Let’s look at specific applications of how Big Data helps tourism, agriculture and livestock or smart cities. Big Data at the service of tourism Tourism is one of the sectors in which Big Data, together with Artificial Intelligence, can help to study in greater depth and in a differential ...
Big data applications have introduced cutting-edge possibilities in every aspect of our daily life. We are living in a world of tremendous competition. And holding a place for ourselves is the main challenge. If we take a break just even for a short period, we will lag behind others. To ...
Since financial institutions have existed for decades, most of them have legacy systems. Digital transformation and financial data science applications bring the possibility of fully harnessing the power of data. Real-time analytics may help recommend a better product or service to the customer based ...
A digital transformation is an overhauled, digital-first approach to how a business is run. The digital world is evolving quickly with new products and digital technologies that require vigorous digital transformation initiatives. The main goal of a digital transformation is to use new digital technol...
examples within manufacturing, supply chain, construction and other industries as companies embrace IoT and cloud technologies and seek to optimize the effectiveness of their deployments. In fact, other industries such as oil and gas and retail have created innovative digital twin applications as well....
AB1100 Patient self-management apps as one module of an integrated tight-control concept based on the examples of the digital applications rheumalive und axspaliveSystemic lupus erythematosus (SLE) is a chronic autoinflammatory disease of unknown etiology with predominance of the female sex. Clinical ...
2. NIKE’s Digital Transformation through SNKRS App NIKE, a leading brand in sports footwear, is now focusing on mobile devices. Using machine learning and recommendation algorithms, it uses advanced technologies. One of the company’s mobile applications helps choose the best shoe based on a leg...
Compiling data from a number of connected devices, like smart meters and acoustic loggers installed on pipes to “listen” for leaks, the water company is creating a digital dupe of the water network. The digital twin is one of several digital applications that feeds into the company’s syste...
Therefore, some of the basic applications of digital twins in retail store design and layout optimization represent their primary use. A virtual model of a store can be used to test various layouts and product displays for a store in order to observe how these might influence the flow of ...
Disadvantages of Digital Money The disadvantages of digital money are as follows: It is susceptible to hacking. Even as it removes the need for physical safekeeping, its origins in technology ensure that this form of money becomes a target for hackers, who can access digital applications. A seam...