INNOVATIVE LEADERS TOP INSIGHT – NEWSLETTER SUBSCRIPTION


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TOP INSIGHTS

Digital replicas of physical assets, processes and systems, Digital Twins are increasingly acknowledged as a gateway to better decision-making securing greater efficiencies. Likely benefits include improved performance, faster processes, the capacity to predict and pre-empt maintenance issues, plus better quality-control and reduced costs.

Climate change threatens our planet and communities around the world. To avoid the worst of its impacts, we must reach net zero by 2050. Our approach to everything from the manufacture of plastics to electronics must consider product end-of-life and energy use to keep us from reaching a dangerous tipping point.

Composable manufacturing is an approach that uses a virtual tool to assemble – or compose – modular packages of pre-programmed processes into new workflows on a screen. Deploying AI, machine learning and other cutting-edge technologies, composable manufacturing gives companies to a library of templated functions, a set of core productized capabilities that can be mixed and matched with each other, and an inbuilt integration with other plant systems.

Inventory glut has many businesses turning their attention to innovation. Partnering with vendors can make the process easier.

A new Probrand/CIPS report reveals that the majority of businesses are really lagging behind in digitising their procurement processes. It's serious.

Here are the seven trends shaping digital transformation in 2023.

Companies that go through digital transformation outperform those that do not. Researchers have identified 10 key steps to getting there.

Negotiators at the annual UN climate conference managed to eke out some plans for action. Now the challenge is turning dreams into reality.

The Internet of Things, the cloud and artificial intelligence are commonly referenced industrial digital transformation technologies. Thanks to these groundbreaking advances, managerial priorities like preventive maintenance, production optimization, defective rates reduction, energy savings and carbon reduction are being achieved. Supporting these technologies, however, requires a secure foundation that continuously deliver reliable operational (OT) data.

As businesses in every industry reorient their supply chains to boost resilience, the strategic ways the automotive sector has responded to recent supply chain shocks hold lessons for all companies.

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