Smart Data Collective

JULY 17, 2019

New IOT devices will facilitate in-home senior care. Addressing specific health risks facing seniors. Seniors face a growing number of health risks as they get older. Some of these risks are much more evident than others, but that does not mean that less publicized concerns aren’t equally dangerous.

Machine Learning 106

Machine Learning Cost-Benefit Advertising IoT 106

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. From these data streams, real-time actionable insights can feed decision-making and risk mitigations at the moment of need. This is a physical device, in the IoT (Internet of Things) family of sensors, that collects and streams data from the edge (i.e.,

Machine Learning 190

Machine Learning Metrics Internet of Things Reporting 190

CIO Business Intelligence

JANUARY 3, 2024

For example, start with the digital twin, your IoT integration points, and all the data you need to make informed decisions, and then add collaboration and visualization later on, as opposed to starting with the metaverse and trying to work backward.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

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

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

Rocket-Powered Data Science

OCTOBER 6, 2023

Here are a few business examples of this type of prescriptive analytics: Which marketing campaign is most efficient and effective (has best ROI) in optimizing sales? These may not be high-risk discoveries, but they could be high-reward discoveries. Which pricing strategies lead to the best business revenue?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Statistics 157

CIO Business Intelligence

JUNE 23, 2022

Today’s work from anywhere culture, escalating ransomware, and an explosion of Internet of Things (IoT) devices are among the trends that are driving enterprises to rethink their approach to secure network access. Virtual Private Networks (VPNs) have long been the go-to method for providing remote users secure access to the corporate network.

Behavioral Analytics 96

Behavioral Analytics Internet of Things IoT ROI 96

CIO Business Intelligence

APRIL 6, 2022

Large enterprises that have traditionally been risk-averse are now adopting new approaches such as investing in design and innovation studios, partnering with startups for niche capabilities, and gaining early access to technology through strategic partnerships with hyper-scalers. Accelerate Innovation.

Experimentation 103

Experimentation Uncertainty Data Lake Enterprise 103

Cloudera

NOVEMBER 25, 2021

Protect: security needs including risk management, fraud detection and cybersecurity initiatives through risk modelling and analysis, regulatory compliance, and financial crime prevention. . 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

Domino Data Lab

MARCH 11, 2021

TensorFlow has added several important new features: Deploying on multiple platforms – improved compatibility for mobile devices, IoT and other environments, using the SavedModel format that allows you to export Tensorflow models to virtually any platform. With the release of TensorFlow 2.0, Eager execution – in Tensorflow 1.x,

Machine Learning 143

Machine Learning Deep Learning Insurance Modeling 143

Cloudera

AUGUST 22, 2021

And yet, we are only barely scratching the surface of what we can do with newer spaces like Internet of Things (IoT), 5G and Machine Learning (ML)/Artificial Intelligence (AI) which are enabled by cloud. Cloud-enabled use cases like IoT and ML/AI are being used at scale by customers across APAC. .

Cost-Benefit 105

Cost-Benefit IoT Strategy Digital Transformation 105

CIO Business Intelligence

MAY 20, 2022

These capabilities allow us to reduce business risk as we move off of our monolithic, on-premise environments and provide cloud resiliency and scale,” the CIO says, noting National Grid also has a major data center consolidation under way as it moves more data to the cloud. I call it cloud density in the right way,” Karaboutis adds.

IT 105

IT Internet of Things Digital Transformation Data Architecture 105

CIO Business Intelligence

MARCH 10, 2022

Now is the time for a change to enable a modern SOC—taking on SOC consolidation to achieve better outcomes, with faster remediation , reduced risk and an overall stronger security posture. 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

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. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 71

Strategy Management Cost-Benefit IoT 71

CIO Business Intelligence

APRIL 27, 2022

Cyber threats are among the top ten highest-rated critical risks of organizations today and for 2030, according to? Protiviti’s Executive Perspectives on Top Risks for 2021 and 2030. The constantly changing risk environment requires companies to be agile in how they adapt and address cyber risks. Internet of Things (IoT).

Technology 52

Technology ROI Risk Internet of Things 52

IBM Big Data Hub

JUNE 29, 2023

Asset performance management Business leaders know how important it is to have a deep understanding of when their assets are likely to fail so they can take immediate action to reduce risk to overall business operations. The goal of EAM is always to improve equipment reliability, increase productive uptime and reduce operational costs.

Cost-Benefit 80

Cost-Benefit Measurement Predictive Analytics Management 80

CIO Business Intelligence

AUGUST 9, 2023

Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Now, in 2023, companies are using analytics and intelligence capabilities as well as IoT and edge computing.

Digital Transformation 137

Digital Transformation Data-driven Strategy Consulting 137

bridgei2i

MARCH 12, 2020

They are leveraging online marketplaces, they’re using IoT, digital products and services. But there does seem to be quite a bit of skepticism about the ROI from AI investments. There’s also a risk of AI not being actionable. And interestingly, all of these digital models generate humongous amount of data.

Enterprise 52

Enterprise Digital Transformation ROI Data-driven 52

IBM Big Data Hub

JUNE 30, 2023

This broadening of scope has especially benefitted industries heavily reliant on physical assets or with complex asset infrastructures where asset management effectiveness and ROI are major contributors to the bottom line. Get the most value from your enterprise assets with Maximo Application Suite.

Management 60

Management Cost-Benefit Enterprise IoT 60

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. However, there are a few risks to take into consideration when choosing a SaaS option.

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! Conclusion.

Machine Learning 41

Machine Learning Manufacturing IoT Modeling 41

In(tegrate) the Clouds

DECEMBER 21, 2015

What are the biggest risks for software vendors in 2016? With so much hype around the promise of new technologies and disruptive business models, the risk is that the so-called unicorns become ‘unicorpses.’ New technology platforms must demonstrate a fast time to value and quantifiable ROI or they will no longer be relevant.”.

Technology 45

Technology Internet of Things Digital Transformation Big Data 45

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

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Data-driven 150

3AG Systems

MARCH 21, 2023

A key reason for failure lies in the challenges associated with obtaining a satisfactory Return on Investment (ROI). Understanding the ROI challenge Industry 4.0 and IoT (Internet of Things) programs often require significant investments in hardware, software, and consulting.

Digital Transformation 40

Digital Transformation ROI Manufacturing Internet of Things 40

CIO Business Intelligence

JANUARY 2, 2025

ERP migrations are prone to risk and failure they take too long, are too expensive and can cause disruptions, Hays says. With a business-driven, ROI-positive approach, SAP licensees no longer have to march to the beat of SAPs drum. Theyre projects that can make headlines if they go wrong.

ROI 98

ROI Manufacturing Consulting Strategy 98

CIO Business Intelligence

JANUARY 8, 2025

This involves the integration of digital technologies into its planning and operations like adopting cloud computing to sustain and scale infrastructure seamlessly, using AI to improve user experience through natural language communication, enhancing data analytics for data-driven decision making and building closed-loop automated systems using IoT.

Experimentation 111

Experimentation Digital Transformation Cost-Benefit ROI 111