The real world and its digital twin are collaborating to bring forth something called “mass customisation”, a new manufacturing culture which, as the term suggests, will be the basis for the most diverse ecosystem of engineered products ever seen.
There is a persistent myth that the rise of automation, robotics and software is a recipe for disaster. Many people worry that technological innovation will lead to the demise of human jobs, otherwise known as structural unemployment.
These claims are dangerous for “generation Z”, creating an uneasy atmosphere of automation anxiety and paranoia over job security.
China-based investment expert Edward Tse, CEO of Gao Feng, says financial technology companies are thriving in China
With the Chinese government keen to encourage innovation the fintech revolution is quickly gaining pace. Financial technologies companies backed by Chinese venture capital raised $2.4 billion in the first quarter of 2016, according to accounting firm KPMG.
This represented a 49 per cent share of global fintech investment in the period, bigger than that of North America and Europe combined.
Interview with Manish Sharma, senior managing director and group operating officer, Accenture Operations. This article is republished from the original source, em360tech.com
If business was easy, everyone would be doing it. Running a business is a complex and sometimes difficult thing to do.
The more experience one has, the more they can make it look easy. But no matter how experienced you are, and how much you can “routinise” your workload by yourself, a robot and software could probably do those things better.
That might sound disheartening for some, but for others, it provides an opportunity to become more productive, and in ways that are more creative and rewarding.
Robot-to-person solutions are on a rapid trajectory for 2017 and beyond. Yet discrete manufacturing organizations which initiate material replenishment automation programs without properly analyzing processes and priorities for internal and external stakeholders, find far less value than anticipated.
Manufacturers are unsure about current replenishment capabilities within ERP (enterprise resource planning) and other systems, and are even less clear whether to fix, buy, or build a solution to gain the capabilities needed.
Too often disruptions in leadership and a change-averse environment can create barriers to improved production flow and automating processes.
Global industrial giant uses Syncplicity for what both companies claim is the biggest digitisation project in history
Siemens has implemented a business process automation solution that covers 330,000 of its employees worldwide. The business process automation technology was provided by Syncplicity, which claims this is the biggest implementation of its type to date.
Customer care – from the traditional call center to webchat to social media options – is being transformed almost daily by machine learning and smarter technology, according to a survey of 6,000 consumers by Xerox.
In its report, The State of Customer Service, Xerox concludes that customer care is getting more personal but the leading trends emerging in 2016 indicate that smart machines may be key in driving the pursuit of individualized service.
“It’s clear that the relationships between consumers and brands will change radically over the next five years,” said Tim Joyce, chief innovation officer, Xerox Customer Care. “Customers expect a high quality of service and technology is maturing to the point where brands can efficiently meet those needs.”
Around 90 per cent of all business processes will be paperless within the next two years, according to a new survey. And the irony is that Xerox, a name synonymous with photocopying on paper, aims to boss the digital market.