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Simio Student Simulation Competition 2021: Conquer Your World

Hear ye, hear ye! The largest simulation modeling students’ competition is once again, here! Simio’s biannual students’ competition provides graduate and undergraduate students with the chance to compete against the best teams across the globe to win fantastic prizes. Competing with like minds on the global stage is half the thrill our biannual Simulation Competition …

Reshaping the Production Line with Big Data Analytics

Dark data – this refers to the data collected from the shop floor that remains untouched or used to improve manufacturing output in any way. The average enterprise’s leaves 90% of its data sets untouched and this applies to facilities within the manufacturing industry. This statistic means that despite the increased rate at which data …

The Checklist to Implementing AI in Manufacturing

Beating the competition requires the ability to continuously evolve business processes to deal with disruption. Today, the manufacturing industry experiences a high level of disruption and competition across the globe continues to increase at an intense pace. First-world manufacturers must contend with the growing manufacturing capability of developing countries and the affordable labor they leverage. …

Simio Model Maker Animation Design Contest 2021

How do you inspire creativity and empower creators? By recognizing the efforts creators put into designing ground-breaking animations and models that make a difference! The Model Maker Animation Design Contest is Simio’s initiative to put the spotlight on creators building awe-inspiring simulation and scheduling models across the globe. Putting it mildly, we want to reward …

Implementing Digital Transformation Strategies with Industrial Cloud

Delivering sustainable growth in the manufacturing industry starts with adopting digital transformation technologies and Industry 4.0 strategies. Digital technologies support the capture of shop floor data and the analysis of aggregated data to gain insight or take actions that improve operational performance. Captured data must be aggregated, stored, and analyzed. To accomplish these actions, a …

Introducing Simio Sync 2021 Digital Transformation Conference

Less than a decade ago, the greatest minds in the field of simulation modeling, scheduling, and all things digital transformation came together and agreed to share their knowledge directly with individuals interested in their field. Thus, Simio Sync was born…and we are delighted to announce the 4th annual event with a little twist; Simio Sync …

The Benefits of Process Digital Twin Technology in the Mining Industry

As the Industry 4.0 dust settles, many industries are looking to take their business one step further.  The introduction of Industry 4.0 systems such as IoT (Internet of Things), Big Data, and Augmented Reality means that mining companies are able to achieve the golden 10X return on investment (ROI).  However, this advantage will be short-lived …

baobab collaborates with the UPM and the Ramón y Cajal Hospital

Since last September, baobab soluciones has collaborated with the UPM ETSII in directing the practices associated with the Ingenia subjects. In this group of subjects, students carry out an engineering project in situations similar to those of a real professional environment. As the UPM ETSII guide says: “The basic guiding principle of these subjects is to develop the …

Navigating Disruptions in the Manufacturing Industry with Risk-based Simulation and Scheduling

There’s nothing certain but the uncertain. This ancient proverb coined the events that happened in 2020 and its effects which continue to spill over till this day. In manufacturing, a pandemic, drastic change to decades-old trade policies and increased demand for accountability from customers has created uncertainties. The disruptive influence of these uncertainties has led …

The Roadmap to Implementing Digital Transformation for C-level Executives in Manufacturing

The digital transformation of operational processes has become the most discussed topic in the manufacturing industry. Everyone from the shop floor operator to C-level executives is interested in applying digital transformation technologies to ease operations and provide insight to make better decisions. Sadly, 7 out of DIY digital transformation initiatives fail which calls for an …

5 Things to Look Out for in the Right Digital Twin Solution for Manufacturing

Slowing productivity has always been the harbinger for the application of new ideas to deliver growth. Providing enough products to cater to an expanding population was crucial to establishing the first industrial revolution and centuries later humanity found itself in the same situation. Productivity growth across the industrial sector fell from 2.9% from 1995 – …

Digitizing Mining Operations from Pit to Port

The mining industry has its set of specific challenges due to the nature of its operations. Stakeholders must navigate an industry dealing with increasingly stricter regulations, a growing skill gap as older workers retire, and securing ore deposits before turning a profit. The new normal for the mining industry also calls for a rethink of …

Suez Canal Fiasco Heralds the Need for Digital Transformation in the Maritime Industry

Circumstances beyond human control are bound to happen now and then as the blocked Suez Canal shows. Since the news broke of the Ever Given’s, a 220,000-ton container ship, blockade of the canal approximately 140 ships are held up in transit. One of the world’s busiest supply routes responsible for 12% of seaborne trade is …

From Disorder to Insight: The Road to a Digitally Transformed CPG Industry

Imagine a manufacturing enterprise churning out billions in revenue from selling approximately 5,000 different consumer packaged products relying on pen and paper analysis to make complex decisions? Sounds alarming right? This scenario highlights, to an extent, the current situation in the consumer packaged goods industry. According to a survey, although 25% of enterprises in the …

5 Innovative Tools to Digitally Transform Your Enterprise in 2021

The future of work is digital but before the Covid-19 pandemic, enterprises generally took a slow and steady approach to the integration of digital transformative processes. Following the pandemic, the adoption rate is moving at an accelerated pace as organizations seek to protect workers and customers while delivering optimized services. This increased adoption rate is …

4 Ways Enterprises can Build On Covid-19 Digital Transformation Efforts in 2021

2020 was the year the digital transformation came of age. Before Covid-19, digital transformation strategies across all sectors including manufacturing, healthcare, and the educational industry had approximately 3 – 5 year plans for achieving digital transformation goals. In many cases, these goals focused solely on digitizing record keeping, data manipulation, data transfer, and storage but …

Simulation and Risk-based Scheduling in the Industry 4.0 Era

In 2019, an industrial facility struggled with optimizing its schedules, maximizing resources, and cutting down on astronomical production costs due to the complex nature of its manufacturing process. The facility relied on a high-mix and low-volume manufacturing process with sequence-dependent setup times which added an extra level of complexity to its manufacturing processes. To eliminate …

2021 Digital Twin Trends: 5 Industries Expecting Big Gains from Digital Twin Deployments

The digital twin is currently being used to optimize, monitor, and automate industrial processes across diverse industries. 2020 statistics put the market size for digital twin technology at approximately $3.1billion with an estimated compound annual growth rate of 58% meaning that by 2026, it’s market size will hit the 48 billion-dollar mark. The projected growth …

Simio May 2021 Student’s Competition is Here

Preparing the leaders of tomorrow to apply innovative technological solutions in improving real-world activities has become an urgent requirement for higher institutions interested in fostering real-world experiences in academia. The much-awaited Simio Student Competition 2021 is, once again, is here and it provides departments of educational institutions offering simulation modeling and scheduling courses with the …

Enhancing Innovation and Agility with Digital Twin Technology in the Manufacturing Industry

Gartner’s 2019 “Application Strategies & Solutions Summit” highlighted the challenges manufacturers face in a world that continues to demand more accountability from the manufacturing industry. The discussed challenges included the need to increase revenue growth, enable greater agility with existing manufacturing processes and resources, and getting more value from plant floor data. During the conference, …