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Unlocking value: Top digital transformation trends

IBM Big Data Hub

While digital transformation has been a trend for some years, emerging technologies have made this movement even more important. Companies are rethinking their business models to become more digital and competitive. Digital transformation is an important component of a modern organization’s business operations.

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MRO spare parts optimization

IBM Big Data Hub

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. regulations, undergoing digital transformation and the need for cost-cutting. What’s at stake? trillion, up from USD 864 billion in 2019 to 2020.

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The customer experience evolution: Today’s data-driven, real-time discipline

IBM Big Data Hub

They were much less likely to have any meaningful relationship with the product manufacturer unless those products were made and sold locally. For product manufacturers, this is perhaps the biggest leap forward for customer experience. As a result, brand loyalty was stronger and customer preferences changed less frequently.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms. In fact, in a 2022 survey , 73% of consumers said that traceability is important to them. And from that group, 71% would pay a premium for it.

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5 Steps CPGs Should Take When Considering Direct-To-Consumer (D2C)

Reltio

Learn from industries that have already had to digitally transform the customer experience. The majority is produced in bulk and delivered in tankers or bags of more than 16kg to bakeries or other food manufacturers. One key area of comfort, as noted by a GlobalData survey, is a retreat to brands that are ‘familiar.’

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AI in commerce: Essential use cases for B2B and B2C

IBM Big Data Hub

Only 14% of surveyed consumers described themselves as “satisfied” with their experience purchasing goods online. By using machine learning algorithms and big data analytics, AI can uncover patterns, correlations and trends that might escape human analysts.  The applications of AI in commerce are vast and varied.

B2C 66
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Public cloud vs. private cloud vs. hybrid cloud: What’s the difference?

IBM Big Data Hub

According to the most recent IBM Transformation Index: State of Cloud , more than 77% of respondents have adopted a hybrid cloud approach to help drive digital transformation. What do private cloud, public cloud and hybrid cloud have in common? These services can be deployed in public, private and hybrid cloud settings.

Cloud 102