Organizations that survived the Great Recession of 2007-2009 have experienced a rocky recovery, and many are bracing for more of the same. According to Executive Perspectives on Top Risks for 2017
, the fifth annual risk survey conducted by Protiviti and North Carolina State University's ERM Initiative, manufacturing and distribution executives flagged potential macroeconomic risks as having the most significant impact on their businesses.
Organizations have long understood that Innovation during challenging times is paramount to remaining competitive, and today they recognize that big data analytics represents the cutting edge. In fact, many executives predict that the failure to implement big data strategy posed a risk to their financial performance. This article takes a deeper dive into what big data means to the manufacturing industry.