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Power BI allows you to do more than just access your company’s crucial data. This tool also allows you to interpret, implement, and display the information from virtually anywhere. Power BI is recognized as a necessary problem solver among major corporations, offering solutions to numerous challenges being faced in the modern workplace. Here are some examples.
When it comes to manufacturing and utilities, legacy applications have considerable sticking power. For example, a substantial number of manufacturers are still using legacy SCADA (Supervisory Control and Data Acquisition) systems. These legacy systems are unable to keep up with the speed demanded by information technology in the era of industry 4.0 – and they’re also dramatically vulnerable to cyberattacks. A recent survey by Kasperksy labs shows that almost 43% of industrial control systems (ICS, of which SCADA is a subset) were attacked or infected by malware last year.
The conventional wisdom has it that American manufacturing is beginning to die. Plant closings, mass layoffs, and rusting industrial cities are now supposed to characterize that portion of our economy. When you look at the actual data, however, this grim picture shows anything but the truth.
If you work in information technology, you probably know that when a piece of software is declared “end of life,” its end is in reality far from over. If you’re still running a copy of Windows Server 2003 – like one in five companies as of 2016 – then you’ll get the idea. Same if there’s a computer in your organization that still runs Windows XP. Although less than 5% of companies still run Windows XP, a majority of ATMs still do.
We are literally drowning in data. Every day, the combined efforts of humans, businesses, and automated processes generate 2.5 quintillion bytes of data. We are still only approaching the upslope of an exponential curve, however.
“Big Data” is already really big, and as the Internet of things expands, we can expect an even greater deluge of data. Luckily researchers and scientists have come up with new and intriguing ways to make use of all that data.