Emerging trends to look for in a post-COVID world will be more reliable and resilient supply chains – not just more cost-effective ones. Supply chain regionalization also brings the acceleration of end-to-end value chain digitalization, enabling low-cost, flexible operations. Finally, the use of data and the application of advanced analytics like machine learning and artificial […]
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In 1958 Leonard E. Read wrote an essay that was to become one of the most famous – and eloquent – treatments of free market economics. Written somewhat jovially from the first-person perspective of an inanimate carbon(-filled) rod, that essay was I, Pencil. If you haven’t read it then I would urge you to or […]
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The Fourth Industrial Revolution is key to getting the global economy, and our lives, back on track Preventive measures implemented by countries worldwide to halt the Coronavirus (COVID-19) outbreak in its tracks are forcing us to make fundamental changes to how we live, from work to play, business to education, policymaking to legislation. How long […]
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The coronavirus COVID-19 pandemic has had a devastating and disruptive impact on cities and communities worldwide. From the loss of lives, interruption of essential day-to-day services, to disruption of the global economy, no one person, organization or country is spared. Local, regional, and national governments are urgently responding with varying degrees of effectiveness. As the […]
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The energy sector is in the grip of a radical transformation as renewables play an increasingly large role in the energy mix, transforming the nature of power supply and demand. To thrive in the new market conditions, power plant operators are looking to flexible power generation, and data is key to this new flexibility. Data […]
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Next generation technologies, such as the Internet of Things (IoT), artificial intelligence (AI), 5G, and data science, are poised to transform today’s cities into advanced smart cities. These cities are more resilient, safer, healthier, economically vibrant, and attractive to their residents, businesses and visitors. Despite these benefits, building a smart city is a complex multi-decade […]
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Connected technology is ushering in a new era of smart cities, which promises to improve the quality of life for billions of people around the world. Smart cities — which are using technology to make urban areas safer, more efficient, and more livable — represent the transformative power of the Internet of Things. Now, as […]
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To fully understand what Industrial IoT can do for operational efficiency, one must take a holistic view of its benefits. As previously discussed, Industrial IoT involves the connectivity of all aspects of a factory’s assets. This includes production equipment, inventory, supply chain, maintenance, quality and business operations. In past revolutions, specific linear progress was made […]
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Digital transformation of the global workplace has impacted every aspect of the way companies do business. Much has been made of how smart, connected technologies are working behind the scenes to ingest, blend, and analyze data 24 hours a day, empowering companies like never before to form closer relationships with their customers and partners, gather market […]
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Any connected device can be compromised. When we think of vulnerable devices, we immediately think of our phones, laptops, IoT devices, and even enterprise databases. We are moving into a world where our transportation system – cars, trucks, traffic lights, and trains – are becoming vulnerable as well. Before we go much further with this […]
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Technology change is constant in today’s world! This is true for manufacturing as well. Let’s talk about the relation between New Technology, ROI and Desired Future state and the key considerations for investment despite short term pains. Please look at Exhibit A. Consider a paradigm shift that occurred due to ERP-MES with the advent of […]
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Amit Agarwal is an Industrial Strategy Manager with EssilorLuxottica in the operations division and with experience in implementation of factory automation previously as Automation & IT Manager with the same company. He has 20 plus years of experience in Engineering, IT, Lean, Continuous Improvement and Strategy. He is especially passionate to implement the lessons learned […]
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