There’s nothing certain but the uncertain. This ancient proverb coined the events that happened in 2020 and its effects which continue to spill over till this day. In manufacturing, a pandemic, drastic change to decades-old...
Read MoreDuring the financial crisis of 2009, the United States’ largest automobile manufacturer, General Motors, filed for bankruptcy. According to the Harvard Business Review, the reasons gives included making cars no one wanted, slowness to innovate,...
Read MoreIf you’re reading this, you’ve probably heard that the digital twin can enable your manufacturing facility: Optimize its operations and production cycles to go to market faster leverage data-driven analysis to make better decisions that...
Read MoreSlowing productivity has always been the harbinger for the application of new ideas to deliver growth. Providing enough products to cater to an expanding population was crucial to establishing the first industrial revolution and centuries...
Read MoreThe mining industry has its set of specific challenges due to the nature of its operations. Stakeholders must navigate an industry dealing with increasingly stricter regulations, a growing skill gap as older workers retire, and...
Read MoreConsumers accustomed to excellent customer services when making online purchases from retails stores have begun to expect similar excellence from more traditional industries. The pharmaceutical industry, which has existed centuries before e-commerce became a thing,...
Read MoreAcross the industrial sector, strategic alliances are being made to simplify everyday business operations, utilize data, and improve revenue generation. These strategic alliances have witnessed enterprises within more traditional industries partner with digital transformation service...
Read MoreThe future of work is digital but before the Covid-19 pandemic, enterprises generally took a slow and steady approach to the integration of digital transformative processes. Following the pandemic, the adoption rate is moving at...
Read MoreThe digital twin is currently being used to optimize, monitor, and automate industrial processes across diverse industries. 2020 statistics put the market size for digital twin technology at approximately $3.1 billion with an estimated compound...
Read MoreGartner's 2019 "Application Strategies & Solutions Summit" highlighted the challenges manufacturers face in a world that continues to demand more accountability from the manufacturing industry. The discussed challenges included the need to increase revenue growth,...
Read MoreIn an offshore Oil and Gas facility near Norway’s coastlines, engineers struggled with optimizing the use of assets, increasing production, and ensuring the safety of operators within the field. The remote nature of the Oil...
Read MoreThe sales and operations (S&OP) process focus on coordinating the diverse areas of a business, from demand forecasting to manufacturing capacity; supply chain management to inventory availability, to responsibly meet customer demand. The conventional process...
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