Navigating the manufacturing sector’s evolving landscape is tough for even the largest and most well-established companies. For manufacturing SMBs using outdated tools to manage their equipment, it can be even more daunting. But connected services can help these smaller companies level the competitive playing field. Connected services provide stakeholders with essential insights that allow them to more efficiently maintain their industrial equipment and avoid periods of unplanned downtime.
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The size and complexity of today’s aerospace and defense (A&D) programs make it difficult to gain an accurate view of their status. As a result, it’s hard for program managers to identify problems and take timely corrective action to avoid costly disruptions.
Transportation and mobility (T&M) companies are in the midst of a revolution driven by the pursuit of sustainability. The industry is overseeing the continuing shift from traditional combustion engines to hybrid and electric vehicles (EVs) while also exploring ways to reduce environmental impact at every stage of the product lifecycle. This shift represents both a significant opportunity and challenge.
Shipbuilding has never been a simple undertaking, and that’s true now more than ever. Requirements in the industry are growing more complex, new technologies are being introduced, and external partners are increasing in number, making it even more challenging to deliver projects on time and on budget. At
the same time, doing so has never been more important. Today’s shipbuilders must satisfy quality requirements, meet industry standards, and hit deadlines to remain competitive and navigate a volatile global economy. Those with inefficient communication or data-sharing practices put deadlines at risk and increase the likelihood of delivery delays and associated penalties.
In an increasingly competitive global marketplace, companies face significant pressure to maximize production to meet demand. This pressure makes it essential to maintain a high level of overall equipment effectiveness (OEE). As a result, strategies and initiatives that maximize equipment availability, equipment performance, and product quality are critical to today’s manufacturers.