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5 Use Cases for Big Data in Manufacturing

The manufacturing industry is known for the large data sets it produces. These data sets include both structured and unstructured data from production processes and for a long time they went uncollected until the advent of Industry 4.0. Earlier advancements such as lean manufacturing methodologies leveraged data. To implement lean processes, the manufacturer had to …

Virtual Models, Digital Shadows, and Digital Twin Applications in Manufacturing

Implementing digital transformation processes within the manufacturing industry has been an ongoing process for approximately three decades. First, manufacturers utilized digitization to collect data for storage purposes before moving on to more complex applications. Optimizing industrial design became the next logical step for applying digital transformation technologies. However, it would take the introduction of Industry …

5 Ways AI is Optimizing Manufacturing Processes

Realizing the dreams of a fully automated factory floor starts with utilizing the structured and unstructured data captured from manufacturing processes. Once captured, data-producing sources and assets on the shop floor must be capable of decentralized analysis to take accurate, independent decisions. For that, you need artificial intelligence. Applying AI to optimize or automate manufacturing …

Digitization, Digitalization, and the Digital Transformation of the Factory Floor

As the adoption rate of digital transformation within the manufacturing industry increases, many still struggle with differentiating between digitization and digitalization. Although both terms sound similar, that’s where the similarities end. Many who use digitization and digitalization interchangeably end up confusing the technological partners they intend to work with. Thus, to eliminate the confusion associated …

Delivering Workforce Agility in Manufacturing with Digital Transformation

Discussions about optimizing productivity and performance in the manufacturing industry are usually centered on the assets within the shop floor. Although the equipment that drives production cycles play major roles in optimizing productivity, attention must also be paid to the workforce managing these assets. The manufacturing industry is going through changes. The workforce, the industry …

5 Things to Consider When Searching for a Digital Twin Solution

If you’re reading this, you’ve probably heard that the digital twin can enable your manufacturing facility: Optimize its operations and production cycles to go to market faster leverage data-driven analysis to make better decisions that increase revenue Monitor operations in real-time to reduce errors and increase throughput All you have heard is accurate but the …

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 …

3 Ways Digital Transformation Support Nuclear Energy Upgrades

Nuclear power has staked its claim as one of the most adopted clean energy sources used across the world. The widespread adoption of nuclear power is due to its ability to serve as an adequate energy source for both domestic and large scale industrial uses, unlike other competing clean energy options. In the United States, …

Improving Operational Efficiency with Digital Transformation

Across the industrial sector, strategic alliances are being made to simplify everyday business operations, utilize data, and improve revenue generation. These strategic alliances have witnessed enterprises within more traditional industries partner with digital transformation service providers to solve problems. One example is the Oil and Gas industry turning to digital transformation to deal with struggles …

Revisited: The Evolution of the Industrial Ages: Industry 1.0 to 4.0

Through the ages, human progress has been closely intertwined with the ability to develop innovative solutions to producing the items we consume and utilize. The stone and metal age saw our ancestors produce goods by hand and through the help of domesticated animals but by the 18th century, things were to change dramatically for 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, …

Remote Facility Monitoring with Digital Twin Technology

The lights out factory, industrial automation, the Industrial internet of things, and digital twin technology highlight the effort mankind has made to reduce to simplify facility monitoring and management challenges. These efforts have led to industry 4.0 and today, there’s no better time than now to explore the reach of emerging technology in delivering employee …

Effective Factory Scheduling with a Simio Digital Twin

Introduction In today’s world, companies compete not only on price and quality, but on their ability to reliably deliver product on time.   A good production schedule, therefore, influences a company’s throughput, sales and customer satisfaction.  Although companies have invested millions in information technology for Enterprise Resource Planning (ERP) and Manufacturing Execution Systems (MES), the investment …

Integrating Digital Transformation to Enhance Overall Equipment and Facility Efficiency

The digital transformation of traditional business process and the assets that run them have become one of the raves of the moment. A Forbes-backed research highlights just how popular the topic of digital transformation and the tools needed to accomplish it has become. Statistics like the fact that 55% of business intended to adopt digitization …

Top Trends in Simulation and Digital Twins Technology for 2020

Digital Twins refers to the digital representations of people, processes, and things. It is used to analyze operations and receive insight into complex processes. As 2019 comes to an end, the need to define digital twin technology still exists and hopefully by this time next year, its growth and popularity will make this need obsolete… …

Simio Showcases the Digital Twin at INFORMS Annual Meeting 2019 – A Recap

The INFORMS Annual Meeting for 2019 has come and gone with multiple keynotes shared, workshop activities, and hundreds of excellent companies sharing their experiences and solutions from brightly colored booths. Once again, Simio was at the thick of things evangelizing the benefits of simulation and Digital Twin technology to the world. As with all annual …

Integrating Simulation and Digital Twin Technology in the Hospitality Industry

The numbers are in and they do look good for the hospitality industry which consists of hotels, restaurants, and other hospitality-related services. According to Forbes, profitability in the hospitality industry is finally on the increase after the slump of previous years. The report further stated that the net profit margins for full-service restaurants grew by …

Analyzing the Paradigm Shift from Production Scheduling to Simulation-Based Scheduling

Through the long centuries of man’s existence, man has always produced materials and products for specific uses. But at the turn of the 17th century, something interesting happened. Man had built industrial equipment for the first time which ushered in the age of industrialization. This age came with larger facilities dedicated to every aspect of …

How to Sell the Idea of Digital Twin to Your Manager

The business world as we know it is changing. Never have there been so many emerging technologies, models, and business concepts competing for the attention of the business community. Today, we have cloud computing services, the Internet of Things, Artificial Intelligence, Robotics, Automation, Blockchains, and the Digital Twin providing timely business insights for enterprises. This …

Industry 4.0 Revolution: Understanding the Digital Twin and Its Benefits

The world is moving toward an era of more efficient business operations driving by automation. This was one of the key messages of Mitsubishi Hitachi Power Systems CEO, Paul Browning, at the just concluded 2019 CERAWeek held in Houston. Paul Browning, who was the keynote speaker on the ‘digital transformation agenda’, spoke about Mitsubishi’s use …