Data Management (Big Data/IoT/Blockchain)

Usage-Based Auto Insurance Could Have 142 Million Subscribers Globally by 2023

May 11, 2016

Usage-based auto insurance (UBI) is a growing segment of the automotive insurance market, the result of a technological revolution as the Internet of Things continues to further influence various industries.

Data, Analytics Programs Often Fail for Lack of Leadership Support

May 6, 2016

McKinsey

In a new survey, executives say senior-leader involvement and the right organizational structure are critical factors in how successful a company's analytics efforts are, even more important than its technical capabilities or tools.

Poll Finds Manufacturing Already Benefiting from Cloud Services, Big Data

May 6, 2016

Industry Week

Cloud technologies have already improved insights into business, according to 66 percent of respondents in a recent survey of manufacturers by Plex. In addition, 31 percent are either evaluating their Big Data needs and opportunities or plan to do so in the coming year - and 35 percent believe data analysis is the most important skill set for the next generation of employees.

As Internet of Things Proliferates, Efforts to Monetize It Grow as Well

May 4, 2016

CFO

It won't be long before smart devices are as ubiquitous as smartphones are today. Wearables and home appliances like Nest's smart thermostat have already taken off with consumers.

SAP Unveils Apps for Digital Asset Management

May 2, 2016

SAP SE

SAP SE has introduced SAP Asset Intelligence Network and SAP Predictive Maintenance and Service.

Robots May Conquer E-Commerce's Problematic Last Mile

April 29, 2016

Business Week

In the shadow of Greenwich's 02 Arena - the futuristic dome originally built as London’s showpiece for the Millennium - what looks like a picnic cooler on wheels zips among groups of gawking children. This little delivery robot, designed to autonomously navigate sidewalks, not roads, later this year will begin making deliveries from local businesses direct to customers. In doing so, it may just conquer e-commerce's final frontier: the Last Mile, the least efficient and most problematic step in the delivery process.

Is Widespread Adoption of Robotics Imminent?

April 29, 2016

Industry Today

Robotics has played a significant role in shaping the manufacturing environment for decades. Yet the impact of robotics in manufacturing has traditionally been directed at industrial manufacturing (think automotive manufacturing). This is all about to change as the new wave of robotics are equipped with intelligence systems, designed for flexibility and mobility, armed with sensors to enable human and robot collaboration, and are priced more attractively for a broader base of buyers.

Big Data Has Made Decision Making Worse, Not Better, Report Says

April 28, 2016

CFO

Across many industries, both business planning and key decision-making are increasingly informed by big data. As pressure mounts to match business operations to the record pace of current, aggressive market innovation, more organizations are looking to base decisions on hard numbers in order to mitigate risk and raise return. But faulty interpretation of data invites error in deriving and applying insights.

To Advance Business Strategy, Technology Must Be Embedded in 'Integrated Strategy Machine'

April 22, 2016

BCG Perspectives

This is an age of techno-utopianism. Topics like big data, advanced analytics, and artificial intelligence are at the forefront of the CEO agenda, a sign that companies see technology as a potential answer to many or even most of their challenges.

What Is the 'Fourth Industrial Revolution' and What Does It Mean for Your Industry?

April 22, 2016

Industry Week

Of the all the burning issues discussed at the World Economic Forum in Davos, Switzerland, earlier this year, one that got top billing was the promise and peril of the "Fourth Industrial Revolution."

Data Management (Big Data/IoT/Blockchain)

The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.