The defining product of the digitalisation of manufacturing activities is data. Companies risk missing out on the opportunity to glean the maximum amount of information from their data and use it to drive their business towards becoming what SAP describe as an 'Intelligent Enterprise', a business whose activities are connected and transparent at every stage, from production to customer service.
The market for industrial and manufacturing software applications is set to grow from £13.4bn (US$18bn) in 2019 to £20.7bn ($27bn) in 2024, according to new research - an increase of more than 50%.
Will 2020 be the year that Industry 4.0 finally makes the leap from overhyped buzzword to a truly pervasive force throughout the manufacturing industry? We certainly hope so. Here’s your 2020 checklist for maximising the potential of Industry 4.0 for your manufacturing business.
More and more companies are turning to cloud to optimise operations, increase productivity and deliver better customer experiences. But what does it take to deliver a successful, and sustainable, journey into cloud?
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.
Digitisation is transforming the very DNA of manufacturing and business leaders must implement significant changes if they are to maximise the benefits and retain and grow market share.
Ralf Schulze took to the main stage at Manufacturing Leaders' Summit 2019 to share the best practices HCL Technologies has jointly learned with its customers regarding innovating and scaling digital.
Stage One designs and fabricates innovative solutions for the creative industries. Their ability to solve problems in unusual ways sets them apart from their competitors, as does their continual investment in digital technologies.
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.
