Retail and the Consumer
Innovate Digital Services To Accelerate Business Growth and...
Avoid Being the Next Casualty in the Retail Apocalypse
Your Next Law Firm Website Project
Was Darwin Wrong About Retail?
Richard Heyman, SVP & CIO, Gordmans [NASDAQ:GMAN]
e-Commerce Solutions to Satisfy Customer's Needs
AJ Agrawal, CEO, Alumnify
The Emerging Role of an Ecommerce CIO
Nicholas Pendrous, COO, Dotcom Distribution
To Minimize Risk, Take an MVP Approach to B2B Commerce
Craig Traxler, Partner, Avionos
Thank you for Subscribing to CIO Applications Weekly Brief
The Importance of Digital Transformation in Manufacturing
IoT allows you to connect various types of devices from anywhere via the internet to perform tasks automatically and make real-time decisions based on the data at hand
Fremont, CA: The Covid-19 crisis has significantly accelerated digital transformation in manufacturing, as businesses have had to adjust to supply chain disruptions, remote work, as well as new delivery methods. If the manufacturing industry as a whole learned anything in the year 2021, it is that investing in and adopting new technologies is not a simple yes or no when it comes to streamlining processes and making sure business survival. The latest technologies are assisting manufacturers in lowering costs, optimizing processes, improving product quality, and increasing overall workforce productivity. There’s no doubt that many companies have started to realize the long-term benefits of digital transformation. If companies plan to go digital as well, one will benefit greatly from it. This article will discuss some of the reasons why a manufacturing companies should invest in digital transformation, as well as the top trends to look out for in 2022.
Big Data and Predictive Analytics
With the advancement of technologies such as IoT, businesses are heavily investing in their cloud-based capabilities and developing infrastructure capable of collecting data from every stage of the manufacturing process. Having data on hand will allow employers to re-evaluate their strategies and gain a clear and timely understanding of their business. Nevertheless, having data is one thing; making it meaningful and useful is quite another. As a result, collecting real-time data from every device in the plant is required to predict when a specific device might go off and when it might still need to be connected. Predictive analytics assists in avoiding downtime and managing the plant more effectively.
IoT is not a new concept, but it is still popular in 2020 and will be for the foreseeable future. IoT is now being used all over the world, and businesses realize its significance. IoT allows you to connect various types of devices from anywhere via the internet to perform tasks automatically and make real-time decisions based on the data at hand. With the help of IoT, companies can manage the supply chain, identify the quality of the parts, the source of any defect during production, ensure employee safety, and perform a variety of other functions.