If you’ve checked last year’s study from Cisco, where the company looked at the state of the internet to predict possible trends, you know that the collective sum of the world’s data is expected to grow from 33 zettabytes to a 175ZB by 2025.
The manufacturing industry is, by far, the one that generates more data. Join production data such as times, operations, and products with employees data such as check-ins/check-outs, and you will end up with a myriad of stored information.
If companies are still collecting data on paper, they probably have hundreds of files with reams of paper – which also probably means hundreds of hours of paperwork. When digitally managing data, it means that the company requires the best tools for data collection and analytics, to enable data-driven decisions.
The manufacturing software industry is growing as much as technology is evolving. Nevertheless, between paper and manufacturing software such as Prodsmart, there are still a lot of companies processing their data in Microsoft Office.
Manufacturing industry registers a slow technological adoption and high difficulty in managing change, and that is one of the the main reasons why so many companies still rely on paper or on a poor tool – for data analysis and for huge loads of information, such as Excel.
If you are using Excel, even though it is readily available in almost every computer and it is an interface that most people already know, you will need to have your teams collecting information through manual methods, such as clipboards or whiteboards and you will need someone collecting it from the different areas of the shop floor and introducing it into the sheet, a process which is highly prone to error – and a complete waste of time. After a lot of hours, you will be able to produce analysis and get some insights over your production process. And these are definitely not real-time analytics.
To benefit from all the data collection efforts, manufacturers need to use tools that enable real-time information and are flexible enough to handle variability in production processes.
Prodsmart, enables data-collection from the shop floor through mobile devices and a user-friendly interface, which reduces the impact of change management. It also allows for real-time dashboards and analysis, capturing and using very important performance information.
Prodsmart means a fast and easy way for manufacturing companies to account for customization and variability since it is highly adaptable to every production process.
To understand how we can help you to manage all your manufacturing data in real-time, sign up now and ask for a free demonstration of Prodsmart.