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14 03, 2023

Digital By Choice – or Chance? An Interview with John R. Brandt.

By |2023-03-14T05:16:49+00:00March 14th, 2023|Benchmarking, Innovation, Internet of Things, Interview, John R. Brandt, Manufacturing|Comments Off on Digital By Choice – or Chance? An Interview with John R. Brandt.

MPI Insight: John, you work with manufacturers around the world on digital transformation. What surprises you about what you're seeing on the ground? John: Digital transformation has been one of the fastest management revolutions we've seen in manufacturing. MPI started studying Internet of Things (IoT) and Industry 4.0 adoption among manufacturers in 2015 — because 46% of US manufacturers told us in another MPI study that they had never heard of an IoT strategy. What happened next was incredible: In just three years or so, we went from almost half being unaware of IoT to significant percentages of manufacturers [...]

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20 02, 2023

The Top Four Digitization Opportunities for Manufacturers in 2023

By |2023-02-21T17:11:36+00:00February 20th, 2023|Benchmarking, Innovation, Internet of Things, Manufacturing|Comments Off on The Top Four Digitization Opportunities for Manufacturers in 2023

Nearly 100 manufacturers have completed the Digital Transformation for Manufacturers (DTM) online assessment, a free benchmark comparison tool that enables manufacturers to measure the digital maturity of their organizations and helps them to identify opportunities for digital transformation and profits. The data points to four critical opportunities for manufacturers: #1. Business Strategy Only 31% of manufacturers completing the Assessment have digital strategies even partially implemented. Deploying a well-designed strategy is a critical first step on the digital transformation journey. #2. Network Infrastructure Manufacturers are recognizing that legacy networks and IT equipment and systems may not be up to Industry [...]

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