Accelerating adoption of the Industrial Internet of Things For Connected Manufacturers

whitePaper | September 4, 2022

It’s the clarion call of today’s marketplace and the prime directive for executives in any business that designs or produces physical goods, no matter how simple or sophisticated. Fortunately, every product can be improved and made at less cost. But how quickly a company can satisfy such demands – before, say, its competitors do, or the market moves on to something new – is largely a function of the product-development cycle. Shorten that cycle, and you can improve the numbers across the board, from customer satisfaction to market share to profitability. However, one seemingly intractable barrier to faster product development lies within the traditional design process. That process starts with identifying a need in the market or within one’s organization; it ends with the manufacture of a finished product, whether a massive, complex assembly or one tiny part. In between are multiple iterations of designs and tests: engineers sketch out a solution, prototype and test it (or run a computerized simulation), and then go back to the design to address any shortcomings. But trade-offs complicate matters each time the cycle repeats: make a part lighter and it’s likely to become weaker, make it stronger and it will probably cost more, and so on. A workable, if not optimal, solution can usually be found. However, finding it often takes longer than the product-development timeline or budget will allow.

whitePaper | October 19, 2022

The 1980s saw the Western World’s academics and manufacturers cast their eyes eastward to the miracle of Japanese manufacturing. Specifically, its low cost, high quality, and low stock. As a result, Japanese products were successfully flooding the Western World’s market and were seen as “World Class”.

whitePaper | January 11, 2023

Manufacturing industries have been a source of social and economic growth for both developed and emerging economies. Today they stand at a critical juncture. The increase in global disruptions, from geopolitical and macroeconomic events to the accelerating pace of technological innovation, is having a profound impact on the state of global production systems and is forcing unprecedented transformation across value chains.

whitePaper | December 30, 2022

In recent years, Data and analytics capabilities have made a good progress resulting to numerous recent advancements. Majority of advancements have been made in various ways like development of more sophisticated algorithms, exponential growth in the volume of available data, and storage and computational power have uninterruptedly improved. The combination of these trends has led to business disruptions and fueling rapid technology advances.

whitePaper | June 3, 2022

Production and intralogistics in the consumer goods industry are currently undergoing significant changes. This is the result of rising cost pressures and the need for greater automation as well as increasing product variants and customization. The changes that are taking place also relate to the goal of digitization: Every sensor, every machine, and all people involved in the production and intralogistics processes should be able to communicate with each other at all times. The vertical and, in the next step, horizontal networking of sensors, machines and factories is the systematic further development of this digitalization.

whitePaper | November 23, 2022

Smart Manufacturing as a concept has been around for over 15 years and is firmly on an upward trajectory as organizations are starting to realize their full transformational potential. For most manufacturers, it’s only recently that the Smart Factory is no longer considered a technology experiment. It’s now deemed a critical initiative with a clear business case: a Gartner survey of manufacturers found 88% of participants expect smart manufacturing to advance their competitiveness1 .