In today’s rapidly evolving business landscape, organizations face unprecedented complexity that shatters the boundaries of conventional analytical frameworks. The static, two-dimensional nature of traditional business process modeling—with its rigid diagrams and lifeless documentation—represents merely a...
Read MoreManufacturing is undergoing a rapid transformation, driven by advancements in technology like IoT and AI. By 2026, 70% of manufacturers are expected to adopt IoT solutions, while AI-powered production scheduling software is already cutting planning costs by...
Read MoreThe manufacturing industry is undergoing a profound change as we step further into the era of Industry 4.0 and digital transformation. Among the cutting-edge innovations supporting this shift are digital twins—data-driven virtual replicas of physical...
Read MoreERP systems are great at managing core business functions like inventory, finance, and basic operations. But when it comes to the complexities of modern manufacturing in the VUCA (volatile, uncertain, complex and ambiguous) world of...
Read MoreIndustry 4.0 is causing a convergence of manufacturing processes and software in the industrial sector. This convergence is expected to provide manufacturing enterprises with the tools to implement diverse Industry 4.0 business models including condition...
Read MoreThe manufacturing sector is no stranger to the impact of increased public demand on consumer goods caused by recalls, shortages of raw materials or disrupted supply chains. One example is the recent recall of baby...
Read MoreDark data – this refers to the data collected from the shop floor that remains untouched or used to improve manufacturing output in any way. The average enterprise’s leaves 90% of its data sets untouched...
Read MoreBeating the competition requires the ability to continuously evolve business processes to deal with disruption. Today, the manufacturing industry experiences a high level of disruption and competition across the globe continues to increase at an...
Read MoreRealizing the dreams of a fully automated factory floor starts with utilizing the structured and unstructured data captured from manufacturing processes. Once captured, data-producing sources and assets on the shop floor must be capable of...
Read MoreAs the adoption rate of digital transformation within the manufacturing industry increases, many still struggle with differentiating between digitization and digitalization. Although both terms sound similar, that’s where the similarities end. Many who use digitization...
Read MoreLess than a decade ago, the greatest minds in the field of simulation modeling, scheduling, and all things digital transformation came together and agreed to share their knowledge directly with individuals interested in their field....
Read MoreThere’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...
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