Shrinking Product Lifecycle
Consumers are rapidly accelerating adoption of new social & mobile technologies which is both an opportunity and challenge
Build products by sensing and predicting customer sentiment
High Cost of Capital Manufacturing equipment
By applying advanced analytics to customer and equipment data, electronics companies can gain new insights as input into product innovation, improvements to operations, and delivery of new customer experiences.
Hi Tech manufacturing companies can modernize supply chain & global manufacturing operations with improved integration, control and visibility capabilities via instrumented loT.
Disruptive new competitors and rapid commoditization
Need for end-to-end production control across disparate tools and globally distributed production processes. Difficulty in planning and scheduling across complex manufacturing lines located worldwide
Cloud, Data & Analytics will help optimize cost, schedule and market demand
Continued evolution of loT
Competition is forever changing making demand prediction tougher.
Inability to respond to sudden demand changes or production issues that increase overall manufacturing costs
Improve supply chain, logistics & operational efficiency through LEAN, JIT, loT