Posts tagged ‘SCM’

See You at Strata West—Don’t Miss Our Panel on Big Data and Supply Chain Management!

By Mary Ludloff

While Terence and I and the rest of the PatternBuilders team (and they are all a wee bit tired) have been busy working on the launch of our new financial services application, FinancePBI, I had to take a break to talk about our upcoming Strata Conference panel. No, the panel is not about privacy and big data (good guess though and a golden opportunity for me to plug happily away). Instead, we decided to take a look at big data and supply chain management.

Did you know that manufacturers store more data than any other sector? That would be almost 2 exabytes in 2010. And that the data comes from all kinds of systems? Including process control, CAD, CAE, supply chain management, and all the way through the global supply chain to systems that monitor and capture data about the performance of products that have already been sold. Did you know that a Boeing 737 generates 240 terabytes of data on ONE cross-country flight? And all of this data is expected to grow exponentially. Take RFID for example: McKinsey predicts that the number of RFID tags will increase from 12 million in 2011 to 209 billion in 2021. (All stats courtesy of my dear friends at McKinsey in their report, “Big data: The next frontier for innovation, competition, and productivity” but there are also two great videos on this topic at The Tribulations of an Analytical Mind.) Yes folks, welcome to the big data world of SCM! (more…)

February 22, 2012 at 1:24 pm 1 comment


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