It's becoming clear that digital technologies like IoT, big data analytics, AI, advanced robotics and 3D printing are helping manufacturers to increase not only efficiency and productivity - but revenues, too.
Google wants to take on what may become one of the biggest cloud-computing needs of the next few years with a service that will manage IoT devices and help developers bring the data they generate into applications that use Google's analytics platforms.
Researchers from Hewlett-Packard Enterprise have unveiled what they claimed was a breakthrough in computing with a new machine capable of handling vast amounts of data at supercomputing speeds.
"Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway," wrote Geoffrey Moore, author of Crossing the Chasm. Certainly, many CFOs, and not just those with web-based businesses, would wholeheartedly agree: Data are the sensory information produced by a business that has its eyes and ears on operations and customers.
The "last mile" is a telecom term for delivering telephone, cable or internet services to the customer. With the most connections to make, it's the bottleneck of the system. It's also the most expensive and difficult to upgrade. These words also aptly describe retail's woes in delivering orders to the consumer.
Microsoft last week unveiled new tools intended to democratize artificial intelligence by enabling machine smarts to be built into software from smartphone games to factory floors.