IBM Big Data Hub

AUGUST 1, 2023

Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation. ” What is risk-based application patching? Modern unified endpoint management (UEM) solutions include laptop management.

Risk 54

Risk Management Machine Learning IoT 54

CIO Business Intelligence

JANUARY 9, 2023

They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] Four Key Benefits of an End-to-End Analytics Service As many tech and industry leaders are noting, [3] businesses are now prioritizing value and speed to deployment.

IoT 120

IoT Internet of Things Cost-Benefit Digital Transformation 120

CIO Business Intelligence

OCTOBER 30, 2023

And this goes for government organizations as well as private corporations, as adaptability enables improved mission effectiveness, improved citizen service, increased operational efficiency, faster response times, the ability to do more with less, and reduced costs.

Digital Transformation 136

Digital Transformation Risk Management IoT Cost-Benefit 136

Cloudera

DECEMBER 18, 2018

Defining these is, therefore, a crucial element, and Cloudera is now taking part in just that for the biggest revolution we’ve seen in business and society: the Internet of Things (IoT). Standards for IoT. Architecture for IoT. Connectivity is a pretty well-defined part of the IoT puzzle. Open source for IoT.

IoT 43

IoT Internet of Things Machine Learning Insurance 43

IBM Big Data Hub

MAY 15, 2024

Business leaders risk compromising their competitive edge if they do not proactively implement generative AI (gen AI). This situation will exacerbate data silos, increase costs and complicate the governance of AI and data workloads. Users lower egress costs. However, businesses scaling AI face entry barriers.

Cost-Benefit 68

Cost-Benefit Data Integration Data Architecture Manufacturing 68

Cloudera

SEPTEMBER 5, 2018

While the Internet of Things (IoT) represents a significant opportunity, IoT architectures are often rigid, complex to implement, costly, and create a multitude of challenges for organizations. An Open, Modular Architecture for IoT.

IoT 47

IoT Machine Learning Internet of Things Cost-Benefit 47

Timo Elliott

MAY 8, 2023

It monitors sensors and indicators powered by IoT, machine learning, and digital twin technology in real-time, in the form of graphs, geographical maps, and advanced analytics of equipment and systems.

IoT 103

IoT Cost-Benefit Machine Learning Risk 103

IBM Big Data Hub

MARCH 20, 2024

In the business sphere, both large enterprises and small startups depend on public cloud computing models to provide the flexibility, cost-effectiveness and scalability needed to fuel business growth. artificial intelligence (AI) , edge computing, the Internet of Things (IoT) ). trillion in 2027.

Internet of Things 90

Internet of Things Cost-Benefit Data Processing IoT 90

BizAcuity

MARCH 1, 2019

IoT is basically an exchange of data or information in a connected or interconnected environment. As IoT devices generate large volumes of data, AI is functionally necessary to make sense of this data. IoT and AI together make this context, i.e. ‘connected intelligence’ from connected devices. Bringing the power of AI to IoT.

IoT 56

IoT Internet of Things Big Data Data-driven 56

CIO Business Intelligence

FEBRUARY 22, 2024

Since its creation over five years ago, the Digital Hub has included a team of experts in innovation, technologies, and trends — such as IoT, big data, AI, drones, 3D printing, or advances in customer experience — who work in concert with other business units to identify and execute new opportunities.

IT 88

IT Digital Transformation IoT Cost-Benefit 88

Smart Data Collective

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. Reduced Costs and Downtime. It is an Internet of Things (IoT) platform that promotes the creation of a digital representation of real places, people, things, and business processes. Convenience all the way!

Cost-Benefit 137

Cost-Benefit IoT Internet of Things Data-driven 137

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption.

Strategy 82

Strategy Management Forecasting Cost-Benefit 82

IBM Big Data Hub

MAY 31, 2023

Understanding and planning for when your equipment is likely to fail can drive greater efficiency in production operations, but how do you decide which strategy is the most cost-effective one for you? It is suited to low-cost, non-critical assets that don’t pose safety or operational risks if a run-to-failure strategy is deployed.

Cost-Benefit 89

Cost-Benefit Strategy IoT Internet of Things 89

IBM Big Data Hub

APRIL 22, 2024

We use to collect data from 6,500+ utility bills we receive globally each year and summarize total energy consumption, cost, and renewable electricity purchases across to save many hours of calculations. Our approach includes applying AI, Internet of Things (IoT), and advanced data and automation solutions to empower this transition.

IoT 78

IoT Internet of Things Cost-Benefit Reporting 78

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. IoT is the technology that enhances communication by connecting network devices and collecting data. AI is leading to massive changes in the IoT market. Experts project that 40% of all IoT changes will be shaped by AI.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

CIO Business Intelligence

JANUARY 3, 2024

This can often lead to improvements in efficiency, performance, and cost savings by way of a holistic view of building operations. To make the business case compared to the status quo, it’s important to itemize all of these and ensure the full benefits of the digital twin can be articulated and understood.

Cost-Benefit 115

Cost-Benefit ROI Manufacturing Optimization 115

CIO Business Intelligence

DECEMBER 7, 2023

You must also understand how moving to cloud drives changes in enterprise cybersecurity—how to protect those resources, drive down risk, and improve productivity. What’s the best return on our cybersecurity investment that takes the biggest bite out of cyberattack risk? What attack surfaces are exposed?

Enterprise 90

Enterprise Cost-Benefit Risk Data Processing 90

Cloudera

NOVEMBER 1, 2022

These systems can pose operational risks, including rising costs and the inability to meet mission requirements. . Mission use case: increasing visibility and mitigating supply chain risk . The source and availability of every material and part across each branch is an opportunity for risk.

Cost-Benefit 87

Cost-Benefit Data Architecture Risk IoT 87

IBM Big Data Hub

JUNE 20, 2023

The following are the six stages of asset lifecycle management: Planning: In the first stage of the asset lifecycle, stakeholders assess the need for the asset, its projected value to the organization and its overall cost. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 71

Strategy Management Cost-Benefit IoT 71

IBM Big Data Hub

DECEMBER 21, 2023

Manufacturing overseas allowed longer production runs with cheaper changeover costs between products, whereas reshoring requires greater flexibility and agility in production systems. Implementing these technologies requires upfront investment but results in more efficient, cost-effective production overall.

Manufacturing 80

Manufacturing Cost-Benefit Machine Learning Optimization 80

DataKitchen

JULY 27, 2023

Azure HDInsight: A fully managed cloud service that makes processing massive amounts of data easy, fast, and cost-effective. Diverse Data Sources: In the modern world, data comes from various sources, including traditional databases, IoT devices, cloud services, APIs, and more. Cost: Different tools have different pricing structures.

Machine Learning 130

Machine Learning Cost-Benefit Data Transformation Testing 130

CIO Business Intelligence

AUGUST 16, 2022

Plus, infrastructure developers can partner with digital twin providers and the surrounding ecosystem of service providers to benefit from the sale of the physical asset as well as the provisioning of ongoing digital services via digital twin models. This saves time and greatly reduces injury risk.

Visualization 141

Visualization Cost-Benefit IoT ROI 141

Smart Data Collective

MARCH 23, 2022

There are a lot of benefits of utilizing AI technology in the automotive sector. Many companies are using AI to create more energy efficient and cost-effective vehicles. Although there are many benefits of embedding AI in these cars, one of the biggest selling points is that it makes vehicles safer.

IoT 108

IoT Internet of Things Testing Cost-Benefit 108

CIO Business Intelligence

OCTOBER 16, 2023

Two significant changes have prompted a reassessment: first, business transformation projects necessitate comprehensive process evaluations, so the two domains can’t be viewed separately anymore; second, the growing emphasis on security has highlighted the substantial risks of using outdated, unmonitored technology.

Manufacturing 126

Manufacturing Strategy Cost-Benefit IoT 126

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. Risk reduction metrics can focus on security, business continuity, and compliance functions impacted by technology, data, and process improvements.

Measurement 122

Measurement Digital Transformation KPI Metrics 122

CIO Business Intelligence

APRIL 4, 2024

The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says. Production is another area that benefits from AI. “At Webster Bank is following a similar strategy. It’s a good accelerator in the beginning.”

Enterprise 123

Enterprise Cost-Benefit Forecasting Sales 123

IBM Big Data Hub

JANUARY 15, 2024

A recent study found that McKinsey research shows that organizations that “launched some flavor of digital transformation,” have only experienced a third of the expected revenue benefits on average. Trend: Cybersecurity By virtue of moving many services online, organizations are at greater risk of digital attacks.

Digital Transformation 70

Digital Transformation Internet of Things IoT Consulting 70

CIO Business Intelligence

FEBRUARY 28, 2024

It also requires a rethink of your business strategy to embrace advances in cloud computing, analytics, AI, IoT and automation. Or, you may have begun migrating to the cloud but now need edge computing and IoT to streamline your operations, or you may want to use AI to supercharge your business analytics.

Digital Transformation 52

Digital Transformation IoT Cost-Benefit Data Lake 52

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 90

Reporting Internet of Things Cost-Benefit Data-driven 90

CIO Business Intelligence

DECEMBER 8, 2022

While organizations know they need to mitigate environmental risks more effectively across the supply chain, often they struggle to translate that ambition into results. There is a clear company risk in not being sustainable, both to the planet and to the business. Businesses need to do more than just track carbon output.

IoT 69

IoT ROI Cost-Benefit Risk 69

IBM Big Data Hub

JUNE 14, 2023

artificial intelligence (AI) applications, the Internet of Things (IoT), robotics and augmented reality, among others) to optimize enterprise resource planning (ERP), making companies more agile and adaptable. With 3D printing, manufacturers can produce complex geometries in a single step, reducing manufacturing time and costs.

Manufacturing 72

Manufacturing Technology Internet of Things Cost-Benefit 72

CIO Business Intelligence

OCTOBER 17, 2023

The attack surface now extends to home offices, cloud applications, and public clouds, and there is an ever-increasing risk of lateral threat movement within highly interconnected hub-and-spoke networks protected by castle-and-moat security models. Today, they’ve realized this approach is inefficient and expensive.

Digital Transformation 129

Digital Transformation B2B IoT Cost-Benefit 129

Smart Data Collective

NOVEMBER 12, 2021

Big data has helped companies identify promising cost-saving measures, recruit the best talent, optimize their marketing strategies and realize many other benefits. However, there are a lot of other benefits of big data that have not gotten as much attention. Control Operational Costs. Global companies spent over $92.5

Data-driven 103

Data-driven Cost-Benefit Data mining Big Data 103

IBM Big Data Hub

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs.

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

IBM Big Data Hub

JUNE 30, 2023

As an added benefit, this can reduce working capital tied up to carrying high M&R part inventory levels. ​ Ensuring improved performance by proving out fulfillment scenarios prior to go-live​ Intelligently balancing omnichannel fulfillment costs against service to protect margins. .​ The possibilities?

Consulting 67

Consulting Cost-Benefit Manufacturing B2B 67

CIO Business Intelligence

OCTOBER 27, 2022

A key driver for this is the steep resource cost in keeping customized implementations apace with the latest features — a cost many CIOs forgo in favor of stagnancy, at the risk of falling behind. This is cumbersome and leads to additional cost.

IT 142

IT Cost-Benefit Finance Marketing 142

CIO Business Intelligence

JULY 11, 2022

The number of devices connected to the network has increased significantly with the proliferation of wireless POS, tablets, inventory trackers, and IoT devices. This helps to control costs and time needed to manage distributed networks. It merges security with SD-WAN to create a single, unified cloud service with far-reaching benefits.

Modeling 95

Modeling IoT Cost-Benefit Management 95