Bridging the Gap: Overcoming the Barriers to Manufacturing Digitization
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Despite decades of technological advancements, a staggering 70% of manufacturers still rely on manual data collection in 2024.
Modernizing Capital-Intensive Industries with a Digital Thread
Embracing the idea of a consistent source of information, in context, for all stakeholders, often referred to as a "digital thread," can significantly streamline processes, enhance collaboration, and drive efficiency.
5 Major Benefits of Data Collection for Manufacturing Companies
Bringing real-time visibility to entire production, asset performance, inventory, workforce utilization, supply chain, etc. starts by collecting accurate shop floor data.
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Using AI to Collect & Leverage Data
Data is the foundation of Industry 4.0. While skilled workers will always be essential, data is reshaping the manufacturing landscape, enabling automation of repetitive tasks, empowering smarter decision-making with AI assistance, and reducing defects and downtime. This shift allows small and medium-sized manufacturers (SMMs) to compete more effectively on quality, speed, and cost. While AI and machine learning systems typically require around two years to collect enough data to reach their full potential, manufacturers can start seeing benefits almost immediately with basic analysis tools and dashboards. Our MEP National NetworkTM expert explains how in this Manufacturing Tomorrow article.
