Data Driven Era

Nowadays the amount of data generated in the industrial field goes beyond anything expected or seen before but roughly only a small fraction is utilized, the rest can be considered as “wasted data”. New technological breakthroughs in connectivity, higher processing power, storage capability and cloud computing platforms enable “new smart comprehensive data”, this is the key disruption that it is taking place, shifting from a legacy “wasted data” model to an innovative “smart data” model.