Smart Data Collective

APRIL 24, 2022

AI is changing the future of the manufacturing sector. According to one survey, 76% of manufacturing companies have either deployed AI or are in the process of developing an AI system to use in the near future. More and more the interaction between humans and machines becomes a hot topic in the manufacturing world. Ergonomics.

Manufacturing 112

Manufacturing Cost-Benefit Interactive Data-driven 112

CIO Business Intelligence

OCTOBER 1, 2022

(P&G) has grown to become one of the world’s largest consumer goods manufacturers, with worldwide revenue of more than $76 billion in 2021 and more than 100,000 employees. In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. Smart manufacturing at scale.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JULY 5, 2023

This supply chain—which spans from research and development to manufacturing, to the end use of the tiny chips that enable devices from cars to cell phones—has historically been volatile, easily swinging from surpluses to shortages due to geopolitical and global economic factors. CHIPS Act and the EU Chips Act.

Risk 96

Risk Manufacturing Cost-Benefit Data Processing 96

CIO Business Intelligence

JULY 17, 2023

When Carl Zeiss produced his microscope prototype years earlier, he created a high standard for precision and quality, using the most advanced, efficient manufacturing processes of the time. And there was another innovation waiting for the ZEISS Group: an intelligent manufacturing solution with digital documentation capability from SAP.

Manufacturing 98

Manufacturing Snapshot Uncertainty Digital Transformation 98

Smart Data Collective

JUNE 19, 2022

AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better. All companies require complex relationships with various suppliers and service providers to develop the products and services they offer to clients and customers — but those relationships always carry some risk. Failure or Delay Risk.

Risk 134

Risk Cost-Benefit Risk Management Manufacturing 134

CIO Business Intelligence

JANUARY 24, 2024

When you look at other industries like manufacturing and services, productivity has continually increased, whereas business productivity in construction has remained fairly flat.” Our analytics capabilities identify potentially unsafe conditions so we can manage projects more safely and mitigate risks.” Hire the right architects.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

datapine

MAY 31, 2022

This increases the risks that can arise during the implementation or management process. The risks of cloud computing have become a reality for every organization, be it small or large. The next part of our cloud computing risks list involves costs. One of the risks of cloud computing is facing today is compliance.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

IBM Big Data Hub

JUNE 19, 2023

By sourcing materials and labor from countries with lower labor and manufacturing costs, businesses were able to capitalize on the economic boom, produce more goods and services, and minimize their costs. Learn more about supply chain solutions The post Reshoring: The risks of swinging the pendulum too far appeared first on IBM Blog.

Risk 77

Risk Manufacturing Reporting Modeling 77

Smart Data Collective

AUGUST 19, 2023

Risk is an ever-present companion in the world of finance. Understanding and managing risk is critical whether you are an individual investor , a financial institution, or a multinational organization. Credit risk is one of the most critical hazards that banks and financial organizations face.

Risk 87

Risk Data Analytics Analytics Finance 87

IBM Big Data Hub

JUNE 29, 2023

Manufacturing has undergone a major digital transformation in the last few years, with technological advancements, evolving consumer demands and the COVID-19 pandemic serving as major catalysts for change. Here, we’ll discuss the major manufacturing trends that will change the industry in the coming year. Industry 4.0

Manufacturing 54

Manufacturing Internet of Things Cost-Benefit Digital Transformation 54

Alation

MAY 12, 2022

Or, rather, every successful company these days is run with a bias toward technology and data, especially in the manufacturing industry. technologies, manufacturers must deploy the right technologies and, most importantly, leverage the resulting data to make better, faster decisions. Manage data effectively and efficiently. Here’s how.

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

CIO Business Intelligence

DECEMBER 15, 2022

PET is a major industrial polymer used to manufacture the polyester fibers used in clothing, plastic bottles, and much more. About four years ago, IVL expanded the use of risk acceptance at its PNO facility in Texas to establish next-inspection plans. As such, it is the most widely recycled plastic in the world.

Risk 98

Risk Digital Transformation Software ROI 98

Jet Global

APRIL 27, 2023

Tax teams of multinational enterprises (MNEs) in the manufacturing industry face increasing challenges to manage business and market risks effectively. These changes create an ever-increasing demand on manufacturing tax departments to report on cross-border situations and transactions.

Manufacturing 52

Manufacturing Marketing Reporting Experimentation 52

CIO Business Intelligence

NOVEMBER 20, 2024

This SLM helps frontline workers in manufacturing troubleshoot food and beverage assets. It provides factory floor workers and engineers with recommendations, explanations, and knowledge about specific manufacturing processes, machines, and inputs.

Manufacturing 75

Manufacturing Marketing Modeling Finance 75

IBM Big Data Hub

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 76

Risk Management Risk Management Measurement 76

CIO Business Intelligence

APRIL 16, 2024

With the emergence of GenAI capabilities, fast-tracking digital transformation deployments are likely to change manufacturing as we know it, creating an expanding chasm of leaders versus followers, the latter of which will risk obsolescence. Accelerated edge devices and IT/OT convergence capabilities are vital in manufacturing.

Manufacturing 142

Manufacturing Digital Transformation Risk Dashboards 142

CIO Business Intelligence

OCTOBER 24, 2023

However, OT systems are present on the networks of nearly every organization, as they also include systems such as building management systems, fire control systems, physical access control mechanisms, HVAC systems, medical devices, and manufacturing equipment, to name a few. If you aren’t sure, you aren’t alone.

Risk 83

Risk Manufacturing Digital Transformation Management 83

CIO Business Intelligence

SEPTEMBER 23, 2024

For sectors such as industrial manufacturing and energy distribution, metering, and storage, embracing artificial intelligence (AI) and generative AI (GenAI) along with real-time data analytics, instrumentation, automation, and other advanced technologies is the key to meeting the demands of an evolving marketplace, but it’s not without risks.

Manufacturing 122

Manufacturing Internet of Things Metadata Risk 122

3AG Systems

APRIL 4, 2023

While written in the early 16th century, many of its lessons remain relevant, especially when considering the challenges of digital transformation within the manufacturing industry. As a manufacturing leader, are you open to embracing new technologies such as AI, robotics, and advanced analytics? Are You Building Strong Alliances?

Digital Transformation 40

Digital Transformation Manufacturing Risk Strategy 40

FineReport

SEPTEMBER 5, 2021

Under this situation, production dashboard seems vital for companies to command their manufacturing operations. Production dashboard, also known as manufacturing dashboard, belongs to KPI dashboards but more targets on manufacturing indicators. Manufacturing command room dashboard. What is a production dashboard?

Manufacturing 52

Manufacturing Dashboards Optimization KPI 52

Sisense

JANUARY 13, 2020

The modern manufacturing world is a delicate dance, filled with interconnected pieces that all need to work perfectly in order to produce the goods that keep the world running. In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing.

Manufacturing 52

Manufacturing Data Lake Data Warehouse Big Data 52

3AG Systems

APRIL 3, 2023

The manufacturing sector is changing rapidly, fueled by the demand for real-time data, shop floor predictability, and data-driven decision-making. They enable manufacturers to visualize, predict, and optimize plant operations with minimized risk and increased reliability. By continuously. Read More

Manufacturing 40

Manufacturing ROI Data-driven Optimization 40

CIO Business Intelligence

MAY 24, 2022

Epicor Software has added new automation capabilities to Kinetic, its cloud-based ERP application for manufacturing, and Prophet 21, its software for distribution companies. So far, only two of Epicor’s ERP applications include Automation Studio: Kinetic for manufacturing and Prophet 21 distribution. Code merge.

Manufacturing 97

Manufacturing IT Cost-Benefit Enterprise 97

Cloudera

SEPTEMBER 11, 2020

The ongoing disruption to critical supply chains in both the manufacturing and retail space has seen businesses having to respond quickly, turning to data, analytics, and new technologies to better predict and manage ‘real-time’ business disruptions. . Supply-side. Automation opportunities.

Manufacturing 91

Manufacturing Forecasting Digital Transformation Sales 91

3AG Systems

MARCH 21, 2023

Digital transformations hold the promise of improved efficiency, enhanced customer experiences, and increased competitiveness in the manufacturing industry. In this article, we will explore four ways mid-size manufacturers can combat these challenges and successfully implement digital transformation initiatives. Read More

Digital Transformation 40

Digital Transformation ROI Manufacturing Internet of Things 40

3AG Systems

JUNE 25, 2020

Whatever the cause, such data breakdowns can cause serious damage to manufacturers’ bottom lines. When it comes to keeping people informed so they can work more effectively, we don't sugar-coat our observations or advice. They limit operations data to the factory floor Everyone now understands the importance of data-driven operations.

Manufacturing 64

Manufacturing Data-driven Dashboards Sales 64

CIO Business Intelligence

SEPTEMBER 13, 2024

Its innovative factory automation, RFID scanning, and consolidation of seven warehouses into one building has vastly improved the efficiency of components distribution and has sped up delivery to the company’s manufacturing division. LCS has resolved many efficiencies plaguing Applied Materials’ expanding manufacturing process.

Manufacturing 123

Manufacturing Cost-Benefit Testing Interactive 123

CIO Business Intelligence

OCTOBER 16, 2024

Edge computing can reduce latency, lower cost, and lower data exposure risks.” And according to Fortalice Solutions’ Payton, moving data processing closer to where it’s created is especially beneficial for applications that require immediate action and real-time insights, whether in retail, manufacturing, or customer experiences.

Cost-Benefit 143

Cost-Benefit Manufacturing Data-driven Optimization 143

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Yet harnessing the corre ct data, turning that into manufacturing savvy, and achieving smart decisions from it are complex and overwhelming task s. Or reporting across multiple manufacturing units? .

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. Security is paramount for the core infrastructure that supports manufacturing and industrial operations.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

Jet Global

MARCH 4, 2020

What Is A Manufacturing KPI? A manufacturing Key Performance Indicator (KPI) or metric is a well defined and quantifiable measure that the manufacturing industry uses to gauge its performance over time. Why Your Company Should Be Using Manufacturing Specific KPIs to Stay Competitive. How to Build Useful KPI Dashboards.

Manufacturing 80

Manufacturing Metrics Reporting KPI 80

Jet Global

NOVEMBER 19, 2020

2020 brought with it a series of events that have increased volatility and risk for most businesses. Let’s look at some of the key risk categories that are often encountered by growing businesses. Credit Risk. An area of particular concern is credit risk concentration. Revenue Concentration Risk.

Risk 98

Risk Reporting Enterprise Sales 98

Smart Data Collective

JUNE 19, 2019

The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse. Tips for Improving Risk Management When Handling Big Data. Risk management is a crucial element of any successful organization.

Risk Management 72

Risk Management Risk Management Big Data 72

Jet Global

DECEMBER 21, 2020

In the more modern terminology of business, we could rephrase that to say “be careful about concentration risk.”. When an organization is too reliant on one company or market segment to drive revenue or ensure an adequate product supply, it creates concentration risk. Vendor Concentration Risk. Fourth-Party Concentration Risk.

Risk 98

Risk Sales Reporting Forecasting 98

3AG Systems

APRIL 19, 2021

Inventory management is important for the success of any manufacturer. For many young, scaling manufacturing businesses, it’s also a challenge — one that automation can help overcome. What is manufacturing inventory management? partly produced goods) and finished goods.

Manufacturing 52

Manufacturing Management IT Sales 52

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Verticals and related subverticals include manufacturing, food and beverage, hospitality, healthcare, distribution and retail. The results can be used to uncover the source of bottlenecks, delays, unseen risks and unnecessary workloads that, in turn, allows organizations to institute improvements.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

DECEMBER 5, 2023

In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report. Why is this sector at such risk? Manufacturers also face a lack of skilled employees who can manage these converged environments.

Technology 105

Technology Strategy Manufacturing Digital Transformation 105