Analytics Becomes Big Data & Goes Mainstream
Analytics and prognostics in plants used to be the terrain of large, leading-edge companies. The ability to crunch plant data to predict failures, optimize throughput, and determine best-practices was the domain of huge concerns such as Procter and Gamble, a company that can save a fortune by making a plant half a percent more efficient.
That’s changed as analytics and prognostics -- now called by the trendy term Big Data -- has gone mainstream. GE Intelligent Platform spells out a number of benefits that come from using big data to analyze and optimize plant operations. Analytics can coordinate operations with reliable, timely, and contextualized information. You can reduce operating costs with real-time monitoring and data analysis. You can improve enterprise connectivity with anywhere, anytime information, and you can enhance decision-making for improved performance with integrated history, alarming, and trending.