10 Ways Machine Learning Is Revolutionizing Manufacturing In 2018
Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Reducing supply chain forecasting errors by 50% and lost sales by 65% with better product availability is achievable with machine learning. Automating quality testing using machine learning is increasing defect detection rates up to 90%. Bottom […]
Roundup Of Internet Of Things Forecasts And Market Estimates, 2018
According to IDC, worldwide spending on the Internet of Things (IoT) is forecast to reach $772.5B in 2018. That represents an increase of 15% over the $674B that was spent on IoT in 2017. The global IoT market will grow from $157B in 2016 to $457B by 2020, attaining a Compound Annual Growth Rate (CAGR) […]
IoT, and the transition to the digital services economy discussion with Constellation’s Andy Mulholland
Over on the IoT Heroes podcast I recently had a chat with Constellation Research analyst Andy Mulholland. Before coming out of retirement to head up IoT research for Constellation, Andy was Global CTO for Cap Gemini, and so he knows a thing or two about IT! Andy publishes extremely insightful articles on the Internet of […]
News Analysis: Plex Adds Supply Chain Planning With DemandCaster Acquisition
Key Supply Chain Planning Functionality Bolsters Manufacturing Cloud Offering On August 9, 2016, Manufacturing Cloud pioneer Plex, announced the acquisition of DemandCaster, a cloud based sales forecasting and inventory planning software provider based outside of Chicago, Illinois. Founder Ara Surenian built DemandCaster from his operational consulting experiences in demand planning, supply planning, and sales and […]
10 Ways Machine Learning Is Revolutionizing Manufacturing
Bottom line: Every manufacturer has the potential to integrate machine learning into their operations and become more competitive by gaining predictive insights into production. Machine learning’s core technologies align well with the complex problems manufacturers face daily. From striving to keep supply chains operating efficiently to producing customized, built- to-order products on time, machine learning […]
News Analysis: @Infor Acquires @GTNexus for $675M
Infor Moves Towards A Cloud Network Economy With Acquisition Of GT Nexus.
Manufacturing: The STEM cells of the enterprise
I am always invigorated when I spend time with Plex executives and customers as I did at its PowerPlex event in Nashville last week. There was a blue collar excitement to the event. Accounting had an industrial engineering flavor with focus on efficiency and waste. HCM was about finding young talent who don’t mind hats […]
Plex Systems: Celebrating Makers
During a plant tour on Wednesday, I was asked if most vendors organized such visits for analysts. I had to confess I have been to data centers, call centers, R&D labs but not to many factory visits. Most ERP vendors have avoided the shop floor like the plague, and certainly would not highlight it on […]
Ten Ways Big Data Is Revolutionizing Manufacturing
McKinsey & Company recently published How Big Data Can Improve Manufacturing which provides insightful analysis of how big data and advanced analytics can streamline biopharmaceutical, chemical and discrete manufacturing. The article highlights how manufacturers in process-based industries are using advanced analytics to increase yields and reduce costs. Manufacturers have an abundance of operational and shop […]
The State of Manufacturing: A conversation with Jason Blessing, CEO of Plex Systems
By Vinnie Mirchandani on December 14, 2016
I enjoy spending time with Jason Blessing, CEO of Plex. We share a passion for automation and other manufacturing technology and we enjoy sharing notes on outstanding plants and facilities we get to visit. With a new President about to move into the White House, I recently had a wide ranging conversation with Jason. Jason, […]
Posted in Featured Posts, Technology / Software | Tagged Industry Commentary, Manufacturing