Data is only as valuable as its application. At Lexmark, our digital transformation journey is made possible by making data available across the organization

By Dan Seevers, Lexmark – Accelerated by the impact of the pandemic, digital transformation — including the adoption of disruptive technologies like cloud, the Internet of Things (IoT), advanced analytics and intelligent automation — is helping drive innovation and opening the door to more possibilities than ever before. As IoT infrastructure becomes widespread and scalable, more organizations have access to vast amounts of real-time data. According to the tech analyst firm IDC, the amount of data created over the next three years will be more than in the past 30 years combined.

However, data is only as valuable to an organization as its application.

A NewVantage Partners survey from 2021 found that even as investment levels grew to record levels, companies are “continuing to struggle to derive value from their Big Data and AI investments and to become data-driven organizations.” Even with more data than ever before, organizations will need help cutting through the noise of their data to identify the “golden nuggets” of insights that have the ability drive true organizational change.


Click Here to Read the Rest


SOURCE Lexmark

Data-Led Business Transformation: Applying Data Intelligence to Manufacturing