IBM announced new business consulting services and software that, together, help C-Suite decision makers predict and prevent damaging supply chain disruptions.
Through IBM's predictive analytics software and business consulting services, the new solution harnesses big data from instrumented assets and identifies irregularities in the manufacturing process, spots product irregularities, and forecasts a range of asset performance risks before a problem ever arises.
Operating, maintaining, and managing assets throughout their lifecycle is a massive built-in expense, made even more critical by the frequency of unpredicted, catastrophic machine failures. Asset downtime, especially, if unplanned, is a multi-million dollar issue for organizations; and the related unscheduled maintenance costs can range from three to 10 times the cost of scheduled maintenance.
IBM is a leading global hybrid cloud and AI, and business
services provider, helping clients in more than 175 countries capitalize on
insights from their data, streamline business processes, reduce costs and gain
the competitive edge in their industries. Nearly 3,000 government and
corporate entities in critical infrastructure areas such as financial services,
telecommunications and healthcare rely on IBM's hybrid cloud platform and Red
Hat OpenShift to affect their digital transformations quickly, efficiently, and
securely. IBM's breakthrough innovations in AI, quantum computing,
industry-specific cloud solutions and business services deliver open and
flexible options to our clients. All of this is backed by IBM's legendary
commitment to trust, transparency, responsibility, inclusivity, and service.
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