Why Your Manufacturing Digital Transformation Initiative is Stalled - Tamr Inc.

Every manufacturer I have engaged with in the past 10 years claims to be data-driven and almost all of them are investing in "Digital Transformation and Industry 4.0" initiatives. These initiatives have business-critical goals like better asset utilization, inventory reduction, improving quality and throughput or optimizing their supply chain. The required Key Performance Indicators (KPIs) like OEE, MTTF, OTD, FPY are all well understood by Kaizen teams ready with a commitment to continuous improvement. Given that much of manufacturing is digitized and with the adoption of IoT on top of "smarter" machines, the stage appears to be set for manufacturing analytics to provide the critical insights every business seeks. The unfortunate reality is that almost all of these analytics-driven initiatives stay in the crawl-stage for too long and fail to deliver on the promise in a reasonable period of time.