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Five Must-Know Trends In Data And Analytics For Manufacturing

Five Must-Know Trends In Data And Analytics For Manufacturing

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Manufacturers are prioritizing real-time analytics, with 62% ranking it a top investment. While 43% plan to invest over $1 million in data initiatives, fewer than half actively use IoT or streaming data due to legacy system challenges. Top goals include cost reduction (73%), customer satisfaction (65%), and product quality (63%). Hybrid and multi-cloud adoption is growing, with 68% expanding cloud-managed data. Unified data management is critical to overcoming silos and maximizing Industry 4.0 potential.

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