We have all read and heard the stories in the media, including mainstream business publications such as The Wall Street Journal and The New York Times, about how "big data" is transforming business, saving money for companies, and finding them new revenue opportunities, all through insights gleaned from data. So we have all heard the term big data, but what does it actually mean? No longer just the realm of Google, Facebook, and Amazon, big data is the new norm for enterprise analytics and is pervasive across many industries: drug discoveries enabled by genomic research, real-time consumer sentiment, and social interaction for retail represent a small sample of business innovation derived from big data technologies and analytics. Whether it is fine-tuning supply chains, monitoring shop floor operations, gauging consumer sentiment, or any number of other large-scale analytic challenges, big data promises to make a tremendous impact on the manufacturing enterprise.
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