What is Industrial Machine Learning?

Data has become a corporate priority for many large enterprises. According to research firm Frost & Sullivan, more than half of Fortune 1000 firms report having big data initiatives in place across the enterprise. The true value of these initiatives is the ability to obtain rapid insights and implement relevant changes that drive benefit. However, as the volume of data grows (Frost & Sullivan projects global data traffic to cross 100 zettabytes annually by 2025), it becomes more difficult for businesses to extract meaningful insight. Despite making large investments in technology to store, analyze, report and visualize data, many enterprises have not seen a return on their investment. They spend too much time manually interpreting and reporting results and too much money hiring personnel that can’t completely meet the demand. Industrial…

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