The manufacturing sector faces many unique challenges. Companies within this space deal with rapidly evolving customer expectations, supplier demands, and factory processes that need to be both efficient and effective. As manufacturers operate within an increasingly complex environment, they need to be prepared to navigate various challenges that they can encounter.
These challenges encompass economical, political, and industrial elements. Discover 6 of the biggest manufacturing industry challenges that companies are likely to face, yours included!
The Industrial IoT is expected to add approximately $14 trillion to the worldwide economy by 2030. However, there is an important gap between applying these technologies in organizations and the ability to capitalize on their full potential.
For many manufacturers, the IoT is overwhelming, a fancy word that is somehow supposed to transform the industry. They find it difficult to believe that the IoT is real and achievable in their specific manufacturing industry. However, thanks to Worximity technologies, the IIoT moves from a theoretical framework to a practical application. Here are 9 ways the Industrial IoT is transforming the workplace.
About 1 month ago, I meet Yannick Desmarais, CEO of Worximity, to talk about his business and see if there was a fit for me in his company. First, let me tell you that I don’t come from the technology industry and that my professional path is very unusual: 2 years as a trapeze instructor at Club Med, 20 years for an office furniture manufacturer and 6 years as a business owner in distribution and race promotion in the US. No experience in high tech whatsoever! I always told my wife that I missed my calling as I have had a passion for technology for many years. I am that “go-to” guy when your laptop or your iPhone has a problem. Our first meeting was in a great restaurant on McGill Street in Old Montreal and we just talked about what they do and who I know and how I could help. We felt right away that there was a fit, but we didn’t talk too much about their technology.