In the current trend toward digitalization, manufacturers increasingly rely on a range of technology platforms to help streamline and accelerate their production processes. Artificial Intelligence (AI), data analytics, or Virtual Reality (VR) tools are more and more deployed. Organizations aim at a better understanding and usage of Industrial Internet of Things (IIoT) data. In general, data generated by IIoT devices can provide companies with deep insights enabling them to build products faster and more effectively. However, the difficulty resides in the integration of these technologies: often companies struggle with capitalizing on the information they have gathered.
Digital transformation represents a major shift and a top strategic priority for manufacturers across the globe. Usually the added value of a unified platform is perceived by leaders only after the deployment of a business. In consequence instead of achieving their goal of optimized operations fueled by the IoT, these companies become mired in pilot purgatory, unable to meet the digital demand across their internal value chains and broader supply chains.
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