Embracing Cultural Change, a Vital Part...

Manufacturing is shifting into the digital age, and it’s not only the technologies that are experiencing a transformation. Shifting from siloed and hierarchy-driven business practices to data-driven

MachineMetrics / Oct 08, 2019

How to Avoid Being the "Blockbuster" of...

Industries change generally for a few specific reasons: new technologies arise that present better solutions to people’s problems, people change in a way that presents new problems that require

MachineMetrics / Sep 25, 2019

The Relationship Between AI and Machine...

An interview with Lou Zhang, Chief Data Scientist, MachineMetrics While buzzwords such as predictive maintenance, artificial intelligence, digital twin and augmented reality have promised to enable

MachineMetrics / Sep 11, 2019

Industry 4.0 - a bright future

Graham Immerman Industry 4.0 / July 31, 2018

The numbers show that utilizing IoT and Industry 4.0 put businesses ahead of the competition. A recent study found companies that digitally transformed had 16% higher net margins than the industry standard. Forbes said, "IIoT technologies are becoming increasingly interdependent and involved in core business functions — and essential in supplying new value opportunities." It's time to consider implementing these technologies if you have not done so.

Recommended ReadThe Industrial Internet Of Things, Digitalization And The Future Of BusinessSource: http://www.forbes.com

It started with "every company is a technology company," moved to "every business is a digital business" and now I think we’re at "every industry is an internet of things (IoT) industry." The technology that powers an organization has become just as essential to success as the product or service a venture provides. Every sector -- from finance to agriculture to transportation to healthcare to government to media -- is subject to this truth. Business technology must now interconnect people with the proliferating devices, data and systems that populate our digitalized world via the internet. The type of infrastructure that enables a business to address this evolution is dubbed the industrial internet of things (IIoT), but it really isn’t a separate concern. It’s all part of the same movement pushing modern commerce into its future state. Read More

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