Smart factories of the future driven by robots, computers and AI, are no longer the stuff of science fiction. We currently exist in the overlap of Industry 4.0 and the Digital Ecosystem and with it brings technologies and strategies that are fast changing how we conduct business – from day-to-day operations to high-level decision making. (more…)
The idea behind Aristotle’s philosophy that the whole is greater than the sum of its parts has always baffled me. If I have an 8-slice pizza and I add up all the slices, I still have one pizza, so how can one pizza be greater than its 8 slices? (more…)
“What a business needs most for its decisions – especially strategic ones, is data about what goes on outside it. Only outside a business are there results, opportunities and threats.” — Peter Drucker The pressures of cost, competition and a more demanding consumer continue to drive the digital transformation of industries. It pays to know how best to invest in the right technology for your sector [...]
Time and again we have seen the same story play out in sci-fi movies: the robots rise up, and then the humans defeat them. But it’s not just on the silver screen that people combat technology. It’s happening, albeit on a more subtle scale, up and down the country in businesses right now. People are fiercely resisting new technologies that will shake them out [...]
I recently attended the SYSPRO analyst update to hear about their new developments and continued evolution. SYSPRO has a strong presence in the manufacturing space as an ERP provider with a loyal client base. SYSPRO prides themselves on their service and working with companies to let them operate their “own way”. They presented survey data based on new ERP users and Millennials that reflected an impressive 76% [...]
The first industrial revolution in the late 18th century brought with it mechanisation and steam power. Mass production, assembly lines and electricity followed with the second a century later. Almost another century hence, computers and automation hailed the third. We had witnessed the proliferation of scientific management systems and with it brought the rise of efficiency driven attributes. (more…)
A patient is rushed to the emergency room. After a brief evaluation, the medical staff will immediately start hooking them up to IV bags, Holter monitors and the like in order to try and save their lives. If those medical professionals are to have the best possible chance of saving their patients, it’s imperative that they have access to the right medical equipment, exactly as [...]
Every business leader understands the importance of a sound strategy to take their business to the next level. Developing this strategy requires a close analysis of the business and a keen understanding of the key drivers. But knowing what to analyse is sometimes tricky. (more…)
When it comes to harnessing the power of technology, not all business functions have been treated with equal priority. In fact, research shows that despite the clear benefits of digitization across all business dimensions, one function in particular has fallen behind: supply chain management. Let’s explore some of the challenges… (more…)
How can businesses thrive during the Fourth Industrial Revolution which is bringing with it digital business transformation? The short answer is through continued education – we all have a role to play in encouraging a Learning Revolution. With the ever increasing advances in technology, from Artificial Intelligence, supercomputers, ubiquitous technology and self-driving cars, there are endless areas that require skilled and experienced individuals. A wide [...]
