The phrase “data is the new oil” may be more than a decade ago old, but it’s only in more recent years that the ability to collect, combine and analyse vast amounts of data has been within arm’s reach of every business.
Too many businesses currently employ data predominantly in a reactive sense, only interrogating it once an issue had presented itself. Manufacturers have arguably been more sluggish than other industries in appreciating the vital role data plays in future-proofing organisations, offering substantial optimisation, competitive advantage and growth opportunities. There are still widespread…
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