Businesses are data driven, yet they only use only 10% of the data available for decision making…
Most data residing in an organization are trapped in silos or they come in different variety, volume and velocity so that the data goes missing or un-captured. Global manufacturers are moving from mass production to mass customization, as consumers are demanding more personalized products.
This means now manufacturers have to handle the challenges associated with high mix low volume production cycles for products with shorter product lifecycles. These imperatives makes agility, and real-time visibility of the factory a key requirement for businesses to be relevant and competitive in the market places. Now they cannot afford to wait till end of the day to figure out what went wrong during the production run.