Tag: big data

Mobile technology will play a central role in digital factories of tomorrow

This will be combined with the use of robotics as well as big data in the future of this industry.

According to the results of recent research that has now been published, 36 percent of companies within the manufacturing industry expect mobile technology and apps to play an important role in improving their financial performance both today and into the future.

Moreover, 47 percent of those companies think that big data analytics will be a defining factor in their future.

Another 49 percent said that they felt that advanced analytics would be an important part of the reduction of the cost of operations and to be able to most efficiently use their assets. This was the result of the SCM World report that was entitled “The Digital Factory: Game-Changing Technologies That Will Transform Manufacturing Industry.” It was a collaborative effort between that organization and MESA International that provided data based on a survey that was conducted to better understand the impact of various types of manufacturing tech, including mobile technology, data, and analysis tools in terms of timeline and investment priority.

Online surveys were completed online in order to express opinions regarding mobile technology, big data, and more.

Mobile Technology - FutureParticipants were MESA International and SCM World corporate members. The respondents were excluded from the analysis when they were collected from the software and professional services sectors.

The participants were made up of 22 percent manufacturing and production, 21 percent IT technology, 14 percent operations and engineering, and 8 percent general management. Geographically, 40 percent of the respondents were from Europe, the Middle East, and Africa, 38 percent were from North and South America, and 22 percent were from Asia and Australia.

The three most disruptive forms of tech that manufacturers currently see in to the industry were mobile technology and applications (75 percent), big data analytics (68 percent), and advanced robotics (64 percent). SCM World specifically pointed out that mobile tech and apps were seeing notable and growing adoption across the plant floor. It pointed out that this trend was having a considerable impact on the measure, control, and supervision of manufacturing operations.

Security and privacy are big issues in the mobile commerce space

SAP suggests that security and privacy are two of the most significant problems in the mobile sector

Software firm SAP sees security and privacy as two major issues when it comes to using big data in the mobile sector. Big data is a term that is used to identify the large amounts of unstructured data that businesses accumulate. This data is comprised of information regarding consumers and is typically collected by retailers without the express consent of customers. Security and privacy have become very controversial issues in recent years, partly due to the fact that people are becoming more reliant on mobile technology in their daily lives.

Survey shows that big data continues to be a high value resource for retailers

According to a recent survey conducted by SAP, many mobile industry groups believe that big data and retail go hand in hand. The survey shows that some 36% of industry groups believe that real-time offers coming from retailers engaged in the mobile commerce space will drive up the value of big data. This data is often used to design more effective marketing strategies and connect with consumers more aggressively.

Personal information is often collected from consumers without express consent

Mobile Commerce and Mobile SecurityThe problem with big data, however, is that much of it is acquired without consent. Consumers often visit websites where they can shop online and in doing so they typically agree to have their information collected but are never made aware of such an agreement. This can quickly become a serious problem for retailers as consumers become more concerned over their own privacy and how their personal information is being used by businesses.

Mobile operators and banks may offer ideal mobile payments support

The survey from SAP does not focus entirely on security and privacy, of course. The survey shows that many mobile industry groups have high hopes for mobile commerce in the future. Many of these groups believe that mobile network operators are ideally positioned to provide effective mobile payments platforms for consumers. Banks are also considered to be well situated to address many of the security issues that exist within the realm of mobile commerce due to the numerous regulations they must comply with.