Big data is everywhere and used in nearly every type of business. While many people might not be aware of its prevalence, its clear from the way companies are engaging in big data analytics that it is playing a big role in achieving new levels of success. New technologies used in todays businesses help us to become aware of big data and its value. Examples of this can be seen … [Read more...] about How Car Manufacturers are Using Big Data
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The Internet of Things, Big Data and Preventative Predictions
The leading car manufacturers are currently investing huge amounts of money integrating Big Data knowhow into their manufacturing processes. In the future, it will also undoubtedly have a direct impact on the driving experience and before long your car will drive itself. If your in-car computer tells you that your engine is 70% likely to fail, most people would want to do … [Read more...] about The Internet of Things, Big Data and Preventative Predictions
Preventing Car Crashes with Big Data Analytics
Imagine a world where the number of car crashes has been reduced to zero. Does it seem impossible? When considering in 2013Â more than 32,000 people died in traffic crashes, the goal does certainly seem unobtainable. Yet many scientists and engineers are busily working with new technology that may one day significantly reduce the number of car crashes, in consequence bringing … [Read more...] about Preventing Car Crashes with Big Data Analytics
How the Industrial Internet Will Create an Economy of Services
The consumer Internet connects 5 billion devices. The Industrial Internet, however, will connect 50 billion devices. That will have a dramatic effect on how we do business and how we should organize our factories and companies. The connected devices will range from energy plants to health care systems to transportation systems. These 50 billion devices will also drive a major … [Read more...] about How the Industrial Internet Will Create an Economy of Services
Three Use Cases of How General Motors Applies Big Data to Become Profitable Again
General Motors, one of Detroits big three carmakers, is a large multinational with over 200.000 employees and the company is present in 157 countries. They design, produce, market and distribute vehicles in 10 different brands, including Chevrolet, Cadillac and Opel. They rank number 7 in the Fortune 500 list. GM today traces its roots to mid-2009, after the former GM was split … [Read more...] about Three Use Cases of How General Motors Applies Big Data to Become Profitable Again
