Cutting-edge data analytics: why newer technologies alone cannot power the factory of the future

Data has been captured in various forms and has been an essential part of processes for centuries – from simple tallying markers and notes to complex spreadsheets and cloud storage. Today, the amount and volume of complex data, or big data, that is created and stored is staggering, with an estimated 2.5 billion gigabytes generated daily. In manufacturing, there is a rapidly growing amount of data that is created and distributed with smarter and interconnected technologies like artificial intelligence (AI), machine learning (ML) and Internet of Things (IoT) devices now integrated into operational systems. However, without a proficient grasp of big data utilisation and analysis, the data will be reduced […]