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The global manufacturing sector is in the midst of a crisis on a scale not seen before. At one point, according to BCG, more than 90% of manufacturing plants in Europe and 65% in the US were closed due to COVID-19.
If you haven’t heard, we are undergoing “digitaltransformation.” Digital advances are coming at us fast and furious. Misuse and manipulation of machine identities almost certainly is coming into play in the type of deep breaches digitally-transformed organizations are now experiencing. Security responsibilities.
It accelerated them – especially the drive toward digitaltransformation, according to McKinsey. Cloud is the foundation of digitaltransformation… According to Forbes, manufacturers will … The post The top tech trends in manufacturing for 2021 appeared first on OpenText Blogs.
The race to digitallytransform is more intense than ever for manufacturers. Companies are embracing new technologies to rapidly evolve their business models and operations to drive revenue and competitive advantage.
Abrupt shifts in operations have impacted everything from employee productivity and customer engagement to manufacturing and sales. And these shifts are leading businesses to identify opportunities for transformation powered by new, automated ways of working. appeared first on OpenText Blogs.
However, industries reliant on shared devices—such as healthcare, retail, and manufacturing—face unique challenges. Similarly, in retail and manufacturing, delays caused by authentication procedures reduce overall efficiency. These fast-paced environments need a more flexible approach to balance security, speed, and user privacy.
Instead of simply pruning assets, forward-looking manufacturers are looking to advance digitaltransformation and use technology to improve efficiency, innovation and agility for more holistic revenue growth.
based life sciences and high-tech manufacturing companies sheds light on how digitaltransformation – and the rising role of third-party partners – have combined to create unprecedented operational challenges in the brave new world of digital commerce. A recent poll of some 300 senior executives from U.S.-based
Lacking a reliable way to authenticate identities during the data transfer process, and also keep data encrypted as it moves between endpoints, the Internet would surely atrophy – and digitaltransformation would grind to a halt. Nonetheless, it is a pivotal chapter in the evolution of digital commerce.
Digitaltransformation is impacting the world today at unprecedented rates. It took only four years from the launch of Netflix’ digital business model to send Blockbuster towards bankruptcy. For … The post The impact of digitaltransformation appeared first on OpenText Blogs.
The term digitaltransformation gets so much play these days that it’s almost become a cliché But experts from Frost & Sullivan believe that for most organizations, there’s a sizeable gap between dream and reality. Dublin-based Glen Dimplex has sales, manufacturing and distribution facilities around the world.
While digitaltransformation has been a trend for some years, emerging technologies have made this movement even more important. Companies are rethinking their business models to become more digital and competitive. Digitaltransformation is an important component of a modern organization’s business operations.
While the manufacturing sector has continued to grow steadily over the last decade, the forecast from the US National Association of Manufacturers is for growth in the US to slow in 2019 due to skills shortages and the high cost of raw materials.
They expect their vendors to digitallytransform themselves and their products to support their own business transformations. Companies today expect a single provider to solve multiple challenges.
The global manufacturing sector is facing a crisis on a scale not seen before. At one point, according to BCG1, more than 90% of manufacturing plants in Europe and 65% in the U.S. were closed because of COVID-19.
Today, almost a half of organizations using IoT say they already have or are planning to adopt digital twins. Without … The post Five use cases for digital twins in manufacturing appeared first on OpenText Blogs.
In the latest edition of the Manufacturing Leadership Council Journal, I wrote about the advantage of monetizing data for manufacturers. Data … The post Is data monetization the way forward for manufacturers? appeared first on OpenText Blogs.
Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digitaltransformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,
Companies in the throes of digitaltransformation, and especially post Covid19, have never been more motivated to adapt a new authentication paradigm – one that eliminates shared secrets. Password abuse at scale arose shortly after the decision got made in the 1990s to make shared secrets the basis for securing digital connections.
We’re now quite well into 2018 but I thought it was still worth putting together a blog on the trends I see affecting manufacturing over the coming year. I’ve chosen two legislative changes and three technology-driven trends.
Data from connected equipment, lines, processes and facilities is pouring into factories – and the information locked in these data streams has transformed how industrial organizations manage operations, solve issues and adapt to change.
announced today the addition of industry veteran, Keith Snyder, as their new Director of DigitalTransformation Strategies. As a leader in the Enterprise Content Management space, Square 9 has continued to extend its product strategies with solutions that focus increasingly on DigitalTransformation Services. Young added.
Manufacturing plants are complex and fast-paced environments. Many clients I speak with are looking to innovate and digitallytransform their manufacturing operations to create best-in-class production facilities.
Going green in manufacturing: Recommendations to get started on your sustainability journey. Has the pandemic accelerated the digitaltransformation in manufacturing industries? ravi.kumarv@cgi.com.
Manufacturing has undergone a major digitaltransformation in the last few years, with technological advancements, evolving consumer demands and the COVID-19 pandemic serving as major catalysts for change. Here, we’ll discuss the major manufacturing trends that will change the industry in the coming year.
Accelerating manufacturers’ time-to-market through open innovation madhav Fri, 11/24/2023 - 05:09 The manufacturing industry is in the midst of a significant digitaltransformation, where organizations are leveraging all different types of technologies to stay competitive and meet customer demands.
The world’s largest information management conference was packed with sessions designed to help manufacturers get the most from their digital journey. Among the many things happening during the show was a very significant launch: OpenText’s new DigitalManufacturing eBook.
B2B IAM in Agricultural Machinery: Building a Seamless and Secure Future for Manufacturers madhav Tue, 09/10/2024 - 07:01 As global food demand continues to rise, agricultural machinery manufacturers face growing pressure to modernise and adopt sustainable practices.
In recent years, the manufacturing sector has experienced notable disruptions – including supply chain instability, product demand fluctuations, transportation issues, and workforce shortages. As we anticipate the forthcoming year, here are … The post Top 5 predictions for manufacturing in 2024 appeared first on OpenText Blogs.
In one sense, digitaltransformation is all about machines. Here are excerpts, edited for clarity and length: LW: Can you frame the top challenges businesses face as digitaltransformation accelerates? Hudson: The world as we once knew it is becoming digitalized. Everything.
Let’s start with a question: In the current focus on digital initiatives, are energy companies overlooking the importance of content? The potential of digitaltransformation The wave of sweeping themes, like the 4th Industrial Revolution, Industry/Manufacturing 4.0, And, what does that mean?
Global economic growth for the manufacturing sector is slow with few signs of recovery. Manufacturing firms are still a long way off fully exploiting the mountains of data they produce. The rise of the data-driven manufacturer appeared first on OpenText Blogs. Times are tough.
Earlier this year, OpenText™ became a member of the Manufacturers Leadership Council, the highly influential leadership network for senior executives in the manufacturing industry. Recently, the organization outlined some of the market trends it saw affecting the industry this year. I thought I’d share some of them with you.
A few short months ago, I wrote a blog predicting the top tech trends for manufacturing and automotive for 2020. Accelerating digitaltransformation puts … The post Technology trends in automotive appeared first on OpenText Blogs. Then everything changed with the COVID-19 pandemic.
To combat this, businesses who are agile in adopting digitaltransformation strategies reaped the benefits: from better security hygiene to reduce the risk of a data breach to improved productivity that ultimately yields higher revenue. Here are a few important trends that you should consider for 2022: Single vendor SASE play.
The experts call it many things: digitaltransformation, servitization strategies, and business model diversification. In the manufacturing and high-tech world, suppliers are increasingly starting to offer more aftermarket services which include maintenance, spare parts, and other value-added services. Thu, 05/06/2021 - 16:01.
Plustek designed the PS3180U for healthcare, financial, legal, government agencies, education, construction, manufacturing, document management or any digitaltransformation task. It also scans ID cards and business cards up to 1.2mm thick.
I recently attended the Manufacturers Leadership Summit hosted by Frost & Sullivan in LA. This three-day event was full of presentations, case studies and discussions on the journey to Manufacturing 4.0. I thought I’d share a few pointers from the show on how leading enterprises are finding success through digitalmanufacturing.
Now information technologies and the information revolution are again transforming society. The COVID-19 pandemic further accelerated the transformation from many years to just a couple of years. This 3-part series will discuss digitaltransformation (DT) from several perspectives. The Genesis of DigitalTransformation.
Digital revolution in the automobile industry. The digitalization of the automobile and constant connectivity present automobile manufacturers and mobility companies with major opportunities and challenges. This honeypot of information puts manufacturers at major risk from cyber attacks. Data security.
Every organization — from mom and pop shops to pharmaceutical manufacturers — must adopt tools and techniques for providing the hyper-personalized experiences customers require at every touchpoint in their journey. . Big ideas like Digitaltransformation initiatives. Your Customer Experience Is Your Most Valuable Asset.
The company oversees the entire manufacturing cycle, from design to production to delivery. In addition, Thales has designed its own FIDO cryptographic libraries providing a stronger defense against potential threats. Thales takes security a step further with its controlled operations.
Large global manufacturers were among the earliest adopters of digital document management solutions. Manufacturers need to be innovative to get their products to market faster, compete in global markets and become low-cost producers while delivering superior quality and customer service.
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