article thumbnail

Supply Chain Analytics: Opportunities in Data Analysis and Business Intelligence

Altexsoft

These challenges can be addressed by intelligent management supported by data analytics and business intelligence (BI) that allow for getting insights from available data and making data-informed decisions to support company development. It’s important to monitor your vendors’ accountability (i.e., Cost control.

article thumbnail

Why CIOs should invest in digital through economic headwinds

CIO

Approximately 34% are increasing investment in artificial intelligence (AI) and 24% in hyper-automation as well. Investing in ICI would supposedly increase growth for cities and businesses, and improve the lives of citizens.

Security 340
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The AI continuum

CIO

Classical machine learning: Patterns, predictions, and decisions Classical machine learning is the proven backbone of pattern recognition, business intelligence, and rules-based decision-making; it produces explainable results. Downsides: Not generative; model behavior can be a black box; results can be challenging to explain.

article thumbnail

RTLS in Warehouses: Boosting Efficiency with IoT-Based Systems

Altexsoft

An RTLS or real-time location system is an autonomous, IoT -based network of connected devices that enables tracking and identification of objects. For example, you’ll be able to monitor such important handling equipment metrics as distance traveled, time needed for task completion, number of loaded/unloaded trips, idle time, etc.

IoT 52
article thumbnail

Data analytics: your complete guide to big data consulting

Agile Engine

Key takeaways Any organization that operates online and collects data can benefit from a data analytics consultancy, from blockchain and IoT, to healthcare and financial services The market for data analytics globally was valued at $112.8 It could be databases, spreadsheets, APIs, IoT sensors, or other sources. Conclusion 1.

article thumbnail

Understanding the Key Components of an Enterprise Data Warehouse

Openxcell

Some of them are: Enterprise Resource Planning or ERP systems Customer Relationship Management (CRM) platforms Finance applications Internet of Things (IoT) devices, Online systems Staging Area The staging area is a buffer space that is used to aggregate, clean, and sort data before it is loaded into an EDW.

article thumbnail

Rail Fleet Management: How Technologies Help Handle Asset Tracking and Maintenance in Freight Rail Industry

Altexsoft

miles long carrying 82,000 metric tons of ore), and more sustainable (one ton of freight can be moved over 470 miles on just a single gallon of diesel fuel). Performance metrics have to be consistently monitored to uncover your company’s problem areas and development opportunities. IoT and telematics in rail.