Companies across sectors are embedding technologies across their businesses to drive fundamental change. Such digital transformation efforts are in full swing with investment pouring in like never before. International Data Corporation (IDC) reports that global spending on the digital transformation of business practices, products, and organizations is expected to reach USD1.8 trillion in 2022, an increase of 17.6% over 2021.
Technology has progressed by leaps and bounds in the last few years. Communication options available to companies today would have been deemed impossible just 10 years ago. A physical office space is no longer the home of an organization’s communication. The advancements to online communication has made offices a virtual connected space that can be accessed from almost anywhere. However, with such powerful tools at our disposal, a burning question comes to mind – are you utilizing this technology to its fullest extent?
Technological development has increased the competition in all types of businesses, and each enterprise has to do its best to stay ahead of others. Technology has also played a crucial part in helping enterprises build their processes stronger and achieve business goals.
Organizations have been investing heavily in technology for various reasons. While some want to adopt emerging technologies to streamline their crucial processes, others want to stay relevant by leveraging the latest techniques and maintaining a competitive edge in the market.
Elevate Your Manufacturing Game with Real time Production Monitoring10/10/2023
If you haven’t heard already, here’s what you need to know - data is the new oil. Real-time production monitoring is the refinery that turns raw data into actionable insights. The result? A manufacturing floor transformed into a well-oiled machine, unhindered by bottlenecks and inefficiencies.
Discover the Game-Changing Potential of Predictive Maintenance in Manufacturing10/10/2023
In the ever-evolving manufacturing universe, efficiency and uptime remain the much sought-after constants. The ability to keep machines running smoothly, avoid significant breakdowns, and maximize production output can often be the difference between success and failure. Traditionally, manufacturers have relied on two primary approaches to the maintenance of their machinery – reactive and preventive. Over recent years, another option has emerged as a game-changer and that is ‘Predictive Maintenance’.
How Manufacturing Analytics Can Boost Factory Performance?04/10/2023
If we were to pause for a second and look around our factories and warehouses, we would be surprised to see how much has changed. Manufacturing productivity is increasing, and we need fewer workers for the same results- hence marking an undeniable factory performance improvement.
Unlock the Potential of Modern Manufacturing through IIoT03/10/2023
Henry Ford and Nikola Tesla are proof that whenever something new is thought of- the cliché response is, ‘Why do we need it?’ Slowly but surely, the answer changes to ‘Tell me how.’ From horses to cars, from lamps to electricity, and from dumb machines to intelligent and IIoT-run equipment, the journey always follows the same path
Navigate Inventory Challenges and Leverage Demand Visibility for Success08/08/2023
Let’s rewind to 2020 a bit. Let’s skip all the turbulence that the pandemic brought and focus on how the world of business inventories was affected. As per the Council of Supply Chain Management Professionals (CSCMP) ‘State of Logistics’ report, shippers were set on boosting their logistics spending to build resilience in supply chains.
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