With the increasing deployment of low- cost sensors and their connection to the internet, manufacturers now have access to a large amount of data. For companies to capture the value of this data, developing mature data understanding is as important as having advanced analytical tools. A survey of 50 small and large businesses by McKinsey&Company, … Continue reading Leveraging the value of data analytics
Oracle announced earlier this week in a press release that it has entered into an agreement with Australia’s Aconex Limited, a cloud-based solution that manages team collaboration for construction projects, for A$7.80 per share in cash. The transaction is valued at approximately US$1.2 billion (A$1.55bn), net of Aconex cash. The Aconex project collaboration solution digitally connects … Continue reading Oracle to buy Australia’s Aconex for $1.55bn
Research firm MarketsandMarkets is predicting that the global market for analytics across the manufacturing sector will more than double to reach a value of $8.45 billion by 2021.
The AFGC CHEP retail index predicts growth to be 2.9 per cent, year-on-year, for the December quarter, below both the 10-year average and the September quarter result.