Abstract
The volatile world urges companies to react more agile to fast changes. Monitoring is a major building block for corporate agility. A lack of understanding of causal interrelations between a multitude of volatility drivers demands a new monitoring approach. Big data is presented as an adequate tool and its agility support is discussed from a data and analytics point of view. Conclusively, guidelines for developing a monitoring system are discussed.
Translated title of the contribution | Big Data Monitoring: A new Approach for Agile Companies in the Volatile World |
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Original language | German |
Pages (from-to) | 35-39 |
Number of pages | 5 |
Journal | Industrie 4.0 Management |
Volume | 31 |
Issue number | 5 |
Publication status | Published - 2015 |
Keywords
- agility, big data, monitoring, volatile world, volatility
Fields of Expertise
- Mobility & Production
Treatment code (Nähere Zuordnung)
- Popular Scientific