Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    How Data Analytics Is Reshaping Patient Financing Decisions
    How Data Analytics Is Reshaping Patient Financing Decisions
    13 Min Read
    business using business intelligence
    How to Use a Competitive Intelligence Dashboard to Turn Market Data Into Smarter Marketing Decisions 
    9 Min Read
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Special automotive track at the Enterprise Intelligence Summit
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Warehousing > Special automotive track at the Enterprise Intelligence Summit
Data Warehousing

Special automotive track at the Enterprise Intelligence Summit

TeradataEMEA
TeradataEMEA
4 Min Read
SHARE

There will be a special automotive track at the Teradata Enterprise Intelligence Summit in Berlin: Representatives from Daimler and component supplier Continental AG will explain to what Teradata_Berlinextent they are

already using data warehousing for quality analysis and quality assurance. Considering that quality problems have been pestering various manufacturers recently, I think that they will be addressing a very relevant field.

It seems that while some industries, such as retail, banking and telecommunications, are quite mature in the sense that data warehousing is widely seen as key to market success, other industries like the utilities and oil production are still very much at an early stage. The automotive sector, and manufacturing in general, seems to be somewhere in between. There is a vast potential of data warehousing…


More Read

Asia remains lucrative BI market
New Age Data Warehousing
Are Smart Data Lakes the Answer to Data Warehouses?
Data by the Book: You Don’t Know What You’ve Got Until It’s Gone
A Better Way to Model Data

There will be a special automotive track at the Teradata Enterprise Intelligence Summit in Berlin: Representatives from Daimler and component supplier Continental AG will explain to what Teradata_Berlinextent they are

already using data warehousing for quality analysis and quality assurance. Considering that quality problems have been pestering various manufacturers recently, I think that they will be addressing a very relevant field.

It seems that while some industries, such as retail, banking and telecommunications, are quite mature in the sense that data warehousing is widely seen as key to market success, other industries like the utilities and oil production are still very much at an early stage. The automotive sector, and manufacturing in general, seems to be somewhere in between. There is a vast potential of data warehousing in automotive. My colleague Martin Willcox has pointed out some of it in another post, including early warning systems that identify component failures, making it possible to replace them proactively (and thus in a customer-friendly way). The most obvious application is, of course, supply chain management (SCM).

Now let’s look at the German automotive industry, for example. A recent study by European Business School, a university near Frankfurt, suggests that the potentials are far from fully exploited here: four out of five decision-makers feel inadequately supported by their intelligence systems. There seems to be a patchwork of analytical systems that allow for a limited perspective rather than a holistic view. Analysts seem to spend a great deal of time preparing data when they should be analyzing them. Unsurprisingly, only a minority has capabilities like early warnings (35 percent) or event-based analytics (33 percent). Which basically sounds exactly like what we heard from other industries a couple of years ago.

Building an all-encompassing, reliable data base in the automotive industry is difficult simply because there is a lot of complexity in its supply and production chains: global sourcing networks, myriads of components etc. (On the other hand, this is precisely why the benefits would be so high.) It requires strong determination from top management as well as a great deal of cooperation between suppliers and producers. In some cases, this process could be nudged along by an unexpected driver: IT efficiency. With Teradata manufacturers will be able to consolidate various systems in a centralized data warehouse to save operating costs – and integrate their data sources at the same time. The main driver, of course, will be competition and the need for more efficient processes, just like in retail, telecommunications and other industries in recent years.

Niall O’Doherty

 

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

Operational Data Becomes Business Value in the Age of AIoT
Operational Data Becomes Business Value in the Age of AIoT
Big Data Exclusive Internet of Things
ai for social media
How AI Helps Businesses Get More From Social Media
Artificial Intelligence Exclusive
How Data Analytics Is Reshaping Patient Financing Decisions
How Data Analytics Is Reshaping Patient Financing Decisions
Analytics Big Data Exclusive
AI driven big data company
How AI-Driven Workflows Are Changing the Way Companies Think About Data Risk
Artificial Intelligence Data Management Exclusive Risk Management

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

D-Wave Arms ‘Smoking Gun’ Proof of Quantum Computer – Bits Blog…

0 Min Read

Using Analytics in Tough Times: Quiet action starts the fight against “doom and gloom”

3 Min Read

Machine Perception and Learning of Complex Social…

1 Min Read

Spotlight on Innovation

2 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?