Facing a skills shortage, manufacturing businesses need to devise a strategy to ensure they are sourcing the right people to fulfil their IoT aspirations, says Sensor City’s Joanne Phoenix
Today, supply chain networks span the globe, with the digital revolution multiplying both opportunity and complexity. As a result, the combination of the need for speed and growing big data volumes can cause existing supply chain planning processes to overload.
The whole world has gone digital at a lightning-quick pace and if businesses are going to keep up and take advantage, they must be agile, innovative and customer-centric.
Dr Veronica Martinez from the Institute for Manufacturing (IfM) at the University of Cambridge, working with Caroline Burstall and Andrew Noblett at Caterpillar, has used a pilot project to show that blockchain can deliver significant supply chain benefits.
Manufacturing plays a central role in the global economy, and it’s a field where the promise of artificial intelligence (AI) is clear – driving productivity, growth and employment.
The total installed base of AI-enabled devices in industrial manufacturing is forecast to reach 15.4 million within five years, with a CAGR of 64.8% from 2019 to 2024.
Remote SIM provisioning enables you to reach the people you need to reach, when you need to reach them, alongside offering the ability to remotely alter eSIM profiles over the air.
Decision-makers believe that 30% of their company’s revenue two years from now will come from the Internet of Things, yet almost a third of projects aren’t moving beyond the initial phase.
As connectivity in the Industrial Internet of Things (IIoT) increasingly transforms manufacturing, new global research has revealed that nearly eight in 10 manufacturers (79%) have suffered some form of IoT cyberattack in the past year.
Manufacturers are beginning to view 5G technology, and its associated high data speeds, as a vital component to their business, prompting interest in obtaining private licences as a way to control 5G strategy. A recent report has come up with some interesting findings.
