With sensors becoming rapidly cheaper, manufacturing companies are expecting their massive sensor deployment to support vital services, such as predictive maintenance, automated supply chain management, operations & usage monitoring. However, billions of connected IoT devices, generating monumental amounts of data do not necessary result in smart systems or products. They do have a direct impact on cost. The InsightProducts project supports companies to improve their product and service offering through a cost-effective approach to relevant and qualitative product data acquisition and use in view of digital servitisation.

Long ago there were two kingdoms called Datamania and Scienzia that constantly competed with each other, not over power or wealth but over knowledge.

Data science can be very valuable to innovate within several domains, also for SMEs. The EluciDATA mastercourse provides pragmatic and industry-oriented sessions on data-driven innovation. During a special interactive, hands-on session on 18 September, participants will be guided in identifying the potential of solving a particular business challenge in a data-driven way and specifying the data innovation opportunities for their particular business context.

Nowadays, a wide variety of algorithms is available in different data analytics libraries and toolkits. Therefore, when it comes to choosing an algorithm, the question is not whether an algorithm exists to solve your problem, but rather which one best fits the data science problem you are trying to solve. The next session of the EluciDATA mastercourse on 26 April will focus on choosing the right algorithm for the right task.