Big data must be contextualized to be useful. The right platform is capable of executing this in real time — but that’s only the beginning.
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Until the third industrial revolution, manufacturing was one of the most stable sectors with age-old processes still in place. Now, with the emergence of new technologies, new consumer demands, and new operational models, digital transformation is sweeping across the manufacturing sector.
Consider, for instance, that 86% of the top 100 companies investing in research and development are manufacturers in all industries. Key areas of interest include advanced analytics, operational optimization, cloud computing, 3D modeling and product simulation, and the Industrial Internet of Things (IoT).
Together, this has led to an “Industry Renaissance” where real-world factories and manufacturing processes are being optimized by virtual experiences, making way for “Smart Factories”.
Manufacturers have become more operationally resilient with expanded operational optimizations, lean manufacturing and safety measures. Take a look at the following case studies for some powerful examples of how other companies are reaping the rewards of greater efficiency, faster innovation, and happier customers.
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