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The Power of a Single Data Point

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Listening to the manufacturing media today many believe that all manufacturing equipment is connected, your competitors are using data from the machines to win deals and lower prices. You may also think an army of programmers and data scientists are required to keep up. Nothing is further from the truth. The truth is all you need is a single data point to keep up and outpace your competitors. Using a single data point from your equipment can provide greater visibility into your manufacturing operations. We will discuss specific examples of how companies have leveraged this single data point into big gains in profitability and throughput. We will also discuss how to start collecting data and ensure you succeed.

Learning Objectives:

  • Discover and understand industry trends in analytics, big data and AI in manufacturing
  • Learn about real-world examples of how companies used small sets of data to achieve big benefits
  • Bring home a road map and best practices for effectively using data in manufacturing

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