Smart Data Collective

JUNE 19, 2019

The Relationship between Big Data and Risk Management. Big data calls for complex processing, handling, and storage system, which may include elements such as human beings, computers, and the internet. Tips for Improving Risk Management When Handling Big Data. Risk Management Applications for Analyzing Big Data.

Risk Management 91

Risk Management Risk Management Big Data 91

Smart Data Collective

JUNE 24, 2021

The first and best thing small businesses can do to drastically improve their security is to invest in a secure wireless framework. Once the internet of things becomes mainstream, this will drastically increase the vulnerabilities in every network. Data analytics can help identify various weak points in your network.

Data Analytics 122

Data Analytics Analytics Internet of Things Measurement 122

IBM Big Data Hub

APRIL 19, 2024

Mobile-connected technicians experience improved safety through measures such as access control, gas detection, warning messages or fall recognition, which reduces risk exposure and enhances operational risk management (ORM) during work execution. Risk-based asset strategies align maintenance efforts to balance costs and risks.

Management 85

Management Internet of Things Risk IoT 85

IBM Big Data Hub

FEBRUARY 19, 2024

A 2023 survey found that a third of businesses are using artificial intelligence (AI) to improve resource and supply chain planning, and more than a third said using digital tools for inventory management was the most effective strategy in cutting overall supply chain costs.

Strategy 81

Strategy Management Forecasting Internet of Things 81

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. Access to asset/system simulations can enable more proactive maintenance planning, improved decision-making and better risk management.

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

IBM Big Data Hub

JULY 12, 2023

Team members discuss possible risks, analyze the risk impact of each one and propose courses of action to increase their overall preparedness. RTO is usually measured with a simple time metric, such as days, hours or minutes.

Risk 40

Risk Cost-Benefit Internet of Things Testing 40

Corinium

APRIL 25, 2019

Life insurance needs accurate data on consumer health, age and other metrics of risk. And more recently, we have also seen innovation with IOT (Internet Of Things). And it’s become a hyper-competitive business, so enhancing customer service through data is critical for maintaining customer loyalty.

Insurance 150

Insurance Risk IoT Data-driven 150