Big Data: A pool of valuable knowledge Big Data: A pool of valuable knowledge | HBM

Valuable knowledge: Big Data, a Look into the Crystal Ball You Can Trust

Smart phones, computers, web sites, sensors and machines provide huge amounts of data, every day. Big data is synonymous with this data pool. Companies use this information for different purposes today. Marketing and Sales lead the way: They translate their knowledge into customized products. Big data is indispensable to production too. Here, for example, data help optimize processes. Moreover, information facilitates resource-saving production in line with market requirements.

Sensors, autonomous and networked systems, CRM, etc. provide huge amounts of data, day by day. This information translates into money. It enables the industry to increase turnover or the quality of products and services. Production becomes more flexible and efficient due to big data. For example, through predictive machine maintenance: Predictive maintenance ensures better availability of a system based on its status data. This reduces costs. Information about markets in turn facilitates optimized sales planning. Knowing the customers’ needs results in the development of products that actually meet their expectations.

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Industrial Internet of Things
HBM provides useful tools supporting Industrial Internet of Things and offers complete measurement solutions for your applications.
Glossary: Industrial Internet of Things
This glossary explains the key terms of Industrial Internet of Things and related topics.
The Industrial Internet of Things
A printer autonomously orders a new cartridge before the old one is empty. A machine sends its operating status to the manufacturer to enable impending failure to be avoided. This is made possible due to the Internet of Things (IoT). But how does it work?
Horizontal and Vertical Corporate Networking
Networking of corporate business units and departments (vertical integration) and between companies (horizontal integration) plays an essential role in the IIoT. It results in new value-added networks that offer enhanced cooperation, coordination, and transparency.
The Value Chain
Production is changing due to ever shorter product life cycles, increased competition, smaller batches and more complex production processes. The result is a world with smart value chains that organize and optimize themselves – within and between companies.
Cyber-Physical Systems
Cyber-physical systems (CPS) are the fabric that holds together the IIoT. They are the indispensable technological link for the merging of real and virtual worlds...
Smart Factory
The ''Smart Factory'' features a production which organizes and optimizes itself.
Predictive Maintenance
Predictive Maintenance Avoids Expensive Downtime. To achieve this, systems continuously analyze their status themselves and impending problems are reported in a timely manner.
Demand-driven Production
Demand-driven production allows for flexible and cost-effective production in line with the customer’s wishes.
Machine to Machine (M2M)
The automated exchange of information between mobile devices via the Internet and mobile communications guarantees optimum processes and increases productivity.
Industrial Cloud
The Industrial Cloud is a virtual environment that enables companies to exchange sensitive data securely.
Traceability
Every production step is documented to allow for full traceability of the entire product life. This enables problems to be quickly resolved, or even comple
Cyber Security
Networking opens up completely new possibilities for hackers. Cyber security strategies for data security in the virtual space address this challenge.