When workers have the power of fully connected technology in the palm of their hands, they can increase productivity, efficiency and data input accuracy – all of which have incredible impacts on the bottom line. Tom McNeela reports.
While it’s difficult to be prescriptive about the ebbs, flows and unforeseen ‘acts of God’ within a business or industry, a lack of orders generally means something is broken within the sales and marketing functions.
Microsoft’s 2019 Manufacturing Trends Report explores the six emerging developments that empower manufacturers to design more intelligent operations and increase the speed and efficacy of doing business.
A recent global study – After The Fall: Cost, Causes and Consequences of Unplanned Downtime* – showed the majority of companies have experienced at least one unplanned downtime outage over the past three years, costing an average $260,000 an hour across all businesses.
A new report says manufacturers need to deal with Industry 4.0 technologies by showing boldness and strategic thinking, pursue value and performance first instead of technology, and recognise Industry 4.0's opportunities.