{"id":1958,"date":"2018-09-13T11:24:24","date_gmt":"2018-09-13T16:24:24","guid":{"rendered":"http:\/\/dev-mhisolutionsmag.officialdirectory.com\/?p=1958"},"modified":"2018-12-19T12:47:16","modified_gmt":"2018-12-19T18:47:16","slug":"shedding-light-on-dark-data","status":"publish","type":"post","link":"https:\/\/www.mhisolutionsmag.com\/index.php\/2018\/09\/13\/shedding-light-on-dark-data\/","title":{"rendered":"Shedding Light on Dark Data"},"content":{"rendered":"<p><strong><a href=\"http:\/\/dev-mhisolutionsmag.officialdirectory.com\/wp-content\/uploads\/2018\/09\/Date-Data-400x250p.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-1909\" src=\"http:\/\/dev-mhisolutionsmag.officialdirectory.com\/wp-content\/uploads\/2018\/09\/Date-Data-400x250p-300x188.jpg\" alt=\"\" width=\"300\" height=\"188\" srcset=\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2018\/09\/Date-Data-400x250p-300x188.jpg 300w, https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2018\/09\/Date-Data-400x250p.jpg 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>With analysis of the obvious key performance indicators collected within big data now well understood to be a source of competitive advantage, companies are beginning to wonder what else might be hidden in their vast stockpiles of bits and bytes. Hence the dawning of awareness about \u201cdark data.\u201d<\/strong><\/p>\n<p><em>* By Carol Miller, MHI Vice President of Marketing and Communications * <\/em><\/p>\n<p>In MHI\u2019s first <em>Annual Industry Report<\/em>, released in 2014, the 450-plus survey respondents viewed big data analytics as their top strategic supply chain priority. Most planned to increase investments in this area with the objective of gaining a competitive advantage. The expectation being\u2014through deeper investigation of the enormous total volume of internal and external information collected by their systems every year\u2014increases in efficiency through predictive analytics.<\/p>\n<p>Fast forward to 2018\u2019s release of the fifth <em>MHI Annual Industry Report<\/em>\u2014and big data and predictive analytics are still close to the top (number two, after robotics and automation). And, while only 19% of the 1,100-plus surveyed industry leaders report current use of predictive analytics, over the next five years the adoption rate is expected to hit 82%.<\/p>\n<p>With analysis of the obvious key performance indicators collected within big data now well understood to be a source of competitive advantage, companies are beginning to wonder what else might be hidden in their vast stockpiles of bits and bytes.<\/p>\n<p>Hence the dawning of awareness about \u201cdark data.\u201d<\/p>\n<p>Perhaps this is the first time you\u2019ve heard of dark data. Now\u2019s the time to get up to speed on both the risks and rewards associated with what Data Science Central calls \u201cthe billion dollar opportunity.\u201d Read on for answers to the questions you may have, and those you haven\u2019t thought of yet.<\/p>\n<p><a href=\"https:\/\/www.mhisolutions-digital.com\/mhiq\/0418_volume_6__issue_4\/MobilePagedArticle.action?articleId=1423649#articleId1423649\"><strong>Read More\u2026<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With analysis of the obvious key performance indicators collected within big data now well understood to be a source of competitive advantage, companies are beginning to wonder what else might be hidden in their vast stockpiles of bits and bytes. Hence the dawning of awareness about \u201cdark data.\u201d * By Carol Miller, MHI Vice President &#8230;<\/p>\n","protected":false},"author":46,"featured_media":1909,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-1958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shedding Light on Dark Data - MHI Solutions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mhisolutionsmag.com\/index.php\/2018\/09\/13\/shedding-light-on-dark-data\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shedding Light on Dark Data - MHI Solutions\" \/>\n<meta property=\"og:description\" content=\"With analysis of the obvious key performance indicators collected within big data now well understood to be a source of competitive advantage, companies are beginning to wonder what else might be hidden in their vast stockpiles of bits and bytes. 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