Smart Data Collective

AUGUST 19, 2019

All types of business use IoT very actively now, by 2022 the expenses in this sphere will reach $1 trillion. At the same time, in the pursuit of functionality, manufacturers and consumers forget about cybersecurity. If someone had created an IoT security indicator, this device would have long been flashing red.

IoT 90

IoT Manufacturing Internet of Things Machine Learning 90

CIO Business Intelligence

APRIL 16, 2024

With the emergence of GenAI capabilities, fast-tracking digital transformation deployments are likely to change manufacturing as we know it, creating an expanding chasm of leaders versus followers, the latter of which will risk obsolescence. Accelerated edge devices and IT/OT convergence capabilities are vital in manufacturing.

Manufacturing 142

Manufacturing Digital Transformation Risk Dashboards 142

CIO Business Intelligence

MARCH 6, 2024

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. Security is paramount for the core infrastructure that supports manufacturing and industrial operations.

Manufacturing 126

Manufacturing Cost-Benefit ROI IoT 126

Smart Data Collective

JUNE 23, 2022

Chip shortages, among other components, have fueled a steep increase in car prices, as much as USD$900 above the manufacturer-suggested retail price (MSRP) for non-luxury cars and USD$1,300 above MSRP for luxury ones. . The cars themselves are valuable sources of data, an estimated 25 GB that can help manufacturers understand trends more.

Analytics 132

Analytics Manufacturing Internet of Things Advertising 132

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,

Manufacturing 71

Manufacturing Technology Internet of Things Cost-Benefit 71

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. . Supply-side. Automation opportunities.

Manufacturing 92

Manufacturing Forecasting Digital Transformation Sales 92

CIO Business Intelligence

SEPTEMBER 26, 2024

And as part of it, both manufacturers and retailers will transition to 2D barcodes over the next three years. “A According to JW Franz, director of IoT at supply chain automation company Barcoding, as RAIN RFID is adopted, self-checkout will be enhanced considerably. RFID is not new but in earlier years it was expensive to implement.

IT 131

IT Manufacturing IoT Cost-Benefit 131

CIO Business Intelligence

AUGUST 4, 2023

In this conversation with Foundry, Kopal dives deep into her career progression, the challenges of marrying manufacturing with digitization and WABTEC’s commitment to sustainability. Much of the digitization in the manufacturing segment is related to the execution systems. Kopal, tell us about your journey. We are an industry 4.0

IoT 98

IoT Manufacturing Experimentation Internet of Things 98

CIO Business Intelligence

SEPTEMBER 23, 2024

Data-driven insights are only as good as your data Imagine that each source of data in your organization—from spreadsheets to internet of things (IoT) sensor feeds—is a delegate set to attend a conference that will decide the future of your organization. In another example, energy systems at the edge also present unique challenges.

Manufacturing 122

Manufacturing Internet of Things Metadata Risk 122

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. by 2025, and 90 ZB of this data will be from IoT devices. Yet harnessing the corre ct data, turning that into manufacturing savvy, and achieving smart decisions from it are complex and overwhelming task s.

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

CIO Business Intelligence

NOVEMBER 14, 2024

Challenge: Maintaining security is a moving target The highly distributed nature of retail and complex supply chains, along with increasingly sophisticated ransomware and fraud tactics and the growth of organized retail crime schemes, are driving up the risk of retail cyber events.

IT 64

IT Cost-Benefit Manufacturing Sales 64

CIO Business Intelligence

JANUARY 9, 2023

They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] Those using a turnkey, scalable BOaaS platform are quickly able to manage an entire AI and IoT ecosystem from one dashboard, across the cloud, edge and far edge. [4]

IoT 126

IoT Internet of Things Cost-Benefit Digital Transformation 126

Smart Data Collective

MARCH 23, 2022

Adopting Internet Of Things (IoT): The IoT system has a strong security feature that can detect forgery. Yet using the bulk signature poses some security risks, including hackers infecting your system and stealing your signature or manipulating file content for various cybercrime activities.

IoT 134

IoT Internet of Things Digital Transformation Manufacturing 134

Cloudera

AUGUST 12, 2021

In a 2021 white paper titled “Data Excellence: Transforming manufacturing and supply systems“ written by the World Economic Forum and the Boston Consulting Group, it documented that 75% of executives interviewed believed that advanced analytics in manufacturing was more important today than three years ago. Risk Management.

Data-driven 111

Data-driven Manufacturing Insurance Risk Management 111

CIO Business Intelligence

JUNE 22, 2022

At the same time, 5G adoption accelerates the Internet of Things (IoT). Japan and South Korea are expected to see 150 million IoT connections by 2025 , which will include the manufacturing and logistics sectors.

IoT 98

IoT IT Manufacturing Internet of Things 98

Cloudera

APRIL 27, 2022

At the same time, 5G adoption accelerates the Internet of Things (IoT). Japan and South Korea are expected to see 150 million IoT connections by 2025 , which will include the manufacturing and logistics sectors.

IoT 99

IoT IT Manufacturing Internet of Things 99

CIO Business Intelligence

NOVEMBER 28, 2023

In the process, risk levels increase, reputation plummets and operational efficiency is severely compromised. The second consideration is identity for IoT devices. Indeed, in the first half of 2023, IoT DDoS attacks surged by 300%, causing a $2.5 They can falsely approach vendors, partners, customers, and consumers.

Management 121

Management IoT Sales Manufacturing 121

Alation

MAY 12, 2022

Or, rather, every successful company these days is run with a bias toward technology and data, especially in the manufacturing industry. technologies, manufacturers must deploy the right technologies and, most importantly, leverage the resulting data to make better, faster decisions. Manage data effectively and efficiently. Here’s how.

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

CIO Business Intelligence

APRIL 6, 2022

The industry is buzzing with bold ideas such as “the edge will eat the cloud” and real-time automation will spread across healthcare, retail, and manufacturing. The first wave of edge computing: Internet of Things (IoT). This led to slowing adoption rates of IoT. Additionally, security concerns cooled wholesale adoption of IoT.

IoT 105

IoT Internet of Things Data-driven Manufacturing 105

CIO Business Intelligence

OCTOBER 12, 2023

It’s called PowerINSIGHTS , and I think it’s one that a lot of manufacturing companies can learn from. There’s a lot of legacy manufacturing companies in the state of Wisconsin, and what happens over the course of the years when manufacturing companies ship all these assets that have warranties and things of that nature?

IoT 126

IoT Manufacturing Strategy Modeling 126

CIO Business Intelligence

JANUARY 23, 2024

For example, manufacturers should capture how predictive maintenance tied to IoT and machine learning saves money and reduces outages. Risk reduction metrics can focus on security, business continuity, and compliance functions impacted by technology, data, and process improvements.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

IBM Big Data Hub

JUNE 29, 2023

Manufacturing has undergone a major digital transformation in the last few years, with technological advancements, evolving consumer demands and the COVID-19 pandemic serving as major catalysts for change. Here, we’ll discuss the major manufacturing trends that will change the industry in the coming year. Industry 4.0

Manufacturing 54

Manufacturing Internet of Things Cost-Benefit Digital Transformation 54

CIO Business Intelligence

JULY 19, 2023

When IoT becomes the driver of a new solutions P&L, the general manager of that business will need more technology acumen than general managers of the past. The second is to bring IoT and AI-driven predictive maintenance services to adjacent markets. “By Are we taking too many risks? Are we moving too quickly in some areas?

IoT 92

IoT Manufacturing Software Strategy 92

CIO Business Intelligence

DECEMBER 8, 2022

While organizations know they need to mitigate environmental risks more effectively across the supply chain, often they struggle to translate that ambition into results. One of the biggest challenges of IoT is proving ROI,” says Devin Yaung, SVP, Group Enterprise IoT Products and Services at NTT. Edge Computing.

IoT 101

IoT ROI Cost-Benefit Risk 101

Cloudera

DECEMBER 18, 2018

Defining these is, therefore, a crucial element, and Cloudera is now taking part in just that for the biggest revolution we’ve seen in business and society: the Internet of Things (IoT). Standards for IoT. Architecture for IoT. Connectivity is a pretty well-defined part of the IoT puzzle. Open source for IoT.

IoT 43

IoT Internet of Things Machine Learning Insurance 43

CIO Business Intelligence

AUGUST 16, 2022

Keith Bentley of software developer Bentley Systems describes digital twins as the biggest opportunity for IT value contribution to the physical infrastructure industry since the personal computer, and they’re used in a wide variety of industries , lending enterprises insights into maintenance and ways to optimize manufacturing supply chains.

Visualization 145

Visualization Cost-Benefit IoT Digital Transformation 145

Cloudera

AUGUST 3, 2021

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Digital Transformation is not without Risk.

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

CIO Business Intelligence

DECEMBER 12, 2023

There might be a need in Finance for more low-code and no-code tools to assist users with risk assessments, or a need in Field Operations to upgrade servers that fail daily and jeopardize their work. The company is also implementing more robots and internet of things (IoT) technologies as it automates its manufacturing plants.

IT 105

IT IoT Internet of Things Manufacturing 105

CIO Business Intelligence

JANUARY 24, 2024

A Lack of Control As cybersecurity teams, we don’t have the kind of control over IoMT devices that we have with other devices across our organizations, even IoT. Manufacturers don’t have consistent update policies and IoMT devices tend to have a lot of vulnerabilities. A Lack of Visibility You can’t protect what you can’t see.

Manufacturing 119

Manufacturing IoT Management Risk 119

CIO Business Intelligence

JANUARY 3, 2024

Beyond buildings and bridges, use cases range from remotely driving bulldozers in mines, virtual training on large, specialized equipment, specialty manufacturing design, as well as restaurant design, parking monitoring, and airport operation. All companies that practice and plan with live twins are getting an edge over their competition.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

Smart Data Collective

SEPTEMBER 19, 2021

Furthermore, cloud storage, blockchain, artificial intelligence, and IoT are big drivers as well. As far as market share goes, the global cybersecurity market share pie can be divided into multiple categories such as; retail, healthcare, government, manufacturing, transportation, financial services, and more. Market Share.

Data-driven 140

Data-driven Big Data Marketing IoT 140

Ontotext

APRIL 6, 2023

More and more companies are using them to improve a variety of tasks from product range specification and risk analysis to supporting self-driving cars. Manufacturing and Industry 4.0 For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. And that’s not all.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

3AG Systems

MARCH 21, 2023

Digital transformations hold the promise of improved efficiency, enhanced customer experiences, and increased competitiveness in the manufacturing industry. In this article, we will explore four ways mid-size manufacturers can combat these challenges and successfully implement digital transformation initiatives. Read More

Digital Transformation 40

Digital Transformation ROI Manufacturing Internet of Things 40

CDW Research Hub

SEPTEMBER 25, 2020

However, since many back-to-work solutions utilize IoT Smart Spaces technology , a number of new components likely need to be installed in order to reap the maximum benefits. To identify device risk, Forescout calculated the individual risk score for each device, then aggregated that score by taking the average risk per device model.

IoT 40

IoT Risk Manufacturing Strategy 40

CIO Business Intelligence

OCTOBER 27, 2022

A key driver for this is the steep resource cost in keeping customized implementations apace with the latest features — a cost many CIOs forgo in favor of stagnancy, at the risk of falling behind. There are regular updates to the ERP, which could be in the form of features and functionalities that are pushed into the live environment.

IT 145

IT Cost-Benefit Finance Marketing 145

Smart Data Collective

SEPTEMBER 15, 2021

Responding immediately in an effective manner to eliminate risks is possible for a company when it performs real-time data analytics. Most companies use data from video feeds and IoT sensors to continuously track business manufacturing lines for backlogs and stoppages. Provide Improved Customer Services.

IoT 134

IoT Business Objectives Manufacturing Software 134

CIO Business Intelligence

AUGUST 15, 2023

From healthcare to manufacturing, this year’s award winners span a wide range of industries, proving once again the impact information technology has in reshaping business and society at large. A risk-limiting audit (RLA) is one audit type used for election verification. The project has been transformative for Generac’s business.

IT 98

IT Manufacturing IoT Cost-Benefit 98