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How Big Data Analytics in Manufacturing Strengthens the Industry? – PowerPoint PPT presentation

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Updated: 27 July 2021
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Title: Mary_Data


1
How Big Data Analytics in Manufacturing
Strengthens the Industry?
Manufacturing remains a critical component of the
worlds economic engine, but the role it plays
in advanced and developing economies has
transferred dramatically. According to a report
by Research and Markets, the manufacturing
industry market value was 904.65 million in
2019 and is expected to reach 4.55 billion in
2025. With big data analytics in manufacturing,
manufacturers can uncover the latest information
and recognize patterns that allow them to
enhance processes, boost supply chain efficiency
and determine variables that impact
production. Top leaders in manufacturing
companies understand the significance of the
process. A KRC research study found that 67 of
manufacturing executives thought to invest in
data analytics, even in the aspect of pressure,
to reduce costs in this unpredictable market. To
comprehend big data analytics in manufacturing
and its consequences, let us dive into how its
intervention improves and modernizes the
operations. Acquiring Asset Performance and
Productivity Increase Since manufacturing profits
depend wearily on maximizing the value of assets,
performance increases can impact huge
productivity enhancements even if it is only
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enhanced on the margins. Similarly, a decrease in
asset breakdowns can reduce inefficiencies and
prevent losses. For these purposes, manufacturers
concentrate on maintenance and constantly
optimize asset performance. This data
potentially is of great value to manufacturers,
but many are surprised by the sheer volume of
incoming data. Data analytics can help them
captivate, clean, and interpret machine data to
reveal insights that can help them improve
performance. In addition to allowing historical
data analysis, Big Data can propel predictive
analytics, which manufacturers can use to drive
predictive maintenance. This enables
manufacturers to prevent expensive asset
breakdowns and dodge unexpected downtime. Client
Success Story How Predictive Quality Analytics
in Manufacturing Reduce Costs, Recalls, and
Defects? Download Now Creating Feasible
Product Customization Traditionally,
manufacturing focuses on production at range and
allows product customization to enterprises
serving the niche market. In the past, it did not
make sense to customize because of the time and
effort engaged to request a smaller group of
customers. Big Data analytics is evolving by
making it possible to assume the demand for
customized products precisely. By identifying
the changes in customer behavior, Big Data
Analytics can allow manufacturers to produce
customized products almost as effectively as
goods offered at a greater scale. Innovative
capabilities include tools that enable product
engineers to collect, analyze and visualize
customer feedback in near-real-time. By
providing manufacturers with the tools, they want
to deep dive into processes, Big Data Analytics
enables them to distinguish points within the
production process where they can successfully
include custom processes using in-house
capabilities or delay production to facilitate
partners to perform customization before
completing the manufacturing process. Increasing
Supply Chains Production Processes In this
evolving global and interconnected environment,
manufacturing processes and supply chains are
deep and complicated. Efforts to modernize the
processes and optimize
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  • supply chains must be maintained by the ability
    to analyze every process component and supply
    chain in coarse detail. Big Data Analytics
    provides manufacturers this capability.
  • With the right analytics, manufacturers can zero
    in on every section of the production process
    and monitor supply chains in exact detail,
    considering every individual activity and task.
    This capability to narrow the focus enables
    manufacturers to identify bottlenecks and reveal
    underperforming components and processes. Big
    Data Analytics also unveils dependencies,
    empowering manufacturers to strengthen production
    processes and generate alternative plans to
    discuss potential pitfalls.
  • Top Manufacturing Big Data Analytics Tools
  • Check out some top-notch tools that manufacturers
    are successfully using today to optimize asset
    performance, enhance production processes and
    alleviate product customization. Here is a brief
    overview of quintessential Big Data Analytics
    tools
  • Apache Hadoop Apache Hadoop is a software
    framework utilized for collected file systems
    and managing big data. It processes datasets of
    big data using the MapReduce programming model.
    Hadoop is an open-source framework that is coded
    in Java and provides cross-platform support.
  • Cloudera CDH (Cloudera Distribution for Hadoop)
    points at enterprise-class deployments of that
    technology. It is completely open-source and has
    a free platform distribution that incorporates
    Apache Hadoop, Apache Spark, Apache Impala, and
    many more. It enables you to gather, process,
    manage, distribute, discover, model, and share
    unlimited data.
  • KNIME KNIME stands for Konstanz Information
    Miner which is an open-source tool utilized for
    Enterprise reporting, integration, analysis, CRM,
    data analytics, and business intelligence. It
    supports Linux, OS X, and Windows operating
    systems.
  • Xplenty Xplenty is a platform to combine,
    process, and provide data for analytics on the
    cloud. It fetches all your data sources together.
    Its inherent graphic interface will help you
    with executing ETL, ELT solutions. Xplenty is a
    comprehensive toolkit for building data
    pipelines with low-code and no-code capabilities.
  • Datawrapper Datawrapper is an open-source
    platform for data visualization that supports
    its users to create easy, precise, and integrated
    charts immediately.
  • Tableau Tableau is a software solution for
    business intelligence and analytics which offers
    a wide array of integrated products in
    visualizing and interpreting their data.

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  • Tableau is proficient in managing all data sizes
    and is simple for technical and non- technical
    customer base and provides real-time customized
    dashboards.
  • Talend
  • Open studio for Big data It appears with a free
    and open-source license. Its components and
    connectors are Hadoop and NoSQL.
  • Big data platform It has a user-based
    subscription license. Its components and
    connectors are MapReduce and Spark.
  • Real-time Big data platform It has a user-based
    subscription license. Its components and
    connectors include Spark streaming, Machine
    learning, and IoT.
  • RapidMiner Rapidminer is a cross-platform tool
    that allows an integrated environment for data
    science, predictive analytics, and machine
    learning. It comes under various licenses that
    offer small, medium, and large established
    editions as well as a free edition that provides
    for 1 logical processor and up to 10,000 data
    rows.
  • Conclusion on Big Data
  • With the proper data integration and management
    platform, manufacturers can finally leverage the
    datas strategic value, enhance operations, gain
    profits and strengthen relationships with
    customers, suppliers and partners. Establishing
    Big Data to work has never been more critical,
    and the time to make the data integration and
    management tools to unlock datas value is now
    present.
  • Want to know how big data analytics in
    manufacturing helps organization to gain profits
    and strengthen relationships with customers?
    Lets connect and discuss.
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