CIO Business Intelligence

JUNE 6, 2024

When used well, genAI has the potential to deliver meaningful societal impact and at the same time transform businesses towards more purpose-driven objectives. At the recent Dell Technologies World, Chairman and CEO of Dell Technologies Michael Dell, stressed the importance of reaping the benefits of AI responsibly. “AI

Cost-Benefit 94

Cost-Benefit IT Data-driven Digital Transformation 94

CIO Business Intelligence

APRIL 5, 2022

For some, leveraging data and analytics tools is proving to be an effective way to address the challenges. But the latest analytics tools, powered by machine learning algorithms, can help companies predict demand more effectively, enabling them to adjust production and shipping operations.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

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. It’s easy to see why.

Manufacturing 52

Manufacturing Data Lake Data Warehouse Big Data 52

Cloudera

SEPTEMBER 18, 2020

In Part Two they will look at how businesses in both sectors can move to stabilize their respective supply chains and use real-time streaming data, analytics, and machine learning to increase operational efficiency and better manage disruption. The 6 key takeaways from this blog are below: 6 key takeaways.

Manufacturing 89

Manufacturing Forecasting IoT Machine Learning 89

datapine

JUNE 5, 2019

“It is a capital mistake to theorize before one has data.”– Data is all around us. Data has changed our lives in many ways, helping to improve the processes, initiatives, and innovations of organizations across sectors through the power of insight. Let’s kick things off by asking the question: what is a data dashboard?

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

DECEMBER 6, 2023

Much of our digital agenda is around data. The 30,000-employee company manufactures fiber-based and recycled paper packaging for large clients, including Amazon, Unilever, and Nestle, at more than 300 manufacturing sites globally, primarily in Europe, though the company has a facility in Atlanta as well.

Manufacturing 97

Manufacturing Data Lake Digital Transformation Machine Learning 97

CIO Business Intelligence

JUNE 3, 2024

Cloud doesn’t just open the door to enabling advanced technologies like AI, hyper-automation, and big data analytics – it unlocks a complex realm of costs and expense management problems that can threaten innovation and its financial sustainability. This is the first and most essential step for mastering today’s cloud economics.

Cost-Benefit 98

Cost-Benefit Optimization ROI Strategy 98

Cloudera

MAY 4, 2022

The availability and maturity of automated data collection and analysis systems is making it possible for businesses to implement AI across their entire operations to boost efficiency and agility. Benefits aplenty. The beauty of AI is that it promises to deliver more benefits than you can even imagine. Faster decisions .

Internet of Things 134

Internet of Things Cost-Benefit Insurance Data-driven 134

Smart Data Collective

JANUARY 21, 2021

Many people don’t realize the countless benefits that big data has provided for the solar energy sector. A growing number of solar energy companies are using new advances in data analytics and machine learning to increase the value of their products. “This is where big data comes in.

Big Data 128

Big Data Cost-Benefit Machine Learning Data-driven 128

datapine

JANUARY 28, 2020

The ability to monitor, visualize, and analyze relevant data gives today’s businesses, across a host of sectors, the power to understand their prospects, make informed decisions, increase efficiencies, and work towards a set of rewarding long term goals. The Value Of Different Dashboard Ideas & Designs.

Dashboards 199

Dashboards KPI Cost-Benefit Metrics 199

FineReport

APRIL 26, 2023

As the world becomes increasingly digitized, the amount of data being generated on a daily basis is growing at an unprecedented rate. This has led to the emergence of the field of Big Data, which refers to the collection, processing, and analysis of vast amounts of data. What is Big Data? What is Big Data?

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Smart Data Collective

MAY 28, 2021

Data security and data collection are both much more important than ever. Every organization needs to invest in the right big data tools to make sure that they collect the right data and protect it from cybercriminals. One tool that many data-driven organizations have started using is Microsoft Azure.

Data-driven 130

Data-driven Cost-Benefit Big Data Data Processing 130

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. As such it can help adopters find ways to save and earn money.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

AWS Big Data

APRIL 26, 2023

The BMW Group is headquartered in Munich, Germany, where the company oversees 149,000 employees and manufactures cars and motorcycles in over 30 production sites across 15 countries. To enable this use case, we used the BMW Group’s cloud-native data platform called the Cloud Data Hub.

Forecasting 122

Forecasting Manufacturing Data Lake Big Data 122

CIO Business Intelligence

JUNE 1, 2022

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. Like professional basketball, industrial-scale farming, national politics, and global merchandising, auto racing has become a data science. Using Data to Generate Simulations.

Manufacturing 114

Manufacturing Digital Transformation Predictive Analytics Strategy 114

datapine

APRIL 14, 2022

“You can have data without information, but you cannot have information without data.” – Daniel Keys Moran. When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. However, the usage of data analytics isn’t limited to only these fields.

Big Data 244

Big Data Recreation/Entertainment Analytics Data-driven 244

erwin

AUGUST 13, 2020

Today, enterprises are trying to grow and innovate – while cutting costs and managing compliance – in the midst of a global pandemic. data protection, personal and sensitive data, tax issues and sustainability/carbon emissions)? Data Overload : How do we find and convert the right data to knowledge (e.g.,

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Cost-Benefit 82

Cost-Benefit Insurance Unstructured Data Machine Learning 82

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. 1- Treating data as a strategic business asset . 2- Operationalizing adaptive AI systems for quicker business decision-making.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

Alation

SEPTEMBER 28, 2022

The term has been used a lot more of late, especially in the data analytics industry, as we’ve seen it expand over the past few years to keep pace with new regulations, like the GDPR and CCPA. In essence, DataOps is a practice that helps organizations manage and govern data more effectively. What exactly is DataOps ?

Cost-Benefit 52

Cost-Benefit Data Quality Manufacturing Testing 52

IBM Big Data Hub

JULY 10, 2023

Gather preliminary data To conduct a vibration analysis, start by gathering data about the equipment and/or structure you will analyze. Analyze the data Once you’ve collected all the relevant data, it’s time to analyze it. Technicians can extract and assess data (e.g.,

Optimization 54

Optimization IT Measurement Manufacturing 54

Sisense

FEBRUARY 1, 2021

Although many publications compare product data management and product life cycle management — commonly framing the debate as “PDM versus PLM” — that can create confusion. The functionality referred to as a product data management framework is more accurately a subset of a product life cycle management framework.

Management 52

Management Analytics Manufacturing Cost-Benefit 52

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. But organizations still need humans to decide what actions to take based on what the ML-analyzed data shows.

Digital Transformation 69

Digital Transformation Internet of Things IoT Consulting 69

Smart Data Collective

JANUARY 19, 2021

We typically think about the merits of AI in the context of marketing, manufacturing, financial reporting and customer service management. In order to appreciate the benefits of AI-driven employee monitoring applications, you need to outline your objectives. Analysis from Monitoring Data To Influence Behavior.

Software 78

Software Data-driven Cost-Benefit Reporting 78

CIO Business Intelligence

NOVEMBER 9, 2022

Data-informed decision-making is a key attribute of the modern digital business. But experienced data analysts and data scientists can be expensive and difficult to find and retain. Self-service analytics typically involves tools that are easy to use and have basic data analytics capabilities.

Analytics 135

Analytics Slice and Dice Metrics Sales 135

IBM Big Data Hub

JUNE 8, 2023

However, many of these organizations lack a clear pathway to realizing their goals and 41% of surveyed executives cite inadequate data as their biggest obstacle to ESG progress. Together with IBM’s support, the aim is leveraging data from the ocean and technology, and taking the project to the next level.

Technology 76

Technology Measurement Cost-Benefit Data-driven 76

CIO Business Intelligence

MAY 16, 2022

Data-driven venues from sporting events and concerts to other live events are helping to bolster the entertainment industry while simultaneously helping to ensure a safer environment for all. . It all boils down to using data efficiently. at the edge rather than the data center ?

Recreation/Entertainment 101

Recreation/Entertainment Broadcasting Cost-Benefit Advertising 101

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,

Manufacturing 71

Manufacturing Technology Internet of Things Cost-Benefit 71

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Worldwide data is expected to hit 175 zettabytes (ZB) ?by by 2025, and 90 ZB of this data will be from IoT devices. Can you correlate data across all departments for informed decision- making ?

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

Smart Data Collective

OCTOBER 13, 2020

This is why big data and analytics has moved to the forefront of the profession. You need to understand the growing importance of analytics in social media marketing, as well as the big data tools that can assist with it. The Growing Importance of Analytics in Social Media Marketing. Social Champ.

Marketing 94

Marketing Analytics Publishing Big Data 94

AWS Big Data

MARCH 25, 2024

FMs are multimodal; they work with different data types such as text, video, audio, and images. Large language models (LLMs) are a type of FM and are pre-trained on vast amounts of text data and typically have application uses such as text generation, intelligent chatbots, or summarization.

Data Lake 94

Data Lake Unstructured Data Management Snapshot 94

CIO Business Intelligence

MAY 24, 2022

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses.

Data-driven 98

Data-driven Data Lake Data Warehouse IT 98

CIO Business Intelligence

JANUARY 23, 2024

Keep the number of metrics small and manageable, ideally three or four, and at most seven key ones because people cannot focus on multiple pages of data.” Efficiency metrics might show the impacts of automation and data-driven decision-making. He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 140

Measurement Digital Transformation KPI Metrics 140

CIO Business Intelligence

APRIL 22, 2024

As such, Scavuzzo and his team look for technologies that do way more than boost productivity or cut costs. But we took a step back and asked, ‘What if we put in the software we think is ideal, that integrates with other systems, and then automate from beginning to end, and have reporting in real-time and predictive analytics?’”

IT 123

IT Data-driven Strategy Consulting 123

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 68

Software Manufacturing Cost-Benefit ROI 68

Smart Data Collective

AUGUST 14, 2019

The healthcare sector is heavily dependent on advances in big data. Healthcare organizations are using predictive analytics , machine learning, and AI to improve patient outcomes, yield more accurate diagnoses and find more cost-effective operating models. Big Data is Driving Massive Changes in Healthcare.

Big Data 77

Big Data Data Analytics Analytics Internet of Things 77

datapine

SEPTEMBER 11, 2019

Digital data, by its very nature, paints a clear, concise, and panoramic picture of a number of vital areas of business performance, offering a window of insight that often leads to creating an enhanced business intelligence strategy and, ultimately, an ongoing commercial success. billion , growing at a CAGR of 26.98% from 2016.

Business Intelligence 161

Business Intelligence Analytics Sales Dashboards 161