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Opinion: ‘Scale’ is the magic word for digital transformation in 2020

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By Keith Higgins, vice president of digital transformation for Rockwell Automation

In 2019, we saw a 400 percent growth in digital transformation projects moving through the post-implementation stage, according to a recent study by Rockwell Automation.

The maturation of digitization projects will continue throughout 2020, and with this trend, the industry will evolve from exploring the primary benefits of data-driven solutions to understanding how these projects can be used as a resource to help scale smart factory initiatives.

Digital transformation has reached its inflection point. As organizations move their initiatives from project roll-out to continuous process improvement in 2020, scaling becomes a key topic of conversation. [Read more…] about Opinion: ‘Scale’ is the magic word for digital transformation in 2020

Going ‘smart’ helps factories make 12 per cent gains, says new report

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Implementing smart technologies has enabled factories make gains of up to 12 percent, according to an authoritative new report by Deloitte and the Manufacturers Alliance for Productivity and Innovation.

The areas in which the gains were achieved include: manufacturing output – an important US economic indicator; and factory utilization; and labor productivity.

Looking ahead, smart factory initiatives could lead manufacturers to experience labor productivity increases of 4 percent, which represents a three-fold improvement over the past decade’s average annual growth rate of 0.7 percent (2007-2018). [Read more…] about Going ‘smart’ helps factories make 12 per cent gains, says new report

Panasonic and Toyota to establish joint venture for town development

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Panasonic and Toyota have concluded contracts aimed toward the establishment of a new joint venture related to the town development business.

Both companies aim to fuse the mobility services initiatives promoted by Toyota and the “lifestyle updates” initiatives spearheaded by Panasonic.

A rapid change is expected in this business due to the accelerated deployment of IoT technologies in home appliances, household equipment, etc., as well as the evolution in mobility, such as CASE (Connected, Autonomous, Shared and Electric) and MaaS (Mobility as a Service), a new concept of providing services by connecting cars, public transportation and other means of transportation through IT.

[Read more…] about Panasonic and Toyota to establish joint venture for town development

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