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Big Data, Analytics, and Industry 4.0

Enterra Insights

Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. 1] The fourth revolution is being driven by data. ” IndustryWeek, 13 January 2020. [5] The post Big Data, Analytics, and Industry 4.0 6] Mahendraprabu Sundarraj, “ Industry 4.0:

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Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

One solution is to turn to big shipping data. Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. That’s why it’s critical to have an audit partner who can ingest data across all systems.

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Big Data Analytics are Table Stakes for Digital Age Businesses

Enterra Insights

Big Data is still a useful statistician’s tool, and can be examined to gain intuition that leads to new hypotheses — but those hypotheses then need to be investigated with statistical rigor.”[3] ” Big data analytics use cases. The question is, analyzed for what purpose? Customizing offers.

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How Do Supply Chain & Transportation Leaders Get Started Using Their Big Data Strategy?

GlobalTranz

The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

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The Courage to Jump

Supply Chain Shaman

The term is a spin-off of the “Big Data” work from the open source innovation of the last decade. Ironically, supply chains are big data problems where the buyers have little understanding of the new technology approaches. I first encountered the term “digital transformation” in 2011.

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The role of big data in the retail supply chain

Manufacturing & Logistics IT

By Mikko Kärkkäinen, Group CEO, RELEX Solutions. Big data isn't only about the amount of information involved; it's also about the ability to process and analyse it from multiple angles.

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Only Enough Data to Cause Paralysis: A Timeless Message About Big Data

Demand Solutions

Yet, not only does Guy Kawasaki’s 1988 book "The MacIntosh Way" possess a timeless charm, it also contains at least one nugget that cuts to the core of one of our current burning issues: what to make of Big Data. Says Kawasaki: "There is only enough data to cause paralysis -- never enough to make a perfect decision.".

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