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Understanding the 5Vs of Big Data

Acuvate

In order to understand at what point ‘data’ transitions into being ‘big data’, and what its key elements are, it is imperative that we study the 5 Vs associated with it: Velocity, Volume, Value, Variety, and Veracity. What is Big Data. Big data volume defines the ‘amount’ of data that is produced.

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Industry 4.0

eZassi

is the fourth industrial revolution, merging cutting-edge technologies with traditional manufacturing to create a smart and interconnected production ecosystem. It’s all about embracing automation, artificial intelligence, big data, and the Internet of Things to optimize productivity, efficiency, and innovation across the supply chain.

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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

But before that, let’s understand where the manufacturing world is with Smart Factory today and where this technological intervention is headed. Productivity, labour costs, and product quality have benefited from the fixed automation and basic control systems used in traditional factory automation.

Data 52
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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

But before that, let’s understand where the manufacturing world is with Smart Factory today and where this technological intervention is headed. Productivity, labour costs, and product quality have benefited from the fixed automation and basic control systems used in traditional factory automation.

Data 52
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Top 5 Myths About Data Analytics You Should Stop Believing

Acuvate

Data Analytics in Business. According to Stastia , the global big data market is forecasted to grow to 103 billion U.S. If you are an organization set out to embrace data analytics, here’s a list of the top 5 myths you need to be aware of. Myth 1: Only large companies with big data need data analytics.

Data 80
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Digital Twins: what it is, how it works, and the advantages of this technology

mjvinnovation

It is capable of creating virtual models of objects, processes, and large systems. What Digital Twins Technology is and How It Works. The situation changed in the 2010s, with the development of IoT, Artificial Intelligence, Big Data, and Cloud Computing. So, what is this technology? System twins.

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The What, Why and How of Trade Promotion Forecasting

Acuvate

An effective TPF solution offers the capability to forecast the sales uplift and ROI that can be generated due to a particular trade promotion. As per a Gartner Report , about 59% of the companies rely on basic spreadsheets for forecasting and analysis of trade promotions. Features to look for in a trade promotion forecasting system.