Big Data = Big Questions for the Engineering and Construction Industry
We’re producing more data than ever—roughly 2.5 quintillion bytes of data every day, or just enough to fill 10 million blue ray discs (you remember those, right?).1 With so much data being created and the use of data analytics starting to gain traction in engineering and construction (E&C), understanding what big data is and how your organization can leverage it to improve business processes is becoming an increasingly critical aspect of doing business.
Despite challenges associated with managing and implementing big data processes, companies that don’t embrace the new norm of data-driven operations could lose traction in the market and become obsolete in the near future.
In this white paper, we break down some of the most challenging aspects of big data usage, explain the opportunities that present themselves when big data and analytics are properly implemented, and show the long-term power of utilizing big data as a business tool.