CIO Business Intelligence

FEBRUARY 5, 2024

Key use cases powered by edge AI: Redefining possibilities Edge AI is redefining possibilities in every industry through a variety of use cases, such as: Manufacturing optimization: Edge AI enables predictive maintenance, automated quality control and process optimization to minimize downtime, improve production yield and maximize productivity.

Optimization 124

Optimization Data Governance IoT Enterprise 124

CIO Business Intelligence

MARCH 30, 2022

Emerging technologies such as artificial intelligence (AI), machine learning (ML), augmented reality (AR), the Internet of Things (IoT) and quantum computing can help organizations scale on demand, improve resiliency, minimize infrastructure investments and deploy solutions rapidly and securely. Enrich to Empower.

Technology 98

Technology Internet of Things ROI IoT 98

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. Another way of saying this is: given some desired optimal outcome Y, what conditions X should we put in place.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Statistics 157

CIO Business Intelligence

FEBRUARY 22, 2024

Since its creation over five years ago, the Digital Hub has included a team of experts in innovation, technologies, and trends — such as IoT, big data, AI, drones, 3D printing, or advances in customer experience — who work in concert with other business units to identify and execute new opportunities.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

Smart Data Collective

JUNE 16, 2022

However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE. Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general.

Business Analytics 135

Business Analytics Analytics Forecasting Business Analysis 135

CIO Business Intelligence

NOVEMBER 29, 2022

Increasing ROI for the business requires a strategic understanding of — and the ability to clearly identify — where and how organizations win with data. New research has found that 71% of organizations link revenue growth to real-time data (continuous data in motion, like data from clickstreams and intelligent IoT devices or social media).

Data Architecture 111

Data Architecture Data Integration IoT Data-driven 111

CIO Business Intelligence

SEPTEMBER 24, 2024

See IDC PlanScape: Unit-Based Costing to Optimize IT Performance for an exploration of how unit cost can be applied to digital products and services.) Measuring ROI for a sustainable future To deliver value and assure AI’s importance with the organization, Wiedenbeck recognizes that he must demonstrate the value of AI and of his team.

IT 130

IT Insurance Cost-Benefit Risk 130

Domino Data Lab

MARCH 11, 2021

In this article, you will learn: How to Choose the Right ML Framework Evaluating Your Needs Parameter Optimization Scaling Training and Deployment Top Machine Learning Frameworks TensorFlow PyTorch Sci-Kit Learn H2O How Domino makes it easy to use the ML Framework that best suits your needs. Parameter Optimization.

Machine Learning 143

Machine Learning Deep Learning Insurance Modeling 143

CIO Business Intelligence

MAY 20, 2022

And in so many cases, it’s not pure ROI and cost savings but it’s removing hidden costs and shared costs of managing technical debt, like not having to do upgrades. Optimizing with machine learning. But it is keeping its eyes on, and using advanced technology, to optimize its core electricity business.

IT 105

IT Internet of Things Digital Transformation Data Architecture 105

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. Adopting a methodology that supports top-down and bottom-up alignment means more people can focus on planning and delivering outcomes rather than debating what and how to capture optimized metrics.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

MARCH 10, 2022

Answering these new realities means that modern SOCs must consolidate, do more with less, and optimize their practices for the reality and demands of today and tomorrow. Virtually every company is going through a digital transformation journey to be able to compete and thrive, e.g. cloud, mobile, IoT, machine learning.

Digital Transformation 98

Digital Transformation Machine Learning IoT ROI 98

AWS Big Data

OCTOBER 26, 2023

Read on to understand why price-performance matters and how Amazon Redshift price-performance is a measure of how much it costs to get a particular level of workload performance, namely performance ROI (return on investment). For low-cardinality data, there is another type of encoding that can be more optimal: BYTEDICT.

Data Warehouse 119

Data Warehouse Cost-Benefit Dashboards Optimization 119

Smart Data Collective

AUGUST 3, 2023

Data management tools Fleet maintenance is crucial for ensuring the health and ROI of your fleet. Blockchain helps optimize gasoline management and combat fraud by providing a transparent, unchangeable fuel transfer trail. Quicker repairs are possible when vehicles break down due to improved team coordination.

Technology 98

Technology Management Cost-Benefit Manufacturing 98

IBM Big Data Hub

JUNE 20, 2023

Valuable assets can be complex and markets are always shifting, so during this phase, it’s important to weigh the depreciation of the current asset against the rising cost of maintaining it in order to calculate its overall ROI. Put simply, it’s about fixing things before they break. appeared first on IBM Blog.

Strategy 71

Strategy Management Cost-Benefit IoT 71

Cloudera

NOVEMBER 25, 2021

We have a joint vision to support acceleration, cost optimisation, and optimal experiences for cloud adoption to businesses across every industry. . We are also seeing productivity increase, lower total cost of ownership and higher ROI. The Power of Two.

Machine Learning 90

Machine Learning IoT Risk Business Objectives 90

AWS Big Data

MARCH 7, 2023

They should also provide optimal performance with low or no tuning. It includes business intelligence (BI) users, canned and interactive reports, dashboards, data science workloads, Internet of Things (IoT), web apps, and third-party data consumers. This helps you process real-time sources, IoT data, and data from online channels.

Analytics 97

Analytics Data Warehouse Data Lake Metadata 97

CIO Business Intelligence

FEBRUARY 14, 2023

Titanium Intelligent Solutions, a global SaaS IoT organization, even saved one customer over 15% in energy costs across 50 distribution centers , thanks in large part to AI. An enterprise data ecosystem architected to optimize data flowing in both directions. report they have established a data culture 26.5%

Data Strategy 116

Data Strategy Strategy Machine Learning Data-driven 116

IBM Big Data Hub

SEPTEMBER 11, 2023

Forrester’s 2022 Total Economic Impact Report for Data Management highlights the impact Db2 and the IBM data management portfolio is having for customers: Return on investment (ROI) of 241% and payback <6 months. How Db2, AI and hybrid cloud work together AI- i nfused intelligence in IBM Db2 v11.5

Machine Learning 85

Machine Learning Cost-Benefit IoT Data Warehouse 85

IBM Big Data Hub

JUNE 30, 2023

Enterprise asset management (EAM) is an asset lifecycle management solution focused on optimizing the overall lifetime performance of assets from acquisition to end-of-life. KPI dashboards or MRO inventory optimization) and audit trails are also included in CMMS software solutions.

Management 60

Management Cost-Benefit Enterprise IoT 60

IBM Big Data Hub

JUNE 29, 2023

Enterprises are constantly looking for new ways to optimize performance, increase reliability and extend asset lifespans—all without adding unnecessary costs. This is why asset reliability is such a critical component of business strategy.

Cost-Benefit 80

Cost-Benefit Measurement Predictive Analytics Management 80

CIO Business Intelligence

APRIL 27, 2022

Internet of Things (IoT). CIOs who collaborate with their executive counterparts recognize that while CIOs drive many cybersecurity decisions, joining forces with the rest of the organization’s leadership team helps solidify technology implementation and change management while boosting ROI. Microsoft ?Azure Chief Risk Officer (CRO) ?–

Technology 52

Technology ROI Risk Internet of Things 52

IBM Big Data Hub

AUGUST 30, 2023

It is an enterprise cloud-based asset management platform that leverages artificial intelligence (AI) , the Internet of Things (IoT) and analytics to help optimize equipment performance, extend asset lifecycles and reduce operational downtime and costs. IBM Maximo customers will be required to move to IBM MAS when Maximo 7.x

Data Processing 66

Data Processing Cost-Benefit Internet of Things Enterprise 66

Cloudera

NOVEMBER 14, 2018

A huge amount of valuable training data is created on hardware at the edges of slow and unreliable networks, such as smartphones, IoT devices, or equipment in far-flung industrial facilities, such as mines and oil rigs. Spoiler alert: the optimal strategy is federated learning, and the ROI relative to the alternatives huge!

Machine Learning 41

Machine Learning Manufacturing IoT Modeling 41

Domino Data Lab

MARCH 3, 2019

That’s most likely a mix of devops, telematics, IoT, process control, and so on, although it has positive connotations for the adoption of reinforcement learning as well. The leaders have learned how to create ROI from ML—now they’re competitive and doubling down on their AI bets. to overcome before they become competitive as well.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

Alation

AUGUST 2, 2022

Using Alation’s curated data catalog , the company’s California-based data analysts efficiently collaborated with their peers in the Philippines to optimize their analysis efforts. The results of this project were: Time-savings ROI of 3000%. Data analyst onboarding time was reduced by 83%, from 1 year to 2 months.

Cost-Benefit 52

Cost-Benefit Metrics Strategy Data Lake 52

BizAcuity

JULY 22, 2019

This is the era of IoT (the Internet of Things). This data is gathered by the Internet of Things (IoT) devices. The power to optimize this gathered data lies in working with Machine Learning models that can replicate real-time scenarios. The Benefits of Fleet Management Optimization.

IoT 93

IoT Management Internet of Things Optimization 93

Corinium

APRIL 25, 2019

And more recently, we have also seen innovation with IOT (Internet Of Things). All assets need to be optimally leveraged for maximum business value while also being protected from misuse, whether there was malicious intent or not, and this needs to be the responsibility of whomever is responsible for that asset in the company.

Insurance 150

Insurance Risk IoT Data-driven 150

CIO Business Intelligence

OCTOBER 30, 2024

So we’re turning them into smart plants, self-optimized and autonomous. What approach are you taking to ensure ROI on these investments? We take a use-case focus to innovation, so we’re not implementing a digital twin here or some IoT there.

Digital Transformation 118

Digital Transformation Manufacturing IT Data Lake 118

CIO Business Intelligence

JANUARY 2, 2025

Rimini Street also delivers professional services, Rimini Consult, to help clients optimize and modernize around the ECC core without having to migrate to S/4HANA in the cloud or RISE with SAP. With a business-driven, ROI-positive approach, SAP licensees no longer have to march to the beat of SAPs drum.

ROI 98

ROI Manufacturing Consulting Strategy 98