The top five most digitally mature industry sectors in 2022

According to an international report launched by the World Economic Forum – in partnership with the Singapore Economic Development Board (EDB) – the top five most digitally mature sectors in 2022 are Semiconductors, Electronics, Pharmaceuticals, Energy & Chemicals and Logistics. You can find the full report here. The top four most mature industry groups in 2022 are the same from 2019: Semiconductors, Electronics, Pharmaceuticals and Energy & Chemicals. The middle two traded between the second and third spots from the previous rankings published in November 2019. In spite of their frontrunning positions, the top three industries – predominantly comprising multinational conglomerates – are not shielded from present-day challenges like the ongoing value-chain disruptions, global chip shortage and industrial decarbonization. The Logistics industry group has improved over the past three years to take fifth place. Operations in logistics have changed dramatically as a result of two key considerations. First off, the sector has been motivated to modernize and optimize its operations in order to meet growing demands as a result of the unrivaled rise of online shopping. Second, the rise of e-commerce titans like Amazon, Alibaba, and JD.com has forced conventional logistics firms to become more responsive, adaptable,…

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Unified Namespace for IIoT: Building A Unified Namespace Based Industry 4.0 Solution [Live Demo]

Learn more about how to build a Unified Namespace Based Industry 4.0 Solution through this Live Demo made by our CTO and Co-Founder Mario Ishikawa and Kudzai Manditereza from Industry40.tv. On this video they give a General Overview about UNS, the origins and principles of Unified Namespace, explain main differences between Indsutry 3.0 and Industry 4.0, explain the normalization of Industrial DataOps and a live demo building a Unified Namespace.   https://www.youtube.com/watch?v=0KrMcP2gy08

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How to use Digital Transformation in Industry to revolutionize your factory

There is a lot of talk about Digital Transformation in Industry and what impacts these changes will have on the day-to-day operations on the shop floor. However, most of the articles found are more about the concepts of digital transformation in industry. They are not really helping companies use digital transformation in industry to revolutionize factory operations. In the manufacturing industry universe, digital transformations are mostly related to growth through Industry 4.0 and other technologies. Companies of all sizes are achieving admirable results in their business through digital transformation efforts, such as product and service improvements, increased operational efficiency, innovations, and greater flexibility throughout the production chain. Broadly speaking, we can say that to get real benefits from digital transformation in industry requires integrating digital technologies into all areas of a factory, dramatically changing the way companies derive value from their data and information. It seems strange to say this in the current context of Industry 4.0, but many companies still don't appreciate the importance of real-time data collection and processing.  Now we will present some fundamentals for using digital transformation in industry and getting real benefits: 1 _ Establish your goal   Here at PackIOT we have…

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What is Unified Namespace and why you need to implement it to experience Industry 4.0

By  Mario Ishikawa and Alexandre Patrus Many digital transformation actors are not yet familiar with Unified Namespace. Also abbreviated as UNS, this term was coined by Walker Reynolds, president of 4.0 Solutions, to designate a concept that allows real-time processing and traffic of contextualized, normalized, and aggregated information. Therefore, the UNS is neither a product nor a system, but a central tool for the Industry 4.0 scenario. And in this article we will explain why. It is very common for people to think that there is no data collection and processing problem in their companies, because the Industry 3.0 and factory automation scenario already works with data collection. However, when we talk abou Industry 4.0, we are talking about a much larger amount of equipment connected to a plant's network. And the UNS comes to help enabling the scalability of your digital transformation strategy. Industry 3.0 x Industry 4.0: what are the main differences in data flow? In this example, we can see a typical Industry 3.0 scenario: data flows in one direction only. It goes from the sensors to the PLCs, from the PLCs to the SCADA or MES systems, and sometimes also to the ERP.…

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The best takeaways from Digital Manufaturing Global Expert Survey

At PackIOT we are consistently looking for ways to help the companies develop strategies for their digital transformation journey. We are always reaching for new content, reading reports, looking for articles to help our leads and customers to develop a good strategy and creating new free tools and resources to deliver value back to the manufacturing industry. Earlier today, I read a McKinsey's report named Digital Manufacturing Global Expert Survey: Escaping Pilot Purgatory. Although the survey was run three years ago - in a completely different environment - it still brings some valuable insights into how manufacturers’ struggles when moving towards digital transformation are not different from country to country. It also brings some concerning behaviors by those manufacturers that are contributing to build what McKinsey call “pilot purgatory", which means that the manufacturing companies have significant activity underway, but are not yet seeing meaningful bottom-line benefits from them. Different companies from around the globe often make the same missteps when it comes to Digital Manufacturing strategy and implementation. In order to escape these so-called "pilot purgatory", and to capture and sustain the value from digital technologies, McKinsey recommended that organizations focus on six success factors, but…

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91% of manufacturing companies have increased their digital transformation investments, tells report

An international report developed by Fictiv and Dimensional Research states that the pandemic accelerated the adoption of digital technologies. While a lot of the past year has been responding to the crisis, the report finds that in 2021 the companies were planning and rushing to increase manufacturing agility. And that is the main reason why 91% of manufacturing companies have increased their digital transformation investments. According to the report, that you can find here, 95% said the pandemic has had long-term effects on their business and the manufacturing industry will never go back to the way things were. "From automation to sustainability, we are seeing a tremendous shift of strategic priorities for manufacturing companies, led by the very highest levels of leadership. Speed, agility, and resilience are the key business outcomes and digital manufacturing is the current that runs through every innovation initiative." It is also important to point out that 77% stated their investment increase in digital transformation was significant or dramatic and 95% agree that digital transformation in manufacturing is essential to their company's future success. Since Digital Transformation can be defined as a phenomenon which incorporates the use of digital technology to traditional problem-solving, we…

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Handling time-series workloads in IIoT by Mario Ishikawa

Learn more about how to better handle Industrial IoT with PackIOT's CTO and Co-Founder Mario G. Ishikawa. Mario talks about what is IIoT, how important is time-series in IIoT, the benefits of transforming data into useful information through Industry 4.0, important Timescale resources and some benchmark numbers to compare data processing from 10 sensors in a month. Then he wraps up the talk by answering questions like: why people would still use IIoT specific databases nowadays; what is the hard part of using Timescale for IIoT; how to model the database when you do no know beforehand how many or which sensor you are going to monitor.   https://www.youtube.com/watch?v=v-FxD0bbN38

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Pack Expo 2021: top 10 packaging events to attend this year

If you are missing visiting a trade show, we think it is time for you to start preparing to attend one. Organizers are planning their events with all safety requirements. People seem very happy to be back on the road, doing business in person. Everyone we are starting to meet share the same feeling: it is great that we've learned to hold some meetings online, making things more productive, but nothing replaces a firm hand shake and looking in the eyes. To make your life easier, we have prepared a guide best 10 Pack Expo, Packaging Expo, Trade Shows, Fairs, Exposition, Exhibition, Events to attend in 2021. Download the Ultimate List with more than 150 Packaging Events Worldwide: 2021 & 2022 October Plastics Extrusion World Expo Pharmapack Europe Expo / Healthcare Packaging Expo October 13-14, 2021 Paris, France Launched in 1997, Pharmapack is the European event for Pharmaceutical Packaging, Drug Delivery, Medical Devices and Machinery. Pharmapack started as a biannual conference and exhibition, taking place every other year in Paris, until industry developments demanded a more frequent event to help the industry stay up to date on the latest trends, developments and regulations. In the past 20+…

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Digital Maturity in the Packaging Industry has a long way to go, tells international report

To help people better understand how dig into Industry 4.0 and Digital Transformation the Packaging Industry is, PackIOT developed a new study called Digital Maturity in the Packaging Industry. We invited people, from 28 different countries, to describe their packaging factories, data collection and data analysis processes, the metrics and KPIs they follow and softwares they use. Download it now for free! In particular, we were interested in understanding what is the level of digital maturity that the packaging industry is experiencing. We also asked what kind of softwares and tools they have in the factories: ERP, MES, Production Analytics, PLCs. And what kind of production insights they are able to access with those tools. We discovered that the survey findings' identifies a lot of room for improvement in the Packaging Industry. Companies struggle to identify their bottlenecks and to keep track of their OEE. Automatic data collection is not a trend yet, goals are not openly discussed and few plants know if they are on track on planned downtimes. I want to see the full report! You will also be able to compare your plant to others based on the number of employees. Some other insights…

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50 free courses that every modern industry professional should be aware of

Do you want to stand out in your company, get a raise, and be a performer with better results? So this free special list is for you. According to McKinsey, the future of work will require two types of changes across the workforce: upskilling, in which staff gain new skills to help in their current roles, and reskilling, in which staff need the capabilities to take on different or entirely new roles. The key to adapt to the future of work in the manufacturing industry is to acquire knowledge on areas that will help you in the Industry 4.0 environment. And that is why PackIOT developed the special list: 50 Free Courses and Webinars that every modern industry professional should be aware of. This Free Special List covers areas that are trending on the Manufacturing Industry: 01. Digital Transformation This area covers topics like: sustainability through digital transformation, how to build a digital transformation strategy and leadership in digital transformation. 02. Lean Manufacturing and Production Improvement Fundamental principles, practices and tools of Lean Six Sigma, the Hidden Value of lean manufacturing and services and more.  03. Leadership, Management and Future of Work Will automation take away our…

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