Tag: Data Driven Manufacturing

What is your MIDAS?

Overview “Today 83% of Indian manufacturing industry lies in the ‘Business Digitization’ phase, and is yet to reach the ‘Tipping point’ for ‘Digital Transformation’ – which only commences after the Process Digitalization stage ”– CII-GS Lab Report The Indian manufacturing industry is gearing up to increase its digital footprint to achieve higher efficiency & increased…

Predictive Maintenance & Asset Management With Advanced Data Analytics

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…

3 Step Guide For Manufacturing To Adopt Data-Driven Mindset

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…