Well-optimized big data systems have been proven to help achieve new product development, smarter decision-making, and both time and cost reductions. Intel, one of the world’s largest manufacturers of processors, estimated a savings of $30 million by streamlining its quality-assurance processes as a result of big data analytics.
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Almost 20 years after the phrase “big data” was coined, manufacturers have come to realize that the secret to getting the most out of big data isn’t quantity but quality. By ensuring that the data collected and the analytics performed align closely with the company’s objectives, businesses can improve their operations and remain competitive.
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