Big Data is more than market hype, and will have the ability to reshape entire markets and shift competitive landscapes, according to recent research from General Electric and Accenture.
"Executives across the industrial and healthcare sectors see the enormous potential of the Industrial Internet—the combination of Big Data analytics with the Internet of Things," according to the research findings. "The Industrial Internet enables companies to use sensors, software, machine-to-machine learning and other technologies to gather and analyze data from physical objects or other large data streams—and then use those analyses to manage operations and in some cases to offer new, valued-added services."
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