Author Archives: Louis Columbus
Manufacturing Needs Smart Machines To Grow
Industrial Internet of Things (IIoT) presents integration architecture challenges that once solved can enable use cases that deliver fast-growing revenue opportunities. ISA-95 addressed the rise of global production and distributed supply chains yet are still deficient on the issue of
... ContinuedIIoT In Manufacturing Update
Global spending on IIoT Platforms for Manufacturing is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. IIoT platforms are beginning to replace MES and related applications,
... ContinuedThe Ultimate Guide to Manufacturing Software
Bottom Line: The majority of manufacturers are prioritizing shop floor productivity as their most valuable growth strategy, relying on manufacturing software to be the catalyst to get them there. What is Manufacturing Software? Best defined by its many benefits, manufacturing
... ContinuedIndustry 4.0’s Potential Needs To Be Proven On The Shop Floor
99% of mid-market manufacturing executives are familiar with Industry 4.0, yet only 5% are currently implementing or have implemented an Industry 4.0 strategy. Investing in upgrading existing machinery, replacing fully depreciated machines with next-generation smart, connected production equipment, and adopting
... ContinuedMRP vs ERP – What’s the Difference?
The progression manufacturers are making from MRP to ERP has its basis in how diversified their product lines have become in response to customers’ need for more versatile, configurable and customizable products. Many manufacturers got their start producing the same
... ContinuedThe Era of Manufacturing Process Automation Is Here
61% of manufacturers are making large-scale operational improvements to their shop floors, including manufacturing process automation systems in 2019 to continue the strong growth they achieved in 2018. Improving shop floor productivity is 1.4 times more important to manufacturers than
... ContinuedTop 10 Predictions for Manufacturing CIOs In 2019
Manufacturing CIOs are now expected to be business strategists first, technical experts second as many are expected increase IT’s contributions to growth. CIOs and their teams who are the most adept at integrating analytics, Business Intelligence (BI), real-time monitoring, and
... ContinuedTop 10 Manufacturing Trends For 2019
Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. Manufacturers who excel at orchestrating analytics, Business Intelligence (BI),
... Continued7 Tips To Consider When Selecting an MES Solution
Manufacturing Execution Systems (MES) enable supply chain networks and manufacturing to stay synchronized, scale and flex to fluctuations in demand. The best MES implementations bring greater accuracy, control, scale, and speed to shop floors and are one of the strongest
... ContinuedManaging Warehouse Management Systems (WMS) For Future Growth
Bottom Line: It’s time to transition the role of warehouses from cost centers to revenue centers that support new digitally enabled supply chains and business models that require greater accuracy, speed, and scale than ever before. A Warehouse Management System is
... ContinuedMES Delivers Aggressive Intelligence That Drives Manufacturing Growth
Bottom Line: Analytics, Business Intelligence (BI) and real-time monitoring are revolutionizing every aspect of Manufacturing Execution Systems (MES), from production planning and scheduling, shop floor controls, production reporting and quality. One of the best strengths any manufacturer can strive to
... ContinuedScaling Digital Manufacturing From Pilot To Production
92% of all manufacturers say they are either on the same level as or ahead of their peers when it comes to Digital Manufacturing. 68% of manufacturers are making Digital Manufacturing their highest priority today. Analytics for quality management and
... Continued10 Ways Real-Time Monitoring Is Revolutionizing Manufacturing
Bottom Line: Data and the intelligence it delivers are revolutionizing manufacturing, making real-time data the new currency supplier networks need to thrive and grow on. A Vice President of Operations for a leading supplier for medical products manufacturer told me
... ContinuedReal-Time Monitoring Fuels IoT Growth In Manufacturing
72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. 69% are relying on real-time monitoring to increase the accuracy of tracking production time, downtime, total parts created, rejects and parts remaining to be
... Continued5 Technology Trends Manufacturers Are Relying On For Growth in the Second Half of 2018
Advanced analytics spending globally is predicted to grow from $136B in 2016 to $232B in 2021, attaining an 11.3% Compound Annual Growth Rate (CAGR) according to a recent study by Deloitte. 86% of the top 100 companies in R&D spending
... Continued