Data Management (Big Data/IoT/Blockchain)

The Internet of Things Opens New Supply Chain Opportunities

March 3, 2017

Analyst Insight: The Internet of Things (IoT) is the topic du jour. Some estimates predict that in 2020 there will be close to 50 billion connected devices. What will all these connections mean for supply chains? First and foremost, it will shine light on what was once dark in supply chains. However, the true excitement for IoT lies in the new business processes that could emerge from these newfound insights. – Guy F. Courtin, Vice President, Industry and Solutions, GT Nexus

Supply Chain Digitization Inches Toward the Mainstream, Research Shows

March 3, 2017

CIO

Business transformations that leverage digital technologies may sit atop most CIOs' priority lists, but the reality is that digitization is far from mainstream. Industries remain less than 40 percent digitized on average, according to research McKinsey & Co. released earlier this month.

FLEXcon Takes On Digital Revolution With Automation, Workforce Changes

March 2, 2017

Industryweek

FLEXcon was founded in 1956 when Myles McDonough saw an unmet need. "My father was an adhesive salesperson with a chemistry background, helping customers throughout New England learn how to run and where to use newly developed acrylic based adhesives," notes his son, Neil. "He noticed that his customers frequently turned down small orders. If the order was for less than 3,000 yards, then it was not worth setting up the adhesive coating machine. He believed, and subsequently proved, that there was a good business in small custom orders, if you organized yourself effectively and priced the order appropriately."

Healthcare Firms Plan to Increase Data Security Spending, Survey Says

February 28, 2017

CIO

After several high-profile breaches over the past couple of years, the healthcare industry plans to increase its spending on IT security more than other sectors.

IoT Startup Tracks Machine Operating Health With BLE System

February 28, 2017

RFID Journal

When a component in a chiller or compressor starts to fail, the machine may continue to operate, but the reduced efficiency will cost a user in power consumption. Managing the health of mechanical parts can be a difficult task for buildings and industries, despite being an important way to ensure that machines are operating effectively.

Ransomware Attacks on the Rise: How to Protect Your Company

February 24, 2017

CFO

Almost every day, it seems, there's news of another ransomware attack on a prominent organization. In fact, according to one study, almost 40 percent of all businesses experienced an attack from the summer of 2015 to the summer of 2016. To protect our companies against ransomware and its potentially disastrous technological and financial consequences, we have to understand what's needed to shield information technology systems from the initial infection and how to recover as quickly as possible.

Former Amazon Executive Shares Plan for Developing an IoT Strategy

February 24, 2017

CIO

The internet of things (IoT) may present the biggest opportunity to enterprises since the dawn of the internet age, and perhaps it will be bigger. Research firm Gartner predicts there will be nearly 20 billion devices on the IoT by 2020, and IoT product and service suppliers will generate more than $300bn in revenue.

DHL, Huawei Enter Supply Chain Automation Partnership

February 23, 2017

Air Cargo World

Deutsche Post DHL Group and Chinese technology conglomerate Huawei Technologies are collaborating on a range of supply chain services for customers using "industrial-grade internet-of-things hardware and infrastructure."

Advanced Analytics Drives Double-Digit Growth, Survey Says

February 22, 2017

Forbes

Nearly two-thirds of companies with well-established advanced analytics strategies report operating margins and revenues of 15 percent or more, according to a report developed by Forbes Insights, in collaboration with Ernst & Young.

Risk-Based Analytics Enable CFOs to Improve Efficiency, Survey Says

February 21, 2017

CFO

Finance chiefs are responsible for minimizing the risks that their organizations face in all facets of business - from supply chain operations and fixed-asset investment to payment processing and cybersecurity.