CIO Business Intelligence

OCTOBER 1, 2022

(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.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JANUARY 21, 2025

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

Smart Data Collective

OCTOBER 9, 2023

Big data technology has had a profound impact on many sectors. One of the fields that is heavily affected by advances in big data is the manufacturing industry. We have talked at length about some of the ways that manufacturers are using big data and AI to improve the trajectory of their industry.

Manufacturing 120

Manufacturing Data Analytics Analytics Advertising 120

CIO Business Intelligence

DECEMBER 10, 2024

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. Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

JUNE 9, 2024

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.

Manufacturing 98

Manufacturing Data-driven Cost-Benefit Digital Transformation 98

CIO Business Intelligence

NOVEMBER 21, 2024

Factories have been the bedrock of many industries from manufacturing to automotive. Increasing the pace of AI adoption If the headlines around the new wave of AI adoption point to a burgeoning trend, it’s that accelerating AI adoption will allow businesses to reap the full benefits of their data.

IT 111

IT Cost-Benefit Optimization Manufacturing 111

datapine

JUNE 5, 2019

BI dashboard tools bestow business users with the ability to drill down even deeper into analytical data to capitalize on strengths, spot weaknesses, and make changes that will benefit the future of their organization. We’ll discuss the primary features or benefits of BI-powered dashboards in due course. Legacy Data Solutions.

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

FEBRUARY 29, 2024

Manufacturers are increasingly looking to generative AI as a potential solution to these and other challenges. Research from Avanade , a technology expert that specialises in the Microsoft ecosystem and partner solutions, suggests that 92% of manufacturers aim to be AI-first within a year. This can be a major challenge.

Manufacturing 116

Manufacturing Unstructured Data Cost-Benefit Risk 116

CIO Business Intelligence

JANUARY 9, 2025

In 2024, squeezed by the rising cost of living, inflationary impact, and interest rates, they are now grappling with declining consumer spending and confidence. However, successful AI implementation requires more than cutting-edge technology. The disruption isnt in the technology itself but in how it can transform buying behaviours.

B2B 106

B2B Cost-Benefit Data-driven Sales 106

CIO Business Intelligence

JULY 12, 2023

Manufacturing processes are industry dependent, and even within a sector, they often differ from one company to another. Moreover, lowering costs is not the only way manufacturers gain a competitive advantage. Companies across a multitude of industries are now using AI to improve their manufacturing processes.

Manufacturing 98

Manufacturing Cost-Benefit Data Lake Optimization 98

CIO Business Intelligence

OCTOBER 10, 2024

Aligning ESG and technological innovation At the core of this transformation is the CIO, a pivotal player whose role has expanded beyond managing technological innovation to overseeing how these innovations contribute to ESG goals. It provides CIOs a roadmap to align these technologies with their organizations’ ESG goals.

Metrics 125

Metrics Optimization Strategy Technology 125

datapine

AUGUST 19, 2020

Among other things, they help in improving on-time deliveries, in reducing operating costs, in increasing customer satisfaction, or in optimizing transport. You can calculate it by dividing the costs of goods sold by the average inventory. Carrying cost of inventory. In short, be mindful of your carrying costs.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It’s a hot topic, and as technologies continue to evolve at a rapid pace, the scope of the cloud continues to expand. More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. Table of Contents.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Smart Data Collective

AUGUST 3, 2023

As the logistics sector continues to expand and evolve, blockchain technology is becoming an integral part of supply chain procedures. Its implementation offers numerous benefits and applications that streamline operations and enhance efficiency. Look at the top blockchain benefits and how they improve fleet management.

Technology 98

Technology Management Cost-Benefit Manufacturing 98

datapine

MARCH 25, 2020

While every manager seeks how to increase productivity and decrease business costs, some invaluable processes can push towards sustainable business development – automated reporting and systems are the answer you’ve been looking for. Automated report scheduling has numerous benefits across industries. click to enlarge**.

Reporting 209

Reporting Dashboards Manufacturing Visualization 209

CIO Business Intelligence

JANUARY 7, 2025

In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. Technology modernization strategy : Evaluate the overall IT landscape through the lens of enterprise architecture and assess IT applications through a 7R framework.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

IBM Big Data Hub

DECEMBER 21, 2023

Reshoring manufacturing to the US ­ has been a significant trend in recent years, driven by geopolitical tensions, supply chain disruptions, proximity to customers and markets, eco-system synergies and the need for positive impact on the domestic economy. Digital labor can make processes more adaptable.

Manufacturing 79

Manufacturing Cost-Benefit Machine Learning Optimization 79

Cloudera

JANUARY 30, 2024

In the dynamic landscape of modern manufacturing, AI has emerged as a transformative differentiator, reshaping the industry for those seeking the competitive advantages of gained efficiency and innovation. There are many functional areas within manufacturing where manufacturers will see AI’s massive benefits.

Manufacturing 81

Manufacturing Contextual Data IoT Internet of Things 81

AWS Big Data

NOVEMBER 26, 2024

Moreover, they can be combined to benefit from individual strengths. In later pipeline stages, data is converted to Iceberg, to benefit from its read performance. Traditionally, this conversion required time-consuming rewrites of data files, resulting in data duplication, higher storage, and increased compute costs.

Metadata 105

Metadata Data Lake Snapshot Data Warehouse 105

CIO Business Intelligence

MARCH 6, 2024

Operational technology (OT) organizations face increasing challenges when it comes to cybersecurity. Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. As Industry 4.0

Manufacturing 127

Manufacturing Cost-Benefit ROI IoT 127

datapine

JULY 6, 2022

Productivity can be measured in many different ways and at different levels, from the raw industrial output of an asset in a manufacturing facility to the specific individual sales performance of a vendor. Professionals in human resources, management, customer service and more can all benefit from the data in their productivity metrics.

Measurement 243

Measurement Metrics KPI Sales 243

CIO Business Intelligence

MAY 24, 2022

Epicor Software has added new automation capabilities to Kinetic, its cloud-based ERP application for manufacturing, and Prophet 21, its software for distribution companies. From the CIO’s perspective, native integrations mean less work and costs.”. Potential customers will have to weigh up the potential cost of early adoption.

Manufacturing 97

Manufacturing IT Cost-Benefit Enterprise 97

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow. 3) Artificial Intelligence.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

SEPTEMBER 26, 2024

Some industry experts believe the pull-back is only temporary, and the future for self-checkout is bright — as soon as new technologies begin to be deployed on a large scale. When combined and supported by industry standards, the technologies may be the secret sauce to the next generation of self-check.

IT 131

IT Manufacturing IoT Cost-Benefit 131

Smart Data Collective

MAY 27, 2021

A growing number of major automobile manufacturers have started using data analytics and AI to improve production. There have been a number of clear advantages of using big data to manufacture automobiles. However, there is a possible benefit of new developments in data technology that doesn’t get as much attention.

Data Analytics 138

Data Analytics Manufacturing Big Data Analytics 138

Smart Data Collective

NOVEMBER 18, 2021

Artificial intelligence has had a massive influence on the future of the manufacturing sector. Manufacturers spent over $1.1 One of the biggest reasons manufacturers are investing in AI is that it has led to new advances in automation. Rethinking rocket manufacturing. billion on AI in 2020.

Manufacturing 130

Manufacturing Cost-Benefit Machine Learning Business Intelligence 130

CIO Business Intelligence

APRIL 5, 2022

Technology can’t resolve every supply chain issue. Optimas Solutions, a manufacturer and distributor of fasteners, is using data analytics in three critical areas to improve operations and relationships with its suppliers and customers, says Mark Korba, vice president of supply chain and business intelligence at the company.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

CIO Business Intelligence

NOVEMBER 14, 2024

Challenge: Employee hiring and retention Today’s employees have increasingly high expectations around corporate values, culture, flexibility, and available technology. Competing on a level playing field with the biggest e-retail successes requires agility, with visibility into automated, digitized supply chains.

IT 65

IT Cost-Benefit Manufacturing Sales 65

CIO Business Intelligence

SEPTEMBER 1, 2023

Until recently, software-defined networking (SDN) technologies have been limited to use in data centers — not manufacturing floors. But as part of Intel’s expansive plans to upgrade and build a new generation of chip factories in line with its Integrated Device Manufacturing (IDM) 2.0

Manufacturing 130

Manufacturing IT Cost-Benefit IoT 130

Smart Data Collective

MARCH 29, 2023

However, we have quickly realized that ChatGPT has benefits that go well beyond writing more efficiently. A couple of weeks ago, General Motors started testing the benefits of ChatGPT in its products. General Overview of the Benefits of AI in the Automotive Sector The market for AI in the automotive industry is booming.

Manufacturing 116

Manufacturing Cost-Benefit Machine Learning Optimization 116

Smart Data Collective

JUNE 28, 2023

3D-printed concrete is a revolutionary technology that has been making waves in the construction industry over the last few years. Kishor K talked about the benefits of Generative AI for 3D printing , but we wanted to talk in more detail specifically about 3D-printed concrete.

Technology 98

Technology Cost-Benefit Software Modeling 98

CIO Business Intelligence

SEPTEMBER 13, 2024

Its innovative factory automation, RFID scanning, and consolidation of seven warehouses into one building has vastly improved the efficiency of components distribution and has sped up delivery to the company’s manufacturing division. LCS has resolved many efficiencies plaguing Applied Materials’ expanding manufacturing process.

Manufacturing 123

Manufacturing Cost-Benefit Testing Interactive 123

Smart Data Collective

JUNE 19, 2022

AI technology has been helpful for businesses in different industries for years. The benefits of AI stem from the need to manage close relationships with business stakeholders, which is a difficult task. The availability of materials can cause failures, as suppliers cannot manufacture products when they lack the resources to do so.

Risk 144

Risk Cost-Benefit Risk Management Manufacturing 144

Smart Data Collective

NOVEMBER 4, 2021

One of the most important applications of big data is with geolocation technology. A geolocation transponder is very useful on a highway, since it picks up the beacon and charges the cost to your account. The third point is most compelling and serves the biggest benefit for the average customer.

Optimization 124

Optimization Big Data Cost-Benefit Manufacturing 124

Smart Data Collective

JANUARY 21, 2021

Many people don’t realize the countless benefits that big data has provided for the solar energy sector. In fact, the latest forecasting technology may be the missing puzzle piece in the widespread adoption of solar energy,” the authors write. We made a similar post about the benefits of big data for renewable energy.

Big Data 135

Big Data Cost-Benefit Machine Learning Data-driven 135

Smart Data Collective

APRIL 21, 2021

IoT has evolved the technology and made many devices easier to control with actions such as voice commands or claps. The Internet of Things (IoT) refers to the technology that has made wireless communication possible. In the modern market, technology is advanced and users are blessed with more comfort compared to a few decades back.

IoT 125

IoT Internet of Things Manufacturing Cost-Benefit 125

CIO Business Intelligence

OCTOBER 9, 2022

However, delay too long, and you also risk giving yourself an insurmountable technological handicap if uptake in your industry suddenly accelerates. More competition and more manufacturers will lead to economies of scale and innovation – the rapid evolution of mobile phones and laptop computers gives us a potential trajectory.

Cost-Benefit 142

Cost-Benefit Manufacturing Experimentation Risk 142