Razor releases whitepaper enabling organisations to harness the power of their data and unused AI tools

Posted on 4 Jul 2022 by The Manufacturer

Following its partnership with the University of Sheffield Advanced Manufacturing Research Centre (AMRC), Razor has released its Do you know your data network? whitepaper, which  delivers learnings so far from the landmark Factory+ open framework project.

The whitepaper has been written by Razor’s Head of Data, Analytics and AI, Patrick Murray, and is the first in a series that looks at the fundamentals of data and how organisations can get their unused AI tools moving in the real world.

The Factory+ framework has united two of Sheffield City Region’s cutting-edge tech organisations to deliver a new, innovative digitisation strategy bringing in emerging AI, machine learning and big data technology. The mission of the framework is to boost the AMRC’s research for manufacturers, from industry titans like Boeing and Rolls-Royce to Sheffield-based small firms, to provide a showcase to encourage organisations to deliver better management of data and their networks. 

Ryan Diver, Chief Engineer for Digital Transformation, AMRC, comments: “Several billion data points have been captured so far in the University of Sheffield AMRC’s Factory 2050, as part of the Factory+ project and this is only the beginning. The project gives us unparalleled insight into the AMRC’s processes and that is the power of data. The layering of that unique real time insight with historical hindsight gives us something all businesses crave: foresight. This whitepaper is a gateway for businesses to begin to unlock the power of their data, just like we did.” 

“Not all data is good. Often it becomes an overwhelming mess of spreadsheets lost in complicated folder structures or PDFs scattered across desktops,” comments Patrick Murray

Head of Data, Analytics and AI, Razor and author of the whitepaper, Patrick Murray, added: “Many organisations are more than aware of the benefits of data, but they don’t know where to start or are struggling to make an impact while using it. Our paper has been created from real research into how using data and AI can give us a real insight into understanding how people really work and interact. We’re proud to be able to offer genuine guidance to organisations on how they can harness the power of data and AI tools to create better, more successful and informative decision making and processes.”   

Razor has also created a free Data Maturity Assessment Tool for organisations to assess their current data position and offer clarity on their data estate. The team then turn this into a personalised report and roadmap to help focus efforts to gain the greatest return of internal data and AI tools. 

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