Boeing 737 Max mishaps have been dominating the news the past several months. Back in January, an Alaska Airlines door plug blew out mid flight due to loose bolts, forcing Boeing to pay the airline company $160 million in losses. In March, the windshield of another...
The healthcare industry is undergoing a radical digital transformation, with hospitals adopting smart technologies to drive innovation and deliver better patient outcomes. According to IDC, global digital transformation spending is projected to be $3.9 trillion by...
According to a recent study published by Towards Packaging, the global consumer packaged goods (CPG) market size is expected to hit around $3,171.11 billion by 2032. Like most every industry, CPG manufacturers face challenges in unpredictable shifts in supply and...
Collaborative ecosystems play a crucial role in accelerating digital transformation initiatives and achieving better outcomes for manufacturers. In the context of smart manufacturing, organizations are establishing key partnerships and alliances with third-party...
1. Gain Full Visibility Into Production Processes AI-powered analytics help manufacturers make better decisions. For AI initiatives to be successful, manufacturers must collect sufficient data. Using Industrial Internet of Things sensors, manufacturers can fill...
According to the World Economic Forum, the global manufacturing AI market was worth over $3 billion in 2023 and is expected to increase to over $20 billion by 2028. The use cases grow each day with new technological advancements, including automated supply chains,...
