Machine learning algorithms, applications, and platforms are helping manufacturers find new business models, fine-tune product quality, and optimize manufacturing operations to the shop floor level. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.
Source: Forbes
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Machine learning can help in uncovering layers of imperfect Internet of Things (IoT) data. ML also facilitated to provide powerful insights which helps in maximizing efficient supply chain operation. Implementing IoT into a supply chain is a very challenging task to perform. But, if executed well can yield us with extremely powerful insights. The constant stream of data from hundreds or even thousands of sources must be accurately captured and analyzed. Further, the same word of caution commonly uttered by investment professionals, that past performance will not guarantee future results, is also applicable in supply chain operations.
Source: HOB8697
Gartner predicts that the number of IoT devices will surpass 11.2 billion this year, the majority of which are in the consumer sector. The same report forecasts that the endpoint spending will exceed $2 trillion, in hardware and software combined.
Source: iotevolutionworld9660
A blockchain is a decentralized and conveyed computerized record that is utilized to record exchanges crosswise over numerous nodes so the record can't be modified retroactively without the modification of every single ensuing square and the plot of the system. This makes blockchain an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.
Source: HOB6087
We are making a big bet on artificial intelligence. Technological revolutions have become a norm in this era of innovation hence, Artificial intelligence sounds like it belongs to the domain of science fiction, but companies have been using artificial intelligence in very practical ways.
Source: HOB6015
Data exhaust or exhaust data refers to the trail of data left by the activities of an Internet user during his/her online activity. An enormous amount of often raw data are created. These data (which can take the form of cookies, temporary files, logfiles etc.) can help to improve the online experience.
Source: HOB3429
Data exhaust or exhaust data refers to the trail of data left by the activities of an Internet user during his/her online activity. An enormous amount of often raw data are created. These data (which can take the form of cookies, temporary files, logfiles etc.) can help to improve the online experience.
Source: HOB5268
Supply chain (digital) is the leading method of organization for resources, people and transfers which are inventory. It is mainly used to increase the efficiency, the cost is reduced and greater income is provided which is mainly based on web technologies. Companies easily perform activities side by side by avoiding the risks which are associated with manufacturing.
Source: HOB7224
Data mining is the method of sorting through massive information sets to spot patterns and establish relationships to unravel issues through information analysis.
Source: HOB8679
For the technology and social changes, the supply chain leaders must invest for keeping up with it. In the upcoming years, there will be some workers who will be prepared for the task to support nonworkers population which is growing and the supply of labor will be shifted to the regions of the world which are undeveloped that have less educational and technical skills.
Source: HOB4416
The management of the supply chain and the logistics, artificial intelligence is leading up. It is demonstrated that relatively 65% of high-ranking transportation centered executives believe that the process of transportation, logistics, and supply chain are leading towards a great transformation.
Source: HOB5841
Many online websites are offering multiple courses which can help you in enhancing your knowledge in multiple fields. So here are some different channels through which you can have an overview of Blockchain.
Source: HOB4344
Payments network NPCI is now using the blockchain solution to strengthen the digital payments across the country. Blockchain or in other words the distributed ledger is a continuously growing list of encrypted transactions called blocks. A block carries mixed data like unique digital identifiers of physical products
Source: HOB6084
Gurugram-based health tech platform 1mg has raised $70 million in its latest round of funding led by IFC (the investment arm of the World Bank), and Corisol Holdings. The funding will be used to accelerate investments in its growth, supply chain, and healthcare AI.
Source: HOB3021
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