According to a report by Deloitte, the average life expectancy of an S&P 500 company went from 75 years in the thirties to 15 years today.
Digitisation is transforming the way manufacturers do business, from engaging customers throughout the product lifecycle to optimising operations. Using IoT solutions to collect and analyse large volumes of data, from the factory floor to the customer call centre, is improving visibility, increasing efficiency and flexibility, and reducing costs.
The Azure IoT platform can be quickly deployed through easily adaptable preconfigured solutions for predictive maintenance, remote monitoring and stream analytics, allowing manufactures to rapidly arrive at proof of concept and scale to production.
Every discrete manufacturing business operates with a unique set of systems and specifications, and faces equally unique challenges. Legacy enterprise resource planning (ERP) systems cannot keep up with the demands of today’s rapidly changing customer needs and market requirements. Here are 13 ERP features that can give discrete manufacturers a competitive edge.