MOUNTAIN VIEW, Calif., Jan. 12, 2016 /PRNewswire/ -- Our world is awash in connectivity and information. With the proliferation of 'smart' and connected devices in our modern, mobile world, vast amounts of data are being produced from a variety of everyday sources, including hospitals, utility meters, traffic lights, oilrigs and much more. Organizations stand to benefit from this avalanche of information, but only if they possess the ability to proficiently and quickly analyze and extract meaningful insights that lead to better business decisions.
In a recent white paper titled Social Innovation: Driving Meaningful Improvement Across Industries, Frost & Sullivan examines the increasingly connected world we live in and the data-driven solutions that can help businesses across a variety of industries achieve better outcomes, and support the development of safer, smarter, healthier and more efficient societies in the process.
The volume, variety and velocity of information derived from various data channels can be overwhelming. The amount of information that we can now access and the speed by which we can attain it leaves many organizations holding an excess of information without proper utility to tap into its value.
"Most organizations recognize that there is significant value in the massive amount of data streaming in from disparate sources," said Frost & Sullivan Partner and Vice President of Energy and Environment Roberta Gamble. "However, many still struggle with separating critical information from the noise and how to extract actionable intelligence."
Many realize that employing data from the Internet of Things can offer huge benefits that resonate throughout an organization, from increased productivity and improved customer experiences, to better, faster revenue generation and cost savings. Through its Social business, Hitachi is driving innovation that connects technology, people and processes, and helps organizations to put information to work, driving meaningful improvements through the increased utilization of data.
"Hitachi's Social Innovation solutions are helping companies, cities and other entities to make better use of their data to achieve digital transformation and benefit both society and their bottom line," noted Gamble.
In this analysis, Frost & Sullivan examines how Hitachi Social Innovation is bridging technology, processes, and people to transform companies, industries, and societies by tapping the power of Big Data analytics and the Internet of Things that matter.
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SOURCE Frost & Sullivan