Understanding data is increasingly important for manufacturers with the advent of big data. Data has been described as the 'new oil' for businesses, so what is the best way to make the most of your data?
FICO have recognised that Industry 4.0 is the current phase in the digitalisation of the manufacturing sector. Key disruptors have been the rise in data volumes (big data), computational power and connectivity (IoT, sensors) and the application of advanced analytics (predictive / prescriptive), artificial intelligence and machine learning capabilities. These have facilitated an increase in…
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