LATEST INTELLIGENCE of the manufacturing backbone of the companies , managing enormous amounts of important and historical data . Although these systems have some data-reporting capabilities , it is not enough to present a clear picture of the complete manufacturing process and all its interconnections . These systems often lack the capability to run analytics and artificial intelligence ( AI ) algorithms over several data sources that could enable companies to uncover insights into their complete process . If companies continue to analyze these data sources in a fragmented way , they won ’ t find the answers that would be available with a more holistic view .
The importance of context
Is combining different pieces what will help consumer products companies to uncover the full potential of their data so they can gain otherwise unavailable insights ? In complex manufacturing and production environments , problem resolution and data trends typically happen by the combination of events across several processes and domains . The value of the Internet of Things ( IoT ) can be combined with big data analytics , industrial edge , low-code application development and access to data stored in product lifecycle management ( PLM ), manufacturing execution system ( MES ), ERP and other enterprise systems . p
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