Big Data & Analytics
Key competitive advantage for your business
Independent studies predict that the global volume of digital data will reach 44 zettabytes in the year 2020. And it continues to skyrocket, with the volume of data stored globally doubling every two years.
Companies that use their data as a basis for making operational and strategic decisions as well as for developing new, innovative products and services have a clear competitive advantage. Continuous analysis and interpretation of business data yields valuable insights. In today’s fast-changing world these insights can make the difference between success and failure.
Interpreting the data: Manual rules vs. AI/Machine learning
Cognitive, self-learning systems that utilize machine learning methods are taking on an increasingly prominent role when it comes to managing the vast spectrum of data sources, manifold variables and colossal data volumes. This technology is based on artificial intelligence (AI).
Manual rules are also used to process big data. Unlike machine learning, manual rules offer only limited flexibility, but they can be effective in identifying very specific types of events, for example.
Visualization of data: Digital twin
A digital twin is a digital copy of a physical object and a prime example of how the Internet of Things (IoT), big data and virtual reality technologies can be combined. Using a digital twin, real-time data can be displayed visually using the object’s physical measurement points in addition to diagnoses and expected events.
We help you to extract the full potential and value from your data. Establish the foundation for operational and strategic decisions as well as new, innovative products and services for your business.
We are an international management and technology consulting firm. As partner for digital transformation, we possess extensive knowledge and experience in various industries and business sectors. We successfully digitize your business.