Big Data is structured and unstructured data sets that are too large or complex to be dealt with by traditional data-processing application software.
Advanced Analytics is a technology enabled, complex process of examining large and varied data sets to uncover information including hidden patterns, unknown correlations, market trends and customer preferences that can help organizations make informed business decisions.
Check out this info-graphic on the results of the quick poll by APQC and Supply Chain Management Review which surveyed Supply Chain Professionals on the current state of Big Data and Advanced Analytics.
You can view the full sized info-graphic here.
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