Smart Data Collective

APRIL 20, 2023

There are many ways businesses are using big data to make better decisions and operate more efficiently Organizations can use big data to optimize expenses and reduce costs. A modern data infrastructure can help get more value from data by accelerating decision making, simplifying operations, and powering analytics.

Internet of Things 132

Internet of Things Cost-Benefit Big Data Data-driven 132

AWS Big Data

NOVEMBER 22, 2024

At AWS, we are committed to empowering organizations with tools that streamline data analytics and transformation processes. This integration enables data teams to efficiently transform and manage data using Athena with dbt Cloud’s robust features, enhancing the overall data workflow experience.

Data Lake 59

Data Lake Data Warehouse Cost-Benefit Data Transformation 59

CIO Business Intelligence

OCTOBER 15, 2024

The rapid adoption of these technologies is contributing to driving efficiency, reducing operational costs and improving end-user experiences across vertical industries, all contributing to measurable economic improvements. To fully realize the benefits of digitalization of industry, more players need to be involved.

IoT 117

IoT Digital Transformation Cost-Benefit Sales 117

BizAcuity

MAY 10, 2022

Cloud technology and innovation drives data-driven decision making culture in any organization. Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. Cloud washing is storing data on the cloud for use over the internet.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

Cloudera

DECEMBER 21, 2020

Hybrid cloud is the best of both worlds – it allows low latency in data transfer combined with high data security offered by on-prem with the low TCO of ownership of scalable advanced analytics solutions in the cloud. . Enhancing Online Customer Experience with Data .

Data-driven 91

Data-driven Data Strategy Strategy Cost-Benefit 91

CIO Business Intelligence

SEPTEMBER 23, 2024

Data-driven insights are only as good as your data Imagine that each source of data in your organization—from spreadsheets to internet of things (IoT) sensor feeds—is a delegate set to attend a conference that will decide the future of your organization.

Manufacturing 121

Manufacturing Internet of Things Metadata Risk 121

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

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. On-premise data centers are highly susceptible to cyberattacks as well. Smart companies are overcoming these challenges by using Microsoft Azure to scale up or down and inspire efficient growth and data security amid the global crisis.

Cost-Benefit 139

Cost-Benefit IoT Internet of Things Data-driven 139

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. As IoT devices generate large volumes of data, AI is functionally necessary to make sense of this data.

IoT 56

IoT Internet of Things Big Data Data-driven 56

CIO Business Intelligence

SEPTEMBER 19, 2024

Putting hardware, software, and network technology at the edge, where data originates, can speed responsiveness, enable compute-hungry AI processing, and greatly improve both employee and customer experience. But edge computing is unexplored territory for many and requires ongoing evaluation of performance and cost-effectiveness.

ROI 102

ROI Cost-Benefit IoT Digital Transformation 102

AWS Big Data

SEPTEMBER 5, 2024

Amazon Redshift , a warehousing service, offers a variety of options for ingesting data from diverse sources into its high-performance, scalable environment. This native feature of Amazon Redshift uses massive parallel processing (MPP) to load objects directly from data sources into Redshift tables.

IoT 108

IoT Data Warehouse Cost-Benefit Reporting 108

Smart Data Collective

OCTOBER 16, 2023

This information, dubbed Big Data, has grown too large and complex for typical data processing methods. Companies want to use Big Data to improve customer service, increase profit, cut expenses, and upgrade existing processes. The influence of Big Data on business is enormous. Where does big data come from?

Big Data 106

Big Data IoT Cost-Benefit Advertising 106

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 128

Internet of Things Cost-Benefit Insurance Data-driven 128

CIO Business Intelligence

NOVEMBER 14, 2024

Meeting consumers where and when they want requires retailers to truly understand their data and ensure consistency across channels in terms of pricing, product descriptions, and availability. It requires retail enterprises to be connected, mobile, IoT- and AI-enabled, secure, transparent, and trustworthy.

IT 64

IT Cost-Benefit Manufacturing Sales 64

CIO Business Intelligence

APRIL 6, 2022

The first wave of edge computing: Internet of Things (IoT). For most industries, the idea of the edge has been tightly associated with the first wave of the Internet of Things (IoT). These data flows then had to be correlated into what is commonly referred to as sensor-fusion. This led to slowing adoption rates of IoT.

IoT 104

IoT Internet of Things Data-driven Manufacturing 104

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. Networking technologies have been in existence for many decades with a singular purpose – the improvement of data transmission and circulation through the use of information systems. AI is leading to massive changes in the IoT market.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

Cloudera

MARCH 17, 2022

Data is the true currency of the digital age, and it plays an indispensable role in defining and accelerating the mission of Government agencies. . Every level of government is awash in data (both structured and unstructured) that is perpetually in motion. The Value of Public Sector Data. The First Leg of the Data Journey.

IoT 85

IoT Cost-Benefit Data-driven Data Strategy 85

CIO Business Intelligence

AUGUST 9, 2024

At Atlanta’s Hartsfield-Jackson International Airport, an IT pilot has led to a wholesale data journey destined to transform operations at the world’s busiest airport, fueled by machine learning and generative AI. He is a very visual person, so our proof of concept collects different data sets and ingests them into our Azure data house.

Data Transformation 98

Data Transformation Machine Learning Data Lake Dashboards 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 139

Measurement Digital Transformation KPI Metrics 139

CIO Business Intelligence

OCTOBER 16, 2023

Furthermore, manufacturers are cognisant of the fact that data is the lubricant of smart manufacturing. The result is an exponential growth in data generation. Every device, every sensor and every operation is now a data source. Every device, every sensor and every operation is now a data source.

Manufacturing 133

Manufacturing Strategy Cost-Benefit IoT 133

Smart Data Collective

SEPTEMBER 30, 2021

One of the biggest benefits of AI is that it has helped streamline many workplace functions. According to the analysis of Cybersecurity Ventures, the yearly cost of cybercrime is expected to reach $10.5 trillion , and ransomware damage costs will reach $20 billion by 2025. Cybercrime and IoT devices.

Optimization 114

Optimization IoT Data-driven Cost-Benefit 114

CIO Business Intelligence

DECEMBER 8, 2022

This is designed to help manufacturing, transportation and other industries accelerate sustainability initiatives and make data-driven decisions to reduce their carbon footprint and become more efficient through the intelligent use of IoT connectivity. Data lives in silos across the IT and OT environment.

IoT 88

IoT ROI Cost-Benefit Risk 88

AWS Big Data

NOVEMBER 13, 2024

This second post of a two-part series that details how Volkswagen Autoeuropa , a Volkswagen Group plant, together with AWS, built a data solution with a robust governance framework using Amazon DataZone to become a data-driven factory. Next, we detail the governance guardrails of the Volkswagen Autoeuropa data solution.

Metadata 84

Metadata Data Quality Digital Transformation Data-driven 84

IBM Big Data Hub

APRIL 22, 2024

To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. The world is behind on addressing climate change.

IoT 77

IoT Internet of Things Cost-Benefit Reporting 77

AWS Big Data

JULY 17, 2024

The surge in EVs brings with it a profound need for data acquisition and analysis to optimize their performance, reliability, and efficiency. The data can be used to do predictive maintenance, device anomaly detection, real-time customer alerts, remote device management, and monitoring.

Analytics 108

Analytics IoT Dashboards Data Lake 108

Cloudera

SEPTEMBER 24, 2021

One of the most substantial big data workloads over the past fifteen years has been in the domain of telecom network analytics. The Dawn of Telco Big Data: 2007-2012. Suddenly, it was possible to build a data model of the network and create both a historical and predictive view of its behaviour. Where does it stand today?

Analytics 95

Analytics IoT Cost-Benefit Big Data 95

CIO Business Intelligence

JULY 22, 2024

Data from IDC’s 2024 North American IT Skills Survey reports the impacts of IT skills gaps: 62% report impacts to achieving revenue growth objectives 59% report declines in customer satisfaction 60% are dealing with slower hardware/software deployments. That’s a common parlance in IT, talent, and leadership circles. Learning is failing IT.

Digital Transformation 106

Digital Transformation IT Cost-Benefit Software 106

CIO Business Intelligence

OCTOBER 6, 2022

At the same time, the sheer volume and velocity of data demand high-performance computing (HPC) to provide the power needed to effectively train AIs, do AI inferencing, and run analytics. We’re seeing HPC-enabled AI on the rise because it extracts and refines data quicker and more accurately. billion market in 2024.

Internet of Things 98

Internet of Things Manufacturing Digital Transformation Cost-Benefit 98

IBM Big Data Hub

JUNE 14, 2023

Evolving technologies and an increasingly globalized and digitalized marketplace have driven manufacturers to adopt smart manufacturing technologies to maintain competitiveness and profitability. These features use data from multiple machines simultaneously, automate processes and provide manufacturers more sophisticated analyses.

Manufacturing 71

Manufacturing Technology Internet of Things Cost-Benefit 71

Smart Data Collective

SEPTEMBER 22, 2021

Data-driven businesses must utilize a number of different services and tools to operate successfully. We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. Although this technology seems archaic in the digital era, big data can help you get the most of it.

Management 102

Management Cost-Benefit Big Data Data-driven 102

CIO Business Intelligence

DECEMBER 6, 2023

Much of our digital agenda is around data. The migration, still in its early stages, is being designed to benefit from the learned efficiencies, proven sustainability strategies, and advances in data and analytics on the AWS platform over the past decade. Before we were quite fragmented across different technologies.

Manufacturing 91

Manufacturing Data Lake Digital Transformation Machine Learning 91

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

CIO Business Intelligence

JUNE 5, 2023

They are connected industrial and Internet of Things (IoT) experiences that drive optimization of operational productivity and flexibility without compromising security. The cost savings and other benefits from automation and improved efficiencies across thousands of stores, gas stations, hotels, or restaurants can be significant.

Internet of Things 90

Internet of Things Cost-Benefit Manufacturing IoT 90

IBM Big Data Hub

DECEMBER 1, 2023

To keep pace with the dynamic environment of digitally-driven business, organizations continue to embrace hybrid cloud, which combines and unifies public cloud, private cloud and on-premises infrastructure, while providing orchestration, management and application portability across all three.

Data Processing 79

Data Processing Cost-Benefit Digital Transformation Testing 79

CIO Business Intelligence

JANUARY 12, 2023

Answering these concerns, smart factories are moving to another edge: edge computing, where operational data from Internet of Things (IoT) sensors can be collected and processed for insights in near-real-time. With edge computing, those functions are performed much closer to where the data is created, such as on the factory floor.

Manufacturing 75

Manufacturing Technology IoT Internet of Things 75

Corinium

JUNE 6, 2019

Are you seeing currently any specific issues in the Insurance industry that should concern Chief Data & Analytics Officers? Lack of clear, unified, and scaled data engineering expertise to enable the power of AI at enterprise scale. The data will enable companies to provide more personalized services and product choices.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

DataKitchen

JULY 27, 2023

The Ten Standard Tools To Develop Data Pipelines In Microsoft Azure. While working in Azure with our customers, we have noticed several standard Azure tools people use to develop data pipelines and ETL or ELT processes. We counted ten ‘standard’ ways to transform and set up batch data pipelines in Microsoft Azure.

Machine Learning 130

Machine Learning Cost-Benefit Data Transformation Testing 130