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- W4377007660 abstract "The digital thread represents the origination, flow, and consumption of data through machines, people, and systems across the enterprise of a manufacturer. In this paper, we explore unique manufacturing use cases and business opportunities derived from, and driven by, the digital thread and enabling technologies, with machine asset data as the cornerstone. The digital thread connects the various processes, entities, actions, and decisions across a company’s supply chain through data and data relationships, helping to ensure an organization runs efficiently and in unison. By stitching together critical product information with digital assets across the full product lifecycle, a digital thread empowers manufacturing companies to drive continuous improvement and innovative new business processes and models. The benefits of data-driven manufacturing are far too significant to ignore and will enable many to deliver competitive advantages in an ever-competitive landscape. Digital transformation is about changing business models and about companies not just taking advantage of the huge opportunities created by these latest technologies but also preparing for their constant evolution. Amid the hype surrounding Industry 4.0, IIOT, and digital transformation, the introduction of Industry 4.0 has caused a bit of a culture shock for manufacturers. To build a roadmap to digital transformation, most companies are looking into the future, attempting to visualize where they want or need to be in twenty years, and planning backwards. However, a great deal of hesitancy exists for many manufacturers to embrace the technology and modernization that solves these new challenges." @default.
- W4377007660 created "2023-05-19" @default.
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- W4377007660 date "2022-01-01" @default.
- W4377007660 modified "2023-09-30" @default.
- W4377007660 title "DIGITAL MANUFACTURING TRANSFORMATION (INNOVATIVE BUSINESS OPPORTUNITIES FOR MANUFACTURERS)" @default.
- W4377007660 doi "https://doi.org/10.36724/2664-066x-2022-8-6-25-32" @default.
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