Xchanging

Xchanging plc, a business technology and services provider, has issued the third set of results from its 2015 Global Procurement Study, focused on how technology is transforming supply chain operations. The study is a major international project that surveyed 830 procurement decision makers across the UK, Europe and North America.

Businesses can use predictive analytics to derive value from the vast amounts of data generated every day. Here, Murali Nadarajah of Xchanging examines three practical applications of the practice.

The Internet of Things is quickly making the future a reality by revolutionising the way people and things – including buildings – operate. Spending on connected buildings is expected to more than triple from 2013 to 2018 according to IDC Energy Insights, representing a 28 percent compound annual growth rate.