Manufacturers need to move with increased agility and insight to grow and thrive in today’s competitive marketplace. In short, they need to become organisations that can connect everything in order to engage everywhere.
One of the most striking similarities between manufacturing and the high-octane world of Formula One is how both are trying to marry up the unstructured insights and ‘gut feelings’ of their respective experts with more structured telemetry and analytics.
'Black holes’ are a common supply chain problem, caused as much by disjointed systems as by lack of visibility into data, processes and workflows. That may not have been an issue historically, but in today’s fast-moving, demand-driven landscape, it could mean the difference between gaining market share and losing it.
A successful cloud adoption requires only a handful of key ingredients, addressing each of which mitigates much of the risk involved. Yet most cloud strategies are missing at least one of these factors, with many just paying lip service to the rest.
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.
Modern manufacturers (and Formula 1 race teams) need real-time insights right where the action is. But how do you gain data-centre level compute power without the time involved with sending information to be analysed and the results returned?
Why would British outsourcing giant SERCO be looking to acquire the troubled Babcock engineering group? Well, the President’s vows to boost the US Navy’s fleet from 280 to 355 ships by 2034 might have something to do with it.
Siemens UK has been in the vanguard of industry’s drive for a meaningful governmental
industrial strategy and the adoption of digital technologies in manufacturing.
Nick Peters visited the Siemens factory in Congleton, Cheshire, to discover
just how well Siemens is managing its own digital revolution.