Remove 2022 Remove Big data Remove Government Remove Retail
article thumbnail

Delivering on promise and purpose in the retail supply chain

IBM Big Data Hub

Today’s consumers want to know that retailers and brands are aligned with their values. So, while retailers can—and must—use technology as their differentiator, to win the lion’s share of consumer hearts, retail leaders must deliver on promises and purpose. Checking all these boxes is no small feat.

Retail 60
article thumbnail

How to responsibly scale business-ready generative AI

IBM Big Data Hub

Possibilities are growing that include assisting in writing articles, essays or emails; accessing summarized research; generating and brainstorming ideas; dynamic search with personalized recommendations for retail and travel; and explaining complicated topics for education and training. in 2022 and it is expected to be hit around USD 118.06

Retail 64
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain.

article thumbnail

Sustainability trends: 5 issues to watch in 2024

IBM Big Data Hub

Businesses, governments and individuals now see sustainability as a global imperative. As more companies set broad environmental, social and governance (ESG) goals, finding a way to track and accurately document progress is increasingly important. Research expects that transitioning to a circular economy could generate USD 4.5

article thumbnail

Five ways to reduce your public cloud spend with IBM Turbonomic

IBM Big Data Hub

A recent survey 1 found that cloud over-spending was higher in 2022 than in the previous year: 56% of companies surveyed admitted that spending on public cloud was significantly over budget, some by over 20% to 30% of their intended spend. One of the challenges for IT, though, is controlling cloud consumption costs while moving workloads.

Cloud 68
article thumbnail

Hyperscale vs. colocation: Go big or go rent?

IBM Big Data Hub

Nor does it mention the complicated and possibly expensive agreements that will need to be struck with local governments and communities. The list does, however, suggest how complex and multi-faceted this undertaking can be by showing that what’s being constructed is nothing less than a full-scale data factory.

Cloud 98
article thumbnail

The Economy of Things: the next value lever for telcos

IBM Big Data Hub

The number of connected things surpassed the number of connected humans for the first time in 2022. It is also valuable externally: to fuel companies, vehicle manufacturers, retailers and other brands wanting to engage in connected driving experiences for the fleet.

IoT 51