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From Sensing to Sensemaking Converging Big Data with Plant AI

Nachrichtenquelle: PR Newswire (engl.)
21.05.2019, 00:01  |  655   |   |   

Synaptic Business Automation enables operational excellence by connecting all systems in an organization and integrating business and domain knowledge using digital automation, finds Frost & Sullivan

SANTA CLARA, California, May 20, 2019 /PRNewswire/ -- As process industries across the world become more connected, networked, and integrated, there has been a consistent surge in the volume of data generated across the manufacturing value chain. The high-fidelity data that is generated by sensors and other wireless devices, however, currently yields inadequate insights for value creation. This makes a case for digitalizing plant operations in a way that meticulously leverages the plant's digitized sensor data.

Photo - https://mma.prnewswire.com/media/889989/Converging_Big_Data_with_Plant_Artificial_Intelligence.jpg  

Frost & Sullivan finds that less than 5% of a plant's generated data is used. The primary reasons for this gap are improper data management strategy, limited application expertise, missing data, and a sheer lack of resource availability. As customers realize the benefits of co-relating different types of data using combinational analytics, they can achieve new outcomes. This will encourage process industries to significantly increase their digital spending. Already, more than 50% of customers claim they will invest two times more in analytics over the next two to three years.

Frost & Sullivan's unique thought leadership paper, Yokogawa's Synaptic Business AutomationTM —Converging Intelligent Sensing with Plant AI, will assist you in unpacking the value levers of digital transformation, understanding the power of melding sensing with plant artificial intelligence (AI), and evaluating high-potential application areas.

To download the complimentary white paper, please visit: http://frost.ly/3gu

"The blurring of traditional automation boundaries is steering the development of innovative business models. Edge computing platforms are resulting in democratization of analytics and near-real-time interfaces with sensing systems," said Muthuraman "Ram" Ramasamy, Automation & IIoT Industry Director at Frost & Sullivan. "The industry understands the imperatives of digital, but the challenge resides in the 'how' of digital. This will require customers to partner with accomplished domain experts who can not only help structure a digital roadmap but also have strong AI application capabilities over plant data and comprehensive expertise over a manufacturing value chain."

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