Data-based decisions

Data management and administration have emerged as one of the most valuable resources for businesses today. The ability to gain competitive advantages in the market largely depends on how these data are managed and transformed into useful information. Without a doubt, data has become the cornerstone of the modern economy.

If there’s one type of technology applied in the business world whose effectiveness is unquestionable, it’s Big Data, which has significantly revolutionized the way that companies approach markets by establishing the practical use of information and its efficient analysis as a base.

The tendency in today’s world is to manage in an increasingly intelligent way and, unsurprisingly, this affects the industrial environment, the plants and industrial facilities in which the real-time planning and optimization of productive processes is fundamental for a business’ competitiveness. In practice, this is made possible through the incorporation of Industrial Internet of Things (IIoT) systems that streamline business processes and significantly improve productivity. The "all connected" and "in time" production trend is now a reality, but this race towards innovation has its advantages and its disadvantages.