Capturing the power of data analytics
Today, exciting new technological advances are transforming the way information is collected and made available. Extreme computing performance makes it possible to process millions of data records instantly and this supports the introduction of new innovations, as well as new data insights that will deliver value to businesses and create extraordinary experiences for us all.
Future research needs to keep up with the action, and we are setting the pace here at Ericsson. Through collaborative projects with industry leaders, such as 5G for industries, we can determine how real-time data analytics will bring new opportunities and greater knowledge to benefit an increasingly connected society. The possibilities throughout every industry sector are endless.
Data insights will prove invaluable. It will warn vehicles about a potential accident ahead, or an athlete about a possible muscle injury if they carry on training in a certain way. It could even provide knowledge to aid new product development, such as understanding the special requirements needed to operate smoothly in a very hot or cold climate.