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10 Ways Big Data is Revolutionizing Manufacturing

What’s the big deal?

There’s nothing new about business data. It’s been around for ages. But previously, it’s been trapped in binders, spreadsheets, and filing cabinets – an untapped resource, wasting away. Powerful databases were costly and cumbersome, limited to the corporate giants.

But now, even small companies can unlock their data secrets. Tech costs are falling and new tools provide better, faster ways to process your information.

Manufacturers can take advantage of advances in data acquisition, transmission, and analysis to improve their operations.

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Key Takeaways

  • Specific examples of how manufacturing companies are using the power and capabilities of big data to their advantage in areas like:
    • Better forecasting
    • Increased production
    • Reducing supply chain risk
    • Predictive maintenance
  • A strategy for how to start tapping into your existing data to create systems and metrics that actually matter in driving your business forward.