Today, all you hear about is data, data and more data. It is becoming increasing critical for leading manufacturing organization to have the ability to access, analyze and manage the vast amounts of data to stay competitive and ensure profitability.
In one of our blog posts, we defined what a smart factory is and the factors that have led to its creation. But, just because a factory is automated and uses the technologies mentioned in the last post, does that make it smart? Deloitte has identified the five key characteristics of a smart factory – read on to learn what it takes for a factory to be truly intelligent.
The Internet of Things is a core element of the ongoing digital transformation initiatives across the globe. Its ability to optimize manufacturing processes is already causing disruption across different industries.
Today’s challenges from increased competition, complex regulatory requirements and heightened safety demands are putting pressure on the manufacturing industry. How can organizations face these challenges and excel in this competitive environment?
The benefits of connected devices to B2C companies are clear - there’s significant consumer demand for “smart” products, and by manufacturing those products, companies can satisfy their customers. However, what’s in it for B2B firms?
The Industrial Internet of Things is an important tool which empowers manufacturers with end-to-end, real-time insights and recommendations about their production and other business processes.
Smart manufacturing is an emerging technology, yet its impact in just a few years has been irrevocable. Manufacturers cannot go back to traditional manufacturing methods if they want to maintain a competitive advantage.
Field service is one of your company’s most important contact points with a customer. Maintaining its quality and consistency increases the chances of getting more business and revenue opportunities.
When people talk about market disruption, they tend to define the term incorrectly. Market disruption stems from disruptive innovation. Disruptive innovation, in turn, refers to an innovation that creates a new market and value network.
Artificial Intelligence can be defined through the actions of the so-called "intelligent agents": any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals is considered part of AI.