TECHNOLOGY
“ Optimising the resources needed for a business to stay competitive is a challenge as old as business itself ”
JENS BECK DIRECTOR FOR IIOT , ANALYTICS , AND INNOVATIVE CLOUD SOLUTIONS , SYNTAX most business decisions are made based on bias or on what has worked in the past rather than live actionable insights .”
With leaders in manufacturing under pressure to identify risks in complex supply chains that extend beyond their own boundaries , while achieving sustainability goals , and retaining their customers , “ leveraging the right data , can create a free flow of the facts that they need to make critical and profitable decisions , while at the same time , increasing visibility and resilience across their supply chains ,” adds Zimmermann .
By adopting a data first strategy , manufacturers can look at every key business activity , ensuring that all
stakeholders have access to a 360 degree view of their customers and operations in order to make effective decisions fast . “ In manufacturing this becomes an extension of design thinking in product design , so that fast feedback loops are created to continuously improve products and processes ,” he continues .
“ By gathering data at every opportunity and examining workflows , points of inefficiency can be quickly identified and the real issues exposed . A data-first strategy promotes being able to look under the hood of the business to assess in granular detail where time and money is being wasted and where weak points might present a security risk . Then insights and predictions can be applied
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