- Book
- June 2021
- 880 Pages
Industrial Statistics is a branch of Data Analytics that focuses on the analysis of data from industrial processes. It is used to identify trends, patterns, and correlations in order to improve the efficiency and effectiveness of industrial operations. Industrial Statistics can be used to identify areas of improvement, optimize production processes, and reduce costs. It can also be used to identify potential risks and develop strategies to mitigate them.
Industrial Statistics is used in a variety of industries, including manufacturing, energy, and transportation. It is also used in the healthcare industry to improve patient outcomes and reduce costs.
Some companies in the Industrial Statistics market include IBM, SAS, Microsoft, Oracle, and SAP. Show Less Read more