022

April 11, 2022— insightsoftware , a global provider of reporting, analytics, and performance management solutions that drive greater financial intelligence, today expanded the Angles product line , with the launch of new solutions for no-code operational reporting for NetSuite and Deltek. RALEIGH, N.C. Angles streamlines the process.

Operational Reporting 52

Operational Reporting Reporting Finance Interactive 52

IBM Big Data Hub

OCTOBER 24, 2023

Organizations need simplified, integrated and automated solutions to help optimize IT spend, improve operations and drive greater financial returns. IBM Consulting’s vision for the future of FinOps We at IBM Consulting understand that it is hard to manage, predict and optimize cloud spending.

Consulting 80

Consulting Manufacturing Optimization Data-driven 80

CIO Business Intelligence

APRIL 26, 2023

The past few years have shown how prone to failure global logistics chains are, and he added this also has far-reaching consequences for the German manufacturing industry. The number of complaints would also fall as a result, and the condition and maintenance of systems would be optimized, the provider said.

Manufacturing 89

Manufacturing Optimization Digital Transformation Metrics 89

CIO Business Intelligence

APRIL 30, 2024

It’s like having a mini data center right where the action happens.IDC reports worldwide spending on edge computing is expected to reach $232 billion in 2024, an increase of 15.4% Bandwidth optimization. This optimization improves efficiency and reduces costs. over 2023 2. Security and privacy. Personalization.

Forecasting 103

Forecasting Optimization Advertising IoT 103

IBM Big Data Hub

JULY 26, 2023

Discover the current and emerging use cases for AI in waste management, optimization, energy reduction and ESG reporting. Inventory optimization is important to ensure you have enough stock while also meeting customer demand. Anomaly detection: Some manufacturers have zero-defect goals.

Optimization 76

Optimization Manufacturing Cost-Benefit Reporting 76

CIO Business Intelligence

JANUARY 10, 2024

Optimizing cloud investments requires close collaboration with the rest of the business to understand current and future needs, building effective FinOps teams, partnering with providers, and ongoing monitoring of key performance metrics. You worry you don’t have enough capacity, so you overprovision,” he says.

Cost-Benefit 123

Cost-Benefit Measurement Optimization Metrics 123

CIO Business Intelligence

DECEMBER 6, 2023

The 30,000-employee company manufactures fiber-based and recycled paper packaging for large clients, including Amazon, Unilever, and Nestle, at more than 300 manufacturing sites globally, primarily in Europe, though the company has a facility in Atlanta as well.

Manufacturing 91

Manufacturing Data Lake Digital Transformation Machine Learning 91

CIO Business Intelligence

DECEMBER 18, 2023

From climate modelling to energy management, optimizing renewable energy and adapting to extreme weather events, AI is deploying its power to improve our fight against climate change. According to a report commissioned by Microsoft from PwC, the use of AI in environmental use cases could contribute up to 5.2

Consulting 114

Consulting Manufacturing Machine Learning Measurement 114

CIO Business Intelligence

FEBRUARY 10, 2023

The report projects the market will reach $38 billion by 2028, growing at a compound annual growth rate (CAGR) of about 20.4% By optimizing marketing campaigns with predictive analytics , organizations can also generate new customer responses or purchases, as well as promote cross-sell opportunities. from 2022 to 2028.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. Keeping pace with the connected consumer, embracing emerging trends in shopping, or staying ahead of the competition—these challenges bear down on retailers and manufacturers greater than ever before.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

IBM Big Data Hub

APRIL 22, 2024

“AI is an unbelievable opportunity to address some of the world’s most pressing challenges in health care, manufacturing, climate change and more,” said Christina Shim, IBM’s global head of Sustainability Software and an AI Ethics Board member. In our 2023 Impact Report , we reported that 70.6%

Cost-Benefit 92

Cost-Benefit Modeling Manufacturing Reporting 92

IBM Big Data Hub

JUNE 19, 2023

By sourcing materials and labor from countries with lower labor and manufacturing costs, businesses were able to capitalize on the economic boom, produce more goods and services, and minimize their costs. However, a 2022 report by the World Bank estimated that the global economy could lose up to USD 1.2

Risk 81

Risk Manufacturing Reporting Modeling 81

IBM Big Data Hub

JULY 12, 2023

GKN Aerospace is a leading global supplier in the aerospace industry, specializing in the design, manufacturing, and supply of advanced aerospace systems and components. With physical locations in 12 countries and 34 manufacturing sites worldwide, the company employs over 16,000 people.

Manufacturing 63

Manufacturing Finance Sales Cost-Benefit 63

Smart Data Collective

SEPTEMBER 25, 2023

It doesn’t matter if you own a manufacturing business, an ecommerce, or a retail shop, you have IT needs. A survey report by Spiceworks shows that 66% of businesses are planning to increase their year-over-year IT spending. You also need to optimize it. How to Optimize IT Budgeting? You might be one of them.

Data-driven 104

Data-driven IT Cost-Benefit Big Data 104

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 93

Reporting Cost-Benefit Internet of Things Data-driven 93

CIO Business Intelligence

MARCH 26, 2024

Make the right choice for the environment HP Managed Print Service (MPS) is CarbonNeutral® certified in accordance with The CarbonNeutral Protocol1 and covers the lifecycle emissions of HP printers, HP supplies, paper, manufacturing, transportation, use, and even end of service.

Manufacturing 59

Manufacturing Measurement Optimization Management 59

CIO Business Intelligence

JULY 18, 2023

It was when Nvidia reported strong results for the three months to April 30, 2023, and forecast that its sales could jump by 50% in the following fiscal quarter, that its stock market valuation soared, catapulting it into the exclusive trillion-dollar club alongside well-known tech giants Alphabet, Amazon, Apple, and Microsoft.

Manufacturing 98

Manufacturing Forecasting Software Marketing 98

CIO Business Intelligence

DECEMBER 6, 2023

In a 2023 Freshworks Benchmark Report , 42.7% Supply chain efficiencies: With the complexity of today’s supply chains, manufacturers who rely on something like a product going viral on social, risk losing out on explosive customer demand. Faster resolution times can save retailers time and costs.

Manufacturing 110

Manufacturing Reporting Interactive Marketing 110

CIO Business Intelligence

JANUARY 8, 2024

Instead, the publicly held operator of Cathay Pacific Airlines and HK Express is shifting from migration to optimization mode in an effort to wrest additional benefits from its all-in cloud transformation. Enhanced automation and self-service will also be emphasized as part of the cloud optimization strategy, Nair says.

Optimization 108

Optimization Digital Transformation Cost-Benefit Data Warehouse 108

DataKitchen

MARCH 16, 2023

All you had to do was to write a few bullet points every week in the text for your report for last your boss. Where is your metrics report? What should be in that report about your data team? When data errors corrupt reports and dashboards, it can be extremely uncomfortable for the manager of the data team.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

datapine

AUGUST 19, 2020

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

datapine

JUNE 5, 2019

Without the existence of dashboards and dashboard reporting practices, businesses would need to sift through colossal stacks of unstructured data, which is both inefficient and time-consuming. With such dashboards, users can also customize settings, functionality, and KPIs to optimize their dashboards to suit their specific needs.

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

APRIL 5, 2022

Optimas Solutions, a manufacturer and distributor of fasteners, is using data analytics in three critical areas to improve operations and relationships with its suppliers and customers, says Mark Korba, vice president of supply chain and business intelligence at the company. Another benefit is warehouse optimization.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

CIO Business Intelligence

MARCH 8, 2023

Enterprises driving toward data-first modernization need to determine the optimal multicloud strategy, starting with which applications and data are best suited to migrate to cloud and what should remain in the core and at the edge. A hybrid approach is clearly established as the optimal operating model of choice.

Manufacturing 92

Manufacturing Business Objectives Cost-Benefit Optimization 92

IBM Big Data Hub

FEBRUARY 29, 2024

They’re using that renewable energy for a wide variety of things, including: Powering operations : In manufacturing, wind energy and solar power are fueling warehouses and factories. Optimizing energy efficiency : Companies are also investing in technologies to optimize their energy use and further reduce their carbon emissions.

IoT 99

IoT Internet of Things Optimization Manufacturing 99

Cloudera

AUGUST 12, 2021

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.

Data-driven 107

Data-driven Manufacturing Insurance Risk Management 107

CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143