The big data has led the revolution of computational power in industrial manufacturing and spread the horizon of the market. It shows trends, reveal patterns, and relations of human behaviour and interactions. Industry giants like Apple, Tesla, Uber and Airbnb, have used it for the expansion into new big markets and used these trends to know the customer needs and making their products accordingly to grab the market share.
Benefit and Enablers of Deploying IoT SolutionAshish Saxena
The rise of the data-driven economy with IoT enables improved productivity, cost optimization, and new business models. We have highlighted the benefits and enablers of deploying an IoT solution.
Real-time information offers manufacturers
the ability to manage production in response
to the business environment, but its adoption
by the industry has been slow so far.
Airline Analytics: Decision Analytics Centers of ExcellenceBooz Allen Hamilton
Booz Allen's Decision Analytics Center of Excellence employs modeling and simulation, decision science, operations research, and quantitative analysis to deliver data-driven solutions that improve performance, optimize flows, and help stakeholders understand what and when events are likely to occur.
Smart Factories: How can manufacturers realize the potential of digital indus...Capgemini
A revolution in manufacturing is firmly underway. Infineon, a German semiconductor manufacturer, is investing
$105 million in the next five years in order to turn its Singapore plant into a smart factory. It took robots and
3D Printing to make Adidas bring back manufacturing to Germany. A leading fragrance maker in Switzerland
ramped up capacity by a third in the past three years, all through addition of robots.
To assess how manufacturers can drive most value from smart factories, we surveyed 1000 senior executives
of large companies across key sectors and countries.
Here are the key findings from the research:
The prize:
• Smart factories could add $500 billion to $1.5 trillion in value added to the global economy in
five years
• Manufacturers predict overall efficiency to grow annually over the next five years at 7 times the
rate of growth since 1990
• We estimate that smart factories can nearly double operating profit and margin for an average
automotive OEM manufacturer
The challenge:
• 76% of manufacturers either have a smart factory initiative that is ongoing or are working on
formulating it. And more than half of manufacturers (56%) have aligned $100 million or more
towards smart factories.
• However, only 14% of companies are satisfied with their level of smart factory success. Only 6%
of manufacturers are ‘Digital Masters’: at an advanced stage in digitizing production processes
and with a strong foundation of vision, governance and employee skills.
• Digital Masters outpace all other categories in realizing the benefits of smart factories
Learn about the current trends and future opportunities in Enterprise Apps. Organizations are planning to spend in apps such as ERP, CRM, SCM, PPM, BI, etc.
Cybersecurity in the Cloud: Safer Than You ThinkAppian
Listen to our podcast on cybersecurity in the cloud: https://ap.pn/2K0dQhS
The explosion of cloud computing has connected more people than anyone ever imagined. But the massive numbers of companies migrating to the cloud has also amplified the urgency of data security and regulatory compliance as well.
The skeptics get snagged on lingering assumptions that cloud technology is insecure. But it’s hard to be skeptical when the best cloud vendors may be more expert at cybersecurity than many inhouse IT administrators.
Perhaps the trust gap is perpetuated by the numerous data breach horror stories that litter the Web. But don’t let the cyber smash and grab headlines stop you from giving cloud the benefit of the doubt.
In our thought-provoking podcast, Malcolm Ross sat down with Appian Chief Information Security Officer, Omesh Agam to take a fresh look at how to keep your data, applications and infrastructure secure in the cloud. Listen now: https://ap.pn/2K0dQhS
The big data has led the revolution of computational power in industrial manufacturing and spread the horizon of the market. It shows trends, reveal patterns, and relations of human behaviour and interactions. Industry giants like Apple, Tesla, Uber and Airbnb, have used it for the expansion into new big markets and used these trends to know the customer needs and making their products accordingly to grab the market share.
Benefit and Enablers of Deploying IoT SolutionAshish Saxena
The rise of the data-driven economy with IoT enables improved productivity, cost optimization, and new business models. We have highlighted the benefits and enablers of deploying an IoT solution.
Real-time information offers manufacturers
the ability to manage production in response
to the business environment, but its adoption
by the industry has been slow so far.
Airline Analytics: Decision Analytics Centers of ExcellenceBooz Allen Hamilton
Booz Allen's Decision Analytics Center of Excellence employs modeling and simulation, decision science, operations research, and quantitative analysis to deliver data-driven solutions that improve performance, optimize flows, and help stakeholders understand what and when events are likely to occur.
Smart Factories: How can manufacturers realize the potential of digital indus...Capgemini
A revolution in manufacturing is firmly underway. Infineon, a German semiconductor manufacturer, is investing
$105 million in the next five years in order to turn its Singapore plant into a smart factory. It took robots and
3D Printing to make Adidas bring back manufacturing to Germany. A leading fragrance maker in Switzerland
ramped up capacity by a third in the past three years, all through addition of robots.
To assess how manufacturers can drive most value from smart factories, we surveyed 1000 senior executives
of large companies across key sectors and countries.
Here are the key findings from the research:
The prize:
• Smart factories could add $500 billion to $1.5 trillion in value added to the global economy in
five years
• Manufacturers predict overall efficiency to grow annually over the next five years at 7 times the
rate of growth since 1990
• We estimate that smart factories can nearly double operating profit and margin for an average
automotive OEM manufacturer
The challenge:
• 76% of manufacturers either have a smart factory initiative that is ongoing or are working on
formulating it. And more than half of manufacturers (56%) have aligned $100 million or more
towards smart factories.
• However, only 14% of companies are satisfied with their level of smart factory success. Only 6%
of manufacturers are ‘Digital Masters’: at an advanced stage in digitizing production processes
and with a strong foundation of vision, governance and employee skills.
• Digital Masters outpace all other categories in realizing the benefits of smart factories
Learn about the current trends and future opportunities in Enterprise Apps. Organizations are planning to spend in apps such as ERP, CRM, SCM, PPM, BI, etc.
Cybersecurity in the Cloud: Safer Than You ThinkAppian
Listen to our podcast on cybersecurity in the cloud: https://ap.pn/2K0dQhS
The explosion of cloud computing has connected more people than anyone ever imagined. But the massive numbers of companies migrating to the cloud has also amplified the urgency of data security and regulatory compliance as well.
The skeptics get snagged on lingering assumptions that cloud technology is insecure. But it’s hard to be skeptical when the best cloud vendors may be more expert at cybersecurity than many inhouse IT administrators.
Perhaps the trust gap is perpetuated by the numerous data breach horror stories that litter the Web. But don’t let the cyber smash and grab headlines stop you from giving cloud the benefit of the doubt.
In our thought-provoking podcast, Malcolm Ross sat down with Appian Chief Information Security Officer, Omesh Agam to take a fresh look at how to keep your data, applications and infrastructure secure in the cloud. Listen now: https://ap.pn/2K0dQhS
ML in GRC: Cybersecurity versus Governance, Risk Management, and ComplianceBigML, Inc
Some of these concepts (Cybersecurity, Governance, Risk Management, and Compliance) overlap and sometimes they can be confusing. This session helps us understand why those terms are key for any business to be successful.
Speaker: Jon Shende, Founding Investor at MyVayda.
*ML in GRC 2021: Virtual Conference.
MPG Engineering, Design, PLM, and Simulation Software Market Update - 2019Madison Park Group
We are pleased to present our review of the engineering software market for 2019.
Madison Park Group is a unique investment banking firm that takes a "strategy first" approach to advising software companies. Our partners have developed and advised numerous successful companies as operators, investors and investment bankers.
Ralph Verrilli, Michael Magruder, and Sean Stouffer spearhead the firm's efforts in the space.
5 Ways AI will Revolutionize Supply ChainsMoataz Rashad
This talk covers 5 use-cases in supply chain optimization where AI can have a revolutionary effect on maximizing margins. These include optimizing pricing, production efficiency, demand forecasting, and risk mitigation decisioning.
Our supply chain expert shares insights on how Industry 4.0 is enabling companies to create lasting competitive advantage, sustainably and financially. This paper explores the key pillars of today’s sustainable supply chain and what variables have impacted its rise. Key points:
Industry 4.0 advances are being powered by the Internet of Things in which factory “command centers” are tethered to the cloud, enabling real-time monitoring and demand-driven configuration.
To win in today’s market firms must also embrace big data in a way that stiches together fragmented, custom e-commerce orders with reactive, optimized supply chains and factory production.
An overview of a framework companies can use to deliver on Industry 4.0 to seize a competitive advantage in today’s uber-connected world.
Companies embracing the new era of sustainability not only help the environment through decreased energy usage, but also please shareholders via expanding enterprise value – economically and sustainably.
Getting Started in Big Data-Fueled E-Commercejradisson
Presentation to Outdoor Industry at the European Outdoor Summit, 17 October 2013 in Stockholm.
Abstract from the event program:
"Everywhere you turn these days there is a story on the promise of Big Data. Fact is, there is a wave of innovation in Big Data technologies under way that will affect our business. But are we really having a clear idea on how to use it to create new business?
Here in Europe, we're selling against Amazon, Google and other algorithmic commpetitors using spreadsheets and other manual methods. Nobody is talking about concrete use-cases or generating any new business value from Big Data. Until now.... Listen to Jason Radisson, in charge of a complex and forward looking initiative from Sport Scheck to grasp the huge untapped potential of tomorrow's e-commerce consumers."
The commercial real estate (CRE) industry has reached an inflection point - traditional business practices are succumbing to the market pressures of new technologies. Despite negative rhetoric around lagging adoption rates in CRE, we see professionals discovering clever ways to leverage data transparency and real-time collaboration. Still, as business processes respond to the influx of new solutions, the basic building blocks of the industry remain intact: research, due diligence, and relationships will always be the foundation of CRE.
At RealMassive, our strategy is predicated on innovating and collaborating with the industry, not disrupting it. We rely on the collective ingenuity of the market to inform our product roadmap, which is why we're excited for this particular report. We chatted with emerging and influential voices in the industry to collect their perspectives on the trends in data and technology that are enabling a new normal in CRE.
This ongoing conversation will take many different forms, beginning with this report which features industry professionals. Over time we expect to explore these topics by vertical, geography, and function so insights and evolution can be shared with a broader audience. We invite you to join us in this discussion which we hope will pervade business meetings, digital and social media, and industry events. Let us know your thoughts using the hashtag #CREcosystem.
Learn more via https://www.realmassive.com/about/influencer-report-realmassive-2016.
How Manufacturers Can Transform Around DigitalAppian
Read more about digital transformation for manufacturing >> http://ap.pn/2CZbGPY
The manufacturing industry is a beacon of innovation. Lean operational models got their start in the auto manufacturing sector. The Internet of Things is gaining some of its most prominent use cases across supply chains and production lines. Now, the need to transform around digital is becoming acute in manufacturing, and businesses the world over can learn lessons from what industrial organizations are doing.
Learn more about digital transformation for manufacturing >> http://ap.pn/2CZbGPY
BDVe Webinar Series: DataBench – Benchmarking Big Data. Gabriella Cattaneo. T...Big Data Value Association
This webinar presents the DataBench project. Gabriella Cattaneo (IDC) will provide ideas on how big data benchmarking could help organizations to get better business insights and take informed decisions.
Activating Big Data: The Key To Success with Machine Learning Advanced Analyt...Vasu S
A whitepaper of Qubole that How to make all of your data available to users for a multitude of use cases, ranging from analytics to machine learning and artificial intelligence.
https://www.qubole.com/resources/white-papers/activating-big-data-the-key-to-success-with-machine-learning-advanced-analytics
Big Data: Smart Technologies Provide Big OpportunitiesNAED_Org
Big data has garnered big-time buzz as an effective means to optimize business and measure success. This concise report provides an introduction to the elements of big data and how smart technologies are playing a big role in the information game.
Deep reinforcement learning for industrial process automation nicolas deruytterBluecrux
Are you familiar with the fascinating world of: Artificial Intelligence? Autonomous systems? Advanced Process Control? Machine Learning? Predictive Maintenance? This presentation features them all!
Presented by Nicolas Deruytter, Founder & CEO ML6 on Supply Chain 4.0 : ready to operate in the digital era? (29 Nov, 2018)
IT industry observers and long-time technology editors James Maguire and Chris Preimesberger share their predictions for enterprise IT in the year 2019. Hear their commentary at: http://bit.ly/2RZFhMA
The 2019 predictions cover artificial intelligence, Big Data, data center, cloud computing, and more.
Advanced Manufacturing – Solutions That Are Transforming the IndustryMRPeasy
Advanced manufacturing is on its way to transform the industry. And there are solutions in place already that could help even small manufacturers keep up in the rapidly changing business environments.
ML in GRC: Cybersecurity versus Governance, Risk Management, and ComplianceBigML, Inc
Some of these concepts (Cybersecurity, Governance, Risk Management, and Compliance) overlap and sometimes they can be confusing. This session helps us understand why those terms are key for any business to be successful.
Speaker: Jon Shende, Founding Investor at MyVayda.
*ML in GRC 2021: Virtual Conference.
MPG Engineering, Design, PLM, and Simulation Software Market Update - 2019Madison Park Group
We are pleased to present our review of the engineering software market for 2019.
Madison Park Group is a unique investment banking firm that takes a "strategy first" approach to advising software companies. Our partners have developed and advised numerous successful companies as operators, investors and investment bankers.
Ralph Verrilli, Michael Magruder, and Sean Stouffer spearhead the firm's efforts in the space.
5 Ways AI will Revolutionize Supply ChainsMoataz Rashad
This talk covers 5 use-cases in supply chain optimization where AI can have a revolutionary effect on maximizing margins. These include optimizing pricing, production efficiency, demand forecasting, and risk mitigation decisioning.
Our supply chain expert shares insights on how Industry 4.0 is enabling companies to create lasting competitive advantage, sustainably and financially. This paper explores the key pillars of today’s sustainable supply chain and what variables have impacted its rise. Key points:
Industry 4.0 advances are being powered by the Internet of Things in which factory “command centers” are tethered to the cloud, enabling real-time monitoring and demand-driven configuration.
To win in today’s market firms must also embrace big data in a way that stiches together fragmented, custom e-commerce orders with reactive, optimized supply chains and factory production.
An overview of a framework companies can use to deliver on Industry 4.0 to seize a competitive advantage in today’s uber-connected world.
Companies embracing the new era of sustainability not only help the environment through decreased energy usage, but also please shareholders via expanding enterprise value – economically and sustainably.
Getting Started in Big Data-Fueled E-Commercejradisson
Presentation to Outdoor Industry at the European Outdoor Summit, 17 October 2013 in Stockholm.
Abstract from the event program:
"Everywhere you turn these days there is a story on the promise of Big Data. Fact is, there is a wave of innovation in Big Data technologies under way that will affect our business. But are we really having a clear idea on how to use it to create new business?
Here in Europe, we're selling against Amazon, Google and other algorithmic commpetitors using spreadsheets and other manual methods. Nobody is talking about concrete use-cases or generating any new business value from Big Data. Until now.... Listen to Jason Radisson, in charge of a complex and forward looking initiative from Sport Scheck to grasp the huge untapped potential of tomorrow's e-commerce consumers."
The commercial real estate (CRE) industry has reached an inflection point - traditional business practices are succumbing to the market pressures of new technologies. Despite negative rhetoric around lagging adoption rates in CRE, we see professionals discovering clever ways to leverage data transparency and real-time collaboration. Still, as business processes respond to the influx of new solutions, the basic building blocks of the industry remain intact: research, due diligence, and relationships will always be the foundation of CRE.
At RealMassive, our strategy is predicated on innovating and collaborating with the industry, not disrupting it. We rely on the collective ingenuity of the market to inform our product roadmap, which is why we're excited for this particular report. We chatted with emerging and influential voices in the industry to collect their perspectives on the trends in data and technology that are enabling a new normal in CRE.
This ongoing conversation will take many different forms, beginning with this report which features industry professionals. Over time we expect to explore these topics by vertical, geography, and function so insights and evolution can be shared with a broader audience. We invite you to join us in this discussion which we hope will pervade business meetings, digital and social media, and industry events. Let us know your thoughts using the hashtag #CREcosystem.
Learn more via https://www.realmassive.com/about/influencer-report-realmassive-2016.
How Manufacturers Can Transform Around DigitalAppian
Read more about digital transformation for manufacturing >> http://ap.pn/2CZbGPY
The manufacturing industry is a beacon of innovation. Lean operational models got their start in the auto manufacturing sector. The Internet of Things is gaining some of its most prominent use cases across supply chains and production lines. Now, the need to transform around digital is becoming acute in manufacturing, and businesses the world over can learn lessons from what industrial organizations are doing.
Learn more about digital transformation for manufacturing >> http://ap.pn/2CZbGPY
BDVe Webinar Series: DataBench – Benchmarking Big Data. Gabriella Cattaneo. T...Big Data Value Association
This webinar presents the DataBench project. Gabriella Cattaneo (IDC) will provide ideas on how big data benchmarking could help organizations to get better business insights and take informed decisions.
Activating Big Data: The Key To Success with Machine Learning Advanced Analyt...Vasu S
A whitepaper of Qubole that How to make all of your data available to users for a multitude of use cases, ranging from analytics to machine learning and artificial intelligence.
https://www.qubole.com/resources/white-papers/activating-big-data-the-key-to-success-with-machine-learning-advanced-analytics
Big Data: Smart Technologies Provide Big OpportunitiesNAED_Org
Big data has garnered big-time buzz as an effective means to optimize business and measure success. This concise report provides an introduction to the elements of big data and how smart technologies are playing a big role in the information game.
Deep reinforcement learning for industrial process automation nicolas deruytterBluecrux
Are you familiar with the fascinating world of: Artificial Intelligence? Autonomous systems? Advanced Process Control? Machine Learning? Predictive Maintenance? This presentation features them all!
Presented by Nicolas Deruytter, Founder & CEO ML6 on Supply Chain 4.0 : ready to operate in the digital era? (29 Nov, 2018)
IT industry observers and long-time technology editors James Maguire and Chris Preimesberger share their predictions for enterprise IT in the year 2019. Hear their commentary at: http://bit.ly/2RZFhMA
The 2019 predictions cover artificial intelligence, Big Data, data center, cloud computing, and more.
Advanced Manufacturing – Solutions That Are Transforming the IndustryMRPeasy
Advanced manufacturing is on its way to transform the industry. And there are solutions in place already that could help even small manufacturers keep up in the rapidly changing business environments.
In today’s globalized, competitive marketplace, being able to leverage technology to deliver faster turnaround times, meet lower pricing goals and provide customizable options can mean the difference between sustainability and irrelevancy. In this ebook, we’ll explore some of the leading solutions transforming the manufacturing industry:
- Automation for cost savings
- 3D printing for improved productivity
- Smart data for quality assurance
- Connectivity for safety and communication
- Security solutions to protect it all
Learn more: http://ms.spr.ly/6006Twegg
Beyond PLM enabling Live Engineering - Digital Engineer 2016John McNiff
PLM and Live Engineering article from the Digital Plant and Economic Engineer publications. Discusses next generation of PLM for smart connected products and embedded software.
The industrial sector was always skeptical about the potentials of cloud computing and its capabilities to overcome the challenges of the manufacturing industry. Now the manufacturing sector have largely accepted cloud solutions that is depicting a paradigm shift for manufacturers striving for smarter IT enterprise and business processes.
TCIOceania15 Advanced Manufacturing - Opportunities and Risks
Manufacturing And Warehousing News — April 14 2014
1. Manufacturing And Warehousing News — April 14 2014
By Trisha Leon, contributing writer
In the news, additive manufacturing will enable MRO shops to "print" the parts they need. Also
manufacturers are optimistic about the benefits of Big Data -- MESA International will release the
results of the "Metrics That Matter" survey on April 16.
Additive Manufacturing Could Be In MRO Shops' Future
Matthew Bromberg, Pratt & Whitney's president of aftermarket, predicts that in the future,
maintenance, repair, and overhaul (MRO) shops will speed up repairs and reduce stored inventory
with additive manufacturing -- shops will "print" needed parts. In an Aviation Week article, he says,
"It will work. It will be efficient. It's the way the industry will go." The technology is in its early
stages -- only 10 years old -- but its applications are expected to grow exponentially. General Electric
is at the forefront of bring this capability to market and has reported a 25 percent weigh reduction
in Leap nozzles, which they plan to move into full production with by 2015-16. While certification
remains a hurdle, particularly for safety-critical parts, the issues are solvable.
Manufacturers Find Value In Big Data
Manufacturers have a new tool in harnessing the huge amounts of data flowing through their
organizations. A Manufacturing Business Technology article cites preliminary results of the LNS
Research and MESA International 2013-2014 "Metrics that Matter" survey. ?With Big Data
manufacturers hope to better forecast and overall increase production by finding correlations
between customer data, scheduling, and maintenance, which could lead to greater operational
efficiency, better anticipation of order lead times, shorter asset/machine downtimes, and more
effective materials purchasing and WIP decisions. The positive response from manufacturers
indicates that they view Big Data as a game-changing capability that will, along with ERP, PLM,
MOM, MES, mobility, and cloud technology, aid them in understanding data and, ultimately,
improving their bottom line.
Wednesday Webcast Features "Metrics That Really Matter" Survey Results
MESA International, a global not-for-profit industry association will be sharing the findings of a five-
month research study on manufacturing performance improvements in a webcast entitled: "2013-
2. 2014 Manufacturing Metrics that Really Matter," on Wednesday, April 16. The webcast is targeted
at manufacturing executives, manufacturing IT professionals, continuous improvement team
members, and plant managers/supervisors seeking to improve and optimize their business
performance. "MESA's point of view is that metrics do matter to manufacturers' success, and that
manufacturing matters to the global economy," says Julie Fraser of MESA International.
Can Real-Time Data Analysis Increase Efficiency, Cut Costs?
An Automation World article reports companies collect data to investigate aspects of quality,
efficiency, productivity, and personnel costs. This information, though, refers to the past: last shift,
last day, last week, or last month. Luigi De Bernardini, CEO of Autoware, asks, "is looking to the past
truly the best way to increase efficiency?" With real time information, manufacturers can recognize
the onset of any problem and be able to intervene and reduce the possibility of compromising the
production target. By implementing "bottom-up" projects, manufacturers will collect information in
real time and see efficiency gains translated into significant cost savings that allowed the client to
repay the cost system with unexpected rapidity.
DiCentral Acquires On-Demand WMS
DiCentral, a provider of supply chain management solutions and business-to-business (B2B)
integration, and JDA Software Group, announce that DiCentral Systems purchased JDA's cloud-based
On-Demand Warehouse Management Systems. According to Ann Grakin, CEO of ChainLink
Research, "Warehouse management continues to be a critical function in the global supply chain.
Many innovations continue to be introduced to enhance operational capabilities, as well as allow
those who manage the warehouse to introduce new services to their customers and partners."
Manufacturing And Warehousing IT Talking Points
In Supply Chain Digest, Gana Govind, president of Softeon says, though benefits of software in the
cloud are becoming widely understood, the market has seen relatively slow penetration of cloud
warehouse management systems (WMS). Some reasons may be: the largest WMS providers have
been slow to embrace cloud offerings, cloud-focused WMS solutions have had limited functionality,
WMS concerns about system response time, and lack of IT resources. But the market has changed,
making available cloud WMS solutions that can successfully manage and optimize the same complex
data centers as any traditionally deployed system. These along with improving internet speed are
knocking down barriers to cloud-based WMS adoption.
For more news and insights, visit BSMinfo's Manufacturing And Warehousing Tech Center.