Smart Data Collective

JUNE 23, 2022

Chip shortages, among other components, have fueled a steep increase in car prices, as much as USD$900 above the manufacturer-suggested retail price (MSRP) for non-luxury cars and USD$1,300 above MSRP for luxury ones. . The cars themselves are valuable sources of data, an estimated 25 GB that can help manufacturers understand trends more.

Analytics 120

Analytics Manufacturing Internet of Things Risk 120

Ontotext

APRIL 6, 2023

Manufacturing and Industry 4.0 For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. As we have seen, many leading auto part makers and car manufacturers use knowledge graphs to improve their operations. And that’s not all. Some of the top U.S.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

Cloudera

AUGUST 12, 2021

In a 2021 white paper titled “Data Excellence: Transforming manufacturing and supply systems“ written by the World Economic Forum and the Boston Consulting Group, it documented that 75% of executives interviewed believed that advanced analytics in manufacturing was more important today than three years ago. Risk Management.

Data-driven 108

Data-driven Manufacturing Insurance Risk Management 108

IBM Big Data Hub

JANUARY 30, 2024

Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management. Retail: Manage e-commerce platforms, customer data analytics and supply chain logistics, where data analysis often must occur at the edge.

Manufacturing 78

Manufacturing Business Objectives Optimization Risk Management 78

IBM Big Data Hub

MARCH 20, 2024

This is evident from emerging regulatory requirements and expectations in UK (Bank of England’s Critical Third-Party regime), Europe (Digital Operational Resilience Act)), Australia (APRA CPS-230 Operational Risk Management) and Canada (OSFI – Operational Resilience and Operational Risk Management), etc.

Risk Management 79

Risk Management Risk Enterprise Business Services 79

Smart Data Collective

JUNE 19, 2022

The availability of materials can cause failures, as suppliers cannot manufacture products when they lack the resources to do so. Undoubtedly, the best way to mitigate the risks associated with suppliers is with a robust supplier risk management system. This is one area that can be partially resolved with AI.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

IBM Big Data Hub

FEBRUARY 13, 2024

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

Cost-Benefit 85

Cost-Benefit Scorecard Risk Recreation/Entertainment 85

DataRobot

OCTOBER 5, 2021

Throughout history, introducing innovations in fields like aviation and nuclear power to society required robust risk management frameworks. AI is no different, and by its nature, it demands a comprehensive approach to governance utilizing risk management.

Risk Management 95

Risk Management Testing Risk Data Science 95

IBM Big Data Hub

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 84

Risk Management Risk Management Measurement 84

CIO Business Intelligence

DECEMBER 19, 2023

Initiatives vary by industry and business strategy and may include smart manufacturing , digital health , e-government initiatives , sustainability programs , digital twins , and others. CIOs should look for other operational and risk management practices to complement transformation programs.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

JANUARY 22, 2024

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. As a result, companies find it increasingly difficult to manage their attack surface at the speed and scale necessary to prevent attacks.

Digital Transformation 125

Digital Transformation Risk Cost-Benefit Risk Management 125

CIO Business Intelligence

APRIL 19, 2023

Against this backdrop of preparation for conflict, a new study by the Center for European Policy Analysis (CEPA) highlights how the world’s reliance on Taiwan’s semiconductor manufacturing capabilities exposes it to critical supply-chain vulnerabilities. Instead, they rely on contract manufacturers known as foundries to make their chips.

IT 52

IT Manufacturing Risk Risk Management 52

CIO Business Intelligence

JULY 4, 2022

The COO role, however, is more commonly found in companies that manufacture physical products, whereas the CAO role is better suited to companies focused on offering services. They’re responsible for overseeing projects such as choosing new technology upgrades, finding new plants for manufacturing, and overseeing physical supply chains. .

Manufacturing 98

Manufacturing Finance Reporting Risk Management 98

CIO Business Intelligence

JULY 5, 2022

The COO role, however, is more commonly found in companies that manufacture physical products, whereas the CAO role is better suited to companies focused on offering services. They’re responsible for overseeing projects such as choosing new technology upgrades, finding new plants for manufacturing, and overseeing physical supply chains. .

Manufacturing 97

Manufacturing Finance Reporting Risk Management 97

IBM Big Data Hub

DECEMBER 15, 2023

The company even reduces waste through recycling returns and other sustainable materials during the manufacturing phase. Unilever is not only cutting their plastic usage, but also fighting against food waste in their manufacturing. Patagonia uses eco-friendly materials when creating their products and packaging.

Consulting 72

Consulting Manufacturing Strategy Risk Management 72

CIO Business Intelligence

JANUARY 24, 2024

When you look at other industries like manufacturing and services, productivity has continually increased, whereas business productivity in construction has remained fairly flat.” We’re in an industry that is ripe for transformation,” says Higgins-Carter, pictured above, center.

Risk Management 119

Risk Management Risk Management Digital Transformation 119

Jet Global

JUNE 25, 2021

These ERP-friendly tools address a critical challenge for many financial teams: how to efficiently access ERP data that spans a company’s operations from supply chain and manufacturing to sales and accounting to generate meaningful insights about a company’s performance. The key is to go deep.

Technology 95

Technology Finance Risk Management Manufacturing 95

IBM Big Data Hub

FEBRUARY 19, 2024

For example, IBM Food Trust® , a collaborative network of growers, processors, wholesalers, distributors, manufacturers, retailers and others, uses blockchain technology to improve visibility and accountability across the food supply chain.

Strategy 87

Strategy Management Forecasting Cost-Benefit 87

CIO Business Intelligence

DECEMBER 8, 2022

This is designed to help manufacturing, transportation and other industries accelerate sustainability initiatives and make data-driven decisions to reduce their carbon footprint and become more efficient through the intelligent use of IoT connectivity. Today’s complex challenges require ambitious solutions that can scale and evolve over time.

IoT 101

IoT ROI Cost-Benefit Risk 101

IBM Big Data Hub

FEBRUARY 13, 2024

To have the greatest impact, generative design must be integrated throughout the product development cycle, from the initial concept to manufacturing and procurement. Fraud detection and risk management : Generative AI can quickly scan and summarize large amounts of data to identify patterns or anomalies.

Enterprise 124

Enterprise Modeling Testing Data-driven 124

CIO Business Intelligence

APRIL 1, 2022

All too often, executives look at value chains exclusively through the lens of risk management and economic value, not realizing that sustainability can—and should—also be a part of the equation. Reducing ethical sourcing risks.

Cost-Benefit 52

Cost-Benefit Risk Risk Management Manufacturing 52

CIO Business Intelligence

DECEMBER 7, 2023

While we have made meaningful progress, we recognize this is a persistent and evolving threat, so you have to stay up to speed on trends and risk management capabilities. There are two sides of the coin to this risk, and the other side is about recovering faster and building tactical resiliency.

Testing 106

Testing Risk Marketing IoT 106

DataRobot

NOVEMBER 12, 2021

Since our founding DataRobot has collaborated with insurance, banking, retail, manufacturing, transportation, government, and even professional sports organizations. We’ve learned over time, the processes, data fluency, ingenuity and risk tolerances vary greatly across and even within industries. Next, we assess and educate.

Insurance 69

Insurance Risk Risk Management Manufacturing 69

Cloudera

OCTOBER 28, 2021

For example, the types of data sourced from other industries that we can use in the underwriting process include: Manufacturing – sensors (for quality, safety and maintenance-related). Retail – location (and associated risk), type of equipment used, inventory sensors, supply chain data, hours of operation.

Insurance 94

Insurance Risk Unstructured Data Data-driven 94

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

IT 112

IT Cost-Benefit Risk Consulting 112

CIO Business Intelligence

DECEMBER 29, 2023

The demand for these types of capabilities will drive roadmaps as organizations seek to use generative AI in more use cases focused on addressing exceptions in processes, including client support, manufacturing, service execution, and operations, he says.

Cost-Benefit 140

Cost-Benefit Digital Transformation Consulting Strategy 140

CIO Business Intelligence

JULY 31, 2023

Douglas Merrill, a partner at management consulting firm McKinsey & Co., You have to be learning as things move forward but do [iterations] that are safe and controlled and focus on risk management,” he explains. And buyers most often disagreed that generative AI will expose them to greater risks.

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

APRIL 22, 2024

Questi requisiti sono suddivisi in tre macroaree: governance, risk management e controllo della catena di fornitura. Ma è sempre una spesa da giustificare davanti al top management”.

Data Lake 106

Data Lake Testing Management IoT 106

bridgei2i

APRIL 29, 2020

Manufacturing shutdowns, factory closures, limited warehouse capacities, and inadequate logistics have brought Supply Chains to a standstill. Thus, in the wake of the situation now, the companies that have protocols related to Risk Management and agility in management decisions will win the market.

KPI 52

KPI Risk Management Measurement Risk 52

CIO Business Intelligence

MAY 18, 2022

That requires enterprise architects to work more closely with risk management and security staff to understand dependencies among the components in the architecture to better understand the likelihood and severity of disruptions and formulate plans to cope with them.

Enterprise 122

Enterprise Measurement Data-driven Software 122

CIO Business Intelligence

MARCH 21, 2022

Security and risk management is the highest-ranked technology initiative commanding IT investment this year, cited by 45% of respondents. a manufacturer of specialty trucks and access equipment based in Oshkosh, Wis. Skyworks is both adopting a defensive posture (i.e., Anupam Khare Oshkosh Corporation At Oshkosh Corp.,

IT 131

IT Digital Transformation Consulting Technology 131

Smart Data Collective

FEBRUARY 2, 2021

FinTech, as a whole, relies mostly on Big Data , helping the industry overcome regulatory obstacles and create innovative solutions such as virtual banking assistants and risk management tools for trading. Public services. Until not that long ago, Government and public services were largely bureaucratic.

Big Data 84

Big Data Recreation/Entertainment Cost-Benefit Finance 84

IBM Big Data Hub

MAY 17, 2024

For example, a recent analysis from McKinsey found that nearly 20% of logistics costs could stem from “blind handoffs”—the moment a shipment is dropped at some point between the manufacturer and its intended location. The technology can also provide strategic and personalized financial solutions.

B2B 70

B2B Interactive Optimization Forecasting 70

CIO Business Intelligence

MARCH 22, 2022

Pujari has over 25 years of experience across sectors including BFSI, manufacturing, consulting, publishing, airlines, and healthcare. At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. . He will be based in Gurugram.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

Alation

AUGUST 17, 2022

It’s a lot easier in manufacturing, more difficult elsewhere. Constellation Analyst Dion Hinchcliffe suggests that functions should be loosely integrated into the following streams: Governance, risk, compliance. Enterprise risk management. Data management. Also, data quality is only one aspect of data.”.

Data Governance 92

Data Governance Risk Data-driven Measurement 92

John Wheeler

SEPTEMBER 15, 2020

However, the COVID-19 recovery will be grounded in how business operations in industries as varied as manufacturing, transportation, retail, healthcare, life sciences, energy, etc. As the recovery efforts fully take hold in 2021, a deep understanding of the integrated nature of risks associated with business operations will take center stage.

Risk Management 52

Risk Management Risk Management Business Objectives 52

Andrew White

MAY 21, 2022

When the market perceives risk, capital seeks the safest investments. This will actually make imports to the US cheaper, helping manufacturing and reduce inflation. In the currency and foreign exchange markets that means the dollar. But it won’t slow down growth. This means we need even higher interest rates in the US to curb growth.

Risk 75

Risk Forecasting Marketing Manufacturing 75