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Dress for Success

The amount and size of data generated has been exploding for years. Despite unprecedented opportunities to use these mountains of data effectively for business purposes, many companies are still reluctant to optimize existing BI processes with a view to big data. However, in combination with the right database technology, restructuring existing BI solutions can bring great benefits.
Sebastian Klenk, Exasol
July 8, 2013
[shutterstock:95097235, nmedia]
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This text has been automatically translated from German to English.

Conveniently fill virtual shopping carts from home, publish photos from your last vacation in your digital diary or use your cell phone to check whether all the heating in your networked home has been switched off.

When the Internet was invented, nobody in the development group at the University of California in Los Angeles would have thought that it would become the most important communication and information channel in just a few decades.

Today, Internet users worldwide generate several million terabytes of data every day. Data. Historically, this means that since the invention of modern book printing in the Center of the 15th century, 90 percent of the Data of humanity in the past two years.

Much of this is due to the internet as a persistent data source. It is therefore less surprising that experts are placing the future competitiveness of companies in the hands of Big Data lay.

In addition to structured Data such as business or sales figures, unstructured data should also be Datasensor measurements, for example, as the basis for successful Business processes develop.

Theoretically, with the help of collected Data and detailed Analyses new business channels and a new way of Quality assurance. Manufacturing companies in particular - whether industrial goods or end customer-oriented companies - could benefit from their own data collections.

Read the full article in the July/August issue of E-3 magazine.

 

 

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Sebastian Klenk, Exasol

Sebastian Klenk is Managing Director at 5Analytics


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