For the first time in history, manufacturers realize that their plants are capable of generating much more data than they can currently process and benefit from. Mastering factory floor processes will enable manufacturers to become proactively disruptive in their market segments, not only by delivering fantastic products but also by leveraging transformative business models that entail demand-driven manufacturing, agile production processes, lot size one, and mass customization. Technologies such as the Internet of Things (IoT), cloud, pervasive mobility, augmented reality (AR) tools, and blockchain are contributing or will contribute to this vision. Most importantly, the ability to see the plant as a technology-driven enabler of business success promises to be a real game changer for companies.
Transformation opportunities span improving product quality, optimizing cost structure, innovating the process, supporting new business models/business reinvention, increasing speed, achieving better customer fulfillment, augmenting visibility, and improving workers' experience. For successful manufacturers, achieving these ambitious targets will mean reconsidering their factory vision and turning it upside down as part of a data-centric revolution.
Aegis Software Corporation
220 Gibraltar Road, Suite 300
Horsham, PA 19044