The Big Data Dilemma
The “D” word has become one of the hottest trends in the manufacturing world. State-of-the-art sensors attached to assembly tools and production equipment are capable of collecting a constant stream of data.
The challenge for manufacturers is how to analyze that vast amount of data to gain a competitive advantage. Companies that figure out how to apply it can improve quality, increase productivity and yield, reduce costs and optimize supply chains.
Data-driven operations are critical to the future of manufacturing. However, many manufacturers are currently struggling to grasp the full value that data and analytics can unlock.
Ida Byrd-Hill is a futurist, economist and CEO of Automation Workz, a cybersecurity reskilling and diversity consulting firm. She is author of Invisible Talent Market, a Black Labor Economics History book. She holds an MBA from the Jack Welch Management Institute at Strayer University, with a specialization in People Management/Strategy and a BA Economics from the University of Michigan- Ann Arbor. Byrd-Hill has appeared in Associated Press, BBC, Crain’s Business Detroit, CW Street Beat, Cybercrime Magazine, Daytime NBC, Detroit News, Detroit Free Press, Essence Magazine, Good Morning America, Let It Rip, Michigan Chronicle, Model D, NPR, PBS, and X-conomy. www.autoworkz.org/diverse-lens
