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 136

Cost-Benefit ROI Manufacturing Optimization 136

CIO Business Intelligence

MAY 29, 2024

Sure, technology costs money, and your margins are slim. But there’s a cost to being left behind. 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. Are your customers starting to notice?

Management 98

Management ROI IT Cost-Benefit 98

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. managing risk vs ROI and emerging countries)? Cost Reduction : What can we do to reduce costs while not impacting the business (e.g., M&A, new markets, products and businesses).

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

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 145

Visualization Cost-Benefit IoT Digital Transformation 145

Smart Data Collective

APRIL 24, 2019

Manufacturing is a more powerful and essential part of our industries and economies than ever. If you represent a manufacturing concern and you’re wondering about the benefits of capturing and analyzing operational data , you’ve come to the right place. Who’s Using Analytics in Manufacturing?

Analytics 101

Analytics Manufacturing Cost-Benefit Internet of Things 101

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. We track KPIs on execution (on-time delivery, cycle time for adoption), risks, outcomes for benefits (time to market, change failures, major incidents), and costs (TCO before and after adoption).”

Measurement 141

Measurement Digital Transformation KPI Metrics 141

datapine

JANUARY 18, 2023

Operational reports are commonly used in manufacturing, logistics, and retail as they help keep track of inventory, production, and costs, among others. Here, you can spot pivotal trends based on costs, task statuses, margins, costs, and overall project revenue. This healthcare report aims to do just that.

Reporting 201

Reporting Metrics Dashboards Visualization 201

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 can reduce costs and minimize supply chain challenges by driving more informed choices across all aspects of supply chain management.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

David Menninger's Analyst Perspectives

JANUARY 8, 2025

There are also benefits to applying AI to the work of the technician onsite. Applications for AR technology go well beyond field service, including manufacturing, automotive, medical and energy industry applications that are spurring development at a rapid pace. Regards, Keith Dawson

Internet of Things 130

Internet of Things Interactive Optimization Cost-Benefit 130

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

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. As with any software solution, IT teams and executives constantly look for the tools that will give them the most benefit and value for the least investment.

ROI 52

ROI Slice and Dice Analytics Cost-Benefit 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

CIO Business Intelligence

MAY 1, 2024

Ready to roll It’s shorter to make a list of organizations that haven’t announced their gen AI investments, pilots, and plans, but relatively few are talking about the specifics of any productivity gains or ROI. The costs for individual gen AI tasks can be pennies, but even small costs add up.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

MARCH 16, 2022

A recent report found that 99% of organizations believe VSM provides key benefits, including accelerated delivery, improved transparency, reduced silos, and more.[1] For example, one team at a multinational automobile manufacturer has moved its projects into value streams and started to see a number of benefits. Conclusion.

Management 98

Management Cost-Benefit Insurance Business Objectives 98

CIO Business Intelligence

JANUARY 24, 2024

When you look at other industries like manufacturing and services, productivity has continually increased, whereas business productivity in construction has remained fairly flat.” The art is being able to scale the benefits we see on one job across multiple jobs,” she says. “To So they’ll be patient when it comes to ROI.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

DECEMBER 10, 2024

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. For example, developers using GitHub Copilots code-generating capabilities have experienced a 26% increase in completed tasks , according to a report combining the results from studies by Microsoft, Accenture, and a large manufacturing company.

Sales 143

Sales Metrics Data-driven Measurement 143

datapine

JULY 24, 2019

Now that we understand why BI dashboards exist, let’s delve deeper into business intelligence dashboard benefits. What Are The Key Benefits Of A BI Dashboard? So, what are the main business intelligence dashboard benefits? Remember, informed decision-making for maximum ROI is the whole point! ” – John W.

Dashboards 148

Dashboards Business Intelligence Visualization KPI 148

CIO Business Intelligence

MARCH 11, 2024

Solutions that not only span functions, but also have industry-specific features and benefits that provide more value by supporting and enabling users to be productive and more competitive in specific industries. This translates to higher productivity, improved decision-making, and ultimately, higher ROI.

Manufacturing 106

Manufacturing Cost-Benefit Finance Marketing 106

Smart Data Collective

APRIL 27, 2020

They have brought an unparalleled set of opportunities and added a myriad of benefits in the business world. They replace humans in these areas, making them free to focus on other productive tasks and add value to the business ROI. These technologies, individually, have come a long way since they were introduced in the market.

IoT 104

IoT Internet of Things Cost-Benefit ROI 104

CIO Business Intelligence

SEPTEMBER 30, 2024

CIO.com / Foundry They also cited AI/ML capabilities in specific areas — such as risk management, fraud detection, smart manufacturing, predictive maintenance, quality control, and personalized employee engagement — as fueling transformation. We’re solving problems that weren’t solvable before,” he adds.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

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 Transformation 135

Digital Transformation ROI Strategy Data Science 135

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. Today’s complex challenges require ambitious solutions that can scale and evolve over time.

IoT 101

IoT ROI Cost-Benefit Risk 101

Smart Data Collective

MAY 17, 2023

AI has a number of benefits for ERP software: AI technology can improve how ERP software handles and analyzes data. This is especially important for manufacturers. When integrated with an ERP system, AI can identify inefficient processes and suggest cost-cutting solutions. AI also helps with automation.

Enterprise 101

Enterprise Cost-Benefit Software Data-driven 101

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation. Our focus is on curating reusable data and AI insights,” she says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

FEBRUARY 7, 2024

API-first development yields a multitude of benefits, he adds, including abstraction of the underlying data, increased automation, better governance over data usage, and a more accessible audit trail. Organizations need to allocate resources for maintenance, updates, and support, impacting the cost-effectiveness of API management,” she says.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

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 Internet of Things Cost-Benefit 68

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. Moreover, Scavuzzo saw an additional business benefit to such an approach, thanks to scale: Using anonymized data, Marcum could analyze and compare client performance and thereby provide better consulting advice to them.

IT 126

IT Data-driven Strategy Consulting 126

Smart Data Collective

SEPTEMBER 1, 2021

One of the most remarkable benefits of big data technology has been with using digital signage to promote branding. Companies that want to use a data-driven digital signage strategy need to be aware of the benefits that it provides. But if you have to break the bank for it, ensure that your ROI is worth it. System provider.

Data-driven 111

Data-driven Advertising Big Data Cost-Benefit 111

CIO Business Intelligence

MAY 26, 2023

It is divided into three verticals — business IT, manufacturing IT, and central IT. Of the three IT verticals in Reliance, I have been interacting with manufacturing IT and business IT in the last two months and hope to interact with central IT also once the MPLS connection is in place. This has been a totally new experience for me.

Interactive 113

Interactive Manufacturing Cost-Benefit Digital Transformation 113

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 131

IT Digital Transformation ROI Strategy 131

Jet Global

MARCH 10, 2021

Consider the case of manufacturing firms that saw an opportunity in the spring of 2020 to produce personal protective equipment (PPE), which was in very high demand at the time. This affords managers the freedom to plan with short-term losses in mind while understanding that longer-term positive ROI is a necessary and achievable goal.

Management 98

Management Cost-Benefit Forecasting ROI 98

CIO Business Intelligence

APRIL 13, 2023

“If you look at security from a purely technical perspective, it’s easy to get lost in, `I need to have this shiny object because everyone else has it,’” says David Christensen, VP and CISO at benefits administration software provider PlanSource. Christensen further suggests explaining how security can cut costs or increase productivity.

IT 111

IT Cost-Benefit Risk Consulting 111

Smart Data Collective

AUGUST 3, 2023

Its implementation offers numerous benefits and applications that streamline operations and enhance efficiency. Fleet managers increasingly turn to cutting-edge technologies to boost productivity and save costs. Look at the top blockchain benefits and how they improve fleet management.

Technology 85

Technology Management Cost-Benefit Manufacturing 85

Cloudera

AUGUST 22, 2021

It seems like there’s always something new to look out for every day, be it new use cases, technology or ways that organizations can benefit. This makes it tougher to understand the app dependencies and accurately assess for feasibility, costs, implementation and ultimately generate ROI. Cloud is ultimately just a vehicle.

Cost-Benefit 105

Cost-Benefit IoT Strategy Digital Transformation 105

Cloudera

JANUARY 17, 2021

s digital transformation of the manufacturing industry, which in itself is pretty remarkable. I too have enjoyed the benefits digital transformation experiences have brought, but unlike on-line shopping or streaming video services, I seek my entertainment usually outdoors – on the water, whether it be frozen or liquid.

Digital Transformation 65

Digital Transformation Cost-Benefit Manufacturing Sales 65

Sisense

JUNE 5, 2020

For example, there is no implicit benefit to having a blue Ford Mustang rather than a red one. However, the reality is that improved quality often results in an increased cost to the consumer. There are two ways that you can differentiate your products: horizontally—i.e., Made in America”).

Analytics 89

Analytics Manufacturing Business Intelligence Data-driven 89

DataKitchen

MARCH 16, 2023

There are four main benefits of reducing errors. Productivity can be measured using metrics such as the number of projects completed per team member, the percentage of projects completed on time, and the estimated ROI of each project. Use tools like DataKithchen DataOps Observability to build and watch your Data Journeys.

Metrics 130

Metrics Data Analytics Analytics Measurement 130