Big Data and Advanced Analytics: 2022 Current State

Published On:
December 12, 2022
Authored By:
Public Content:
View Now

This infographic highlights data APQC collected in late 2022 from global supply chain professionals about the current state of Big Data & Advanced Analytics in supply chains.

Big Data involves structured and unstructured data sets that are too large or complex to be dealt with by traditional data-processing application software.

Advanced Analytics refers to technology-enabled, complex processes of examining large and varied data sets to uncover information including hidden patterns, unknown correlations, market trends, and customer preferences that can help organizations make informed business decisions.