Why are Manufacturing Companies Keen on Adapting Finance Automation Solutions?

whitePaper | July 1, 2020

Read this resource for tips you can use now to increase your OEE (overall equipment effectiveness) and modernize the maintenance program at your manufacturing organization to reduce risk and increase efficiency. This e-book can help you unlock new efficiency and drive profit with tips around

whitePaper | August 1, 2022

The story of manufacturing is one of constant technological change and evolution. It is also a story with a sweeping geopolitical arc from the industrial revolution in 19th century Britain to modern day China accounting for nearly 30% of the world’s manufacturing1 . The march of the machines is relentless and for large portions of society, alarming. Today’s technology is even imbued with the ability to learn – Blake Lemoine, a software engineer at Google, believes a chatbot his firm has created is capable of conscious thought2.

whitePaper | March 23, 2023

The fourth industrial revolution is transforming the manufacturing industry as we speak. Industry 4.0 is digitally driven, and like all other revolutions, the transformation did not happen overnight. Since the first personal computer on a factory floor in 1970s, computer-aided design has developed and matured exponentially. Strategically eective evolutionary steps has resulted in productivity and eciency gains in manufacturing. We live in the Industry 4.0 era, characterized by the digitization of manufacturing processes. Inevitably, today, information plays a significant role for an enterprise transformation. Data on how the product’s design and manufacturing information is authored, exchanged, and processed is critical to competitiveness. Information ‘silos’ for various life cycle processes are gradually connected to form a digital thread of information, envisioned to integrate and drive modern product design, manufacturing, and product support service processes.

whitePaper | July 16, 2020

That experience demands a platform supported by increased connectivity and cloud infrastructure. The industry will require immense computing and processing power for all the information that AVs rely on and will continue to rely on in a future with 5G.

whitePaper | June 22, 2022

These are unprecedented complexities in the manufacturing sector that will require companies to evaluate how operation layouts need to be modified to assure safety and operational efficiencies. These design decisions have a material impact on the productivity and efficiency of the production line and, hence, your business. How can manufacturers begin to effectively model and make these trade-offs? If necessary, how can these changes to the production line be persistently maintained and efficiently updated in the future? What is the “next normal” for these companies?

whitePaper | November 8, 2022

The industry is currently undergoing its fourth revolution. The third industrial revolution introduced automation, which created data. I4.0 is the movement to translate data into information. This is paving the way for introducing a high level of autonomy by utilizing smart decision-making through advanced physical or statistical modelling to achieve self-adaptation, self-diagnosis, and self-healing. This is truly relevant for the companies, as the conventional systems are unable to adapt to the highly increasing complexity and dynamic of the production environment