By extracting real value from their data, manufacturers can make accurate predictions about component life, replacement requirements, energy efficiency, utilization, and other factors that have direct impacts on production capacity, throughput, quality, sales, customer acceptance, and overall efficiency.
Low cost sensors and new wireless connectivity tools enable manufacturers to employ digital analytics more effectively than ever before. With the right tools, they can gather, cleanse, process, and visualize massive amounts of data from disparate sources that cover all phases of the product life cycle, from product design to warranty claims.
This guide explains some of the major challenges involved in applying data analytics to manufacturing processes and the benefits of developing optimized approaches to addressing those challenges.