Big Data to Boost Industrial Internet Strategy

Big Data to Boost Industrial Internet Strategy

Posted by Mogean | June 8, 2016 | Analytics, Big Data, Innovation
Group of professionals looking at a window

Big data will change the way organizations advance their Industrial Internet Strategy, suggests the GE Industrial Internet Insights Report for 2015.

Of the 250 executives surveyed, fewer than one-third are leveraging big data for predictive analytics or to inform business decisions.

Though a majority of executives surveyed believe that big data will change the competitive landscape within their industry, there are challenges. Many companies cite a lack of workplace talent—specifically, data scientists who can adequately analyze the data.

“As one of the executives we spoke to commented, ‘It’s great to have the data but then you need the people to analyze it and generate insights,’” said Matt Reilly, board member at Mogean, Inc. “Better hiring is one obvious path to filling in talent gaps, but predictions point to a dramatic shortage of data scientists in the future.”

Read the full Q&A on Industrial Internet Insights here from Matt Reilly.


Image Source:

Related Blogs

Posted by mogean | 04 December 2017
...and we’re back, but now with full bellies, a spark of holiday spirit and the gratitude for friends, family and the fact that we work in a pretty kick-ass market,…
139 LikesComments Off on Be Your Own Amazon: Part 2
Posted by mogean | 16 November 2017
I think we can all agree that no one needs another discussion about how dominating Amazon is, or how the company is drastically impacting the retail space - we’re past…
140 LikesComments Off on Be Your Own Amazon: Part 1
Posted by mogean | 25 September 2017
I almost hate to admit it, but the words “one second, I’ll ask Siri” spill out of my mouth far too often. Whether it’s become a daily mantra, or maybe…
141 LikesComments Off on Navigating Voice-Commanded Marketing Strategies