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 113

ROI Manufacturing Cost-Benefit IoT 113

Smarten

AUGUST 31, 2022

Increase the ROI and TCO of Tally ERP with Integrated Tally Mobile Analytics! If you are considering, or have already purchased software, you probably faced the questions from your management team about return on investment (ROI) and total cost of ownership (TCO). On the surface, the calculations for TCO and ROI may seem simple.

ROI 52

ROI Analytics Software Finance 52

Smarten

FEBRUARY 8, 2023

The client is one of the leading pipe manufacturers in India and among only a few companies adopting the latest technology and quality control programs that are widely accepted at a global level to develop CPVC plumbing systems as per the Indian plumbing market. The company has manufacturing units at Gujarat, Himachal Pradesh, and Tamil Nadu.

Business Intelligence 52

Business Intelligence Manufacturing Sales Cost-Benefit 52

Smarten

SEPTEMBER 21, 2022

How Can I Improve ROI for Tally ERP? Surveys reveal that the top three vertical industries currently using Tally ERP include Manufacturing, Retail and Real Estate. So, Return on Investment (ROI) is paramount! Original Post : Combine Tally ERP with Analytics and Improve ROI! It’s Simple! Add Analytics!

ROI 52

ROI Slice and Dice Analytics Cost-Benefit 52

CIO Business Intelligence

MARCH 12, 2024

With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI. When these additional costs appear, the original ROI prognosticators get unhappy.

ROI 117

ROI IT Manufacturing Metrics 117

CIO Business Intelligence

APRIL 26, 2022

Quality is another important aspect of manufacturing. Whether you’re talking about components on a high-speed production line or levels in filling machines, every facet of the manufacturing industry focuses on quality detection and quality assurance. How can we improve manufacturing personnel and facility safety?

Manufacturing 84

Manufacturing Optimization Metrics Deep Learning 84

Smarten

FEBRUARY 2, 2023

Client is a leading manufacturing and marketing firm of ceramics tiles with more than 20 years in the industry. They are manufacturing ceramic tiles, glass mosaics and porcelain mosaics under four different brands based on applications like designer kitchen, bathroom, swimming pools and parking.

Manufacturing 52

Manufacturing ROI Analytics Marketing 52

Smarten

DECEMBER 26, 2022

Improve Tally ERP TCO and ROI and Make Your Business Users Happy with Integrated Analytics! If the business wishes to get the most out of Tally ERP and improve ROI and TCO, it is wise to consider the addition of integrated analytics.’. Original Post : Integrate Mobile Analytics with Tally ERP to Improve ROI/TCO!

ROI 52

ROI Analytics Key Performance Indicator Finance 52

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

CIO Business Intelligence

MAY 29, 2024

Can order management automation provide the ROI you need to justify the investment? The ROI of automation It’s true that automation solves the labor-intensive tasks that slow us down. But increasingly, industry leaders seem pessimistic about the ROI they’ve achieved from their digital tools. What is Automated Order Management?

Management 77

Management ROI IT Cost-Benefit 77

bridgei2i

NOVEMBER 3, 2021

Driving AI Adoption in the Manufacturing Industry. Tune in to listen to Ronobijay Bhaumik and Aditya Karnani as they engage in a conversation about how empowering workers with decision-making skills can lead to accelerated adoption of AI in the manufacturing industry. [3:40] Subscribe Now. Highlights. Transcript Transcript.

Manufacturing 52

Manufacturing Enterprise ROI Digital Transformation 52

IBM Big Data Hub

AUGUST 11, 2023

Manufacturing execution systems (MES) have grown in popularity across the manufacturing industry. If your manufacturing processes have become more intricate and challenging to manage manually, an MES can help streamline manufacturing operations management, increase efficiency and reduce errors.

Software 69

Software Manufacturing Cost-Benefit ROI 69

DataKitchen

MARCH 8, 2023

Like in product manufacturing, finding and reducing errors are the keys to data and analytics manufacturing success. Manufacturing production errors refer to mistakes or defects that occur during the manufacturing process. The day-to-day production of data analytics is also a manufacturing process. Will it work?

Analytics 130

Analytics Manufacturing Data-driven Data Analytics 130

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. The average ROI from RPA/IA deployments is 250%. Robotic Process Automation is for “more than once” automation.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

CIO Business Intelligence

JANUARY 3, 2024

Beyond buildings and bridges, use cases range from remotely driving bulldozers in mines, virtual training on large, specialized equipment, specialty manufacturing design, as well as restaurant design, parking monitoring, and airport operation. All companies that practice and plan with live twins are getting an edge over their competition.

Cost-Benefit 115

Cost-Benefit ROI Manufacturing Optimization 115

CIO Business Intelligence

AUGUST 30, 2023

Corporate projects are classically evaluated on standard matrices such as return on investment (ROI), break-even period, and capital invested. A manufacturing organization can be broken down into three big blocks — manufacturing, supply chain, and sales and marketing — wherein the company strives to bring in efficiencies.

Digital Transformation 90

Digital Transformation Experimentation ROI Risk 90

Cloudera

JANUARY 29, 2021

This conundrum is a major challenge that the Manufacturing industry wrestles with everyday that limits meaningful ROI, scalability, or success and it’s due to the challenges and approaches Manufacturing and Industrial companies are taking when approaching Industry 4.0. Lack of Clear ROI . Clearly Industry 4.0

Internet of Things 53

Internet of Things Manufacturing ROI Machine Learning 53

IBM Big Data Hub

OCTOBER 24, 2023

Making the right technology investment decisions today is critical to building competitive advantage, fueling innovation and driving ROI. An international manufacturing company needed to improve asset management and cost allocation processes. They began in the initial stages of the FinOps journey and maturity.

Consulting 79

Consulting Manufacturing Optimization Data-driven 79

CIO Business Intelligence

JANUARY 23, 2024

For example, manufacturers should capture how predictive maintenance tied to IoT and machine learning saves money and reduces outages. Joanne Friedman, PhD, CEO, and principal of smart manufacturing at Connektedminds, suggests using three value-based KPIs: time to data, time to decision, and overall time to value.

Measurement 122

Measurement Digital Transformation KPI Metrics 122

DataRobot Blog

AUGUST 18, 2022

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. AI enables manufacturers and retailers to innovate across their operations and maximize business impact. AI in Supply Chain Management.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

CIO Business Intelligence

NOVEMBER 15, 2023

Rizza lays out several ERP use cases that organizations find more effective when AI is applied, such as improving manufacturing processes and the financial close process, along with improvement in business processes such as project management, product life cycle and fulfillment, and services management.

Digital Transformation 117

Digital Transformation Cost-Benefit ROI Manufacturing 117

IBM Big Data Hub

MAY 17, 2023

They determined an ROI of 212% over 3 years for a composite organization based on interviewed customers who are running their SAP environments in IBM Cloud. Forrester Consulting interviewed clients who deployed SAP solutions globally on IBM Cloud as part of the IBM-commissioned 2023 Total Economic Impact study.

Consulting 117

Consulting ROI Manufacturing Management 117

datapine

JULY 6, 2022

Productivity can be measured in many different ways and at different levels, from the raw industrial output of an asset in a manufacturing facility to the specific individual sales performance of a vendor. There is a manufacturing element here that draws appeal to all industries. Productivity Metrics In Manufacturing.

Measurement 243

Measurement Metrics KPI Sales 243

CIO Business Intelligence

MAY 13, 2024

Overall, IT projects are meant to create a leaner, more profitable company, says Bilker, CIO of manufacturer Lift Solutions Holding. Nevins says many companies have struggled to articulate anticipated ROIs from their AI investments, even those investments that leverage AI tools built into existing enterprise software.

IT 121

IT Digital Transformation ROI Strategy 121

Smart Data Collective

JULY 28, 2021

As a retailer or manufacturer selling via e-commerce platforms, you already know the importance of using big data to improve automation. So far, most automation in this realm has been employed in the manufacturing process, but now, an increasing number of retailers are automating shipping too. billion by 2027.

Data-driven 133

Data-driven Big Data Manufacturing ROI 133

CIO Business Intelligence

JUNE 1, 2023

The ROI of HPC-driven innovations HPC provides value to most organizations, regardless of industry. A Hyperion study 1 estimates the return on investment (ROI) of HPC to be $44 of profit for every dollar of investment in HPC. “To Beyond its ROI, HPC is revolutionary for scientists and engineers. million,” shares Hyperion. “To

ROI 85

ROI Cost-Benefit Machine Learning Testing 85

CIO Business Intelligence

MAY 9, 2023

Manufacturing is always being challenged on its costs and if there are alternative methods and locations. The only way to measure IT is to enforce a requirement that all large scale new or modified system projects are analyzed, after completion, to verify that the objectives were met and the ROI was proven.

ROI 52

ROI Sales Measurement Advertising 52

CIO Business Intelligence

MARCH 11, 2024

A manufacturing company might need a solution that can help them improve efficiency, reduce waste, and stay competitive in the global marketplace. This translates to higher productivity, improved decision-making, and ultimately, higher ROI. They understand the jargon, the workflows, the pain points.

Manufacturing 73

Manufacturing Cost-Benefit Finance Marketing 73

Smarten

JULY 20, 2023

ROI and TCO Mobile access makes it easier for users to adopt and leverage tools so return on investment (ROI) and total cost of ownership (TCO) are enhanced. For more information on Mobile BI and Augmented Analytics, read our article, Mobile BI Solves Real World Problems And Improves ROI And TCO.

ROI 40

ROI Cost-Benefit Digital Transformation Statistics 40

Smarten

FEBRUARY 1, 2023

Statista surveyed numerous vertical industries, including Financial Services, Government, Healthcare, Manufacturing, Professional Services, Retail, Software Technology, and Telecommunications and 31% to 61% of these industries identified mobile analytics as ‘very important’. Why is Mobile BI Crucial to Your Business Success?

Analytics 52

Analytics ROI Optimization Data Warehouse 52

CIO Business Intelligence

SEPTEMBER 11, 2023

Hussman, which manufactures and services commercial refrigeration equipment for food retailers globally, is a 117-year-old company. But today even companies that manufacture physical goods have to have a digital-savvy C-suite, Seals says. Digital technology is infiltrating our business in ways we never thought of ourselves,’’ he says.

Digital Transformation 130

Digital Transformation ROI Strategy Technology 130

CIO Business Intelligence

FEBRUARY 5, 2024

Key use cases powered by edge AI: Redefining possibilities Edge AI is redefining possibilities in every industry through a variety of use cases, such as: Manufacturing optimization: Edge AI enables predictive maintenance, automated quality control and process optimization to minimize downtime, improve production yield and maximize productivity.

Optimization 112

Optimization Data Governance IoT Enterprise 112

DataKitchen

JUNE 24, 2021

The first-class citizen is data and the product that you’re manufacturing is a data solution. Introducing that parallel manufacturing path for data as a first-class citizen, for data as a product or data as a solution, is where the challenge comes in getting started.”. DataOps Maximizes Your ROI. Design for measurability.

ROI 211

ROI Metrics Measurement Cost-Benefit 211

IBM Big Data Hub

AUGUST 8, 2023

times higher ROI versus public cloud alone. And trailblazers investing in AI are seeing a revenue uplift of 3 to 15 percent and a sales ROI uplift of 10 to 20 percent. It’s about providing joint solutions companies seek to improve costs, productivity and resilience by accelerating their hybrid cloud and AI journeys.

Enterprise 77

Enterprise Consulting ROI Cost-Benefit 77

CIO Business Intelligence

AUGUST 16, 2022

Keith Bentley of software developer Bentley Systems describes digital twins as the biggest opportunity for IT value contribution to the physical infrastructure industry since the personal computer, and they’re used in a wide variety of industries , lending enterprises insights into maintenance and ways to optimize manufacturing supply chains.

Visualization 141

Visualization Cost-Benefit IoT ROI 141

CIO Business Intelligence

JUNE 6, 2023

It is a formula designed to help businesses assess the potential value of a new investment or initiative and typically has been used for ‘business investments’ such as a new marketing campaign, or building a new manufacturing plant. However, given the competition for capital or budget, this must also be applied to data and analytics spend.

Optimization 52

Optimization Cost-Benefit ROI Data-driven 52

CIO Business Intelligence

JANUARY 10, 2024

Refactoring applications to take advantage of cloud-native services is vital to maximizing cloud ROI. Automation is also paramount here, says the CIO at a major Europe-based manufacturer who asked that his name and company not be used. “We It took a few years to figure out what our capacity needs looked like.”

Cost-Benefit 104

Cost-Benefit Measurement Optimization Metrics 104