Digital Transformation for FinTech: Challenges, Applications, and Benefits
Are you ready for transformation? If yes, we can help.Of the many, two industries deal with a massive volume of customers: (i) retail and (ii) finance. While the prior has already undergone rapid transformation by leveraging the potential of advanced tools, and technologies, the latter …
Digital Dashboard: 6 Reasons Why C-Level Executives Need One
How easy is it to track your business KPIs? Do you have a suitable mechanism to track and improve the performance of the workforce? If these questions are lingering in your mind for some time, then you’re not alone. It is true that data is …
An introduction to the world of lean manufacturing: The why, what and how of manufacturing excellence
What is lean manufacturing? Lean manufacturing is a philosophy that adopts a systematic and strategic approach to drive continuous improvement and sustainability through holistic elimination of inefficiencies and waste throughout an organization. As opposed to blindly following a set of prescribed rules and guidelines, lean …
How to measure and lower manufacturing lead time: A guide to skyrocket your business efficiency
Consumers today expect products to be well designed, easy to order as well as fast to deliver. Akin to manufacturers, consumers have begun to embrace cutting-edge digital technologies and their expectations from manufacturers have also evolved. In the midst of rising expectations, manufacturers have to …
How to minimize scrap in manufacturing Part 1: Reduce rework, optimize productivity and turbocharge your revenue
Of all the components comprising the cost structure of manufactured goods, material cost is one of the most expensive for almost any industry. Of course, without raw materials and components, there would be no production. But if too much material is rejected owing to its …
How to perform manufacturing capacity planning: A handy guide Part 1
Do you constantly encounter bottlenecks and hindrances while running your day-to-day production lines? Did you ever face a situation where you had to stop production due to unforeseen emergencies and problems? If you answered yes to any of the two questions that we asked, then …
Digital Maturity Success – What Should You Know and Do
Almost every manufacturing company today is investing in digital transformation solutions to transform their operations to boost performance and efficiency. But if you ask, “Are all the companies digitally mature?” The answer is NO most of the time. Every company that has transformed its business …
Industry 4.0 Solutions: Technologies, Challenges, and Implementation for SMEs
Since the advancement of Industry 4.0 solutions, manufacturers have moved a long way from digitization to digitalization. Industry 4.0 technologies The industry has realized the significance of digitalizing the processes, systems, and human resources using the technologies like IoT, AI, RPA, Mobile applications, etc. Interconnecting …
Digital transformation in healthcare: Trends and Technologies for 2023
Digital transformation trends in healthcare refers to a collection of the most recent developments and innovations in digital technologies that hold the potential to improve healthcare operations dramatically. The backbone of this transition is the use of sophisticated technologies such as AI, ML, IoT, and other …