Vast quantities of data are daily generated and offer new potentials when collected, aggregated and analyzed for e.g. better decision making. But along come plenty of questions about how companies should cope with these new and challenging technologies: How can value be created to your business through advanced data analytics? Which platform and tools should be chosen for your company? What will be the lead application that will drive data analytics technologies in particular segments?
In cooperation with experts from research and industry, KEX Knowledge Exchange will conduct the consortium project »Facing the Smart Future: Advanced Data Analytics« which focuses on smart products, production, services and business processes.
KEX Knowledge Exchange already conducted several successfull consortium projects with the participation of over 80 renowned international companies.
Registration is still possible until 15th of August, 2017.
Start: June 2017
End: 26th of April 2018
Digitalization, including the integration of networking capabilities into physical products and production lines, has entered various industries and application fields by now. Terms like »Internet of Things«, »Industrie 4.0«, »The Industrial Internet« or »Smart Data« are no longer just buzzwords but are applied by various companies. Vast quantities of data are generated daily and offer new potentials for better decision making or potentially disruptive digital business models. Various industries and markets have a high potential for smart products, production, services and business processes getting even 'smarter' through advanced data analytics.
In the consortium project we aim to get answers to these and many other questions:
Creating economic and technological transparency regarding actual developments and upcoming technology trends
Exploring and analyzing market and technology trends and possible game-changing digital business models and experience data analytics tools in practice
Promoting valuable exchange and networking between the most relevant international industry partners and experts
The consortium project...
Status-quo of market applications, relevant trends, technologies and tools
Detailed analysis on selected applications regarding technological opportunities and market potential
Comprehensive business cases on selected highlight applications regarding technological feasibility and market competitiveness
Experience and test of different data analytics tools on real data
Fraunhofer Institute for Production Technology IPT
Laboratory for Machine Tools and Production Engineering WZL of RWTH Aachen
Demonstration Factory of RWTH Aachen Campus
Institute for Industrial Management at RWTH Aachen