Four key terms needed in successful data strategy for Industry 4.0

What is the next step that manufacturing industry needs to take in terms of achieving the most optimal capacity at manufacturing processes? Michael Gerstlauer, author of the article, ‘Why you need a data strategy to succeed in industry 4.0’ in Forbes, thinks that to make successful business in Industry 4.0 in this era of enhanced sensor technology and the interconnectivity, you need to have a strong data strategy. Gerstlauer lists four key terms that needs to be considered when crating a data strategy: acquiring data, transferring data, storing data and getting insights from data. “For it is data that is at the heart of Industry 4.0. The more devices that talk, the more sensors that are fitted, the more data is generated,” he writes. Explore Gerstlauer’s list at: http://www.forbes.com/sites/teradata/2015/04/08/why-you-need-a-data-strategy-to-succeed-in-industry-4-0/

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