Joseph Selle, IBM's executive in charge of cognitive transformation and operations, is among technology experts who believe artificial intelligence is applicable not only across the supply chain but throughout every department and function in a company.
International Data Corporation (IDC) surveyed the global manufacturing landscape for its new report, "IDC FutureScape: Worldwide Manufacturing Predictions 2018." The global market intelligence firm examined ecosystems and experiences, greater intelligence in operational assets and processes, data capitalization, the convergence of information technology (IT) and operations.
Logistics providers have been relatively slow in embracing artificial intelligence and machine learning. Now, the technology is finally beginning to have an impact on key business decisions throughout the industry.
Imagine being able to know not only where everything is exactly, but its condition, and what has happened to it along the way. The implications are enormous — temperature can be monitored and adjusted en route, unexpected delays can be determined and corrected, and deliveries to the wrong location can be found and quickly corrected. A much more efficient supply chain is on the way.
The past 12 months or so continued a multiyear streak of data breaches, identity thefts, phishing incidents, ransomware attacks and other malware intrusions that have cost organizations billions of dollars and damaged credibility throughout the world. That’s the bad news.
Gartner, Inc. forecasts worldwide enterprise security spending to total $96.3bn in 2018, an increase of 8 percent from 2017. Organizations are spending more on security as a result of regulations, shifting buyer mindset, awareness of emerging threats and the evolution to a digital business strategy.
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.
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