article thumbnail

How manufacturers can enable innovation on the factory floor

SYSPRO Smarter ERP

A practical way that manufacturers can do so is firstly through using data in more comprehensive ways and secondly by embracing digitization to optimize their operations for the future. Optimizing the use of data for manufacturers. Obstacles on the data journey for manufacturers.

article thumbnail

The smart factory Part 1: Digitization, digitalization and digital

SYSPRO Smarter ERP

Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. These terms are often used interchangeably, and yet understanding the difference is critical in the move toward smart factories powered by digital technologies.

Digital 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Using data and AI to improve manufacturing

SYSPRO Smarter ERP

The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. The Industry 4.0

article thumbnail

5 Key Trends in 2024 for Asian Manufacturers

SYSPRO Smarter ERP

Significant trends are emerging that manufacturers should be watching. These trends will make a difference to manufacturers internally, helping them to become stronger and more flexible to deal with future changes and disruptions. with AI will revolutionise how companies collect, process, and extract insights from IoT data.

article thumbnail

The future of manufacturing: trends and innovation for growth

SYSPRO Smarter ERP

in which factories are digitally transformed, manual processes are replaced with automated systems, and factories and supply chains are smarter. The common themes around manufacturing trends point to these changes. The digital factory. Manufacturers thriving on data. Digital factory. Equipment as a Service.

article thumbnail

The Information Factory launches Business Intelligence as a Service

Logistics Business Magazine

The Information Factory , an independent software vendor specialising in the logistics sector, has launched Business Intelligence as a Service, an end-to-end, fully managed data reporting and analytics system, available on a subscription basis and operating with cloud based technology. Business insights.

article thumbnail

Private Investors Looking to Capitalize on Nearshoring Trends Turn to Mexico

Blue Grace Logistics

billion in 2022, according to data from the Association for Private Capital Investment in Latin America, a trade group now part of the Global Private Capital Association. The data doesn’t include expansion by U.S. companies opening factories in Mexico, for example, nor investment in private real estate. billion volume of 2019.

Trends 62