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Manufacturing

Source: Gartner, "2019 CIO Agenda: Heavy Manufacturing, Industry Insights," Dr. Marc Halpern. October, 15 2018 (Gartner subscription required)

5 Proven Ways Manufacturers Can Get Started With Analytics

By Louis Columbus on November 14, 2019

46% of manufacturers agree that implementing and using data analytics is necessary to stay competitive and grow their businesses. 69% of manufacturing decision-makers believe analytics will be crucial for business success in 2020, with 15% considering it crucial today. 32% of manufacturers see the potential for analytics to improve supply chain performance and increase revenue. […]

Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged 2019 Analytics Spending Manufacturing, 2019 CIO Agenda Heavy Manufacturing Insights, analytics, business intelligence, CRM, gartner, Louis Columbus’ blog Manufacturing Cycle Time, Manufacturing, PLM, Production Yields by Product, Return Material Authorization (RMA) Rate as a % of Manufacturing

Securing Multi-Cloud Manufacturing Systems In A Zero Trust World

Securing Multi-Cloud Manufacturing Systems In A Zero Trust World

By Louis Columbus on November 11, 2019

Bottom Line: Private equity firms are snapping up manufacturing companies at a quick pace, setting off a merger and acquisition gold rush, while leaving multi-cloud manufacturing systems unprotected in a Zero Trust world. Securing the Manufacturing Gold Rush of 2019 The intensity private equity (PE) firms have for acquiring and aggregating manufacturing businesses is creating […]

Posted in Featured Posts, Technology / Software | Tagged Centrify, cybersecurity, Enterprise resource planning, erp, Louis Columbus' blog, Manufacturing, Private Equity Firms, PWC, Zero Trust Privilege, Zero Trust Security

Horizontal color image of woman using digital tablet at modern plastic factory with industrial machinery. Woman standing at cnc machine.

Smart Machines Are The Future Of Manufacturing

By Louis Columbus on June 19, 2019

Industrial Internet of Things (IIoT) presents integration architecture challenges that once solved can enable use cases that deliver fast-growing revenue opportunities. ISA-95 addressed the rise of global production and distributed supply chains yet are still deficient on the issue of data and security, specifically the proliferation of IIoT sensors, which are the real security perimeter […]

Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged Design-to-Manufacture, iiot, industrial internet of things, Internet of Things, Louis Columbus' blog, Manufacturing, Manufacturing Intelligence, Smart Factories

Seven Things You Need To Know About IIoT In Manufacturing

Seven Things You Need To Know About IIoT In Manufacturing

By Louis Columbus on June 9, 2019

Global spending on IIoT Platforms for Manufacturing is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. IIoT platforms are beginning to replace MES and related applications, including production maintenance, quality, and inventory management, which are a mix of Information Technology (IT) […]

Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged AI, Artificial intelligence, iiot, industrial internet of things, IoT Analytics IoT, Louis Columbus' blog, machine learning, Manufacturing

Industry 4.0's Potential Needs To Be Proven On The Shop Floor

Industry 4.0’s Potential Needs To Be Proven On The Shop Floor

By Louis Columbus on May 30, 2019

99% of mid-market manufacturing executives are familiar with Industry 4.0, yet only 5% are currently implementing or have implemented an Industry 4.0 strategy. Investing in upgrading existing machinery, replacing fully depreciated machines with next-generation smart, connected production equipment, and adopting real-time monitoring including Manufacturing Execution Systems (MES) are manufacturers’ top three priorities based on interviews […]

Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged Artificial intelligence, erp, Industry 4.0, machine learning, Manufacturing, Manufacturing execution system, MES

Mesh network, internet of things, over NYC

Vodafone’s 2019 IoT Barometer Reflects Robust Growth In The Enterprise

By Louis Columbus on March 3, 2019

85% of enterprises who develop deep expertise with IoT succeed at driving revenue faster than competitors. 81% of enterprises say Artificial Intelligence streamlines interpreting and taking action on data insights gained from IoT systems and sensors. 68% of enterprises are using IoT to track the security of physical assets, making this use case the most […]

Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged 5G, Artificial intelligence, iiot, industrial internet of things, Internet of Things, IoT, IoT Enterprise Adoption, IoT Forecast, IoT Growth Rate, Louis Columbus' blog, machine learning, Manufacturing, microsoft, Vodafone IoT Barometer 2019

How Machine Learning Improves Manufacturing Inspections, Product Quality & Supply Chain Visibility

How Machine Learning Improves Manufacturing Inspections, Product Quality & Supply Chain Visibility

By Louis Columbus on January 31, 2019

Bottom Line: Manufacturers’ most valuable data is generated on shop floors daily, bringing with it the challenge of analyzing it to find prescriptive insights fast – and an ideal problem for machine learning to solve. Manufacturing is the most data-prolific industry there is, generating on average 1.9 petabytes of data every year according to the McKinsey Global Insititute. Supply […]

Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged Inspectorio, Louis Columbus' blog, machine learning, Manufacturing, McKinsey Global Institute’, Product Inspections, Product Quality, supply chain management, Supply Chains

Reinventing After-Sales Service In A Subscription Economy World

Reinventing After-Sales Service In A Subscription Economy World

By Louis Columbus on November 9, 2018

91% of manufacturers are investing in predictive analytics in the next 12 months, and 50% consider Artificial Intelligence (AI) a major planned investment for 2019 to support their subscription-based business models. New subscription business models and smart, connected products are freeing manufacturers up from competing for one-time transaction revenues to recurring revenues based on subscriptions. […]

Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged Digital Disruption, Internet of Things, IoT, Louis Columbus' blog, Manufacturing, services revenue, subscription economy

How Blockchain Can Improve Manufacturing In 2019

How Blockchain Can Improve Manufacturing In 2019

By Louis Columbus on November 4, 2018

Combining blockchain and IoT will revolutionize product safety, track-and-traceability, warranty management, Maintenance, Repair & Overhaul (MRO), and lead to new usage-based business models for smart, connected products. The business value-add of blockchain will grow to slightly more than $176B by 2025, then exceed $3.1T by 2030 according to Gartner. Typical product recalls cost $8M, and many […]

Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged blockchain, Industry 4.0, Internet of Things (IoT), Louis Columbus' blog, Manufacturing, smart manufacturing, traceability, track-and-trace

10 Ways To Improve Cloud ERP With AI And Machine Learning

10 Ways To Improve Cloud ERP With AI And Machine Learning

By Louis Columbus on August 20, 2018

Capitalizing on new digital business models and the growth opportunities they provide are forcing companies to re-evaluate ERP’s role. Made inflexible by years of customization, legacy ERP systems aren’t delivering what digital business models need today to scale and grow. Legacy ERP systems were purpose-built to excel at production consistency first at the expense of […]

Posted in Business, Featured Posts, Technology / Software | Tagged AI, Amazon Alexa, Artificial intelligence, CAD, Cloud Computing, Cloud ERP, CRM, Enterprise resource planning, erp, Factory of the Future, legacy ERP, Louis Columbus' blog, machine learning, Manufacturing, PLM

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