Remove 2021 Remove Big Data Remove Competition Remove Learning
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Recognizing the Building Blocks of Innovation

Paul Hobcraft

I think of the Gartner Hype Cycle here as we have gone through each of the stages of recognition of the application and the learning from this; we have the innovation triggers first, then a peak or inflated expectations, followed by troughs of disillusionment and finally by the slope of enlightenment, to give a new plateau of productivity.

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Digital Transformation Use Cases in the Oil and Gas Industry

Acuvate

For the O&G industry, too, the potential benefits of going digital were plenty — cost savings, safer operations, increased productivity, and improved resiliency to weather the unpredictability and remain competitive amidst rising demand for alternative, environmentally-friendly energy sources.

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4 Emerging Technologies Impacting Today’s Digital Transformation

Acuvate

In fact, the International Data Corporation anticipates the total amount spent on digitalization globally will surpass $2.1 trillion by 2021. Learn More: Enterprise AI: The Adoption Strategy & Practical Solutions. #3 4 Big Data. Today’s society generates massive amounts of data.

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Applications and innovations in the Internet of Things (IoT)

hackerearth

The Nest Learning Thermostat , a smart thermostat, created by Nest Labs, allows users to remotely control and monitor the temperature of their homes. The device also learns the preferences of its user and adjusts itself accordingly. Uber and Alphabet’s Waymo are in competition to develop their own fleet of self-driving cars.

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Top 5 Digital transformation use cases for the BFSI industry

Acuvate

Moreover, technologies, such as AI and machine learning, cloud computing, and DevOps have come to the forefront in automating fraud detection and anti-money laundering and delivering more optimized and hyper-personalized experiences to customers. Digital and mobile banking building smarter customer service operations.