The Top 3 Big Data Myths for the Manufacturing Industry
Big Data means different things for different companies. For manufacturing and supply chain companies, it's a relatively new area of focus. But it's growing rapidly. Put simply, Big Data is huge volumes of hard-to-process data. The data can be highly complex or unstructured, it can be accumulated at high speed via the web, or it requires heavy analysis. Indeed, the faster you want to analyze data, the "bigger" it becomes.
Companies are increasingly looking to harness Big Data for many reasons. Managing this challenge can improve supply chain efficiency, reduce costs, and move your company to a fully data-driven organization with the ability to make real-time decisions.