CIO Business Intelligence

OCTOBER 1, 2022

(P&G) has grown to become one of the world’s largest consumer goods manufacturers, with worldwide revenue of more than $76 billion in 2021 and more than 100,000 employees. In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. Smart manufacturing at scale.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

Smart Data Collective

APRIL 24, 2022

AI is changing the future of the manufacturing sector. According to one survey, 76% of manufacturing companies have either deployed AI or are in the process of developing an AI system to use in the near future. More and more the interaction between humans and machines becomes a hot topic in the manufacturing world. Ergonomics.

Manufacturing 104

Manufacturing Cost-Benefit Interactive Data-driven 104

Smart Data Collective

JUNE 19, 2022

AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better. All companies require complex relationships with various suppliers and service providers to develop the products and services they offer to clients and customers — but those relationships always carry some risk. Failure or Delay Risk.

Risk 130

Risk Cost-Benefit Risk Management Manufacturing 130

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. Learn more about supply chain solutions The post Reshoring: The risks of swinging the pendulum too far appeared first on IBM Blog.

Risk 81

Risk Manufacturing Reporting Modeling 81

CIO Business Intelligence

OCTOBER 24, 2023

However, OT systems are present on the networks of nearly every organization, as they also include systems such as building management systems, fire control systems, physical access control mechanisms, HVAC systems, medical devices, and manufacturing equipment, to name a few. If you aren’t sure, you aren’t alone.

Risk 83

Risk Manufacturing Digital Transformation Management 83

CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. Security is paramount for the core infrastructure that supports manufacturing and industrial operations.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

3AG Systems

APRIL 4, 2023

While written in the early 16th century, many of its lessons remain relevant, especially when considering the challenges of digital transformation within the manufacturing industry. As a manufacturing leader, are you open to embracing new technologies such as AI, robotics, and advanced analytics? Are You Building Strong Alliances?

Digital Transformation 40

Digital Transformation Manufacturing Risk Strategy 40

3AG Systems

APRIL 3, 2023

The manufacturing sector is changing rapidly, fueled by the demand for real-time data, shop floor predictability, and data-driven decision-making. They enable manufacturers to visualize, predict, and optimize plant operations with minimized risk and increased reliability. By continuously. Read More

Manufacturing 40

Manufacturing ROI Data-driven Optimization 40

FineReport

SEPTEMBER 5, 2021

Under this situation, production dashboard seems vital for companies to command their manufacturing operations. Production dashboard, also known as manufacturing dashboard, belongs to KPI dashboards but more targets on manufacturing indicators. Manufacturing command room dashboard. What is a production dashboard?

Manufacturing 52

Manufacturing Dashboards Optimization KPI 52

3AG Systems

MARCH 21, 2023

Digital transformations hold the promise of improved efficiency, enhanced customer experiences, and increased competitiveness in the manufacturing industry. In this article, we will explore four ways mid-size manufacturers can combat these challenges and successfully implement digital transformation initiatives. Read More

Digital Transformation 40

Digital Transformation ROI Manufacturing Internet of Things 40

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

3AG Systems

JUNE 25, 2020

Whatever the cause, such data breakdowns can cause serious damage to manufacturers’ bottom lines. When it comes to keeping people informed so they can work more effectively, we don't sugar-coat our observations or advice. They limit operations data to the factory floor Everyone now understands the importance of data-driven operations.

Manufacturing 64

Manufacturing Data-driven Dashboards Sales 64

Cloudera

SEPTEMBER 11, 2020

The ongoing disruption to critical supply chains in both the manufacturing and retail space has seen businesses having to respond quickly, turning to data, analytics, and new technologies to better predict and manage ‘real-time’ business disruptions. . Supply-side. Automation opportunities.

Manufacturing 87

Manufacturing Forecasting Digital Transformation Sales 87

CIO Business Intelligence

DECEMBER 5, 2023

In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report. Why is this sector at such risk? Manufacturers also face a lack of skilled employees who can manage these converged environments.

Technology 105

Technology Strategy Manufacturing Digital Transformation 105

Smart Data Collective

JUNE 19, 2019

The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse. Tips for Improving Risk Management When Handling Big Data. Risk management is a crucial element of any successful organization.

Risk Management 70

Risk Management Risk Management Big Data 70

CIO Business Intelligence

MARCH 12, 2024

When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. CIOs can change this thinking by incorporating preemptive projects like disaster recovery into their corporate risk management strategies.

ROI 122

ROI IT Manufacturing Metrics 122

3AG Systems

APRIL 19, 2021

Inventory management is important for the success of any manufacturer. For many young, scaling manufacturing businesses, it’s also a challenge — one that automation can help overcome. What is manufacturing inventory management? partly produced goods) and finished goods.

Manufacturing 52

Manufacturing Management IT Sales 52

CIO Business Intelligence

NOVEMBER 14, 2023

In this article, we’ll explore the risks associated with IoT and OT connectivity and the measures that organizations need to take to safeguard enterprise networks. 6 IoT vulnerabilities to watch out for Security risks are a significant concern for businesses using LoT and OT technology.

IoT 130

IoT Enterprise Manufacturing Measurement 130

CIO Business Intelligence

FEBRUARY 20, 2024

Manufacturers have long held a data-driven vision for the future of their industry. Legacy data management is holding back manufacturing transformation Until now, however, this vision has remained out of reach. It’s one where near real-time data flows seamlessly between IT and operational technology (OT) systems.

Data Architecture 98

Data Architecture Unstructured Data Manufacturing IT 98

CIO Business Intelligence

OCTOBER 25, 2023

Enterprise use of AI tools will only grow, with industries like manufacturing leading the charge Our research shows that mirroring the broader AI trend, enterprises across industry verticals sharply increased their use of AI from May 2023 to June 2023, with sustained growth through August 2023. In general, they fall into two buckets: 1.

Enterprise 133

Enterprise Risk Manufacturing Finance 133

Smart Data Collective

MAY 15, 2019

On the other hand, big data has created a number of security risks that they need to be aware of, especially with brands leveraging Hadoop technology. Big data has created a number of security risks for Bluetooth users. Bluetooth Security Risks in the Age of Big Data. The best way to reduce the risk is to turn Bluetooth off.

Big Data 91

Big Data Risk Measurement Data mining 91

IBM Big Data Hub

FEBRUARY 16, 2024

A large, multinational automobile manufacturer responsible for producing millions of vehicles annually, engaged with IBM to streamline their manufacturing processes with seamless, automated inspections driven by real-time data and artificial intelligence (AI).

Manufacturing 99

Manufacturing Visualization Data-driven Measurement 99

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 119

Analytics Manufacturing Internet of Things Risk 119

CIO Business Intelligence

FEBRUARY 27, 2024

The dangers of sweating assets If you have an older phone, the manufacturer eventually stops updating the software. Your risk of data breach increases as soon as your assets are no longer protected from cyberthreats. Your risk of data breach increases as soon as your assets are no longer protected from cyberthreats.

Technology 105

Technology Management Manufacturing Cost-Benefit 105

CIO Business Intelligence

MARCH 18, 2024

How technology is used for social sustainability Governance and ethical practices: Data security and privacy technologies are critical for good governance, particularly in our digital-first world where cybersecurity risks are on the rise.

Manufacturing 119

Manufacturing Forecasting Technology Software 119

CIO Business Intelligence

MARCH 21, 2024

Those two efforts combined have enabled for the first time ever end-to-end visibility of McWane’s value chain for select businesses, from the manufacturing of products, through the sales process, all the way to recognizing revenue. IT Leadership, IT Strategy, Manufacturing Industry The Birmingham, Ala.-based

IT 111

IT Manufacturing Risk Management Risk 111

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. This means that while a few industries like pharma and hygiene-related firms find increased demand, specific industries based on supply chain, travel and tourism, manufacturing, etc. Management.

Risk Management 128

Risk Management Risk Enterprise Management 128

Ontotext

APRIL 6, 2023

More and more companies are using them to improve a variety of tasks from product range specification and risk analysis to supporting self-driving cars. Manufacturing and Industry 4.0 For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. And that’s not all.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

CIO Business Intelligence

AUGUST 2, 2023

The survey found tension between business leaders seeking competitive advantage, and IT leaders wanting to limit risks. Those in retail or financial services were most likely (62%) to report active use of it, closely followed by manufacturing, production, and distribution (59%), and technology (56%).

Enterprise 98

Enterprise Experimentation Manufacturing Risk 98

Dataiku

JANUARY 11, 2022

All industrial companies are engaged in a race to reduce their CO 2 emissions in order to adapt to a shift in market demand and better manage their environmental risks and obligations to comply both with financial market requests and future regulatory requirements. But doing so is far from simple.

Manufacturing 59

Manufacturing Forecasting Risk Marketing 59

IBM Big Data Hub

APRIL 5, 2024

Prolonged development cycles might harm automotive manufacturers’ sales and customer loyalty. Automotive manufacturers, having a wealth of data related to existing designs, can use these large bodies of data to train AI models. However, in today’s market, consumers demand rapid releases of new models.

Manufacturing 69

Manufacturing Testing Enterprise Modeling 69

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. Given that threat actors exploit critical vulnerabilities within mere hours of publication, this poses a serious security risk for companies. Respond to threats quickly.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

Smart Data Collective

SEPTEMBER 23, 2023

If you’re a manufacturer of IoT devices, you see compliance as something that keeps pushing product release deadlines further in the future. If you’re a consumer, you might not even know that your new smart TV or refrigerator can put your data at risk. These sectors do gather large volumes of sensitive and private user information.

IoT 112

IoT Internet of Things Manufacturing Marketing 112

Smart Data Collective

MARCH 29, 2023

AI has a significant advantage in manufacturing. AI can even be used for insurance programs that monitor driver behavior to calculate risks and costs. This can lead to significant cost savings for manufacturers and help them remain competitive in an increasingly crowded market. Time will tell how significant the impact will be.

Manufacturing 94

Manufacturing Cost-Benefit Machine Learning Optimization 94

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. 2 For instance, through sustainable strategic sourcing, companies consider questions like: Do manufacturing plants minimize waste and effectively use resources?

Cost-Benefit 84

Cost-Benefit Scorecard Risk Recreation/Entertainment 84

CIO Business Intelligence

FEBRUARY 10, 2023

With predictive analytics, organizations can find and exploit patterns contained within data in order to detect risks and opportunities. Such models enable the assessment of either the promise or risk presented by a particular set of conditions, guiding informed decision-making across various categories of supply chain and procurement events.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Smart Data Collective

DECEMBER 15, 2022

As the US Government Accountability Office warns, “ internet-connected technologies can improve services, but face risks of cyberattacks.” IEC 62443 or the International Electrotechnical Commission standard 62443 is a series of standards created to counter cyber risks involving operational technology in automation and control systems.

IoT 98

IoT Internet of Things Manufacturing Risk 98