What is advanced analytics?
Advanced analytics in manufacturing encompasses various cutting-edge tools and methods that extract valuable insights from big data. It includes predictive analytics, manufacturing analytics, and more, benefiting companies across industries.
Leveraging automation and artificial intelligence, advanced analytics utilizes techniques like machine learning, data modeling, neural networks, data visualization, and forecasting. By integrating data from multiple sources, it generates predictions and valuable insights on evolving business conditions, market demands, and plant operations.