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importance of industrial data analystics for business success

02 Dec
2016

IoT Analytics and Digital Analytics Association release Industry 4.0 Report

Yesterday, the new Industry 4.0 Report “Industrial Analytics 2016/2017” has been released. The study conducted by the Digital Analytics Association e.V. Germany in collaboration with the research firm IoT Analytics shows that many companies still struggle with the implementation of Industrial Internet of Things services. Even though most of the companies do recognize the relevance of industrial analytics. While one of the most challenging aspects is the generation of insights, the biggest skill gap is currently data science. Read the complete report here: http://digital-analytics-association.de/index.php/projekte/industrial-analytics

Peter Sorowka, CTO of Cybus and part of the steering committee on this project, sees the results of this study as a crucial indicator for the growing importance of Industry 4.0 and furthermore as a confirmation for the necessity for products (and services) companies like Cybus are offering to help businesses and manufacturers to stay ahead in terms of competitive advantages through digitizing modern manufacturing.

Related to that, we at Cybus are working closely with customers and partners such as the Industrial Data Space e.V., to tailor technological solutions to the industrial requirements of data governance, security and connectivity.