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Showing posts with the label digital transformation solutions

Impact of Industrial IoT Solutions on Manufacturing Sector

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Technological advancements are providing numerous benefits for every industrial sector and the manufacturing area is no exception. Amongst various emerging technologies, Industrial IoT tops the list. With the advent of IoT innovation , the manufacturing industry can take a sigh of relief by overcoming major challenges.  Let’s discuss ahead how Industrial IoT solutions are changing the face of manufacturing industries.  Benefits of IoT in Manufacturing Industry Asset Management  A prime reason IoT is considered one of the core manufacturing industry solutions is that it enables enhanced asset management. It means the monitoring of assets for better production and quality control and worker safety. The IIoT-based asset monitoring facilitates faster and more efficient manufacturing plants with reduced product cycle time.  IIoT also ensures a safer workplace specifically in hazardous workplaces or chemical/oil manufacturing firms.  For instance, sensor-embedded...

Top Five Industrial Beneficiaries of Augmented Reality in 2022

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    Embracing technological advancements is the need of the hour for enterprises. Let’s take the example of Augmented Reality (AR) technology. It has gained traction over the period in various industry sectors. As per the prediction of Global Market Insights, the AR market is expected to cross $50 billion by 2024. In this blog, Augmented reality remote assistance solution is useful in repair and support. It is also beneficial in boosting sales and marketing efforts by providing an immersive experience to customers. Also Read- What to Look for in AR-based Remote Assistance Solution in 2022? Core Industry Sectors that Use Augmented Reality 1. Manufacturing AR can bring a radical change in the thriving manufacturing industry. This technology has found its place in maintenance and support departments. AR-based remote assistance and asset monitoring solutions can assist companies to resolve issues quickly and avoid unnecessary downtime. 2. Retail 3. Automotive 4. Heal...

How to Ensure Digital Transformation Success for Your Enterprise

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  Change is constant, and this applies everywhere. We just cannot thrive our business with legacy rules and tools. Transformation is the need of the hour for modern enterprises to remain in line with the dynamics of the market and ever-growing competition.  IDC Semiannual Digital Transformation Spending Guide  has forecasted that the global spending on digital transformation-related technologies and services will reach $1.97 trillion in the year 2022.  In this article, we are going to discuss five proven tips to ensure digital transformation success. These steps will certainly assist you to leverage the benefits of digital transformation solutions. Let’s start with the very first step of understanding the requirements.  Top Five Factors to Consider for Ensuring Digital Transformation Success 1. Define Requirements When it comes to defining the  digital transformation strategy , entrepreneurs come across two misconceptions- one, they think that their busines...

5 Top Solutions Every Manufacturing Company should Embrace

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Discrete manufacturers across the globe are experiencing a data-driven digital shift in the way they operate. This digital manufacturing challenge is affecting the overall business relationships, collaboration, expectations and behavior. Therefore, the manufacturers are needed to educate themselves on how to streamline the digital shock-wave in the production and ongoing product use. Digital transformation solutions in discrete manufacturing unit face 4 major challenges: 1. Trust and compliance- Does the current security protocol integrate well with the new digital wave? 2. Business reinvention- It’s about understanding the current state of business in the industry and also how well can you change yourself? 3. Operational excellence- How well can your operational excellence and agility adhere to the new data driven intelligence? 4. Customer experience- How well will the customers accept the top end digital revolution? To thrive, discrete manufacturers need to adapt themselves to multip...

Top Five Benefits of Industry 4.0 for Modern Enterprises

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The advent of Industrial IoT (IIoT) has started transforming the core processes of industries worldwide. It has brought radical changes in the way of operating, communicating, and utilizing data across various industry sectors. Today, industries witness tremendous competition and it is necessary for them to remain competitive for achieving growth. There, industrial IoT Industry 4.0 solutions come into the picture.  IIoT solutions enable modern enterprises to make the most of the Industry 4.0 concept and transform various processes. Apart from having a competitive advantage, IIoT solutions can take care of all major processes ranging from maintenance to logistics and workflows to project completion. Let’s dig deep into the top benefits of IIoT and Industry 4.0 for your enterprise. But, before discussing these benefits, we will go through a brief introduction of IIoT.  Introduction of Industrial IoT (IIoT)  Top Benefits of IIoT for Industries Reduction in Human Errors IoT i...

Digital Transformation in Energy and Utilities Industry with Energy 4.0

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The past couple of decades have seen several industries increasingly adopting digital transformation solutions to leverage the potential of the latest digital transformation technologies. Although late to join the party, the utility and energy sector is now on the road to revolution. It is not enough for the utility and energy industry to simply make changes in their existing systems or review their current business models. It is crucial for the industry to completely reinvent itself and find ways to transform the way it conducts its business fundamentally. Traditionall y , the utility industry has been slow to adapt to the latest digital transformation technologies, unlike other healthcare or manufacturing industries. In order to be future-proof, the utility and energy industry should try to use specific technologies that can build sustainable infrastructure, meet changing customer needs, protect against competition and swaying market trends. According to IDC Utilities 2019 prediction...