Industry 4.0, Industrial Internet of Things (IIoT), Business Intelligence, Machine Learning, Artificial Intelligence. With all of these new initiatives being introduced as the future of business, we had one manufacturing client say to us “it’s a bit like drinking from a fire hose”. It is true that manufacturing technology and information sharing capabilities seem to be evolving at a rate beyond our ability to keep up. As intimidating as this may seem, the common ground for all these technological evolutions is data. The future is totally data reliant.
So, are you ready? Every action taken in your business, whether manual or automated, is a data point. You are already capturing huge volumes of data in your commercial systems. The capture and utilization of production floor data points in your company is the secret sauce that will move you forward.
The age-old statement, “you can’t manage what you don’t measure” is the common sense foundation of the new initiatives. We can capture and record; counts, timelines, temperature, density, sequence of events, and more. We can assign identification tags to customers, products, suppliers, locations, orders, employees, packaging and machinery. The degree to which you are measuring and capturing the various points is a direct reflection on how “data ready” you are. And early-stage analysis usually leads to significant payback opportunities that fund future process improvement investment.
So, you need to be data ready. Confirmed Automation Systems can help you to understand where you are, and help you get to where you need to be.