Digital means are now integrated into our lives. Already a force to reckon with since the past decade, the growth in consumption of digital services by consumers and businesses was rapidly accelerated by the COVID-19 pandemic.
Continue readingHow Can Smart Technology Make Travel Pleasant Again?
The COVID-19 pandemic proved to be extremely devastating for the travel industry. Not only did airlines cancel 100% of their national and international flights, but netizens worldwide also became too wary about exposing themselves to the virus and putting their health and safety at risk. But, as 2022 rolls along, the industry has picked up immense steam – much to everyone’s delight.
Continue readingCan Computer Vision Improve the Supply Chain?
At the height of the 2020 supply chain crisis, 75% of organizations faced disruptions in their supply chains. 44% of organizations had no clear strategy to manage these disruptions.
Continue readingThe Role of AI and Visual Analytics in Securing Sensitive Establishments
In today’s digital age, companies are adopting digital transformation through technologies like Artificial Intelligence (AI). The World Economic Forum estimates that $100 trillion will be added to the global economy through digital transformation by the year 2025.
Continue readingThe Post-COVID Hybrid Workplace Hides New Challenges for Admin and Facility Heads
Complying with safety regulations is a challenge for most companies, but even more so for large manufacturers. The consequences of non-compliance are huge too. According to a Ponemon-Global Scape report, the annual cost of non-compliance with regulations has increased by 45%. This can range anywhere from $2.2 million to $39.2 million.
Continue readingOvercoming the Limitations in Supply Chain Automation Demands a Platform Approach
The manufacturing and industrial sector have seen a fair share of disruption even before the whole world of work got upended by the COVID-19 pandemic. Changing customer preferences, dynamic market forces, increasing competitiveness, and continuous disruption have been increasing the pace of change.
Continue reading7 Applications for the Power of Computer Vision in Modern Retail Operations
If you thought revenue leakage happens only when you don’t bill or underbill your customers, you’re wrong! Today, with business operations getting so complex, revenue leakage is a growing concern across every stage of the manufacturing and fulfillment lifecycle.
Continue readingHow To Find (And Fix) Revenue Leakage and Waste in the Shipping Stage
If you thought revenue leakage happens only when you don’t bill or underbill your customers, you’re wrong! Today, with business operations getting so complex, revenue leakage is a growing concern across every stage of the manufacturing and fulfillment lifecycle.
Continue readingIs your Automation Strategy Increasing Rather than Reducing Human Effort?
The manufacturing and industrial sector have seen a fair share of disruption even before the whole world of work got upended by the COVID-19 pandemic. Changing customer preferences, dynamic market forces, increasing competitiveness, and continuous disruption have been increasing the pace of change.
Continue readingThe 5 Biggest Challenges with Complying with Safety Regulations in Large Manufacturing Plants
Complying with safety regulations is a challenge for most companies, but even more so for large manufacturers. The consequences of non-compliance are huge too. According to a Ponemon-Global Scape report, the annual cost of non-compliance with regulations has increased by 45%. This can range anywhere from $2.2 million to $39.2 million.
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