The Internet of things technology is revolutionizing industries across the board. Businesses are thriving to their full potential with IoT-based solutions. This increases productivity. As the services are more quality-based than quantity, customers have been extremely satisfied. How are different industries making this possible? It…
A recent, somewhat alarmist, newspaper article warned that the lives of millions of people were at risk because of a cyberattack at one the largest hospital chains in the United States. Click-baity? Yes. But is this scenario a real risk? Definitely. Cybercrime is a real…
The Internet of Things connects people, products, and places. Therefore, it brings about opportunities for value creation as well as capture. IoT analytics uses data created by millions of devices to turn insights into critical action. It can have a drastic impact on business processes…
The pandemic and its resulting disruption have highlighted the weaknesses in traditional manufacturing best practices. Clearly, what many organizations believed to be best practices were not actually the best when faced with events like COVID-19. Consequently, the industry best practices are evolving. Here are six…
Managers need to know what happens at every stage of the production process. Also, they need to make all kinds of decisions, from how much raw material to purchase to calculate delivery time. Automated production tracking provides the information necessary to improve processes, reduce costs,…
Industries across the board use the Internet of Things to help increase efficiency and value in their supply chains and logistics operations. IoT-enabled asset tracking, as an example of a factory automation system, allows businesses to know the location and condition of assets at any…
The first pandemic wave impacted the majority of workers in the manufacturing sector. A variety of factories and plants across the country experienced large-scale clusters of outbreaks that caused concern and worry among workers and the general public. Worker safety became the number one concern…
Thanks to the explosion of IoT (Internet of Things), artificial intelligence, and machine learning, manufacturing companies are fast turning to smart manufacturing. The first step to becoming a smart factory is to understand the benefits of data collection and implement a real-time data collection system….
Different industries pioneer change in a world that is in constant flux. They innovate, reinvent themselves, and try to find different strategies to deal with change. For example, after the pandemic, many businesses went digital and manufacturing companies were not the exception. Also, many turned…