Tag: Industries

Feed: Featured Blog Posts - Data Science Central. Author: Bill Schmarzo. Most of the Big Data, Data Science and AI / ML success stories seem to revolve around Business-to-Consumer (B2C) industries.  The companies that we see leading the economic exploitation of data and analytics are primarily B2C companies such as Apple, Alphabet (Google), Microsoft, Amazon, and Facebook (Figure 1). Figure 1: World’s Most Valuable Companies are exploiting the Economics of Data and Analytics The advantage that B2C companies in industries such as retail, entertainment, transportation, hospitality, and healthcare have is that they have direct access to granular, real-time consumer purchase ... Read More

Feed: CIO. Author: . From cars and TVs to lightbulbs and doorbells. So many of the objects in everyday life have ‘smart’ functionality because the manufacturers have built chips into them.  But what if you could also run machine learning models in something as small as a golf ball dimple? That’s the reality that’s being enabled by TinyML, a broad movement to run tiny machine learning algorithms on embedded devices, or those with extremely low power requirements.Heavy hitters such as Google, Qualcomm, and ARM recognise TinyML’s potential to transform the way we think about machine learning. It subverts the premise ... Read More

Feed: Featured Blog Posts - Data Science Central. Author: Boris Dzhingarov. In a world that is becoming increasingly reliant on technology, data science plays an extremely important role in various sectors. Data science is the umbrella term that captures several fields, such as statistics, scientific methods, and data analysis. The goal of all these practices is to extract value from data. This data could be collected from the Internet, smartphones, sensors, consumers and many other sources. In short, data science is all around us; that’s part of what makes it such an exciting field. Even now that we know that ... Read More

Feed: CIO. Author: . In 2020, one of the most serious pandemics in history swept across the world. COVID-19 dramatically changed how people live, work, and create value. As such, it has driven the increasing convergence of the digital and physical worlds. It has also supercharged the digital transformation of industries, and thousands of industries are being reshaped, marking an epochal shift.Digital transformation has entered a new stage of development, offering much-needed certainty in a climate of extreme uncertainty resulting from the resurgence of COVID-19 and a sluggish economic recovery. This new stage is defined by four trends.First, digitalization is ... Read More

Feed: CIO. Author: . The pandemic has been a significant catalyst for driving digital transformation and adopting intelligent technologies that enable enterprises to improve their speed, agility, and efficiency. In fact, by 2025, it is estimated that 97% of global enterprises will have implemented digital transformation through intelligent upgrades, according to Huawei's Global Industry Vision (GIV) 2025 predictions.Drawing from Huawei’s quantitative data and real-world use cases of how intelligent technology is permeating every industry, the GIV report predicts that data utilization will reach a rate of 86%, a staggering 90% of the world's population will use smart devices with smart ... Read More

Feed: CIO. Author: . The pandemic has been a significant catalyst for driving digital transformation and adopting intelligent technologies that enable enterprises to improve their speed, agility, and efficiency. In fact, by 2025, it is estimated that 97% of global enterprises will have implemented digital transformation through intelligent upgrades, according to Huawei's Global Industry Vision (GIV) 2025 predictions.Drawing from Huawei’s quantitative data and real-world use cases of how intelligent technology is permeating every industry, the GIV report predicts that data utilization will reach a rate of 86%, a staggering 90% of the world's population will use smart devices with smart ... Read More

Feed: Microsoft Azure Blog. Author: Christoph Berlin. The manufacturing industry continues to rapidly adopt Internet of Things (IoT) technology to optimize productivity, gain efficiencies, increase uptime, and meet sustainability goals. As organizations look to harness IoT across their ecosystems of connected devices, security and compliance continue to be at the forefront of conversations. Our commitment is to simplify IoT for mainstream adoption. As such, we are announcing the general availability of nesting capabilities for Microsoft Azure IoT Edge that conforms to ANSI/ISA-95 standard for network isolation. This IoT Edge solution adds to other significant advancements that make it easier for ... Read More

Feed: CIO. Author: . Ears still ringing from the Banking Royal Commission thumping, CBA-owned Bankwest has for the past few years been dealing with the demands of the new open banking regime and its mandate that all customers have more freedom in who they deal with and what products they can choose.For Australia’s banks, especially the ‘Big 4’, it’s been a slog.The process of dragging several decades’ worth of legacy and proprietary core systems into the third decade of the 21st century started many years ago, but open banking has created a greater sense of urgency as well as compliance risk, on top of broader ... Read More

Feed: Redis Labs. Author: Maygol Kananizadeh. Digital transformation has been an ongoing journey for many organizations across industries for the past few years. However, this transformation was significantly accelerated this past year due to COVID-19. Since people’s day to day lives have become more digital, their expectations—not surprisingly—have grown much more real-time in nature. And having access to real-time data is a key component for all organizations to ensure they can deliver the best experience to their users. As the builders of a real-time data platform, we find ourselves at the center of many digital transformation projects. We believe that for ... Read More

Feed: Microsoft Dynamics 365 Blog. Author: Alexis Goodrich. Digital transformation is rapidly expanding, the workforce is aging, and organizations are looking for technology to upskill their workforce faster. Manufacturers, in particular, rely on a highly skilled workforce that must keep up with the pace of technology change. Deloitte and the Manufacturing Institute estimate that up to 2.4 million United States manufacturing jobs could remain unfilled between 2018 and 2028 because of a lack of adequate skills.1 What's needed to address the skills gap is a scalable solution to training and operations. With Microsoft Dynamics 365 Guides, no custom coding is ... Read More