Smart Data Collective

SEPTEMBER 28, 2021

There are IoT solutions that can assist them in collecting data and performing analytics for inventory management. l Improved Risk Management. IoT implementation simplifies your organization and aids in creating precise forecasts, both of which are critical for increasing corporate efficiency.

IoT 145

IoT Internet of Things Cost-Benefit Consulting 145

John Wheeler

APRIL 16, 2021

This week, we kicked-off a major research effort to explore current innovations in the rapidly expanding integrated risk management (IRM) market. Given that Gartner forecasts double digit growth (12.6%) for the IRM technology market in 2021 , the nature of these innovative product uses will span 10 use case domains (see figure below).

Risk Management 59

Risk Management Risk Management Internet of Things 59

IBM Big Data Hub

FEBRUARY 19, 2024

Key strategies for effective supply chain management There are a number of ways that companies can better optimize and manage their supply chains. Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs.

Strategy 81

Strategy Management Forecasting Internet of Things 81

CIO Business Intelligence

APRIL 12, 2022

And it has quite some catching up to do – the smart manufacturing industry is set to grow from $250 billion in 2021 to $658 billion in 2029. The more data you have, the more costs you save.

IoT 105

IoT Analytics Manufacturing Internet of Things 105

IBM Big Data Hub

JUNE 10, 2024

Beyond that, household devices blessed with Internet of Things (IoT) technology means that CPUs are now being incorporated into refrigerators, thermostats, security systems and more. The rampant demand for personal computing platforms (like smartphones, laptops and gaming consoles) has driven a massive and ongoing expansion of CPU use.

Manufacturing 64

Manufacturing Forecasting Data-driven Internet of Things 64

IBM Big Data Hub

JULY 27, 2023

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. By analyzing asset data, companies can identify inefficiencies, uncover cost-saving opportunities and make more accurate budget forecasts.

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

datapine

AUGUST 29, 2022

In this at-times contrarian and unflinching book, Dr. Barry Devlin shows how modern BI often fails to deal with data from mobile, social media, and the Internet of Things in a meaningful way. Data Smart’ contains enough practical knowledge to actually start performing analyses by using good old Microsoft Excel.

Big Data 263

Big Data Data Analytics Analytics Data mining 263