Ontotext

FEBRUARY 3, 2022

Just as the shift from artisanal to industrial production required new approaches, so too does the shift from traditional to modern manufacturing. Thanks to internet-of-things (IoT) enabled machinery, the globalization of supply lines, and the proliferation of technical standards, 21st century manufacturing requires 21st century techniques.

Manufacturing 52

Manufacturing IoT Internet of Things Interactive 52

CIO Business Intelligence

NOVEMBER 19, 2024

Nexen Corporation , a South Korea-based rubber products manufacturer, is one of Rimini Street’s SAP clients that has taken this strategy to heart — and is winning the AI game. It’s important to make ROI-based decisions on an individual feature basis and have full control over where AI is used.”

Strategy 104

Strategy ROI Advertising IoT 104

CIO Business Intelligence

AUGUST 20, 2024

Implementing AI algorithms directly on local edge devices, such as sensors or Internet of Things (IoT) devices, enables local processing and analysis for real-time decision-making, and models can continue to function even when connectivity is lost. The ability to simplify management as operations scale is essential. initiatives.

Manufacturing 117

Manufacturing IoT Internet of Things Optimization 117

Cloudera

SEPTEMBER 11, 2020

The ongoing disruption to critical supply chains in both the manufacturing and retail space has seen businesses having to respond quickly, turning to data, analytics, and new technologies to better predict and manage ‘real-time’ business disruptions. . What they have learned is that often their legacy Machine Learning models (e.g.

Manufacturing 91

Manufacturing Forecasting Digital Transformation Sales 91

CONTACT Software

JUNE 19, 2019

Everyone talks about the Internet of Things (IoT) and the digital twin – they form the framework for new, digital business models. According to a forecast by PwC, digitization will bring the manufacturing industry an increase in turnover of more than 270 billion euros in Germany alone over the next four years.

IoT 40

IoT Internet of Things Manufacturing Forecasting 40

CIO Business Intelligence

OCTOBER 16, 2024

By 2025, edge computing will become even more widespread, particularly as AI and IoT expand.” One specific area is selecting and balancing multiple energy sources, like wind, solar, or battery storage, based on cost and forecasts, and automatically optimizing bidirectional power flow. Another sector is manufacturing.

Cost-Benefit 143

Cost-Benefit Manufacturing Data-driven Optimization 143

CIO Business Intelligence

APRIL 30, 2024

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 over the 2023-2027 forecast period 1. 1 IDC forecasts spending on GenAI solutions will double in 2024 and grow to $151.1

Forecasting 105

Forecasting Optimization Advertising IoT 105

Cloudera

DECEMBER 15, 2017

Manufacturing as an industry has always been at the forefront of squeezing value from data. Instrumentation, highly connected systems, and automation have been part and parcel of manufacturing organisations for decades. Yet many manufacturers now feel they’ve bumped up against a ceiling. Enabling tomorrow today. No pipedream.

Manufacturing 40

Manufacturing IoT Machine Learning Data-driven 40

CIO Business Intelligence

MAY 25, 2022

Product lifecycle management (PLM) is an enterprise discipline for managing the data and processes involved in the lifecycle of a product, from inception to engineering, design, manufacture, sales and support, to disposal and retirement. It boasts an open architecture to make it easy to integrate with other enterprise systems, including IoT.

Management 105

Management Manufacturing Cost-Benefit IoT 105

Ontotext

APRIL 6, 2023

Manufacturing and Industry 4.0 For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. As we have seen, many leading auto part makers and car manufacturers use knowledge graphs to improve their operations. And that’s not all. Some of the top U.S.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

IBM Big Data Hub

FEBRUARY 19, 2024

Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

Strategy 81

Strategy Management Forecasting Internet of Things 81

Cloudera

JANUARY 20, 2021

Reporting – delivering business enterprise insight (sales analysis and forecasting, market research, budgeting as examples). This story will show how data is collected, enriched, stored, served, and then used to predict events in the car’s manufacturing process using Cloudera Data Platform. Fig 1: The Enterprise Data Lifecycle.

Digital Transformation 109

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 109

CIO Business Intelligence

SEPTEMBER 12, 2023

A severe thunderstorm is forecasted to roll through your suburb in the next hour. Consider the manufacturing environment. Increase coverage and boost mobility 5G is the perfect partner technology for Wi-Fi in enterprise applications that need mobility like remote work, off-site field workers and IoT networks for smart factories.

Enterprise 105

Enterprise Cost-Benefit Manufacturing IoT 105

IBM Big Data Hub

JUNE 10, 2024

As an example of what such a monumental number means from a different perspective, chip manufacturer Ar m claimed to have shipped 7.3 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.

Manufacturing 64

Manufacturing Forecasting Data-driven Internet of Things 64

CIO Business Intelligence

JULY 5, 2022

Then came the arrival of 5G, edge, and the Internet of Things (IoT). Manufacturers are also co-innovating with industry leaders to develop sensors for IoT and edge scenarios. Worldwide Global DataSphere Forecast, 2022-2026: Enterprise Organizations Driving Most of the Data Growth, May 2022. [2] Now, it’s the metaverse.

IoT 98

IoT Forecasting Internet of Things Machine Learning 98

CIO Business Intelligence

JUNE 30, 2022

Then came the arrival of 5G, edge, and the Internet of Things (IoT). Manufacturers are also co-innovating with industry leaders to develop sensors for IoT and edge scenarios. Worldwide Global DataSphere Forecast, 2022-2026: Enterprise Organizations Driving Most of the Data Growth, May 2022. [2] Now, it’s the metaverse.

IoT 98

IoT Forecasting Internet of Things Machine Learning 98

CIO Business Intelligence

DECEMBER 1, 2022

PepsiCo’s migration to the cloud has paid off in in many ways, Kanioura says — in speed, flexibility, and agility, reducing on-demand forecasting from weeks to days or hours, and in feeding its supply chain more accurately and frequently. “We We expect within the next three years, the majority of our applications will be moved to the cloud.”

Digital Transformation 144

Digital Transformation IoT Data-driven KPI 144

CIO Business Intelligence

DECEMBER 13, 2023

The evolution of AI and the use of structured and unstructured data When discriminative AI rose to prominence in sectors such as banking, healthcare, retail, and manufacturing, it was primarily trained on and used to analyze, classify, or make predictions about unstructured data.

Unstructured Data 98

Unstructured Data IoT Metadata Manufacturing 98

Cloudera

AUGUST 3, 2021

Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed. The last eighteen months is causing supply chain forecasters to rethink the definition and incorporate risk into the planning process. .

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

CIO Business Intelligence

SEPTEMBER 16, 2024

Inoltre, il software si lega all’uso di dispositivi IoT e AI per raccogliere e analizzare i dati nei data lake per fare monitoraggio, efficientamento e forecasting.

IoT 111

IoT Software Data Lake Forecasting 111

CIO Business Intelligence

APRIL 4, 2024

“Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We At Eaton, for example, an AI-based sales forecasting tool has the potential to boost productivity dramatically.

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134

IBM Big Data Hub

JUNE 15, 2023

Asset management Assets come in many shapes and sizes, from trucks and manufacturing plants to windmills and pipelines. This keeps maintenance information in one place and easily accessible to workers who must use it to perform regular maintenance activities like forecasting and replenishment.

Management 67

Management Broadcasting Cost-Benefit IoT 67

CIO Business Intelligence

JUNE 22, 2023

Aerospace and defense It likely comes as no surprise that there’s a high demand for engineers in the aerospace and defense industry including avionics, systems, AI, software, network, quality assurance, robotics, radio frequency (RF), simulation, flight test, and manufacturing engineers. Average salary: US$121,052 Increase since 2021: +14.4%

IT 122

IT Insurance Recreation/Entertainment Consulting 122

IBM Big Data Hub

MAY 31, 2023

When assets malfunction or aren’t performing optimally, there can be safety issues and financial implications – the average manufacturer reportedly loses about 800 hours a year in downtime. Predictive strategies take this even further and use advanced data techniques to forecast when things are likely to go wrong in the future.

Cost-Benefit 87

Cost-Benefit Strategy IoT Internet of Things 87

IBM Big Data Hub

JUNE 20, 2023

By coupling asset information (thanks to the Internet of Things (IoT)) with powerful analytics capabilities, businesses can now perform cost-effective preventive maintenance, intervening before a critical asset fails and preventing costly downtime. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 71

Strategy Management Cost-Benefit IoT 71

BizAcuity

JUNE 16, 2022

Edge computing comes as a boon for industries that depend on IoT like logistics and telecommunications. Ericsson believes that the future of IoT has the potential to be limitless. Various forecasts project a growth of over 5 billion IoT devices by 2025.

Data-driven 52

Data-driven IoT Data Processing Deep Learning 52

Smart Data Collective

SEPTEMBER 19, 2021

As far as the CAGR or Compound Annual Growth Rate is concerned, the largest growth is taking place forecasted vertically most notably for the cybersecurity service sector (management, consulting, and maintenance) especially relating to SMBs (Small-to-Medium Businesses.). The Reason For So Much Demand. Market Share.

Data-driven 121

Data-driven Big Data IoT Marketing 121

IBM Big Data Hub

MARCH 14, 2024

Apple was one of the first manufacturers to test the appetite for 5G in 2020 by offering its newest iPhone with 5G compatibility. 5G has been hailed as a disruptive technology, comparable to artificial intelligence (AI ), machine learning (ML) and the Internet of Things (IoT) in terms of the kinds of change it will bring about.

Technology 59

Technology IoT Cost-Benefit Internet of Things 59

CIO Business Intelligence

MAY 24, 2022

Providing a platform for fact-based and actionable management reporting, algorithmic forecasting and digital dashboarding. The Internet of Things (IoT) is a huge contributor of data to this growing volume, iotaComm estimates there are 35 billion IoT devices worldwide and that in 2025 all IoT devices combined will generate 79.4

Data-driven 98

Data-driven Data Lake Data Warehouse Cost-Benefit 98

IBM Big Data Hub

MARCH 4, 2024

In the four years since it burst onto the market, 5G has been widely touted as a disruptive technology, capable of transformation on a similar scale to artificial intelligence (AI) , the Internet of Things (IoT) and machine learning (ML).

IoT 94

IoT Internet of Things Technology Enterprise 94

CIO Business Intelligence

JUNE 22, 2022

Oxford Economics, a leader in global forecasting and quantitative analysis, teamed up with Huawei to develop a new approach to measuring the impact of digital technology on economic performance. The digital economy has become a key force for economic growth and social development. Huawei OptiXsense: Accelerating Pipeline Inspection.

Digital Transformation 105

Digital Transformation Internet of Things Manufacturing Unstructured Data 105

BizAcuity

MARCH 31, 2022

Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management. Integrating IoT and route optimization are two other important places that use AI. AI in Finance. AI in Healthcare.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Jet Global

JUNE 5, 2019

Data drives everything in the business world, from manufacturing to supply chain logistics to retail sales to customer experience to post-sale marketing and beyond, data holds the secrets to making processes more efficient, production costs cheaper, profit margins higher and marketing campaigns more effective. Toiling Away in the Data Mines.

Data mining 75

Data mining Business Intelligence OLAP Key Performance Indicator 75

IBM Big Data Hub

MARCH 28, 2024

According to a report from Future Market Insights (link resides outside ibm.com), the global private cloud services market is forecast to grow to USD 405.30 For instance, healthcare organizations can leverage IoT and other edge devices to conduct remote patient monitoring. billion by 2033, up from USD 92.64 billion in 2023.

Enterprise 97

Enterprise Cost-Benefit Data Processing Software 97

IBM Big Data Hub

FEBRUARY 6, 2024

According to a Gartner report (link resides outside ibm.com), worldwide end-user spending on public cloud spending is forecasted to total $679 billion and is projected to exceed $1 trillion in 2027. CSPs sell these resources according to subscription-based or pay-per-usage pricing models.

Cost-Benefit 98

Cost-Benefit Digital Transformation Software Internet of Things 98

Data Insight

OCTOBER 27, 2021

Manufacturing: Forecasting expected demand, process automation, precision cutting, analysis of IoT data. Indeed, AI is adding significant value in a range of different industries: Banking & finance: Fraud detection, fast and accurate credit scoring, automated decisioning and data entry.

Machine Learning 52

Machine Learning Insurance Cost-Benefit Unstructured Data 52

datapine

JULY 17, 2019

Moreover, within just five years, the number of smart connected devices in the world will amount to more than 22 billion – all of which will produce colossal sets of collectible, curatable, and analyzable data, claimed IoT Analytics in their industry report. What does this mean?

KPI 223

KPI Reporting Key Performance Indicator Dashboards 223