Analysis

Data: the currency of the future

9th October 2015
Nat Bowers
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The dawn of the Internet of Industrial Things (IoIT), fuelled by the adoption of wireless technologies and intelligent devices to improve asset connectivity, has further attributed to a proportional increase in the inflow of data. In addition to traditional data management systems, large volumes of structured and unstructured data require a scalable framework to store, integrate and process big data. Furthermore, as end users look to derive actionable insights from their critical data, adoption of state-of-the-art analytical platforms is gaining precedence in the current market.

Rahul Vijayaraghavan, Senior Research Analyst, Industrial Automation and Process Control Practice, Frost & Sullivan, commented: “Post data capturing and sorting, end users are looking to extract value from their big data and optimise their core performance metrics. For example, the adoption of predictive and prescriptive analytics using machine learning techniques will allow customers to identify future asset and equipment breakdowns and further help streamline their maintenance related activities.”

Join the Frost & Sullivan online webinar to demystify the big data ecosystem and identify key opportunities for big data in the manufacturing domain. Scheduled to take place Wednesday, 14th October, 4:00-5:00 pm BST, the webinar will be hosted by Rahul Vijayaraghavan. It will explore:

  • The challenges and opportunities arising from the influx of big data;
  • The key building blocks of a holistic big-data solution;
  • Key applications for big data in the manufacturing domain; and
  • Future profitable streams for solution providers.

This briefing will interest all industrial suppliers, ICT companies, service providers, system integrators, and value-added resellers that have a stake in diverse manufacturing environments.

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