Welcome aboard the AI revolution – a transformative journey that’s redefining the business landscape. Whether you’re a seasoned entrepreneur or a startup visionary, understanding the AI trends that are steering this change is your ticket to future success. So, fasten your seatbelts; let’s focus on the AI innovations that are not just trends but necessities. […]
For Successful Transformations, CIOs Must Evolve
Our world is hybrid and becoming increasingly digitized – a study from McKinsey suggests that the pandemic accelerated companies’ adoption of digital or digitally enabled products by seven years. The ability to connect with one another like never before is exciting, but those connections don’t come without their challenges. For example, each new device communicating with the […]
Fundamentals of Digital Twins
Digital twins can present a virtual replica of physical components, processes, or systems to enable improved understanding of the performance characteristics of such entities. With digital twins, industry operators can visualize, predict, and optimize the performance of individual components within a system or process, or the entire process from a remote location. According to Microsoft, […]
How Digital Twins Can Optimize Supply Chain Planning and Efficiency
From the ongoing backlog at Southern California’s ports to the national shortages totaling more than 80,000 truck drivers, the COVID-19 pandemic has created myriad supply-chain challenges. With all of the changes and increased variables influencing the supply chain today, companies need a stronger understanding of various scenarios, and how those scenarios can impact a shipment at any […]
Graph: A Must-Have Enterprise Technology in 2022
If 2021 was the year graph technology went mainstream, 2022 will be the year it becomes an enterprise “must-have.” Graph companies have attracted hundreds of millions of dollars in funding this year, as more organizations scale up (and out) with graph. In addition to the usual graph use cases – which include fraud detection, anti-money […]
Updating Data Governance: Set Up a Cohesive Plan First
Enterprises are taking Data Governance—planning and programming to control and secure data—more seriously. In a recent DATAVERSITY® Trends in Data Management Report, 76 percent of organizations have a Data Governance program in place or such a plan for the future. This makes sense as companies focus more on security and business growth. Data breaches have […]
Why I Believe the Hyperautomation Hype – and You Should Too
Click to learn more about author Mathias Golombek. Just when you’d got to grips with automation, along comes hyperautomation. The buzzword cynics will think that’s a bad joke, a Will Farrell-style parody of a “top trend to watch!” from yet another thought leader. I’d usually count myself among those cynics, but on this occasion, I’m sold […]
Industry 4.0: Make Data-Driven Decisions Immediately
What if a cyber-physical world — fueled by data — shortened production and manufacturing decisions to the time it takes to adjust a thermostat’s temperature? This just begins to describe Industry 4.0. According to a recent McKinsey article, Industry 4.0 “expects to deliver between $1.2 and $3.7 trillion in value.” Meanwhile, according to Riasat Noor, […]
The Digital Mesh: How is it Changing Enterprises?
Is this a science fiction movie? No, the digital mesh — the long-awaited gift of connected technologies — is here now. Advanced science and telecommunications technologies together triggered the latest technology disruption, enabling people, processes, and digital devices to engage in a way that is vital for the survival of modern businesses. Landmark Digital Disruption: […]
Data Drives Digital Transformation’s Success in 2021
Click to learn more about author Keith Higgins. As the COVID-19 pandemic continues to accelerate digital transformation into 2021, 73 percent of manufacturers plan to increase their investment in smart factory technology over the next year. However, as manufacturers will favor automation to address social distancing and capacity requirements, people will be critical for digital […]