Growth & Innovation, Research & Development, Engineering, Operations, Manufacturing
Collaborative engineering tools are transformational for many organizations. In addition to reducing time to market, they reduce cost, eliminate errors, and create an environment of information sharing that is resulting in better products. The future will not only see greater improvements in cycle times but will also see a greater expansion of data analytics tools and larger teams to include suppliers and others in the organization, having an overall impact on the bottom line.
In today's business landscape, data and computer controls are at the center of how organizations operate. Your enterprise resource planning (ERP) system, manufacturing execution system (MES), financial planning system, human resources platform, customer relationship management (CRM) system, and payroll system are just a few of the key systems running your business. Every one of these systems is vulnerable and needs to be protected from cybersecurity threats.
While technology advancements surrounding connected devices and data analysis hurtle forward – and costs and barriers to entry generally are falling – some companies still feel as if they’re missing out on something, scrambling to get on the cutting edge.
It’s safe to say that the Industrial Internet of Things (IIoT) has crossed into the mainstream. In part 1 of this blog series on monetizing IIoT, we shared some findings from MAPI’s recent white paper, developed with PwC, which focused on where U.S. manufacturers currently stand in their adoption and development of IIoT technologies. One finding in particular said it all: nearly nine in ten survey respondents said they are currently offering or are in the process of developing IIoT products or services.
Corporate Affairs, Corporate Communications, Operations, Information Technology, IT Policies, Risk & Compliance, Corporate Security, Risk Management
Over the past few years, we have witnessed significant changes in the regulatory landscape for manufacturers doing business in Europe. One of the biggest changes concerns the implementation of the General Data Protection Regulation (GDPR), which will come into effect on May 25, 2018.
Growth & Innovation, Marketing, Pricing, Strategic Marketing, Product Management, Strategic Planning, Strategy Development, Corporate Strategy, Operations, Information Technology, IT Security
We are in the midst of the inescapable growth spurt of the internet of things (IoT) and the industrial internet of things (IIoT). One estimate puts the number of all globally connected devices at 8.4 billion, one-third of which are business and industrial products.
Growth & Innovation, Research & Development, Research, Innovation, Operations, Information Technology
Germany and the U.S. continue to drive innovation around the Industrial Internet. The two countries are economic powerhouses and they are keenly aware of the importance of internet connectivity for business applications. Yet their approaches to harnessing it differ, as I documented in a 2015 report. What’s changed since then?
Growth & Innovation, Research & Development, Research, Innovation, New Product Development, Operations, Manufacturing, Production
Virtual reality has many applications beyond video games, particularly for manufacturing. Companies are leveraging this technology for product development, prototypes, training, and factory floor layout. Ford and BAE Systems already have reputations for using virtual reality to shorten product design cycles and save costs.