Industry 4.0 Ramps Up Product Life Cycles
Industry 4.0’s real business impact on product development and design is often understated in the hype it has created. More and more products are being made with native intelligence that allows...
Cashing the Check on Predictive Maintenance
The most frequently cited example of Industry 4.0 is asset performance management. A critical manufacturing asset is fitted with affordable sensor technology. This allows for the collection of unprecedented volumes and...
Data Warehouses and Big Data are Evolving into Data Lakes
The Internet of Things (IoT) and Machine Learning are key aspects of Industry 4.0. Both will result in the unprecedented collection and analysis of data to drive new insights and benefits....
Taiichi Ohno: Hero of the Toyota Production System
"Wisdom is given equally to everybody. The point is whether one can exercise it." -Taiichi Ohno
Very few people have been able to harness and use their wisdom as powerfully as Taiichi...