We are in the midst of a digital revolution, dubbed by founder and executive chairman of the World Economic Forum, Klaus Schwab as the “Fourth Industrial Revolution”.
We are in the midst of a digital revolution, dubbed by founder and executive chairman of the World Economic Forum, Klaus Schwab as the “Fourth Industrial Revolution”.
Amazon has undergone constant digital transformation, from its beginnings as a small mail-order bookstore in 1994, to a global organisation boasting $38 billion in revenue in 2017. How does it continue to stay ahead of the pack and harness the latest digital technologies to improve its own business processes?
Arguably, the concept of ‘digital transformation’ has not always been easy to understand. It’s been thrown around for the past few years to describe anything from implementing disruptive technologies, moving from paper to digital, or simply applying digital technology to any aspect of business.
Now more than ever, industrial operations and manufacturers are racing to ‘unlock’ process data to leverage their plant-floor information. It’s the challenge of the decade. In order to address this challenge, we need to be looking at what time-series databases and data historians can do.Correct use of these database technologies will mean the difference between simply having data, and being able to analyse and use data to maintain operations and improve the performance of the plant.
Process historians have been used to monitor processes in the industrial sector for more than 20 years, and yet many companies Nukon talks to don’t have them.
There’s no question that digital operations are transforming manufacturing. A range of innovations that fall under the Industrial Internet of Things (IIoT) or Industry 4.0 umbrella all point towards more computer-integrated manufacturing operations or the ‘connected enterprise’.
IIn a previous blog post we outlined the 5 key benefits of computer-integrated manufacturing and introduced the concept of the Integrated Manufacturing Operations Centre (IMOC).
Open source software is everywhere. Businesses today have access to thousands of open source software solutions - from enterprise resource planning, finance and accounting and customer relationship management, to e-commerce and communication systems.
Implementing new operational software or technology is a stressful, risk-filled undertaking for any business, but it is a necessary part of any digital transformation journey.
Nukon transforms existing infrastructures, unifies business silos, and turns isolated data into actionable insights that help you thrive.