manufacturing
How Blockchain Can Improve Manufacturing In 2019
The business value-add of blockchain will grow to slightly more than $176B by 2025, then exceed $3.1T by 2030 according to Gartner. Typical product recalls cost $8M, and many could be averted with improved track-and-traceability enabled by blockchain. Combining blockchain and
... ContinuedCleanroom Manufacturing Strategies That Pay
Bottom Line: Cleanrooms that rely on ERP systems to track the many costs, activities, and revenues associated with their operation have the potential to deliver a higher ROI by increasing the average machine rate per hour, average markups and profit
... ContinuedManufacturing Gains From Machine Learning
Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Reducing supply chain forecasting errors by 50% and lost sales by 65% with better product availability is achievable with machine learning.
... ContinuedManufacturing 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,
... ContinuedTop 10 Greatest Challenges Manufacturing CIOs Will Face In 2018
Chief Information Officers (CIOs) in manufacturing are facing an inflection point today defined by challenges to growth and opportunities to improve quality. Driving the inflection point are the many opportunities to grow revenue and improve operations, as the data points
... ContinuedFour of the Most Haunted Manufacturing Facilities in the U.S.
Let’s be honest: Old manufacturing facilities are creepy. Relics of a rapidly disappearing industrial past, giant dilapidated plants can be found throughout the United States. The eerie shop floor interiors, row after row of columns supporting vacant warehouses and abandoned
... Continued