Centralized Data Management
During the past decade, the amounts of data captured during manufacturing have grown exponentially in most companies. Still, many organizations fail to manage and use this data in cost-effective and efficient way, and thereby miss out on opportunities for cost-saving and competitive advantage.
Today, there is a financial benefit to companies to deliver credible and consistent data to the right users across the organization. By storing important data centrally, the data is reliable, protected and instantly available to key stakeholders. Rather than using significant and costly man-power on manually fetching, aggregating, and contextualizing data, a centralized solution can provide instant access to the right data.
Centralized data management thus protects data, increases speed, convenience and efficiency as well as allows for quick and easy access from almost anywhere in the world.
Cost is another all-important advantage of centralized data. While is possible to store and backup data on multiple machines, it is often more cumbersome and requires time-consuming maintenance leading to higher operating costs. Furthermore, there are considerable cost benefits to be gained from the automated aggregation and contextualization of data from the various data sources throughout the organization.
These advantages provide one conclusion - there are significant business benefits in storing and managing data with a centralized data management solution.