Real Time Data Changing Manufacturing
There are three ways in which real time big data analytics is changing manufacturing, according to Bill Kenworthy, who is the Director of Business Development for Direct Energy.
Kenworthy wrote at Manufacturing Business Technology that one of the changes is using real time big data analytics to create a road map to smarter energy management. It is an ongoing process: Kenworthy cites a McKinsey study that says that only one-sixth of the potential efficiencies have been realized.
Real time data analytics also can be used to improve equipment performance by continuous monitoring their operations. Finally, these new platforms can help planning and other business processes by facilitating better use of staff and revamping processes and procedures. The latter two steps will indirectly help companies achieve energy efficiency goals.
Big data also is a potent tool for building management, according to Shelley Poticha, the Director of the Natural Resources Defense Council’s Urban Solutions Program.
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