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The role of IoT in shaping smart cities

CIO Business Intelligence

Cities are embracing smart city initiatives to address these challenges, leveraging the Internet of Things (IoT) as the cornerstone for data-driven decision making and optimized urban operations. According to IDC, the IoT market in the Middle East and Africa is set to surpass $30.2 from 2023 to 2028.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

The demand for real-time online data analysis tools is increasing and the arrival of the IoT (Internet of Things) is also bringing an uncountable amount of data, which will promote the statistical analysis and management at the top of the priorities list.

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3 Compelling Ways IoT is Changing the Solar Industry

Smart Data Collective

The Internet of Things is one of the fastest growing industries. Since there is enough historical data, the energy companies can apply analytical and predictive models to calculate power generation rates under certain weather conditions. It grew 22% last year and is projected to grow further in the future.

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Top 10 Data Innovation Trends During 2020

Rocket-Powered Data Science

Customer purchase patterns, supply chain, inventory, and logistics represent just a few domains where we see new and emergent behaviors, responses, and outcomes represented in our data and in our predictive models.

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IT modernization leads to smarter cities, empowered by AI and edge

CIO Business Intelligence

For these cities, fortifying Internet of Things (IoT) sensor and device vulnerabilities to combat cyberthreats is a key concern. From aging technology to physical degradation, municipalities must address a variety of issues to ensure the seamless functioning of essential services as their smart city plans evolve.

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Otis takes the smart elevator to new heights

CIO Business Intelligence

IoT sensors send elevator data to the cloud platform, where analytics are applied to support business operations, including reporting, data visualization, and predictive modeling. With the advent of the internet of things, most physical things can now be monitored, controlled, updated, and even operated remotely,” Berntz says.

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From Bolts to Bots: How AI Is Fortifying the Automotive Industry

Smart Data Collective

So many smart devices have started to connect and communicate over the internet, that the term Internet of Things (IoT) has been coined to describe these “network-aware” devices. Utilizing advanced heuristics and AI modeling OEMs can simulate a multitude of conditions, fast-tracking these models using automation.

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