article thumbnail

Benefits of Using Big Data to Assist with Digital Adoption

Smart Data Collective

Digital transformation has been a goal for many organizations in recent years, and the shift to remote and hybrid working arrangements has only made this desire to future-proof their business more immediate. Big data has been the epicenter of digital adoption in recent years. Big Data is the Foundation of Digital Adoption.

Big Data 275
article thumbnail

2023 SAP Innovation Award Winner: Petrobras Predictive Asset Insights

Timo Elliott

It monitors sensors and indicators powered by IoT, machine learning, and digital twin technology in real-time, in the form of graphs, geographical maps, and advanced analytics of equipment and systems. Any incidents can impact workers safety, reliability, operational efficiencies, or environmental requirements.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Green Data Centers Make Data-Driven Entities More Sustainable

Smart Data Collective

Researchers estimate that in 2025, they will consume around 20% of the world’s power supply. The digital revolution is nowhere near slowing down, with data centers spearheading the rapid advancements in IT resources. What makes them different from traditional data centers? billion by 2027.

article thumbnail

The Best IoT Temperature Sensors for Smart Homes

Smart Data Collective

billion IoT devices online by 2025 , as more people discover their benefits. Today, you need to rely on sensitive digital sensors that can remotely monitor the temperature of your commercial and residential equipment in real time. A number of new IoT devices have made it easier to manage smart homes and have improved or lives.

article thumbnail

AI-Based Banking Loan Software Will Become Norm In 2022

Smart Data Collective

Digital banking market. On the contrary, COVID-related challenges became opportunities and had a major shaping impact on the banking tech forcing incumbents to invest in digital channels. From blockchain adoption to the use of AI scoring and digital underwriting – a lot of banking processes became paperless and online.

Banking 297
article thumbnail

Data-Driven Marketing Strategies to Supercharge eCommerce Businesses

Smart Data Collective

billion on big data by 2025. From books, clothes, and shoes to courses and memberships, consumers are interacting with digital businesses more than ever. Digital marketing is now an integral part of the e-commerce business. The e-commerce sector is projected to spend over $6.2

article thumbnail

Retail real estate sector is booming: how digital transformation can help to succeed?

CMW Lab Blog

In this article, we’ll explore some of the ways that digital transformation influences the real estate industry and the benefits it brings. Impact of the digital transformation on consuming in retail Digital transformation , no doubts, has significantly impacted retail real estate.