Digital Age Intelligence Platforms
Tue, 14 Dec 2021
A one-of-a-kind upheaval. The unthinkable happened at COVID 19. During the pandemic, the manufacturing sector has been the hardest hit. Factories were shuttered, supply systems were congested, and product development was halted. More than 80% of manufacturers in the United States are concerned about negative financial consequences, while 53% are concerned about operational disruption. How can we make manufacturing more agile, robust, predictive, efficient, and autonomous in the future?
Data silos, a lack of real-time visibility, and a reactive approach all impede efficiency.
A huge percentage of manufacturing units rely on
outdated equipment, which results in 45 percent of unplanned downtime. Factory
operations are disturbed because asset health is not assessed on a regular
basis. Equipment maintenance becomes a huge concern, and 80 percent of the
time, production managers and manufacturing workers are repairing problems after
they have occurred. Because of their limited ability to prevent and handle
accidents, one out of every three manufacturers spends more than 10% of their
operational budget on maintenance alone. The lack of visibility into plant
health, operating processes, and floor level performance at the enterprise
level is hampered by segregated data and timely access to relevant reports.
This creates a vulnerable environment, making it difficult to meet safety and
regulatory compliance standards. As a result, productivity and performance fall
short of expectations, negatively damaging the bottom line.
Digital Next Manufacturing Powered by Intelligence Speeds Up Growth and
Improves Outcomes
With enhanced technology adoption, the manufacturing
industry has the opportunity to reimagine its production and supply chain,
augment its workforce, and generate deeper connections with its consumers. A
digital enterprise's strength is defined by its capacity to harmonize,
evaluate, and produce real-time insights from diverse data streams. It's no
surprise that more than half of firms want to invest in developing Big Data
skills.
AI-based advanced planning and automation in the
supply chain and operations improve the ability to anticipate issues, identify
operational challenges, and respond with agility and speed. This eliminates a
vulnerability in systems and improves asset health by over 40%, saving massive
maintenance costs and lowering unplanned downtime by nearly 50%.
Companies enhance their bottom line by cutting
operating costs by 5-10% and increasing earnings by up to 10%. The benefits are
clear; the question is how manufacturers can speed up their transition to the
digital future.
Intelligence Platforms for Manufacturing
We offer Factory, Supply Chain, and Product
Intelligence as part of our manufacturing intelligence platforms to help
manufacturers construct digital next manufacturing organizations that are
cost-effective, high-performing, and lucrative. We can collaborate with you to
explore use cases, assess readiness with a discovery workshop, and demonstrate
value with a pilot MVP for a use case in three months.
With Platforms of Intelligence, ITC Infotech has
been assisting manufacturers in streamlining processes and gaining a
competitive advantage. Our knowledge and experience in CPG and manufacturing
stem from our parent company, ITC. We combine the benefits of the cloud, big
data, advanced analytics, AI/ML, and augmented reality on a single platform,
speeding up the road toward a fully connected ecosystem. Microsoft, PTC
ThingWorx, Anaplan, and Salesforce are some of our strategic partners.
POPULAR POSTS
Minimum Budget for Facebook Ads in India in 2025 – What Works
Tue, 20 Jan 2026
How PHP and Laravel Help Build Secure Websites | PHP Security
Tue, 20 Jan 2026
How Page Speed Affects SEO & Conversion Rates | Real Insights 2026
Tue, 27 Jan 2026
Why UX And UI Is Important For Mobile Application Development
Sat, 01 May 2021RECENT POSTS
How Page Speed Affects SEO & Conversion Rates | Real Insights 2026
Tue, 27 Jan 2026
Website API Development: How to Boost Scalability & Functionality
Tue, 27 Jan 2026
Minimum Budget for Facebook Ads in India in 2025 – What Works
Tue, 20 Jan 2026
How PHP and Laravel Help Build Secure Websites | PHP Security
Tue, 20 Jan 2026
Why Every Business Needs a Mobile App Today – Simple Guide
Tue, 20 Jan 2026