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Leverage Blockchain Technology for Supply Chain Management

BizAcuity

Quite recently, the logistics industry was introduced to Edge and Fog cloud computing , to make the use of IoT devices (for analytics) cost-effective and efficient. This also meant leveraging blockchain technology for supply chain management could revolutionize the logistics industry forever. Industry 5.0 Conclusion.

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How The Cloud Made ‘Data-Driven Culture’ Possible | Part 3

BizAcuity

The cloud infrastructure consists of shared resources, deployed on a self-service basis over the Internet. Advantages: Cost-effective, Disadvantages: Number of security challenges, lack of freedom to a certain extent. IBM is one of the leaders in providing such an infrastructure. Disadvantages: High Costs.

IBM cost 130
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Top Legacy Modernization Tools for 2024

Astera

Example: An online retailer moves its e-commerce application from an on-premises IBM WebSphere server using Java EE to AWS for better scalability and performance. The replatforming involves rehosting the application on AWS Elastic Beanstalk migrating the database from IBM DB2 to Amazon RDS for PostgreSQL.

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5 Industries That Are Being Revolutionized By Big Data

Smart Data Collective

IBM wrote an excellent report about the use of big data in the retail sector. However, online gambling operators are increasingly incorporating the power of big data technology to provide a better service for their players. This information is used to improve services and increase the likelihood of successful journeys.

Big Data 277
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Advanced Data Analytics for the Smart Retailers

BizAcuity

Walmart along with IBM are experimenting with Blockchain, surveying pilot projects aimed towards the goal of 100% visibility of their supply chain. Retailers are now researching novel ways to build good customer service and experience which require minimal personal information.

Retail 147
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Leveraging AI and Workflow Automation in Manufacturing

Argon Digital

By integrating AI and automation into various processes, manufacturers can unlock a myriad of benefits, leading to increased efficiency, reduced costs, and enhanced overall productivity. Inventory Management : AI-powered demand forecasting can help manufacturers maintain optimal inventory levels, reducing storage costs and avoiding stockouts.

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How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

Product/Service innovation. Otherwise, it will result in poor data quality and as previously mentioned, cost over 3 trillion dollars for an entire nation. Plus, it is very cost effective compared to on-premise. They tell you how big data helped them create a mark in today’s world. Poor data quality. Slow query performance.

Big Data 130