If you work in the field of sales commissions, you’re likely aware of ASC 606, the five-step revenue recognition model and timelines. The basic premise on which both ASC 606 and IFRS 15 have been formulated is that an organization can recognize revenue from a customer contract only when the
The manufacturing industry finds itself embroiled in major changes these days, and analytics, cloud-based technologies, the Internet of Things and volumes of data are fueling its metamorphosis. See how manufacturing companies are shifting resources toward value-add processes such as
Green practices in the construction industry are producing smart buildings that offer tremendous levels of energy efficiency. Take a look at three building projects that apply Internet of Things technology to help significantly reduce energy consumption in smart buildings that showcase going green
For the transportation industry, predicting operational failures before they occur cuts down on the high costs that come with lost productivity and limited performance. Consider the ways technology is making businesses better able to take a proactive role before breakdowns disrupt critical
Data science helps people manage their assets, keep their vehicles in good working order and locate valuable natural resources. But can data do more to help humanity? Could data even change the world? Discover how you can join IBM in putting data to work for social good.
Outokumpu, a global leader in the production of high-performance stainless steel, recently discovered something interesting when it started treating machines as individuals. From reactive to proactive maintenance planning, Outokumpu’s philosophical shift underpins its new process with a focus on
Data engineers have much to learn from water management professionals, who have mastered the art of keeping filtered water on tap—ready at a moment’s notice. As information volumes begin to deluge data repositories and outpace traditional approaches, data professionals must use every tool at their
Change is coming for the transportation and logistics services industry. New regulations, driver expectations and the demands of a connected world are driving OEMs and electronics manufacturers forward.
The palette of materials we can use in 3D printing is expanding. And as the broadening range of applications for 3D printing moves us toward previously unseen horizons, what materials will become part of our creations? Discover how new substances are even now surpassing traditionally used materials
Some economists and philosophers tell us that we are already in the midst of a fourth industrial revolution. But what does that mean for companies operating in a time of change and upheaval? Join us for a look at how operations executives are prioritizing technological change.
As we gather signals from the farthest corners of the universe, this task is creating terabytes of data each day. And what we learn from analyzing these signals and patterns could apply to more than just outer space; various industries may find important uses for this knowledge.
Technology and data have been essential drivers of mining for millennia. But what happens when the next frontier is a largely unknown one? With as much as $100 trillion in mineral assets to be found in near-Earth space, the stakes have never been higher.
Data reservoirs are useful tools that can help organizations create new products and services, increase customer service and efficiency, and reduce waste and fraud. But what is a data reservoir and how do you create it?