Data capital is business capital. In today’s digital economy, data is a kind of capital, an economic factor for the optimal design and production of goods in an ever-increasingly complex ecosystem. Big data management represents an existential threat to organizations that don’t embrace it, but an unparalleled opportunity for those that do. Given this central and mission-critical role, strong practices and robust systems are essential for every manufacturer, regardless of size or type.
Test systems management is the centralized management of a company’s test and measurement assets — software, systems, and fixtures. It helps make the most of test and measurement resources by using real-time information to provide optimum system function and availability.
Test data management is the foundational system for collecting, organizing, processing, and analyzing disparate data across an organization. It makes essential test and measurement data available when and where it is needed.