The role of Industrial Analytics in driving Manufacturing Transformations
As global competitive pressures have driven changes and higher expectations for manufacturing organizations, enterprise technology in manufacturing must respond at an accelerated pace today. Largely the result of fundamental changes enabled by transformative technologies, new and novel opportunities for industrial organizations are looming. This provides the capacity to leverage and use operational data and systems for new opportunities, as well as allowing operations to be more competitive in their markets and more responsive to their customers.
The widespread use of smart sensors and devices and the acceleration of interest and adoption in industrial IoT and digital transformation initiatives have spurred innovation throughout the entire manufacturing ecosystem. Research by ARC Advisory Group highlights just how far manufacturers have come over the past few years, and where they are headed.
Key takeaways from this white paper include:
- Data being generated in the manufacturing industry is increasing – at the edge, on-premise, and in the cloud
- Industry 4.0 (some call it Manufacturing 4.0) cyber-physical systems provide an opportunity to drive business transformation
- A digital innovation foundation can accelerate use cases that drive transformational outcomes and enable manufacturing personnel to become agents of change and bridge the IT/OT gap
- The 4Ms offers opportunities to drive new insights and transformative use cases that can become a source of new competitive advantage
For more resources on IIoT/analytics on our website, click here.