Tag: BigData

Manufacturing has emerged as one of the high growth sectors in India. India is expected to become the fifth largest manufacturing country in the world by the end of the year 2020. With a strong focus shown by the government towards enhancing the manufacturing sector of India with an ambitious goal of increasing the industry…

Though technology has helped us build smart systems or products, it can’t prevent them from breaking down. However, as long as we know when, where and how things will break, we can minimize losses and guarantee quality customer service.  As a result, successful manufacturers today leverage the power of digital transformation to reduce costs, improve…

Step 1- Identifying the right Assets Traditional Vs Digital Manufacturing Let me start by defining the difference between traditional vs digital manufacturing assets Having defined data as a primary asset, a majority of the manufacturing industry today are not able to place data as an asset but more as an afterthought. Data is collected at…

In the last two years, both the volume and number of data sources have increased by unprecedented rates. From combining statistics and other mathematical tools to business data in order to assess and improve practices to taking a deep dive into historical process data to identify patterns and relationships among discrete process steps and inputs…

According to IDC, a global market intelligence firm, by Dec 2017, two-thirds of the CEOs of Global 2000 companies will have digital transformation at the center of their corporate strategy.  While everyone seems to be talking digital transformation, only 10% of the global top companies claim that they are fully digital. Digital transformation in a…