Now more than ever , manufacturers should be harnessing the value of data to optimise business processes and outcomes with predictive analytics
TECHNOLOGY
Now more than ever , manufacturers should be harnessing the value of data to optimise business processes and outcomes with predictive analytics
WRITTEN BY : GEORGIA WILSON Jens Beck Director for IIoT , Analytics , and Innovative Cloud Solutions , Syntax
Francois Zimmermann EMEA Field CTO , Tableau Software
Poetically put , Jens Beck , Director for IIoT , Analytics , and Innovative Cloud Solutions at Syntax says “ optimising the resources needed for a business to stay competitive is a challenge as old as business itself .” But coupling this with today ’ s soaring prices for raw materials , global competition , talent wars , and shifting customer expectation , “ it is of utmost urgency for manufacturers to start using their data to optimise processes and business outcomes in order to stay competitive ,” adds Beck .
“ Privately , nearly everybody has already arrived in a super digital world , from smart washing machines to smart fridges , speech control and so forth , so why do we have to use paper and spare parts on stock at work ? Why do our machines not talk to each other ; why do they not tell me when they need maintenance ; why do they not tell my service provider in advance when to come and what spare parts to bring ? This is simply because digitisation on the shop floor has only just begun . The source to make this all happen is data and especially the digital twin .”
But how close is this dream within reach ? Francois Zimmermann EMEA Field CTO , Tableau Software explains that despite “ 87 % of CXOs saying that being an intelligent enterprise is their top priority , the reality is that only 30 % of frontline employees ’ actions are driven by data analysis . This means that
manufacturingglobal . com 119