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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...
Read MoreImplementing 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...
Read MoreRealizing 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...
Read MoreThe widespread adoption of Industry 4.0 business concepts shows that the future of business operations is automation. Robotic Process Automation (RPA) borrows a leaf from the automation playbook of Industry 4.0 because it involves the...
Read MoreAs 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...
Read MoreDelivering 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...
Read MoreThe introduction of Industry 4.0 in 2011 could be seen as a necessary measure to wake up a declining industry. The decade before its introduction saw global manufacturing productivity drop to 1% and to spur...
Read MoreThe introduction of Industry 4.0 in 2011 and the digital transformation that enables it led to an influx of new technologies to optimize traditional processes in the manufacturing industry. Artificial intelligence, which was predominantly utilized...
Read MoreLess 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....
Read MoreDiscussions 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...
Read MoreThere’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...
Read MoreDuring the financial crisis of 2009, the United States’ largest automobile manufacturer, General Motors, filed for bankruptcy. According to the Harvard Business Review, the reasons gives included making cars no one wanted, slowness to innovate,...
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