10 statistics you can’t miss about IoT in the industry sector (packaging included)

I don't think I need to convince you that industry is changing and a revolution is happening in front of our own eyes, right? So, let's skip this part and go straight to the point... We've listed 10 statistics that support the above statement. Some of them take your breath away. Are you ready? Click the orange circles and check the first 5 statistics in the interactive image.   6 . Data and analytics are becoming increasingly important to decision-making (packaging industry) A report from PWC on Digital Transformation shows that 83% of respondents in forest, paper & packaging industry believe that data analysis will be a core factor to decision making in 5 years. When asked about the current situation, this figure is 55%. There's a great development opportunity here! 7. Most companies don’t yet have mature data analytics capabilities (yet) According to the same report mentioned above, only 18% of survey respondents rate the maturity of their data analytics capabilities as advanced, and more than half say that the lack of skills and competencies in their company’s workforce is a key challenge to making full use of data analytics. 8. Companies will have 5%% of…

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What are IoT sensors and how to use them?

Post wrote by Infraspeak Team. The technological world has been flooded with concepts and new topics  - and it’s normal to get lost in the midst of it all. Let’s focus on one of its highlights: The Internet of Things (IoT). We’ve all heard about it, but do we really know what it means? In the simplest terms, the Internet of Things comprises all stuff that connects to the internet, enabling all devices to gather information, analyze data and even take action. As Caroline Gorski, the head of IoT at Digital Catapult assesses: “it’s about networks, it’s about devices, and it’s about data”, it works as a “brain”, streamlining, enabling connectivity and warranting communication between everything internet-related. It’s considered one of the most critical and encouraging concepts of our time. To put in perspective: researchers estimate that is over 20 billion devices are connected and this number will increase as the world becomes “smarter” and “smarter” (not literally, just conceptually). With this technologically-driven world, concepts such as Smart Buildings (providing unique comfort and productivity in workplaces, for example) and Smart Cities (reducing environmental footprint, relieving the people of time-costing and stress situations by improving transportation, and increasing…

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What is the main relation between productivity and data management

Post Written by InfraSpeak Team.  We live in the age of Industry 4.0, the world of Big Data and Internet of Things. This means that generated and well-managed data are at the "pinnacle" of importance for companies and their workers. Its purpose lies in optimal performance and an increase in productivity. Let’s dive into the reasons that justify these theories. Why data matters? Firstly, for data to really matters, you’ll need to generate from the right source. It's pretty simple: if you gather data to be analyzed on a specific situation that is not applicable, the results won’t be adequate. So, for a boost in productivity, you need to capitalize on generating suitable data. The next step to upgrade your performance will be focusing on managing your data. Gathering all the data in the world won’t help you unless you manage it accordingly. Analyzing big data is just a super-enhanced way of traditional data study, which processes information coming from a huge number of sources thanks to the connectivity allowed by IoT. This IoT technology grants higher efficiency and quick processing. In enterprises, lack of information or data can lead to poor performance, non-motivated employees and mediocre…

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The biggest problems in running your factory with Excel

We don't need to explain that much right? If you are here, you might know a lot about this important tool. While you are reading this text, millions of people are using Excel right now.  Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android, and iOS. It features calculation, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications. It has been a very widely applied spreadsheet for these platforms, especially since version 5 in 1993, and it has replaced Lotus 1-2-3 as the industry standard for spreadsheets. Excel forms part of the Microsoft Office suite of software. Digital Maturity in the Packaging Industry Benchmarking Report: Download it now for free! Among its important use cases, one of them is to help factory managers to collect and manage data on a daily basis. It's been an important tool for the past decades, but some issues can be perceived as companies have new demands on their management environment. On this matter, we bring to you the biggest problems running your factory with Excel. Human error/data reliability First of all, this is the most common issue in Excel. In the reliable part…

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