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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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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. Wearable technology is also providing health professionals with vital information about their patients such as whether they are taking medication or not and following disease management plans.

Big Data 277
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Advanced Data Analytics for the Smart Retailers

BizAcuity

Optimizing inventory planning and distribution is getting trickier by the day under current market conditions. Walmart along with IBM are experimenting with Blockchain, surveying pilot projects aimed towards the goal of 100% visibility of their supply chain. It does not end with a good WMS or ERPS platform in place.

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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Top Legacy Modernization Tools for 2024

Astera

This approach works well for businesses that need to extend the life of their applications while planning for more comprehensive modernization in the future. 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.

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How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

Be it supply chain resilience, staff management, trend identification, budget planning, risk and fraud management, big data increases efficiency by making data-driven predictions and forecasts. Otherwise, it will result in poor data quality and as previously mentioned, cost over 3 trillion dollars for an entire nation.

Big Data 130
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5 Best Practices for Big Data Integration 

Astera

quintillion bytes, according to IBM. From driving targeted marketing campaigns and optimizing production line logistics to helping healthcare professionals predict disease patterns, big data is powering the digital age. This approach also enables organizations to integrate data without incurring significant infrastructure costs.