Big Data and IoT transforming manufacturing industry
Most of the manufacturing industries are adopting upcoming technologies to improve productivity, efficiency and minimize overall operational cost. Technologies like Big Data and IoT has transformed manufacturer sector.
By: Oodles Technologies
Industrial clouds and Big Data
As per experts, nearly 75% of the manufacturers will adopt cloud computing services by the year 2022. As IoT is merging devices and processing them on a real-time basis, industry clouds are coming up as a better option for information sharing. With the convergence of operational technology and IT, manufacturers can also access completely linked IT network and experience streamlined production based capability.
Stretched supply chain
With the rising number of consumer requirements, a large number of companies are trying to take care of customer-centric needs. They are doing so by taking overall control of the value chain and by taking more noteworthy responsibility for the value chain. To make their products more customer-centered, manufacturers must reevaluate their products and services.
As per a few experts, nearly 30% of the American retailers offer application-