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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Over the past decade, business intelligence has been revolutionized. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. 2019 was a particularly major year for the business intelligence industry. Source: Business Application Research Center *.

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Accuracy concerns slow manufacturers’ Gen AI adoption

CIO Business Intelligence

Manufacturers are implementing generative AI initiatives slower than anticipated due to accuracy concerns, according to a report from Lucidworks. The study surveyed over 2,500 global AI decision-makers and found that 58% of manufacturing leaders plan to increase AI spending in 2024, down from 93% in 2023.

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AI and generative AI are revolutionizing manufacturing…here’s how

CIO Business Intelligence

Manufacturing has been a longstanding pillar of progress for humankind. From the Industrial Revolution over 200 years ago to today, manufacturing has had a profound impact on our lives, made possible by its unrelenting innovation. Supply chain management Manufacturing can benefit from more predictive supply chain management.

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The strategy behind becoming a manufacturing superpower

CIO Business Intelligence

What do the top manufacturing countries have in common? Their manufacturing industries are laser-focused on melding IT with OT to create the smartest digital production lines possible. The world of manufacturing is undergoing a quiet revolution: the integration of Operational Technology (OT) and Information Technology (IT).

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US expands curbs on China’s AI memory and chip tools, raising supply chain concerns

CIO Business Intelligence

The rules impose export restrictions on equipment from manufacturers in countries including Israel, Malaysia, Singapore, South Korea, and Taiwan, while granting exemptions to firms in Japan and the Netherlands. Among those exempted are Japan’s Tokyo Electron and the Netherlands’ ASML, two leading chipmaking equipment manufacturers>.

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P&G turns to AI to create digital manufacturing of the future

CIO Business Intelligence

(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.

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Connecting the dots of smart manufacturing and networking

CIO Business Intelligence

Most Asia Pacific (APAC) organizations are either getting involved or already invested in smart manufacturing; 48% are just beginning their digital journey, while 45% have already adopted it. In 2025, Mordor Intelligence values the region’s connected manufacturing industry at US$54 billion, rising to more than $80 billion by 2029.