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What Role Will Big-Data Play in Electronics?

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Bolaji Ojo
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Re: big data
Bolaji Ojo   1/24/2013 5:04:40 PM
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Inaccurate forecasting is a big problem in the electronics industry. Big Data analysis can help but often the issue is really bad data and not insufficient information.

Ariella
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Supply Network Guru
big data
Ariella   1/24/2013 1:50:25 PM
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@Barbara at best, big data can lead to more accurate predictions because more information is taken into account. But even an 85% rate of accuracy -- which is considered excellent -- is not a 100%. One can be right about everything, but with one key aspect missing, the whole puzzle is not complete, and the predictions will be off. But big data is likely going to play larger and larger roles in business decisions in future, as it becomes more common and more affordable to implement.

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