The benefits of digital transformation in
the industrial sector include improving
asset health and reducing unplanned
downtime, and better asset performance
and enhanced incident prediction
capabilities that have the power to lower
operational risk and protect worker safety.
Other new digital innovations available
for manufacturers include Context Driven
Interfaces, which increase efficiency
and enable informed decision making;
Artificial Intelligence and Machine learning,
which allow the automation of low skilled
tasks; and IIOT devices that use sensor
technology to deliver low cost sensing to
drive efficiency without impacting control
networks.
One good example of a company which
has embraced digitalisation is Procter &
Gamble with its “decision cockpits.” Acting
on the need to empower employees at all
levels through data, it has created cockpits
which take the form of real-time, one-stop
screens displaying the current state of
the business and any important trends.
This data is accessible to all employees
at any time, helping them stay informed
and engaged, enabling faster and more
accurate decision making and delivering
cost savings and operational efficiencies.
And Proctor & Gamble are not alone. BMW,
Rolls Royce, Schneider Electric, Starbucks,
Ikea and even Domino’s Pizza have all
digitally transformed their business models
to give themselves the competitive edge.
A recent report found that the early
adoption of advanced digital technologies
by the UK manufacturing sector could
grow the UK economy by £455bn, create
175,000 new jobs, increase productivity and
cut CO2 emissions over the next 10 years,
so it’s easy to see why digitalisation has
become such a key part of organisations’
industrial strategies.
It’s also easy to see how failure to act
now will create a huge gulf between
manufacturers in the next two to three
years. Digitalisation cannot be delayed
any longer; the potential of Industry 4.0
must be recognised now. It will play a key
role in shaping and enabling the growth of
the manufacturing industry in the years to
come.
Email: [email protected]
Phone: 0161 495 4600
For further information, please visit www.solutionspt.com
Issue 43 PECM
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