Orpheus, a McKinsey company - Digital Backbone

Digital Backbone &
Visualization

more about
Digital Backbone & Visualization
Orpheus, a McKinsey company - Impact Tracker

Data Connectivity &
Transformation

more about
Data Connectivity & Transformation
Orpheus, a McKinsey company - Data Categorizer

Data Cleansing &
Categorization

more about
Data Cleansing & Categorization
Orpheus, a McKinsey company - Spend Control

Dashboards &
Insights

more about
Dashboards & Insights
Orpheus, a McKinsey company - Category Analytics

Analysis &
Ideation

more about
Analysis &
Ideation
Orpheus, a McKinsey company - Impact Tracker

Integrations &
Ecosystem

more about
Integrations & Ecosystem
Orpheus, a McKinsey company - Advisory Center

Alerting &
Recommendations

more about
Alerting & Recommendations
Orpheus, a McKinsey company - Impact Tracker

Impact &
Savings Tracking

more about
Impact & Savings Tracking

From Big Data to Smart Data

From Big Data to Smart Data

As media coverage states, data volumes worldwide are exploding. It is being said that 60% of all data is currently generated in countries such as the USA, Germany and Japan. But this is about to change: By 2020, the majority of data is collected in countries like Brazil, China, India, Mexico and Russia. Numbers like 44 trillion gigabytes worldwide by 2020 are making...



Download the full article as a compact whitepaper (PDF format).



READ WHITEPAPER!

...the rounds. Other experts even speak of 40 Zettabyte (that is a number with 21 zeros - equivalent to a text amount of three million books for each inhabitant of the Earth). Literally BIG DATA - and it is promised that with help of appropriate technologies, these stored “gold nuggets” can be easily lifted. This picture, however, does not quite correspond to the current facts in purchasing. There is still too little data for training Artificial Neuronal Networks (ANN) to be able to identify reliable data patterns that provide practical benefits for the procurement departments."Not enough data?"... you might be moaning right now if you belong to those who must put together their reports from countless data sources every month...