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To realize the benefits of these technologies, however, companies need to ensure that data analytics are being applied in the most effective way and communicated to the right people. That often requires a cultural shift throughout the operations — from the C-suite to the shop floor.
A connected device or machine becomes something entirely new. Think of the multiple roles that smartphones play in our everyday lives; or how cars are turning into communication and navigation platforms with an increasing degree of autonomy. The same revolution is underway in industry.