Sometimes the possibilities can seem overwhelming. When you're trying to work on Industry 4.0 initiatives and get stuck in all the information - what do you do? Deloitte says many companies feel this way with 29% of executives reporting they need to define decision making processes better. Forbes said, "The key is the balance of seeking the information needed, and then feeling confident to make a decision. Similarly, it is essential to incorporate strong data analysis into decision making." Essentially, you need actionable, concise, and clear data to help you make a confident decision.
Industry Week says a question you should always be asking yourself is, "Who else can use this data?" They are absolutely right. So much of the data that is collected never goes to good use. Industry W...
While it's understandable that you might want to complete your Industry 4.0 initiatives as soon as possible, when you accelerate the process you could run into some problems. One major roadblock could...
Data is the base of manufacturing and making informed decisions. Industry Week said, "The advent of digital processes and growth of data as an asset has other, profound implications for manufacturing....
It's good to be concerned about cybersecurity. There are absolutely security threats when you implement industry 4.0, but you can manage them! Be sure that your systems are updated and your files are ...
Solving problems is easier when you prepare! Sometimes some road bumps come along when implementing Industry 4.0, but if you take the time to prepare they should be fairly easy to deal with. The main ...
Industry 4.0 technology may already feel like the future, but there are so many more possibilities out there! Technology Decisions said, "The leaps in technological advancements, analytics, visibility...
Many can agree that implementing Industry 4.0 can be scary and intimidating, but with the right attitude and resources it can be a huge success! Don't be afraid to start small. See how it works for yo...
Good manufacturing practices are about cutting cost to increase profit. An even better manufacturing strategy is cutting costs in the right places. Manufacturing Global said, "Producing quality goods ...
