Today, survival of the fittest is linked not to size or strength but to the ability to change — to move quickly, adapt, seize opportunities, and be agile. In addition, competition has never been higher in manufacturing, and with more companies competing for the same customer base, differentiation is a challenge. The ability to innovate […]
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Technology Is Disrupting Manufacturing, But It’s Also Offering New Opportunities for Workers and Companies To Thrive Manufacturers today face significant challenges due to disruption from technology, generational change, worker retraining and international pressures. These challenges present manufacturers with more opportunities than ever before. For example, technology is helping to improve safety, reduce waste and increase […]
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As global competitive pressures have driven changes and higher expectations for manufacturing organizations, enterprise technology in manufacturing must respond at an accelerated pace today. Largely the result of fundamental changes enabled by transformative technologies, new and novel opportunities for industrial organizations are looming. This provides the capacity to leverage the role of industrial analytics and use […]
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Internet of Things is no more a technological breakthrough. Industrial applications have been faster in adoption of IoT and it has been playing a significant role for businesses that requires internal tracking, attaining near to zero error with less manual intervention, enabling machine to machine talking along with prognostic maintenance. RFID chips and other sensors […]
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Irrespective of industry or activity, when a human is performing a task, there is a possibility for error. There are numerous studies showing the impact of inadequate procedures towards human error, which led to severe incidents, significant downtime and overall operational losses. As companies begin to embrace digitalization via IIoT, a key challenge still remains: […]
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We all know something big is happening “out there” in industrial operations around the globe. Companies are going beyond standard practices in Continuous Improvement (CI) as they seek step change improvement. Among them, programs go by a range of names: Digital or Industrial Transformation, Industrie 4.0, Smart Manufacturing, and many others. Whatever your company calls […]
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Many articles and posts on digital transformations and Industry 4.0 focus solely on technology enablement. In doing so, they underestimate the negative impact of poor organizational alignment. Assuming that employees can do both their day job and be handed a new set of responsibilities for digital initiatives will negatively impact the potential value of such […]
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The traditional industrial terms of digital technology and environmental sustainability are not intertwined and the compelling factors remain unrelated. Sustainability through Industry 4.0 contribute to developing a better understanding of Industry 4.0 elements and the advanced technologies, considering the key changes in management and emerging opportunities towards sustainable development. The evolution of digital technologies has […]
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A technological enabler that can digitize industrial operations is the immediate need for the oil and gas sector. Internet of Things is one such technology that acts as a solution for the majority of the problems that the oil and gas sector faces today. The adoption of IoT technology in the oil and gas industry […]
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Not a day goes by without an article or blog outlining the technology stack required to build an enterprise IoT solution. During hype-cycles like this, the immaturity of the technology and the general lack of knowledge definitely requires education and even evangelism. However continued reporting of high project failure rates should raise significant concerns. There […]
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The energy industry is entering a new era, triggered by the relentless rise of renewables, electric cars and smart grids. And like previous industrial revolutions, technology – and the willingness to embrace it – will determine the winners and losers. Over the past decade, the greatest disruptor in the energy industry has been the unlocking […]
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There are three major challenges every manufacturer faces as they work to migrate to Industry 4.0 – legacy systems, limited expertise, and limited budgets. These three challenges work together to keep factories from embracing Industry 4.0 to enable real-time data and better business decisions. The good news is – there is a solution. More about […]
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