Smart Data Collective

APRIL 24, 2022

AI is changing the future of the manufacturing sector. According to one survey, 76% of manufacturing companies have either deployed AI or are in the process of developing an AI system to use in the near future. More and more the interaction between humans and machines becomes a hot topic in the manufacturing world. Ergonomics.

Manufacturing 112

Manufacturing Cost-Benefit Interactive Data-driven 112

datapine

MAY 31, 2022

This increases the risks that can arise during the implementation or management process. The risks of cloud computing have become a reality for every organization, be it small or large. The next part of our cloud computing risks list involves costs. These tools also help optimize the cloud for cost, governance, and security.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

JANUARY 24, 2024

When you look at other industries like manufacturing and services, productivity has continually increased, whereas business productivity in construction has remained fairly flat.” Our analytics capabilities identify potentially unsafe conditions so we can manage projects more safely and mitigate risks.” Hire the right architects.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

NOVEMBER 20, 2024

This SLM helps frontline workers in manufacturing troubleshoot food and beverage assets. It provides factory floor workers and engineers with recommendations, explanations, and knowledge about specific manufacturing processes, machines, and inputs.

Manufacturing 75

Manufacturing Marketing Modeling Finance 75

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

IBM Big Data Hub

JUNE 19, 2023

By sourcing materials and labor from countries with lower labor and manufacturing costs, businesses were able to capitalize on the economic boom, produce more goods and services, and minimize their costs. Learn more about supply chain solutions The post Reshoring: The risks of swinging the pendulum too far appeared first on IBM Blog.

Risk 77

Risk Manufacturing Reporting Modeling 77

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

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. Centralize, optimize, and unify data.

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

CIO Business Intelligence

OCTOBER 16, 2024

Dairyland Power Cooperative, a Wisconsin-based electricity supply company, for example, has turned to gen AI to improve optimization and performance of infrastructure in the field. “AI Edge computing can reduce latency, lower cost, and lower data exposure risks.” Another sector is manufacturing.

Cost-Benefit 143

Cost-Benefit Manufacturing Data-driven Optimization 143

Jet Global

APRIL 27, 2023

Tax teams of multinational enterprises (MNEs) in the manufacturing industry face increasing challenges to manage business and market risks effectively. These changes create an ever-increasing demand on manufacturing tax departments to report on cross-border situations and transactions.

Manufacturing 52

Manufacturing Marketing Reporting Experimentation 52

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Also center stage were Infor’s advances in artificial intelligence and process mining as well as its environmental, social and governance application and supply chain optimization enhancements. Verticals and related subverticals include manufacturing, food and beverage, hospitality, healthcare, distribution and retail.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

SEPTEMBER 23, 2024

For sectors such as industrial manufacturing and energy distribution, metering, and storage, embracing artificial intelligence (AI) and generative AI (GenAI) along with real-time data analytics, instrumentation, automation, and other advanced technologies is the key to meeting the demands of an evolving marketplace, but it’s not without risks.

Manufacturing 122

Manufacturing Internet of Things Metadata Risk 122

CIO Business Intelligence

SEPTEMBER 13, 2024

Its innovative factory automation, RFID scanning, and consolidation of seven warehouses into one building has vastly improved the efficiency of components distribution and has sped up delivery to the company’s manufacturing division. LCS has resolved many efficiencies plaguing Applied Materials’ expanding manufacturing process.

Manufacturing 123

Manufacturing Cost-Benefit Testing Interactive 123

3AG Systems

APRIL 3, 2023

The manufacturing sector is changing rapidly, fueled by the demand for real-time data, shop floor predictability, and data-driven decision-making. They enable manufacturers to visualize, predict, and optimize plant operations with minimized risk and increased reliability. By continuously. Read More

Manufacturing 40

Manufacturing ROI Data-driven Optimization 40

David Menninger's Analyst Perspectives

OCTOBER 30, 2024

Oracle announced significant updates to its Fusion Cloud Supply Chain & Manufacturing (SCM) software at the recently held Oracle Cloud World. This helps them maintain optimal inventory levels, reducing costs as well as the risk of overstocking or stockouts.

Management 130

Management IT Sales Manufacturing 130

Sisense

JANUARY 13, 2020

The modern manufacturing world is a delicate dance, filled with interconnected pieces that all need to work perfectly in order to produce the goods that keep the world running. In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

CIO Business Intelligence

OCTOBER 2, 2024

For instance, companies in sectors like manufacturing or consumer goods often leverage AI to optimize their supply chain. Every AI system introduces certain risks, whether related to cybersecurity, operational disruptions or legal liabilities. Identify gaps related to ethics, transparency, risk and compliance.

Gap analysis 119

Gap analysis Risk Manufacturing Data Governance 119

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 91

Manufacturing Forecasting Digital Transformation Sales 91

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Yet harnessing the corre ct data, turning that into manufacturing savvy, and achieving smart decisions from it are complex and overwhelming task s. Or reporting across multiple manufacturing units? .

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

Jet Global

MARCH 4, 2020

What Is A Manufacturing KPI? A manufacturing Key Performance Indicator (KPI) or metric is a well defined and quantifiable measure that the manufacturing industry uses to gauge its performance over time. Why Your Company Should Be Using Manufacturing Specific KPIs to Stay Competitive. How to Build Useful KPI Dashboards.

Manufacturing 80

Manufacturing Metrics Reporting KPI 80

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 RFID-enabled visibility can also mitigate counterfeiting and gray market diversion risks, he adds, while streamlining recalls and sharpening compliance with regulatory requirements.

IT 131

IT Manufacturing IoT Cost-Benefit 131

Smart Data Collective

JUNE 19, 2019

The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse. Tips for Improving Risk Management When Handling Big Data. Risk management is a crucial element of any successful organization.

Risk Management 72

Risk Management Risk Management Big Data 72

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 125

Analytics Manufacturing Internet of Things Advertising 125

IBM Big Data Hub

JULY 10, 2023

These thresholds can be based on industry standards, historical data or manufacturer recommendations. Proactively detecting and addressing potential mechanical failures significantly reduces the risk of accidents and injuries in the workplace.

Optimization 54

Optimization IT Measurement Manufacturing 54

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. This allows companies to model and optimize the interactions between the various computers that make a car run, ensuring everything is operating in sync to meet the desired specifications.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

Smart Data Collective

MARCH 29, 2023

From autonomous vehicles to predictive maintenance and optimized production processes, AI is revolutionizing every aspect of the automotive industry. AI has a significant advantage in manufacturing. AI can even be used for insurance programs that monitor driver behavior to calculate risks and costs.

Manufacturing 101

Manufacturing Cost-Benefit Machine Learning Optimization 101

CIO Business Intelligence

FEBRUARY 10, 2023

With predictive analytics, organizations can find and exploit patterns contained within data in order to detect risks and opportunities. Such models enable the assessment of either the promise or risk presented by a particular set of conditions, guiding informed decision-making across various categories of supply chain and procurement events.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

CIO Business Intelligence

OCTOBER 25, 2023

Enterprise use of AI tools will only grow, with industries like manufacturing leading the charge Our research shows that mirroring the broader AI trend, enterprises across industry verticals sharply increased their use of AI from May 2023 to June 2023, with sustained growth through August 2023. In general, they fall into two buckets: 1.

Enterprise 133

Enterprise Manufacturing Risk Finance 133

CIO Business Intelligence

OCTOBER 10, 2024

This could involve adopting cloud computing, optimizing data center energy use, or implementing AI-powered energy management tools. This includes minimizing the risks associated with AI bias, guaranteeing transparency in AI decision-making and addressing energy consumption in blockchain networks.

Metrics 124

Metrics Optimization Strategy Technology 124

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. Keeping pace with the connected consumer, embracing emerging trends in shopping, or staying ahead of the competition—these challenges bear down on retailers and manufacturers greater than ever before.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

CIO Business Intelligence

SEPTEMBER 18, 2023

These updates, which include changes to multiple applications within its Enterprise Resource Planning (ERP), Human Capital Management (HCM), Enterprise Performance Management (EPM), and Supply Chain and manufacturing (SCM) Fusion Clouds, are expected to help healthcare enterprises unify operations and improve patient care, Oracle said.

Enterprise 145

Enterprise Manufacturing Risk Optimization 145

CIO Business Intelligence

AUGUST 26, 2024

In sectors like finance, healthcare, and manufacturing, AI-driven solutions have already proven their worth by optimizing supply chains, improving risk management, and enhancing customer service. These capabilities are undeniably valuable.

Data-driven 114

Data-driven Manufacturing Data Warehouse Cost-Benefit 114

CDW Research Hub

JULY 9, 2021

Ensure a seamless, consistent experience and help you reduce costs and risks by consolidating to one platform. Additionally, Microsoft Teams Phone System gives enterprise users the option of leveraging physical IP endpoints from manufacturers such as Poly, AudioCodes, Crestron, and Yealink.

Optimization 52

Optimization Data Processing Cost-Benefit Manufacturing 52

CIO Business Intelligence

JUNE 6, 2023

It is a formula designed to help businesses assess the potential value of a new investment or initiative and typically has been used for ‘business investments’ such as a new marketing campaign, or building a new manufacturing plant. Resilience, risk reduction, and especially business agility are very important too.

Optimization 52

Optimization Cost-Benefit ROI Data-driven 52

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

IBM Big Data Hub

AUGUST 11, 2023

Manufacturing execution systems (MES) have grown in popularity across the manufacturing industry. If your manufacturing processes have become more intricate and challenging to manage manually, an MES can help streamline manufacturing operations management, increase efficiency and reduce errors.

Software 68

Software Manufacturing ROI Internet of Things 68

CIO Business Intelligence

JANUARY 3, 2024

These objections often include, “But we’ve always done it this way” (resistance to change), “It works just fine as is” (accepting the status quo which may be a sub-optimal solution), “Let’s wait until post-build” (pushing things off until later), “Let’s start with the metaverse” (being distracted by shiny objects), and more.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136