November 2018

Along with IoT (Internet of Things) and “big data.” another term that gets a lot of attention today is “smart manufacturing.” Often linked to the use of IoT devices and sensors in manufacturing, smart manufacturing is much more than a single technology or group of technologies.

It’s not that data has been missing from the manufacturing sales process, but rapid changes in the use of data in manufacturing operations has not been mirrored in the sales processes of many manufacturing companies.

Most major business decisions, like where to open a new facility, are based on data. In the past, that data might have been simply the owner of the business observing where potential workers lived, or where major customers were located, then building near them.

You hear the word all the time. Especially in business publications and websites, it seems the word “innovation” has devolved from a true business strategy to a trivial buzzword. Don’t let the overuse of the word stop you from benefiting from the positive impact innovation can have on your business.