The Global Big Data Analytics in Manufacturing Industry was valued at USD 904.65 million in 2019 and is expected to reach USD 4.55 billion by 2025, at a CAGR of 30.9% over the forecast period, 2020-2025. The COVID-19 pandemic may accelerate the adoption of Big Data Analytics according to manufacturing journalist Thomas R. Cutler
According to Cutler, “COVID-19 will only increase the high rate of adoption of sensors and connected devices and the enabling of M2M communication; there has been a massive increase in the data points that are generated in the manufacturing industry. These data points could be of various types, ranging from a metric detailing the time taken for a material to pass through one process cycle or a more complex one, such as the calculation of the material stress capability in the automotive industry.”
Manufacturing is one of the most targeted industries by cyber attackers due to the presence of vital data related to company and government. According to EEF (formerly the Engineering Employers' Federation), over 45% of the manufacturers have been subjected to a cybersecurity incident.
With the increasing integration of technological advancements in the manufacturing industry, the security concerns are also ascending at a significant pace. C-level manufacturing executives working from home during the pandemic are consider these issues with far great frequency according to Cutler.
About TR Cutler, Inc.
Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 21-year anniversary of the Manufacturing Media Consortium.
During COVID-19 Cutler is advising manufacturers, industrial leaders, supply chain professionals, and C-level executives how to best navigate Q2 2020, to have an amazing pipeline of sales and sales content for Q3 2020 and beyond.
Cutler has authored more than 7,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals. Cutler is the most published freelance industrial journalist worldwide, and more than 4200 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.
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Company Name: TR Cutler Inc.
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Website: http://www.trcutlerinc.com