CIO Business Intelligence

APRIL 26, 2022

Quality is another important aspect of manufacturing. Whether you’re talking about components on a high-speed production line or levels in filling machines, every facet of the manufacturing industry focuses on quality detection and quality assurance. How can we improve manufacturing personnel and facility safety?

Manufacturing 98

Manufacturing Optimization Metrics Deep Learning 98

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. The average ROI from RPA/IA deployments is 250%. Robotic Process Automation is for “more than once” automation.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

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

CIO Business Intelligence

DECEMBER 10, 2024

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. For example, developers using GitHub Copilots code-generating capabilities have experienced a 26% increase in completed tasks , according to a report combining the results from studies by Microsoft, Accenture, and a large manufacturing company.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

DECEMBER 18, 2024

Ingram Micro doesnt manufacture anything. We also created a digital operations group called DigiOps, which is responsible to ensure our digital investments drive ROI. To be a platform business, you need a network, demand, supply, data, and a customer experience that differentiates.

Digital Transformation 116

Digital Transformation Metrics Measurement ROI 116

CIO Business Intelligence

MARCH 12, 2024

With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI. When these additional costs appear, the original ROI prognosticators get unhappy.

ROI 122

ROI IT Manufacturing Metrics 122

datapine

JULY 6, 2022

Productivity can be measured in many different ways and at different levels, from the raw industrial output of an asset in a manufacturing facility to the specific individual sales performance of a vendor. There is a manufacturing element here that draws appeal to all industries. Productivity Metrics In Manufacturing.

Measurement 243

Measurement Metrics KPI Sales 243

DataKitchen

JUNE 24, 2021

The first-class citizen is data and the product that you’re manufacturing is a data solution. Introducing that parallel manufacturing path for data as a first-class citizen, for data as a product or data as a solution, is where the challenge comes in getting started.”. DataOps Maximizes Your ROI. Design for measurability.

Metrics 211

Metrics ROI Measurement Cost-Benefit 211

Smarten

AUGUST 31, 2022

Increase the ROI and TCO of Tally ERP with Integrated Tally Mobile Analytics! If you are considering, or have already purchased software, you probably faced the questions from your management team about return on investment (ROI) and total cost of ownership (TCO). On the surface, the calculations for TCO and ROI may seem simple.

ROI 52

ROI Analytics Software Finance 52

Smarten

SEPTEMBER 21, 2022

How Can I Improve ROI for Tally ERP? Surveys reveal that the top three vertical industries currently using Tally ERP include Manufacturing, Retail and Real Estate. So, Return on Investment (ROI) is paramount! Original Post : Combine Tally ERP with Analytics and Improve ROI! It’s Simple! Add Analytics!

ROI 52

ROI Slice and Dice Analytics Cost-Benefit 52

Smart Data Collective

JULY 28, 2021

As a retailer or manufacturer selling via e-commerce platforms, you already know the importance of using big data to improve automation. So far, most automation in this realm has been employed in the manufacturing process, but now, an increasing number of retailers are automating shipping too. billion by 2027.

Data-driven 137

Data-driven Big Data Manufacturing Marketing 137

Smarten

FEBRUARY 8, 2023

The client is one of the leading pipe manufacturers in India and among only a few companies adopting the latest technology and quality control programs that are widely accepted at a global level to develop CPVC plumbing systems as per the Indian plumbing market. The company has manufacturing units at Gujarat, Himachal Pradesh, and Tamil Nadu.

Business Intelligence 52

Business Intelligence Manufacturing Sales Cost-Benefit 52

CIO Business Intelligence

MAY 29, 2024

Can order management automation provide the ROI you need to justify the investment? The ROI of automation It’s true that automation solves the labor-intensive tasks that slow us down. But increasingly, industry leaders seem pessimistic about the ROI they’ve achieved from their digital tools. What is Automated Order Management?

Management 98

Management ROI IT Cost-Benefit 98

Smarten

FEBRUARY 2, 2023

Client is a leading manufacturing and marketing firm of ceramics tiles with more than 20 years in the industry. They are manufacturing ceramic tiles, glass mosaics and porcelain mosaics under four different brands based on applications like designer kitchen, bathroom, swimming pools and parking.

Manufacturing 52

Manufacturing Analytics ROI Marketing 52

DataKitchen

MARCH 8, 2023

Like in product manufacturing, finding and reducing errors are the keys to data and analytics manufacturing success. Manufacturing production errors refer to mistakes or defects that occur during the manufacturing process. The day-to-day production of data analytics is also a manufacturing process. Will it work?

Analytics 130

Analytics Manufacturing Data-driven Data Analytics 130

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

Smarten

DECEMBER 26, 2022

Improve Tally ERP TCO and ROI and Make Your Business Users Happy with Integrated Analytics! If the business wishes to get the most out of Tally ERP and improve ROI and TCO, it is wise to consider the addition of integrated analytics.’. Original Post : Integrate Mobile Analytics with Tally ERP to Improve ROI/TCO!

ROI 52

ROI Analytics Key Performance Indicator Finance 52

datapine

JANUARY 6, 2022

Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. A recent data study performed by Deloitte vividly demonstrates this in finding that data analysis ROI is driven by efficient cost reductions.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smart Data Collective

APRIL 24, 2019

Manufacturing is a more powerful and essential part of our industries and economies than ever. If you represent a manufacturing concern and you’re wondering about the benefits of capturing and analyzing operational data , you’ve come to the right place. Who’s Using Analytics in Manufacturing?

Analytics 104

Analytics Manufacturing Cost-Benefit Internet of Things 104

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

bridgei2i

NOVEMBER 3, 2021

Driving AI Adoption in the Manufacturing Industry. Tune in to listen to Ronobijay Bhaumik and Aditya Karnani as they engage in a conversation about how empowering workers with decision-making skills can lead to accelerated adoption of AI in the manufacturing industry. [3:40] Subscribe Now. Highlights. Transcript Transcript.

Manufacturing 52

Manufacturing Enterprise ROI Digital Transformation 52

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. Joanne Friedman, PhD, CEO, and principal of smart manufacturing at Connektedminds, suggests using three value-based KPIs: time to data, time to decision, and overall time to value.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

datapine

MAY 6, 2022

A few saved orders are often all it takes to get into positive ROI territory based on increased labor costs. It might just be you and the supplier plus a local carrier if you have a regional manufacturer. Increasing the number of scans can likely reduce your error rate by single-digit to double-digit percentages. Automate simple steps.

Management 229

Management Sales Insurance Dashboards 229

CIO Business Intelligence

AUGUST 30, 2023

Corporate projects are classically evaluated on standard matrices such as return on investment (ROI), break-even period, and capital invested. A manufacturing organization can be broken down into three big blocks — manufacturing, supply chain, and sales and marketing — wherein the company strives to bring in efficiencies.

Digital Transformation 105

Digital Transformation Experimentation ROI Risk 105

Smart Data Collective

APRIL 27, 2020

They replace humans in these areas, making them free to focus on other productive tasks and add value to the business ROI. This not solely prevents seamless functioning of the processes, but also gives an escape from heavy losses in terms of monetary funds, time, and efforts, which can affect the overall ROI.

IoT 132

IoT Internet of Things Cost-Benefit ROI 132

erwin

AUGUST 13, 2020

managing risk vs ROI and emerging countries)? erwin has a proven track record supporting enterprise architecture initiatives in large, global enterprises in highly regulated environments, such as critical infrastructure, financial services, healthcare, manufacturing and pharmaceuticals. M&A, new markets, products and businesses).

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

Smart Data Collective

SEPTEMBER 9, 2022

What kind of ROI can big data offer for the ecommerce sector? Data-driven ecommerce companies have a strong advantage over their competitors. As we stated before, data-driven marketing strategies are extremely valuable for ecommerce companies. One study showed that big data helps companies in all sectors increase profitability by 60%.

Data-driven 145

Data-driven Big Data ROI Manufacturing 145

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

IBM Big Data Hub

MAY 17, 2023

They determined an ROI of 212% over 3 years for a composite organization based on interviewed customers who are running their SAP environments in IBM Cloud. Forrester Consulting interviewed clients who deployed SAP solutions globally on IBM Cloud as part of the IBM-commissioned 2023 Total Economic Impact study.

Consulting 114

Consulting ROI Manufacturing Management 114

CIO Business Intelligence

JUNE 1, 2023

The ROI of HPC-driven innovations HPC provides value to most organizations, regardless of industry. A Hyperion study 1 estimates the return on investment (ROI) of HPC to be $44 of profit for every dollar of investment in HPC. “To Beyond its ROI, HPC is revolutionary for scientists and engineers. million,” shares Hyperion. “To

ROI 111

ROI Cost-Benefit Machine Learning Testing 111

CIO Business Intelligence

SEPTEMBER 11, 2023

Hussman, which manufactures and services commercial refrigeration equipment for food retailers globally, is a 117-year-old company. But today even companies that manufacture physical goods have to have a digital-savvy C-suite, Seals says. Digital technology is infiltrating our business in ways we never thought of ourselves,’’ he says.

Digital Transformation 135

Digital Transformation ROI Strategy Data Science 135

Cloudera

FEBRUARY 8, 2021

Micheal Ger, Managing Director Manufacturing & Automotive at Cloudera summed up it best with the insight, “Imparting intelligence into connected cars is complex – involving hardware, software, and deep domain expertise. scalability, ROI, and success. In summary, this is an exciting time. In addition, join us for industry 4.0-

Machine Learning 108

Machine Learning Manufacturing Unstructured Data Data Collection 108

CIO Business Intelligence

JANUARY 7, 2025

Companies must get this puzzle solved right to avoid the disappointing ROI that many have experienced in 2024 related to their AI capabilities. Cracking this code or aspect of cloud optimization is the most critical piece for enterprises to strike gold with the scalability of AI solutions.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

datapine

JANUARY 18, 2023

Operational reports are commonly used in manufacturing, logistics, and retail as they help keep track of inventory, production, and costs, among others. Manufacturing Report Next in our essential types of business reports examples, we’re looking at tools made to improve your business’s various manufacturing processes.

Reporting 201

Reporting Metrics Dashboards Visualization 201

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 Internet of Things Cost-Benefit 68

CIO Business Intelligence

DECEMBER 8, 2022

This is designed to help manufacturing, transportation and other industries accelerate sustainability initiatives and make data-driven decisions to reduce their carbon footprint and become more efficient through the intelligent use of IoT connectivity. Today’s complex challenges require ambitious solutions that can scale and evolve over time.

IoT 101

IoT ROI Cost-Benefit Risk 101

CIO Business Intelligence

MARCH 16, 2022

For example, one team at a multinational automobile manufacturer has moved its projects into value streams and started to see a number of benefits. Leveraging VSM principles, a group at a Fortune 500 Insurance company was able to make some small changes that have proven to deliver significant dividends. Conclusion.

Management 98

Management Cost-Benefit Insurance Business Objectives 98