Industry 4.0 is presented as the promised land of the 21st century in which the vast information available and the interconnection between a multitude of elements allow more effective and efficient operation. But this great data collection machine must serve some purpose.
Efficiency is like magic. It allows you to achieve the same results with fewer resources and is greatly appreciated in optimizing energy expenditure.
Be it a house, a car or a nuclear power plant, maintenance is a key consideration when building or acquiring a new asset. This post introduces some concepts related to aircraft maintenance.
Prescriptive analytics was missing in this industry's transition to the 4.0 paradigm, in particular in the areas of production planning and scheduling.
How algorithms rule the world The NSA revelations highlight the role sophisticated algorithms play in sifting through masses of data. But more surprising is their widespread use in our everyday…
In a sense, all business boils down to math. But some companies have tougher equations to solve than others. At UPS, the average driver makes about 120 deliveries per day,…