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?
Open source software is everywhere: Linux, Mozilla Firefox, Java and Apache are the established names in the game, while Camunda and Influx are making major strides in manufacturing.
It’s not too far-fetched to say that manufacturing – or any industry, cannot function without software. Manufacturing software is especially relevant at a time where manufacturers are seeking out ways to streamline core processes and drive efficiencies.
Manufacturers are definitely the underdog in the game of consumer buying. With ever increasing pressure to reduce production costs coming from both global competition as well as consumers with powerful voices, manufacturers are really under the pump.
The interconnectivity of the Industrial Internet of Things (IIoT) is formidable. So many components seamlessly working together produce a bounty of positive outcomes for a company. Making better business decisions, uncovering inefficiencies and being proactive in mitigating risk are just a few of the benefits it brings. However, like all developments in technology, the good comes with the bad. In this case, endpoints are becoming gateways for breaches. And as the IIoT really cranks it up a notch, these attacks are on the rise.
The year 2009 was tough. Different sectors of economies all over the world were still reeling from the effects of the GFC, and manufacturing was no exception. In Australia, the ABC reported that manufacturing made up only 9% of GDP, down from 27% in 2008.
Micrologistics is a relatively new idea in supply chain circles. While it may conjure up images of miniscule people maneuvering their wee bags of produce to their tiny cottages, in practice the idea is actually much bigger.
Manufacturing is littered with buzzwords at the moment, the promise seemingly outweighed by the hype.
“We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction.”– Bill Gates.
At the end of last year, The Australian Industry Group (The Ai Group), released their annual business strategy report.