Understanding what makes your workforce tick and what make them strive for excellence is vital for any business wanting to generate significant improvements in throughput, efficiency and staff retention.
Many companies are either talking about or investigating how they can start to unlock the benefits of digital transformation, yet most are still unsure of where to start and what potential business outcome improvement it can deliver.
RS Components is the world’s largest distributor of electronic, electrical and industrial components. Freestyle’s Oliver Forrester sat down with its President of EMEA, Mike England to hear how he turns theory into practice and inspires digital transformation on a global scale.
Industry commentators believe that, over time, every machine on every factory floor will have its own digital twin. Some have even been so brazen as to suggest that at least half of large industrial companies will adopt this self-learning technology by 2021.
From entrepreneurial ventures through to multinationals, intellectual property is key for capturing the value of innovation, and a good IP strategy needs to be tied to, and will help deliver, business objectives.
It is becoming increasingly obvious that the process of adopting digital manufacturing technologies – a must-have for improved productivity and output – needs top floor to shop floor buy-in, and delivering that requires deep culture change.
Manufacturers generate massive amounts of data, yet very few put this intelligence to use. Over the years, most industrial businesses have lagged behind in their IT capabilities and it has cost them.
My afternoon roundtables at this year’s Industrial Data Summit included discussions around ‘Connected Product Innovation’ and ‘Artificial Intelligence versus Machine Learning.
