The global big data analytics in manufacturing market is anticipated to grow at a considerable CAGR of 14.0% during the forecast period. With the high rate of adoption of sensors and connected devices, there has been a massive increase in the data points generated in the manufacturing industry. With this surge in data availability, there is a higher demand for big data analytics in the manufacturing sector. In addition, big data propels predictive analytics, which manufacturers use to drive predictive maintenance. This enables manufacturers to prevent expensive asset breakdowns and dodge unexpected downtime. Hence, with the advent of numerous features, the demand for big data analytics is projected to grow in the forthcoming years.
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Moreover, the companies are collaborating and adopting partnership strategies to drive productivity, develop new customer experiences, and remain competitive in the marketplace. For instance, in June 2022, Renault Group and Atos launched ID@scale, a unique service to collect large-scale manufacturing data and accelerate Industry 4.0. with this collaboration, the company develops and commercializes a unique technology solution that collects and analyzes manufacturing data on a large scale. By deploying ID@S, manufacturers collect data from a wide range of manufacturing facilities includes, including diverse suppliers, generations, global locations, and firmware updates, in a standardized and effective way.
Furthermore, in March 2022, Intellegens partnered with Zizo, to provide Intellegens advanced. It is deep learning technologies that accelerate innovation across a wide range of sectors, from materials and chemicals to manufacturing and beyond. Intellegens enables businesses to extract value from real-world, sparse, noisy experimental and process data, where conventional machine learning methods often fail.
Global Big Data Analytics in Manufacturing Market Report Segment
By Offering
Service
Solution
By Deployment
Cloud
On-Premises
Hybrid
By Application
Predictive Quality
Anomaly Detection
Supply Chain Management
Production Forecasting
Others
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Big Data Analytics in Manufacturing Marke Report Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Accenture Plc
Alteryx Inc
Angoss Software Corp
Fair Isaac Corp
Informatica Inc
Microsoft Corp
Oracle Corp
Rockwell Automation, Inc.
Salesforce, Inc.
Sap SE
Sas Insititute Inc
Splunk Inc.
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